WhiteOak Capital Flexi Cap Fund vs Whiteoak Capital Special Opportunities Fund
Direct Plan, Growth option · Data as on 30-10-2026
WhiteOak Capital Flexi Cap Fund is a Flexi Cap fund and Whiteoak Capital Special Opportunities Fund is a Thematic fund. In the year to 30-10-2026, WhiteOak Capital Flexi Cap Fund (Direct) returned −2.6% and Whiteoak Capital Special Opportunities Fund (Direct) returned 6.9%. WhiteOak Capital Flexi Cap Fund charges 0.82% a year and Whiteoak Capital Special Opportunities Fund 1.27% (Direct plans). Their portfolios overlap 38.0%: they hold 55 of the same securities.
WhiteOak Capital Flexi Cap Fund
Flexi Cap
- 1 year return
- −2.6%
- Expense ratio
- 0.82%
- NAV
- ₹18.25
Whiteoak Capital Special Opportunities Fund
Thematic
- 1 year return
- 6.9%
- Expense ratio
- 1.27%
- NAV
- ₹14.47
Which is better, WhiteOak Capital Flexi Cap or Whiteoak Capital Special 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 Special Opportunities returned more over 1 year: 6.9% against −2.6%.
- WhiteOak Capital Flexi Cap costs less: 0.82% a year against 1.27% (Direct plans).
- WhiteOak Capital Flexi Cap fell less in its worst fall since 05-06-2024: −15.6% against −17.0%.
- WhiteOak Capital Flexi Cap holds more in large companies: 52.1% of the fund in large caps against 27.9%.
- WhiteOak Capital Flexi Cap is the larger fund: ₹9,325 Cr against ₹1,959 Cr.
- Their portfolios overlap 38.0%: 55 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 | WhiteOak Capital Flexi Cap Fund | Whiteoak Capital Special Opportunities Fund |
|---|---|---|
| Fund house | WhiteOak Capital Mutual Fund | WhiteOak Capital Mutual Fund |
| Category | Flexi Cap | Thematic |
| AUM | ₹9,325 Cr (30-09-2026) | ₹1,959 Cr (30-09-2026) |
| NAV | ₹18.25 (Direct) | ₹14.47 (Direct) |
| Expense ratio (Direct) | 0.82% | 1.27% |
| Expense ratio (Regular) | 2.05% | 2.74% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | BSE 500 TRI |
| Launch date | 02-08-2022 | 04-06-2024 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Ramesh Mantri, Piyush Baranwal, Trupti Agrawal, Dheeresh Pathak, Ashish Agrawal | Dheeresh Pathak, Piyush Baranwal, Trupti Agrawal, Ashish Agrawal, Ramesh Mantri |
| Exit load | Nil | Nil |
WhiteOak Capital Flexi Cap vs Whiteoak Capital Special 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 |
|---|---|---|---|---|---|---|---|
| WhiteOak Capital Flexi Cap Fund (Direct) | −0.78% | −4.33% | +2.26% | −2.61% | +13.99% | -- | -- |
| Whiteoak Capital Special Opportunities Fund (Direct) | −1.87% | −1.93% | +7.08% | +6.92% | -- | -- | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 46 Flexi Cap funds and the 235 Thematic funds, same plan type.
WhiteOak Capital Flexi Cap vs Whiteoak Capital Special Opportunities: Year-wise Returns
| Year | Flexi CapWhiteOak Capital Flexi Cap | Special OpportunitiesWhiteoak Capital Special Opportunities | BSE 500 TRI |
|---|---|---|---|
| 2026to date | −2.11% | +6.37% | −7.81% |
| 2025 | +6.05% | +7.76% | +7.63% |
| 2024 | +25.47% | -- | +15.81% |
| 2023 | +33.29% | -- | +26.55% |
WhiteOak Capital Flexi Cap vs Whiteoak Capital Special Opportunities: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 346 of them, one for each trading day from 05-06-2025 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.
WhiteOak Capital Flexi Cap Fund (Direct)
Whiteoak Capital Special Opportunities Fund (Direct)
BSE 500 TRI
to
Jul 2025Oct 2024
to
Oct 2025Jan 2025
to
Jan 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Sept 2025
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WhiteOak Capital Flexi Cap | 6.6 | 34.7 | 40.2 | 15.9 | 2.6 | 0.0 | 0.0 | 6.2% | 6.5% | −4.5% | 17.9% | 93% |
| Whiteoak Capital Special Opportunities | 0.0 | 6.1 | 31.2 | 34.7 | 25.1 | 2.6 | 0.3 | 11.9% | 11.9% | 1.7% | 25.3% | 100% |
| BSE 500 TRI | 33.2 | 34.1 | 25.1 | 6.4 | 1.2 | 0.0 | 0.0 | 2.7% | 2.2% | −9.2% | 15.7% | -- |
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 500 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 05-06-2024. Past returns do not promise future returns.
WhiteOak Capital Flexi Cap vs Whiteoak Capital Special Opportunities: 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 03-06-2024 to 30-10-2026: 29 instalments, ₹2,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| WhiteOak Capital Flexi CapWhiteOak Capital Flexi Cap Fund (Direct) | ₹2,90,000 | ₹3,00,917 | ₹10,917 | 3.0% |
| Whiteoak Capital Special OpportunitiesWhiteoak Capital Special Opportunities Fund (Direct) | ₹2,90,000 | ₹3,29,047 | ₹39,047 | 10.5% |
WhiteOak Capital Flexi CapWhiteOak Capital Flexi Cap Fund (Direct)
Whiteoak Capital Special OpportunitiesWhiteoak Capital Special Opportunities 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.
WhiteOak Capital Flexi Cap vs Whiteoak Capital Special Opportunities: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | WhiteOak Capital Flexi Cap Fund (Direct) | Whiteoak Capital Special Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.61% | +6.92% |
| Standard deviation | 13.35% | 14.86% |
| Sharpe ratio | -0.59 | 0.11 |
| Sortino ratio | -0.79 | 0.15 |
| Maximum drawdown | −14.9% (23-03-2026) | −14.1% (30-03-2026) |
| Beta | 0.92 | 0.99 |
| Alpha | +4.00% | +14.43% |
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 | WhiteOak Capital Flexi Cap Fund (Direct) | Whiteoak Capital Special Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.19% | +15.13% |
| Standard deviation | 12.69% | 14.57% |
| Sharpe ratio | 0.71 | 0.64 |
| Sortino ratio | 0.97 | 0.88 |
| Maximum drawdown | −15.6% (28-02-2025) | −17.0% (03-03-2025) |
| Beta | 0.93 | 1.00 |
| Alpha | +5.17% | +12.86% |
From daily NAVs, 03-08-2022 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.
WhiteOak Capital Flexi Cap Fund (Direct)
Whiteoak Capital Special Opportunities Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| WhiteOak Capital Flexi Cap Fund (Direct) | −15.6% | 16-12-2024 | 28-02-2025 | 26-06-2025 | 4 months | −6.5% |
| Whiteoak Capital Special Opportunities Fund (Direct) | −17.0% | 16-12-2024 | 03-03-2025 | 10-06-2025 | 3 months | −6.3% |
| BSE 500 TRI | −18.7% | 26-09-2024 | 28-02-2025 | Not yet | -- | −9.4% |
From daily values since 05-06-2024, 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.
WhiteOak Capital Flexi Cap Fund (Direct)
Whiteoak Capital Special Opportunities Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| WhiteOak Capital Flexi Cap Fund (Direct) | 113% | 86% | 3.81% |
| Whiteoak Capital Special Opportunities Fund (Direct) | 141% | 80% | 5.97% |
From month-end values since 05-06-2024. 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.
