PGIM India Multi Asset Allocation Fund vs WhiteOak Capital Multi Asset Allocation Fund
Direct Plan, Growth option · Data as on 30-10-2026
PGIM India Multi Asset Allocation Fund and WhiteOak Capital Multi Asset Allocation Fund are both Multi Asset funds. PGIM India Multi Asset Allocation Fund charges 0.85% a year and WhiteOak Capital Multi Asset Allocation Fund 0.65% (Direct plans). Their portfolios overlap 19.9%: they hold 43 of the same securities.
PGIM India Multi Asset Allocation Fund
Multi Asset
- Expense ratio
- 0.85%
- NAV
- ₹10.12
WhiteOak Capital Multi Asset Allocation Fund
Multi Asset
- Expense ratio
- 0.65%
- NAV
- ₹16.30
Which is better, PGIM India Multi Asset Allocation or WhiteOak Capital Multi Asset Allocation? 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 Multi Asset Allocation costs less: 0.65% a year against 0.85% (Direct plans).
- WhiteOak Capital Multi Asset Allocation fell less in its worst fall since 03-12-2025: −6.1% against −12.1%.
- PGIM India Multi Asset Allocation holds more in large companies: 39.7% of the fund in large caps against 19.9%.
- WhiteOak Capital Multi Asset Allocation is the larger fund: ₹9,111 Cr against ₹324 Cr.
- Their portfolios overlap 19.9%: 43 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 | PGIM India Multi Asset Allocation Fund | WhiteOak Capital Multi Asset Allocation Fund |
|---|---|---|
| Fund house | PGIM India Mutual Fund | WhiteOak Capital Mutual Fund |
| Category | Multi Asset | Multi Asset |
| AUM | ₹324 Cr (30-09-2026) | ₹9,111 Cr (30-09-2026) |
| NAV | ₹10.12 (Direct) | ₹16.30 (Direct) |
| Expense ratio (Direct) | 0.85% | 0.65% |
| Expense ratio (Regular) | 2.56% | 1.67% |
| Riskometer | Very High | High |
| Benchmark | 60% Nifty 500 TRI + 20% Crisil Short Term Bond Index + 10% Domestic prices of Gold + 10% Domestic prices of Silver | 30% BSE 500 TRI + 50% CRISIL Short Term Bond Index + 16% Domestic prices of Gold + 1% Domestic prices of Silver + 3% iCO |
| Launch date | 28-11-2025 | 19-05-2023 |
| Minimum investment | ₹5,000 | ₹500 |
| Lock in | None | None |
| Fund managers | Vivek Sharma, Anandha Padmanabhan Anjeneyan, Utsav Mehta, and Mr. Puneet Pal | Ramesh Mantri, Piyush Baranwal, Dheeresh Pathak, Ashish Agrawal, Trupti Agrawal |
| Exit load | Exit load of 0.50%, if redeemed within 90 days | Nil |
PGIM India Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation: 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 |
|---|---|---|---|---|---|---|---|
| PGIM India Multi Asset Allocation Fund (Direct) | −2.32% | −4.26% | −2.03% | -- | -- | -- | -- |
| WhiteOak Capital Multi Asset Allocation Fund (Direct) | −1.16% | −1.15% | +1.63% | +6.03% | +16.11% | -- | -- |
| Multi Asset average | −1.71% | −3.33% | −1.78% | +2.00% | +14.20% | -- | -- |
Category average: the average of the 37 Multi Asset funds, same plan type.
PGIM India Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation: Year-wise Returns
| Year | PGIM IndiaPGIM India Multi Asset Allocation | WhiteOak CapitalWhiteOak Capital Multi Asset Allocation |
|---|---|---|
| 2026to date | −1.17% | +4.15% |
| 2025 | -- | +18.39% |
| 2024 | -- | +18.99% |
PGIM India Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation: Rolling Returns
Every holding period of both funds
PGIM India Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | PGIM India Multi Asset Allocation Fund (Direct) | WhiteOak Capital Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +1.44% | +15.15% |
| Standard deviation | 13.01% | 5.49% |
| Sharpe ratio | -0.29 | 1.64 |
| Sortino ratio | -0.38 | 2.34 |
| Maximum drawdown | −12.1% (23-03-2026) | −6.1% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-12-2025 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.
