JioBlackRock Nifty Midcap 150 Index Fund vs WhiteOak Capital Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
JioBlackRock Nifty Midcap 150 Index Fund is an Index fund and WhiteOak Capital Mid Cap Fund is a Mid Cap fund. In the year to 30-10-2026, JioBlackRock Nifty Midcap 150 Index Fund (Direct) returned −4.6% and WhiteOak Capital Mid Cap Fund (Direct) returned 3.6%. JioBlackRock Nifty Midcap 150 Index Fund charges 0.40% a year and WhiteOak Capital Mid Cap Fund 0.93% (Direct plans). Their portfolios overlap 37.8%: they hold 59 of the same securities.
JioBlackRock Nifty Midcap 150 Index Fund
Index
- 1 year return
- −4.6%
- Expense ratio
- 0.40%
- NAV
- ₹9.92
WhiteOak Capital Mid Cap Fund
Mid Cap
- 1 year return
- 3.6%
- Expense ratio
- 0.93%
- NAV
- ₹21.98
Which is better, JioBlackRock 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.
- WhiteOak Capital Mid Cap returned more over 1 year: 3.6% against −4.6%.
- JioBlackRock Nifty Midcap 150 Index costs less: 0.40% a year against 0.93% (Direct plans).
- JioBlackRock Nifty Midcap 150 Index fell less in its worst fall since 22-08-2025: −14.0% against −14.0%.
- WhiteOak Capital Mid Cap is the larger fund: ₹7,540 Cr against ₹266 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 | JioBlackRock Nifty Midcap 150 Index Fund | WhiteOak Capital Mid Cap Fund |
|---|---|---|
| Fund house | Jio BlackRock Mutual Fund | WhiteOak Capital Mutual Fund |
| Category | Index | Mid Cap |
| AUM | ₹266 Cr (30-09-2026) | ₹7,540 Cr (30-09-2026) |
| NAV | ₹9.92 (Direct) | ₹21.98 (Direct) |
| Expense ratio (Direct) | 0.40% | 0.93% |
| Expense ratio (Regular) | 1.36% | 2.24% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Midcap 150 TRI | BSE Midcap 150 TRI |
| Launch date | 18-08-2025 | 07-09-2022 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Tanvi Kacheria, Anand Shah, Haresh Mehta | Ramesh Mantri, Piyush Baranwal, Trupti Agrawal, Dheeresh Pathak, Ashish Agrawal |
| Exit load | Nil | Nil |
JioBlackRock 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 |
|---|---|---|---|---|---|---|---|
| JioBlackRock Nifty Midcap 150 Index Fund (Direct) | −3.71% | −8.57% | −4.13% | −4.62% | -- | -- | -- |
| 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.
JioBlackRock Nifty Midcap 150 Index vs WhiteOak Capital Mid Cap: Year-wise Returns
| Year | JioBlackRock Nifty Midcap 150 IndexJioBlackRock Nifty Midcap 150 Index | WhiteOak Capital Mid CapWhiteOak Capital Mid Cap |
|---|---|---|
| 2026to date | −5.17% | +3.98% |
| 2025 | -- | +6.68% |
| 2024 | -- | +35.48% |
| 2023 | -- | +43.99% |
JioBlackRock Nifty Midcap 150 Index vs WhiteOak Capital Mid Cap: Rolling Returns
Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of JioBlackRock Nifty Midcap 150 Index Fund
Rolling returns
Every 1-year holding period, 45 of them, one for each trading day from 24-08-2026 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.
JioBlackRock Nifty Midcap 150 Index Fund (Direct)
WhiteOak Capital Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
to
Aug 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JioBlackRock Nifty Midcap 150 Index | 22.2 | 37.8 | 26.7 | 13.3 | 0.0 | 0.0 | 0.0 | 4.1% | 4.3% | −5.8% | 13.8% | 0% |
| WhiteOak Capital Mid Cap | 0.0 | 13.3 | 17.8 | 40.0 | 24.4 | 4.4 | 0.0 | 12.1% | 12.6% | 1.5% | 20.7% | 100% |
| Nifty Midcap 150 TRI | 20.0 | 33.3 | 31.1 | 15.6 | 0.0 | 0.0 | 0.0 | 4.4% | 4.6% | −5.5% | 14.1% | -- |
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 22-08-2025. Past returns do not promise future returns.
JioBlackRock Nifty Midcap 150 Index 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 22-08-2025 to 30-10-2026: 15 instalments, ₹1,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| JioBlackRock Nifty Midcap 150 IndexJioBlackRock Nifty Midcap 150 Index Fund (Direct) | ₹1,50,000 | ₹1,44,591 | −₹5,409 | −5.5% |
| WhiteOak Capital Mid CapWhiteOak Capital Mid Cap Fund (Direct) | ₹1,50,000 | ₹1,55,675 | ₹5,675 | 5.7% |
JioBlackRock Nifty Midcap 150 IndexJioBlackRock Nifty Midcap 150 Index 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.