WhiteOak Capital Flexi Cap vs Whiteoak Capital Special Opportunities: Portfolio Overlap
From each fund's latest monthly portfolio: WhiteOak Capital Flexi Cap Fund, September 2026; Whiteoak Capital Special Opportunities Fund, September 2026
Holdings in common
- Overlap
- 38.0%
- Held by both
- 55
- Only in WhiteOak Capital Flexi Cap
- 112
- Only in Whiteoak Capital Special Opportunities
- 38
| Security | % of WhiteOak Capital Flexi Cap | % of Whiteoak Capital Special Opportunities |
|---|---|---|
| ICICI Bank Limited | 8.47% | 4.13% |
| Bharti Airtel Limited | 4.63% | 3.28% |
| State Bank of India | 2.62% | 2.69% |
| Nestle India Limited | 3.67% | 2.14% |
| Titan Company Limited | 1.68% | 2.20% |
| Reliance Industries Limited | 2.08% | 1.58% |
| Nexus Select Trust - REIT | 1.45% | 2.05% |
| Coforge Limited | 1.30% | 1.06% |
| Mahindra & Mahindra Limited | 2.55% | 0.98% |
| Solar Industries India Limited | 0.76% | 1.08% |
| KRN Heat Exchanger And Refrigeration Limited | 0.70% | 0.81% |
| 91 Days Tbill (MD 29/10/2026) | 0.72% | 0.69% |
| Lenskart Solutions Limited | 0.69% | 0.68% |
| Five Star Business Finance Limited | 0.64% | 1.11% |
| Navin Fluorine International Limited | 0.60% | 1.50% |
| Neuland Laboratories Limited | 0.60% | 1.16% |
| Divi's Laboratories Limited | 0.59% | 1.95% |
| Azad Engineering Ltd | 0.81% | 0.58% |
| Info Edge (India) Limited | 0.58% | 1.82% |
| Krishna Institute Of Medical Sciences Limited | 0.58% | 0.98% |
| CARE Ratings Limited | 0.56% | 1.36% |
| PNB Housing Finance Limited | 0.55% | 2.02% |
| The South Indian Bank Limited | 0.53% | 0.66% |
| Tenneco Clean Air India Limited | 0.52% | 0.52% |
| Bharat Heavy Electricals Limited | 0.52% | 0.83% |
| Bosch Limited | 0.51% | 1.17% |
| Dynamatic Technologies Limited | 0.51% | 0.50% |
| City Union Bank Limited | 0.50% | 1.28% |
| 91 Days Tbill (MD 10/12/2026) | 0.48% | 0.51% |
| Tech Mahindra Limited | 0.44% | 0.75% |
| Corona Remedies Limited | 0.41% | 1.18% |
| Adani Enterprises Limited | 0.41% | 1.15% |
| Infosys Limited | 0.45% | 0.39% |
| 91 Days Tbill (MD 03/12/2026) | 0.39% | 0.82% |
| IIFL Finance Limited | 0.39% | 1.94% |
| S.J.S. Enterprises Limited | 0.37% | 1.59% |
| Bharat Electronics Limited | 1.59% | 0.35% |
| Redington Limited | 0.35% | 2.70% |
| 91 Days Tbill (MD 22/10/2026) | 0.34% | 0.33% |
| Clean Max Enviro Energy Solutions Limited | 0.33% | 1.70% |
| Neogen Chemicals Limited | 0.51% | 0.32% |
| 91 Days Tbill (MD 19/11/2026) | 0.32% | 0.76% |
| Vedanta Aluminium Metal Limited | 0.31% | 0.82% |
| Avalon Technologies Limited | 0.27% | 1.25% |
| Thyrocare Technologies Limited | 0.26% | 0.95% |
| 182 Days Tbill (MD 12/11/2026) | 0.25% | 0.27% |
| Godrej Agrovet Limited | 0.24% | 1.02% |
| Aye Finance Limited | 0.23% | 0.78% |
| National Stock Exchange Of India Ltd | 0.41% | 0.20% |
| 91 Days Tbill (MD 08/10/2026) | 0.21% | 0.20% |
| Yash Highvoltage Limited | 0.20% | 0.57% |
| Nuvoco Vistas Corporation Limited | 0.19% | 1.16% |
| Omnitech Engineering Limited | 0.17% | 0.51% |
| Arman Financial Services Limited | 0.07% | 0.48% |
| 364 Days Tbill (MD 12/11/2026) | 0.06% | 0.07% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 38.0% means 38.0% 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 WhiteOak Capital Flexi Cap Fund
| Security | % of fund |
|---|---|
| HDFC Bank Limited | 3.81% |
| Kotak Mahindra Bank Limited | 2.19% |
| Eternal Limited | 1.88% |
| Torrent Pharmaceuticals Limited | 1.62% |
| Maruti Suzuki India Limited | 1.36% |
Largest holdings only in Whiteoak Capital Special Opportunities Fund
| Security | % of fund |
|---|---|
| TVS Motor Company Limited | 1.85% |
| Tamilnad Mercantile Bank Limited | 1.41% |
| Sambhv Steel Tubes Ltd | 1.29% |
| One 97 Communications Limited | 1.26% |
| Yasho Industries Limited | 1.19% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | WhiteOak Capital Flexi Cap | Whiteoak Capital Special Opportunities |
|---|---|---|
| Equity | 89.5% | 87.0% |
| Debt | 3.3% | 3.7% |
| Cash and others | 7.1% | 9.4% |
Market cap of stocks
| Market cap | WhiteOak Capital Flexi Cap | Whiteoak Capital Special Opportunities |
|---|---|---|
| Large Cap | 52.1% | 27.9% |
| Mid Cap | 8.1% | 9.0% |
| Small Cap | 27.0% | 49.1% |
| Not on AMFI's list | 2.4% | 1.0% |
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 | WhiteOak Capital Flexi Cap | Whiteoak Capital Special Opportunities |
|---|---|---|
| Banks | 19.9% | 10.9% |
| Finance | 7.4% | 6.8% |
| Pharmaceuticals & Biotechnology | 5.5% | 5.9% |
| Auto Components | 1.7% | 5.9% |
| Chemicals & Petrochemicals | 2.9% | 5.6% |
| Electrical Equipment | 2.8% | 4.8% |
| Telecom - Services | 4.6% | 3.3% |
| Food Products | 4.3% | 3.8% |
| Retailing | 4.1% | 2.5% |
The six largest sectors of each fund's stocks, % of the fund.
