WhiteOak Capital Liquid Fund

LiquidDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

WhiteOak Capital Liquid Fund is a Liquid fund run by WhiteOak Capital Mutual Fund. On 30-09-2026, it managed ₹727 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 6.8% a year and its Regular plan returned 6.7% a year.

NAV (Direct plan): ₹1,531.18; ▲ 0.02%30-10-2026
NAV (Regular plan): ₹1,519.98; ▲ 0.02%30-10-2026
Expense ratio: 0.13%Direct0.23%Regular; 0.13%; A year
Riskometer: Low to Moderate; Set by the fund house
3 year return: 6.8%Direct6.7%Regular; 6.8%; A year

WhiteOak Capital Liquid Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹1,531.18 (up 0.02% that day); Regular Plan Growth ₹1,519.98 (up 0.02% that day).

This fund (Direct plan)

₹1,531.1753

WhiteOak Capital Liquid Fund Returns vs Liquid Funds

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	+0.43%	+1.49%	+3.13%	+6.36%	+6.80%	+6.25%	--
This fund (Regular)	+0.42%	+1.47%	+3.07%	+6.25%	+6.70%	+6.14%	--
Liquid average	+0.44%	+1.46%	+3.06%	+6.23%	+6.66%	+6.18%	--
Best in Liquid	+0.48%	+1.54%	+3.26%	+6.54%	+6.96%	+6.47%	--
Worst in Liquid	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	--
Rank in Liquid	36/43	28/42	31/42	31/40	29/36	28/34	--

Category rows compare the Direct plans of 44 Liquid funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Liquid Debt A-I Index. Returns of that index are not available to us, so the category average is the comparison.

WhiteOak Capital Liquid Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+5.32%	+5.23%
2025	+6.49%	+6.38%
2024	+7.36%	+7.26%
2023	+6.96%	+6.85%
2022	+4.56%	+4.44%
2021	+3.01%	+2.93%

WhiteOak Capital Liquid Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 1,458 periods, one for each trading day from 17-01-2022 to 30-10-2026.

0%2%4%6%8%

Jun 2019
to
Jun 2022Mar 2020
to
Mar 2023Jan 2021
to
Jan 2024Nov 2021
to
Nov 2024Sept 2022
to
Sept 2025Jun 2023
to
Jun 2026

WhiteOak Capital Liquid Fund (Direct)Category average, 43 Liquid funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	2,064	6.2%	3.0%	7.4%	0%	6.1%	57%
2 years	1,762	5.6%	3.0%	7.3%	0%	5.7%	49%
3 years	1,458	5.5%	3.7%	7.0%	0%	5.6%	44%
5 years	847	5.3%	5.0%	6.2%	0%	5.4%	26%
7 years	238	5.5%	5.5%	5.5%	0%	5.5%	32%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	82	6.1%	2.9%	7.4%	0%	6.0%	57%
2 years	70	6.3%	3.1%	7.3%	0%	6.3%	53%
3 years	58	6.4%	3.3%	7.2%	0%	6.3%	55%
5 years	34	6.3%	5.1%	6.7%	0%	6.2%	68%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 43 Liquid funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

WhiteOak Capital Liquid Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	WhiteOak Capital Liquid Fund (Direct)This fund	Category average
Return (CAGR)	+6.36%	+6.22%
Standard deviation	0.22%	0.18%
Sharpe ratio	4.99	5.54
Sortino ratio	13.07	14.81
Maximum drawdown	−0.02% (22-10-2026)	−0.01% (22-10-2026)

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.

Measure	WhiteOak Capital Liquid Fund (Direct)This fund	Category average
Return (CAGR)	+6.80%	+6.66%
Standard deviation	0.20%	0.14%
Sharpe ratio	3.96	4.68
Sortino ratio	10.51	12.26
Maximum drawdown	−0.02% (22-10-2026)	−0.01% (22-10-2026)

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.

