Business News›Mutual Funds›WhiteOak Capital Mutual Fund › WhiteOak Capital Banking & Financial Services Fund Direct - Growth
WhiteOak Capital Banking & Financial Services Fund...
Unrated
NAV as of Oct 16, 2025
13.180.70%
- Growth - Direct
(Earn upto 1.72% Extra Returns with Direct Plan)
Fund Category:
Equity: Sectoral-Banking
Expense Ratio:
0.65%(0.59% Category
average)Fund Size:
Rs. 483.64 Cr(0.92% of Investment in Category)
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WhiteOak Capital Banking & Financial Services Fund Direc...
Unrated
NAV as of Oct 16, 2025
13.180.70%
Expense Ratio:
0.65%
Fund Size:
Rs. 483.64 Cr
Fund Category:
Equity: Sectoral-Banking
WhiteOak Capital Banking & Financial Services Fund Direct - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the WhiteOak Capital Banking & Financial Services Fund - Direct Plan as of Oct 16, 2025 is Rs 13.18 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 12.83% (1yr) and 16.74% (since launch). Whereas, Category returns for the same time duration are: 10.32% (1yr), 16.84% (3yr) and 21.56% (5yr).
3. Fund Size: The WhiteOak Capital Banking & Financial Services Fund - Direct Plan currently holds Assets under Management worth of Rs 483.64 crore as on Sep 30, 2025.
4. Expense ratio: The expense ratio of the fund is 0.66% for Direct plan as on Oct 10, 2025.
5. Exit Load: WhiteOak Capital Banking & Financial Services Fund - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 1 month."
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the WhiteOak Capital Banking & Financial Services Fund - Direct Plan as of Oct 16, 2025 is Rs 13.18 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 12.83% (1yr) and 16.74% (since launch). Whereas, Category returns for the same time duration are: 10.32% (1yr), 16.84% (3yr) and 21.56% (5yr).
3. Fund Size: The WhiteOak Capital Banking & Financial Services Fund - Direct Plan currently holds Assets under Management worth of Rs 483.64 crore as on Sep 30, 2025.
4. Expense ratio: The expense ratio of the fund is 0.66% for Direct plan as on Oct 10, 2025.
5. Exit Load: WhiteOak Capital Banking & Financial Services Fund - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 1 month."
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 100.
WhiteOak Capital Banking & Financial Services Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 2.01 1.56 10.81 13.25 - - Category Avg 4.18 1.36 10.77 11.31 17.32 22.36 Rank within Category 37 11 13 6 - - No. of funds within Category 66 64 64 58 32 23 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY Financial Services Total Return Index
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WhiteOak Capital Banking & Financial Services Fund Direct - Growth Fund Details
Investment Objective - 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.
| Fund House | WhiteOak Capital Mutual Fund |
| Launch Date | Feb 06, 2024 |
| Benchmark | NIFTY Financial Services Total Return Index |
| Return Since Launch | 17.69% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
WhiteOak Capital Banking & Financial Services Fund Direct - Growth Investment Details
| Minimum Investment (Rs.) | 500.00 |
| Minimum Additional Investment (Rs.) | 500.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | 500.00 |
| Exit Load Exit load of 1%, if redeemed within 1 month. | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| SEP 2025 | AUG 2025 | JUL 2025 | JUN 2025 | MAY 2025 | APR 2025 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 53 | 51 | 52 | 51 | 51 | 51 |
| Top 5 Company Holdings | 54.54% | 51.53% | 53.93% | 50.54% | 51.99% | 52.99% |
| Top 10 Company Holdings | 67.21% | 67.43% | 69.16% | 66.81% | 68.61% | 68.24% |
| Company with Highest Exposure | ICICI Bank (19.2%) | ICICI Bank (20.57%) | ICICI Bank (21.28%) | ICICI Bank (19.56%) | ICICI Bank (20.2%) | ICICI Bank (20.8%) |
| Number of Sectors | 3 | 3 | 3 | 3 | 3 | 3 |
| Top 3 Sector Holdings | 99.25% | 98.48% | 98.25% | 99.38% | 99.22% | 99.32% |
| Top 5 Sector Holdings | 99.25% | 98.48% | 98.25% | 99.38% | 99.22% | 99.32% |
| Sector with Highest Exposure | Financial (85.62%) | Financial (84.36%) | Financial (83.82%) | Financial (85.38%) | Financial (85.99%) | Financial (87.13%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) ICICI Bank Financial 19.2 19.29 74.04 14.99 HDFC Bank Financial 15.42 21.95 45.94 18.83 Kotak Mahindra Bank Financial 7.86 22.90 96.30 18.31 State Bank of India Financial 7.18 10.33 86.06 9.37 Bajaj Finserv Financial 4.88 35.14 59.60 15.11 Aadhar Housing Fin Financial 3.34 23.02 21.91 16.08 Bajaj Finance Financial 2.45 38.26 28.04 54.37 CAMS Services 2.44 40.54 95.17 -21.04 PB Fintech Services 2.43 201.01 8.22 0.35 Max Financial Services Financial 2.01 198.84 7.81 32.21
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y WhiteOak Capital Banking & Financial Services Fund Direct - Growth 13.18 Unrated 483.64 2.01 13.25 - - Nippon India Banking & Financial Services Fund Direct-Growth 705.66 7,185.31 3.37 10.94 20.24 26.88 Sundaram Financial Services Opportunities Fund Direct-Growth 117.54 1,513.67 3.17 6.06 20.88 23.67 Invesco India Financial Services Fund Direct-Growth 169.31 1,422.29 3.62 10.86 24.01 23.70 SBI Banking & Financial Services Fund Direct-Growth 49.28 8,693.07 3.04 15.37 21.62 23.08
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
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Fund Manager
- P.B.Piyush BaranwalSince Jan 202417 schemes
- R.M.Ramesh MantriSince Jan 202415 schemes
- T.A.Trupti AgrawalSince Jan 202410 schemes
- D.P.Dheeresh PathakSince Apr 202411 schemes
- A.A.Ashish AgrawalSince Jan 202518 schemes
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. 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).
Mr. Mantri is an MBA, CFA and CA Prior to joining WhiteOak Capital Mutual Fund, he has worked with WhiteOak Capital Management, Ashoka Capital Advisers, Smith Management, and CRISIL.
Ms. Agrawal has done B.Com and CA. Prior to joining WhiteOak Capital Mutual Fund, she has worked with L&T Infrastructure Finance Co. Ltd. and Ernst & Young.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y WhiteOak Capital Mid Cap Fund Direct - Growth Mid Cap 20.93 3,731.43 5.50 WhiteOak Capital Flexi Cap Fund Direct - Growth Flexi Cap 18.59 6,003.13 3.80 WhiteOak Capital Pharma and Healthcare Fund Direct - Growth Sectoral-Pharma 14.48 Unrated 442.67 7.50 WhiteOak Capital Special Opportunities Fund Direct - Growth Thematic 13.41 Unrated 1,186.55 7.14 WhiteOak Capital Large & Mid Cap Fund Direct - Growth Large & MidCap 13.92 Unrated 1,840.29 5.66 WhiteOak Capital Balanced Hybrid Fund Direct - Growth Balanced Hybrid 13.60 Unrated 225.13 6.23 WhiteOak Capital Multi Cap Fund Direct - Growth Multi Cap 15.96 Unrated 2,405.40 5.52 WhiteOak Capital Balanced Advantage Fund Direct - Growth Dynamic Asset Allocation 15.25 Unrated 1,897.02 7.48 WhiteOak Capital Large Cap Fund Direct - Growth Large Cap 15.99 Unrated 1,046.93 5.26 WhiteOak Capital ELSS Tax Saver Fund Direct - Growth ELSS 18.70 Unrated 414.27 3.42 Mr. Pathak has done B.E in Electronics Engineering and a PGDBM from MDI Gurgaon Prior to joining WhiteOak Capital Mutual Fund, he has worked with Goldman Sachs
PGDBM in Finance from Institute of Management Technology, Ghaziabad and Bachelor of Commerce from University of Lucknow 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
More WhiteOak Capital Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| WhiteOak Capital Flexi Cap Fund Direct - Growth | 5,555.66 | 0.85 | 1.47 | 14.87 | 3.13 | 20.58 | |
