Axis Balanced Advantage Fund vs WhiteOak Capital Balanced Advantage Fund
Axis Balanced Advantage Fund and WhiteOak Capital Balanced Advantage Fund are both Balanced Advantage funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +12.93% vs +12.70%, 5-year CAGR +10.10% vs —, volatility 9.04% vs 9.42%, maximum drawdown −17.16% vs −9.58%. Their portfolios overlap by 35.7% (49 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Axis Balanced Advantage | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| Fund house | Axis Mutual Fund | WhiteOak Capital Mutual Fund |
| Compared as | Balanced Advantage | Balanced Advantage |
| NAV | ₹24.9200 | ₹15.9440 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 7 Aug 2017 | 13 Feb 2023 |
| Track record | 9.2 yrs | 3.7 yrs |
| Fund size (AUM) | ₹3,651 Cr | ₹2,256 Cr |
| Securities held | 155 | 140 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Axis Balanced Advantage | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| 1 month | +5.55% | +4.04% |
| 3 months | +1.38% | +0.94% |
| 6 months | +4.44% | +5.64% |
| 1 year | +4.14% | +4.85% |
| 3 years (CAGR) | +12.93% | +12.70% |
| 5 years (CAGR) | +10.10% | — |
| 7 years (CAGR) | +11.39% | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +10.29% | +13.47% |
| SIP return (XIRR, 5 years) ⓘ | +10.95% | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Axis Balanced Advantage | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| 2026 (year to date) | +2.72% | +3.80% |
| 2025 | +8.16% | +8.62% |
| 2024 | +18.99% | +18.70% |
| 2023 | +21.46% | — |
| 2022 | +0.91% | — |
| 2021 | +17.23% | — |
Risk
| Axis Balanced Advantage | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| Volatility (annualised) ⓘ | 9.04% | 9.42% |
| Downside volatility ⓘ | 5.93% | 6.41% |
| Sharpe ratio ⓘ | 0.71 | 0.66 |
| Sortino ratio ⓘ | 1.09 | 0.97 |
| Maximum drawdown ⓘ | −17.16% | −9.58% |
| Recovery from that fall | 7 months | 3 months |
| Current fall from peak | 0.00% | 0.00% |
| Rolling 1-year return: worst | −9.59% | −2.09% |
| Rolling 1-year return: median | +8.37% | +11.31% |
| Rolling 1-year return: best | +34.09% | +29.05% |
| Share of 1-year periods with a loss | 5.94% | 1.63% |
Against each fund's benchmark
| Axis Balanced Advantage | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| Beta ⓘ | 0.59 | 0.61 |
| Alpha (Jensen's, annualised) ⓘ | +3.26% | +3.07% |
| R² ⓘ | 95.42 | 92.83 |
| Upside capture | 76.60% | 77.35% |
| Downside capture | 47.73% | 49.89% |
| Tracking error | 6.41% | 6.36% |
| Information ratio | 0.48 | 0.45 |
| Treynor ratio | 8.59 | 8.01 |
Portfolio
Asset mix
| Axis Balanced Advantage | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| Equity | 73.79% | 66.11% |
| Debt | 22.04% | 17.19% |
| REITs / InvITs | 2.08% | 7.89% |
| Cash & equivalents | 2.04% | 8.81% |
Market-cap split (share of fund assets)
| Axis Balanced Advantage | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| Large Cap | 58.24% | 45.81% |
| Mid Cap | 9.12% | 7.42% |
| Small Cap | 5.29% | 8.90% |
| Unclassified | 1.14% | 3.98% |
Concentration
| Axis Balanced Advantage | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| Top 10 holdings | 32.16% | 30.05% |
| Effective number of stocks ⓘ | 57.1 | 62.6 |
| Securities held | 155 | 140 |
Portfolio overlap: 35.7%
49 companies are held by both funds; by weight, 35.7% of the two portfolios is the same. That is a moderate overlap.
| Held by both | Axis Balanced Advantage | WhiteOak Capital Balanced Advantage |
|---|---|---|
| ICICI Bank Limited | 5.81% | 6.97% |
| HDFC Bank Limited | 5.65% | 3.93% |
| Bharti Airtel Limited | 2.38% | 2.87% |
| Mahindra & Mahindra Limited | 2.01% | 1.93% |
| State Bank of India | 3.26% | 1.90% |
| Kotak Mahindra Bank Limited | 2.39% | 1.88% |
| Reliance Industries Limited | 4.43% | 1.75% |
| Eternal Limited | 1.51% | 1.94% |
| Axis Bank Limited | 1.53% | 0.96% |
| Embassy Office Parks REIT | 0.96% | 2.82% |
| Infosys Limited | 2.20% | 0.71% |
| Larsen & Toubro Limited | 2.20% | 0.71% |
| Titan Company Limited | 0.62% | 1.35% |
| Bajaj Finance Limited | 1.17% | 0.56% |
| 7.88% Muthoot Finance Limited (22/11/2028) | 0.54% | 1.09% |
Top 10 holdings
Axis Balanced Advantage
- ICICI Bank Limited5.81%
- HDFC Bank Limited5.65%
- Reliance Industries Limited4.43%
- State Bank of India3.26%
- Kotak Mahindra Bank Limited2.39%
- Bharti Airtel Limited2.38%
- Infosys Limited2.20%
- Larsen & Toubro Limited2.20%
- Mahindra & Mahindra Limited2.01%
- Apollo Hospitals Enterprise Limited1.83%
WhiteOak Capital Balanced Advantage
- ICICI Bank Limited6.97%
- HDFC Bank Limited3.93%
- Bharti Airtel Limited2.87%
- Embassy Office Parks REIT2.82%
- Nexus Select Trust - REIT2.71%
- Nestle India Limited2.51%
- Coforge Limited2.47%
- Eternal Limited1.94%
- Mahindra & Mahindra Limited1.93%
- State Bank of India1.90%
Sector exposure
| Axis Balanced Advantage | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| Banks | 19.31% | 15.64% |
| CRISIL AAA | 6.44% | 8.87% |
| Realty | 2.25% | 8.18% |
| CRISIL AA+ | 6.17% | 3.27% |
| IT - Software | 3.62% | 5.82% |
| Petroleum Products | 4.79% | 1.75% |
| Finance | 4.29% | 3.59% |
| Pharmaceuticals & Biotechnology | 3.11% | 4.25% |
| Automobiles | 4.19% | 3.16% |
| Sovereign | 4.08% | 2.83% |
| ICRA AA+ | 3.16% | 0.98% |
| Retailing | 2.42% | 3.05% |
| Telecom - Services | 2.79% | 2.87% |
| Food Products | 0.72% | 2.80% |
Questions people ask
What is the difference between Axis Balanced Advantage and WhiteOak Capital Balanced Advantage returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +4.14% vs +4.85%; 3-year CAGR +12.93% vs +12.70%; 5-year CAGR +10.10% vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Axis Balanced Advantage and WhiteOak Capital Balanced Advantage compare on risk?
Volatility (36 monthly returns, annualised) 9.04% vs 9.42%; Sharpe ratio 0.71 vs 0.66; Sortino ratio 1.09 vs 0.97; maximum drawdown −17.16% vs −9.58%; beta 0.59 vs 0.61.
How much do Axis Balanced Advantage and WhiteOak Capital Balanced Advantage overlap?
By weight, 35.7% of the two portfolios is invested in the same companies; 49 stocks are held by both, the largest shared positions being ICICI Bank Limited, HDFC Bank Limited, Bharti Airtel Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Axis Balanced Advantage and WhiteOak Capital Balanced Advantage?
Axis Balanced Advantage: large cap 58.2%, mid cap 9.1%, small cap 5.3%. WhiteOak Capital Balanced Advantage: large cap 45.8%, mid cap 7.4%, small cap 8.9% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.