WhiteOak Capital Mid Cap Fund - Direct Plan - Growth Option
The primary objective of the Scheme is to seek to generate capital appreciation by actively investing in and managing a diversified portfolio primarily composed of mid-cap stocks. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.Read more
AMC websiteScheme documentsNAV history (AMFI)हिंदी में
- Current NAV₹22.4300
- Fund Size (AUM)₹ 7,540 Cr.
- Expense Ratio0.97 %
- 1Y Return+7.16%
- 3Y Return (CAGR)+19.85%
- 5Y Return (CAGR)—
- Category Rank (3Y)—
- RiskometerVery High Risk
- Min. SIP / Lump sum₹ 100 / ₹ 500
More figures (11)
- Since Launch (CAGR)+21.52%
- BenchmarkNifty Midcap 150
- Volatility (3Y)16.06 %
- Sharpe Ratio (3Y)0.83
- Beta (3Y)0.90
- 52-week High / Low₹23.9340 / ₹18.5820
- Max Drawdown-19.3 %
- Launched7 Sep 2022
- Lock-inNone
- Portfolio Turnover240 %
- Fund ManagersPiyush Baranwal, Ramesh Mantri, Trupti Agrawal +2
Performance chart
Benchmark: Nifty Midcap 150 price index (excludes dividends, so it slightly understates the index's total return). Past performance may or may not be sustained in future.
Quick take
- Over 3 years it returned 19.9% a year, against Nifty Midcap 150 12.7%.
- Volatility over 3 years was 16.1% a year (Nifty Midcap 150: 17.3%), with a Sharpe ratio of 0.83.
- Its biggest fall from a peak was 19.3% (16 Dec 2024 to 7 Apr 2025).
- It did better than the Nifty Midcap 150 in 3 of the last 3 calendar years.
- Across all 3-year periods since launch, yearly returns ranged from 20.1% to 28.6% and were positive 100% of the time.
- Expense ratio 0.97%, fund size ₹7,540 crore.
Pros
AI- Ahead of the Nifty Midcap 150 by 7.1 points a year over 3 years (19.9% against 12.7%).
- Every 3-year period since launch gave a positive return (lowest 20.1% a year).
- Fell less than the benchmark in falling months: down-market capture of 84% over 3 years.
- Fell less than the Nifty Midcap 150 in all 3 of its big falls since launch.
- Beat the Nifty Midcap 150 in 100% of rolling 3-year periods.
Cons
AINo standout weaknesses in its record so far.
Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +0.14% | -2.15% | -2.82% | +7.22% | +6.10% | +7.16% | +6.33% | +19.85% | — | — | — | +21.52% |
| Nifty Midcap 150 | +0.62% | -2.83% | -5.74% | -0.20% | -2.42% | -0.75% | -0.79% | +12.74% | +12.42% | +20.79% | — | +17.42% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Mid Cap Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| This fund | +6.10% | +6.68% | +35.48% | +43.99% |
| Nifty Midcap 150 | -2.42% | +5.37% | +23.80% | +43.68% |
| Difference | +8.52% | +1.31% | +11.68% | +0.31% |
January to December each year; the current year is to date.
Month-by-month returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.5 | 1.1 | -8.9 | 12.4 | 3.8 | 2.5 | 2.8 | 3.5 | -6.1 | -0.2 | |||
| 2025 | -9.0 | -8.7 | 6.7 | 3.0 | 6.6 | 5.4 | -1.7 | -0.9 | 0.9 | 5.4 | 2.3 | -2.0 | 6.7 |
| 2024 | 4.1 | 1.6 | -1.3 | 5.5 | 0.4 | 9.5 | 5.9 | 2.1 | 2.8 | -3.4 | 1.9 | 2.3 | 35.5 |
| 2023 | -2.4 | -1.6 | -0.6 | 4.9 | 7.6 | 5.7 | 6.3 | 3.1 | 1.8 | -2.0 | 10.6 | 4.7 | 44.0 |
| 2022 | 2.9 | 0.9 | -2.0 |
Change in NAV from the last business day of one month to the last business day of the next. Positive in 33 of 49 months shown (67%). "Year" is shown for complete calendar years.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 16.06% | 14.79% |
| Nifty Midcap 150 volatility ? | 17.29% | 16.06% |
| Sharpe ratio ? | 0.83 | — |
| Sortino ratio ? | 1.13 | — |
| Beta ? | 0.90 | 0.89 |
| Alpha (yearly) ? | 7.74% | — |
| R-squared ? | 0.94 | 0.93 |
| Up-market capture ? | 108.90% | 106.50% |
| Down-market capture ? | 83.90% | 84.20% |
| Maximum drawdown | -19.33% | -19.33% |
Rolling 3-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
How it handled market falls
When the Nifty Midcap 150 fell more than 10%
| Fall (peak to bottom) | Nifty Midcap 150 | This fund | Difference | Fund, 1 year after bottom | Index, 1 year after bottom |
|---|---|---|---|---|---|
| 7 Jan 2026 → 30 Mar 2026 | -14.0% | -12.4% | +1.6 | — | — |
| 24 Sep 2024 → 28 Feb 2025 | -21.1% | -16.6% | +4.5 | 25.2% | 23.1% |
| 14 Dec 2022 → 28 Mar 2023 | -10.4% | -10.0% | +0.4 | 61.1% | 59.8% |
Every fall of more than 10% in the benchmark since the fund was launched, measured between the index's peak and bottom dates. "Difference" in percentage points: positive means the fund fell less.
