WhiteOak Capital Banking & Financial Services Fund Direct Growth

Fund Overview

Fund Size

₹394 Cr

Expense Ratio

0.68%

ISIN

INF03VN01860

Minimum SIP

₹500

Exit Load

1.00%

Inception Date

06 Feb 2024

About this fund

This fund has been in existence for 1 years, 4 months and 3 days, having been launched on 06-Feb-24.
As of 06-Jun-25, it has a Net Asset Value (NAV) of ₹12.74, Assets Under Management (AUM) of 393.55 Crores, and an expense ratio of 0.68%.

WhiteOak Capital Banking & Financial Services Fund Direct Growth has given a CAGR return of 19.97% since inception.
The fund's asset allocation comprises around 89.27% in equities, 0.00% in debts, and 10.73% in cash & cash equivalents.
You can start investing in WhiteOak Capital Banking & Financial Services Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+24.87%

+15.13% (Cat Avg.)

Since Inception

+19.97%

— (Cat Avg.)

Portfolio Summaryas of 30th April 2025

Equity	₹351.33 Cr	89.27%
Others	₹42.22 Cr	10.73%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹81.84 Cr	20.80%
HDFC Bank Ltd	Equity	₹54.39 Cr	13.82%
Kotak Mahindra Bank Ltd	Equity	₹31.53 Cr	8.01%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹23.65 Cr	6.01%
State Bank of India	Equity	₹21.51 Cr	5.47%
Axis Bank Ltd	Equity	₹19.24 Cr	4.89%
Bajaj Finserv Ltd	Equity	₹15.94 Cr	4.05%
Bajaj Finance Ltd	Equity	₹10.22 Cr	2.60%
Aadhar Housing Finance Ltd	Equity	₹8.16 Cr	2.07%
PB Fintech Ltd	Equity	₹8.07 Cr	2.05%
Cholamandalam Financial Holdings Ltd	Equity	₹7.72 Cr	1.96%
Power Finance Corp Ltd	Equity	₹7.7 Cr	1.96%
HDFC Life Insurance Co Ltd	Equity	₹7.53 Cr	1.91%
Muthoot Finance Ltd	Equity	₹6.31 Cr	1.60%
Cholamandalam Investment and Finance Co Ltd	Equity	₹5.73 Cr	1.46%
CARE Ratings Ltd	Equity	₹5.55 Cr	1.41%
Bajaj Holdings and Investment Ltd	Equity	₹5.22 Cr	1.33%
Max Financial Services Ltd	Equity	₹5.07 Cr	1.29%
Multi Commodity Exchange of India Ltd	Equity	₹4.85 Cr	1.23%
CreditAccess Grameen Ltd Ordinary Shares	Equity	₹4.57 Cr	1.16%
SBI Life Insurance Co Ltd	Equity	₹4.54 Cr	1.15%
India Shelter Finance Corporation Ltd	Equity	₹4.49 Cr	1.14%
182 DTB 19062025	Bond - Gov't/Treasury	₹3.97 Cr	1.01%
ICICI Prudential Life Insurance Co Ltd	Equity	₹3.14 Cr	0.80%
CSB Bank Ltd Ordinary Shares	Equity	₹3.06 Cr	0.78%
City Union Bank Ltd	Equity	₹3.02 Cr	0.77%
91 Days Tbill Red 08-05-2025	Bond - Gov't/Treasury	₹3 Cr	0.76%
182 DTB 15052025	Bond - Gov't/Treasury	₹2.99 Cr	0.76%
Home First Finance Co India Ltd ---	Equity	₹2.99 Cr	0.76%
One97 Communications Ltd	Equity	₹2.9 Cr	0.74%
The Federal Bank Ltd	Equity	₹2.78 Cr	0.71%
Karur Vysya Bank Ltd	Equity	₹2.74 Cr	0.70%
Go Digit General Insurance Ltd	Equity	₹2.56 Cr	0.65%
Edelweiss Financial Services Ltd	Equity	₹2.18 Cr	0.55%
India (Republic of)	Bond - Short-term Government Bills	₹1.98 Cr	0.50%
India (Republic of)	Bond - Short-term Government Bills	₹1.98 Cr	0.50%
Manappuram Finance Ltd	Equity	₹1.94 Cr	0.49%
Motilal Oswal Financial Services Ltd	Equity	₹1.82 Cr	0.46%
Net Receivables / (Payables)	Cash - Collateral	₹1.48 Cr	0.38%
Shriram Finance Ltd	Equity	₹1.13 Cr	0.29%
91 Days Treasury Bill 26-Jun-2025	Bond - Gov't/Treasury	₹1.09 Cr	0.28%
364 DTB 23052025	Bond - Gov't/Treasury	₹1 Cr	0.25%
91 Days Tbill Red 19-06-2025	Bond - Gov't/Treasury	₹0.89 Cr	0.23%
Geojit Financial Services Ltd	Equity	₹0.73 Cr	0.19%
182 DTB 05062025	Bond - Gov't/Treasury	₹0.2 Cr	0.05%
Computer Age Management Services Ltd Ordinary Shares	Equity	₹0.1 Cr	0.02%
AU Small Finance Bank Ltd	Equity	₹0.04 Cr	0.01%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹348.33 Cr	88.51%
Technology	₹3 Cr	0.76%

Risk & Performance Ratios

Fund Managers

Piyush Baranwal

Since February 2024

Ramesh Mantri

Since February 2024

Trupti Agrawal

Since February 2024

Dheeresh Pathak

Since April 2024

Ashish Agrawal

Since January 2025

Additional Scheme Detailsas of 30th April 2025

ISIN

INF03VN01860

Expense Ratio

0.68%

Exit Load

1.00%

Fund Size

₹394 Cr

Age

1 year 4 months

Lumpsum Minimum

₹500

Fund Status

Open Ended Investment Company

Benchmark

Nifty Financial Services TRI

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Sector - Financial Services Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HSBC Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹578.78 Cr	-
HSBC Financial Services Fund Direct Growth Very High Risk	0.9%	1.0%	₹578.78 Cr	-
HDFC Nifty Bank ETF Very High Risk	0.2%	-	₹2729.58 Cr	15.2%
Mirae Asset Nifty PSU Bank ETF Very High Risk	0.2%	-	₹38.33 Cr	-
Edelweiss Nifty Bank ETF Very High Risk	0.1%	-	₹7.11 Cr	-
Helios Financial Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹164.38 Cr	-
Helios Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹164.38 Cr	-
Baroda BNP Paribas NIFTY Bank ETF Very High Risk	0.1%	-	₹3.50 Cr	-
ICICI Prudential Nifty Private Banks ETF Very High Risk	0.1%	-	₹3352.80 Cr	14.0%
HDFC Nifty Private Bank ETF Very High Risk	0.1%	-	₹336.01 Cr	14.1%
Groww Banking & Financial Services Fund Regular Growth Very High Risk	2.3%	1.0%	₹51.80 Cr	14.2%
Groww Banking & Financial Services Fund Direct Growth Very High Risk	0.4%	1.0%	₹51.80 Cr	16.4%
WhiteOak Capital Banking & Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹393.55 Cr	22.8%
WhiteOak Capital Banking & Financial Services Fund Direct Growth Very High Risk	0.7%	1.0%	₹393.55 Cr	24.9%
HDFC Nifty PSU Bank ETF Very High Risk	0.3%	-	₹24.71 Cr	-0.9%
Bajaj Finserv Nifty Bank ETF Very High Risk	0.1%	-	₹312.18 Cr	15.2%
DSP Banking & Financial Services Fund Regular Growth Very High Risk	2.2%	0.0%	₹1209.60 Cr	27.0%
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.7%	0.0%	₹1209.60 Cr	28.9%
Mirae Asset Nifty Financial Services ETF Very High Risk	0.1%	-	₹411.81 Cr	23.2%
Kotak Nifty Bank ETF Very High Risk	0.1%	-	₹5499.02 Cr	15.1%
Nippon India Banking & Financial Services Fund Direct Growth Very High Risk	1.0%	1.0%	₹6966.89 Cr	21.1%
Invesco India Financial Services Fund Direct Growth Very High Risk	0.9%	1.0%	₹1307.57 Cr	23.3%
UTI Nifty Bank ETF Very High Risk	0.2%	-	₹3924.40 Cr	15.3%
HDFC Nifty Private Bank ETF Very High Risk	0.1%	-	₹352.74 Cr	-88.9%
ICICI Prudential Nifty Bank ETF Very High Risk	0.1%	-	₹3107.26 Cr	15.2%
SBI Nifty Private Bank ETF Very High Risk	0.1%	-	₹514.47 Cr	14.0%
Bandhan Financial Services Fund Regular Growth Very High Risk	2.2%	0.0%	₹1008.34 Cr	19.6%
Bandhan Financial Services Fund Direct Growth Very High Risk	0.6%	0.0%	₹1008.34 Cr	21.5%
Mirae Asset Nifty Bank ETF Very High Risk	0.1%	-	₹251.36 Cr	15.2%
SBI Nifty Bank ETF Very High Risk	0.2%	-	₹4371.97 Cr	15.2%
Quant BFSI Fund Regular Growth Very High Risk	2.4%	1.0%	₹580.01 Cr	3.6%
Baroda BNP Paribas Banking and Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹256.78 Cr	21.4%
Quant BFSI Fund Direct Growth Very High Risk	0.8%	1.0%	₹580.01 Cr	5.3%
ICICI Prudential Nifty Financial Services Ex-Bank ETF Very High Risk	0.2%	-	₹129.15 Cr	31.8%
HDFC Banking & Financial Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹4010.23 Cr	18.2%
HDFC Banking & Financial Services Fund Regular Growth Very High Risk	1.9%	1.0%	₹4010.23 Cr	16.8%
UTI Banking and Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹1294.71 Cr	21.1%
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹256.78 Cr	23.2%
SBI Banking & Financial Services Fund Direct Growth Very High Risk	0.8%	0.0%	₹7649.78 Cr	21.7%
SBI Banking & Financial Services Fund Regular Growth Very High Risk	1.8%	0.0%	₹7649.78 Cr	20.4%
ICICI Prudential Banking and Financial Services Direct Growth Very High Risk	1.0%	1.0%	₹9374.76 Cr	21.6%
ITI Banking and Financial Services Fund Regular Growth Very High Risk	2.4%	0.0%	₹300.53 Cr	17.7%
ITI Banking and Financial Services Fund Direct Growth Very High Risk	0.6%	0.0%	₹300.53 Cr	19.9%
Kotak Banking & Financial Services Fund Regular Growth Very High Risk	2.2%	0.0%	₹1176.95 Cr	17.7%
Kotak Banking & Financial Services Fund Direct Growth Very High Risk	0.7%	0.0%	₹1176.95 Cr	19.5%
Sundaram Financial Services Opportunities Direct Growth Very High Risk	0.8%	0.0%	₹1524.15 Cr	15.9%
Taurus Banking & Financial Services Fund Direct Growth Very High Risk	1.6%	1.0%	₹11.72 Cr	15.1%
Mirae Asset Banking and Financial Services Fund Regular Growth Very High Risk	2.0%	1.0%	₹1946.52 Cr	18.9%
Mirae Asset Banking and Financial Services Fund Direct Growth Very High Risk	0.6%	1.0%	₹1946.52 Cr	20.6%
ICICI Prudential Nifty PSU Bank ETF Very High Risk	0.4%	-	₹70.55 Cr	-0.9%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of WhiteOak Capital Banking & Financial Services Fund Direct Growth?

The NAV of WhiteOak Capital Banking & Financial Services Fund Direct Growth, as of 06-Jun-2025, is ₹12.74.

What is the portfolio composition of WhiteOak Capital Banking & Financial Services Fund Direct Growth?

The fund's allocation of assets is distributed as 89.27% in equities, 0.00% in bonds, and 10.73% in cash and cash equivalents.

Who manages the WhiteOak Capital Banking & Financial Services Fund Direct Growth?

The fund managers responsible for WhiteOak Capital Banking & Financial Services Fund Direct Growth are:-

Piyush Baranwal
Ramesh Mantri
Trupti Agrawal
Dheeresh Pathak
Ashish Agrawal

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹394 Cr

Expense Ratio

0.68%

ISIN

INF03VN01860

Minimum SIP

₹500

Exit Load

1.00%

Inception Date

06 Feb 2024

Risk Level

Your principal amount will be at Very High Risk