Funds/Flexi Cap Fund/WhiteOak Capital Flexi Cap Fund

WhiteOak Capital Flexi Cap Fund

WhiteOak Capital·Flexi Cap Fund·vs Nifty 500 TRI

WhiteOak Capital's flexi cap fund remains heavily anchored in quality financials, with banks commanding over one-fifth of the portfolio, signalling conviction in India's credit cycle and institutional strength. The manager is actively rebalancing toward emerging themes—trimming renewable energy and auto exposure while selectively adding smaller players in clean energy and specialty chemicals—suggesting a tactical rotation toward consolidation-resistant growth stories. The modest cash buffer and consistent top-10 concentration indicate confidence in large-cap picks while maintaining flexibility to exploit mid-cap opportunities.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Regular Growth	₹16.7560	+1.15%	-3.03%	-6.77%	+0.76%	+16.50%	—

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

153

Top 5 Weight

25.89%

Top 10 Weight

38.10%

Active Share

—

Large Cap

51.57%

Gini

0.562

What Changed2026-03-31 → 2026-04-30

Holdings: 162 → 160+11 added−13 removed37 weight shifts ≥ 0.1%

Stock	Sector	Weight
Solar Industries India Limited	Chemicals & Petrochemicals	0.52%
Aether Industries Limited	Chemicals & Petrochemicals	0.25%
Nuvoco Vistas Corporation Limited	Cement & Cement Products	0.20%
Aye Finance Limited	Finance	0.03%
Clean Max Enviro Energy Solutions Limited	Power	0.01%
Vedanta Aluminium Metal Limited **	Miscellaneous	0.24%
Malco Energy Limited **	Miscellaneous	0.04%
Talwandi Sabo Power Limited **	Miscellaneous	0.01%
Vedanta Iron And Steel Limited **	Miscellaneous	0.01%
182 Days Tbill (MD 26/06/2026)	Sovereign	0.38%
182 Days Tbill (MD 09/07/2026)	Sovereign	0.38%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	ICICI Bank Limited INE090A01021	Banks	EQUITY	8.12%
2	HDFC Bank Limited INE040A01034	Banks	EQUITY	6.85%
3	Bharti Airtel Limited INE397D01024	Telecom - Services	EQUITY	4.47%
4	Nestle India Limited INE239A01024	Food Products	EQUITY	3.25%
5	Clearing Corporation of India Ltd		CASH_EQUIVALENT	3.20%
6	Bharat Electronics Limited INE263A01024	Aerospace & Defense	EQUITY	2.64%
7	Reliance Industries Limited INE002A01018	Petroleum Products	EQUITY	2.52%
8	Eternal Limited INE758T01015	Retailing	EQUITY	2.46%
9	Kotak Mahindra Bank Limited INE237A01036	Banks	EQUITY	2.37%
10	Mahindra & Mahindra Limited INE101A01026	Automobiles	EQUITY	2.22%
11	State Bank of India INE062A01020	Banks	EQUITY	2.06%
12	Maruti Suzuki India Limited INE585B01010	Automobiles	EQUITY	1.79%
13	Nexus Select Trust - REIT INE0NDH25011	Realty	REIT_INVIT	1.59%
14	Titan Company Limited INE280A01028	Consumer Durables	EQUITY	1.57%
15	Hindalco Industries Limited INE038A01020	Non - Ferrous Metals	EQUITY	1.31%
16	JB Chemicals & Pharmaceuticals Limited INE572A01036	Pharmaceuticals & Biotechnology	EQUITY	1.30%
17	National Highways Infra Trust INE0H7R23014	Transport Infrastructure	EQUITY	1.29%
18	Aadhar Housing Finance Limited INE883F01010	Finance	EQUITY	1.27%
19	Oil & Natural Gas Corporation Limited INE213A01029	Oil	EQUITY	0.98%
20	Max Financial Services Limited INE180A01020	Insurance	EQUITY	0.97%

Sector Allocation

Banks21.5%

Finance6.9%

Telecom - Services4.5%

Automobiles4.3%

Pharmaceuticals & Biotechnology4.2%

Sovereign4.1%

Consumer Durables4.0%

Food Products3.4%

Retailing3.3%

Realty3.2%

Top 10 sectors by % to NAV. Excludes derivatives.