JM Large Cap Fund vs WhiteOak Capital Large Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
JM Large Cap Fund and WhiteOak Capital Large Cap Fund are both Large Cap funds. In the 3 years to 30-10-2026, JM Large Cap Fund (Direct) returned 10.5% a year and WhiteOak Capital Large Cap Fund (Direct) returned 13.2% a year. JM Large Cap Fund charges 1.19% a year and WhiteOak Capital Large Cap Fund 0.92% (Direct plans). Their portfolios overlap 44.0%: they hold 28 of the same securities.
WhiteOak Capital Large Cap Fund
Large Cap
- 3 year return
- 13.2%
- Expense ratio
- 0.92%
- NAV
- ₹15.19
Which is better, JM Large Cap or WhiteOak Capital Large 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 Large Cap returned more over 3 years: 13.2% a year against 10.5%.
- WhiteOak Capital Large Cap returned more over 1 year: −5.4% against −5.7%.
- WhiteOak Capital Large Cap costs less: 0.92% a year against 1.19% (Direct plans).
- WhiteOak Capital Large Cap swung less over 3 years: a standard deviation of 13.3% a year against 14.9%.
- WhiteOak Capital Large Cap fell less in its worst fall since 02-12-2022: −15.3% against −19.8%.
- WhiteOak Capital Large Cap is the larger fund: ₹1,208 Cr against ₹356 Cr.
- Their portfolios overlap 44.0%: 28 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 | JM Large Cap Fund | WhiteOak Capital Large Cap Fund |
|---|---|---|
| Fund house | JM Financial Mutual Fund | WhiteOak Capital Mutual Fund |
| Category | Large Cap | Large Cap |
| AUM | ₹356 Cr (30-09-2026) | ₹1,208 Cr (30-09-2026) |
| NAV | ₹171.67 (Direct) | ₹15.19 (Direct) |
| Expense ratio (Direct) | 1.19% | 0.92% |
| Expense ratio (Regular) | 2.67% | 2.48% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 100 TRI | BSE 100 TRI |
| Launch date | 01-04-1995 | 01-12-2022 |
| Minimum investment | ₹1,000 | ₹500 |
| Lock in | None | None |
| Fund managers | Deepak Gupta, Asit Bhandarkar, Satish Ramanathan, Ruchi Fozdar | Ramesh Mantri, Piyush Baranwal, Trupti Agrawal, Dheeresh Pathak, Ashish Agrawal |
| Exit load | Exit load of 1%, if redeemed within 30 days. | Nil |
JM Large Cap vs WhiteOak Capital Large 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 |
|---|---|---|---|---|---|---|---|
| JM Large Cap Fund (Direct) | +0.56% | −3.71% | +0.05% | −5.72% | +10.48% | +9.46% | +11.44% |
| WhiteOak Capital Large Cap Fund (Direct) | +0.84% | −4.90% | −0.27% | −5.44% | +13.22% | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | -- | -- |
Category average: the average of the 35 Large Cap funds, same plan type.
JM Large Cap vs WhiteOak Capital Large Cap: Year-wise Returns
| Year | JMJM Large Cap | WhiteOak CapitalWhiteOak Capital Large Cap | BSE 100 TRI |
|---|---|---|---|
| 2026to date | −6.23% | −6.13% | −9.68% |
| 2025 | +5.51% | +9.49% | +10.49% |
| 2024 | +16.81% | +22.98% | +13.31% |
| 2023 | +30.52% | +25.35% | +23.23% |
| 2022 | +4.17% | -- | +6.03% |
| 2021 | +24.56% | -- | +26.53% |
JM Large Cap vs WhiteOak Capital Large Cap: Rolling Returns
Every holding period of both funds, against BSE 100 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 224 of them, one for each trading day from 02-12-2025 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.
JM Large Cap Fund (Direct)
WhiteOak Capital Large Cap Fund (Direct)
BSE 100 TRI
to
Dec 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 2026Oct 2023
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JM Large Cap | 0.0 | 0.0 | 9.8 | 50.0 | 40.2 | 0.0 | 0.0 | 14.0% | 13.9% | 8.6% | 18.3% | 100% |
| WhiteOak Capital Large Cap | 0.0 | 0.0 | 0.0 | 33.0 | 62.5 | 4.5 | 0.0 | 16.3% | 15.8% | 11.5% | 20.5% | 100% |
| BSE 100 TRI | 0.0 | 0.0 | 19.2 | 62.1 | 18.8 | 0.0 | 0.0 | 12.1% | 11.9% | 7.0% | 16.3% | -- |
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 BSE 100 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 02-12-2022. Past returns do not promise future returns.
