HSBC Large & Mid Cap Fund vs WhiteOak Capital Large & Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
HSBC Large & Mid Cap Fund and WhiteOak Capital Large & Mid Cap Fund are both Large & Mid Cap funds. In the year to 30-10-2026, HSBC Large & Mid Cap Fund (Direct) returned 3.6% and WhiteOak Capital Large & Mid Cap Fund (Direct) returned −2.3%. HSBC Large & Mid Cap Fund charges 1.35% a year and WhiteOak Capital Large & Mid Cap Fund 0.89% (Direct plans). Their portfolios overlap 22.3%: they hold 38 of the same securities.
HSBC Large & Mid Cap Fund
Large & Mid Cap
- 1 year return
- 3.6%
- Expense ratio
- 1.35%
- NAV
- ₹31.51
WhiteOak Capital Large & Mid Cap Fund
Large & Mid Cap
- 1 year return
- −2.3%
- Expense ratio
- 0.89%
- NAV
- ₹13.69
Which is better, HSBC Large & Mid Cap or WhiteOak Capital Large & 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.
- HSBC Large & Mid Cap returned more over 1 year: 3.6% against −2.3%.
- WhiteOak Capital Large & Mid Cap costs less: 0.89% a year against 1.35% (Direct plans).
- WhiteOak Capital Large & Mid Cap fell less in its worst fall since 26-12-2023: −16.0% against −25.1%.
- WhiteOak Capital Large & Mid Cap holds more in large companies: 47.1% of the fund in large caps against 35.4%.
- HSBC Large & Mid Cap is the larger fund: ₹5,784 Cr against ₹2,376 Cr.
- Their portfolios overlap 22.3%: 38 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 | HSBC Large & Mid Cap Fund | WhiteOak Capital Large & Mid Cap Fund |
|---|---|---|
| Fund house | HSBC Mutual Fund | WhiteOak Capital Mutual Fund |
| Category | Large & Mid Cap | Large & Mid Cap |
| AUM | ₹5,784 Cr (30-09-2026) | ₹2,376 Cr (30-09-2026) |
| NAV | ₹31.51 (Direct) | ₹13.69 (Direct) |
| Expense ratio (Direct) | 1.35% | 0.89% |
| Expense ratio (Regular) | 2.43% | 2.35% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty LargeMidcap 250 TRI | BSE 250 Large MidCap TRI |
| Launch date | 28-03-2019 | 22-12-2023 |
| Minimum investment | Rs. 5,000 per application | ₹500 |
| Lock in | None | None |
| Fund managers | Cheenu Gupta, Mayank Chaturvedi, Dipan S. Parikh | 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 1 year. | Nil |
HSBC Large & Mid Cap vs WhiteOak Capital Large & 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 |
|---|---|---|---|---|---|---|---|
| HSBC Large & Mid Cap Fund (Direct) | −1.12% | −2.10% | +2.86% | +3.59% | +17.14% | +13.41% | -- |
| WhiteOak Capital Large & Mid Cap Fund (Direct) | −0.04% | −5.49% | +0.97% | −2.30% | -- | -- | -- |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | -- | -- | -- |
Category average: the average of the 36 Large & Mid Cap funds, same plan type.
HSBC Large & Mid Cap vs WhiteOak Capital Large & Mid Cap: Year-wise Returns
| Year | HSBCHSBC Large & Mid Cap | WhiteOak CapitalWhiteOak Capital Large & Mid Cap |
|---|---|---|
| 2026to date | +5.15% | −2.41% |
| 2025 | −2.47% | +8.25% |
| 2024 | +39.99% | +27.61% |
| 2023 | +31.69% | -- |
| 2022 | −2.19% | -- |
| 2021 | +37.39% | -- |
HSBC Large & Mid Cap vs WhiteOak Capital Large & Mid Cap: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of HSBC Large & Mid Cap Fund
Rolling returns
Every 1-year holding period, 455 of them, one for each trading day from 26-12-2024 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.
HSBC Large & Mid Cap Fund (Direct)
WhiteOak Capital Large & Mid Cap Fund (Direct)
NIFTY LargeMidcap 250 TRI
to
Feb 2025Jun 2024
to
Jun 2025Oct 2024
to
Oct 2025Jan 2025
to
Jan 2026May 2025
to
May 2026Sept 2025
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HSBC Large & Mid Cap | 16.7 | 22.4 | 21.1 | 19.8 | 12.7 | 3.5 | 3.7 | 8.5% | 7.8% | −7.8% | 44.0% | 64% |
| WhiteOak Capital Large & Mid Cap | 3.3 | 19.1 | 34.5 | 28.4 | 10.3 | 2.2 | 2.2 | 9.6% | 9.1% | −4.5% | 30.6% | 99% |
| NIFTY LargeMidcap 250 TRI | 16.7 | 33.2 | 32.5 | 11.9 | 5.1 | 0.7 | 0.0 | 5.4% | 5.1% | −8.0% | 20.8% | -- |
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 NIFTY LargeMidcap 250 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 26-12-2023. Past returns do not promise future returns.
