Fundalysisby DARKHORSESTOCKS

Scheme

WhiteOak Capital Multi Asset Allocation Fund

Holds 140 companies worth ₹4,405 Cr in Sept 2026.

  • Fund house

    WhiteOakThe fund house that runs this scheme.

  • AUM

    ₹9,111 CrWhiteOak Capital Multi Asset Allocation Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 3.8% on Aug 2026, ₹8,778 Cr.

  • Largest holding

    Nexus Select Mall Management Pvt LtdNexus Select Mall Management Pvt Ltd is 3.6% of this scheme's NAV.

  • Fund manager

    Piyush BaranwalRuns its co-manager part since 19 May 2023, as the fund house dates it. With Ramesh Mantri (co-manager), Dheeresh Pathak (co-manager), Trupti Agrawal (co-manager), Ashish Agrawal (arbitrage).

Overview(5 Oct 2026)

Fund managers5

  1. Piyush BaranwalCo-manager, debt · May 2023 · 17y · CFA PGDM B.E.
  2. Ramesh MantriCo-manager, equity · May 2023 · 21y · CA CFA MBA
  3. Dheeresh PathakCo-manager, equity · Apr 2024 · 17y
  4. Trupti AgrawalCo-manager, equity · May 2025 · 16y · CA B.Com
  5. Ashish AgrawalArbitrage · Jan 2025 · 18y · PGDM
  1. Bhavin PatadiaJan 2025 – Jan 2025

Key facts

Benchmark
BSE 500 TRI (30%) + CRISIL Short Term Bond Index (50%) + Domestic prices of Gold (16%) + Domestic prices of Silver (1%) + iCOMDEX Composite Index (3%)
Risk
High
Expense
Regular 1.67% · Direct 0.65%
Exit load
Nil
Started
19 May 2023
Minimum
₹500

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

What changed(31 changes)

Sept 2026

1 change
  1. Expense ratio
    10 SeptRegular 1.7% → 1.68%Direct 0.66% → 0.65%

Jul 2026

1 change
  1. Expense ratio
    9 JulRegular 1.52% → 1.7%Direct 0.39% → 0.66%

Jun 2026

1 change
  1. Expense ratio
    9 JunRegular 1.53% → 1.52%Direct 0.35% → 0.39%

Source.Its filings at NSE, since Oct 2024.

Fund managers over time(May 2023 – now)

  1. Piyush Baranwal
  2. Ramesh Mantri
  3. Dheeresh Pathak
  4. Trupti Agrawal
  5. Ashish Agrawal
  6. Bhavin Patadia
MainCoSlice202420252026
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.
22 changesRegularDirectΔ pt
10 Sept 20261.68%0.65%0.01
9 Jul 20261.70%0.66%0.27
9 Jun 20261.52%0.39%0.04
11 May 20261.53%0.35%0.04
12 Apr 20261.57%0.39%0.10
9 Mar 20261.51%0.49%0.10
9 Feb 20261.52%0.39%0.02
11 Jan 20261.54%0.37%0.05
7 Dec 20251.55%0.32%0.02
10 Nov 20251.57%0.34%0
10 Oct 20251.59%0.34%0.03
10 Sept 20251.60%0.37%0.03
9 Aug 20251.63%0.40%0.08
10 Jul 20251.68%0.48%0.05
10 Jun 20251.73%0.53%0.03
12 May 20251.76%0.56%0.16
10 Apr 20251.78%0.40%0.21
10 Feb 20251.84%0.61%0.05
10 Jan 20251.88%0.66%0.03
10 Dec 20241.91%0.69%0.06
31 Oct 20241.96%0.75%0.13
10 Oct 20241.82%0.62%–
Direct plan, 10 Sept 2026
0.65%
Regular plan 1.68% · 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

To provide long term capital appreciation and generate income by investing in instruments across multiple asset classes viz. Equity, Debt, Gold/Silver related instruments and Exchange Traded Commodity Derivatives. There is no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer
High
At launch
Very High
Type
An open ended scheme investing in Equity & Equity Related Instruments, Debt & Money Market Securities, Gold / Silver related instruments and Exchange Traded Commodity Derivatives.
Benchmark
BSE 500 TRI (30%) + CRISIL Short Term Bond Index (50%) + Domestic prices of Gold (16%) + Domestic prices of Silver (1%) + iCOMDEX Composite Index (3%)

Asset allocation it may hold% of NAV

  1. Equity and Equity Related Instruments (including REITs)
    Allowed10–80%
  2. Debt Securities and Money Market Instruments
    Allowed10–80%Holds51.6%
  3. Gold/silver related instruments (including ETFs, Sovereign gold deposit schemes) & Exchange Traded Commodity Derivatives (ETCDs) as permitted by SEBI from time to time
    Allowed10–50%
  4. Units issued by InvITs
    Allowed0–10%Holds9.2%

Holds in Sept 2026.39.2% equity · 51.6% debt and cash · 9.2% REITs and InvITs

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
Multi Asset Allocation Fund
Offer
3 May 2023 to 12 May 2023
Started
19 May 2023
Reopened
22 May 2023
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/MAA/23/02/0010