WhiteOak Capital Banking and Financial Services Fund
Direct · GrowthAI Summary
The fund's 1-year SIP XIRR of 8.62% trails the category average of 12.18% by 3.56 percentage points, indicating underperformance versus sectoral peers over the past year. Lump-sum rolling 1-year returns averaged 11.1%, and calendar year returns were positive in 2024 (15.73%) and 2025 (15.39%) before turning negative at -4.28% in 2026. The recent weakness suggests the banking and financial services sector is going through a corrective phase.
Risk metrics appear moderate, with a maximum drawdown of just -0.16% over 40 days and only 2 drawdown events exceeding 10%, though the 98-day recovery period shows drawdowns can take time to heal. The 1-year Calmar ratio of 0.7803 indicates modest risk-adjusted returns relative to the drawdown experienced. Overall, the fund's drawdown profile suggests contained volatility in the recent period, though sector funds are inherently more volatile than diversified funds.
As a sectoral fund focused on banking and financial services, the portfolio is concentrated in a single sector, which limits diversification by design. No individual holding or sector breakdown data was provided, so stock-level concentration cannot be assessed. Investors should expect performance to be driven almost entirely by the financial sector cycle.
The fund's 1-year XIRR of 8.62% places it below the sectoral category average of 12.18%, suggesting weaker recent relative performance. Positive calendar year returns in 2024 and 2025 (both above 15%) show it has delivered in favorable years, but 2026's -4.28% return reflects the sector's current downturn. Consistency over longer periods cannot be evaluated as longer-tenure XIRR data for the fund was not provided.
This fund is suitable for investors with high risk tolerance who want targeted exposure to India's banking and financial services sector, ideally as a satellite allocation of 5-10% of the portfolio rather than a core holding. A time horizon of at least 5-7 years is recommended to ride out sector cycles like the current 2026 correction. Investors should be comfortable with periods of underperformance versus diversified categories.
- Low maximum drawdown of -0.16% with only 2 drawdown events exceeding 10%, indicating contained recent volatility
- Delivered consistent positive calendar year returns of 15.73% in 2024 and 15.39% in 2025
- Competitive expense ratio of 0.72% for the Direct plan, helping net returns
- 1-year SIP XIRR of 8.62% underperforms the category average of 12.18% by 3.56 percentage points
- Negative 2026 return of -4.28% and 98-day recovery time from max drawdown highlight sector-cycle risk inherent to a concentrated sectoral fund
Generated on 22-10-2026, 2:59 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.67 L | 10.7% | -20.8% | 28.6% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | Category avg |
|---|---|---|
| 1 Year | 10.7% | 12.2% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 12.5% | 12.7% | -6.3% | 28.4% | 0.83 | 2.76 | 97% | — | — |