Axis ELSS- Tax Saver Fund vs WhiteOak Capital ELSS Tax Saver Fund
Axis ELSS- Tax Saver Fund and WhiteOak Capital ELSS Tax Saver Fund are both ELSS (Tax Saving) funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +12.35% vs +16.93%, 5-year CAGR +6.23% vs —, volatility 14.91% vs 15.06%, maximum drawdown −33.51% vs −16.36%. Their portfolios overlap by 40.5% (35 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 ELSS- Tax Saver | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| Fund house | Axis Mutual Fund | WhiteOak Capital Mutual Fund |
| Compared as | ELSS (Tax Saving) | ELSS (Tax Saving) |
| NAV | ₹112.7702 | ₹19.3280 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 2 Jan 2013 | 17 Oct 2022 |
| Track record | 13.8 yrs | 4.1 yrs |
| Fund size (AUM) | ₹30,269 Cr | ₹481 Cr |
| Securities held | 71 | 141 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Axis ELSS- Tax Saver | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| 1 month | +5.83% | +3.26% |
| 3 months | −0.37% | −1.16% |
| 6 months | +4.73% | +5.74% |
| 1 year | +1.23% | +2.48% |
| 3 years (CAGR) | +12.35% | +16.93% |
| 5 years (CAGR) | +6.23% | — |
| 7 years (CAGR) | +11.43% | — |
| 10 years (CAGR) | +12.70% | — |
| Since launch (CAGR) | +15.68% | +17.49% |
| SIP return (XIRR, 5 years) ⓘ | +9.32% | — |
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 ELSS- Tax Saver | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| 2026 (year to date) | +2.29% | +3.17% |
| 2025 | +5.15% | +4.95% |
| 2024 | +18.30% | +30.34% |
| 2023 | +22.89% | +34.58% |
| 2022 | −11.23% | — |
| 2021 | +25.60% | — |
Risk
| Axis ELSS- Tax Saver | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| Volatility (annualised) ⓘ | 14.91% | 15.06% |
| Downside volatility ⓘ | 10.62% | 10.08% |
| Sharpe ratio ⓘ | 0.39 | 0.69 |
| Sortino ratio ⓘ | 0.55 | 1.04 |
| Maximum drawdown ⓘ | −33.51% | −16.36% |
| Recovery from that fall | 8 months | 4 months |
| Current fall from peak | −0.80% | −1.74% |
| Rolling 1-year return: worst | −18.31% | −4.25% |
| Rolling 1-year return: median | +14.17% | +14.59% |
| Rolling 1-year return: best | +89.19% | +49.78% |
| Share of 1-year periods with a loss | 18.72% | 4.25% |
Against each fund's benchmark
| Axis ELSS- Tax Saver | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| Beta ⓘ | 0.91 | 0.95 |
| Alpha (Jensen's, annualised) ⓘ | +0.75% | +4.93% |
| R² ⓘ | 90.06 | 92.53 |
| Upside capture | 96.68% | 112.58% |
| Downside capture | 91.85% | 90.61% |
| Tracking error | 4.94% | 4.29% |
| Information ratio | 0.10 | 1.23 |
| Treynor ratio | 4.57 | 9.48 |
Portfolio
Asset mix
| Axis ELSS- Tax Saver | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| Equity | 97.89% | 97.37% |
| Cash & equivalents | 2.11% | 2.63% |
Market-cap split (share of fund assets)
| Axis ELSS- Tax Saver | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| Large Cap | 67.95% | 52.32% |
| Mid Cap | 21.15% | 11.67% |
| Small Cap | 7.40% | 30.42% |
| Unclassified | 1.39% | 2.96% |
Concentration
| Axis ELSS- Tax Saver | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| Top 10 holdings | 37.19% | 34.01% |
| Effective number of stocks ⓘ | 41.6 | 52.7 |
| Securities held | 71 | 141 |
Portfolio overlap: 40.5%
35 companies are held by both funds; by weight, 40.5% of the two portfolios is the same. That is a moderate overlap.
| Held by both | Axis ELSS- Tax Saver | WhiteOak Capital ELSS Tax Saver |
|---|---|---|
| ICICI Bank Limited | 6.89% | 8.15% |
| HDFC Bank Limited | 6.09% | 3.97% |
| Bharti Airtel Limited | 4.45% | 3.91% |
| Eternal Limited | 3.35% | 2.82% |
| Kotak Mahindra Bank Limited | 2.47% | 2.56% |
| Mahindra & Mahindra Limited | 2.42% | 2.41% |
| State Bank of India | 2.32% | 2.47% |
| Titan Company Limited | 1.88% | 1.80% |
| Reliance Industries Limited | 1.74% | 2.33% |
| Axis Bank Limited | 2.73% | 1.35% |
| Navin Fluorine International Limited | 1.13% | 0.86% |
| Solar Industries India Limited | 1.26% | 0.66% |
| Persistent Systems Limited | 0.65% | 1.26% |
| Larsen & Toubro Limited | 2.70% | 0.64% |
| Bajaj Finance Limited | 3.35% | 0.56% |
Top 10 holdings
Axis ELSS- Tax Saver
- ICICI Bank Limited6.89%
- HDFC Bank Limited6.09%
- Bharti Airtel Limited4.45%
- Bajaj Finance Limited3.35%
- Eternal Limited3.35%
- Divi's Laboratories Limited2.74%
- Axis Bank Limited2.73%
- Larsen & Toubro Limited2.70%
- Kotak Mahindra Bank Limited2.47%
- Mahindra & Mahindra Limited2.42%
WhiteOak Capital ELSS Tax Saver
- ICICI Bank Limited8.15%
- HDFC Bank Limited3.97%
- Bharti Airtel Limited3.91%
- Nestle India Limited3.52%
- Eternal Limited2.82%
- Kotak Mahindra Bank Limited2.56%
- State Bank of India2.47%
- Mahindra & Mahindra Limited2.41%
- Reliance Industries Limited2.33%
- Coforge Limited1.87%
Sector exposure
| Axis ELSS- Tax Saver | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| Banks | 22.22% | 20.30% |
| Pharmaceuticals & Biotechnology | 7.72% | 6.43% |
| Finance | 6.30% | 7.64% |
| Automobiles | 5.67% | 3.90% |
| IT - Software | 4.90% | 5.61% |
| Retailing | 5.11% | 5.48% |
| Consumer Durables | 1.88% | 5.00% |
| Chemicals & Petrochemicals | 4.81% | 4.51% |
| Telecom - Services | 4.45% | 3.91% |
| Food Products | 0.00% | 4.14% |
| Electrical Equipment | 4.12% | 2.62% |
| Auto Components | 3.45% | 2.27% |
| Construction | 2.70% | 0.64% |
| Petroleum Products | 1.74% | 2.58% |
Questions people ask
What is the difference between Axis ELSS- Tax Saver and WhiteOak Capital ELSS Tax Saver returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return +1.23% vs +2.48%; 3-year CAGR +12.35% vs +16.93%; 5-year CAGR +6.23% vs —; 10-year CAGR +12.70% vs —. Past returns do not indicate future returns.
How do Axis ELSS- Tax Saver and WhiteOak Capital ELSS Tax Saver compare on risk?
Volatility (36 monthly returns, annualised) 14.91% vs 15.06%; Sharpe ratio 0.39 vs 0.69; Sortino ratio 0.55 vs 1.04; maximum drawdown −33.51% vs −16.36%; beta 0.91 vs 0.95.
How much do Axis ELSS- Tax Saver and WhiteOak Capital ELSS Tax Saver overlap?
By weight, 40.5% of the two portfolios is invested in the same companies; 35 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 ELSS- Tax Saver and WhiteOak Capital ELSS Tax Saver?
Axis ELSS- Tax Saver: large cap 68.0%, mid cap 21.2%, small cap 7.4%. WhiteOak Capital ELSS Tax Saver: large cap 52.3%, mid cap 11.7%, small cap 30.4% (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.
More comparisons
Axis ELSS- Tax Saver vs
- Axis ELSS- Tax Saver vs Canara Robeco ELSS - Tax Saver
- Axis ELSS- Tax Saver vs ICICI Prudential ELSS - Tax Saver
- Axis ELSS- Tax Saver vs LIC MF Unit Linked Insurance Scheme (ULIS)
- Axis ELSS- Tax Saver vs Parag Parikh ELSS Tax Saver
- Axis ELSS- Tax Saver vs SBI Long Term Advantage Fund - Series V
- Axis ELSS- Tax Saver vs SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE SERIES V
WhiteOak Capital ELSS Tax Saver vs
- WhiteOak Capital ELSS Tax Saver vs BANK OF INDIA MID CAP TAX FUND SERIES 1
- WhiteOak Capital ELSS Tax Saver vs Groww ELSS Tax Saver
- WhiteOak Capital ELSS Tax Saver vs JM ELSS - Tax Saver
- WhiteOak Capital ELSS Tax Saver vs NAVI ELSS TAX SAVER NIFTY50 INDEX
- WhiteOak Capital ELSS Tax Saver vs Samco ELSS Tax Saver
- WhiteOak Capital ELSS Tax Saver vs SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES III
All ELSS (Tax Saving) comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
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 5 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.