Groww Nifty Midcap 150 Index Fund vs WhiteOak Capital Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Groww Nifty Midcap 150 Index Fund is an Index fund and WhiteOak Capital Mid Cap Fund is a Mid Cap fund. Groww Nifty Midcap 150 Index Fund charges 0.54% a year and WhiteOak Capital Mid Cap Fund 0.93% (Direct plans). Their portfolios overlap 37.8%: they hold 59 of the same securities.
Groww Nifty Midcap 150 Index Fund
Index
- Expense ratio
- 0.54%
- NAV
- ₹9.42
Which is better, Groww Nifty Midcap 150 Index or WhiteOak Capital Mid 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 Nifty Midcap 150 Index costs less: 0.54% a year against 0.93% (Direct plans).
- Groww Nifty Midcap 150 Index fell less in its worst fall since 17-11-2025: −14.0% against −14.0%.
- WhiteOak Capital Mid Cap is the larger fund: ₹7,540 Cr against ₹15 Cr.
- Their portfolios overlap 37.8%: 59 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 Nifty Midcap 150 Index Fund | WhiteOak Capital Mid Cap Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | WhiteOak Capital Mutual Fund |
| Category | Index | Mid Cap |
| AUM | ₹15 Cr (30-09-2026) | ₹7,540 Cr (30-09-2026) |
| NAV | ₹9.42 (Direct) | ₹21.98 (Direct) |
| Expense ratio (Direct) | 0.54% | 0.93% |
| Expense ratio (Regular) | 1.18% | 2.24% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Next 50 TRI | BSE Midcap 150 TRI |
| Launch date | 13-11-2025 | 07-09-2022 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Aakash Chauhan, Nikhil Satam, Shashi Kumar | Ramesh Mantri, Piyush Baranwal, Trupti Agrawal, Dheeresh Pathak, Ashish Agrawal |
| Exit load | Nil | Nil |
Groww Nifty Midcap 150 Index vs WhiteOak Capital Mid 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 Nifty Midcap 150 Index Fund (Direct) | −3.72% | −8.68% | −4.31% | -- | -- | -- | -- |
| WhiteOak Capital Mid Cap Fund (Direct) | −2.15% | −4.73% | +4.05% | +3.63% | +20.42% | -- | -- |
| Mid Cap average | −3.36% | −6.03% | −0.14% | −2.17% | +14.75% | -- | -- |
Category average: the average of the 34 Mid Cap funds, same plan type.
Groww Nifty Midcap 150 Index vs WhiteOak Capital Mid Cap: Year-wise Returns
| Year | Groww Nifty Midcap 150 IndexGroww Nifty Midcap 150 Index | WhiteOak Capital Mid CapWhiteOak Capital Mid Cap |
|---|---|---|
| 2026to date | −5.47% | +3.98% |
| 2025 | -- | +6.68% |
| 2024 | -- | +35.48% |
| 2023 | -- | +43.99% |
Groww Nifty Midcap 150 Index vs WhiteOak Capital Mid Cap: Rolling Returns
Every holding period of both funds, against Nifty Next 50 TRI, the benchmark of Groww Nifty Midcap 150 Index Fund
Groww Nifty Midcap 150 Index vs WhiteOak Capital Mid Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Nifty Midcap 150 Index Fund (Direct) | WhiteOak Capital Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.67% | +20.72% |
| Standard deviation | 16.87% | 14.65% |
| Sharpe ratio | -0.71 | 0.99 |
| Sortino ratio | -0.94 | 1.36 |
| Maximum drawdown | −14.0% (31-03-2026) | −19.3% (07-04-2025) |
| Beta | 0.90 | 0.89 |
| Alpha | −4.69% | +6.96% |
From daily NAVs, 17-11-2025 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 Nifty Midcap 150 Index Fund (Direct)
WhiteOak Capital Mid Cap Fund (Direct)
Nifty Next 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Nifty Midcap 150 Index Fund (Direct) | −14.0% | 07-01-2026 | 31-03-2026 | 07-05-2026 | 37 days | −10.7% |
| WhiteOak Capital Mid Cap Fund (Direct) | −14.0% | 20-11-2025 | 23-03-2026 | 06-05-2026 | 44 days | −8.2% |
| Nifty Next 50 TRI | −14.4% | 26-02-2026 | 30-03-2026 | 21-04-2026 | 22 days | −9.3% |
From daily values since 17-11-2025, the first day every fund has.
