HealthyDirect · GrowthFit for a long SIP
WhiteOak Capital Arbitrage Fund
WhiteOak Capital Mutual FundHybrid Schemes - Arbitrage Fund2.1 years
The scheme seek to generate returns by predominantly investing in arbitrage pportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments. There is no assurance that the investment objective of the Scheme will be achieved.
- NAV
- 11.617
- 27 Oct 2026
- 1Y
- +7.2%
- Trailing CAGR
- AUM
- ₹819.88 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 27 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 100% of rolling 1-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Fail
2.1 years - thin for judging consistency.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Watch
2.34% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.4%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
Pass
Bhavin Patadia · 2.0 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 322.8% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 0%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+7.2%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+7.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+7.3%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +7.2%
- Calendar-day CAGR
- Excess 1Y
- +0.7%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.4%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +37%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 2 days
- 105 recovered episodes
- Longest recovery
- 18 days
- Trough to prior peak
3 Aug 2026 – 24 Aug 2026
Trough 6 Aug 2026 · recovered in 18 days
-0.4%
1 Sept 2026 – 10 Sept 2026
Trough 4 Sept 2026 · recovered in 6 days
-0.3%
24 Aug 2026 – 31 Aug 2026
Trough 26 Aug 2026 · recovered in 5 days
-0.2%
25 Sept 2026 – 30 Sept 2026
Trough 29 Sept 2026 · recovered in 1 days
-0.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
38
Vs category
55
Consistency
100
Risk-adjusted
79
Drawdown
99
Mean
74
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 100% of rolling 1-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 175 holdings · top 10 are 322.8%.
- Top 5
- 283.8%
- Top 10
- 322.8%
- Largest holding
- 219.4%
- Effective holdings
- 0.2
Cash Margin
Unspecified
219.4%
Bandhan Money Market Fund Direct-Growth
Unspecified
18.3%
WhiteOak Capital Liquid Fund Direct - Growth
Unspecified
16.9%
HDFC Bank Ltd
Financial
16.6%
Reliance Industries Ltd
Energy & Utilities
12.6%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis Arbitrage Fund
Axis Mutual Fund
- 1Y
- +6.7%
- 3Y
- +7.3%
- Vol
- 1.0%
- Max DD
- -0.6%
- Sharpe
- 0.68
- 3Y win
- +88%
- Lower volatility
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
HSBC Arbitrage Fund
HSBC Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.2%
- Vol
- 1.1%
- Max DD
- -0.3%
- Sharpe
- 1.29
- 3Y win
- +6%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
ICICI Prudential Arbitrage Fund
ICICI Prudential Mutual Fund
- 1Y
- +6.7%
- 3Y
- +7.3%
- Vol
- 1.1%
- Max DD
- -0.6%
- Sharpe
- 0.98
- 3Y win
- +73%
- Lower volatility
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
Invesco India Arbitrage Fund
Invesco Mutual Fund
- 1Y
- +6.9%
- 3Y
- +7.5%
- Vol
- 1.0%
- Max DD
- -0.5%
- Sharpe
- 0.94
- 3Y win
- +63%
- Lower volatility
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
SBI Arbitrage Fund
SBI Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.2%
- Vol
- 1.1%
- Max DD
- -0.6%
- Sharpe
- 0.79
- 3Y win
- +35%
- Lower volatility
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown