COMPARE
Axis Balanced Advantage Fund - Direct Plan - Growth vs WhiteOak Capital Balanced Advantage Fund Direct Plan Growth
Axis Balanced Advantage Fund and WhiteOak Capital Balanced Advantage Fund are both in the Dynamic Asset Allocation or Balanced Advantage category, from Axis Asset Management Co. Ltd. and WhiteOak Capital Asset Management Limited respectively. WhiteOak Capital Balanced Advantage Fund has posted a higher 3-year rolling CAGR. WhiteOak Capital Balanced Advantage Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
WhiteOak Capital Balanced Advantage Fund has the lower direct-plan expense ratio, by 0.24 percentage points.
| Axis Balanced Advantage Fund - Direct Plan - Growth | WhiteOak Capital Balanced Advantage Fund Direct Plan Growth | |
|---|---|---|
| Category | Dynamic Asset Allocation or Balanced Advantage | Dynamic Asset Allocation or Balanced Advantage |
| AMC | Axis Asset Management Co. Ltd. | WhiteOak Capital Asset Management Limited |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | CRISIL Hybrid 50+50 - Moderate Index |
| NAV | ₹23.48 (2026-10-28) | ₹15.114 (2026-10-28) |
| AUM | ₹3,619.167 Cr | ₹2,220.91 Cr |
| Expense Ratio (Direct) | 1.07% | 0.83% |
| Inception | 2017-07-11 | 2023-01-20 |
Returns
WhiteOak Capital Balanced Advantage Fund leads on 3-year rolling CAGR (12.8% vs Axis Balanced Advantage Fund's 12.7%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
WhiteOak Capital Balanced Advantage Fund has been the more volatile of the two by standard deviation.
| Axis Balanced Advantage Fund - Direct Plan - Growth | WhiteOak Capital Balanced Advantage Fund Direct Plan Growth | |
|---|---|---|
| 3Y Sharpe Ratio | 0.39 | 0.37 |
| 3Y Alpha | 0.2759% | 0.1327% |
| 3Y Std Deviation | 7.877% | 8.326% |
| 3Y Calmar Ratio | 1.29 | 1.06 |
Portfolio Analytics
Axis Balanced Advantage Fund carries the higher portfolio YTM.
| Axis Balanced Advantage Fund - Direct Plan - Growth | WhiteOak Capital Balanced Advantage Fund Direct Plan Growth | |
|---|---|---|
| P/E Ratio | 24.402 | 25.6336 |
| P/B Ratio | 6.656 | - |
| Dividend Yield | 1.1233% | 0.9763% |
| Active Share | - | - |
| Portfolio Turnover | - | 258% |
| YTM | 7.9765% | 7.9617% |
| Duration (Macaulay) | 2.41 yrs | 2.61 yrs |
Punji Fund Health Score
Axis Balanced Advantage Fund and WhiteOak Capital Balanced Advantage Fund carry the same Punji Quality grade.
Frequently asked questions
Which has a higher 3-year return, Axis Balanced Advantage Fund or WhiteOak Capital Balanced Advantage Fund?
WhiteOak Capital Balanced Advantage Fund's 3-year rolling CAGR of 12.8% is higher than Axis Balanced Advantage Fund's 12.7%. WhiteOak Capital Balanced Advantage Fund sits in the 66th percentile of its category on this metric, versus the 52nd percentile for Axis Balanced Advantage Fund - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Axis Balanced Advantage Fund or WhiteOak Capital Balanced Advantage Fund?
WhiteOak Capital Balanced Advantage Fund's direct-plan expense ratio is 0.24 percentage points lower than Axis Balanced Advantage Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, Axis Balanced Advantage Fund or WhiteOak Capital Balanced Advantage Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), WhiteOak Capital Balanced Advantage Fund has been more volatile than Axis Balanced Advantage Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.39 for Axis Balanced Advantage Fund vs 0.37 for WhiteOak Capital Balanced Advantage Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Axis Balanced Advantage Fund or WhiteOak Capital Balanced Advantage Fund?
Axis Balanced Advantage Fund has ₹3,619 Cr in assets under management, versus ₹2,221 Cr for WhiteOak Capital Balanced Advantage Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), Axis Balanced Advantage Fund or WhiteOak Capital Balanced Advantage Fund?
Axis Balanced Advantage Fund's portfolio YTM (7.9765%) is higher than WhiteOak Capital Balanced Advantage Fund's. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which has longer duration (more interest-rate sensitivity), Axis Balanced Advantage Fund or WhiteOak Capital Balanced Advantage Fund?
WhiteOak Capital Balanced Advantage Fund has the longer Macaulay duration of the two, meaning its NAV is more sensitive to interest-rate changes - a longer-duration debt fund tends to gain more when rates fall and lose more when rates rise, compared to a shorter-duration fund. Duration is expressed in years but isn't literally about how long you hold the fund; it's a measure of price sensitivity to rate moves. If you expect rates to fall, the longer-duration fund benefits more; if you expect rates to rise or want to minimize that swing, the shorter-duration fund is the more conservative pick.
Which fund has a longer track record, Axis Balanced Advantage Fund or WhiteOak Capital Balanced Advantage Fund?
Axis Balanced Advantage Fund launched on 2017-07-11, making it older than WhiteOak Capital Balanced Advantage Fund (launched 2023-01-20). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.