Union Equity Savings Fund vs WhiteOak Capital Equity Savings Fund
Union Equity Savings Fund and WhiteOak Capital Equity Savings Fund are both Equity Savings funds. As of 4 Nov 2026 (Direct plan, Growth option): 3-year CAGR +7.03% vs —, 5-year CAGR +5.98% vs —, volatility 4.92% vs 4.22%, maximum drawdown −14.38% vs −3.79%. Their portfolios overlap by 22.5% (32 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
| Union Equity Savings | WhiteOak Capital Equity Savings | |
|---|---|---|
| Fund house | Union Mutual Fund | WhiteOak Capital Mutual Fund |
| Compared as | Equity Savings | Equity Savings |
| NAV | ₹18.2100 | ₹11.8170 |
| NAV date | 4 Nov 2026 | 4 Nov 2026 |
| Launched (first NAV) | 17 Aug 2018 | 13 Mar 2025 |
| Track record | 8.2 yrs | 1.6 yrs |
| Fund size (AUM) | ₹77 Cr | ₹271 Cr |
| Securities held | 81 | 137 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Union Equity Savings | WhiteOak Capital Equity Savings | |
|---|---|---|
| 1 month | +1.11% | +1.03% |
| 3 months | −0.49% | +0.01% |
| 6 months | +2.07% | +3.49% |
| 1 year | +2.42% | +5.26% |
| 3 years (CAGR) | +7.03% | — |
| 5 years (CAGR) | +5.98% | — |
| 7 years (CAGR) | +7.45% | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +7.53% | +10.73% |
| SIP return (XIRR, 5 years) ⓘ | +6.22% | — |
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
| Union Equity Savings | WhiteOak Capital Equity Savings | |
|---|---|---|
| 2026 (year to date) | +1.90% | +3.66% |
| 2025 | +5.49% | — |
| 2024 | +8.94% | — |
| 2023 | +12.03% | — |
| 2022 | +2.36% | — |
| 2021 | +9.35% | — |
Risk
| Union Equity Savings | WhiteOak Capital Equity Savings | |
|---|---|---|
| Volatility (annualised) ⓘ | 4.92% | 4.22% |
| Downside volatility ⓘ | 3.70% | 3.07% |
| Sharpe ratio ⓘ | 0.11 | 1.00 |
| Sortino ratio ⓘ | 0.14 | 1.38 |
| Maximum drawdown ⓘ | −14.38% | −3.79% |
| Recovery from that fall | 4 months | 3 months |
| Current fall from peak | −0.65% | −0.34% |
| Rolling 1-year return: worst | −7.88% | +3.73% |
| Rolling 1-year return: median | +7.38% | +8.82% |
| Rolling 1-year return: best | +31.60% | +12.53% |
| Share of 1-year periods with a loss | 3.09% | 0.00% |
Against each fund's benchmark
| Union Equity Savings | WhiteOak Capital Equity Savings | |
|---|---|---|
| Beta ⓘ | 0.32 | 0.27 |
| Alpha (Jensen's, annualised) ⓘ | −0.80% | +3.99% |
| R² ⓘ | 90.95 | 87.50 |
| Upside capture | 42.52% | 53.70% |
| Downside capture | 24.68% | 4.80% |
| Tracking error | 10.16% | 10.82% |
| Information ratio | -0.18 | 0.87 |
| Treynor ratio | 0.46 | 9.82 |
Portfolio
Asset mix
| Union Equity Savings | WhiteOak Capital Equity Savings | |
|---|---|---|
| Equity | 69.53% | 65.59% |
| Debt | 26.30% | 19.33% |
| Cash & equivalents | -28.35% | 6.32% |
| REITs / InvITs | 0.00% | 8.76% |
Market-cap split (share of fund assets)
| Union Equity Savings | WhiteOak Capital Equity Savings | |
|---|---|---|
| Large Cap | 42.80% | 49.54% |
| Mid Cap | 14.44% | 10.27% |
| Small Cap | 11.51% | 4.94% |
| Unclassified | 0.78% | 0.84% |
Concentration
| Union Equity Savings | WhiteOak Capital Equity Savings | |
|---|---|---|
| Top 10 holdings | 43.59% | 40.79% |
| Effective number of stocks ⓘ | 35.4 | 36.5 |
| Securities held | 81 | 137 |
Portfolio overlap: 22.5%
