Union Consumption Fund vs WhiteOak Capital Consumption Opportunities Fund
Direct Plan, Growth option · Data as on 30-10-2026
Union Consumption Fund is a Thematic fund and WhiteOak Capital Consumption Opportunities Fund is a Thematic fund. Union Consumption Fund charges 1.37% a year and WhiteOak Capital Consumption Opportunities Fund 1.09% (Direct plans). Their portfolios overlap 46.3%: they hold 22 of the same securities.
WhiteOak Capital Consumption Opportunities Fund
Thematic
- Expense ratio
- 1.09%
- NAV
- ₹9.88
Which is better, Union Consumption or WhiteOak Capital Consumption Opportunities? 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 Consumption Opportunities costs less: 1.09% a year against 1.37% (Direct plans).
- Union Consumption fell less in its worst fall since 11-02-2026: −13.5% against −13.7%.
- Union Consumption is the larger fund: ₹314 Cr against ₹135 Cr.
- Their portfolios overlap 46.3%: 22 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 | Union Consumption Fund | WhiteOak Capital Consumption Opportunities Fund |
|---|---|---|
| Fund house | Union Mutual Fund | WhiteOak Capital Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹314 Cr (30-09-2026) | ₹135 Cr (30-09-2026) |
| NAV | ₹9.56 (Direct) | ₹9.88 (Direct) |
| Expense ratio (Direct) | 1.37% | 1.09% |
| Expense ratio (Regular) | 2.69% | 2.73% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty India Consumption TRI | Nifty India Consumption TRI |
| Launch date | 22-12-2025 | 10-02-2026 |
| Minimum investment | ₹1,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Vinod Malviya, Sanjay Bembalkar | Ramesh Mantri, Piyush Baranwal, Trupti Agrawal, Dheeresh Pathak, Ashish Agrawal |
| Exit load | Exit load of 1%, if redeemed within 1 Year. | Nil |
Union Consumption vs WhiteOak Capital Consumption Opportunities: 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 |
|---|---|---|---|---|---|---|---|
| Union Consumption Fund (Direct) | +0.42% | −2.65% | +4.14% | -- | -- | -- | -- |
| WhiteOak Capital Consumption Opportunities Fund (Direct) | −1.44% | −5.12% | +3.02% | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | -- | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Union Consumption vs WhiteOak Capital Consumption Opportunities: Year-wise Returns
| Year | Union ConsumptionUnion Consumption | WhiteOak Capital Consumption OpportunitiesWhiteOak Capital Consumption Opportunities | Nifty India Consumption TRI |
|---|---|---|---|
| 2026to date | −4.69% | -- | −9.10% |
Union Consumption vs WhiteOak Capital Consumption Opportunities: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of both
Union Consumption vs WhiteOak Capital Consumption Opportunities: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Union Consumption Fund (Direct) | WhiteOak Capital Consumption Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.20% | −1.84% |
| Standard deviation | 15.32% | 14.84% |
| Sharpe ratio | -0.68 | -0.48 |
| Sortino ratio | -0.91 | -0.64 |
| Maximum drawdown | −16.8% (30-03-2026) | −13.7% (23-03-2026) |
| Beta | 0.91 | 0.85 |
| Alpha | +3.54% | +5.65% |
From daily NAVs, 26-12-2025 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.
Union Consumption Fund (Direct)
WhiteOak Capital Consumption Opportunities Fund (Direct)
Nifty India Consumption TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Union Consumption Fund (Direct) | −13.5% | 11-02-2026 | 30-03-2026 | 01-07-2026 | 3 months | −5.6% |
| WhiteOak Capital Consumption Opportunities Fund (Direct) | −13.7% | 11-02-2026 | 23-03-2026 | 30-06-2026 | 3 months | −7.3% |
| Nifty India Consumption TRI | −14.0% | 11-02-2026 | 30-03-2026 | 29-07-2026 | 4 months | −9.5% |
From daily values since 11-02-2026, the first day every fund has.
