Parag Parikh Dynamic Asset Allocation Fund vs WhiteOak Capital Balanced Advantage Fund
Parag Parikh Dynamic Asset Allocation Fund and WhiteOak Capital Balanced Advantage Fund are both Balanced Advantage funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs +12.48%, 5-year CAGR — vs —, volatility 3.98% vs 9.29%, maximum drawdown −7.67% vs −9.58%. Their portfolios overlap by 14.2% (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
| Parag Parikh Dynamic Asset Allocation | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| Fund house | PPFAS Mutual Fund | WhiteOak Capital Mutual Fund |
| Compared as | Balanced Advantage | Balanced Advantage |
| NAV | ₹10.0135 | ₹15.7820 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 28 Feb 2024 | 13 Feb 2023 |
| Track record | 2.7 yrs | 3.7 yrs |
| Fund size (AUM) | ₹2,533 Cr | ₹2,256 Cr |
| Securities held | 81 | 140 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Parag Parikh Dynamic Asset Allocation | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| 1 month | +0.45% | +2.69% |
| 3 months | −0.57% | −0.31% |
| 6 months | −0.66% | +4.52% |
| 1 year | −3.05% | +3.39% |
| 3 years (CAGR) | — | +12.48% |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +0.13% | +13.17% |
| 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
| Parag Parikh Dynamic Asset Allocation | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| 2026 (year to date) | −3.27% | +2.75% |
| 2025 | +2.57% | +8.62% |
| 2024 | — | +18.70% |
Risk
| Parag Parikh Dynamic Asset Allocation | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| Volatility (annualised) ⓘ | 3.98% | 9.29% |
| Downside volatility ⓘ | 3.92% | 6.41% |
| Sharpe ratio ⓘ | -1.60 | 0.65 |
| Sortino ratio ⓘ | -1.63 | 0.94 |
| Maximum drawdown ⓘ | −7.67% | −9.58% |
| Recovery from that fall | — | 3 months |
| Current fall from peak | −5.75% | −0.57% |
| Rolling 1-year return: worst | −5.07% | −2.09% |
| Rolling 1-year return: median | −0.67% | +11.31% |
| Rolling 1-year return: best | +3.03% | +29.05% |
| Share of 1-year periods with a loss | 58.54% | 1.63% |
Against each fund's benchmark
| Parag Parikh Dynamic Asset Allocation | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| Beta ⓘ | 0.19 | 0.61 |
| Alpha (Jensen's, annualised) ⓘ | −6.36% | +3.07% |
| R² ⓘ | 49.91 | 92.83 |
| Upside capture | 16.45% | 77.35% |
| Downside capture | 22.45% | 49.89% |
| Tracking error | 12.05% | 6.36% |
| Information ratio | -0.27 | 0.45 |
| Treynor ratio | -36.45 | 8.01 |
Portfolio
Asset mix
| Parag Parikh Dynamic Asset Allocation | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| Debt | 57.94% | 17.19% |
| Equity | 22.45% | 66.11% |
| REITs / InvITs | 13.67% | 7.89% |
| Cash & equivalents | 3.17% | 8.81% |
| Mutual Fund Units | 2.77% | 0.00% |
Market-cap split (share of fund assets)
| Parag Parikh Dynamic Asset Allocation | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| Large Cap | 15.96% | 45.81% |
| Mid Cap | 3.71% | 7.42% |
| Small Cap | 2.78% | 8.90% |
| Unclassified | 0.00% | 3.98% |
Concentration
| Parag Parikh Dynamic Asset Allocation | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| Top 10 holdings | 36.19% | 30.05% |
| Effective number of stocks ⓘ | 43.7 | 62.6 |
| Securities held | 81 | 140 |
Portfolio overlap: 14.2%
18 companies are held by both funds; by weight, 14.2% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Parag Parikh Dynamic Asset Allocation | WhiteOak Capital Balanced Advantage |
|---|---|---|
| Embassy Office Parks REIT | 5.57% | 2.82% |
| HDFC Bank Limited | 1.62% | 3.93% |
| Knowledge Realty Trust | 2.50% | 1.55% |
| Bharti Airtel Limited | 1.53% | 2.87% |
| Reliance Industries Limited | 1.52% | 1.75% |
| 7.07% LIC Hsg Fin Tr 455 NCD (MD 29/04/2030) | 0.96% | 0.77% |
| Brookfield India Real Estate Trust | 5.60% | 0.73% |
| Kotak Mahindra Bank Limited | 0.72% | 1.88% |
| Coforge Limited | 0.67% | 2.47% |
| Power Grid Corporation of India Limited | 2.61% | 0.50% |
| 7.40 % National Bank For Agriculture and Rural Development (29/04/2030) | 0.97% | 0.44% |
| Mahindra & Mahindra Limited | 0.32% | 1.93% |
| Power Finance Corporation Limited | 0.96% | 0.31% |
| Tata Steel Ltd. | 0.30% | 0.46% |
| Titan Company Limited | 0.16% | 1.35% |
Top 10 holdings
Parag Parikh Dynamic Asset Allocation
- Brookfield India Real Estate Trust5.60%
- Embassy Office Parks REIT5.57%
- 7.21% Tamilnadu SDL (MD 21/01/2032)3.88%
- 7.12% State Government Securities3.87%
- Coal India Limited3.02%
- 7.72% Maharashtra SDL (MD 01/03/2031)2.99%
- 7.49% Embassy Off Park RE NCD Sr XVII (22/06/2029)2.92%
- Petronet LNG Limited2.81%
- Parag Parikh Liquid Fund- Direct Plan- Growth2.77%
- 7.6% Karnataka SDL (MD 04/01/2033)2.76%
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
| Parag Parikh Dynamic Asset Allocation | WhiteOak Capital Balanced Advantage | |
|---|---|---|
| Sovereign | 30.11% | 2.83% |
| CRISIL AAA | 15.95% | 8.87% |
| Banks | 2.34% | 15.64% |
| Realty | 13.72% | 8.18% |
| SOVEREIGN | 9.92% | 1.24% |
| IT - Software | 0.67% | 5.82% |
| Pharmaceuticals & Biotechnology | 0.00% | 4.25% |
| Finance | 1.17% | 3.59% |
| CRISIL AA+ | 0.00% | 3.27% |
| Automobiles | 0.32% | 3.16% |
| Retailing | 0.00% | 3.05% |
| Consumable Fuels | 3.02% | 0.00% |
| Telecom - Services | 1.58% | 2.87% |
| Gas | 2.81% | 0.00% |
Questions people ask
What is the difference between Parag Parikh Dynamic Asset Allocation and WhiteOak Capital Balanced Advantage returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return −3.05% vs +3.39%; 3-year CAGR — vs +12.48%; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Parag Parikh Dynamic Asset Allocation and WhiteOak Capital Balanced Advantage compare on risk?
Volatility (36 monthly returns, annualised) 3.98% vs 9.29%; Sharpe ratio -1.60 vs 0.65; Sortino ratio -1.63 vs 0.94; maximum drawdown −7.67% vs −9.58%; beta 0.19 vs 0.61.
How much do Parag Parikh Dynamic Asset Allocation and WhiteOak Capital Balanced Advantage overlap?
By weight, 14.2% of the two portfolios is invested in the same companies; 18 stocks are held by both, the largest shared positions being Embassy Office Parks REIT, HDFC Bank Limited, Knowledge Realty Trust. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Parag Parikh Dynamic Asset Allocation and WhiteOak Capital Balanced Advantage?
Parag Parikh Dynamic Asset Allocation: large cap 16.0%, mid cap 3.7%, small cap 2.8%. 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 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.