Shriram Balanced Advantage Fund vs WhiteOak Capital Balanced Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Shriram Balanced Advantage Fund and WhiteOak Capital Balanced Advantage Fund are both Balanced Advantage funds. In the 3 years to 30-10-2026, Shriram Balanced Advantage Fund (Direct) returned 6.0% a year and WhiteOak Capital Balanced Advantage Fund (Direct) returned 11.4% a year. Shriram Balanced Advantage Fund charges 0.90% a year and WhiteOak Capital Balanced Advantage Fund 0.84% (Direct plans). Their portfolios overlap 30.1%: they hold 31 of the same securities.
Shriram Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 6.0%
- Expense ratio
- 0.90%
- NAV
- ₹18.32
WhiteOak Capital Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 11.4%
- Expense ratio
- 0.84%
- NAV
- ₹15.21
Which is better, Shriram Balanced Advantage or WhiteOak Capital Balanced Advantage? 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 Balanced Advantage returned more over 3 years: 11.4% a year against 6.0%.
- WhiteOak Capital Balanced Advantage returned more over 1 year: −0.6% against −5.0%.
- WhiteOak Capital Balanced Advantage costs less: 0.84% a year against 0.90% (Direct plans).
- WhiteOak Capital Balanced Advantage swung less over 3 years: a standard deviation of 8.3% a year against 10.0%.
- WhiteOak Capital Balanced Advantage fell less in its worst fall since 13-02-2023: −9.6% against −13.7%.
- WhiteOak Capital Balanced Advantage is the larger fund: ₹2,256 Cr against ₹41 Cr.
- Their portfolios overlap 30.1%: 31 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 | Shriram Balanced Advantage Fund | WhiteOak Capital Balanced Advantage Fund |
|---|---|---|
| Fund house | Shriram Mutual Fund | WhiteOak Capital Mutual Fund |
| Category | Balanced Advantage | Balanced Advantage |
| AUM | ₹41 Cr (30-09-2026) | ₹2,256 Cr (30-09-2026) |
| NAV | ₹18.32 (Direct) | ₹15.21 (Direct) |
| Expense ratio (Direct) | 0.90% | 0.84% |
| Expense ratio (Regular) | 2.57% | 2.25% |
| Riskometer | Very High | Very High |
| Benchmark | CRISIL Hybrid 50+50 - Moderate Index | CRISIL Hybrid 50+50 - Moderate Index |
| Launch date | 05-07-2019 | 10-02-2023 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Hitesh Savanth, Prateek Nigudkar, Amit Modani | Ramesh Mantri, Piyush Baranwal, Trupti Agrawal, Dheeresh Pathak, Ashish Agrawal |
| Exit load | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days. | Nil |
Shriram Balanced Advantage vs WhiteOak Capital Balanced Advantage: 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 |
|---|---|---|---|---|---|---|---|
| Shriram Balanced Advantage Fund (Direct) | +0.07% | −3.87% | −1.76% | −4.97% | +6.02% | +6.03% | -- |
| WhiteOak Capital Balanced Advantage Fund (Direct) | −0.45% | −2.43% | +2.18% | −0.57% | +11.37% | -- | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | -- | -- |
Category average: the average of the 38 Balanced Advantage funds, same plan type.
Shriram Balanced Advantage vs WhiteOak Capital Balanced Advantage: Year-wise Returns
| Year | ShriramShriram Balanced Advantage | WhiteOak CapitalWhiteOak Capital Balanced Advantage |
|---|---|---|
| 2026to date | −6.00% | −0.97% |
| 2025 | +1.23% | +8.62% |
| 2024 | +11.41% | +18.70% |
| 2023 | +21.45% | -- |
| 2022 | +4.57% | -- |
| 2021 | +11.46% | -- |
Shriram Balanced Advantage vs WhiteOak Capital Balanced Advantage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 174 of them, one for each trading day from 13-02-2026 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.
Shriram Balanced Advantage Fund (Direct)
WhiteOak Capital Balanced Advantage Fund (Direct)
to
Mar 2026Apr 2023
to
Apr 2026Jun 2023
to
Jun 2026Jul 2023
to
Jul 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shriram Balanced Advantage | 0.0 | 0.0 | 93.1 | 6.9 | 0.0 | 0.0 | 0.0 | 8.0% | 8.1% | 5.3% | 10.9% |
| WhiteOak Capital Balanced Advantage | 0.0 | 0.0 | 0.0 | 94.3 | 5.7 | 0.0 | 0.0 | 12.8% | 12.7% | 10.7% | 15.5% |
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. Every fund is measured over the days all of them have, from 13-02-2023. Past returns do not promise future returns.