JioBlackRock 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 | JioBlackRock Nifty Midcap 150 Index Fund (Direct) | WhiteOak Capital Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.62% | +3.63% |
| Standard deviation | 16.57% | 15.20% |
| Sharpe ratio | -0.60 | -0.11 |
| Sortino ratio | -0.80 | -0.15 |
| Maximum drawdown | −14.0% (30-03-2026) | −14.0% (23-03-2026) |
| Beta | 1.00 | 0.90 |
| Alpha | −0.25% | +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 | JioBlackRock Nifty Midcap 150 Index Fund (Direct) | WhiteOak Capital Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.28% | +20.72% |
| Standard deviation | 15.79% | 14.65% |
| Sharpe ratio | -0.42 | 0.99 |
| Sortino ratio | -0.56 | 1.36 |
| Maximum drawdown | −14.0% (30-03-2026) | −19.3% (07-04-2025) |
| Beta | 1.00 | 0.89 |
| Alpha | −0.33% | +6.96% |
From daily NAVs, 22-08-2025 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.
JioBlackRock Nifty Midcap 150 Index 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 |
|---|---|---|---|---|---|---|
| JioBlackRock Nifty Midcap 150 Index Fund (Direct) | −14.0% | 07-01-2026 | 30-03-2026 | 07-05-2026 | 38 days | −10.6% |
| WhiteOak Capital Mid Cap Fund (Direct) | −14.0% | 20-11-2025 | 23-03-2026 | 06-05-2026 | 44 days | −8.2% |
| Nifty Midcap 150 TRI | −13.9% | 07-01-2026 | 30-03-2026 | 07-05-2026 | 38 days | −10.5% |
From daily values since 22-08-2025, 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.
JioBlackRock Nifty Midcap 150 Index Fund (Direct)
WhiteOak Capital Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
Against Nifty Midcap 150 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| JioBlackRock Nifty Midcap 150 Index Fund (Direct) | 99% | 101% | 0.14% |
| WhiteOak Capital Mid Cap Fund (Direct) | 116% | 88% | 3.81% |
From month-end values since 22-08-2025. 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.
JioBlackRock Nifty Midcap 150 Index vs WhiteOak Capital Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: JioBlackRock 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 JioBlackRock Nifty Midcap 150 Index
- 91
- Only in WhiteOak Capital Mid Cap
- 90
| Security | % of JioBlackRock Nifty Midcap 150 Index | % of WhiteOak Capital Mid Cap |
|---|---|---|
| Federal Bank Ltd | 1.94% | 2.50% |
| Laurus Labs Ltd | 1.90% | 2.20% |
| Coforge Ltd | 1.50% | 2.73% |
| Bharat Heavy Electricals Ltd | 1.49% | 1.86% |
| Lenskart Solutions Ltd | 1.24% | 1.66% |
| IndusInd Bank Ltd | 1.47% | 1.20% |
| Info Edge (India) Ltd | 1.17% | 1.87% |
| Multi Commodity Exchange Of India Ltd | 2.08% | 1.07% |
| Marico Ltd | 1.03% | 1.45% |
| Persistent Systems Ltd | 1.42% | 1.01% |
| Fortis Healthcare Ltd | 0.99% | 1.58% |
| PB Fintech Ltd | 0.93% | 1.18% |
| Max Financial Services Ltd | 0.90% | 2.48% |
| Phoenix Mills Ltd | 0.89% | 1.95% |
| FSN E-Commerce Ventures Ltd | 1.08% | 0.87% |
| Alkem Laboratories Ltd | 0.77% | 0.84% |
| National Aluminium Co Ltd | 0.75% | 1.12% |
| Ge Vernova T&D India Ltd | 1.29% | 0.73% |
| REC Ltd | 0.92% | 0.72% |
| Vishal Mega Mart Ltd | 0.70% | 1.96% |
| KEI Industries Ltd | 0.68% | 1.22% |
| 360 One Wam Ltd | 0.67% | 1.53% |
| IPCA Laboratories Ltd | 0.66% | 1.33% |
| Tube Investments of India Ltd | 0.63% | 0.89% |
| EMBASSY OFFICE PARKS REIT | 0.94% | 0.61% |
| Oil India Ltd | 0.60% | 0.62% |
| One 97 Communications Ltd | 1.78% | 0.60% |
| Mankind Pharma Ltd | 0.70% | 0.58% |
| Jindal Stainless Ltd | 0.58% | 0.95% |
| Page Industries Ltd | 0.57% | 0.80% |
| Godrej Properties Ltd | 0.54% | 0.55% |
| Mahindra & Mahindra Financial Services Ltd | 0.53% | 1.03% |
| Hindustan Petroleum Corporation Ltd | 0.83% | 0.53% |
| JSW Infrastructure Ltd | 0.53% | 0.94% |
| Coromandel International Ltd | 0.52% | 0.62% |
| Meesho Ltd | 0.52% | 0.74% |
| Billionbrains Garage Ventures Ltd | 0.65% | 0.49% |
