Bajaj Finserv Multi Cap Fund vs WhiteOak Capital Multi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bajaj Finserv Multi Cap Fund and WhiteOak Capital Multi Cap Fund are both Multi Cap funds. In the year to 30-10-2026, Bajaj Finserv Multi Cap Fund (Direct) returned 1.7% and WhiteOak Capital Multi Cap Fund (Direct) returned −0.5%. Bajaj Finserv Multi Cap Fund charges 1.11% a year and WhiteOak Capital Multi Cap Fund 0.89% (Direct plans). Their portfolios overlap 17.1%: they hold 22 of the same securities.
Bajaj Finserv Multi Cap Fund
Multi Cap
- 1 year return
- 1.7%
- Expense ratio
- 1.11%
- NAV
- ₹11.73
WhiteOak Capital Multi Cap Fund
Multi Cap
- 1 year return
- −0.5%
- Expense ratio
- 0.89%
- NAV
- ₹16.08
Which is better, Bajaj Finserv Multi Cap or WhiteOak Capital Multi Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bajaj Finserv Multi Cap returned more over 1 year: 1.7% against −0.5%.
- WhiteOak Capital Multi Cap costs less: 0.89% a year against 1.11% (Direct plans).
- Bajaj Finserv Multi Cap fell less in its worst fall since 03-03-2025: −14.2% against −15.0%.
- WhiteOak Capital Multi Cap is the larger fund: ₹4,308 Cr against ₹1,641 Cr.
- Their portfolios overlap 17.1%: 22 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Bajaj Finserv Multi Cap Fund | WhiteOak Capital Multi Cap Fund |
|---|---|---|
| Fund house | Bajaj Finserv Mutual Fund | WhiteOak Capital Mutual Fund |
| Category | Multi Cap | Multi Cap |
| AUM | ₹1,641 Cr (30-09-2026) | ₹4,308 Cr (30-09-2026) |
| NAV | ₹11.73 (Direct) | ₹16.08 (Direct) |
| Expense ratio (Direct) | 1.11% | 0.89% |
| Expense ratio (Regular) | 2.56% | 2.21% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 500 Multicap 50:25:25 Total Return Index | NIFTY 500 Multicap 50:25:25 Total Return Index |
| Launch date | 27-02-2025 | 22-09-2023 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Nimesh Chandan, Sorbh Gupta, Siddharth Chaudhary | Ramesh Mantri, Piyush Baranwal, Trupti Agrawal, Dheeresh Pathak, Ashish Agrawal |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 6 months. | Nil |
Bajaj Finserv Multi Cap vs WhiteOak Capital Multi Cap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Bajaj Finserv Multi Cap Fund (Direct) | −3.66% | −4.40% | +2.27% | +1.67% | -- | -- | -- |
| WhiteOak Capital Multi Cap Fund (Direct) | −1.42% | −4.28% | +3.31% | −0.45% | +17.52% | -- | -- |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | +13.54% | -- | -- |
Category average: the average of the 33 Multi Cap funds, same plan type.
Bajaj Finserv Multi Cap vs WhiteOak Capital Multi Cap: Year-wise Returns
| Year | Bajaj FinservBajaj Finserv Multi Cap | WhiteOak CapitalWhiteOak Capital Multi Cap | Nifty500 Multicap 50:25:25 TRI |
|---|---|---|---|
| 2026to date | +0.75% | +0.42% | −5.56% |
| 2025 | -- | +7.19% | +5.29% |
| 2024 | -- | +30.77% | +19.34% |
Bajaj Finserv Multi Cap vs WhiteOak Capital Multi Cap: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 162 of them, one for each trading day from 04-03-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Bajaj Finserv Multi Cap Fund (Direct)
WhiteOak Capital Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
to
Mar 2026May 2025
to
May 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bajaj Finserv Multi Cap | 2.5 | 14.8 | 55.6 | 24.1 | 3.1 | 0.0 | 0.0 | 7.8% | 7.6% | −1.8% | 15.9% | 90% |
| WhiteOak Capital Multi Cap | 3.1 | 16.7 | 48.1 | 30.2 | 1.9 | 0.0 | 0.0 | 7.9% | 7.7% | −2.1% | 16.7% | 100% |
| Nifty500 Multicap 50:25:25 TRI | 23.5 | 44.4 | 27.8 | 4.3 | 0.0 | 0.0 | 0.0 | 2.9% | 2.5% | −7.6% | 13.7% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty500 Multicap 50:25:25 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 03-03-2025. Past returns do not promise future returns.
