UTI Multi Cap Fund vs WhiteOak Capital Multi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
UTI Multi Cap Fund and WhiteOak Capital Multi Cap Fund are both Multi Cap funds. In the year to 30-10-2026, UTI Multi Cap Fund (Direct) returned −4.6% and WhiteOak Capital Multi Cap Fund (Direct) returned −0.5%. UTI Multi Cap Fund charges 1.10% a year and WhiteOak Capital Multi Cap Fund 0.89% (Direct plans). Their portfolios overlap 23.0%: they hold 34 of the same securities.
WhiteOak Capital Multi Cap Fund
Multi Cap
- 1 year return
- −0.5%
- Expense ratio
- 0.89%
- NAV
- ₹16.08
Which is better, UTI Multi Cap or WhiteOak Capital Multi 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 Multi Cap returned more over 1 year: −0.5% against −4.6%.
- WhiteOak Capital Multi Cap costs less: 0.89% a year against 1.10% (Direct plans).
- UTI Multi Cap fell less in its worst fall since 20-05-2025: −14.1% against −15.0%.
- WhiteOak Capital Multi Cap is the larger fund: ₹4,308 Cr against ₹2,113 Cr.
- Their portfolios overlap 23.0%: 34 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 | UTI Multi Cap Fund | WhiteOak Capital Multi Cap Fund |
|---|---|---|
| Fund house | UTI Mutual Fund | WhiteOak Capital Mutual Fund |
| Category | Multi Cap | Multi Cap |
| AUM | ₹2,113 Cr (30-09-2026) | ₹4,308 Cr (30-09-2026) |
| NAV | ₹10.21 (Direct) | ₹16.08 (Direct) |
| Expense ratio (Direct) | 1.10% | 0.89% |
| Expense ratio (Regular) | 2.26% | 2.21% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 500 Multicap 50:25:25 Total Return Index | NIFTY 500 Multicap 50:25:25 Total Return Index |
| Launch date | 16-05-2025 | 22-09-2023 |
| Minimum investment | Direct Plan - Growth Option (Rs 1000)Regular Plan -Growth Option (Rs 1000) | ₹500 |
| Lock in | None | None |
| Fund managers | Karthikraj Lakshmanan | Ramesh Mantri, Piyush Baranwal, Trupti Agrawal, Dheeresh Pathak, Ashish Agrawal |
| Exit load | 1% if redeemed/ switched-out within 90 days from the date of allotment; Nil thereafter | Nil |
UTI Multi Cap vs WhiteOak Capital Multi 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 |
|---|---|---|---|---|---|---|---|
| UTI Multi Cap Fund (Direct) | −3.12% | −5.19% | +0.15% | −4.61% | -- | -- | -- |
| WhiteOak Capital Multi Cap Fund (Direct) | −1.42% | −4.28% | +3.31% | −0.45% | +17.52% | -- | -- |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | +13.54% | -- | -- |
Category average: the average of the 33 Multi Cap funds, same plan type.
UTI Multi Cap vs WhiteOak Capital Multi Cap: Year-wise Returns
| Year | UTIUTI Multi Cap | WhiteOak CapitalWhiteOak Capital Multi Cap | Nifty500 Multicap 50:25:25 TRI |
|---|---|---|---|
| 2026to date | −5.07% | +0.42% | −5.56% |
| 2025 | -- | +7.19% | +5.29% |
| 2024 | -- | +30.77% | +19.34% |
UTI Multi Cap vs WhiteOak Capital Multi Cap: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 111 of them, one for each trading day from 20-05-2026 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.
UTI Multi Cap Fund (Direct)
WhiteOak Capital Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
to
Jun 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UTI Multi Cap | 15.3 | 57.7 | 27.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2.8% | 2.4% | −5.9% | 8.8% | 95% |
| WhiteOak Capital Multi Cap | 4.5 | 18.9 | 56.8 | 19.8 | 0.0 | 0.0 | 0.0 | 7.0% | 7.2% | −2.1% | 13.2% | 100% |
| Nifty500 Multicap 50:25:25 TRI | 28.8 | 53.2 | 18.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.5% | 1.3% | −7.6% | 8.5% | -- |
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. The benchmark is Nifty500 Multicap 50:25:25 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 20-05-2025. Past returns do not promise future returns.
UTI Multi Cap vs WhiteOak Capital Multi 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 20-05-2025 to 30-10-2026: 18 instalments, ₹1,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| UTI Multi CapUTI Multi Cap Fund (Direct) | ₹1,80,000 | ₹1,77,702 | −₹2,298 | −1.6% |
| WhiteOak Capital Multi CapWhiteOak Capital Multi Cap Fund (Direct) | ₹1,80,000 | ₹1,84,892 | ₹4,892 | 3.5% |
UTI Multi CapUTI Multi Cap Fund (Direct)
WhiteOak Capital Multi CapWhiteOak Capital Multi 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.