Groww Nifty Midcap 150 Index vs WhiteOak Capital Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Nifty Midcap 150 Index Fund, September 2026; WhiteOak Capital Mid Cap Fund, September 2026
Holdings in common
- Overlap
- 37.8%
- Held by both
- 59
- Only in Groww Nifty Midcap 150 Index
- 91
- Only in WhiteOak Capital Mid Cap
- 90
| Security | % of Groww Nifty Midcap 150 Index | % of WhiteOak Capital Mid Cap |
|---|---|---|
| The Federal Bank Limited | 1.94% | 2.50% |
| Laurus Labs Limited | 1.90% | 2.20% |
| Coforge Limited | 1.50% | 2.73% |
| Bharat Heavy Electricals Limited | 1.49% | 1.86% |
| Lenskart Solutions Limited | 1.24% | 1.66% |
| IndusInd Bank Limited | 1.47% | 1.20% |
| Info Edge (India) Limited | 1.17% | 1.87% |
| Multi Commodity Exchange of India Ltd. | 2.08% | 1.07% |
| Marico Limited | 1.03% | 1.45% |
| PERSISTENT SYSTEMS LTD | 1.42% | 1.01% |
| Fortis Healthcare Limited | 0.99% | 1.58% |
| PB Fintech Limited | 0.93% | 1.18% |
| Max Financial Services Limited | 0.90% | 2.48% |
| The Phoenix Mills Limited | 0.89% | 1.95% |
| FSN E-Commerce Ventures Limited | 1.08% | 0.87% |
| Alkem Laboratories Limited | 0.77% | 0.84% |
| National Aluminium Company Limited | 0.75% | 1.12% |
| GE Vernova T&D India Limited | 1.28% | 0.73% |
| REC Limited | 0.92% | 0.72% |
| Vishal Mega Mart Limited | 0.70% | 1.96% |
| KEI Industries Limited | 0.68% | 1.22% |
| 360 ONE WAM LIMITED | 0.67% | 1.53% |
| IPCA Laboratories Limited | 0.66% | 1.33% |
| TUBE INVESTMENTS OF INDIA LTD | 0.63% | 0.89% |
| Embassy Office Parks REIT | 0.94% | 0.61% |
| Oil India Limited | 0.60% | 0.62% |
| One 97 Communications Limited | 1.78% | 0.60% |
| Mankind Pharma Limited | 0.70% | 0.58% |
| Jindal Stainless Limited | 0.58% | 0.95% |
| Page Industries Limited | 0.56% | 0.80% |
| Godrej Properties Limited | 0.54% | 0.55% |
| Mahindra & Mahindra Financial Serv Ltd. | 0.53% | 1.03% |
| Hindustan Petroleum Corporation Limited | 0.83% | 0.53% |
| JSW Infrastructure Limited | 0.53% | 0.94% |
| Coromandel International Limited | 0.52% | 0.62% |
| Meesho Limited | 0.52% | 0.74% |
| Billionbrains Garage Ventures Ltd. | 0.65% | 0.49% |
| Colgate Palmolive (India) Limited | 0.57% | 0.47% |
| Aditya Birla Capital Limited | 0.80% | 0.42% |
| Hero MotoCorp Limited | 1.68% | 0.41% |
| Ajanta Pharma Limited | 0.41% | 1.32% |
| Supreme Industries Limited | 0.55% | 0.39% |
| Bank of India | 0.39% | 0.63% |
| Motilal Oswal Financial Services Limited | 0.39% | 2.05% |
| AIA Engineering Limited | 0.37% | 1.12% |
| NMDC Limited | 0.65% | 0.37% |
| Abbott India Limited | 0.35% | 0.75% |
| Oracle Financial Services Software | 0.62% | 0.34% |
| Berger Paints (I) Limited | 0.32% | 1.39% |
| Narayana Hrudayalaya Limited | 0.31% | 0.52% |
| Bharti Hexacom Limited | 0.26% | 2.78% |
| Endurance Technologies Limited | 0.23% | 0.32% |
| Anthem Biosciences Limited | 0.23% | 0.30% |
| AU Small Finance Bank Limited | 1.45% | 0.15% |
| ICICI Lombard General Insurance Company | 0.96% | 0.13% |
| Godrej Industries Ltd | 0.11% | 0.47% |
| ICICI Prudential Life Insurance Company | 0.43% | 0.05% |
| Petronet LNG Limited | 0.53% | 0.04% |
| Nippon Life India Asset Management Ltd | 0.48% | 0.02% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 37.8% means 37.8% 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 Nifty Midcap 150 Index Fund
