ITI Mid Cap Fund vs WhiteOak Capital Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
ITI Mid Cap Fund and WhiteOak Capital Mid Cap Fund are both Mid Cap funds. In the 3 years to 30-10-2026, ITI Mid Cap Fund (Direct) returned 17.7% a year and WhiteOak Capital Mid Cap Fund (Direct) returned 20.4% a year. ITI Mid Cap Fund charges 0.91% a year and WhiteOak Capital Mid Cap Fund 0.93% (Direct plans). Their portfolios overlap 29.2%: they hold 36 of the same securities.
WhiteOak Capital Mid Cap Fund
Mid Cap
- 3 year return
- 20.4%
- Expense ratio
- 0.93%
- NAV
- ₹21.98
Which is better, ITI Mid Cap 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.
- WhiteOak Capital Mid Cap returned more over 3 years: 20.4% a year against 17.7%.
- WhiteOak Capital Mid Cap returned more over 1 year: 3.6% against −1.3%.
- ITI Mid Cap costs less: 0.91% a year against 0.93% (Direct plans).
- WhiteOak Capital Mid Cap swung less over 3 years: a standard deviation of 15.8% a year against 17.9%.
- WhiteOak Capital Mid Cap fell less in its worst fall since 08-09-2022: −19.3% against −22.4%.
- WhiteOak Capital Mid Cap is the larger fund: ₹7,540 Cr against ₹1,453 Cr.
- Their portfolios overlap 29.2%: 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 | ITI Mid Cap Fund | WhiteOak Capital Mid Cap Fund |
|---|---|---|
| Fund house | ITI Mutual Fund | WhiteOak Capital Mutual Fund |
| Category | Mid Cap | Mid Cap |
| AUM | ₹1,453 Cr (30-09-2026) | ₹7,540 Cr (30-09-2026) |
| NAV | ₹23.54 (Direct) | ₹21.98 (Direct) |
| Expense ratio (Direct) | 0.91% | 0.93% |
| Expense ratio (Regular) | 2.44% | 2.24% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Midcap 150 TRI | BSE Midcap 150 TRI |
| Launch date | 05-03-2021 | 07-09-2022 |
| Minimum investment | ₹5,000 | ₹500 |
| Lock in | None | None |
| Fund managers | Alok Ranjan, Dhimant Shah | Ramesh Mantri, Piyush Baranwal, Trupti Agrawal, Dheeresh Pathak, Ashish Agrawal |
| Exit load | Exit load of 0.50%, if redeemed within 3 months. | Nil |
ITI Mid Cap 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 |
|---|---|---|---|---|---|---|---|
| ITI Mid Cap Fund (Direct) | −4.97% | −7.62% | −2.16% | −1.25% | +17.72% | +14.03% | -- |
| 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.
ITI Mid Cap vs WhiteOak Capital Mid Cap: Year-wise Returns
| Year | ITIITI Mid Cap | WhiteOak CapitalWhiteOak Capital Mid Cap |
|---|---|---|
| 2026to date | −3.67% | +3.98% |
| 2025 | +6.57% | +6.68% |
| 2024 | +32.42% | +35.48% |
| 2023 | +43.86% | +43.99% |
| 2022 | +4.02% | -- |
ITI Mid Cap vs WhiteOak Capital Mid Cap: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of ITI Mid Cap Fund
Rolling returns
Every 3-year holding period, 281 of them, one for each trading day from 08-09-2025 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.
ITI Mid Cap Fund (Direct)
WhiteOak Capital Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
to
Oct 2025Dec 2022
to
Dec 2025Mar 2023
to
Mar 2026May 2023
to
May 2026Jul 2023
to
Jul 2026Sept 2023
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ITI Mid Cap | 0.0 | 0.0 | 0.0 | 0.0 | 9.3 | 50.5 | 40.2 | 24.0% | 24.3% | 16.5% | 28.0% | 100% |
| WhiteOak Capital Mid Cap | 0.0 | 0.0 | 0.0 | 0.0 | 1.8 | 30.2 | 68.0 | 25.8% | 26.4% | 19.1% | 29.6% | 100% |
| Nifty Midcap 150 TRI | 0.0 | 0.0 | 0.0 | 9.6 | 18.1 | 70.5 | 1.8 | 21.3% | 22.5% | 12.7% | 26.0% | -- |
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 Midcap 150 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 08-09-2022. Past returns do not promise future returns.
ITI Mid Cap vs WhiteOak Capital 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 01-09-2022 to 30-10-2026: 50 instalments, ₹5,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ITI Mid CapITI Mid Cap Fund (Direct) | ₹5,00,000 | ₹6,48,664 | ₹1,48,664 | 12.5% |
| WhiteOak Capital Mid CapWhiteOak Capital Mid Cap Fund (Direct) | ₹5,00,000 | ₹7,14,115 | ₹2,14,115 | 17.3% |
ITI Mid CapITI Mid Cap Fund (Direct)
WhiteOak Capital Mid CapWhiteOak Capital 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.
