Groww Multicap Fund vs WhiteOak Capital Multi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Groww Multicap Fund and WhiteOak Capital Multi Cap Fund are both Multi Cap funds. In the year to 30-10-2026, Groww Multicap Fund (Direct) returned 10.3% and WhiteOak Capital Multi Cap Fund (Direct) returned −0.5%. Groww Multicap Fund charges 1.04% a year and WhiteOak Capital Multi Cap Fund 0.89% (Direct plans). Their portfolios overlap 17.4%: they hold 36 of the same securities.
WhiteOak Capital Multi Cap Fund
Multi Cap
- 1 year return
- −0.5%
- Expense ratio
- 0.89%
- NAV
- ₹16.08
Which is better, Groww Multicap 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.
- Groww Multicap returned more over 1 year: 10.3% against −0.5%.
- WhiteOak Capital Multi Cap costs less: 0.89% a year against 1.04% (Direct plans).
- WhiteOak Capital Multi Cap fell less in its worst fall since 18-12-2024: −15.8% against −16.5%.
- WhiteOak Capital Multi Cap is the larger fund: ₹4,308 Cr against ₹1,687 Cr.
- Their portfolios overlap 17.4%: 36 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 Multicap Fund | WhiteOak Capital Multi Cap Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | WhiteOak Capital Mutual Fund |
| Category | Multi Cap | Multi Cap |
| AUM | ₹1,687 Cr (30-09-2026) | ₹4,308 Cr (30-09-2026) |
| NAV | ₹11.94 (Direct) | ₹16.08 (Direct) |
| Expense ratio (Direct) | 1.04% | 0.89% |
| Expense ratio (Regular) | 2.69% | 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 | 16-12-2024 | 22-09-2023 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Anupam Tiwari, Saptarshee Chatterjee, Gagan Thareja, Nikhil Satam | Ramesh Mantri, Piyush Baranwal, Trupti Agrawal, Dheeresh Pathak, Ashish Agrawal |
| Exit load | 1% if redeemed/ switched out within 1 year from the date of allotment. b) NIL, if redeemed/ switched out after 1 year from the date of allotment | Nil |
Groww Multicap 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 |
|---|---|---|---|---|---|---|---|
| Groww Multicap Fund (Direct) | −3.15% | −0.06% | +7.02% | +10.28% | -- | -- | -- |
| 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.
Groww Multicap vs WhiteOak Capital Multi Cap: Year-wise Returns
| Year | Groww MulticapGroww Multicap | WhiteOak Capital Multi CapWhiteOak Capital Multi Cap | Nifty500 Multicap 50:25:25 TRI |
|---|---|---|---|
| 2026to date | +10.15% | +0.42% | −5.56% |
| 2025 | +9.04% | +7.19% | +5.29% |
| 2024 | -- | +30.77% | +19.34% |
Groww Multicap 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, 212 of them, one for each trading day from 18-12-2025 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.
Groww Multicap Fund (Direct)
WhiteOak Capital Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
to
Jan 2026Mar 2025
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Groww Multicap | 0.0 | 0.0 | 12.3 | 26.9 | 32.5 | 25.0 | 3.3 | 16.5% | 16.3% | 6.9% | 26.6% | 100% |
| WhiteOak Capital Multi Cap | 2.4 | 13.2 | 46.7 | 29.7 | 8.0 | 0.0 | 0.0 | 8.8% | 8.3% | −2.1% | 19.7% | 100% |
| Nifty500 Multicap 50:25:25 TRI | 17.9 | 38.7 | 32.1 | 8.5 | 2.8 | 0.0 | 0.0 | 4.3% | 4.2% | −7.6% | 16.2% | -- |
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 18-12-2024. Past returns do not promise future returns.
Groww Multicap 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 18-12-2024 to 30-10-2026: 23 instalments, ₹2,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Groww MulticapGroww Multicap Fund (Direct) | ₹2,30,000 | ₹2,63,535 | ₹33,535 | 14.4% |
| WhiteOak Capital Multi CapWhiteOak Capital Multi Cap Fund (Direct) | ₹2,30,000 | ₹2,42,193 | ₹12,193 | 5.3% |
Groww MulticapGroww Multicap 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.
