HealthyDirect · GrowthFit for a long SIP
WhiteOak Capital ELSS Tax Saver Fund
WhiteOak Capital Mutual FundEquity Schemes - ELSS- Tax Saver Fund4 years
The scheme seeks to generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments.
- NAV
- 18.497
- 29 Oct 2026
- 1Y
- -2.1%
- Trailing CAGR
- AUM
- ₹493.51 Cr
- 31 Aug 2026
- Volatility
- Medium
- 13.2% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 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 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Watch
4.0 years - usable, still building a track record.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.86% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -16.4%. Ask whether you can hold through a similar fall.
Vs category
Pass
100% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Ashish Agrawal · 1.8 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / lock-in
Watch
ELSS locks each installment for 3 years. Useful only if 80C is open on the old regime - otherwise locked equity.
Portfolio concentration
Pass
Top 10 holdings ≈ 36.1% 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 16%. 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.
ELSS lock-in
Every installment locks for 3 years. Only useful if 80C is still open on the old regime - otherwise it is locked equity, not a tax cut.
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-2.1%
- 3Y+15.8%
- 5Yn/a
- 10Yn/a
- SI+16.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+2.3%
- 3Y+6.9%
- 5Yn/a
- 10Yn/a
- Since inception
- +16.3%
- Calendar-day CAGR
- Excess 1Y
- +3.2%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 95
- Vs comparable share classes
- SIP 3Y XIRR
- +6.9%
- Simulated monthly SIP
- Worst rolling 3Y
- +14.2%
- 254 daily-ending windows
- Median rolling 3Y
- +20.0%
- 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
- -16.4%
- Worst peak-to-trough
- Current
- -6.0%
- Below last peak
- Current spell
- 62 days
- Days below latest peak
- Time below peak
- +82%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 10 days
- 64 recovered episodes
- Longest recovery
- 130 days
- Trough to prior peak
11 Dec 2024 – 27 Jun 2025
Trough 28 Feb 2025 · recovered in 119 days
-16.4%
20 Nov 2025 – 31 Jul 2026
Trough 23 Mar 2026 · recovered in 130 days
-15.9%
1 Dec 2022 – 25 May 2023
Trough 28 Mar 2023 · recovered in 58 days
-10.1%
28 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-8.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
95
Vs category
70
Consistency
96
Risk-adjusted
65
Drawdown
59
Mean
77
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 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
31 Aug 2026 · 143 holdings · top 10 are 36.1%.
- Top 5
- 24.5%
- Top 10
- 36.1%
- Largest holding
- 8.4%
- Effective holdings
- 50.3
ICICI Bank Ltd
Financial
8.4%
Bharti Airtel Ltd
Technology
3.8%
Nestle India Ltd
Consumer Staples
3.8%
HDFC Bank Ltd
Financial
3.8%
Zomato Ltd
Technology
2.7%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Bajaj Finserv ELSS - Tax Saver Fund
Bajaj Finserv Mutual Fund
- 1Y
- -3.7%
- 3Y
- n/a
- Vol
- 13.1%
- Max DD
- -13.5%
- Sharpe
- 0.13
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
JM ELSS - Tax Saver Fund
JM Financial Mutual Fund
- 1Y
- -0.9%
- 3Y
- +16.0%
- Vol
- 17.2%
- Max DD
- -37.4%
- Sharpe
- 0.64
- 3Y win
- +88%
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
Canara Robeco ELSS - Tax Saver Fund
Canara Robeco Mutual Fund
- 1Y
- -5.1%
- 3Y
- +11.6%
- Vol
- 15.4%
- Max DD
- -34.3%
- Sharpe
- 0.59
- 3Y win
- +38%
- Lower TER
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns
NJ ELSS Tax Saver Fund
NJ Mutual Fund
- 1Y
- -6.5%
- 3Y
- +8.4%
- Vol
- 13.8%
- Max DD
- -22.8%
- Sharpe
- 0.37
- 3Y win
- 0%
- Lower TER
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns