WhiteOak Capital Ultra Short Term Fund

Ultra ShortDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

WhiteOak Capital Ultra Short Term Fund is an Ultra Short fund run by WhiteOak Capital Mutual Fund. On 30-09-2026, it managed ₹549 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 6.9% a year and its Regular plan returned 6.3% a year.

NAV (Direct plan): ₹1,527.59; ▲ 0.01%30-10-2026
NAV (Regular plan): ₹1,465.26; ▲ 0.01%30-10-2026
Expense ratio: 0.27%Direct0.82%Regular; 0.27%; A year
Riskometer: Low to Moderate; Set by the fund house
3 year return: 6.9%Direct6.3%Regular; 6.9%; A year

WhiteOak Capital Ultra Short Term Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹1,527.59 (up 0.01% that day); Regular Plan Growth ₹1,465.26 (up 0.01% that day).

This fund (Direct plan)

₹1,527.5946

WhiteOak Capital Ultra Short Term Fund Returns vs Ultra Short 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)	+0.29%	+1.43%	+3.16%	+6.20%	+6.92%	+6.36%	--
This fund (Regular)	+0.25%	+1.29%	+2.88%	+5.64%	+6.35%	+5.74%	--
Ultra Short average	+0.30%	+1.34%	+3.06%	+6.00%	+6.82%	+6.27%	--
Best in Ultra Short	+0.39%	+1.59%	+3.46%	+6.84%	+7.44%	+6.82%	--
Worst in Ultra Short	−0.11%	0.00%	+0.02%	0.00%	0.00%	+0.41%	--
Rank in Ultra Short	22/26	14/25	17/25	20/25	20/23	17/22	--

Category rows compare the Direct plans of 26 Ultra Short funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Ultra Short Duration Debt A-I Index. Returns of that index are not available to us, so the category average is the comparison.

WhiteOak Capital Ultra Short Term Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+5.18%	+4.72%
2025	+6.94%	+6.37%
2024	+7.46%	+6.89%
2023	+7.06%	+6.38%
2022	+4.60%	+3.90%
2021	+4.51%	+3.99%

WhiteOak Capital Ultra Short Term 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 1,063 periods, one for each trading day from 10-06-2022 to 30-10-2026.

0%2%4%6%8%

Oct 2019
to
Oct 2022Jul 2020
to
Jul 2023Apr 2021
to
Apr 2024Jan 2022
to
Jan 2025Oct 2022
to
Oct 2025Jun 2023
to
Jun 2026

WhiteOak Capital Ultra Short Term Fund (Direct)Category average, 26 Ultra Short funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	1,552	6.2%	3.6%	7.8%	0%	6.3%	69%
2 years	1,307	6.1%	4.0%	7.5%	0%	5.9%	80%
3 years	1,063	6.0%	4.3%	7.2%	0%	5.9%	78%
5 years	581	6.0%	5.4%	6.5%	0%	5.8%	62%
7 years	96	5.9%	5.8%	5.9%	0%	6.0%	0%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	77	6.2%	3.6%	7.8%	0%	6.4%	70%
2 years	65	6.5%	3.9%	7.6%	0%	6.4%	89%
3 years	53	6.7%	4.1%	7.5%	0%	6.6%	87%
5 years	29	6.6%	5.8%	6.8%	0%	6.5%	100%

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 26 Ultra Short funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

WhiteOak Capital Ultra Short Term Fund Risk

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

Risk and return

Measure	WhiteOak Capital Ultra Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+6.20%	+6.00%
Standard deviation	0.43%	0.44%
Sharpe ratio	2.19	1.73
Sortino ratio	3.56	2.73
Maximum drawdown	−0.10% (22-10-2026)	−0.09% (08-07-2026)

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 Ultra Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+6.92%	+6.81%
Standard deviation	0.36%	0.36%
Sharpe ratio	2.47	2.17
Sortino ratio	4.60	3.92
Maximum drawdown	−0.10% (22-10-2026)	−0.09% (08-07-2026)

