Groww Multi Asset Allocation Fund vs WhiteOak Capital Multi Asset Allocation Fund
Direct Plan, Growth option · Data as on 30-10-2026
Groww Multi Asset Allocation Fund and WhiteOak Capital Multi Asset Allocation Fund are both Multi Asset funds. In the year to 30-10-2026, Groww Multi Asset Allocation Fund (Direct) returned −0.8% and WhiteOak Capital Multi Asset Allocation Fund (Direct) returned 6.0%. Groww Multi Asset Allocation Fund charges 1.01% a year and WhiteOak Capital Multi Asset Allocation Fund 0.65% (Direct plans). Their portfolios overlap 16.8%: they hold 33 of the same securities.
Groww Multi Asset Allocation Fund
Multi Asset
- 1 year return
- −0.8%
- Expense ratio
- 1.01%
- NAV
- ₹10.01
WhiteOak Capital Multi Asset Allocation Fund
Multi Asset
- 1 year return
- 6.0%
- Expense ratio
- 0.65%
- NAV
- ₹16.30
Which is better, Groww Multi Asset Allocation or WhiteOak Capital Multi Asset Allocation? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- WhiteOak Capital Multi Asset Allocation returned more over 1 year: 6.0% against −0.8%.
- WhiteOak Capital Multi Asset Allocation costs less: 0.65% a year against 1.01% (Direct plans).
- WhiteOak Capital Multi Asset Allocation fell less in its worst fall since 03-10-2025: −6.1% against −12.4%.
- Groww Multi Asset Allocation holds more in large companies: 43.0% of the fund in large caps against 19.9%.
- WhiteOak Capital Multi Asset Allocation is the larger fund: ₹9,111 Cr against ₹373 Cr.
- Their portfolios overlap 16.8%: 33 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 | Groww Multi Asset Allocation Fund | WhiteOak Capital Multi Asset Allocation Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | WhiteOak Capital Mutual Fund |
| Category | Multi Asset | Multi Asset |
| AUM | ₹373 Cr (30-09-2026) | ₹9,111 Cr (30-09-2026) |
| NAV | ₹10.01 (Direct) | ₹16.30 (Direct) |
| Expense ratio (Direct) | 1.01% | 0.65% |
| Expense ratio (Regular) | 2.66% | 1.67% |
| Riskometer | Very High | High |
| Benchmark | 60% Nifty 500 TRI + 30% CRISIL Composite Bond Fund Index + 5% Domestic Gold Prices + 5% Domestic Silver Prices | 30% BSE 500 TRI + 50% CRISIL Short Term Bond Index + 16% Domestic prices of Gold + 1% Domestic prices of Silver + 3% iCO |
| Launch date | 30-09-2025 | 19-05-2023 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Paras Matalia, Kaustubh Sule, Nikhil Satam, Wilfred Gonsalves | Ramesh Mantri, Piyush Baranwal, Dheeresh Pathak, Ashish Agrawal, Trupti Agrawal |
| Exit load | Exit load of 1%, if redeemed within 30 days. | Nil |
Groww Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation: 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 |
|---|---|---|---|---|---|---|---|
| Groww Multi Asset Allocation Fund (Direct) | −0.33% | −2.86% | −1.62% | −0.80% | -- | -- | -- |
| WhiteOak Capital Multi Asset Allocation Fund (Direct) | −1.16% | −1.15% | +1.63% | +6.03% | +16.11% | -- | -- |
| Multi Asset average | −1.71% | −3.33% | −1.78% | +2.00% | +14.20% | -- | -- |
Category average: the average of the 37 Multi Asset funds, same plan type.
Groww Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation: Year-wise Returns
| Year | GrowwGroww Multi Asset Allocation | WhiteOak CapitalWhiteOak Capital Multi Asset Allocation |
|---|---|---|
| 2026to date | −3.73% | +4.15% |
| 2025 | -- | +18.39% |
| 2024 | -- | +18.99% |
Groww Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation: Rolling Returns
Every holding period of both funds
Groww Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation: 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 03-10-2025 to 30-10-2026: 13 instalments, ₹1,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Groww Multi Asset AllocationGroww Multi Asset Allocation Fund (Direct) | ₹1,30,000 | ₹1,27,503 | −₹2,497 | −3.3% |
| WhiteOak Capital Multi Asset AllocationWhiteOak Capital Multi Asset Allocation Fund (Direct) | ₹1,30,000 | ₹1,32,926 | ₹2,926 | 3.9% |
Groww Multi Asset AllocationGroww Multi Asset Allocation Fund (Direct)
WhiteOak Capital Multi Asset AllocationWhiteOak Capital Multi Asset Allocation 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.