WhiteOak Capital Flexi Cap vs Whiteoak Capital Special Opportunities: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | WhiteOak Capital Flexi Cap Fund | Whiteoak Capital Special Opportunities Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.82% | 1.27% |
| Base expense ratio (Direct) | 0.47% | 0.53% |
| Total expense ratio (Regular) | 2.05% | 2.74% |
| Base expense ratio (Regular) | 1.51% | 1.77% |
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 WhiteOak Capital Flexi Cap with
Compare Whiteoak Capital Special Opportunities with
- Whiteoak Capital Special Opportunities vs Nippon India Taiwan Equity
- Whiteoak Capital Special Opportunities vs HDFC Defence
- Whiteoak Capital Special Opportunities vs HDFC Pharma and Healthcare
- Whiteoak Capital Special Opportunities vs SBI Healthcare Opportunities
- Whiteoak Capital Special Opportunities vs Aditya Birla Sun Life International Equity
WhiteOak Capital Flexi Cap Fund vs Whiteoak Capital Special Opportunities Fund: Frequently Asked Questions
What is the difference between WhiteOak Capital Flexi Cap Fund and Whiteoak Capital Special Opportunities Fund?
WhiteOak Capital Flexi Cap Fund is a Flexi Cap fund, Whiteoak Capital Special Opportunities Fund is a Thematic fund, run by WhiteOak Capital Mutual Fund. Their portfolios overlap 38.0%. WhiteOak Capital Flexi Cap Fund charges 0.82% a year and Whiteoak Capital Special Opportunities Fund 1.27%.
Which has given higher returns, WhiteOak Capital Flexi Cap Fund or Whiteoak Capital Special Opportunities Fund?
Over 1 year: WhiteOak Capital Flexi Cap Fund −2.61%, Whiteoak Capital Special Opportunities Fund +6.92%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, WhiteOak Capital Flexi Cap Fund or Whiteoak Capital Special Opportunities Fund?
WhiteOak Capital Flexi Cap Fund charges less: 0.82% a year against 1.27%. These are the Direct plans' total expense ratios reported to AMFI.
How much do WhiteOak Capital Flexi Cap Fund and Whiteoak Capital Special Opportunities Fund overlap?
38.0%. They hold 55 of the same securities, the largest shared ones being ICICIBANK, BHARTIARTL, SBIN. From each fund's latest monthly portfolio.
Which is riskier, WhiteOak Capital Flexi Cap Fund or Whiteoak Capital Special Opportunities Fund?
On SEBI's riskometer, WhiteOak Capital Flexi Cap Fund is rated Very High and Whiteoak Capital Special Opportunities Fund Very High. Over 1 years, the standard deviation of daily returns was 13.35% and 14.86% a year.
Can I invest in both WhiteOak Capital Flexi Cap Fund and Whiteoak Capital Special Opportunities Fund?
Yes. 38.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages WhiteOak Capital Flexi Cap Fund and Whiteoak Capital Special Opportunities Fund?
WhiteOak Capital Flexi Cap Fund: Ramesh Mantri, Piyush Baranwal, Trupti Agrawal, Dheeresh Pathak, Ashish Agrawal. Whiteoak Capital Special Opportunities Fund: Dheeresh Pathak, Piyush Baranwal, Trupti Agrawal, Ashish Agrawal, Ramesh Mantri.
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.