Bajaj Finserv Multi Cap vs WhiteOak Capital Multi Cap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-03-2025 to 30-10-2026: 20 instalments, ₹2,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bajaj Finserv Multi CapBajaj Finserv Multi Cap Fund (Direct) | ₹2,00,000 | ₹2,07,013 | ₹7,013 | 4.0% |
| WhiteOak Capital Multi CapWhiteOak Capital Multi Cap Fund (Direct) | ₹2,00,000 | ₹2,09,245 | ₹9,245 | 5.3% |
Bajaj Finserv Multi CapBajaj Finserv Multi Cap Fund (Direct)
WhiteOak Capital Multi CapWhiteOak Capital Multi Cap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Bajaj Finserv Multi Cap vs WhiteOak Capital Multi Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bajaj Finserv Multi Cap Fund (Direct) | WhiteOak Capital Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +1.67% | −0.45% |
| Standard deviation | 15.23% | 13.86% |
| Sharpe ratio | -0.23 | -0.41 |
| Sortino ratio | -0.32 | -0.56 |
| Maximum drawdown | −14.2% (23-03-2026) | −15.0% (23-03-2026) |
| Beta | 0.98 | 0.91 |
| Alpha | +7.50% | +4.59% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Bajaj Finserv Multi Cap Fund (Direct) | WhiteOak Capital Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.99% | +16.50% |
| Standard deviation | 13.82% | 14.33% |
| Sharpe ratio | 0.33 | 0.73 |
| Sortino ratio | 0.46 | 0.99 |
| Maximum drawdown | −14.2% (23-03-2026) | −16.9% (28-02-2025) |
| Beta | 0.90 | 0.93 |
| Alpha | +1.52% | +6.65% |
From daily NAVs, 03-03-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Bajaj Finserv Multi Cap Fund (Direct)
WhiteOak Capital Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bajaj Finserv Multi Cap Fund (Direct) | −14.2% | 05-01-2026 | 23-03-2026 | 07-05-2026 | 45 days | −7.6% |
| WhiteOak Capital Multi Cap Fund (Direct) | −15.0% | 17-11-2025 | 23-03-2026 | 22-06-2026 | 3 months | −6.8% |
| Nifty500 Multicap 50:25:25 TRI | −14.6% | 02-01-2026 | 30-03-2026 | 06-07-2026 | 3 months | −8.0% |
From daily values since 03-03-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bajaj Finserv Multi Cap Fund (Direct)
WhiteOak Capital Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Against Nifty500 Multicap 50:25:25 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Bajaj Finserv Multi Cap Fund (Direct) | 112% | 95% | 3.69% |
| WhiteOak Capital Multi Cap Fund (Direct) | 115% | 87% | 3.28% |
From month-end values since 03-03-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Bajaj Finserv Multi Cap vs WhiteOak Capital Multi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Bajaj Finserv Multi Cap Fund, September 2026; WhiteOak Capital Multi Cap Fund, September 2026
Holdings in common
- Overlap
- 17.1%
- Held by both
- 22
- Only in Bajaj Finserv Multi Cap
- 48
- Only in WhiteOak Capital Multi Cap
- 186
| Security | % of Bajaj Finserv Multi Cap | % of WhiteOak Capital Multi Cap |
|---|---|---|
| Bharti Airtel Limited | 4.54% | 2.69% |
| HDFC Bank Limited | 9.73% | 2.10% |
| ICICI Bank Limited | 1.99% | 5.07% |
| Eternal Limited | 1.48% | 1.69% |
| Reliance Industries Limited | 4.15% | 1.19% |
| The Federal Bank Limited | 2.53% | 1.19% |
| Max Financial Services Limited | 2.03% | 1.16% |
| Axis Bank Limited | 2.28% | 0.65% |
| National Aluminium Company Limited | 1.01% | 0.62% |
| Neuland Laboratories Limited | 1.31% | 0.58% |
| Tenneco Clean Air India Limited | 0.48% | 0.52% |
| Cartrade Tech Limited | 0.69% | 0.47% |
| Asian Paints Limited | 1.41% | 0.36% |
| Page Industries Limited | 0.83% | 0.36% |
| Five Star Business Finance Limited | 0.36% | 0.71% |
| Larsen & Toubro Limited | 2.03% | 0.35% |
| Meesho Ltd | 0.46% | 0.30% |
| Redington Limited | 1.27% | 0.23% |
| Vedanta Aluminium Metal Limited | 2.14% | 0.20% |
| Tata Steel Limited | 1.66% | 0.20% |
| Ujjivan Small Finance Bank Limited | 0.90% | 0.14% |