HSBC Large & Mid Cap vs WhiteOak Capital Large & Mid 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 01-12-2023 to 30-10-2026: 35 instalments, ₹3,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HSBC Large & Mid CapHSBC Large & Mid Cap Fund (Direct) | ₹3,50,000 | ₹3,94,205 | ₹44,205 | 8.1% |
| WhiteOak Capital Large & Mid CapWhiteOak Capital Large & Mid Cap Fund (Direct) | ₹3,50,000 | ₹3,80,307 | ₹30,307 | 5.6% |
HSBC Large & Mid CapHSBC Large & Mid Cap Fund (Direct)
WhiteOak Capital Large & Mid CapWhiteOak Capital Large & Mid 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.
HSBC Large & Mid Cap vs WhiteOak Capital Large & Mid Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HSBC Large & Mid Cap Fund (Direct) | WhiteOak Capital Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.59% | −2.30% |
| Standard deviation | 15.71% | 13.60% |
| Sharpe ratio | -0.11 | -0.55 |
| Sortino ratio | -0.14 | -0.74 |
| Maximum drawdown | −12.2% (23-03-2026) | −13.1% (23-03-2026) |
| Beta | 0.97 | 0.94 |
| Alpha | +9.71% | +4.89% |
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 | HSBC Large & Mid Cap Fund (Direct) | WhiteOak Capital Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.38% | +11.50% |
| Standard deviation | 18.18% | 14.33% |
| Sharpe ratio | 0.62 | 0.39 |
| Sortino ratio | 0.82 | 0.52 |
| Maximum drawdown | −36.1% (23-03-2020) | −16.0% (28-02-2025) |
| Beta | 1.02 | 0.98 |
| Alpha | +1.70% | +6.03% |
From daily NAVs, 04-04-2019 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.
HSBC Large & Mid Cap Fund (Direct)
WhiteOak Capital Large & Mid Cap Fund (Direct)
NIFTY LargeMidcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HSBC Large & Mid Cap Fund (Direct) | −25.1% | 16-12-2024 | 28-02-2025 | 17-06-2026 | 16 months | −7.3% |
| WhiteOak Capital Large & Mid Cap Fund (Direct) | −16.0% | 16-12-2024 | 28-02-2025 | 26-06-2025 | 4 months | −7.4% |
| NIFTY LargeMidcap 250 TRI | −18.8% | 26-09-2024 | 28-02-2025 | 17-11-2025 | 9 months | −8.6% |
From daily values since 26-12-2023, 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.
HSBC Large & Mid Cap Fund (Direct)
WhiteOak Capital Large & Mid Cap Fund (Direct)
NIFTY LargeMidcap 250 TRI
Against NIFTY LargeMidcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| HSBC Large & Mid Cap Fund (Direct) | 130% | 101% | 8.00% |
| WhiteOak Capital Large & Mid Cap Fund (Direct) | 110% | 88% | 3.48% |
From month-end values since 26-12-2023. 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.
HSBC Large & Mid Cap vs WhiteOak Capital Large & Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: HSBC Large & Mid Cap Fund, September 2026; WhiteOak Capital Large & Mid Cap Fund, September 2026
Holdings in common
- Overlap
- 22.3%
- Held by both
- 38
- Only in HSBC Large & Mid Cap
- 41
- Only in WhiteOak Capital Large & Mid Cap
- 89
| Security | % of HSBC Large & Mid Cap | % of WhiteOak Capital Large & Mid Cap |
|---|---|---|
| ICICI Bank Limited | 6.52% | 6.63% |
| HDFC Bank Limited | 5.81% | 2.72% |
| The Federal Bank Limited | 3.34% | 1.97% |
| Divi''s Laboratories Limited | 1.33% | 1.12% |
| Lenskart Solutions Limited | 4.96% | 0.90% |
| AIA Engineering Limited | 1.03% | 0.83% |
| Coforge Limited | 1.46% | 0.72% |
| Bajaj Finance Limited | 0.83% | 0.67% |
| Tech Mahindra Limited | 0.65% | 0.77% |
| Hitachi Energy India Limited | 2.13% | 0.59% |
| Mahindra & Mahindra Financial Serv Ltd. | 1.21% | 0.51% |
| Multi Commodity Exchange of India Ltd. | 1.00% | 0.47% |
| FSN E-Commerce Ventures Limited | 2.44% | 0.45% |
| Sun Pharmaceutical Industries Limited | 1.59% | 0.44% |
| Cholamandalam Invest & Finance Co Ltd | 1.42% | 0.44% |
| Mankind Pharma Limited | 1.05% | 0.42% |
| GE Vernova T&D India Limited | 2.54% | 0.40% |
| Meesho Limited | 3.79% | 0.36% |
| Billionbrains Garage Ventures Ltd. | 0.32% | 0.48% |
| JSW Steel Limited | 2.20% | 0.25% |
| Gland Pharma Limited | 1.82% | 0.25% |
| Aditya Birla Capital Limited | 1.34% | 0.23% |
| National Stock Exchange of India Limited | 0.17% | 0.52% |
| Larsen & Toubro Limited | 0.16% | 0.59% |
| ICICI Prudential AMC Ltd | 0.17% | 0.15% |
| JSW Energy Limited | 0.56% | 0.14% |
| PB Fintech Limited | 0.78% | 0.12% |
