WhiteOak Capital Multi Cap Fund
WhiteOak's portfolio reveals a deliberate tilt toward defensive, quality names with significant banking exposure and a meaningful sovereign allocation through CCIL, suggesting conviction in financial stability during uncertain times. The manager's active reshuffling—adding cyclical names like Godrej Properties and Nuvoco while trimming Vedanta and insurance—signals tactical positioning for economic recovery alongside core defensive holdings. The measured cash buffer and diversified 198-stock base indicate a disciplined, conviction-driven approach rather than index-hugging, balancing growth opportunities with downside protection.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹14.9210 | +2.53% | -0.41% | -5.05% | +5.27% | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Bharat Heavy Electricals Limited | 0.79% |
| Godrej Properties Limited | 0.41% |
| Nuvoco Vistas Corporation Limited | 0.29% |
| Tenneco Clean Air India Limited | 0.25% |
| Corona Remedies Limited | 0.21% |
| Kansai Nerolac Paints Limited | 0.20% |
| Ather Energy Limited | 0.17% |
| Aether Industries Limited | 0.17% |
| Aye Finance Limited | 0.03% |
| Clean Max Enviro Energy Solutions Limited | 0.01% |
| Prudent Corporate Advisory Services Limited | 0.01% |
| Xpro India Limited | 0.00% |
| Vedanta Aluminium Metal Limited ** | 0.18% |
| Malco Energy Limited ** | 0.03% |
| Talwandi Sabo Power Limited ** | 0.01% |
| Vedanta Iron And Steel Limited ** | 0.00% |
| 182 Days Tbill (MD 26/06/2026) | 0.73% |
| 182 Days Tbill (MD 09/07/2026) | 0.43% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Limited INE040A01034 | 4.71% |
| 2 | ICICI Bank Limited INE090A01021 | 4.71% |
| 3 | Clearing Corporation of India Ltd | 4.51% |
| 4 | Nestle India Limited INE239A01024 | 2.24% |
| 5 | Bharti Airtel Limited INE397D01024 | 1.87% |
| 6 | Nexus Select Trust - REIT INE0NDH25011 | 1.77% |
| 7 | Eternal Limited INE758T01015 | 1.65% |
| 8 | Bharti Hexacom Limited INE343G01021 | 1.57% |
| 9 | The Phoenix Mills Limited INE211B01039 | 1.56% |
| 10 | Max Financial Services Limited INE180A01020 | 1.51% |
| 11 | Reliance Industries Limited INE002A01018 | 1.43% |
| 12 | Bharat Electronics Limited INE263A01024 | 1.38% |
| 13 | The Federal Bank Limited INE171A01029 | 1.36% |
| 14 | Aadhar Housing Finance Limited INE883F01010 | 1.32% |
| 15 | Kotak Mahindra Bank Limited INE237A01036 | 1.31% |
| 16 | Fortis Healthcare Limited INE061F01013 | 1.28% |
| 17 | Mahindra & Mahindra Limited INE101A01026 | 1.23% |
| 18 | Persistent Systems Limited INE262H01021 | 1.23% |
| 19 | State Bank of India INE062A01020 | 1.17% |
| 20 | JB Chemicals & Pharmaceuticals Limited INE572A01036 | 1.10% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.