Union Consumption vs WhiteOak Capital Consumption Opportunities: Portfolio Overlap
From each fund's latest monthly portfolio: Union Consumption Fund, September 2026; WhiteOak Capital Consumption Opportunities Fund, September 2026
Holdings in common
- Overlap
- 46.3%
- Held by both
- 22
- Only in Union Consumption
- 26
- Only in WhiteOak Capital Consumption Opportunities
- 28
| Security | % of Union Consumption | % of WhiteOak Capital Consumption Opportunities |
|---|---|---|
| Eternal Ltd. | 7.22% | 7.52% |
| Bharti Airtel Ltd. | 7.05% | 7.76% |
| Mahindra & Mahindra Ltd. | 5.27% | 6.40% |
| Titan Company Ltd. | 3.63% | 4.89% |
| Maruti Suzuki India Ltd. | 4.78% | 3.36% |
| Marico Ltd. | 2.51% | 2.84% |
| Tata Consumer Products Ltd. | 2.34% | 1.74% |
| Honasa Consumer Ltd. | 2.67% | 1.73% |
| Lenskart Solutions Ltd. | 1.59% | 2.09% |
| Pidilite Industries Ltd. | 2.03% | 1.55% |
| CarTrade Tech Ltd. | 1.49% | 1.60% |
| Hindustan Unilever Ltd. | 1.95% | 1.47% |
| ICICI Bank Ltd. | 2.37% | 1.40% |
| Doms Industries Ltd. | 1.12% | 1.51% |
| Meesho Ltd. | 1.45% | 0.98% |
| FSN E-Commerce Ventures Ltd. | 2.85% | 0.95% |
| Arvind Fashions Ltd. | 1.63% | 0.79% |
| Corona Remedies Ltd. | 0.75% | 1.52% |
| Berger Paints India Ltd. | 1.66% | 0.67% |
| Varun Beverages Ltd. | 3.79% | 0.61% |
| Nestle India Ltd. | 0.37% | 7.60% |
| Ather Energy Ltd. | 2.70% | 0.05% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 46.3% means 46.3% 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 Union Consumption Fund
| Security | % of fund |
|---|---|
| Trent Ltd. | 3.65% |
| Radico Khaitan Ltd. | 3.30% |
| LG Electronics India Ltd. | 2.94% |
| Zydus Wellness Ltd. | 2.83% |
| One 97 Communications Ltd. | 2.60% |
Largest holdings only in WhiteOak Capital Consumption Opportunities Fund
| Security | % of fund |
|---|---|
| TIMEX GROUP INDIA LIMITED | 3.52% |
| Nexus Select Trust - REIT | 2.92% |
| Indigo Paints Limited | 2.35% |
| Vishal Mega Mart Limited | 2.31% |
| Max Healthcare Institute Limited | 2.25% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Union Consumption | WhiteOak Capital Consumption Opportunities |
|---|---|---|
| Equity | 98.7% | 90.0% |
| Debt | 0.1% | 2.6% |
| Cash and others | 1.2% | 7.4% |
Market cap of stocks
| Market cap | Union Consumption | WhiteOak Capital Consumption Opportunities |
|---|---|---|
| Large Cap | 50.1% | 46.0% |
| Mid Cap | 25.4% | 12.9% |
| Small Cap | 20.4% | 29.8% |
| Not on AMFI's list | 2.8% | 1.3% |
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 | Union Consumption | WhiteOak Capital Consumption Opportunities |
|---|---|---|
| Retailing | 19.9% | 18.9% |
| Consumer Durables | 13.0% | 15.9% |
| Automobiles | 15.2% | 9.8% |
| Food Products | 4.0% | 10.3% |
| Telecom - Services | 7.0% | 7.8% |
| Beverages | 7.1% | 0.6% |
| Agricultural Food & other Products | 4.8% | 4.6% |
The six largest sectors of each fund's stocks, % of the fund.
Union Consumption vs WhiteOak Capital Consumption Opportunities: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Union Consumption Fund | WhiteOak Capital Consumption Opportunities Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.37% | 1.09% |
| Base expense ratio (Direct) | 0.94% | 0.71% |
| Total expense ratio (Regular) | 2.69% | 2.73% |
| Base expense ratio (Regular) | 2.10% | 2.10% |
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 Union Consumption with
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- WhiteOak Capital Consumption Opportunities vs Aditya Birla Sun Life International Equity
Union Consumption Fund vs WhiteOak Capital Consumption Opportunities Fund: Frequently Asked Questions
What is the difference between Union Consumption Fund and WhiteOak Capital Consumption Opportunities Fund?
Union Consumption Fund is a Thematic fund, WhiteOak Capital Consumption Opportunities Fund is a Thematic fund, run by Union Mutual Fund and WhiteOak Capital Mutual Fund. Their portfolios overlap 46.3%. Union Consumption Fund charges 1.37% a year and WhiteOak Capital Consumption Opportunities Fund 1.09%.
Which has the lower expense ratio, Union Consumption Fund or WhiteOak Capital Consumption Opportunities Fund?
WhiteOak Capital Consumption Opportunities Fund charges less: 1.09% a year against 1.37%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Union Consumption Fund and WhiteOak Capital Consumption Opportunities Fund overlap?
46.3%. They hold 22 of the same securities, the largest shared ones being ETERNAL, BHARTIARTL, M&M. From each fund's latest monthly portfolio.
Which is riskier, Union Consumption Fund or WhiteOak Capital Consumption Opportunities Fund?
On SEBI's riskometer, Union Consumption Fund is rated Very High and WhiteOak Capital Consumption Opportunities Fund Very High. Over their common history, the standard deviation of daily returns was 15.32% and 14.84% a year.
Can I invest in both Union Consumption Fund and WhiteOak Capital Consumption Opportunities Fund?
Yes. 46.3% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Union Consumption Fund and WhiteOak Capital Consumption Opportunities Fund?
Union Consumption Fund: Vinod Malviya, Sanjay Bembalkar. WhiteOak Capital Consumption Opportunities 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.