Biggest falls in this fund's NAV
| Peak | Bottom | Fall | Back to the peak on | Time to recover |
|---|---|---|---|---|
| 16 Dec 2024 | 7 Apr 2025 | -19.3% | 30 Jun 2025 | 3 months |
| 20 Nov 2025 | 23 Mar 2026 | -14.0% | 6 May 2026 | 44 days |
| 5 Dec 2022 | 28 Mar 2023 | -10.5% | 22 May 2023 | 55 days |
| 23 Feb 2024 | 13 Mar 2024 | -7.6% | 10 Apr 2024 | 28 days |
| 31 Aug 2026 | 8 Oct 2026 | -7.5% | Not yet | — |
| 15 Oct 2024 | 13 Nov 2024 | -7.0% | 4 Dec 2024 | 21 days |
Falls of 5% or more from a previous high, deepest first. Time to recover runs from the bottom to the day the NAV regained its old high.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR | Nifty Midcap 150 XIRR |
|---|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,25,550 | ₹5,550 | +8.65% | -3.25% |
| 3Y | ₹3,60,000 | ₹4,38,413 | ₹78,413 | +13.22% | +4.79% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
What your investment would be worth
Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.
Compare with all Mid Cap Funds (33)
| S.No. | Scheme (Direct plans, Growth) | NAV ₹ | 1M % | 6M % | 1Y % | 3Y % CAGR | 5Y % CAGR | Expense ratio % | Fund size ₹ Cr | Riskometer |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Aditya Birla Sun Life Midcap FundAditya Birla Sun Life Mutual Fund | ₹907.7300 | — | — | — | — | — | 1.24 | 6,550 | Very High Risk |
| 2. | Axis Midcap FundAxis Mutual Fund | ₹137.4100 | — | — | — | — | — | 0.82 | 33,528 | Very High Risk |
| 3. | BANDHAN MID CAP FUNDBandhan Mutual Fund | ₹19.5480 | — | — | — | — | — | 0.75 | 2,519 | Very High Risk |
| 4. | BANK OF INDIA MID CAP FUNDBank of India Mutual Fund | ₹10.2400 | — | — | — | — | — | — | — | — |
| 5. | Baroda BNP Paribas Mid Cap FundBaroda BNP Paribas Mutual Fund | ₹127.1906 | — | — | — | — | — | 0.56 | 2,503 | Very High Risk |
| 6. | Canara Robeco Mid Cap FundCanara Robeco Mutual Fund | ₹18.5700 | — | — | — | — | — | 0.91 | 4,993 | Very High Risk |
| 7. | DSP Midcap FundDSP Mutual Fund | ₹163.7380 | — | — | — | — | — | 0.81 | 19,488 | Very High Risk |
| 8. | Edelweiss Mid Cap FundEdelweiss Mutual Fund | ₹122.1690 | — | — | — | — | — | 0.72 | 19,250 | Very High Risk |
| 9. | Franklin India Mid Cap FundFranklin Templeton Mutual Fund | ₹3,019.50 | — | — | — | — | — | 1.12 | 12,156 | Very High Risk |
| 10. | HDFC Mid Cap FundHDFC Mutual Fund | ₹221.0580 | — | — | — | — | — | 0.74 | 1,01,856 | Very High Risk |
| 11. | Helios Mid Cap FundHelios Mutual Fund | ₹13.5300 | — | — | — | — | — | — | — | — |
| 12. | HSBC Midcap FundHSBC Mutual Fund | ₹511.2363 | — | — | — | — | — | 1.15 | 16,800 | Very High Risk |
| 13. | ICICI Prudential Mid Cap FundICICI Prudential Mutual Fund | ₹362.5000 | — | — | — | — | — | 1.11 | 7,961 | Very High Risk |
| 14. | Invesco India Mid Cap FundInvesco Mutual Fund | ₹227.0600 | — | — | — | — | — | 0.76 | 15,749 | Very High Risk |
| 15. | ITI Mid Cap FundITI Mutual Fund | ₹24.3205 | — | — | — | — | — | 0.94 | 1,453 | Very High Risk |
| 16. | JM Mid Cap FundJM Financial Mutual Fund | ₹21.4856 | — | — | — | — | — | 0.97 | 1,303 | High Risk |
| 17. | Kotak Mid Cap FundKotak Mahindra Mutual Fund | ₹159.2500 | — | — | — | — | — | 0.51 | 66,613 | Very High Risk |
| 18. | LIC MF Mid Cap FundLIC Mutual Fund | ₹33.0597 | — | — | — | — | — | 1.77 | 369 | Very High Risk |
| 19. | Mahindra Manulife Mid Cap FundMahindra Manulife Mutual Fund | ₹38.8590 | — | — | — | — | — | 0.75 | 5,058 | Very High Risk |
| 20. | Mirae Asset Midcap FundMirae Asset Mutual Fund | ₹41.4560 | — | — | — | — | — | 0.95 | 19,539 | Very High Risk |
| 21. | Nippon India Growth Mid Cap FundNippon India Mutual Fund | ₹4,736.44 | — | — | — | — | — | 0.78 | 50,176 | Very High Risk |
| 22. | PGIM India Midcap FundPGIM India Mutual Fund | ₹74.1400 | — | — | — | — | — | 0.76 | 10,537 | Very High Risk |
| 23. | Quant Mid Cap Fundquant Mutual Fund | ₹241.9197 | — | — | — | — | — | 1.18 | 7,654 | Very High Risk |