| Cummins India Limited | 0.08% | 0.43% |
| Bharat Electronics Limited | 0.04% | 1.00% |
| Sai Life Sciences Ltd. | 0.04% | 0.38% |
| Nippon Life India Asset Management Ltd | 1.56% | 0.03% |
| Mahindra & Mahindra Limited | 0.03% | 2.13% |
| Infosys Limited | 0.02% | 0.46% |
| Eternal Limited | 0.01% | 2.41% |
| Bharat Heavy Electricals Limited | 0.01% | 1.16% |
| Bharti Airtel Limited | 0.01% | 2.73% |
| Titan Company Limited | 0.01% | 1.64% |
| Reliance Industries Limited | 0.01% | 1.75% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 22.3% means 22.3% 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 HSBC Large & Mid Cap Fund
| Security | % of fund |
|---|---|
| Aditya Infotech Limited | 3.37% |
| Ather Energy Limited | 2.72% |
| Dhoot Transmission Limited | 2.60% |
| Radico Khaitan Limited | 2.45% |
| TVS Motor Company Limited | 2.38% |
Largest holdings only in WhiteOak Capital Large & Mid Cap Fund
| Security | % of fund |
|---|---|
| Nestle India Limited | 3.38% |
| State Bank of India | 2.22% |
| Max Financial Services Limited | 1.78% |
| Laurus Labs Limited | 1.75% |
| Kotak Mahindra Bank Limited | 1.69% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HSBC Large & Mid Cap | WhiteOak Capital Large & Mid Cap |
|---|---|---|
| Equity | 97.9% | 85.9% |
| Debt | 0.0% | 4.3% |
| Cash and others | 2.1% | 9.8% |
Market cap of stocks
| Market cap | HSBC Large & Mid Cap | WhiteOak Capital Large & Mid Cap |
|---|---|---|
| Large Cap | 35.4% | 47.1% |
| Mid Cap | 40.4% | 36.0% |
| Small Cap | 16.8% | 2.3% |
| Not on AMFI's list | 5.3% | 0.5% |
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 | HSBC Large & Mid Cap | WhiteOak Capital Large & Mid Cap |
|---|---|---|
| Banks | 17.5% | 18.1% |
| Electrical Equipment | 13.0% | 2.1% |
| Retailing | 11.2% | 5.7% |
| Pharmaceuticals & Biotechnology | 8.6% | 9.1% |
| Finance | 7.2% | 4.8% |
| Automobiles | 5.1% | 4.2% |
| Telecom - Services | 0.0% | 4.3% |
The six largest sectors of each fund's stocks, % of the fund.
HSBC Large & Mid Cap vs WhiteOak Capital Large & Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HSBC Large & Mid Cap Fund | WhiteOak Capital Large & Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.35% | 0.89% |
| Base expense ratio (Direct) | 0.66% | 0.48% |
| Total expense ratio (Regular) | 2.43% | 2.35% |
| Base expense ratio (Regular) | 1.58% | 1.72% |
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 HSBC Large & Mid Cap with
HSBC Large & Mid Cap Fund vs WhiteOak Capital Large & Mid Cap Fund: Frequently Asked Questions
What is the difference between HSBC Large & Mid Cap Fund and WhiteOak Capital Large & Mid Cap Fund?
Both are Large & Mid Cap funds, run by HSBC Mutual Fund and WhiteOak Capital Mutual Fund. Their portfolios overlap 22.3%. HSBC Large & Mid Cap Fund charges 1.35% a year and WhiteOak Capital Large & Mid Cap Fund 0.89%.
Which has given higher returns, HSBC Large & Mid Cap Fund or WhiteOak Capital Large & Mid Cap Fund?
Over 1 year: HSBC Large & Mid Cap Fund +3.59%, WhiteOak Capital Large & Mid Cap Fund −2.30%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HSBC Large & Mid Cap Fund or WhiteOak Capital Large & Mid Cap Fund?
WhiteOak Capital Large & Mid Cap Fund charges less: 0.89% a year against 1.35%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HSBC Large & Mid Cap Fund and WhiteOak Capital Large & Mid Cap Fund overlap?
22.3%. They hold 38 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, FEDERALBNK. From each fund's latest monthly portfolio.
Which is riskier, HSBC Large & Mid Cap Fund or WhiteOak Capital Large & Mid Cap Fund?
On SEBI's riskometer, HSBC Large & Mid Cap Fund is rated Very High and WhiteOak Capital Large & Mid Cap Fund Very High. Over 1 years, the standard deviation of daily returns was 15.71% and 13.60% a year.
Can I invest in both HSBC Large & Mid Cap Fund and WhiteOak Capital Large & Mid Cap Fund?
Yes. 22.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages HSBC Large & Mid Cap Fund and WhiteOak Capital Large & Mid Cap Fund?
HSBC Large & Mid Cap Fund: Cheenu Gupta, Mayank Chaturvedi, Dipan S. Parikh. WhiteOak Capital Large & 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.