Shriram Balanced Advantage vs WhiteOak Capital Balanced Advantage: 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 01-02-2023 to 30-10-2026: 45 instalments, ₹4,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Shriram Balanced AdvantageShriram Balanced Advantage Fund (Direct) | ₹4,50,000 | ₹4,67,421 | ₹17,421 | 2.0% |
| WhiteOak Capital Balanced AdvantageWhiteOak Capital Balanced Advantage Fund (Direct) | ₹4,50,000 | ₹5,23,912 | ₹73,912 | 8.1% |
Shriram Balanced AdvantageShriram Balanced Advantage Fund (Direct)
WhiteOak Capital Balanced AdvantageWhiteOak Capital Balanced Advantage 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.
Shriram Balanced Advantage vs WhiteOak Capital Balanced Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Shriram Balanced Advantage Fund (Direct) | WhiteOak Capital Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.97% | −0.57% |
| Standard deviation | 9.02% | 8.98% |
| Sharpe ratio | -1.13 | -0.65 |
| Sortino ratio | -1.51 | -0.87 |
| Maximum drawdown | −9.7% (30-03-2026) | −9.6% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Shriram Balanced Advantage Fund (Direct) | WhiteOak Capital Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.02% | +11.37% |
| Standard deviation | 10.03% | 8.34% |
| Sharpe ratio | -0.00 | 0.64 |
| Sortino ratio | -0.00 | 0.88 |
| Maximum drawdown | −13.7% (28-02-2025) | −9.6% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Shriram Balanced Advantage Fund (Direct) | WhiteOak Capital Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.63% | +12.11% |
| Standard deviation | 9.11% | 7.79% |
| Sharpe ratio | 0.38 | 0.76 |
| Sortino ratio | 0.51 | 1.06 |
| Maximum drawdown | −14.6% (23-03-2020) | −9.6% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 12-07-2019 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.
Shriram Balanced Advantage Fund (Direct)
WhiteOak Capital Balanced Advantage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Shriram Balanced Advantage Fund (Direct) | −13.7% | 27-09-2024 | 28-02-2025 | Not yet | -- | −9.2% |
| WhiteOak Capital Balanced Advantage Fund (Direct) | −9.6% | 20-11-2025 | 30-03-2026 | 06-07-2026 | 3 months | −4.2% |
From daily values since 13-02-2023, 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.
Shriram Balanced Advantage Fund (Direct)
WhiteOak Capital Balanced Advantage Fund (Direct)
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.
Shriram Balanced Advantage Fund (Direct)
WhiteOak Capital Balanced Advantage Fund (Direct)
Shriram Balanced Advantage vs WhiteOak Capital Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Shriram Balanced Advantage Fund, September 2026; WhiteOak Capital Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 30.1%
- Held by both
- 31
- Only in Shriram Balanced Advantage
- 46
- Only in WhiteOak Capital Balanced Advantage
- 109
| Security | % of Shriram Balanced Advantage | % of WhiteOak Capital Balanced Advantage |
|---|---|---|
| ICICI Bank Ltd. | 4.09% | 6.97% |
| HDFC Bank Ltd. | 4.97% | 3.93% |
| Bharti Airtel Ltd. | 2.85% | 2.87% |
| Mahindra & Mahindra Ltd. | 2.50% | 1.93% |
| State Bank of India | 3.06% | 1.90% |
| Reliance Industries Ltd. | 3.99% | 1.75% |
| Kotak Mahindra Bank Ltd. | 1.46% | 1.88% |
| Eternal Ltd. | 1.29% | 1.94% |
| Bharat Electronics Ltd. | 1.50% | 1.18% |
| Maruti Suzuki India Ltd. | 1.08% | 1.23% |
| Axis Bank Ltd. | 2.27% | 0.96% |
| Infosys Ltd. | 1.97% | 0.71% |
| Larsen & Toubro Ltd. | 1.10% | 0.71% |
| 6.54% GOVT OF INDIA RED 17-01-2032 | 4.85% | 0.59% |
| Tata Consultancy Services Ltd. | 1.08% | 0.58% |
| NTPC Ltd. | 1.02% | 0.53% |
| Power Grid Corporation of India Ltd. | 1.06% | 0.50% |
| Oil India Ltd. | 0.75% | 0.50% |
| Divi's Laboratories Ltd. | 0.64% | 0.50% |
| Sun Pharmaceutical Industries Ltd. | 2.39% | 0.44% |
| HCL Technologies Ltd. | 1.77% | 0.44% |
| Oil & Natural Gas Corporation Ltd. | 0.59% | 0.39% |
| Muthoot Finance Ltd. | 0.28% | 0.56% |
| Juniper Green Energy Ltd. | 0.26% | 1.22% |
| SBI Life Insurance Company Ltd. | 1.28% | 0.25% |
| Cipla Ltd. | 0.87% | 0.24% |
| Kirloskar Oil Engines Ltd. | 0.76% | 0.23% |
| PB Fintech Ltd. | 0.21% | 0.22% |
| Ajanta Pharma Ltd. | 0.65% | 0.20% |
| Rainbow Children's Medicare Ltd. | 0.91% | 0.08% |