| 24. | Samco Mid Cap FundSamco Mutual Fund | ₹9.6100 | — | — | — | — | — | — | — | — |
| 25. | SBI MIDCAP FUNDSBI Mutual Fund | ₹260.2244 | — | — | — | — | — | 1.03 | 23,282 | Very High Risk |
| 26. | Sundaram Mid Cap FundSundaram Mutual Fund | ₹1,548.74 | — | — | — | — | — | 1.05 | 13,854 | Very High Risk |
| 27. | Tata Mid Cap FundTata Mutual Fund | ₹501.0911 | — | — | — | — | — | 0.87 | 5,860 | Very High Risk |
| 28. | Taurus Mid Cap FundTaurus Mutual Fund | ₹134.9200 | — | — | — | — | — | — | — | — |
| 29. | The Wealth Company Mid Cap FundThe Wealth Company Mutual Fund | ₹9.3780 | — | — | — | — | — | — | — | — |
| 30. | TRUSTMF MID CAP FUNDTrust Mutual Fund | ₹11.7300 | — | — | — | — | — | — | — | — |
| 31. | Union Midcap FundUnion Mutual Fund | ₹54.4900 | — | — | — | — | — | 1.13 | 1,906 | Very High Risk |
| 32. | UTI - Mid Cap FundUTI Mutual Fund | ₹337.7742 | — | — | — | — | — | 1.15 | 11,920 | Very High Risk |
| 33. | WhiteOak Capital Mid Cap FundWhiteOak Capital Mutual Fund | ₹22.4300 | — | — | — | — | — | 0.97 | 7,540 | Very High Risk |
| Median: 33 schemes | — | — | — | — | — | — | 0.94 | 10,537 | — |
Detailed comparison with another fund About Mid Cap Funds
Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.
Scheme details
- Investment objective
- The primary objective of the Scheme is to seek to generate capital appreciation by actively investing in and managing a diversified portfolio primarily composed of mid-cap stocks. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
- Fund managers
- Piyush Baranwal, Ramesh Mantri, Trupti Agrawal, Dheeresh Pathak, Ashish Agrawal
- Fund house
- WhiteOak Capital Mutual Fund
- Category
- Mid Cap Funds · Equity
- Benchmark used here
- Nifty Midcap 150 (price index)
- Plan / option
- Direct · Growth
- AMFI scheme code
- 150584
- ISIN
- INF03VN01597
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Mid Cap Funds
Mid Cap Funds invest at least 65% in mid-cap companies (the 101st to 250th largest listed companies). Mid caps can grow faster than large caps but are more volatile.
Generally used by investors with a long horizon (7+ years) who are comfortable with bigger swings.
Other plans of this scheme
Tax on your gains
Likely tax treatment: Equity-oriented fund
- Held 12 months or less: short-term gain taxed at 20%.
- Held over 12 months: long-term gain taxed at 12.5% on gains above ₹1.25 lakh a year (the ₹1.25 lakh exemption covers all your equity funds and shares together).
- Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
- Switching from one scheme or plan to another counts as selling and buying.
- Surcharge and 4% health and education cess apply on top of these rates.
| Fund type | Short-term | Long-term |
|---|---|---|
| Equity-oriented | 20% (up to 12 months) | 12.5% above ₹1.25 lakh |
| Debt-oriented (bought from Apr 2023) | Slab rate | Slab rate |
| Gold, international, other hybrid | Slab rate | 12.5% (after 12 or 24 months) |
Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.
Fund managers
From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.
Latest news: WhiteOak Capital Mutual Fund
- WhiteOak Capital AMC CEO explains why investors should not stop SIPs amid market lullCNBC TV18 · 6 Oct
- NFO Alert: WhiteOak Capital Mutual Fund launches diversified equity small cap FOF, its first FoFThe Economic Times · 24 Sep
- WhiteOak Capital MF launches its first fund of funds focused on small-cap equitiesCNBC TV18 · 24 Sep
Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.
Questions about this scheme
What is the NAV of WhiteOak Capital Mid Cap Fund today?
What returns has WhiteOak Capital Mid Cap Fund given?
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What is the difference between Direct and Regular plans?
What are Mid Cap Funds?
How are gains from WhiteOak Capital Mid Cap Fund taxed?
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