Scheme

WhiteOak Capital Arbitrage Fund

Holds 149 companies worth ₹1,794 Cr in Sept 2026.

Fund house
WhiteOakThe fund house that runs this scheme.
AUM
₹2,623 CrWhiteOak Capital Arbitrage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 16.4% on Aug 2026, ₹2,255 Cr.
Largest holding
HDFC BankHDFC Bank is 5.2% of this scheme's NAV.
Fund manager
Ashish AgrawalRuns its co-manager part since 9 Sept 2024, as the fund house dates it. With Piyush Baranwal (co-manager), Ramesh Mantri (co-manager), Bhavin Patadia (arbitrage).

Overview^{(5 Oct 2026)}

Fund managers4

Ashish AgrawalCo-manager, equity · Sept 2024 · 18y · PGDM
Piyush BaranwalCo-manager, debt · Sept 2024 · 17y · CFA PGDM B.E.
Ramesh MantriCo-manager, equity · Sept 2024 · 21y · CA CFA MBA
Bhavin PatadiaArbitrage · Nov 2024 · 17y · MBA

Key facts

Benchmark: NIFTY 50 Arbitrage
Risk: Low
Expense: Regular 3.13% · Direct 2.35%
Exit load: Nil
Started: 9 Sept 2024
Minimum: ₹500

Source.Its Scheme Summary Document as of 5 Oct 2026 at AMFI.

What changed^{(18 changes)}

Sept 2026

1 change

Expense ratio
10 SeptRegular 3.34% → 3.17%Direct 2.6% → 2.42%

Jul 2026

1 change

Expense ratio
9 JulRegular 3.85% → 3.34%Direct 3.11% → 2.6%

Jun 2026

1 change

Expense ratio
9 JunRegular 1.22% → 3.85%Direct 0.47% → 3.11%

Source.Its filings at NSE, since Oct 2024.

Fund managers over time^{(Sept 2024 – now)}

MainCoSlice20252026

Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs^{(Oct 2024 – Oct 2026)}

Every change to the expense ratio, newest first.
16 changes	Regular	Direct	Δ pt
10 Sept 2026	3.17%	2.42%	0.18
9 Jul 2026	3.34%	2.60%	0.51
9 Jun 2026	3.85%	3.11%	2.64
11 May 2026	1.22%	0.47%	0.58
12 Apr 2026	1.08%	1.05%	0.67
9 Feb 2026	1.11%	0.38%	0
11 Jan 2026	1.12%	0.38%	0.02
7 Dec 2025	1.11%	0.36%	0.01
10 Nov 2025	1.12%	0.37%	0.01
10 Oct 2025	1.12%	0.36%	0.03
10 Sept 2025	1.10%	0.33%	0.02
9 Aug 2025	1.12%	0.35%	0.03
12 May 2025	1.12%	0.38%	0.02
10 Feb 2025	1.13%	0.40%	0.03
10 Dec 2024	1.14%	0.43%	0.06
10 Oct 2024	1.12%	0.37%	–

Direct plan, 10 Sept 2026

2.42%

Regular plan 3.17% · Exit load nil

Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk^{(5 Oct 2026)}

Objective

The investment objective of the Scheme is to seek to generate returns by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments. There is no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer: Low
At launch: Low
Type: An open ended scheme investing in arbitrage opportunities. No investment in InvITs is permitted
Benchmark: NIFTY 50 Arbitrage

Asset allocation it may hold% of NAV

Under normal circumstances the asset allocation pattern will be:Equity & Equity related Instruments and Equity Derivatives (including REITs)
Allowed65–100%
Debt Securities
Allowed0–35%
*Exposure in debt securities include CDs, government securities with maturities upto 1 year, mutual fund units of liquid, money market or schemes having Macaulay duration less than 1 year for meeting liquidity and margin requirements. Under defensive circumstances, the asset allocation may be as follows:Equity & Equity related Instruments and Equity Derivatives (including REITs)
Allowed0–65%
Debt Securities
Allowed35–100%

Holds in Sept 2026.68.4% equity · 31.6% debt and cash

How to invest^{(5 Oct 2026)}

Buying

To start: ₹500, then re.1
To add: ₹500, then re.1
Systematic: SIP - Daily, Weekly, Fortnightly, Monthly, Quarterly; SWP - Monthly, Quarterly, Half-Yearly, Yearly; STP - Daily, Weekly, Monthly, Quarterly
Dates: SIP - Daily - All business days, Weekly - Any day from Monday to Friday (Monday will be the default day), Fortnightly - 1st and 16th day of each month, as applicable (1st and 16th of the month will be the default dates), Monthly - Any date of every month (between 1st & 28th) (10th will be the default date), Quarterly - Any date of every quarter (between 1st & 28th); SWP - Monthly - Any date of every month (between 1st & 28th), Quarterly- Any date of every Quarter (between 1st & 28th), Half-Yearly- Any date of every half-year (between 1st & 28th), Yearly- Any date of every year (between 1st & 28th); STP - Daily - All business days, Weekly - Any day from Monday to Friday (Monday will be the default day), Monthly - Any date of every month (between 1st & 28th) (10th would be the default date), Quarterly - Any date of every quarter (between 1st & 28th)
Minimum: SIP - Daily/Weekly/Fortnightly/Monthly - Rs.100, Quarterly - Rs. 500; SWP - Rs.500; STP - Daily/Weekly- Rs. 500, Monthly-Rs.1000, Quarterly- Rs.1500, then sIP - Re.1; SWP - Re.1; STP - Re.0.01
Instalments: SIP - Daily/Weekly/Fortnightly/Monthly - 6, Quarterly - 4; SWP - 2; STP - Daily/Weekly- 12 (if the instalment amount is less than Rs.1000/-), 6 (if the instalment amount is more than Rs.1000/-), Monthly - 6, Quarterly - 4

Selling and switching

To redeem: Rs.500 and in multiples of Re. 0.01 or account balance whichever is lower or No minimum redemption criterion for Unit based redemption units
Switch minimum: ₹500
Switch multiples: Re.1

Scheme details^{(5 Oct 2026)}

What it is

Category: Arbitrage Fund
Offer: 28 Aug 2024 to 3 Sept 2024
Started: 9 Sept 2024
Reopened: 10 Sept 2024
Plans: Direct Plan Growth Option · Regular Plan Growth Option
Face value: ₹10
Listed: No

How it is run

Swing pricing: No
Side-pocketing: No
Custodian: Deutsche Bank A.G.
Auditor: M/s. Chokshi & Chokshi LLP
Registrar: Computer Age Management Services Limited
SEBI code: WHIT/O/H/ARB/24/05/0017