| Colgate Palmolive (India) Ltd | 0.57% | 0.47% |
| Aditya Birla Capital Ltd | 0.80% | 0.42% |
| Hero MotoCorp Ltd | 1.68% | 0.41% |
| Ajanta Pharma Ltd | 0.41% | 1.32% |
| Supreme Industries Ltd | 0.55% | 0.39% |
| Motilal Oswal Financial Services Ltd | 0.39% | 2.05% |
| Bank of India | 0.39% | 0.63% |
| AIA Engineering Ltd | 0.37% | 1.12% |
| NMDC Ltd | 0.65% | 0.37% |
| Abbott India Ltd | 0.35% | 0.75% |
| Oracle Financial Services Software Ltd | 0.63% | 0.34% |
| Berger Paints India Ltd | 0.32% | 1.39% |
| Narayana Hrudayalaya Ltd | 0.31% | 0.52% |
| Bharti Hexacom Ltd | 0.26% | 2.78% |
| Endurance Technologies Ltd | 0.23% | 0.32% |
| Anthem Biosciences Ltd | 0.23% | 0.30% |
| AU Small Finance Bank Ltd | 1.45% | 0.15% |
| ICICI Lombard General Insurance Co Ltd | 0.96% | 0.13% |
| Godrej Industries Ltd | 0.11% | 0.47% |
| ICICI Prudential Life Insurance Co Ltd | 0.43% | 0.05% |
| Petronet LNG Ltd | 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 JioBlackRock Nifty Midcap 150 Index Fund
| Security | % of fund |
|---|---|
| Indian Hotels Co Ltd | 1.58% |
| Dixon Technologies (India) Ltd | 1.35% |
| IDFC First Bank Ltd | 1.34% |
| Bharat Forge Ltd | 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 | JioBlackRock Nifty Midcap 150 Index | WhiteOak Capital Mid Cap |
|---|---|---|
| Equity | 99.3% | 85.0% |
| Debt | 0.0% | 4.2% |
| Cash and others | 0.7% | 10.8% |
Market cap of stocks
| Market cap | JioBlackRock Nifty Midcap 150 Index | WhiteOak Capital Mid Cap |
|---|---|---|
| Large Cap | 5.7% | 4.7% |
| Mid Cap | 91.0% | 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 | JioBlackRock 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.
JioBlackRock Nifty Midcap 150 Index vs WhiteOak Capital Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | JioBlackRock Nifty Midcap 150 Index Fund | WhiteOak Capital Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.40% | 0.93% |
| Base expense ratio (Direct) | 0.19% | 0.43% |
| Total expense ratio (Regular) | 1.36% | 2.24% |
| Base expense ratio (Regular) | 0.72% | 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
JioBlackRock Nifty Midcap 150 Index Fund vs WhiteOak Capital Mid Cap Fund: Frequently Asked Questions
What is the difference between JioBlackRock Nifty Midcap 150 Index Fund and WhiteOak Capital Mid Cap Fund?
JioBlackRock Nifty Midcap 150 Index Fund is an Index fund, WhiteOak Capital Mid Cap Fund is a Mid Cap fund, run by Jio BlackRock Mutual Fund and WhiteOak Capital Mutual Fund. Their portfolios overlap 37.8%. JioBlackRock Nifty Midcap 150 Index Fund charges 0.40% a year and WhiteOak Capital Mid Cap Fund 0.93%.
Which has given higher returns, JioBlackRock Nifty Midcap 150 Index Fund or WhiteOak Capital Mid Cap Fund?
Over 1 year: JioBlackRock Nifty Midcap 150 Index Fund −4.62%, WhiteOak Capital Mid Cap Fund +3.63%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, JioBlackRock Nifty Midcap 150 Index Fund or WhiteOak Capital Mid Cap Fund?
JioBlackRock Nifty Midcap 150 Index Fund charges less: 0.40% a year against 0.93%. These are the Direct plans' total expense ratios reported to AMFI.
How much do JioBlackRock 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, JioBlackRock Nifty Midcap 150 Index Fund or WhiteOak Capital Mid Cap Fund?
On SEBI's riskometer, JioBlackRock Nifty Midcap 150 Index Fund is rated Very High and WhiteOak Capital Mid Cap Fund Very High. Over 1 years, the standard deviation of daily returns was 16.57% and 15.20% a year.
Can I invest in both JioBlackRock 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 JioBlackRock Nifty Midcap 150 Index Fund and WhiteOak Capital Mid Cap Fund?
JioBlackRock Nifty Midcap 150 Index Fund: Tanvi Kacheria, Anand Shah, Haresh Mehta. 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.