32 companies are held by both funds; by weight, 22.5% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Union Equity Savings | WhiteOak Capital Equity Savings |
|---|---|---|
| HDFC Bank Limited | 4.85% | 5.84% |
| ICICI Bank Limited | 3.63% | 9.66% |
| Bharti Airtel Limited | 2.65% | 2.68% |
| Axis Bank Limited | 2.18% | 1.80% |
| Kotak Mahindra Bank Limited | 2.37% | 1.68% |
| State Bank of India | 1.18% | 1.50% |
| Reliance Industries Limited | 2.33% | 0.99% |
| Hindalco Industries Limited | 0.87% | 1.92% |
| Mahindra & Mahindra Limited | 1.04% | 0.61% |
| Torrent Pharmaceuticals Limited | 0.58% | 0.47% |
| RBL Bank Limited | 0.51% | 0.47% |
| Eternal Limited | 0.47% | 1.73% |
| Maruti Suzuki India Limited | 0.57% | 0.36% |
| Mphasis Ltd. | 0.44% | 0.28% |
| UltraTech Cement Limited | 0.27% | 0.38% |
Top 10 holdings
Union Equity Savings
- 7.27% National Bank for Agriculture and Rural Development (23/02/2029)8.69%
- HDFC Bank Limited4.85%
- Patanjali Foods Limited4.81%
- 91 DAY T-BILL 12.11.264.37%
- Indian Railway Finance Corporation Ltd.4.26%
- Indus Towers Limited3.69%
- ICICI Bank Limited3.63%
- 6.74% Small Industries Dev Bank of India (10/01/2029)3.44%
- Bajaj Finance Limited3.04%
- 91 Days Treasury Bill 24-Dec-20262.81%
WhiteOak Capital Equity Savings
- ICICI Bank Limited9.66%
- HDFC Bank Limited5.84%
- 6.28% Government of India (14/07/2032)5.15%
- Vodafone Idea Limited4.44%
- 6.36% GOI 16-Feb-20312.90%
- Coforge Limited2.80%
- Nexus Select Trust - REIT2.69%
- Bharti Airtel Limited2.68%
- 6.94% Government of India (11/05/2036)2.54%
- 6.68% Government of India (07/07/2040)2.09%
Sector exposure
| Union Equity Savings | WhiteOak Capital Equity Savings | |
|---|---|---|
| Banks | 16.36% | 25.07% |
| CRISIL AAA | 16.39% | 1.45% |
| Sovereign | 7.10% | 11.38% |
| Telecom - Services | 6.34% | 7.12% |
| SOVEREIGN | 0.00% | 6.50% |
| Realty | 0.33% | 6.43% |
| Agricultural Food & other Products | 5.36% | 0.00% |
| Pharmaceuticals & Biotechnology | 4.41% | 2.08% |
| IT - Software | 1.33% | 4.10% |
| Finance | 3.46% | 3.88% |
| Power | 3.47% | 0.14% |
| Industrial Products | 3.46% | 1.57% |
| Petroleum Products | 3.23% | 0.99% |
| SOV | 2.81% | 0.00% |
Questions people ask
What is the difference between Union Equity Savings and WhiteOak Capital Equity Savings returns?
As of 4 Nov 2026, Direct plan Growth option: 1-year return +2.42% vs +5.26%; 3-year CAGR +7.03% vs —; 5-year CAGR +5.98% vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Union Equity Savings and WhiteOak Capital Equity Savings compare on risk?
Volatility (36 monthly returns, annualised) 4.92% vs 4.22%; Sharpe ratio 0.11 vs 1.00; Sortino ratio 0.14 vs 1.38; maximum drawdown −14.38% vs −3.79%; beta 0.32 vs 0.27.
How much do Union Equity Savings and WhiteOak Capital Equity Savings overlap?
By weight, 22.5% of the two portfolios is invested in the same companies; 32 stocks are held by both, the largest shared positions being HDFC Bank Limited, ICICI 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 Union Equity Savings and WhiteOak Capital Equity Savings?
Union Equity Savings: large cap 42.8%, mid cap 14.4%, small cap 11.5%. WhiteOak Capital Equity Savings: large cap 49.5%, mid cap 10.3%, small cap 4.9% (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 4 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.