Measure	WhiteOak Capital Liquid Fund (Direct)This fund	Category average
Return (CAGR)	+6.25%	+6.19%
Standard deviation	0.19%	0.13%
Sharpe ratio	2.34	2.95
Sortino ratio	4.92	5.88
Maximum drawdown	−0.05% (05-05-2022)	−0.03% (05-05-2022)

From daily NAVs, 29-10-2021 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.

Measure	WhiteOak Capital Liquid Fund (Direct)This fund	Category average
Return (CAGR)	+5.62%	+5.60%
Standard deviation	0.18%	0.16%
Sharpe ratio	2.28	2.50
Sortino ratio	4.73	5.09
Maximum drawdown	−0.05% (05-05-2022)	−0.12% (24-03-2020)

From daily NAVs, 17-01-2019 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.

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.

−0.2%−0.1%0%

2020202120222023202420252026

WhiteOak Capital Liquid Fund (Direct)Category average, 43 Liquid funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
WhiteOak Capital Liquid Fund (Direct)	−0.05%	03-05-2022	05-05-2022	12-05-2022	7 days	0.0%
Category average	−0.12%	17-03-2020	24-03-2020	27-03-2020	3 days	0.0%

From the Direct plan's daily NAV since 17-01-2019, adjusted for unit splits, and the average of the 43 Liquid funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

WhiteOak Capital Liquid Fund vs Other Liquid Funds

The five Liquid funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Aditya Birla Sun Life Liquid Fund	1/36	61,167	0.21%	+6.52%	+6.96%	--	--	6.22	17.25	Compare
Axis Liquid Fund	1/36	53,470	0.13%	+6.54%	+6.96%	--	--	6.39	19.90	Compare
Edelweiss Liquid Fund	1/36	11,741	0.10%	+6.50%	+6.96%	--	--	6.45	18.56	Compare
Franklin India Liquid Fund	4/36	4,811	0.14%	+6.52%	+6.95%	--	--	6.51	21.25	Compare
Sundaram Liquid Fund	4/36	6,727	0.14%	+6.53%	+6.95%	--	--	6.03	18.56	Compare
WhiteOak Capital Liquid Fund	29/36	727	0.13%	+6.36%	+6.80%	--	--	3.96	10.51

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

WhiteOak Capital Liquid Fund Expense Ratio and Costs

What each plan charges a year, in force from 12-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Liquid median	Cost rank (1 = cheapest)
Direct	0.11%	0.00%	0.00%	0.02%	0.13%	0.14%	17/43
Regular	0.20%	0.00%	0.00%	0.03%	0.23%	0.25%	15/43

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Liquid funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	6.25%	6.36%	0.11%	₹1,06,250	₹1,06,360
3 years	6.70%	6.80%	0.10% a year	₹1,21,477	₹1,21,819
5 years	6.14%	6.25%	0.11% a year	₹1,34,709	₹1,35,408

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

WhiteOak Capital Liquid Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 17-01-2019 to 30-10-2026: 94 instalments, ₹9,40,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planWhiteOak Capital Liquid Fund (Direct)	₹9,40,000	₹11,93,956	₹2,53,956	6.0%
Regular planWhiteOak Capital Liquid Fund (Regular)	₹9,40,000	₹11,88,986	₹2,48,986	5.9%
Category averageCategory average, 43 Liquid funds	₹9,40,000	₹11,91,767	₹2,51,767	6.0%

₹0₹5.0 L₹10.0 L₹15.0 L

2020202120222023202420252026

Direct planWhiteOak Capital Liquid Fund (Direct)Regular planWhiteOak Capital Liquid Fund (Regular)Category averageCategory average, 43 Liquid fundsAmount invested

From each plan's published NAV (Growth option) and the category average, 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 Liquid Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

95.7%Debt

Asset	Fund	Category
Debt	95.7%	97.0%
Cash and others	4.3%	6.5%

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 42 Liquid funds.