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 Ultra Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+6.36%	+6.28%
Standard deviation	0.34%	0.34%
Sharpe ratio	1.63	1.40
Sortino ratio	2.91	2.37
Maximum drawdown	−0.16% (11-05-2022)	−0.22% (06-05-2022)

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 Ultra Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+5.89%	+6.05%
Standard deviation	0.53%	0.47%
Sharpe ratio	1.39	1.93
Sortino ratio	4.39	3.77
Maximum drawdown	−0.16% (11-05-2022)	−0.77% (24-03-2020)

From daily NAVs, 10-06-2019 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.

−0.8%−0.6%−0.4%−0.2%0%

2020202120222023202420252026

WhiteOak Capital Ultra Short Term Fund (Direct)Category average, 26 Ultra Short funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
WhiteOak Capital Ultra Short Term Fund (Direct)	−0.16%	02-05-2022	11-05-2022	24-05-2022	13 days	0.0%
Category average	−0.77%	11-03-2020	24-03-2020	27-03-2020	3 days	0.0%

From the Direct plan's daily NAV since 10-06-2019, adjusted for unit splits, and the average of the 26 Ultra Short 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 Ultra Short Term Fund vs Other Ultra Short Funds

The five Ultra Short 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
Tata Ultra Short Term Fund	1/23	5,404	0.33%	+6.84%	+7.44%	--	--	3.83	7.92	Compare
Aditya Birla Sun Life Ultra Short Term Fund	2/23	16,279	0.32%	+6.36%	+7.41%	--	--	3.30	6.20	Compare
Axis Ultra Short Term fund	3/23	4,996	0.36%	+6.56%	+7.37%	--	--	3.53	7.07	Compare
Mirae Asset Ultra Short-Term Fund	4/23	1,808	0.22%	+6.48%	+7.34%	--	--	3.33	6.25	Compare
ICICI Prudential Ultra Short Term Fund	5/23	15,236	0.40%	+6.37%	+7.31%	--	--	3.25	6.24	Compare
WhiteOak Capital Ultra Short Term Fund	20/23	549	0.27%	+6.20%	+6.92%	--	--	2.47	4.60

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 Ultra Short Term Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Ultra Short median	Cost rank (1 = cheapest)
Direct	0.22%	0.01%	0.00%	0.04%	0.27%	0.30%	8/26
Regular	0.69%	0.01%	0.00%	0.12%	0.82%	0.81%	14/26

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 Ultra Short 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	5.64%	6.20%	0.56%	₹1,05,640	₹1,06,200
3 years	6.35%	6.92%	0.57% a year	₹1,20,285	₹1,22,230
5 years	5.74%	6.36%	0.62% a year	₹1,32,189	₹1,36,111

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 Ultra Short Term 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 10-06-2019 to 30-10-2026: 89 instalments, ₹8,90,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planWhiteOak Capital Ultra Short Term Fund (Direct)	₹8,90,000	₹11,28,147	₹2,38,147	6.3%
Regular planWhiteOak Capital Ultra Short Term Fund (Regular)	₹8,90,000	₹11,03,136	₹2,13,136	5.7%
Category averageCategory average, 26 Ultra Short funds	₹8,90,000	₹11,25,130	₹2,35,130	6.2%

₹0₹5.0 L₹10.0 L₹15.0 L

2020202120222023202420252026

Direct planWhiteOak Capital Ultra Short Term Fund (Direct)Regular planWhiteOak Capital Ultra Short Term Fund (Regular)Category averageCategory average, 26 Ultra Short 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 Ultra Short Term Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

94.2%Debt

Asset	Fund	Category
Debt	94.2%	96.7%
Cash and others	5.8%	3.8%

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 26 Ultra Short funds.

