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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹15.0510 | +1.14% | +4.89% | — | — |
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 |
|---|---|
| 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.
Frequently Asked Questions
How many stocks does WhiteOak Capital Multi Cap Fund hold?
WhiteOak Capital Multi Cap Fund holds 189 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 18.04% of NAV.
What is the largest holding in WhiteOak Capital Multi Cap Fund?
The largest position in WhiteOak Capital Multi Cap Fund is HDFC Bank Limited, accounting for 4.71% of NAV in the Banks sector.
Is WhiteOak Capital Multi Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.511, WhiteOak Capital Multi Cap Fund is moderately concentrated. The HHI concentration index is 13,592 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 18.04% of the portfolio.
What is the market cap allocation of WhiteOak Capital Multi Cap Fund?
Based on SEBI's AMFI classification, WhiteOak Capital Multi Cap Fund's equity portfolio is split as: Large Cap: 29.96%, Mid Cap: 25.70%, Small Cap: 29.38%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does WhiteOak Capital Multi Cap Fund invest in most?
WhiteOak Capital Multi Cap Fund has the highest allocation to Banks (15.96%), Pharmaceuticals & Biotechnology (6.20%), Finance (5.85%). The fund is invested across 43 sectors in total.
How actively managed is WhiteOak Capital Multi Cap Fund compared to other Multi Cap Fund funds?
WhiteOak Capital Multi Cap Fund has an Active Share of 59.83%, classifying it as "Active Stock Picker" among 30 Multi Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in WhiteOak Capital Multi Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, WhiteOak Capital Multi Cap Fund added 18 new stocks (including Bharat Heavy Electricals Limited) and exited 16 stocks (including Vedanta Limited). Total holding count increased from 196 to 198 stocks.