Groww Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Multi Asset Allocation Fund (Direct) | WhiteOak Capital Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.80% | +6.03% |
| Standard deviation | 12.23% | 6.99% |
| Sharpe ratio | -0.49 | 0.11 |
| Sortino ratio | -0.65 | 0.16 |
| Maximum drawdown | −12.4% (23-03-2026) | −6.1% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Groww Multi Asset Allocation Fund (Direct) | WhiteOak Capital Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.08% | +15.15% |
| Standard deviation | 11.85% | 5.49% |
| Sharpe ratio | -0.45 | 1.64 |
| Sortino ratio | -0.60 | 2.34 |
| Maximum drawdown | −12.4% (23-03-2026) | −6.1% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-10-2025 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.
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.
Groww Multi Asset Allocation Fund (Direct)
WhiteOak Capital Multi Asset Allocation Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Multi Asset Allocation Fund (Direct) | −12.4% | 29-01-2026 | 23-03-2026 | Not yet | -- | −7.8% |
| WhiteOak Capital Multi Asset Allocation Fund (Direct) | −6.1% | 02-03-2026 | 23-03-2026 | 16-06-2026 | 3 months | −3.8% |
From daily values since 03-10-2025, 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.
Groww Multi Asset Allocation Fund (Direct)
WhiteOak Capital Multi Asset Allocation Fund (Direct)
Groww Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Multi Asset Allocation Fund, September 2026; WhiteOak Capital Multi Asset Allocation Fund, September 2026
Holdings in common
- Overlap
- 16.8%
- Held by both
- 33
- Only in Groww Multi Asset Allocation
- 47
- Only in WhiteOak Capital Multi Asset Allocation
- 167
| Security | % of Groww Multi Asset Allocation | % of WhiteOak Capital Multi Asset Allocation |
|---|---|---|
| ICICI Bank Limited | 3.81% | 2.89% |
| Bharti Airtel Limited | 1.99% | 1.41% |
| HDFC Bank Limited | 3.95% | 1.30% |
| Eternal Limited | 0.91% | 0.85% |
| State Bank of India | 1.61% | 0.83% |
| Reliance Industries Limited | 2.91% | 0.80% |
| Mahindra & Mahindra Limited | 2.86% | 0.79% |
| Adani Enterprises Limited | 1.31% | 0.78% |
| Kotak Mahindra Bank Limited | 1.62% | 0.69% |
| Titan Company Limited | 0.95% | 0.54% |
| UltraTech Cement Limited | 0.65% | 0.52% |
| Coforge Limited | 0.50% | 0.80% |
| Maruti Suzuki India Limited | 0.50% | 0.49% |
| Axis Bank Limited | 1.32% | 0.48% |
| Infosys Limited | 1.05% | 0.34% |
| Knowledge Realty Trust | 0.33% | 2.18% |
| Bajaj Finance Limited | 1.96% | 0.31% |
| Hindalco Industries Limited | 0.89% | 0.29% |
| Tata Consultancy Services Limited | 0.52% | 0.29% |
| Larsen & Toubro Limited | 1.84% | 0.28% |
| 7.44% NABARD 17-JUL-2029 | 0.27% | 1.40% |
| PERSISTENT SYSTEMS LTD | 0.49% | 0.25% |
| Max Healthcare Institute Limited | 0.75% | 0.24% |
| Cipla Limited | 0.55% | 0.23% |
| Tata Steel Limited | 0.82% | 0.18% |
| Sun Pharmaceutical Industries Limited | 0.74% | 0.17% |
| Info Edge (India) Limited | 0.63% | 0.17% |
| NTPC Limited | 0.52% | 0.16% |
| Power Finance Corporation Limited | 0.52% | 0.14% |
| The Phoenix Mills Limited | 0.54% | 0.12% |
| Navin Fluorine International Limited | 0.82% | 0.08% |
| JSW Steel Limited | 0.89% | 0.05% |
| SBI Life Insurance Company Limited | 0.02% | 0.04% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 16.8% means 16.8% 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 Groww Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| GROWW Gold ETF | 13.64% |
| SIDBI 16-DEC-2026 | 3.97% |
| Kotak Mahindra Bank Limited 18-DEC-2026 | 3.18% |
| The Federal Bank Limited | 1.32% |
| Adani Port & Special Economic Zone Ltd | 1.31% |
