Funds/Multi Asset Allocation/WhiteOak Capital Multi Asset Allocation Fund

WhiteOak Capital Multi Asset Allocation Fund

WhiteOak Capital·Multi Asset Allocation·vs Nifty 200 TRI

WhiteOak's multi-asset approach is heavily fortified against volatility through substantial precious metals exposure (over 21%) and high-quality debt anchors, positioning the portfolio defensively in uncertain markets. The significant upgrade to Clearing Corporation reflects conviction in financial infrastructure, while simultaneous exits from discretionary names like Hero MotoCorp signal reduced appetite for cyclical consumption. Recent additions in renewable energy and structured finance suggest the manager is tactically rotating toward secular growth themes while maintaining a defensive core.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Primary	₹15.4720	+0.69%	-0.17%	+3.13%	+12.32%	—	—

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

Portfolio Metrics(latest month)

Holdings

179

Top 5 Weight

26.35%

Top 10 Weight

39.62%

Active Share

—

Large Cap

19.84%

Gini

0.658

What Changed2026-03-31 → 2026-04-30

Holdings: 187 → 191+17 added−13 removed33 weight shifts ≥ 0.1%

Stock	Sector	Weight
Cummins India Limited	Industrial Products	0.15%
PNB Housing Finance Limited	Finance	0.10%
Aether Industries Limited	Chemicals & Petrochemicals	0.01%
Clean Max Enviro Energy Solutions Limited	Power	0.00%
Citius Transnet Investment Trust	Transport Infrastructure	1.32%
Vedanta Aluminium Metal Limited **	Miscellaneous	0.09%
Onemi Technology Solutions Limited	Miscellaneous	0.06%
Malco Energy Limited **	Miscellaneous	0.01%
Talwandi Sabo Power Limited **	Miscellaneous	0.00%
Vedanta Iron And Steel Limited **	Miscellaneous	0.00%
7.77% Bajaj Finance Limited (17/04/2029) **	CRISIL AAA	0.49%
7.45% Torrent Pharmaceuticals Limited (19/01/2028) **	ICRA AA+	0.35%
7.44% National Bank For Agriculture and Rural Development (17/07/2029)	CRISIL AAA	0.33%
8.4% Cholamandalam Investment and Finance Company Ltd (18/09/2027) **	ICRA AA+	0.24%
Kotak Mahindra Bank Limited (31/08/2026) ** #	CRISIL A1+	0.11%
HDFC Bank Limited (24/06/2026) ** #	CRISIL A1+	0.04%
91 Days Tbill (MD 16/07/2026)	Sovereign	0.69%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	Clearing Corporation of India Ltd		CASH_EQUIVALENT	8.73%
2	SILVER 999 1KG BAR		SILVER	6.75%
3	GOLD 995 100 Grm BAR		GOLD	3.77%
4	ICICI Prudential Gold ETF INF109KC1NT3		GOLD	3.66%
5	GOLD 999 1KG BAR		GOLD	3.44%
6	Nexus Select Trust - REIT INE0NDH25011	Realty	REIT_INVIT	3.00%
7	IndiGrid Infrastructure Trust INE219X23014	Power	EQUITY	2.86%
8	ICICI Bank Limited INE090A01021	Banks	EQUITY	2.63%
9	Embassy Office Parks REIT INE041025011	Realty	REIT_INVIT	2.51%
10	DSP Gold ETF INF740KA1SW3		GOLD	2.27%
11	Bharti Airtel Limited INE397D01024	Telecom - Services	EQUITY	2.22%
12	HDFC Bank Limited INE040A01034	Banks	EQUITY	2.19%
13	Brookfield India Real Estate Trust INE0FDU25010	Realty	EQUITY	1.97%
14	7.48% National Bank For Agriculture and Rural Development (15/09/2028) INE261F08EO7	CRISIL AAA	DEBT	1.73%
15	91 Days Tbill (MD 22/05/2026) IN002025X463	Sovereign	DEBT	1.47%
16	6.28% Government of India (14/07/2032) IN0020250059	Sovereign	DEBT	1.47%
17	Net Receivables / (Payables)		CASH_EQUIVALENT	1.38%
18	Citius Transnet Investment Trust INE2Q7823014	Transport Infrastructure	EQUITY	1.32%
19	Roadstar Infra Investment Trust INE0JEI23010	Transport Infrastructure	EQUITY	1.11%
20	Nestle India Limited INE239A01024	Food Products	EQUITY	1.07%

Sector Allocation

CRISIL AAA11.2%

Sovereign9.0%

Realty8.2%

Banks6.5%

Transport Infrastructure4.3%

Power3.5%

Telecom - Services2.2%

CRISIL AA+2.0%

ICRA AA+1.9%

Finance1.7%

Top 10 sectors by % to NAV. Excludes derivatives.