| Security | % of fund |
|---|---|
| The Indian Hotels Company Limited | 1.58% |
| Dixon Technologies (India) Limited | 1.34% |
| IDFC First Bank Limited | 1.33% |
| Bharat Forge Limited | 1.32% |
| Life Insurance Corporation Of India | 1.24% |
Largest holdings only in WhiteOak Capital Mid Cap Fund
| Security | % of fund |
|---|---|
| Nexus Select Trust - REIT | 1.31% |
| Sona BLW Precision Forgings Limited | 1.30% |
| Bandhan Bank Limited | 1.25% |
| Muthoot Finance Limited | 1.05% |
| Gland Pharma Limited | 0.89% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Nifty Midcap 150 Index | WhiteOak Capital Mid Cap |
|---|---|---|
| Equity | 99.1% | 85.0% |
| Debt | 0.0% | 4.2% |
| Cash and others | 0.9% | 10.8% |
Market cap of stocks
| Market cap | Groww Nifty Midcap 150 Index | WhiteOak Capital Mid Cap |
|---|---|---|
| Large Cap | 5.7% | 4.7% |
| Mid Cap | 90.9% | 58.7% |
| Small Cap | 2.5% | 19.6% |
| Not on AMFI's list | 0.0% | 2.0% |
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 Nifty Midcap 150 Index | WhiteOak Capital Mid Cap |
|---|---|---|
| Pharmaceuticals & Biotechnology | 9.2% | 9.9% |
| Banks | 8.7% | 6.3% |
| Retailing | 5.6% | 7.4% |
| Finance | 6.8% | 6.6% |
| Capital Markets | 4.7% | 6.0% |
| Electrical Equipment | 6.0% | 5.0% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Nifty Midcap 150 Index vs WhiteOak Capital Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Nifty Midcap 150 Index Fund | WhiteOak Capital Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.54% | 0.93% |
| Base expense ratio (Direct) | 0.34% | 0.43% |
| Total expense ratio (Regular) | 1.18% | 2.24% |
| Base expense ratio (Regular) | 0.90% | 1.54% |
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
Groww Nifty Midcap 150 Index Fund vs WhiteOak Capital Mid Cap Fund: Frequently Asked Questions
What is the difference between Groww Nifty Midcap 150 Index Fund and WhiteOak Capital Mid Cap Fund?
Groww Nifty Midcap 150 Index Fund is an Index fund, WhiteOak Capital Mid Cap Fund is a Mid Cap fund, run by Groww Mutual Fund and WhiteOak Capital Mutual Fund. Their portfolios overlap 37.8%. Groww Nifty Midcap 150 Index Fund charges 0.54% a year and WhiteOak Capital Mid Cap Fund 0.93%.
Which has the lower expense ratio, Groww Nifty Midcap 150 Index Fund or WhiteOak Capital Mid Cap Fund?
Groww Nifty Midcap 150 Index Fund charges less: 0.54% a year against 0.93%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Groww Nifty Midcap 150 Index Fund and WhiteOak Capital Mid Cap Fund overlap?
37.8%. They hold 59 of the same securities, the largest shared ones being FEDERALBNK, LAURUSLABS, COFORGE. From each fund's latest monthly portfolio.
Which is riskier, Groww Nifty Midcap 150 Index Fund or WhiteOak Capital Mid Cap Fund?
On SEBI's riskometer, Groww Nifty Midcap 150 Index Fund is rated Very High and WhiteOak Capital Mid Cap Fund Very High. Over their common history, the standard deviation of daily returns was 16.87% and 14.65% a year.
Can I invest in both Groww Nifty Midcap 150 Index Fund and WhiteOak Capital Mid Cap Fund?
Yes. 37.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Groww Nifty Midcap 150 Index Fund and WhiteOak Capital Mid Cap Fund?
Groww Nifty Midcap 150 Index Fund: Aakash Chauhan, Nikhil Satam, Shashi Kumar. WhiteOak Capital Mid 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.