JM Large Cap vs WhiteOak Capital Large 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 01-12-2022 to 30-10-2026: 47 instalments, ₹4,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| JM Large CapJM Large Cap Fund (Direct) | ₹4,70,000 | ₹5,25,292 | ₹55,292 | 5.6% |
| WhiteOak Capital Large CapWhiteOak Capital Large Cap Fund (Direct) | ₹4,70,000 | ₹5,49,859 | ₹79,859 | 8.0% |
JM Large CapJM Large Cap Fund (Direct)
WhiteOak Capital Large CapWhiteOak Capital Large 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.
JM Large Cap vs WhiteOak Capital Large Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | JM Large Cap Fund (Direct) | WhiteOak Capital Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.72% | −5.44% |
| Standard deviation | 14.51% | 12.81% |
| Sharpe ratio | -0.76 | -0.83 |
| Sortino ratio | -1.01 | -1.11 |
| Maximum drawdown | −14.5% (31-03-2026) | −13.9% (30-03-2026) |
| Beta | 1.02 | 0.91 |
| Alpha | +3.51% | +2.22% |
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 | JM Large Cap Fund (Direct) | WhiteOak Capital Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.48% | +13.22% |
| Standard deviation | 14.91% | 13.27% |
| Sharpe ratio | 0.30 | 0.54 |
| Sortino ratio | 0.40 | 0.75 |
| Maximum drawdown | −19.8% (28-02-2025) | −15.3% (28-02-2025) |
| Beta | 1.06 | 0.96 |
| Alpha | +1.33% | +4.37% |
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 | JM Large Cap Fund (Direct) | WhiteOak Capital Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.86% | +11.46% |
| Standard deviation | 13.37% | 12.47% |
| Sharpe ratio | 0.43 | 0.42 |
| Sortino ratio | 0.60 | 0.58 |
| Maximum drawdown | −19.8% (28-02-2025) | −15.3% (28-02-2025) |
| Beta | 0.77 | 0.96 |
| Alpha | +1.17% | +3.59% |
From daily NAVs, 02-01-2013 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.
JM Large Cap Fund (Direct)
WhiteOak Capital Large Cap Fund (Direct)
BSE 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| JM Large Cap Fund (Direct) | −19.8% | 27-09-2024 | 28-02-2025 | Not yet | -- | −9.9% |
| WhiteOak Capital Large Cap Fund (Direct) | −15.3% | 26-09-2024 | 28-02-2025 | 27-06-2025 | 4 months | −7.2% |
| BSE 100 TRI | −16.7% | 26-09-2024 | 28-02-2025 | 20-11-2025 | 9 months | −10.4% |
From daily values since 02-12-2022, 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.
JM Large Cap Fund (Direct)
WhiteOak Capital Large Cap Fund (Direct)
BSE 100 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.
JM Large Cap Fund (Direct)
WhiteOak Capital Large Cap Fund (Direct)
BSE 100 TRI
Against BSE 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| JM Large Cap Fund (Direct) | 106% | 95% | 4.14% |
| WhiteOak Capital Large Cap Fund (Direct) | 108% | 89% | 2.55% |
From month-end values since 02-12-2022. 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.
JM Large Cap vs WhiteOak Capital Large Cap: Portfolio Overlap
From each fund's latest monthly portfolio: JM Large Cap Fund, September 2026; WhiteOak Capital Large Cap Fund, September 2026
Holdings in common
- Overlap
- 44.0%
- Held by both
- 28
- Only in JM Large Cap
- 21
- Only in WhiteOak Capital Large Cap
- 49
| Security | % of JM Large Cap | % of WhiteOak Capital Large Cap |
|---|---|---|
| Bharti Airtel Limited | 3.88% | 5.43% |
| ICICI Bank Limited | 3.56% | 9.71% |
| State Bank of India | 4.56% | 3.36% |
| Kotak Mahindra Bank Limited | 3.15% | 3.41% |
| Reliance Industries Limited | 3.36% | 3.00% |
| HDFC Bank Limited | 2.69% | 6.32% |
| Titan Company Limited | 2.50% | 2.65% |
| Mahindra & Mahindra Limited | 2.47% | 3.27% |
| Axis Bank Limited | 2.88% | 2.11% |
| Eternal Limited | 2.03% | 3.32% |
| Larsen & Toubro Limited | 2.90% | 1.85% |
| Maruti Suzuki India Limited | 1.77% | 2.18% |
| Tech Mahindra Limited | 1.76% | 1.77% |
| Bharat Electronics Limited | 1.32% | 2.00% |
| Divi's Laboratories Limited | 2.08% | 1.22% |
| Solar Industries India Limited | 1.19% | 1.22% |
| Bajaj Finance Limited | 2.79% | 1.03% |
| Tata Consumer Products Limited | 1.67% | 0.74% |
| Torrent Pharmaceuticals Limited | 2.80% | 0.72% |
| Adani Enterprises Limited | 1.16% | 0.63% |
| Billionbrains Garage Ventures Ltd. | 1.30% | 0.61% |