| Sona BLW Precision Forgings Limited | 1.79% | 0.04% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 17.1% means 17.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Bajaj Finserv Multi Cap Fund
| Security | % of fund |
|---|---|
| Schaeffler India Limited | 3.09% |
| GlaxoSmithKline Pharmaceuticals Limited | 2.65% |
| DLF Limited | 2.46% |
| Zydus Wellness Limited | 2.42% |
| Aurobindo Pharma Limited | 2.40% |
Largest holdings only in WhiteOak Capital Multi Cap Fund
| Security | % of fund |
|---|---|
| Nestle India Limited | 2.51% |
| Nexus Select Trust - REIT | 1.67% |
| State Bank of India | 1.63% |
| Mahindra & Mahindra Limited | 1.49% |
| Bharti Hexacom Limited | 1.17% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bajaj Finserv Multi Cap | WhiteOak Capital Multi Cap |
|---|---|---|
| Equity | 97.6% | 88.1% |
| Debt | 0.0% | 3.7% |
| Cash and others | 2.4% | 8.3% |
Market cap of stocks
| Market cap | Bajaj Finserv Multi Cap | WhiteOak Capital Multi Cap |
|---|---|---|
| Large Cap | 39.8% | 31.6% |
| Mid Cap | 25.3% | 24.0% |
| Small Cap | 28.0% | 29.6% |
| Not on AMFI's list | 4.5% | 2.9% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Bajaj Finserv Multi Cap | WhiteOak Capital Multi Cap |
|---|---|---|
| Banks | 19.4% | 14.3% |
| Pharmaceuticals & Biotechnology | 6.4% | 7.7% |
| Auto Components | 7.4% | 2.1% |
| Finance | 1.2% | 7.3% |
| Telecom - Services | 5.2% | 3.9% |
| Retailing | 2.6% | 5.1% |
| Construction | 4.6% | 0.3% |
| Textiles & Apparels | 4.4% | 0.4% |
| Healthcare Services | 0.0% | 3.9% |
The six largest sectors of each fund's stocks, % of the fund.
Bajaj Finserv Multi Cap vs WhiteOak Capital Multi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bajaj Finserv Multi Cap Fund | WhiteOak Capital Multi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.11% | 0.89% |
| Base expense ratio (Direct) | 0.57% | 0.50% |
| Total expense ratio (Regular) | 2.56% | 2.21% |
| Base expense ratio (Regular) | 1.80% | 1.62% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Bajaj Finserv Multi Cap with
Bajaj Finserv Multi Cap Fund vs WhiteOak Capital Multi Cap Fund: Frequently Asked Questions
What is the difference between Bajaj Finserv Multi Cap Fund and WhiteOak Capital Multi Cap Fund?
Both are Multi Cap funds, run by Bajaj Finserv Mutual Fund and WhiteOak Capital Mutual Fund. Their portfolios overlap 17.1%. Bajaj Finserv Multi Cap Fund charges 1.11% a year and WhiteOak Capital Multi Cap Fund 0.89%.
Which has given higher returns, Bajaj Finserv Multi Cap Fund or WhiteOak Capital Multi Cap Fund?
Over 1 year: Bajaj Finserv Multi Cap Fund +1.67%, WhiteOak Capital Multi Cap Fund −0.45%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bajaj Finserv Multi Cap Fund or WhiteOak Capital Multi Cap Fund?
WhiteOak Capital Multi Cap Fund charges less: 0.89% a year against 1.11%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bajaj Finserv Multi Cap Fund and WhiteOak Capital Multi Cap Fund overlap?
17.1%. They hold 22 of the same securities, the largest shared ones being BHARTIARTL, HDFCBANK, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Bajaj Finserv Multi Cap Fund or WhiteOak Capital Multi Cap Fund?
On SEBI's riskometer, Bajaj Finserv Multi Cap Fund is rated Very High and WhiteOak Capital Multi Cap Fund Very High. Over 1 years, the standard deviation of daily returns was 15.23% and 13.86% a year.
Can I invest in both Bajaj Finserv Multi Cap Fund and WhiteOak Capital Multi Cap Fund?
Yes. 17.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Bajaj Finserv Multi Cap Fund and WhiteOak Capital Multi Cap Fund?
Bajaj Finserv Multi Cap Fund: Nimesh Chandan, Sorbh Gupta, Siddharth Chaudhary. WhiteOak Capital Multi Cap Fund: Ramesh Mantri, Piyush Baranwal, Trupti Agrawal, Dheeresh Pathak, Ashish Agrawal.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.