ITI Mid Cap 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 | ITI Mid Cap Fund (Direct) | WhiteOak Capital Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.25% | +3.63% |
| Standard deviation | 16.73% | 15.20% |
| Sharpe ratio | -0.39 | -0.11 |
| Sortino ratio | -0.52 | -0.15 |
| Maximum drawdown | −14.2% (31-03-2026) | −14.0% (23-03-2026) |
| Beta | 0.99 | 0.90 |
| Alpha | +3.04% | +7.82% |
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 | ITI Mid Cap Fund (Direct) | WhiteOak Capital Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.72% | +20.42% |
| Standard deviation | 17.91% | 15.85% |
| Sharpe ratio | 0.65 | 0.91 |
| Sortino ratio | 0.86 | 1.24 |
| Maximum drawdown | −22.4% (28-02-2025) | −19.3% (07-04-2025) |
| Beta | 1.02 | 0.90 |
| Alpha | +3.72% | +7.68% |
From daily NAVs, 30-10-2023 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 | ITI Mid Cap Fund (Direct) | WhiteOak Capital Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.40% | +20.72% |
| Standard deviation | 16.21% | 14.65% |
| Sharpe ratio | 0.67 | 0.99 |
| Sortino ratio | 0.89 | 1.36 |
| Maximum drawdown | −22.7% (20-06-2022) | −19.3% (07-04-2025) |
| Beta | 0.94 | 0.89 |
| Alpha | +0.42% | +6.96% |
From daily NAVs, 10-03-2021 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.
ITI Mid Cap Fund (Direct)
WhiteOak Capital Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ITI Mid Cap Fund (Direct) | −22.4% | 27-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −11.2% |
| WhiteOak Capital Mid Cap Fund (Direct) | −19.3% | 16-12-2024 | 07-04-2025 | 30-06-2025 | 3 months | −8.2% |
| Nifty Midcap 150 TRI | −20.9% | 24-09-2024 | 28-02-2025 | 12-11-2025 | 8 months | −10.5% |
From daily values since 08-09-2022, 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.
ITI Mid Cap Fund (Direct)
WhiteOak Capital Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ITI Mid Cap Fund (Direct)
WhiteOak Capital Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
Against Nifty Midcap 150 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ITI Mid Cap Fund (Direct) | 100% | 90% | 3.99% |
| WhiteOak Capital Mid Cap Fund (Direct) | 105% | 84% | 4.51% |
From month-end values since 08-09-2022. 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.
ITI Mid Cap vs WhiteOak Capital Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: ITI Mid Cap Fund, September 2026; WhiteOak Capital Mid Cap Fund, September 2026
Holdings in common
- Overlap
- 29.2%
- Held by both
- 36
- Only in ITI Mid Cap
- 57
- Only in WhiteOak Capital Mid Cap
- 113
| Security | % of ITI Mid Cap | % of WhiteOak Capital Mid Cap |
|---|---|---|
| The Federal Bank Limited | 2.88% | 2.50% |
| Fortis Healthcare Limited | 1.97% | 1.58% |
| Bharat Heavy Electricals Limited | 1.52% | 1.86% |
| Motilal Oswal Financial Services Limited | 1.49% | 2.05% |
| Marico Limited | 1.55% | 1.45% |
| Sona BLW Precision Forgings Limited | 1.56% | 1.30% |
| IndusInd Bank Limited | 1.49% | 1.20% |
| PB Fintech Limited | 1.27% | 1.18% |
| Info Edge (India) Limited | 1.15% | 1.87% |
| National Aluminium Company Limited | 1.17% | 1.12% |
| Max Financial Services Limited | 1.11% | 2.48% |
| Multi Commodity Exchange of India Limited | 1.14% | 1.07% |
| Bharti Hexacom Limited | 1.04% | 2.78% |
| Tube Investments of India Limited | 1.43% | 0.89% |
| Max Healthcare Institute Limited | 1.21% | 0.83% |
| Mahindra & Mahindra Financial Services Limited | 0.80% | 1.03% |
| KEI Industries Limited | 0.80% | 1.22% |
| Abbott India Limited | 1.00% | 0.75% |
| GE Vernova T&D India Limited | 1.65% | 0.73% |
| Hitachi Energy India Limited | 0.64% | 0.72% |
| Persistent Systems Limited | 0.61% | 1.01% |
| One 97 Communications Limited | 1.92% | 0.60% |
| Mankind Pharma Limited | 0.66% | 0.58% |
| Cummins India Limited | 1.44% | 0.54% |
| Five Star Business Finance Limited | 0.76% | 0.50% |
| IPCA Laboratories Limited | 0.48% | 1.33% |
| Acutaas Chemicals Limited | 0.65% | 0.42% |
| Neuland Laboratories Limited | 1.35% | 0.41% |
