LIC MF Unit Linked Insurance Scheme (ULIS) vs WhiteOak Capital ELSS Tax Saver Fund
LIC MF Unit Linked Insurance Scheme (ULIS) and WhiteOak Capital ELSS Tax Saver Fund are both ELSS (Tax Saving) funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs +17.08%, 5-year CAGR — vs —, volatility — vs 15.17%, maximum drawdown — vs −16.36%. Their portfolios overlap by 18.6% (18 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
| LIC MF Unit Linked Insurance Scheme (ULIS) | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| Fund house | LIC Mutual Fund | WhiteOak Capital Mutual Fund |
| Compared as | ELSS (Tax Saving) | ELSS (Tax Saving) |
| NAV | ₹40.8516 | ₹19.5330 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 1 Mar 2013 | 17 Oct 2022 |
| Track record | 13.7 yrs | 4.1 yrs |
| Fund size (AUM) | ₹424 Cr | ₹481 Cr |
| Securities held | 48 | 141 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| LIC MF Unit Linked Insurance Scheme (ULIS) | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| 1 month | — | +4.70% |
| 3 months | — | +0.17% |
| 6 months | — | +6.96% |
| 1 year | — | +4.41% |
| 3 years (CAGR) | — | +17.08% |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | — | +17.78% |
| SIP return (XIRR, 5 years) ⓘ | — | — |
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
| LIC MF Unit Linked Insurance Scheme (ULIS) | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| 2026 (year to date) | — | +4.26% |
| 2025 | — | +4.95% |
| 2024 | — | +30.34% |
| 2023 | — | +34.58% |
Risk
| LIC MF Unit Linked Insurance Scheme (ULIS) | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| Volatility (annualised) ⓘ | — | 15.17% |
| Downside volatility ⓘ | — | 10.08% |
| Sharpe ratio ⓘ | — | 0.70 |
| Sortino ratio ⓘ | — | 1.05 |
| Maximum drawdown ⓘ | — | −16.36% |
| Recovery from that fall | 8 months | 4 months |
| Current fall from peak | — | −0.70% |
| Rolling 1-year return: worst | — | −4.25% |
| Rolling 1-year return: median | — | +14.59% |
| Rolling 1-year return: best | — | +49.78% |
| Share of 1-year periods with a loss | — | 4.25% |
Against each fund's benchmark
| LIC MF Unit Linked Insurance Scheme (ULIS) | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| Beta ⓘ | — | 0.95 |
| Alpha (Jensen's, annualised) ⓘ | — | +4.93% |
| R² ⓘ | — | 92.53 |
| Upside capture | — | 112.58% |
| Downside capture | — | 90.61% |
| Tracking error | — | 4.29% |
| Information ratio | — | 1.23 |
| Treynor ratio | — | 9.48 |
Portfolio
Asset mix
| LIC MF Unit Linked Insurance Scheme (ULIS) | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| Equity | 76.32% | 97.37% |
| Debt | 14.11% | 0.00% |
| Cash & equivalents | 9.61% | 2.63% |
Market-cap split (share of fund assets)
| LIC MF Unit Linked Insurance Scheme (ULIS) | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| Large Cap | 32.97% | 52.32% |
| Mid Cap | 19.55% | 11.67% |
| Small Cap | 19.95% | 30.42% |
| Unclassified | 3.85% | 2.96% |
Concentration
| LIC MF Unit Linked Insurance Scheme (ULIS) | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| Top 10 holdings | 34.76% | 34.01% |
| Effective number of stocks ⓘ | 46.5 | 52.7 |
| Securities held | 48 | 141 |
Portfolio overlap: 18.6%
18 companies are held by both funds; by weight, 18.6% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | LIC MF Unit Linked Insurance Scheme (ULIS) | WhiteOak Capital ELSS Tax Saver |
|---|---|---|
| Bharti Airtel Limited | 3.31% | 3.91% |
| Eternal Limited | 2.56% | 2.82% |
| Titan Company Limited | 3.13% | 1.80% |
| Torrent Pharmaceuticals Limited | 3.62% | 1.78% |
| Bharat Electronics Limited | 1.83% | 1.63% |
| ICICI Bank Limited | 1.25% | 8.15% |
| Navin Fluorine International Limited | 2.62% | 0.86% |
| Ajanta Pharma Limited | 1.92% | 0.68% |
| Solar Industries India Limited | 3.88% | 0.66% |
| City Union Bank Limited | 1.28% | 0.60% |
| Bajaj Finance Limited | 1.36% | 0.56% |
| Cartrade Tech Limited | 1.37% | 0.50% |
| Sona BLW Precision Forgings Limited | 3.91% | 0.49% |
| Infosys Limited | 0.82% | 0.48% |
| National Stock Exchange Of India Ltd | 1.92% | 0.41% |
Top 10 holdings
LIC MF Unit Linked Insurance Scheme (ULIS)
- Divi's Laboratories Limited4.00%
- Bajaj Auto Limited3.97%
- Sona BLW Precision Forgings Limited3.91%
- Solar Industries India Limited3.88%
- Torrent Pharmaceuticals Limited3.62%
- 7.63% State Government Securities 20363.53%
- Bharti Airtel Limited3.31%
- Titan Company Limited3.13%
- FSN E-Commerce Ventures Limited2.79%
- Navin Fluorine International Limited2.62%
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
| LIC MF Unit Linked Insurance Scheme (ULIS) | WhiteOak Capital ELSS Tax Saver | |
|---|---|---|
| Banks | 4.48% | 20.30% |
| Pharmaceuticals & Biotechnology | 11.84% | 6.43% |
| Retailing | 8.76% | 5.48% |
| Finance | 3.16% | 7.64% |
| Auto Components | 6.77% | 2.27% |
| Chemicals & Petrochemicals | 6.50% | 4.51% |
| IT - Software | 2.63% | 5.61% |
| SOVEREIGN | 5.59% | 0.00% |
| Electrical Equipment | 5.36% | 2.62% |
| Consumer Durables | 3.13% | 5.00% |
| Sovereign | 4.66% | 0.00% |
| Food Products | 1.75% | 4.14% |
| Automobiles | 3.97% | 3.90% |
| Telecom - Services | 3.31% | 3.91% |
Questions people ask
What is the difference between LIC MF Unit Linked Insurance Scheme (ULIS) and WhiteOak Capital ELSS Tax Saver returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return — vs +4.41%; 3-year CAGR — vs +17.08%; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do LIC MF Unit Linked Insurance Scheme (ULIS) and WhiteOak Capital ELSS Tax Saver compare on risk?
Volatility (36 monthly returns, annualised) — vs 15.17%; Sharpe ratio — vs 0.70; Sortino ratio — vs 1.05; maximum drawdown — vs −16.36%; beta — vs 0.95.
How much do LIC MF Unit Linked Insurance Scheme (ULIS) and WhiteOak Capital ELSS Tax Saver overlap?
By weight, 18.6% of the two portfolios is invested in the same companies; 18 stocks are held by both, the largest shared positions being Bharti Airtel Limited, Eternal Limited, Titan Company Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of LIC MF Unit Linked Insurance Scheme (ULIS) and WhiteOak Capital ELSS Tax Saver?
LIC MF Unit Linked Insurance Scheme (ULIS): large cap 33.0%, mid cap 19.6%, small cap 20.0%. 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.
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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.