WhiteOak Capital Multi Cap Fund
Direct · GrowthAI Summary
The WhiteOak Capital Multi Cap Fund has delivered a 1-year XIRR of 13.15% and a 3-year XIRR of 15.27%, which are below the category averages of 15.06% and 16.01% respectively. Over the same periods, the fund has significantly outperformed the NIFTY 50 benchmark, with a 1-year fund CAGR of 10.62% versus -2.9% for the benchmark, and a 3-year fund CAGR of 19.59% versus 7.1% for the benchmark. The fund's rolling 1-year return of 13.39% is also above the benchmark's negative return, indicating consistent outperformance in recent periods.
The fund exhibits moderate volatility with a beta of 0.93-0.95 relative to the NIFTY 50, and it has a maximum drawdown of -16.93% with a recovery period of 119 days, indicating a meaningful but recoverable downside. The Calmar ratio of 0.91 for 1 year suggests a reasonable trade-off between return and drawdown, though the average drawdown of -3.14% and two drawdown events exceeding 10% highlight periodic risk. The fund's downside capture of 80-83% versus upside capture of 97-99% indicates it loses less than the benchmark in down markets while participating nearly fully in up markets, which is a favorable risk profile.
The fund is a multi-cap scheme, which by definition invests across large, mid, and small-cap stocks, providing broad diversification. While specific top holdings and sector weights are not provided, the multi-cap structure inherently reduces concentration risk compared to single-cap funds. The expense ratio of 0.74% is competitive, which can enhance net returns for investors.
The fund's XIRR returns are below the category averages for all periods shown, indicating it has underperformed its multi-cap peers over the past 1 and 3 years. However, the fund has consistently beaten the NIFTY 50 benchmark across all time frames, with alpha ranging from 2.03% (15Y) to 12.90% (1Y), showing strong benchmark-relative performance. The fund's calendar year returns show volatility, with a strong 30.59% in 2024 but modest gains in 2025 and 2026, suggesting inconsistent year-to-year performance relative to peers.
This fund is suitable for investors with a moderate-to-high risk tolerance who are seeking long-term wealth creation through a diversified multi-cap approach. Given the fund's underperformance versus category averages, investors should have a time horizon of at least 3-5 years to ride out volatility and benefit from the fund's benchmark-beating potential. It is particularly suited for those who value downside protection, as the fund's lower downside capture may help mitigate losses in bear markets.
- Consistent outperformance over the NIFTY 50 benchmark across all time periods, with alpha ranging from 2.03% to 12.90%.
- Lower downside capture (80-83%) compared to upside capture (97-99%), indicating better protection in falling markets.
- Competitive expense ratio of 0.74% for a direct growth option, which is cost-efficient for investors.
- Underperformance relative to the multi-cap category average, with 1Y and 3Y XIRR trailing peers by 1.91% and 0.74% respectively.
- Inconsistent calendar year returns, with a strong 2024 followed by modest gains in 2025 and 2026, which may test investor patience.
Generated on 30-08-2026, 2:54 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 | ₹12.77 L | 15.1% | -19.4% | 55.8% |
| 3 Years | ₹36.00 L | ₹44.59 L | 15.3% | 14.9% | 15.6% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 15.1% | 14.4% | 15.1% | +0.7% |
| 3 Years | 15.3% | 11.1% | 16.0% | +4.1% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 15.4% | 11.8% | 1.4% | 50.8% | 0.76 | 9.69 | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +12.90 | 0.93 | 97.5% | 80.3% | 10.6% | -2.9% |
| 3 Years | +12.52 | 0.95 | 99.5% | 83.1% | 19.6% | 7.1% |
| 5 Years | +7.03 | 0.95 | 99.5% | 83.1% | 11.3% | 4.2% |
| 7 Years | +4.83 | 0.95 | 99.5% | 83.1% | 8.0% | 3.0% |
| 10 Years | +3.23 | 0.95 | 99.5% | 83.1% | 5.5% | 2.1% |
| 12 Years | +2.62 | 0.95 | 99.5% | 83.1% | 4.6% | 1.7% |
| 15 Years | +2.03 | 0.95 | 99.5% | 83.1% | 3.6% | 1.4% |