HealthyDirect · GrowthFit for a long SIP
WhiteOak Capital Flexi Cap Fund
WhiteOak Capital Mutual FundEquity Schemes - Flexi Cap Fund4.2 years
The scheme seeks to generate long-term capital appreciation by investing predominately in equity & equity related instruments across the spectrum of various market capitalization.
- NAV
- 18.321
- 29 Oct 2026
- 1Y
- -2.5%
- Trailing CAGR
- AUM
- ₹9,898.05 Cr
- 30 Sept 2026
- Volatility
- Medium
- 12.8% 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
4.2 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
0.84% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -15.6%. 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 / 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 ≈ 33.7% 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.
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-2.5%
- 3Y+14.3%
- 5Yn/a
- 10Yn/a
- SI+15.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+0.8%
- 3Y+6.2%
- 5Yn/a
- 10Yn/a
- Since inception
- +15.3%
- Calendar-day CAGR
- Excess 1Y
- +1.8%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 64
- Vs comparable share classes
- SIP 3Y XIRR
- +6.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +12.8%
- 305 daily-ending windows
- Median rolling 3Y
- +19.9%
- 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
- -15.6%
- Worst peak-to-trough
- Current
- -6.2%
- Below last peak
- Current spell
- 62 days
- Days below latest peak
- Time below peak
- +81%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 10 days
- 65 recovered episodes
- Longest recovery
- 118 days
- Trough to prior peak
16 Dec 2024 – 26 Jun 2025
Trough 28 Feb 2025 · recovered in 118 days
-15.6%
20 Nov 2025 – 6 Jul 2026
Trough 23 Mar 2026 · recovered in 105 days
-14.9%
1 Dec 2022 – 26 May 2023
Trough 28 Mar 2023 · recovered in 59 days
-10.5%
28 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-8.7%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
64
Vs category
62
Consistency
92
Risk-adjusted
62
Drawdown
61
Mean
68
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
30 Sept 2026 · 180 holdings · top 10 are 33.7%.
- Top 5
- 23.1%
- Top 10
- 33.7%
- Largest holding
- 8.0%
- Effective holdings
- 53.7
ICICI Bank Ltd
Financial
8.0%
Bharti Airtel Ltd
Technology
4.4%
Others CBLO
Unspecified
3.7%
HDFC Bank Ltd
Financial
3.6%
Nestle India Ltd
Consumer Staples
3.5%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
360 ONE Flexicap Fund
360 ONE Mutual Fund
- 1Y
- +2.6%
- 3Y
- +17.0%
- Vol
- 14.9%
- Max DD
- -18.1%
- Sharpe
- 0.71
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
Invesco India Flexi Cap Fund
Invesco Mutual Fund
- 1Y
- -2.8%
- 3Y
- +16.8%
- Vol
- 14.4%
- Max DD
- -19.4%
- Sharpe
- 0.71
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
HSBC Flexi Cap Fund
HSBC Mutual Fund
- 1Y
- -0.9%
- 3Y
- +15.3%
- Vol
- 17.0%
- Max DD
- -39.8%
- Sharpe
- 0.56
- 3Y win
- +40%
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
ICICI Prudential Flexi Cap fund
ICICI Prudential Mutual Fund
- 1Y
- -0.5%
- 3Y
- +15.5%
- Vol
- 13.5%
- Max DD
- -19.7%
- Sharpe
- 0.69
- 3Y win
- +96%
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
JioBlackRock Flexi Cap Fund
Jio BlackRock Mutual Fund
- 1Y
- -8.3%
- 3Y
- n/a
- Vol
- 14.4%
- Max DD
- -14.3%
- Sharpe
- -0.82
- 3Y win
- n/a
- Shallower drawdown
Caveat: Higher volatility · Higher TER · Lower trailing returns