Groww Multicap 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 | Groww Multicap Fund (Direct) | WhiteOak Capital Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.28% | −0.45% |
| Standard deviation | 16.54% | 13.86% |
| Sharpe ratio | 0.30 | -0.41 |
| Sortino ratio | 0.43 | -0.56 |
| Maximum drawdown | −12.1% (23-03-2026) | −15.0% (23-03-2026) |
| Beta | 1.05 | 0.91 |
| Alpha | +16.89% | +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 | Groww Multicap Fund (Direct) | WhiteOak Capital Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.90% | +16.50% |
| Standard deviation | 15.48% | 14.33% |
| Sharpe ratio | 0.28 | 0.73 |
| Sortino ratio | 0.39 | 0.99 |
| Maximum drawdown | −16.5% (03-03-2025) | −16.9% (28-02-2025) |
| Beta | 0.98 | 0.93 |
| Alpha | +11.31% | +6.65% |
From daily NAVs, 18-12-2024 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 Multicap 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 |
|---|---|---|---|---|---|---|
| Groww Multicap Fund (Direct) | −16.5% | 02-01-2025 | 03-03-2025 | 05-06-2025 | 3 months | −6.5% |
| WhiteOak Capital Multi Cap Fund (Direct) | −15.8% | 02-01-2025 | 28-02-2025 | 09-06-2025 | 3 months | −6.8% |
| Nifty500 Multicap 50:25:25 TRI | −15.6% | 18-12-2024 | 03-03-2025 | 06-06-2025 | 3 months | −8.0% |
From daily values since 18-12-2024, 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 Multicap 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 |
|---|---|---|---|
| Groww Multicap Fund (Direct) | 140% | 95% | 5.78% |
| WhiteOak Capital Multi Cap Fund (Direct) | 110% | 93% | 3.51% |
From month-end values since 18-12-2024. 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.
Groww Multicap vs WhiteOak Capital Multi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Multicap Fund, September 2026; WhiteOak Capital Multi Cap Fund, September 2026
Holdings in common
- Overlap
- 17.4%
- Held by both
- 36
- Only in Groww Multicap
- 45
- Only in WhiteOak Capital Multi Cap
- 172
| Security | % of Groww Multicap | % of WhiteOak Capital Multi Cap |
|---|---|---|
| Bharti Airtel Limited | 2.66% | 2.69% |
| Mahindra & Mahindra Limited | 2.34% | 1.49% |
| Max Financial Services Limited | 1.97% | 1.16% |
| ICICI Bank Limited | 1.09% | 5.07% |
| State Bank of India | 1.03% | 1.63% |
| Azad Engineering Limited | 0.92% | 0.90% |
| Bharat Electronics Limited | 1.29% | 0.85% |
| INDIA SHELTER FIN CORP LTD | 0.92% | 0.71% |
| TD Power Systems Limited | 3.07% | 0.65% |
| Navin Fluorine International Limited | 1.03% | 0.60% |
| Krishna Institute of Medical Science Ltd | 0.53% | 0.61% |
| TENNECO CLEAN AIR INDIA LIMITED | 2.04% | 0.52% |
| FSN E-Commerce Ventures Limited | 1.39% | 0.46% |
| Coforge Limited | 0.41% | 0.99% |
| Page Industries Limited | 1.50% | 0.36% |
| Multi Commodity Exchange of India Ltd. | 2.28% | 0.35% |
| Larsen & Toubro Limited | 1.75% | 0.35% |
| Aether Industries Limited | 0.57% | 0.34% |
| TUBE INVESTMENTS OF INDIA LTD | 1.34% | 0.33% |
| GE Vernova T&D India Limited | 1.50% | 0.26% |
| Bajaj Finance Limited | 0.81% | 0.26% |
| Cummins India Limited | 1.33% | 0.25% |
| National Stock Exchange of India Limited | 0.22% | 0.28% |
| Sagility Limited | 1.77% | 0.21% |
| Vedanta Aluminium Metal Limited | 1.21% | 0.20% |
| Anthem Biosciences Limited | 0.49% | 0.20% |
| Cholamandalam Invest & Finance Co Ltd | 0.42% | 0.20% |
| Infosys Limited | 0.28% | 0.20% |
| FINE ORGANIC INDUSTRIES LIMITED | 1.26% | 0.18% |
| Ujjivan Small Finance Bank Limited | 2.95% | 0.14% |
| OnEMI Technology Solutions Limited | 2.55% | 0.10% |
| Cholamandalam Financial Holdings Limited | 0.38% | 0.09% |
| Coromandel International Limited | 0.65% | 0.05% |