Rating	Fund	Category
Sovereign	1.8%	7.3%
AAA and A1+	85.1%	77.2%
AA	7.3%	12.2%

WhiteOak Capital Ultra Short Term Fund Portfolio Holdings

As on 30-09-2026 · 22 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
National Bank For Agriculture and Rural Development (17/02/2027) · Certificate of deposit	CRISIL A1+	8.87%
Bank of Baroda (08/03/2027) · Certificate of deposit	CARE A1+	8.49%
8.9% Muthoot Finance Limited (17/06/2027) · Bond	CRISIL AA+	4.56%
7.9% LIC Housing Finance Limited (23/06/2027) · Bond	CRISIL AAA	4.55%
7.14% Bajaj Housing Finance Limited (26/02/2027) · Bond	CRISIL AAA	4.54%
Small Industries Dev Bank of India (04/02/2027) · Certificate of deposit	CRISIL A1+	4.45%
Canara Bank (29/01/2027) · Certificate of deposit	CRISIL A1+	4.45%
HDFC Bank Limited (15/02/2027) · Certificate of deposit	CARE A1+	4.44%
Bank of India (17/02/2027) · Certificate of deposit	CRISIL A1+	4.44%
ICICI Bank Limited (12/02/2027)	ICRA A1+	4.44%
Mahindra & Mahindra Financial Services Limited (18/02/2027) · Commercial paper	CRISIL A1+	4.43%
Toyota Financial Services India Limited (17/02/2027) · Commercial paper	CRISIL A1+	4.43%
Canara Bank (04/03/2027) · Certificate of deposit	CRISIL A1+	4.42%
REC Limited (19/03/2027) · Commercial paper	CRISIL A1+	4.41%
Indian Bank (21/06/2027) · Certificate of deposit	CRISIL A1+	4.33%
Punjab National Bank (04/02/2027) · Certificate of deposit	CRISIL A1+	4.09%
Cholamandalam Investment and Finance Company Ltd (25/01/2027) · Commercial paper	CRISIL A1+	3.56%
Union Bank of India (19/01/2027) · Certificate of deposit	ICRA A1+	3.48%
Kotak Mahindra Bank Limited (21/12/2026)	CRISIL A1+	3.32%
8.4% Cholamandalam Investment and Finance Company Ltd (18/09/2027) · Bond	ICRA AA+	2.74%
182 Days Tbill (MD 21/01/2027) · Treasury bill	Sovereign	1.79%
Corporate Debt Market Development Fund		0.29%

WhiteOak Capital Ultra Short Term Fund Portfolio Overlap

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

Fund	Overlap	Holdings in common
Bajaj Finserv Ultra Short to Short Term FundLow Duration · Bajaj Finserv	15.5%	5	Compare
LIC MF Ultra Short Term FundUltra Short · LIC	15.0%	6	Compare
Bajaj Finserv Money Market FundMoney Market · Bajaj Finserv	15.0%	8	Compare
Edelweiss Money Market FundMoney Market · Edelweiss	14.4%	4	Compare
HSBC Money Market FundMoney Market · HSBC	13.9%	9	Compare
Canara Robeco Ultra Short to Short Term FundLow Duration · Canara Robeco	13.2%	5	Compare
Canara Robeco Ultra Short Term FundUltra Short · Canara Robeco	12.7%	4	Compare
TRUSTMF Money Market FundMoney Market · Trust	12.4%	4	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 Ultra Short Term Fund Overview

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

Expense ratio (Direct): 0.27%
Expense ratio (Regular): 0.82%
Category: Ultra Short
Risk: Low to Moderate
Launch date: 06-06-2019
AUM: ₹549.20 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 147311
ISIN (Direct): INF03VN01209
Scheme code (Regular): 147307
ISIN (Regular): INF03VN01282
NAV history: From 10-06-2019, 7.4 years

Benchmark: CRISIL Ultra Short Duration Debt A-I Index
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: Nil