UTI Multi Cap vs WhiteOak Capital Multi Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | UTI Multi Cap Fund (Direct) | WhiteOak Capital Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.61% | −0.45% |
| Standard deviation | 13.06% | 13.86% |
| Sharpe ratio | -0.75 | -0.41 |
| Sortino ratio | -1.00 | -0.56 |
| Maximum drawdown | −14.1% (30-03-2026) | −15.0% (23-03-2026) |
| Beta | 0.85 | 0.91 |
| Alpha | −0.26% | +4.59% |
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 | UTI Multi Cap Fund (Direct) | WhiteOak Capital Multi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +1.70% | +16.50% |
| Standard deviation | 11.83% | 14.33% |
| Sharpe ratio | -0.31 | 0.73 |
| Sortino ratio | -0.41 | 0.99 |
| Maximum drawdown | −14.1% (30-03-2026) | −16.9% (28-02-2025) |
| Beta | 0.85 | 0.93 |
| Alpha | +0.82% | +6.65% |
From daily NAVs, 20-05-2025 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.
UTI Multi Cap Fund (Direct)
WhiteOak Capital Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| UTI Multi Cap Fund (Direct) | −14.1% | 05-01-2026 | 30-03-2026 | 03-08-2026 | 4 months | −7.3% |
| WhiteOak Capital Multi Cap Fund (Direct) | −15.0% | 17-11-2025 | 23-03-2026 | 22-06-2026 | 3 months | −6.8% |
| Nifty500 Multicap 50:25:25 TRI | −14.6% | 02-01-2026 | 30-03-2026 | 06-07-2026 | 3 months | −8.0% |
From daily values since 20-05-2025, 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.
UTI Multi Cap Fund (Direct)
WhiteOak Capital Multi Cap Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Against Nifty500 Multicap 50:25:25 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| UTI Multi Cap Fund (Direct) | 94% | 84% | 3.61% |
| WhiteOak Capital Multi Cap Fund (Direct) | 118% | 87% | 3.46% |
From month-end values since 20-05-2025. 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.
UTI Multi Cap vs WhiteOak Capital Multi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: UTI Multi Cap Fund, September 2026; WhiteOak Capital Multi Cap Fund, September 2026
Holdings in common
- Overlap
- 23.0%
- Held by both
- 34
- Only in UTI Multi Cap
- 37
- Only in WhiteOak Capital Multi Cap
- 174
| Security | % of UTI Multi Cap | % of WhiteOak Capital Multi Cap |
|---|---|---|
| EQ - ICICI BANK LTD | 5.00% | 5.07% |
| EQ - HDFC BANK LIMITED | 4.70% | 2.10% |
| EQ - BHARTI AIRTEL LTD. | 1.87% | 2.69% |
| EQ - RELIANCE INDUSTRIES LTD. | 1.91% | 1.19% |
| EQ - KOTAK MAHINDRA BANK LTD. | 4.34% | 1.13% |
| EQ - COFORGE LTD | 1.90% | 0.99% |
| EQ - MARUTI SUZUKI INDIA LTD. | 0.92% | 0.75% |
| EQ - BHARAT HEAVY ELECTRICALS LTD. | 1.57% | 0.74% |
| EQ - OIL INDIA LTD. | 2.12% | 0.70% |
| EQ - AXIS BANK LTD. | 2.61% | 0.65% |
| EQ - INFO-EDGE (INDIA) LTD. | 1.50% | 0.63% |
| EQ - AJANTA PHARMA LTD. | 1.26% | 0.62% |
| REIT- EMBASSY OFFICE PARKS | 0.82% | 0.59% |
| EQ - AIA ENGINEERING LTD. | 1.03% | 0.58% |
| EQ - DR LAL PATHLABS LTD. | 0.56% | 0.58% |
| REIT- KNOWLEDGE REALTY TRUST REIT | 0.86% | 0.52% |
| EQ - GILLETTE INDIA LTD. | 1.09% | 0.48% |
| EQ - BERGER PAINTS INDIA LTD. | 1.16% | 0.43% |
| EQ - JINDAL STAINLESS LTD. | 1.40% | 0.39% |
| EQ - LARSEN & TOUBRO LTD. | 1.78% | 0.35% |
| EQ - TUBE INVESTMENTS OF INDIA LTD | 0.67% | 0.33% |
| EQ - SAFARI INDUSTRIES (I) LTD. | 1.07% | 0.26% |
| EQ - INDO-MIM LIMITED | 1.07% | 0.26% |
| EQ - BAJAJ FINANCE LTD. | 1.05% | 0.26% |
| EQ - VEDANT FASHIONS LTD | 1.01% | 0.23% |
| EQ - MAHINDRA & MAHINDRA FINANCIAL | 0.23% | 0.40% |
| EQ - POWER GRID CORPORATION OF INDI | 1.23% | 0.21% |
| EQ - MANKIND PHARMA LTD | 1.18% | 0.21% |
| EQ - VEDANTA ALUMINIUM METAL LTD. | 1.17% | 0.20% |
| EQ - GODREJ AGROVET LTD | 0.97% | 0.20% |
