WhiteOak Capital ELSS Tax Saver Fund
WhiteOak's ELSS fund remains heavily anchored in financial stocks, with banks commanding over a fifth of assets, signaling conviction in India's lending cycle. The manager trimmed cyclical exposure by exiting energy and renewable plays while adding niche picks in paints, specialty chemicals, and fintech, suggesting a tactical shift toward consumer staples and defensive micro-caps over macro-driven sectors. The modest cash buildup and concentrated top-10 holdings at 37 percent indicate selective conviction rather than broad-based optimism.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹16.7630 | +0.10% | -1.16% | +17.42% | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Kansai Nerolac Paints Limited | 0.30% |
| Aether Industries Limited | 0.25% |
| Corona Remedies Limited | 0.22% |
| Aye Finance Limited | 0.03% |
| Clean Max Enviro Energy Solutions Limited | 0.01% |
| Vedanta Aluminium Metal Limited ** | 0.28% |
| Malco Energy Limited ** | 0.04% |
| Talwandi Sabo Power Limited ** | 0.01% |
| Vedanta Iron And Steel Limited ** | 0.01% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 8.01% |
| 2 | HDFC Bank Limited INE040A01034 | 6.27% |
| 3 | Bharti Airtel Limited INE397D01024 | 4.27% |
| 4 | Nestle India Limited INE239A01024 | 3.56% |
| 5 | Reliance Industries Limited INE002A01018 | 2.89% |
| 6 | Bharat Electronics Limited INE263A01024 | 2.67% |
| 7 | Kotak Mahindra Bank Limited INE237A01036 | 2.52% |
| 8 | Mahindra & Mahindra Limited INE101A01026 | 2.51% |
| 9 | Eternal Limited INE758T01015 | 2.32% |
| 10 | Clearing Corporation of India Ltd | 2.25% |
| 11 | State Bank of India INE062A01020 | 2.16% |
| 12 | Maruti Suzuki India Limited INE585B01010 | 1.77% |
| 13 | Titan Company Limited INE280A01028 | 1.73% |
| 14 | JB Chemicals & Pharmaceuticals Limited INE572A01036 | 1.50% |
| 15 | Muthoot Finance Limited INE414G01012 | 1.37% |
| 16 | Persistent Systems Limited INE262H01021 | 1.23% |
| 17 | Aadhar Housing Finance Limited INE883F01010 | 1.23% |
| 18 | Hindalco Industries Limited INE038A01020 | 1.21% |
| 19 | Max Financial Services Limited INE180A01020 | 1.17% |
| 20 | Bajaj Finserv Limited INE918I01026 | 1.12% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does WhiteOak Capital ELSS Tax Saver Fund hold?
WhiteOak Capital ELSS Tax Saver Fund holds 137 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 25.00% of NAV.
What is the largest holding in WhiteOak Capital ELSS Tax Saver Fund?
The largest position in WhiteOak Capital ELSS Tax Saver Fund is ICICI Bank Limited, accounting for 8.01% of NAV in the Banks sector.
Is WhiteOak Capital ELSS Tax Saver Fund a concentrated or diversified fund?
With a Gini coefficient of 0.528, WhiteOak Capital ELSS Tax Saver Fund is moderately concentrated. The HHI concentration index is 22,109 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 25.00% of the portfolio.
What is the market cap allocation of WhiteOak Capital ELSS Tax Saver Fund?
Based on SEBI's AMFI classification, WhiteOak Capital ELSS Tax Saver Fund's equity portfolio is split as: Large Cap: 53.62%, Mid Cap: 9.15%, Small Cap: 31.41%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does WhiteOak Capital ELSS Tax Saver Fund invest in most?
WhiteOak Capital ELSS Tax Saver Fund has the highest allocation to Banks (21.50%), Finance (8.17%), Pharmaceuticals & Biotechnology (5.18%). The fund is invested across 38 sectors in total.
How actively managed is WhiteOak Capital ELSS Tax Saver Fund compared to other ELSS - Tax Saver Fund funds?
WhiteOak Capital ELSS Tax Saver Fund has an Active Share of 54.54%, classifying it as "Active Stock Picker" among 37 ELSS - Tax Saver Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in WhiteOak Capital ELSS Tax Saver Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, WhiteOak Capital ELSS Tax Saver Fund added 9 new stocks (including Kansai Nerolac Paints Limited) and exited 6 stocks (including Vedanta Limited). Total holding count increased from 135 to 138 stocks.