COMPARE
JM Mid Cap Fund (Direct) - Growth vs WhiteOak Capital Mid Cap Fund Direct Plan Growth
JM Mid Cap Fund (Direct) and WhiteOak Capital Mid Cap Fund are both in the Mid Cap Fund category, from JM Financial Asset Management Limited and WhiteOak Capital Asset Management Limited respectively. WhiteOak Capital Mid Cap Fund has posted a higher 3-year rolling CAGR. WhiteOak Capital Mid Cap Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
WhiteOak Capital Mid Cap Fund has the lower direct-plan expense ratio, by 0.02 percentage points.
| JM Mid Cap Fund (Direct) - Growth | WhiteOak Capital Mid Cap Fund Direct Plan Growth | |
|---|---|---|
| Category | Mid Cap Fund | Mid Cap Fund |
| AMC | JM Financial Asset Management Limited | WhiteOak Capital Asset Management Limited |
| Benchmark | Nifty Midcap 150 TRI | BSE 150 MidCap Index TRI |
| NAV | ₹20.8708 (2026-10-28) | ₹21.997 (2026-10-28) |
| AUM | ₹1,240.614 Cr | ₹7,613.91 Cr |
| Expense Ratio (Direct) | 0.97% | 0.95% |
| Inception | 2022-10-31 | 2022-08-16 |
Returns
WhiteOak Capital Mid Cap Fund leads on 3-year rolling CAGR (26.7% vs JM Mid Cap Fund (Direct)'s 24.4%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
JM Mid Cap Fund (Direct) has been the more volatile of the two by standard deviation.
| JM Mid Cap Fund (Direct) - Growth | WhiteOak Capital Mid Cap Fund Direct Plan Growth | |
|---|---|---|
| 3Y Sharpe Ratio | 0.39 | 0.68 |
| 3Y Alpha | 2.9745% | 5.9358% |
| 3Y Std Deviation | 17.9633% | 15.9177% |
| 3Y Calmar Ratio | 0.62 | 0.92 |
Portfolio Analytics
JM Mid Cap Fund (Direct) carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| JM Mid Cap Fund (Direct) - Growth | WhiteOak Capital Mid Cap Fund Direct Plan Growth | |
|---|---|---|
| P/E Ratio | 36.2319 | 31.0558 |
| P/B Ratio | - | - |
| Dividend Yield | 0.591% | 0.7178% |
| Active Share | 65.28% | 61.36% |
| Portfolio Turnover | 78% | 240% |
| YTM | - | 5.2995% |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
WhiteOak Capital Mid Cap Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, JM Mid Cap Fund (Direct) or WhiteOak Capital Mid Cap Fund?
WhiteOak Capital Mid Cap Fund's 3-year rolling CAGR of 26.7% is higher than JM Mid Cap Fund (Direct)'s 24.4%. WhiteOak Capital Mid Cap Fund sits in the 100th percentile of its category on this metric, versus the 83rd percentile for JM Mid Cap Fund (Direct) - 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, JM Mid Cap Fund (Direct) or WhiteOak Capital Mid Cap Fund?
WhiteOak Capital Mid Cap Fund's direct-plan expense ratio is 0.02 percentage points lower than JM Mid Cap Fund (Direct)'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, JM Mid Cap Fund (Direct) or WhiteOak Capital Mid Cap Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), JM Mid Cap Fund (Direct) has been more volatile than WhiteOak Capital Mid Cap 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 JM Mid Cap Fund (Direct) vs 0.68 for WhiteOak Capital Mid Cap 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, JM Mid Cap Fund (Direct) or WhiteOak Capital Mid Cap Fund?
WhiteOak Capital Mid Cap Fund has ₹7,614 Cr in assets under management, versus ₹1,241 Cr for JM Mid Cap Fund (Direct). 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 fund has a longer track record, JM Mid Cap Fund (Direct) or WhiteOak Capital Mid Cap Fund?
WhiteOak Capital Mid Cap Fund launched on 2022-08-16, making it older than JM Mid Cap Fund (Direct) (launched 2022-10-31). 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.