Largest holdings only in WhiteOak Capital Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| Nexus Select Trust - REIT | 3.64% |
| Embassy Office Parks REIT | 2.88% |
| ICICI Prudential Gold ETF | 2.82% |
| Cube Highways Trust-InvIT Fund | 2.53% |
| 6.94% Government of India (11/05/2036) | 2.16% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Multi Asset Allocation | WhiteOak Capital Multi Asset Allocation |
|---|---|---|
| Equity | 66.2% | 28.2% |
| Debt | 9.9% | 31.0% |
| Cash and others | 23.9% | 40.8% |
Market cap of stocks
| Market cap | Groww Multi Asset Allocation | WhiteOak Capital Multi Asset Allocation |
|---|---|---|
| Large Cap | 43.0% | 19.9% |
| Mid Cap | 20.8% | 3.1% |
| Small Cap | 2.4% | 3.5% |
| Foreign stocks | 0.0% | 0.4% |
| Not on AMFI's list | 0.0% | 1.4% |
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 | Groww Multi Asset Allocation | WhiteOak Capital Multi Asset Allocation |
|---|---|---|
| Banks | 17.3% | 6.2% |
| Automobiles | 6.3% | 1.3% |
| Pharmaceuticals & Biotechnology | 4.7% | 1.9% |
| Petroleum Products | 2.9% | 0.8% |
| IT - Software | 2.6% | 2.0% |
| Finance | 2.5% | 1.7% |
| Telecom - Services | 2.2% | 1.4% |
| Food Products | 0.0% | 1.4% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Multi Asset Allocation Fund | WhiteOak Capital Multi Asset Allocation Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.01% | 0.65% |
| Base expense ratio (Direct) | 0.55% | 0.38% |
| Total expense ratio (Regular) | 2.66% | 1.67% |
| Base expense ratio (Regular) | 2.02% | 1.25% |
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 Groww Multi Asset Allocation with
Compare WhiteOak Capital Multi Asset Allocation with
Groww Multi Asset Allocation Fund vs WhiteOak Capital Multi Asset Allocation Fund: Frequently Asked Questions
What is the difference between Groww Multi Asset Allocation Fund and WhiteOak Capital Multi Asset Allocation Fund?
Both are Multi Asset funds, run by Groww Mutual Fund and WhiteOak Capital Mutual Fund. Their portfolios overlap 16.8%. Groww Multi Asset Allocation Fund charges 1.01% a year and WhiteOak Capital Multi Asset Allocation Fund 0.65%.
Which has given higher returns, Groww Multi Asset Allocation Fund or WhiteOak Capital Multi Asset Allocation Fund?
Over 1 year: Groww Multi Asset Allocation Fund −0.80%, WhiteOak Capital Multi Asset Allocation Fund +6.03%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Groww Multi Asset Allocation Fund or WhiteOak Capital Multi Asset Allocation Fund?
WhiteOak Capital Multi Asset Allocation Fund charges less: 0.65% a year against 1.01%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Groww Multi Asset Allocation Fund and WhiteOak Capital Multi Asset Allocation Fund overlap?
16.8%. They hold 33 of the same securities, the largest shared ones being ICICIBANK, BHARTIARTL, HDFCBANK. From each fund's latest monthly portfolio.
Which is riskier, Groww Multi Asset Allocation Fund or WhiteOak Capital Multi Asset Allocation Fund?
On SEBI's riskometer, Groww Multi Asset Allocation Fund is rated Very High and WhiteOak Capital Multi Asset Allocation Fund High. Over 1 years, the standard deviation of daily returns was 12.23% and 6.99% a year.
Can I invest in both Groww Multi Asset Allocation Fund and WhiteOak Capital Multi Asset Allocation Fund?
Yes. 16.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Groww Multi Asset Allocation Fund and WhiteOak Capital Multi Asset Allocation Fund?
Groww Multi Asset Allocation Fund: Paras Matalia, Kaustubh Sule, Nikhil Satam, Wilfred Gonsalves. WhiteOak Capital Multi Asset Allocation Fund: Ramesh Mantri, Piyush Baranwal, Dheeresh Pathak, Ashish Agrawal, Trupti 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.