PGIM India Multi Asset Allocation Fund (Direct)
WhiteOak Capital Multi Asset Allocation Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| PGIM India Multi Asset Allocation Fund (Direct) | −12.1% | 29-01-2026 | 23-03-2026 | 25-08-2026 | 5 months | −7.4% |
| WhiteOak Capital Multi Asset Allocation Fund (Direct) | −6.1% | 02-03-2026 | 23-03-2026 | 16-06-2026 | 3 months | −3.8% |
From daily values since 03-12-2025, the first day every fund has.
PGIM India Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation: Portfolio Overlap
From each fund's latest monthly portfolio: PGIM India Multi Asset Allocation Fund, September 2026; WhiteOak Capital Multi Asset Allocation Fund, September 2026
Holdings in common
- Overlap
- 19.9%
- Held by both
- 43
- Only in PGIM India Multi Asset Allocation
- 47
- Only in WhiteOak Capital Multi Asset Allocation
- 157
| Security | % of PGIM India Multi Asset Allocation | % of WhiteOak Capital Multi Asset Allocation |
|---|---|---|
| ICICI Prudential Mutual Fund | 4.61% | 2.82% |
| ICICI Bank Ltd. | 2.76% | 2.89% |
| HDFC Bank Ltd. | 3.85% | 1.30% |
| Bharti Airtel Ltd. | 1.08% | 1.41% |
| Brookfield India Real Estate Trust | 0.94% | 1.59% |
| Nestle India Ltd. | 0.89% | 1.18% |
| Eternal Ltd. | 1.28% | 0.85% |
| State Bank of India | 2.24% | 0.83% |
| Reliance Industries Ltd. | 1.80% | 0.80% |
| Kotak Mahindra Bank Ltd. | 3.79% | 0.69% |
| Torrent Pharmaceuticals Ltd. | 0.94% | 0.60% |
| Titan Company Ltd. | 3.00% | 0.54% |
| Bharat Electronics Ltd. | 1.15% | 0.48% |
| NSE India Ltd. | 0.75% | 0.41% |
| Divi's Laboratories Ltd. | 0.93% | 0.37% |
| Infosys Ltd. | 1.57% | 0.34% |
| Mahindra & Mahindra Ltd. | 0.33% | 0.79% |
| Bajaj Finance Ltd. | 1.50% | 0.31% |
| Hindalco Industries Ltd. | 0.40% | 0.29% |
| Tata Consultancy Services Ltd. | 0.35% | 0.29% |
| Larsen & Toubro Ltd. | 1.74% | 0.28% |
| Tech Mahindra Ltd. | 1.07% | 0.27% |
| Max Healthcare Institute Ltd. | 1.06% | 0.24% |
| Persistent Systems Ltd. | 0.23% | 0.25% |
| Muthoot Finance Ltd. | 0.43% | 0.21% |
| Power Grid Corporation of India Ltd. | 0.52% | 0.20% |
| Info Edge (India) Ltd. | 0.43% | 0.17% |
| Cholamandalam Investment & Finance Company Ltd. | 0.45% | 0.15% |
| Power Finance Corporation Ltd. | 0.38% | 0.14% |
| CG Power and Industrial Solutions Ltd. | 0.71% | 0.12% |
| The Phoenix Mills Ltd. | 0.32% | 0.12% |
| Solar Industries India Ltd. | 1.63% | 0.11% |
| 360 One Wam Ltd. | 0.44% | 0.11% |
| Acutaas Chemicals Ltd. | 0.63% | 0.09% |
| TBO Tek Ltd. | 0.50% | 0.09% |
| Navin Fluorine International Ltd. | 0.82% | 0.08% |
| Vishal Mega Mart Ltd | 0.75% | 0.08% |
| Mankind Pharma Ltd. | 0.84% | 0.06% |
| Horizon Industrial Parks Ltd. | 0.55% | 0.06% |
| ICICI Prudential Asset Mgmt Co Ltd. | 0.57% | 0.05% |
| JSW Steel Ltd. | 0.46% | 0.05% |
| SBI Life Insurance Company Ltd. | 0.37% | 0.04% |
| Ajanta Pharma Ltd. | 0.38% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 19.9% means 19.9% 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 PGIM India Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| 6.01% Government of India | 6.01% |
| SBI Mutual Fund | 4.61% |
| HDFC Mutual Fund | 4.61% |
| 91 DAYS TBILL RED 01-10-2026 | 3.09% |
| ICICI Prudential Mutual Fund | 2.89% |
Largest holdings only in WhiteOak Capital Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| Nexus Select Trust - REIT | 3.64% |
| Embassy Office Parks REIT | 2.88% |
| Cube Highways Trust-InvIT Fund | 2.53% |
| Knowledge Realty Trust | 2.18% |