| Supreme Industries Limited | 0.83% | 0.39% |
| IIFL Finance Limited | 1.01% | 0.38% |
| Oracle Financial Services Software Limited | 1.43% | 0.34% |
| Navin Fluorine International Limited | 0.34% | 0.76% |
| Tenneco Clean Air India Limited | 0.28% | 0.40% |
| AU Small Finance Bank Limited | 1.57% | 0.15% |
| Karur Vysya Bank Limited | 0.92% | 0.05% |
| Ather Energy Limited | 1.63% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 29.2% means 29.2% 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 ITI Mid Cap Fund
| Security | % of fund |
|---|---|
| IDFC First Bank Limited | 1.82% |
| Radico Khaitan Limited | 1.82% |
| TVS Motor Company Limited | 1.65% |
| Solar Industries India Limited | 1.65% |
| Anupam Rasayan India Limited | 1.58% |
Largest holdings only in WhiteOak Capital Mid Cap Fund
| Security | % of fund |
|---|---|
| Coforge Limited | 2.73% |
| Laurus Labs Limited | 2.20% |
| Vishal Mega Mart Limited | 1.96% |
| The Phoenix Mills Limited | 1.95% |
| Lenskart Solutions Limited | 1.66% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ITI Mid Cap | WhiteOak Capital Mid Cap |
|---|---|---|
| Equity | 97.1% | 85.0% |
| Debt | 0.0% | 4.2% |
| Cash and others | 2.9% | 10.8% |
Market cap of stocks
| Market cap | ITI Mid Cap | WhiteOak Capital Mid Cap |
|---|---|---|
| Large Cap | 14.5% | 4.7% |
| Mid Cap | 65.0% | 58.7% |
| Small Cap | 15.0% | 19.6% |
| Not on AMFI's list | 2.7% | 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 | ITI Mid Cap | WhiteOak Capital Mid Cap |
|---|---|---|
| Banks | 12.1% | 6.3% |
| Pharmaceuticals & Biotechnology | 8.3% | 9.9% |
| Finance | 7.9% | 6.6% |
| Retailing | 1.8% | 7.4% |
| Auto Components | 7.4% | 2.9% |
| Electrical Equipment | 6.1% | 5.0% |
| Capital Markets | 3.8% | 6.0% |
| Industrial Products | 5.6% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
ITI Mid Cap vs WhiteOak Capital Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ITI Mid Cap Fund | WhiteOak Capital Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.91% | 0.93% |
| Base expense ratio (Direct) | 0.49% | 0.43% |
| Total expense ratio (Regular) | 2.44% | 2.24% |
| Base expense ratio (Regular) | 1.83% | 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
Compare ITI Mid Cap with
ITI Mid Cap Fund vs WhiteOak Capital Mid Cap Fund: Frequently Asked Questions
What is the difference between ITI Mid Cap Fund and WhiteOak Capital Mid Cap Fund?
Both are Mid Cap funds, run by ITI Mutual Fund and WhiteOak Capital Mutual Fund. Their portfolios overlap 29.2%. ITI Mid Cap Fund charges 0.91% a year and WhiteOak Capital Mid Cap Fund 0.93%.
Which has given higher returns, ITI Mid Cap Fund or WhiteOak Capital Mid Cap Fund?
Over 1 year: ITI Mid Cap Fund −1.25%, WhiteOak Capital Mid Cap Fund +3.63%. Over 3 years: ITI Mid Cap Fund +17.72% a year, WhiteOak Capital Mid Cap Fund +20.42% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ITI Mid Cap Fund or WhiteOak Capital Mid Cap Fund?
ITI Mid Cap Fund charges less: 0.91% a year against 0.93%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ITI Mid Cap Fund and WhiteOak Capital Mid Cap Fund overlap?
29.2%. They hold 36 of the same securities, the largest shared ones being FEDERALBNK, FORTIS, BHEL. From each fund's latest monthly portfolio.
Which is riskier, ITI Mid Cap Fund or WhiteOak Capital Mid Cap Fund?
On SEBI's riskometer, ITI Mid Cap Fund is rated Very High and WhiteOak Capital Mid Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 17.91% and 15.85% a year.
Which is better for SIP, ITI Mid Cap Fund or WhiteOak Capital Mid Cap Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,02,946 in ITI Mid Cap Fund (XIRR 5.5% a year) and ₹4,43,418 in WhiteOak Capital Mid Cap Fund (XIRR 11.8% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both ITI Mid Cap Fund and WhiteOak Capital Mid Cap Fund?
Yes. 29.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ITI Mid Cap Fund and WhiteOak Capital Mid Cap Fund?
ITI Mid Cap Fund: Alok Ranjan, Dhimant Shah. 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.