WhiteOak Capital Multi Asset Allocation Fund Direct Plan Growth

WhiteOak Capital Multi Asset Allocation Fund Direct Plan Growth ranks among the stronger performers in the Multi Asset Allocation category, backed by a 5-star rating. Consistent 3-year performance combined with a strong rating makes this one of the more credible options in its space. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 95/100.

Cost: At 0.65%, the expense ratio is roughly in line with the Multi Asset Allocation category average of 0.65% — cost isn't a standout factor either way for this fund.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a strong Sharpe ratio of 1.15 — the fund has generated solid returns relative to the volatility it exposed investors to. Separately, annualised volatility of 7.02% is on the lower side, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.