WhiteOak Capital Equity Savings Fund
WhiteOak Capital·Equity Savings·vs Nifty Equity Savings TRI
WhiteOak's equity savings positioning remains defensively tilted toward banking and sovereign bonds, capturing steady dividend yields while hedging volatility through 16.5% bond allocation. The manager is pivoting away from commodity and pharma cyclicals toward consumer staples and fintech, signaling preference for resilient earnings streams in a moderating growth environment. Notably, the Vodafone Idea accumulation despite sector stress suggests conviction in telecom consolidation upside, though this concentrated bet warrants monitoring.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹11.1760 | +0.16% | -0.96% | +0.05% | +7.27% | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
129
Top 5 Weight
25.46%
Top 10 Weight
38.51%
Active Share
—
Large Cap
48.19%
Gini
0.640
What Changed2026-03-31 → 2026-04-30
Holdings: 134 → 133+10 added−11 removed25 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| SBI Cards and Payment Services Limited | 0.62% |
| Gillette India Limited | 0.05% |
| Clean Max Enviro Energy Solutions Limited | 0.00% |
| Knowledge Realty Trust | 0.38% |
| Citius Transnet Investment Trust | 0.87% |
| Vedanta Aluminium Metal Limited ** | 0.06% |
| Malco Energy Limited ** | 0.01% |
| Talwandi Sabo Power Limited ** | 0.00% |
| Vedanta Iron And Steel Limited ** | 0.00% |
| 6.68% Government of India (27/01/2033) | 2.04% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Limited INE040A01034 | 7.10% |
| 2 | 6.28% Government of India (14/07/2032) IN0020250059 | 5.80% |
| 3 | ICICI Bank Limited INE090A01021 | 5.09% |
| 4 | Bharti Airtel Limited INE397D01024 | 4.09% |
| 5 | Vodafone Idea Limited INE669E01016 | 3.38% |
| 6 | State Bank of India INE062A01020 | 3.09% |
| 7 | 6.01% Government of India (21/07/2030) IN0020250067 | 2.63% |
| 8 | Axis Bank Limited INE238A01034 | 2.54% |
| 9 | Nexus Select Trust - REIT INE0NDH25011 | 2.44% |
| 10 | Maruti Suzuki India Limited INE585B01010 | 2.35% |
| 11 | 6.68% Government of India (07/07/2040) IN0020250042 | 2.34% |
| 12 | Embassy Office Parks REIT INE041025011 | 2.25% |
| 13 | SBI Life Insurance Company Limited INE123W01016 | 2.17% |
| 14 | TVS Motor Company Limited INE494B01023 | 2.10% |
| 15 | Reliance Industries Limited INE002A01018 | 2.09% |
| 16 | Kotak Mahindra Bank Limited INE237A01036 | 2.09% |
| 17 | 6.33% Government of India (05/05/2035) IN0020250026 | 2.04% |
| 18 | 6.68% Government of India (27/01/2033) IN0020250133 | 2.04% |
| 19 | Brookfield India Real Estate Trust INE0FDU25010 | 1.98% |
| 20 | IndiGrid Infrastructure Trust INE219X23014 | 1.96% |
Sector Allocation
Banks21.2%
Sovereign16.4%
Telecom - Services7.5%
Realty7.2%
Automobiles5.8%
Finance5.5%
Insurance3.3%
CRISIL AAA2.9%
Transport Infrastructure2.6%
Power2.3%
Top 10 sectors by % to NAV. Excludes derivatives.