| EQ - UJJIVAN SMALL FINANCE BANK LTD | 1.76% | 0.14% |
| EQ - TATA CONSULTANCY SERVICES LTD. | 1.34% | 0.13% |
| EQ - ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LIMITED | 1.11% | 0.04% |
| EQ - PETRONET LNG LTD. | 1.48% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 23.0% means 23.0% 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 UTI Multi Cap Fund
| Security | % of fund |
|---|---|
| EQ - SWIGGY LTD | 2.45% |
| EQ - VOLTAMP TRANSFORMERS LTD. | 2.24% |
| EQ - GULF OIL LUBRICANTS INDIA LTD | 1.81% |
| EQ - TATA COMMUNICATIONS LTD. | 1.72% |
| EQ - GENERAL INSURANCE CORPORATION | 1.65% |
Largest holdings only in WhiteOak Capital Multi Cap Fund
| Security | % of fund |
|---|---|
| Nestle India Limited | 2.51% |
| Eternal Limited | 1.69% |
| Nexus Select Trust - REIT | 1.67% |
| State Bank of India | 1.63% |
| Mahindra & Mahindra Limited | 1.49% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | UTI Multi Cap | WhiteOak Capital Multi Cap |
|---|---|---|
| Equity | 92.7% | 88.1% |
| Debt | 0.5% | 3.7% |
| Cash and others | 6.8% | 8.3% |
Market cap of stocks
| Market cap | UTI Multi Cap | WhiteOak Capital Multi Cap |
|---|---|---|
| Large Cap | 37.7% | 31.6% |
| Mid Cap | 25.2% | 24.0% |
| Small Cap | 27.8% | 29.6% |
| Not on AMFI's list | 2.0% | 2.9% |
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 | UTI Multi Cap | WhiteOak Capital Multi Cap |
|---|---|---|
| Banks | 18.4% | 14.3% |
| Pharmaceuticals & Biotechnology | 5.1% | 7.7% |
| Finance | 5.5% | 7.3% |
| Retailing | 5.0% | 5.1% |
| Consumer Durables | 3.9% | 3.2% |
| Healthcare Services | 3.2% | 3.9% |
| Telecom - Services | 3.6% | 3.9% |
| Electrical Equipment | 3.8% | 3.5% |
The six largest sectors of each fund's stocks, % of the fund.
UTI Multi Cap vs WhiteOak Capital Multi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | UTI Multi Cap Fund | WhiteOak Capital Multi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.10% | 0.89% |
| Base expense ratio (Direct) | 0.69% | 0.50% |
| Total expense ratio (Regular) | 2.26% | 2.21% |
| Base expense ratio (Regular) | 1.76% | 1.62% |
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 UTI Multi Cap with
UTI Multi Cap Fund vs WhiteOak Capital Multi Cap Fund: Frequently Asked Questions
What is the difference between UTI Multi Cap Fund and WhiteOak Capital Multi Cap Fund?
Both are Multi Cap funds, run by UTI Mutual Fund and WhiteOak Capital Mutual Fund. Their portfolios overlap 23.0%. UTI Multi Cap Fund charges 1.10% a year and WhiteOak Capital Multi Cap Fund 0.89%.
Which has given higher returns, UTI Multi Cap Fund or WhiteOak Capital Multi Cap Fund?
Over 1 year: UTI Multi Cap Fund −4.61%, WhiteOak Capital Multi Cap Fund −0.45%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, UTI Multi Cap Fund or WhiteOak Capital Multi Cap Fund?
WhiteOak Capital Multi Cap Fund charges less: 0.89% a year against 1.10%. These are the Direct plans' total expense ratios reported to AMFI.
How much do UTI Multi Cap Fund and WhiteOak Capital Multi Cap Fund overlap?
23.0%. They hold 34 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, UTI Multi Cap Fund or WhiteOak Capital Multi Cap Fund?
On SEBI's riskometer, UTI Multi Cap Fund is rated Very High and WhiteOak Capital Multi Cap Fund Very High. Over 1 years, the standard deviation of daily returns was 13.06% and 13.86% a year.
Can I invest in both UTI Multi Cap Fund and WhiteOak Capital Multi Cap Fund?
Yes. 23.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages UTI Multi Cap Fund and WhiteOak Capital Multi Cap Fund?
UTI Multi Cap Fund: Karthikraj Lakshmanan. WhiteOak Capital Multi 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.