| ICICI Prudential AMC Ltd | 1.05% | 0.04% |
| Sona BLW Precision Forgings Limited | 1.01% | 0.04% |
| Ather Energy Limited | 2.10% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 17.4% means 17.4% 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 Multicap Fund
| Security | % of fund |
|---|---|
| Manipal Payment Identity Solutions Ltd | 3.43% |
| Hyundai Motor India Limited | 2.72% |
| Ashok Leyland Limited | 2.49% |
| Kanohar Electricals Limited | 2.42% |
| APAR INDUSTRIES LTD | 2.28% |
Largest holdings only in WhiteOak Capital Multi Cap Fund
| Security | % of fund |
|---|---|
| Nestle India Limited | 2.51% |
| HDFC Bank Limited | 2.10% |
| Eternal Limited | 1.69% |
| Nexus Select Trust - REIT | 1.67% |
| Reliance Industries Limited | 1.19% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Multicap | WhiteOak Capital Multi Cap |
|---|---|---|
| Equity | 96.0% | 88.1% |
| Debt | 0.0% | 3.7% |
| Cash and others | 4.0% | 8.3% |
Market cap of stocks
| Market cap | Groww Multicap | WhiteOak Capital Multi Cap |
|---|---|---|
| Large Cap | 27.0% | 31.6% |
| Mid Cap | 26.9% | 24.0% |
| Small Cap | 29.8% | 29.6% |
| Not on AMFI's list | 12.3% | 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 | Groww Multicap | WhiteOak Capital Multi Cap |
|---|---|---|
| Banks | 6.1% | 14.3% |
| Electrical Equipment | 10.6% | 3.5% |
| Automobiles | 10.1% | 2.4% |
| Auto Components | 10.0% | 2.1% |
| Finance | 9.3% | 7.3% |
| Pharmaceuticals & Biotechnology | 4.4% | 7.7% |
| Capital Markets | 6.1% | 3.7% |
| Retailing | 2.5% | 5.1% |
| Healthcare Services | 3.3% | 3.9% |
| Telecom - Services | 2.7% | 3.9% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Multicap vs WhiteOak Capital Multi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Multicap Fund | WhiteOak Capital Multi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.04% | 0.89% |
| Base expense ratio (Direct) | 0.33% | 0.50% |
| Total expense ratio (Regular) | 2.69% | 2.21% |
| Base expense ratio (Regular) | 1.78% | 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 Groww Multicap with
Groww Multicap Fund vs WhiteOak Capital Multi Cap Fund: Frequently Asked Questions
What is the difference between Groww Multicap Fund and WhiteOak Capital Multi Cap Fund?
Both are Multi Cap funds, run by Groww Mutual Fund and WhiteOak Capital Mutual Fund. Their portfolios overlap 17.4%. Groww Multicap Fund charges 1.04% a year and WhiteOak Capital Multi Cap Fund 0.89%.
Which has given higher returns, Groww Multicap Fund or WhiteOak Capital Multi Cap Fund?
Over 1 year: Groww Multicap Fund +10.28%, 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, Groww Multicap Fund or WhiteOak Capital Multi Cap Fund?
WhiteOak Capital Multi Cap Fund charges less: 0.89% a year against 1.04%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Groww Multicap Fund and WhiteOak Capital Multi Cap Fund overlap?
17.4%. They hold 36 of the same securities, the largest shared ones being BHARTIARTL, M&M, MFSL. From each fund's latest monthly portfolio.
Which is riskier, Groww Multicap Fund or WhiteOak Capital Multi Cap Fund?
On SEBI's riskometer, Groww Multicap Fund is rated Very High and WhiteOak Capital Multi Cap Fund Very High. Over 1 years, the standard deviation of daily returns was 16.54% and 13.86% a year.
Can I invest in both Groww Multicap Fund and WhiteOak Capital Multi Cap Fund?
Yes. 17.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Groww Multicap Fund and WhiteOak Capital Multi Cap Fund?
Groww Multicap Fund: Anupam Tiwari, Saptarshee Chatterjee, Gagan Thareja, Nikhil Satam. 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.