ReviewDirect · GrowthPrefer peers first
WhiteOak Capital ESG Best-In-Class Strategy Fund
WhiteOak Capital Mutual FundEquity Schemes - Thematic Fund2 years
The scheme seeks to achieve long-term capital appreciation by investing in the companies identified based on the Environment, Social and Governance (ESG) theme adopting Best in Class Strategy. There is no assurance that the investment objective of the Scheme will be achieved.
- NAV
- 9.882
- 29 Oct 2026
- 1Y
- -9.3%
- Trailing CAGR
- AUM
- ₹49.06 Cr
- 30 Sept 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
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Watch if · Risk-adjusted return (Sharpe) is negative over the available daily history.
Prefer peers if · Prefer Nippon India MNC Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Fail
2.0 years - thin for judging consistency.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
1.00% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -17.2%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
Watch
Ashish Agrawal · 1.8 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
Pass
Top 10 holdings ≈ 45.5% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
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 17%. 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
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
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-9.3%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI-0.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-6.7%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- -0.4%
- Calendar-day CAGR
- Excess 1Y
- -5.6%
- 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
- -17.2%
- Worst peak-to-trough
- Current
- -10.4%
- Below last peak
- Current spell
- 336 days
- Days below latest peak
- Time below peak
- +93%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 14 days
- 14 recovered episodes
- Longest recovery
- 98 days
- Trough to prior peak
27 Nov 2025 – open
Trough 30 Mar 2026 · not recovered
-17.2%
16 Dec 2024 – 6 Jun 2025
Trough 28 Feb 2025 · recovered in 98 days
-13.2%
18 Sept 2025 – 17 Oct 2025
Trough 29 Sept 2025 · recovered in 18 days
-4.1%
30 Jun 2025 – 18 Sept 2025
Trough 8 Aug 2025 · recovered in 41 days
-4.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
2
Vs category
15
Consistency
28
Risk-adjusted
5
Drawdown
57
Mean
21
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
No supporting reads in the current evidence set.
Portfolio
30 Sept 2026 · 59 holdings · top 10 are 45.5%.
- Top 5
- 31.0%
- Top 10
- 45.5%
- Largest holding
- 9.3%
- Effective holdings
- 30.7
ICICI Bank Ltd
Financial
9.3%
HDFC Bank Ltd
Financial
6.1%
Nestle India Ltd
Consumer Staples
5.8%
Bharti Airtel Ltd
Technology
5.7%
Mahindra & Mahindra Ltd
Consumer Discretionary
4.1%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
17 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
15 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Nippon India MNC Fund
Nippon India Mutual Fund
- 1Y
- -8.6%
- 3Y
- n/a
- Vol
- 12.7%
- Max DD
- -15.0%
- Sharpe
- -0.39
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
HSBC Financial Services fund
HSBC Mutual Fund
- 1Y
- -0.9%
- 3Y
- n/a
- Vol
- 17.0%
- Max DD
- -14.8%
- Sharpe
- 0.36
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
WhiteOak Capital Special Opportunities Fund
WhiteOak Capital Mutual Fund
- 1Y
- +7.2%
- 3Y
- n/a
- Vol
- 14.7%
- Max DD
- -17.0%
- Sharpe
- 0.67
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
BANDHAN INNOVATION FUND
Bandhan Mutual Fund
- 1Y
- +10.7%
- 3Y
- n/a
- Vol
- 17.0%
- Max DD
- -19.7%
- Sharpe
- 0.76
- 3Y win
- n/a
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
HSBC Consumption Fund
HSBC Mutual Fund
- 1Y
- -3.7%
- 3Y
- +14.3%
- Vol
- 15.0%
- Max DD
- -21.2%
- Sharpe
- 0.55
- 3Y win
- +59%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown