whiteoak capital banking financial services fund directgrowth

WhiteOak Capital Banking & Financial Services Fund Direct-Growth

Equity: Sectoral-Banking & Financial Services - Growth (Open ended)

SEBI Riskometer: Very HighCategory: Equity: Sectoral-Banking & Financial ServicesBenchmark: NIFTY Financial Services Total Return IndexCheck Portfolio Overlap →

NAV: ₹12.66-0.35%

22 Oct 2026

1 Week returns: -3.29 %

Category rank: 39/48

1 Month returns: -5.07 %

Category rank: 32/48

1 Year CAGR: -4.32 %

Category rank: 13/39

3 Years CAGR: -

Category rank: -

5 Years CAGR: -

Category rank: -

52 week high/low

₹11.54

₹13.88

AUM

665.02

Expense Ratio

1.05

Inception

1707264.00

P/E

18.22

P/B

2.28

Max Drawdown

-0.16

Return 1M

-5.07

Return 1Y

-4.32

Return 3Y

Return 5Y

Alpha

Sharpe

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.

Positive

Relatively low expense ratio

Expense ratio of the scheme (1.05%) is lower than average expense ratio of the category (1.89%), excluding index funds and ETFs

This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same

What is Expense ratio?

Negative

Not enough talking points with negative stance

Neutral

Not enough performance data

Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis

Scheme Overview

The Scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of banks & companies engaged in Financial Services Sector.

Scheme Category Overview →

Plan Variants

No variants available.

Fund Managers

Piyush Baranwal

Since: 16 Jan 2024

View details

Education

Mr.Piyush Baranwal is a B. Tech. in Electronics and communication from Manipal Institute of Technology,Manipal.He completed PGDBM in Finance from S.P.Jain Institute of Management and Reserch and CFA.

Past Experience

Prior to joining WhiteOak Capital Mutual Fund he has worked with BOI AXA, Morgan Stanley Investment Management (Jan, 2011-June, 2014) and Principal Pnb AMC as a Dealer- Fixed Income (May, 2008-Jan, 2011).

Funds managed (22)

1.WhiteOak Capital Liquid Fund2 Jan 2019 – Present

2.WhiteOak Capital Ultra Short Term Fund24 May 2019 – Present

3.WhiteOak Capital Flexi Cap Fund12 Jul 2022 – Present

4.WhiteOak Capital Mid Cap Fund16 Aug 2022 – Present

5.WhiteOak Capital ELSS Tax Saver Fund16 Aug 2022 – Present

6.WhiteOak Capital Large Cap Fund10 Nov 2022 – Present

7.WhiteOak Capital Balanced Advantage Fund20 Jan 2023 – Present

8.WhiteOak Capital Multi Asset Allocation Fund3 May 2023 – Present

9.WhiteOak Capital Multi Cap Fund31 Aug 2023 – Present

10.WhiteOak Capital Balanced Hybrid Fund5 Oct 2023 – Present

11.WhiteOak Capital Large & Mid Cap Fund1 Dec 2023 – Present

12.WhiteOak Capital Banking & Financial Services Fund16 Jan 2024 – Present

13.WhiteOak Capital Pharma and Healthcare Fund16 Jan 2024 – Present

14.WhiteOak Capital Special Opportunities Fund15 May 2024 – Present

15.WhiteOak Capital Arbitrage Fund28 Aug 2024 – Present

16.WhiteOak Capital Digital Bharat Fund20 Sep 2024 – Present

17.WhiteOak Capital ESG Best-In-Class Strategy Fund11 Oct 2024 – Present

18.WhiteOak Capital Quality Equity Fund8 Jan 2025 – Present

19.WhiteOak Capital Equity Savings Fund25 Feb 2025 – Present

20.WhiteOak Capital Consumption Opportunities Fund20 Jan 2026 – Present

21.WhiteOak Capital Aggressive Hybrid Fund8 Jun 2026 – Present

22.WhiteOak Capital Dividend Yield Fund10 Aug 2026 – Present

Ashish Agrawal

Since: 6 Jan 2025

View details

Education

PGDBM in Finance from Institute of Management Technology, Ghaziabad and Bachelor of Commerce from University of Lucknow

Past Experience

Prior to joining Whiteoak Capital AMC, he was working with Motilal Owal Asset Management Co. Ltd from 2016 till date. Citigroup Global Markets Ltd from 2010 to 2016

Funds managed (21)

1.WhiteOak Capital Flexi Cap Fund6 Jan 2025 – Present

2.WhiteOak Capital Mid Cap Fund6 Jan 2025 – Present

3.WhiteOak Capital ELSS Tax Saver Fund6 Jan 2025 – Present

4.WhiteOak Capital Large Cap Fund6 Jan 2025 – Present

5.WhiteOak Capital Balanced Advantage Fund6 Jan 2025 – Present

6.WhiteOak Capital Multi Asset Allocation Fund6 Jan 2025 – Present

7.WhiteOak Capital Multi Cap Fund6 Jan 2025 – Present

8.WhiteOak Capital Balanced Hybrid Fund6 Jan 2025 – Present

9.WhiteOak Capital Large & Mid Cap Fund6 Jan 2025 – Present

10.WhiteOak Capital Banking & Financial Services Fund6 Jan 2025 – Present

11.WhiteOak Capital Pharma and Healthcare Fund6 Jan 2025 – Present

12.WhiteOak Capital Special Opportunities Fund6 Jan 2025 – Present

13.WhiteOak Capital Arbitrage Fund28 Aug 2024 – Present

14.WhiteOak Capital Digital Bharat Fund6 Jan 2025 – Present

15.WhiteOak Capital ESG Best-In-Class Strategy Fund6 Jan 2025 – Present

16.WhiteOak Capital Quality Equity Fund28 Feb 2025 – Present

17.WhiteOak Capital Equity Savings Fund25 Feb 2025 – Present

18.WhiteOak Capital Consumption Opportunities Fund20 Jan 2026 – Present

19.WhiteOak Capital Aggressive Hybrid Fund8 Jun 2026 – Present

20.WhiteOak Capital Dividend Yield Fund10 Aug 2026 – Present

21.WhiteOak Capital Diversified Equity Small Cap Active FoF28 Sep 2026 – Present

Ramesh Mantri

Since: 16 Jan 2024

View details

Education

Mr. Mantri is an MBA, CFA and CA

Past Experience

Prior to joining WhiteOak Capital Mutual Fund, he has worked with WhiteOak Capital Management, Ashoka Capital Advisers, Smith Management, and CRISIL.

Funds managed (20)

1.WhiteOak Capital Flexi Cap Fund12 Jul 2022 – Present

2.WhiteOak Capital Mid Cap Fund16 Aug 2022 – Present

3.WhiteOak Capital ELSS Tax Saver Fund16 Aug 2022 – Present

4.WhiteOak Capital Large Cap Fund10 Nov 2022 – Present

5.WhiteOak Capital Balanced Advantage Fund20 Jan 2023 – Present

6.WhiteOak Capital Multi Asset Allocation Fund3 May 2023 – Present

7.WhiteOak Capital Multi Cap Fund31 Aug 2023 – Present

8.WhiteOak Capital Balanced Hybrid Fund5 Oct 2023 – Present

9.WhiteOak Capital Large & Mid Cap Fund1 Dec 2023 – Present

10.WhiteOak Capital Banking & Financial Services Fund16 Jan 2024 – Present

11.WhiteOak Capital Pharma and Healthcare Fund16 Jan 2024 – Present

12.WhiteOak Capital Special Opportunities Fund20 May 2025 – Present

13.WhiteOak Capital Arbitrage Fund28 Aug 2024 – Present

14.WhiteOak Capital Digital Bharat Fund20 Sep 2024 – Present

15.WhiteOak Capital ESG Best-In-Class Strategy Fund11 Oct 2024 – Present

16.WhiteOak Capital Quality Equity Fund8 Jan 2025 – Present

17.WhiteOak Capital Equity Savings Fund25 Feb 2025 – Present

18.WhiteOak Capital Consumption Opportunities Fund20 Jan 2026 – Present

19.WhiteOak Capital Aggressive Hybrid Fund8 Jun 2026 – Present

20.WhiteOak Capital Dividend Yield Fund10 Aug 2026 – Present

Trupti Agrawal

Since: 16 Jan 2024

View details

Education

Ms. Agrawal has done B.Com and CA.

Past Experience

Prior to joining WhiteOak Capital Mutual Fund, she has worked with L&T Infrastructure Finance Co. Ltd. and Ernst & Young.

Funds managed (19)

1.WhiteOak Capital Flexi Cap Fund11 Aug 2022 – Present

2.WhiteOak Capital Mid Cap Fund7 Sep 2022 – Present

3.WhiteOak Capital ELSS Tax Saver Fund7 Sep 2022 – Present

4.WhiteOak Capital Large Cap Fund10 Nov 2022 – Present

5.WhiteOak Capital Balanced Advantage Fund20 Jan 2023 – Present

6.WhiteOak Capital Multi Asset Allocation Fund20 May 2025 – Present

7.WhiteOak Capital Multi Cap Fund31 Aug 2023 – Present

8.WhiteOak Capital Balanced Hybrid Fund5 Oct 2023 – Present

9.WhiteOak Capital Large & Mid Cap Fund1 Dec 2023 – Present

10.WhiteOak Capital Banking & Financial Services Fund16 Jan 2024 – Present

11.WhiteOak Capital Pharma and Healthcare Fund20 May 2025 – Present

12.WhiteOak Capital Special Opportunities Fund15 May 2024 – Present

13.WhiteOak Capital Digital Bharat Fund20 Sep 2024 – Present

14.WhiteOak Capital ESG Best-In-Class Strategy Fund11 Oct 2024 – Present

15.WhiteOak Capital Quality Equity Fund8 Jan 2025 – Present

16.WhiteOak Capital Equity Savings Fund25 Feb 2025 – Present

17.WhiteOak Capital Consumption Opportunities Fund20 Jan 2026 – Present

18.WhiteOak Capital Aggressive Hybrid Fund8 Jun 2026 – Present

19.WhiteOak Capital Dividend Yield Fund10 Aug 2026 – Present

Dheeresh Pathak

Since: 1 Apr 2024

View details

Education

Mr. Pathak has done B.E in Electronics Engineering and a PGDBM from MDI Gurgaon

Past Experience

Prior to joining WhiteOak Capital Mutual Fund, he has worked with Goldman Sachs

Funds managed (19)

1.WhiteOak Capital Flexi Cap Fund1 Apr 2024 – Present

2.WhiteOak Capital Mid Cap Fund1 Apr 2024 – Present

3.WhiteOak Capital ELSS Tax Saver Fund1 Apr 2024 – Present

4.WhiteOak Capital Large Cap Fund1 Apr 2024 – Present

5.WhiteOak Capital Balanced Advantage Fund1 Apr 2024 – Present

6.WhiteOak Capital Multi Asset Allocation Fund1 Apr 2024 – Present

7.WhiteOak Capital Multi Cap Fund1 Apr 2024 – Present

8.WhiteOak Capital Balanced Hybrid Fund1 Apr 2024 – Present

9.WhiteOak Capital Large & Mid Cap Fund1 Apr 2024 – Present

10.WhiteOak Capital Banking & Financial Services Fund1 Apr 2024 – Present

11.WhiteOak Capital Pharma and Healthcare Fund16 Jan 2024 – Present

12.WhiteOak Capital Special Opportunities Fund15 May 2024 – Present

13.WhiteOak Capital Digital Bharat Fund20 Sep 2024 – Present

14.WhiteOak Capital ESG Best-In-Class Strategy Fund11 Oct 2024 – Present

15.WhiteOak Capital Quality Equity Fund8 Jan 2025 – Present

16.WhiteOak Capital Equity Savings Fund25 Feb 2025 – Present

17.WhiteOak Capital Consumption Opportunities Fund20 Jan 2026 – Present

18.WhiteOak Capital Aggressive Hybrid Fund8 Jun 2026 – Present

19.WhiteOak Capital Dividend Yield Fund10 Aug 2026 – Present

Key Scheme Details

Inception

7 Feb 2024

Expense Ratio

1.05%

AUM

₹665.02 Cr

Lock in

No lock in

Taxation

Equity

Min. Investment

₹500

Min. Addl Investment

Min. SIP Investment

₹100

Exit load

AMC Overview

WhiteOak Capital Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:

Sep 30, 2026

Total AUM: ₹ 47,816 Cr

Equity

₹ 32,734 Cr

Hybrid

₹ 13,806 Cr

Debt

₹ 1,276 Cr

	Dec 31, 2021	Jan 31, 2022	Feb 28, 2022	Mar 31, 2022	Apr 30, 2022	May 31, 2022	Jun 30, 2022	Jul 31, 2022	Aug 31, 2022	Sep 30, 2022	Oct 31, 2022	Nov 30, 2022	Dec 31, 2022	Jan 31, 2023	Feb 28, 2023	Mar 31, 2023	Apr 30, 2023	May 31, 2023	Jun 30, 2023	Jul 31, 2023	Aug 31, 2023	Sep 30, 2023	Oct 31, 2023	Nov 30, 2023	Dec 31, 2023	Jan 31, 2024	Feb 29, 2024	Mar 31, 2024	Apr 30, 2024	May 31, 2024	Jun 30, 2024	Jul 31, 2024	Aug 31, 2024	Sep 30, 2024	Oct 31, 2024	Nov 30, 2024	Dec 31, 2024	Jan 31, 2025	Feb 28, 2025	Mar 31, 2025	Apr 30, 2025	May 31, 2025	Jun 30, 2025	Jul 31, 2025	Aug 31, 2025	Sep 30, 2025	Oct 31, 2025	Nov 30, 2025	Dec 31, 2025	Jan 31, 2026	Feb 28, 2026	Mar 31, 2026	Apr 30, 2026	May 31, 2026	Jun 30, 2026	Jul 31, 2026	Aug 31, 2026	Sep 30, 2026
equity	-	-	-	-	-	-	-	-	652 Cr	1,119 Cr	1,244 Cr	1,364 Cr	1,731 Cr	1,779 Cr	1,846 Cr	1,955 Cr	2,165 Cr	2,390 Cr	2,629 Cr	2,921 Cr	3,196 Cr	4,126 Cr	4,383 Cr	4,959 Cr	6,307 Cr	6,738 Cr	7,316 Cr	7,616 Cr	8,237 Cr	8,493 Cr	9,580 Cr	10,355 Cr	10,928 Cr	11,612 Cr	11,855 Cr	12,473 Cr	12,947 Cr	12,846 Cr	12,242 Cr	13,502 Cr	14,499 Cr	15,687 Cr	16,952 Cr	17,347 Cr	17,840 Cr	18,598 Cr	20,098 Cr	21,282 Cr	21,842 Cr	21,802 Cr	22,480 Cr	21,149 Cr	24,315 Cr	25,370 Cr	29,152 Cr	28,857 Cr	30,814 Cr	32,734 Cr
hybrid	-	-	-	-	-	-	-	-	-	-	-	-	-	-	316 Cr	330 Cr	359 Cr	471 Cr	542 Cr	656 Cr	750 Cr	832 Cr	956 Cr	1,048 Cr	1,147 Cr	1,205 Cr	1,285 Cr	1,406 Cr	1,525 Cr	1,622 Cr	1,769 Cr	1,913 Cr	2,025 Cr	2,259 Cr	2,420 Cr	2,614 Cr	2,789 Cr	2,941 Cr	3,174 Cr	3,638 Cr	4,049 Cr	4,574 Cr	5,090 Cr	5,666 Cr	6,172 Cr	6,885 Cr	7,723 Cr	8,441 Cr	9,021 Cr	9,728 Cr	10,264 Cr	10,115 Cr	11,040 Cr	11,664 Cr	10,063 Cr	13,448 Cr	14,451 Cr	13,806 Cr
debt	68 Cr	95 Cr	99 Cr	94 Cr	141 Cr	131 Cr	128 Cr	113 Cr	146 Cr	201 Cr	222 Cr	295 Cr	344 Cr	372 Cr	339 Cr	301 Cr	304 Cr	300 Cr	331 Cr	357 Cr	391 Cr	421 Cr	465 Cr	531 Cr	500 Cr	501 Cr	519 Cr	525 Cr	551 Cr	552 Cr	529 Cr	581 Cr	568 Cr	570 Cr	575 Cr	592 Cr	630 Cr	656 Cr	719 Cr	777 Cr	893 Cr	927 Cr	1,018 Cr	1,104 Cr	1,133 Cr	1,089 Cr	1,068 Cr	1,120 Cr	1,133 Cr	1,156 Cr	1,141 Cr	1,178 Cr	1,148 Cr	1,168 Cr	1,175 Cr	1,224 Cr	1,327 Cr	1,276 Cr
commodities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total	68 Cr	95 Cr	99 Cr	94 Cr	141 Cr	131 Cr	128 Cr	113 Cr	799 Cr	1,320 Cr	1,466 Cr	1,659 Cr	2,075 Cr	2,151 Cr	2,500 Cr	2,586 Cr	2,828 Cr	3,160 Cr	3,503 Cr	3,934 Cr	4,338 Cr	5,379 Cr	5,804 Cr	6,538 Cr	7,955 Cr	8,444 Cr	9,119 Cr	9,547 Cr	10,312 Cr	10,666 Cr	11,878 Cr	12,849 Cr	13,521 Cr	14,440 Cr	14,850 Cr	15,679 Cr	16,366 Cr	16,444 Cr	16,135 Cr	17,917 Cr	19,440 Cr	21,189 Cr	23,060 Cr	24,118 Cr	25,144 Cr	26,572 Cr	28,888 Cr	30,843 Cr	31,996 Cr	32,686 Cr	33,884 Cr	32,442 Cr	36,503 Cr	38,202 Cr	40,389 Cr	43,528 Cr	46,592 Cr	47,816 Cr

AMC Details

AMC

WhiteOak Capital Mutual Fund

CEO

Aashish P Somaiyaa(Chief Executive Officer)

CIO

Ramesh Mantri(Chief Investment Officer)

IRO

Anup Mehta

Trustee

WhiteOak Capital Trustee Limited

Phone

1800 266 3060

Website

http://www.whiteoakamc.com

Address

Unit No. B4, 6th Floor,, Cnergy, Appasaheb Marathe Marg,, Prabhadevi, Mumbai

Frequently Asked Questions

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

The current NAV of WhiteOak Capital Banking & Financial Services Fund Direct-Growth is ₹12.66 as of 21 Oct 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.

What is the AUM of WhiteOak Capital Banking & Financial Services Fund Direct-Growth?

The AUM (Assets Under Management) of WhiteOak Capital Banking & Financial Services Fund Direct-Growth is ₹665.02 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.

What is the expense ratio of WhiteOak Capital Banking & Financial Services Fund Direct-Growth?

The expense ratio of WhiteOak Capital Banking & Financial Services Fund Direct-Growth is 1.05% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.

Who is the fund manager of WhiteOak Capital Banking & Financial Services Fund Direct-Growth?

WhiteOak Capital Banking & Financial Services Fund Direct-Growth is managed by Piyush Baranwal, Ashish Agrawal, Ramesh Mantri, Trupti Agrawal, Dheeresh Pathak. You can check the full list of fund managers in the "Fund Manager" section above.

What is the benchmark of WhiteOak Capital Banking & Financial Services Fund Direct-Growth?

The benchmark of WhiteOak Capital Banking & Financial Services Fund Direct-Growth is NIFTY Financial Services Total Return Index. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.

When was WhiteOak Capital Banking & Financial Services Fund Direct-Growth launched?

WhiteOak Capital Banking & Financial Services Fund Direct-Growth was launched on 7 Feb 2024. The fund has been in existence for 2 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.

What is the minimum investment in WhiteOak Capital Banking & Financial Services Fund Direct-Growth?

The minimum investment in WhiteOak Capital Banking & Financial Services Fund Direct-Growth is ₹500 for a lump sum and ₹100 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.

What is the exit load on WhiteOak Capital Banking & Financial Services Fund Direct-Growth?

The exit load on WhiteOak Capital Banking & Financial Services Fund Direct-Growth is shown in the Scheme Overview section above. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.

What category does WhiteOak Capital Banking & Financial Services Fund Direct-Growth belong to?

WhiteOak Capital Banking & Financial Services Fund Direct-Growth belongs to the Equity: Sectoral-Banking & Financial Services category. You can view other funds in this category.

Loading…