Rating	Fund	Category
Sovereign	16.1%	15.2%
AAA and A1+	79.6%	81.1%

WhiteOak Capital Liquid Fund Portfolio Holdings

As on 30-09-2026 · 27 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
Export Import Bank of India (14/12/2026) · Commercial paper	CRISIL A1+	10.19%
Power Finance Corporation Limited (09/12/2026) · Commercial paper	CRISIL A1+	6.80%
91 Days Tbill (MD 27/11/2026) · Treasury bill	Sovereign	6.51%
Union Bank of India (27/10/2026) · Certificate of deposit	ICRA A1+	3.43%
91 Days Tbill (MD 29/10/2026) · Treasury bill	Sovereign	3.43%
Titan Company Limited (19/10/2026) · Commercial paper	CARE A1+	3.43%
Aditya Birla Money Limited (29/10/2026) · Commercial paper	CRISIL A1+	3.42%
Indian Bank (30/10/2026) · Certificate of deposit	CRISIL A1+	3.42%
HDFC Securities Limited (29/10/2026) · Commercial paper	CRISIL A1+	3.42%
Bank of Baroda (11/11/2026) · Certificate of deposit	CARE A1+	3.42%
Bank of Baroda (05/11/2026) · Certificate of deposit	CARE A1+	3.42%
Tata Capital Housing Finance Limited (23/11/2026) · Commercial paper	CRISIL A1+	3.41%
HDFC Bank Limited (19/11/2026) · Certificate of deposit	CARE A1+	3.41%
Axis Bank Limited (26/11/2026)	CRISIL A1+	3.41%
Bajaj Financial Securities Limited (11/11/2026) · Commercial paper	CRISIL A1+	3.41%
National Bank For Agriculture and Rural Development (30/11/2026) · Commercial paper	CRISIL A1+	3.40%
Kotak Securities Limited (22/12/2026) · Commercial paper	ICRA A1+	3.39%
Axis Bank Limited (28/12/2026)	CRISIL A1+	3.39%
Bajaj Financial Securities Limited (15/12/2026) · Commercial paper	CRISIL A1+	3.39%
Small Industries Dev Bank of India (18/12/2026) · Certificate of deposit	CARE A1+	3.39%
ICICI Securities Limited (15/12/2026) · Commercial paper	CRISIL A1+	3.39%
HDFC Bank Limited (14/12/2026) · Certificate of deposit	CARE A1+	2.72%
91 Days Tbill (MD 15/10/2026) · Treasury bill	Sovereign	2.06%
364 Days Tbill (MD 03/12/2026) · Treasury bill	Sovereign	2.05%
91 Days Tbill (MD 10/12/2026) · Treasury bill	Sovereign	2.04%
Kotak Mahindra Bank Limited (21/12/2026)	CRISIL A1+	1.90%
Corporate Debt Market Development Fund		0.25%

WhiteOak Capital Liquid Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Parag Parikh Liquid FundLiquid · PPFAS	19.1%	8	Compare
Bank of India Liquid FundLiquid · Bank of India	17.3%	9	Compare
JioBlackRock Liquid FundLiquid · Jio BlackRock	16.7%	7	Compare
Edelweiss Liquid FundLiquid · Edelweiss	15.5%	8	Compare
Shriram Liquid FundLiquid · Shriram	15.4%	6	Compare
Axis Liquid FundLiquid · Axis	13.3%	11	Compare
HSBC Liquid FundLiquid · HSBC	12.6%	7	Compare
ITI Liquid FundLiquid · ITI	12.5%	3	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

WhiteOak Capital Liquid Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.13%
Expense ratio (Regular): 0.23%
Category: Liquid
Risk: Low to Moderate
Benchmark: CRISIL Liquid Debt A-I Index
Launch date: 16-01-2019
AUM: ₹726.60 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 145971
ISIN (Direct): INF03VN01043
Scheme code (Regular): 145968
ISIN (Regular): INF03VN01126
NAV history: From 17-01-2019, 7.8 years

Minimum investment: For Growth option - Rs.500; For IDCW option - Rs.2000
Minimum additional investment: For Growth option - Rs.500; For IDCW option - Rs.2000
Exit load: Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.