| 6.94% Government of India (11/05/2036) | 2.16% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | PGIM India Multi Asset Allocation | WhiteOak Capital Multi Asset Allocation |
|---|---|---|
| Equity | 65.2% | 28.2% |
| Debt | 10.3% | 31.0% |
| Cash and others | 24.5% | 40.8% |
Market cap of stocks
| Market cap | PGIM India Multi Asset Allocation | WhiteOak Capital Multi Asset Allocation |
|---|---|---|
| Large Cap | 39.7% | 19.9% |
| Mid Cap | 20.3% | 3.1% |
| Small Cap | 3.9% | 3.5% |
| Foreign stocks | 0.0% | 0.4% |
| Not on AMFI's list | 1.3% | 1.4% |
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 | PGIM India Multi Asset Allocation | WhiteOak Capital Multi Asset Allocation |
|---|---|---|
| Banks | 14.0% | 6.2% |
| Pharmaceuticals & Biotechnology | 4.7% | 1.9% |
| Consumer Durables | 4.3% | 1.0% |
| Retailing | 3.8% | 1.3% |
| Auto Components | 3.5% | 0.1% |
| IT - Software | 3.2% | 2.0% |
| Finance | 3.2% | 1.7% |
| Telecom - Services | 1.7% | 1.4% |
| Food Products | 1.3% | 1.4% |
The six largest sectors of each fund's stocks, % of the fund.
PGIM India Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | PGIM India Multi Asset Allocation Fund | WhiteOak Capital Multi Asset Allocation Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.85% | 0.65% |
| Base expense ratio (Direct) | 0.54% | 0.38% |
| Total expense ratio (Regular) | 2.56% | 1.67% |
| Base expense ratio (Regular) | 1.99% | 1.25% |
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 PGIM India Multi Asset Allocation with
Compare WhiteOak Capital Multi Asset Allocation with
PGIM India Multi Asset Allocation Fund vs WhiteOak Capital Multi Asset Allocation Fund: Frequently Asked Questions
What is the difference between PGIM India Multi Asset Allocation Fund and WhiteOak Capital Multi Asset Allocation Fund?
Both are Multi Asset funds, run by PGIM India Mutual Fund and WhiteOak Capital Mutual Fund. Their portfolios overlap 19.9%. PGIM India Multi Asset Allocation Fund charges 0.85% a year and WhiteOak Capital Multi Asset Allocation Fund 0.65%.
Which has the lower expense ratio, PGIM India Multi Asset Allocation Fund or WhiteOak Capital Multi Asset Allocation Fund?
WhiteOak Capital Multi Asset Allocation Fund charges less: 0.65% a year against 0.85%. These are the Direct plans' total expense ratios reported to AMFI.
How much do PGIM India Multi Asset Allocation Fund and WhiteOak Capital Multi Asset Allocation Fund overlap?
19.9%. They hold 43 of the same securities, the largest shared ones being GOLDIETF, ICICIBANK, HDFCBANK. From each fund's latest monthly portfolio.
Which is riskier, PGIM India Multi Asset Allocation Fund or WhiteOak Capital Multi Asset Allocation Fund?
On SEBI's riskometer, PGIM India Multi Asset Allocation Fund is rated Very High and WhiteOak Capital Multi Asset Allocation Fund High. Over their common history, the standard deviation of daily returns was 13.01% and 5.49% a year.
Can I invest in both PGIM India Multi Asset Allocation Fund and WhiteOak Capital Multi Asset Allocation Fund?
Yes. 19.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages PGIM India Multi Asset Allocation Fund and WhiteOak Capital Multi Asset Allocation Fund?
PGIM India Multi Asset Allocation Fund: Vivek Sharma, Anandha Padmanabhan Anjeneyan, Utsav Mehta, and Mr. Puneet Pal. WhiteOak Capital Multi Asset Allocation Fund: Ramesh Mantri, Piyush Baranwal, Dheeresh Pathak, Ashish Agrawal, Trupti 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.