COMPARE
SBI Midcap Fund - Direct Plan - Growth vs WhiteOak Capital Mid Cap Fund Direct Plan Growth
SBI Midcap Fund and WhiteOak Capital Mid Cap Fund are both in the Mid Cap Fund category, from SBI Funds 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 0.07 percentage points.
| SBI Midcap Fund - Direct Plan - Growth | WhiteOak Capital Mid Cap Fund Direct Plan Growth | |
|---|---|---|
| Category | Mid Cap Fund | Mid Cap Fund |
| AMC | SBI Funds Management Limited | WhiteOak Capital Asset Management Limited |
| Benchmark | Nifty Midcap 150 TRI | BSE 150 MidCap Index TRI |
| NAV | ₹249.9711 (2026-10-28) | ₹21.997 (2026-10-28) |
| AUM | ₹22,428.67 Cr | ₹7,613.91 Cr |
| Expense Ratio (Direct) | 1.02% | 0.95% |
| Inception | 2005-02-21 | 2022-08-16 |
Returns
WhiteOak Capital Mid Cap Fund leads on 3-year rolling CAGR (26.7% vs SBI Midcap Fund's 19.6%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
WhiteOak Capital Mid Cap Fund has been the more volatile of the two by standard deviation.
| SBI Midcap Fund - Direct Plan - Growth | WhiteOak Capital Mid Cap Fund Direct Plan Growth | |
|---|---|---|
| 3Y Sharpe Ratio | 0.01 | 0.68 |
| 3Y Alpha | -3.1414% | 5.9358% |
| 3Y Std Deviation | 14.4411% | 15.9177% |
| 3Y Calmar Ratio | 0.40 | 0.92 |
Portfolio Analytics
SBI Midcap Fund carries the higher portfolio YTM.
| SBI Midcap Fund - Direct Plan - Growth | WhiteOak Capital Mid Cap Fund Direct Plan Growth | |
|---|---|---|
| P/E Ratio | 35.1666 | 31.0558 |
| P/B Ratio | 9.9087 | - |
| Dividend Yield | 0.756% | 0.7178% |
| Active Share | 70.39% | 61.36% |
| Portfolio Turnover | 76% | 240% |
| YTM | 5.3457% | 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, SBI Midcap Fund or WhiteOak Capital Mid Cap Fund?
WhiteOak Capital Mid Cap Fund's 3-year rolling CAGR of 26.7% is higher than SBI Midcap Fund's 19.6%. WhiteOak Capital Mid Cap Fund sits in the 100th percentile of its category on this metric, versus the 31st percentile for SBI Midcap 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, SBI Midcap Fund or WhiteOak Capital Mid Cap Fund?
WhiteOak Capital Mid Cap Fund's direct-plan expense ratio is 0.07 percentage points lower than SBI Midcap 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, SBI Midcap Fund or WhiteOak Capital Mid Cap Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), WhiteOak Capital Mid Cap Fund has been more volatile than SBI Midcap 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 (0.01 for SBI Midcap Fund 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, SBI Midcap Fund or WhiteOak Capital Mid Cap Fund?
SBI Midcap Fund has ₹22,429 Cr in assets under management, versus ₹7,614 Cr for WhiteOak Capital Mid Cap 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), SBI Midcap Fund or WhiteOak Capital Mid Cap Fund?
SBI Midcap Fund's portfolio YTM (5.3457%) is higher than WhiteOak Capital Mid Cap 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 fund has a longer track record, SBI Midcap Fund or WhiteOak Capital Mid Cap Fund?
SBI Midcap Fund launched on 2005-02-21, making it older than WhiteOak Capital Mid Cap Fund (launched 2022-08-16). 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.