WhiteOak Capital Flexi Cap Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹16.9130 | +0.05% | +0.28% | +16.65% | — |
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 |
|---|---|
| Solar Industries India Limited | 0.52% |
| Aether Industries Limited | 0.25% |
| Nuvoco Vistas Corporation Limited | 0.20% |
| Aye Finance Limited | 0.03% |
| Clean Max Enviro Energy Solutions Limited | 0.01% |
| Vedanta Aluminium Metal Limited ** | 0.24% |
| Malco Energy Limited ** | 0.04% |
| Talwandi Sabo Power Limited ** | 0.01% |
| Vedanta Iron And Steel Limited ** | 0.01% |
| 182 Days Tbill (MD 26/06/2026) | 0.38% |
| 182 Days Tbill (MD 09/07/2026) | 0.38% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 8.12% |
| 2 | HDFC Bank Limited INE040A01034 | 6.85% |
| 3 | Bharti Airtel Limited INE397D01024 | 4.47% |
| 4 | Nestle India Limited INE239A01024 | 3.25% |
| 5 | Clearing Corporation of India Ltd | 3.20% |
| 6 | Bharat Electronics Limited INE263A01024 | 2.64% |
| 7 | Reliance Industries Limited INE002A01018 | 2.52% |
| 8 | Eternal Limited INE758T01015 | 2.46% |
| 9 | Kotak Mahindra Bank Limited INE237A01036 | 2.37% |
| 10 | Mahindra & Mahindra Limited INE101A01026 | 2.22% |
| 11 | State Bank of India INE062A01020 | 2.06% |
| 12 | Maruti Suzuki India Limited INE585B01010 | 1.79% |
| 13 | Nexus Select Trust - REIT INE0NDH25011 | 1.59% |
| 14 | Titan Company Limited INE280A01028 | 1.57% |
| 15 | Hindalco Industries Limited INE038A01020 | 1.31% |
| 16 | JB Chemicals & Pharmaceuticals Limited INE572A01036 | 1.30% |
| 17 | National Highways Infra Trust INE0H7R23014 | 1.29% |
| 18 | Aadhar Housing Finance Limited INE883F01010 | 1.27% |
| 19 | Oil & Natural Gas Corporation Limited INE213A01029 | 0.98% |
| 20 | Max Financial Services Limited INE180A01020 | 0.97% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does WhiteOak Capital Flexi Cap Fund hold?
WhiteOak Capital Flexi Cap Fund holds 153 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 25.89% of NAV.
What is the largest holding in WhiteOak Capital Flexi Cap Fund?
The largest position in WhiteOak Capital Flexi Cap Fund is ICICI Bank Limited, accounting for 8.12% of NAV in the Banks sector.
Is WhiteOak Capital Flexi Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.562, WhiteOak Capital Flexi Cap Fund is moderately concentrated. The HHI concentration index is 22,830 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 25.89% of the portfolio.
What is the market cap allocation of WhiteOak Capital Flexi Cap Fund?
Based on SEBI's AMFI classification, WhiteOak Capital Flexi Cap Fund's equity portfolio is split as: Large Cap: 51.57%, Mid Cap: 5.96%, Small Cap: 28.00%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does WhiteOak Capital Flexi Cap Fund invest in most?
WhiteOak Capital Flexi Cap Fund has the highest allocation to Banks (21.50%), Finance (6.90%), Telecom - Services (4.47%). The fund is invested across 40 sectors in total.
How actively managed is WhiteOak Capital Flexi Cap Fund compared to other Flexi Cap Fund funds?
WhiteOak Capital Flexi Cap Fund has an Active Share of 56.45%, classifying it as "Active Stock Picker" among 41 Flexi Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in WhiteOak Capital Flexi Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, WhiteOak Capital Flexi Cap Fund added 11 new stocks (including Solar Industries India Limited) and exited 13 stocks (including Vedanta Limited). Total holding count decreased from 162 to 160 stocks.