| SBI Funds Management Ltd | 1.14% | 0.51% |
| CG Power And Industrial Solutions Ltd | 1.10% | 0.50% |
| Tata Steel Limited | 1.23% | 0.46% |
| Vedanta Aluminium Metal Limited | 1.74% | 0.45% |
| Cummins India Limited | 1.37% | 0.37% |
| Infosys Limited | 1.15% | 0.09% |
| LTM Limited | 1.32% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.0% means 44.0% 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 JM Large Cap Fund
| Security | % of fund |
|---|---|
| Adani Port & Special Economic Zone Ltd | 2.88% |
| Apollo Hospitals Enterprise Limited | 2.70% |
| One 97 Communications Limited | 2.69% |
| Shriram Finance Limited | 2.44% |
| TVS Motor Company Limited | 2.25% |
Largest holdings only in WhiteOak Capital Large Cap Fund
| Security | % of fund |
|---|---|
| Nestle India Limited | 4.49% |
| Nexus Select Trust - REIT | 2.09% |
| Coforge Limited | 1.46% |
| Hindalco Industries Limited | 1.39% |
| Embassy Office Parks REIT | 1.22% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | JM Large Cap | WhiteOak Capital Large Cap |
|---|---|---|
| Equity | 95.8% | 87.9% |
| Debt | 0.0% | 3.1% |
| Cash and others | 4.2% | 9.0% |
Market cap of stocks
| Market cap | JM Large Cap | WhiteOak Capital Large Cap |
|---|---|---|
| Large Cap | 81.1% | 77.5% |
| Mid Cap | 13.5% | 6.7% |
| Small Cap | 0.1% | 1.9% |
| Not on AMFI's list | 1.1% | 1.7% |
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 | JM Large Cap | WhiteOak Capital Large Cap |
|---|---|---|
| Banks | 16.9% | 25.5% |
| Automobiles | 8.3% | 5.8% |
| Pharmaceuticals & Biotechnology | 6.3% | 3.6% |
| Finance | 5.2% | 6.2% |
| Telecom - Services | 3.9% | 5.4% |
| Capital Markets | 5.1% | 2.4% |
| IT - Software | 4.2% | 5.1% |
| Retailing | 2.0% | 5.0% |
The six largest sectors of each fund's stocks, % of the fund.
JM Large Cap vs WhiteOak Capital Large Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | JM Large Cap Fund | WhiteOak Capital Large Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.19% | 0.92% |
| Base expense ratio (Direct) | 0.82% | 0.55% |
| Total expense ratio (Regular) | 2.67% | 2.48% |
| Base expense ratio (Regular) | 2.10% | 1.87% |
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 JM Large Cap with
JM Large Cap Fund vs WhiteOak Capital Large Cap Fund: Frequently Asked Questions
What is the difference between JM Large Cap Fund and WhiteOak Capital Large Cap Fund?
Both are Large Cap funds, run by JM Financial Mutual Fund and WhiteOak Capital Mutual Fund. Their portfolios overlap 44.0%. JM Large Cap Fund charges 1.19% a year and WhiteOak Capital Large Cap Fund 0.92%.
Which has given higher returns, JM Large Cap Fund or WhiteOak Capital Large Cap Fund?
Over 1 year: JM Large Cap Fund −5.72%, WhiteOak Capital Large Cap Fund −5.44%. Over 3 years: JM Large Cap Fund +10.48% a year, WhiteOak Capital Large Cap Fund +13.22% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, JM Large Cap Fund or WhiteOak Capital Large Cap Fund?
WhiteOak Capital Large Cap Fund charges less: 0.92% a year against 1.19%. These are the Direct plans' total expense ratios reported to AMFI.
How much do JM Large Cap Fund and WhiteOak Capital Large Cap Fund overlap?
44.0%. They hold 28 of the same securities, the largest shared ones being BHARTIARTL, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, JM Large Cap Fund or WhiteOak Capital Large Cap Fund?
On SEBI's riskometer, JM Large Cap Fund is rated Very High and WhiteOak Capital Large Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 14.91% and 13.27% a year.
Which is better for SIP, JM Large Cap Fund or WhiteOak Capital Large Cap Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,78,372 in JM Large Cap Fund (XIRR 1.4% a year) and ₹3,94,768 in WhiteOak Capital Large Cap Fund (XIRR 4.2% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both JM Large Cap Fund and WhiteOak Capital Large Cap Fund?
Yes. 44.0% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages JM Large Cap Fund and WhiteOak Capital Large Cap Fund?
JM Large Cap Fund: Deepak Gupta, Asit Bhandarkar, Satish Ramanathan, Ruchi Fozdar. WhiteOak Capital Large 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.