| WhiteOak Capital Mid Cap Fund Direct - Growth | 3,500.44 | 1.08 | 2.61 | 18.26 | 4.01 | - | |
| WhiteOak Capital Multi Asset Allocation Fund Direct - Growth | 3,039.83 | 1.38 | 3.24 | 11.50 | 15.91 | - | |
| WhiteOak Capital Multi Cap Fund Direct - Growth | 2,167.07 | 1.03 | 2.63 | 17.51 | 5.61 | - | |
| WhiteOak Capital Large & Mid Cap Fund Direct - Growth | 1,777.21 | 0.54 | 1.55 | 16.11 | 2.75 | - | |
| WhiteOak Capital Balanced Advantage Fund Direct - Growth | 1,737.90 | 0.41 | 1.46 | 10.94 | 6.47 | - | |
| WhiteOak Capital Special Opportunities Fund Direct - Growth | 1,092.96 | 0.36 | 1.73 | 18.67 | 6.87 | - | |
| WhiteOak Capital Large Cap Fund Direct - Growth | 990.54 | 0.86 | 1.52 | 13.85 | 2.49 | - | |
| WhiteOak Capital Liquid Fund Direct - Growth | 583.96 | 0.46 | 1.45 | 3.29 | 6.90 | 6.95 | |
| WhiteOak Capital Arbitrage Fund Direct-Growth | 569.10 | 0.40 | 1.62 | 3.62 | - | - |
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About WhiteOak Capital Banking & Financial Services Fund Direct - Growth
1. WhiteOak Capital Banking & Financial Services Fund - Direct Plan is Open-ended Sectoral-Banking Equity scheme which belongs to WhiteOak Capital Mutual Fund House.
2. The fund was launched on Feb 06, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " 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. "
2. It is benchmarked against NIFTY Financial Services Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.26% in equities, 7.07% in debts and -6.32% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 67.21% of the assets, the top 3 sectors constitute around 99.25% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on WhiteOak Capital Banking & Financial Services Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. WhiteOak Capital Banking & Financial Services Fund - Direct Plan is Open-ended Sectoral-Banking Equity scheme which belongs to WhiteOak Capital Mutual Fund House.
2. The fund was launched on Feb 06, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " 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. "
2. It is benchmarked against NIFTY Financial Services Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.26% in equities, 7.07% in debts and -6.32% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 67.21% of the assets, the top 3 sectors constitute around 99.25% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on WhiteOak Capital Banking & Financial Services Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about WhiteOak Capital Banking & Financial Services Fund Direct - Growth
- Is it safe to invest in WhiteOak Capital Banking & Financial Services Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the WhiteOak Capital Banking & Financial Services Fund - Direct Plan comes under Very High risk category.
- What is the category of WhiteOak Capital Banking & Financial Services Fund - Direct Plan?WhiteOak Capital Banking & Financial Services Fund - Direct Plan belongs to the Equity : Sectoral-Banking category of funds.
- How Long should I Invest in WhiteOak Capital Banking & Financial Services Fund - Direct Plan?The suggested investment horizon of investing into WhiteOak Capital Banking & Financial Services Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the WhiteOak Capital Banking & Financial Services Fund - Direct Plan?The WhiteOak Capital Banking & Financial Services Fund - Direct Plan is managed by Piyush Baranwal (Since Jan 16, 2024) , Ramesh Mantri (Since Jan 16, 2024) , Trupti Agrawal (Since Jan 16, 2024) , Dheeresh Pathak (Since Apr 01, 2024) and Ashish Agrawal (Since Jan 06, 2025).
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