Tax on WhiteOak Capital Liquid Fund returns

WhiteOak Capital Liquid Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹1,531.1753	30-10-2026
direct	Daily IDCW Reinvestment	₹1,001.9025	30-10-2026
direct	Fortnightly IDCW Payout Reinvestment	₹1,002.9577	30-10-2026
direct	Monthly IDCW Payout Reinvestment	₹1,004.1499	30-10-2026
direct	Weekly IDCW Payout Reinvestment	₹1,002.521	30-10-2026
regular	Growth	₹1,519.9771	30-10-2026
regular	Daily IDCW Reinvestment	₹1,001.9023	30-10-2026
regular	Fortnightly IDCW Payout Reinvestment	₹1,004.0796	30-10-2026
regular	Monthly IDCW Payout Reinvestment	₹1,003.7073	30-10-2026
regular	Weekly IDCW Payout Reinvestment	₹1,002.4585	30-10-2026

About WhiteOak Capital Liquid Fund

WhiteOak Capital Liquid Fund is a mutual fund from WhiteOak Capital Mutual Fund. Its category is Liquid. It was launched on 16-01-2019. Its benchmark is CRISIL Liquid Debt A-I Index. At the end of September 2026 it held 27 securities.

Fund Manager

Piyush Baranwal
Fund manager of WhiteOak Capital Liquid Fund

See all funds of WhiteOak Capital Mutual Fund

AUM change

September 2026: ₹726.60 Cr; −2.15% from August 2026
August 2026: ₹742.59 Cr; +10.46% from July 2026
July 2026: ₹672.30 Cr; +5.05% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare WhiteOak Capital Liquid Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

WhiteOak Capital Liquid vs Aditya Birla Sun Life LiquidLiquid
WhiteOak Capital Liquid vs Axis Liquid13.3% overlap
WhiteOak Capital Liquid vs Edelweiss Liquid15.5% overlap
WhiteOak Capital Liquid vs Franklin India LiquidLiquid
WhiteOak Capital Liquid vs Sundaram LiquidLiquid
WhiteOak Capital Liquid vs Parag Parikh Liquid19.1% overlap
WhiteOak Capital Liquid vs Bank of India Liquid17.3% overlap
WhiteOak Capital Liquid vs JioBlackRock Liquid16.7% overlap

Compare with any other fund

Frequently Asked Questions for WhiteOak Capital Liquid Fund

What is the current NAV of WhiteOak Capital Liquid Fund?

The Direct plan NAV is ₹1,531.1753. The Regular plan NAV is ₹1,519.9771, as on 30-10-2026.

What are the returns of WhiteOak Capital Liquid Fund?

The Direct plan returned +6.36% in 1 year, +6.80% a year over 3 years, +6.25% a year over 5 years. The Regular plan returned +6.25% in 1 year, +6.70% a year over 3 years, +6.14% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of WhiteOak Capital Liquid Fund?

The Direct plan charges 0.13% a year. The Regular plan charges 0.23% a year. This is the figure the fund house reported to AMFI, in force from 12-10-2026.

What is the AUM of WhiteOak Capital Liquid Fund?

WhiteOak Capital Liquid Fund managed ₹726.60 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of WhiteOak Capital Liquid Fund?

At the end of September 2026 the largest holdings were Export Import Bank of India (14/12/2026) (10.19%), Power Finance Corporation Limited (09/12/2026) (6.80%), 91 Days Tbill (MD 27/11/2026) (6.51%), Union Bank of India (27/10/2026) (3.43%), 91 Days Tbill (MD 29/10/2026) (3.43%). The fund held 27 securities in all.

How do I invest in WhiteOak Capital Liquid Fund?

Through WhiteOak Capital Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least For Growth option - Rs.500; For IDCW option - Rs.2000. You can invest once or through a monthly SIP.

Who is the fund manager of WhiteOak Capital Liquid Fund?

Piyush Baranwal.

What is the exit load of WhiteOak Capital Liquid Fund?

Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.