| SBI Funds Management Ltd. | 0.02% | 0.05% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 30.1% means 30.1% 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 Shriram Balanced Advantage Fund
| Security | % of fund |
|---|---|
| 8.54% REC LTD NCD RED 15-11-28 | 6.16% |
| BANK OF BARODA CD RED 12-02-27 | 5.96% |
| UNION BANK OF INDIA CD RED 22-02-2027 | 4.76% |
| ITC Ltd. | 2.30% |
| Bajaj Holdings & Investment Ltd. | 1.56% |
Largest holdings only in WhiteOak Capital Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Embassy Office Parks REIT | 2.82% |
| Nexus Select Trust - REIT | 2.71% |
| Nestle India Limited | 2.51% |
| Coforge Limited | 2.47% |
| 7.77% Bajaj Finance Limited (17/04/2029) | 1.75% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Shriram Balanced Advantage | WhiteOak Capital Balanced Advantage |
|---|---|---|
| Equity | 69.4% | 66.1% |
| Debt | 21.7% | 17.2% |
| Cash and others | 8.9% | 16.7% |
Market cap of stocks
| Market cap | Shriram Balanced Advantage | WhiteOak Capital Balanced Advantage |
|---|---|---|
| Large Cap | 54.5% | 45.8% |
| Mid Cap | 4.6% | 7.4% |
| Small Cap | 9.9% | 8.9% |
| Not on AMFI's list | 0.3% | 4.0% |
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 | Shriram Balanced Advantage | WhiteOak Capital Balanced Advantage |
|---|---|---|
| Banks | 15.8% | 15.6% |
| IT - Software | 4.8% | 5.8% |
| Automobiles | 4.9% | 3.2% |
| Pharmaceuticals & Biotechnology | 4.8% | 4.3% |
| Petroleum Products | 4.5% | 1.8% |
| Finance | 2.3% | 3.6% |
| Retailing | 1.5% | 3.0% |
| Telecom - Services | 2.9% | 2.9% |
The six largest sectors of each fund's stocks, % of the fund.
Shriram Balanced Advantage vs WhiteOak Capital Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Shriram Balanced Advantage Fund | WhiteOak Capital Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.90% | 0.84% |
| Base expense ratio (Direct) | 0.64% | 0.54% |
| Total expense ratio (Regular) | 2.57% | 2.25% |
| Base expense ratio (Regular) | 2.09% | 1.74% |
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 Shriram Balanced Advantage with
Compare WhiteOak Capital Balanced Advantage with
Shriram Balanced Advantage Fund vs WhiteOak Capital Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Shriram Balanced Advantage Fund and WhiteOak Capital Balanced Advantage Fund?
Both are Balanced Advantage funds, run by Shriram Mutual Fund and WhiteOak Capital Mutual Fund. Their portfolios overlap 30.1%. Shriram Balanced Advantage Fund charges 0.90% a year and WhiteOak Capital Balanced Advantage Fund 0.84%.
Which has given higher returns, Shriram Balanced Advantage Fund or WhiteOak Capital Balanced Advantage Fund?
Over 1 year: Shriram Balanced Advantage Fund −4.97%, WhiteOak Capital Balanced Advantage Fund −0.57%. Over 3 years: Shriram Balanced Advantage Fund +6.02% a year, WhiteOak Capital Balanced Advantage Fund +11.37% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Shriram Balanced Advantage Fund or WhiteOak Capital Balanced Advantage Fund?
WhiteOak Capital Balanced Advantage Fund charges less: 0.84% a year against 0.90%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Shriram Balanced Advantage Fund and WhiteOak Capital Balanced Advantage Fund overlap?
30.1%. They hold 31 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Shriram Balanced Advantage Fund or WhiteOak Capital Balanced Advantage Fund?
On SEBI's riskometer, Shriram Balanced Advantage Fund is rated Very High and WhiteOak Capital Balanced Advantage Fund Very High. Over 3 years, the standard deviation of daily returns was 10.03% and 8.34% a year.
Which is better for SIP, Shriram Balanced Advantage Fund or WhiteOak Capital Balanced Advantage Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,67,185 in Shriram Balanced Advantage Fund (XIRR -0.5% a year) and ₹4,06,673 in WhiteOak Capital Balanced Advantage Fund (XIRR 6.1% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Shriram Balanced Advantage Fund and WhiteOak Capital Balanced Advantage Fund?
Yes. 30.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Shriram Balanced Advantage Fund and WhiteOak Capital Balanced Advantage Fund?
Shriram Balanced Advantage Fund: Hitesh Savanth, Prateek Nigudkar, Amit Modani. WhiteOak Capital Balanced Advantage 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.