Tax on WhiteOak Capital Ultra Short Term Fund returns

WhiteOak Capital Ultra Short Term 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	₹1,527.5946	30-10-2026
direct	Daily IDCW Reinvestment	₹1,004.9898	30-10-2026
direct	Fortnightly IDCW Payout Reinvestment	₹1,006.267	30-10-2026
direct	Monthly IDCW Payout Reinvestment	₹1,006.7842	30-10-2026
direct	Weekly IDCW Payout Reinvestment	₹1,005.1441	30-10-2026
regular	Growth	₹1,465.2577	30-10-2026
regular	Daily IDCW Reinvestment	₹1,004.9926	30-10-2026
regular	Fortnightly IDCW Payout Reinvestment	₹1,006.0168	30-10-2026
regular	Monthly IDCW Payout Reinvestment	₹1,005.4612	30-10-2026
regular	Weekly IDCW Payout Reinvestment	₹1,006.5107	30-10-2026

About WhiteOak Capital Ultra Short Term Fund

WhiteOak Capital Ultra Short Term Fund is a mutual fund from WhiteOak Capital Mutual Fund. Its category is Ultra Short. It was launched on 06-06-2019. Its benchmark is CRISIL Ultra Short Duration Debt A-I Index. At the end of September 2026 it held 22 securities.

Fund Manager

Piyush Baranwal
Fund manager of WhiteOak Capital Ultra Short Term Fund

See all funds of WhiteOak Capital Mutual Fund

AUM change

September 2026: ₹549.20 Cr; −5.98% from August 2026
August 2026: ₹584.11 Cr; +5.91% from July 2026
July 2026: ₹551.52 Cr; +3.17% from June 2026

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

Compare WhiteOak Capital Ultra Short Term Fund with Other Funds

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

WhiteOak Capital Ultra Short Term vs Tata Ultra Short TermUltra Short
WhiteOak Capital Ultra Short Term vs Aditya Birla Sun Life Ultra Short TermUltra Short
WhiteOak Capital Ultra Short Term vs Axis Ultra Short Term fundUltra Short
WhiteOak Capital Ultra Short Term vs Mirae Asset Ultra Short-TermUltra Short
WhiteOak Capital Ultra Short Term vs ICICI Prudential Ultra Short TermUltra Short
WhiteOak Capital Ultra Short Term vs Bajaj Finserv Ultra Short to Short Term15.5% overlap
WhiteOak Capital Ultra Short Term vs LIC MF Ultra Short Term15.0% overlap
WhiteOak Capital Ultra Short Term vs Bajaj Finserv Money Market15.0% overlap

Compare with any other fund

Frequently Asked Questions for WhiteOak Capital Ultra Short Term Fund

What is the current NAV of WhiteOak Capital Ultra Short Term Fund?

The Direct plan NAV is ₹1,527.5946. The Regular plan NAV is ₹1,465.2577, as on 30-10-2026.

What are the returns of WhiteOak Capital Ultra Short Term Fund?

The Direct plan returned +6.20% in 1 year, +6.92% a year over 3 years, +6.36% a year over 5 years. The Regular plan returned +5.64% in 1 year, +6.35% a year over 3 years, +5.74% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of WhiteOak Capital Ultra Short Term Fund?

The Direct plan charges 0.27% a year. The Regular plan charges 0.82% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of WhiteOak Capital Ultra Short Term Fund?

WhiteOak Capital Ultra Short Term Fund managed ₹549.20 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of WhiteOak Capital Ultra Short Term Fund?

At the end of September 2026 the largest holdings were National Bank For Agriculture and Rural Development (17/02/2027) (8.87%), Bank of Baroda (08/03/2027) (8.49%), 8.9% Muthoot Finance Limited (17/06/2027) (4.56%), 7.9% LIC Housing Finance Limited (23/06/2027) (4.55%), 7.14% Bajaj Housing Finance Limited (26/02/2027) (4.54%). The fund held 22 securities in all.

How do I invest in WhiteOak Capital Ultra Short Term 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 Ultra Short Term Fund?

Piyush Baranwal.

What is the exit load of WhiteOak Capital Ultra Short Term Fund?

Nil

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.