SEBI sub-category

Value Fund funds

Funds

Direct plans only

Category 1Y avg

+2.81%

Category 5Y CAGR

+14.61%

Direct vs Regular

Direct Regular

5-Year return distribution

How the 21 Value Fund funds spread across return buckets. Taller bars = more funds in that band.

Risk vs Return — Value Fund

Each dot is a fund. Up-and-left = high return for low risk (the sweet spot). Down-and-right = under-performing with high volatility. Colour = 5-year peer quartile.

Q1 (top 25%) Q2 Q3 Q4 (bottom 25%) 14 funds plotted

All Value Fund funds

Sort by: 1Y 3Y 5Y 7Y 10Y

#	Scheme	NAV	1Y	3Y	5Y	7Y	10Y	Peer Q (5Y)	Sharpe	Max DD
1	ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth ICICI Prudential	497.53	-1.48%	+16.31%	+16.82%	+17.96%	+15.48%	Q1	0.83	-14.0%
2	Nippon India Value Fund - Direct Plan Growth Plan Nippon India	240.13	-0.47%	+18.45%	+16.14%	+16.90%	+16.47%	Q1	0.81	-17.6%
3	JM Value Fund (Direct) - Growth Option —	103.12	-5.70%	+16.49%	+15.97%	+16.61%	+16.43%	Q1	0.60	-26.1%
4	Templeton India Value Fund - Direct - Growth —	771.89	-1.16%	+14.04%	+15.69%	+16.24%	+14.96%	Q2	0.59	-18.0%
5	Bandhan Value Fund - Direct Plan - Growth Bandhan	164.04	+0.06%	+13.61%	+15.33%	+16.77%	+16.56%	Q2	0.57	-17.9%
6	Aditya Birla Sun Life Value Fund - Growth - Direct Plan Aditya Birla Sun Life	148.43	+7.18%	+18.85%	+15.33%	+15.10%	+13.75%	Q2	0.76	-22.3%
7	HDFC Value Fund - Growth Option - Direct Plan HDFC	829.77	+2.70%	+17.22%	+15.26%	+14.50%	+14.84%	Q2	0.77	-18.2%
8	Tata Value Fund -Direct Plan Growth Option Tata	382.20	+0.06%	+15.51%	+15.14%	+14.81%	+15.53%	Q3	0.64	-20.9%
9	DSP Value Fund - Direct Plan - Growth DSP	24.16	+11.31%	+19.06%	+14.82%	—	—	Q3	1.06	-13.7%
10	Union Value Fund - Direct Plan - Growth Option Union	29.56	+1.34%	+15.91%	+14.61%	+15.27%	—	Q3	0.68	-17.9%
11	Groww Value Fund (formerly known as Indiabulls Value Fund) - Direct Plan - Growth Option Groww	31.75	+0.72%	+15.83%	+13.23%	+13.84%	+12.36%	Q4	0.65	-16.5%
12	UTI Value Fund - Direct Plan - Growth Option UTI	175.37	-1.97%	+14.97%	+13.08%	+15.07%	+13.90%	Q4	0.65	-17.2%
13	ITI Value Fund - Direct Plan - Growth Option ITI	18.30	+3.82%	+16.83%	+12.86%	—	—	Q4	0.65	-21.4%
14	Sundaram Value Fund Direct Plan - Growth Sundaram	218.92	-4.21%	+9.07%	+10.30%	+10.55%	+11.20%	Q4	0.25	-15.9%
15	Axis Value Fund - Direct Plan - Growth Axis	19.98	+5.16%	+20.07%	—	—	—	—	0.95	-17.1%
16	Baroda BNP Paribas Value Fund - Direct Plan - Growth option Baroda BNP Paribas	14.03	+0.03%	+11.90%	—	—	—	—	0.42	-19.8%
17	Canara Robeco Value Fund - Direct Plan - Growth Option Canara Robeco	18.67	-2.61%	+13.88%	—	—	—	—	0.57	-19.0%
18	HSBC Value Fund - Direct Growth HSBC	124.85	+3.53%	+20.63%	—	—	—	—	0.90	-19.6%
19	LIC MF Value Fund-Direct Plan-Growth LIC	28.47	+12.11%	+14.96%	—	—	—	—	—	—
20	Mahindra Manulife Value Fund - Direct Plan - Growth Mahindra Manulife	12.49	+11.13%	—	—	—	—	—	—	—
21	Quant Value Fund - Growth Option - Direct Plan Quant	23.97	+17.38%	+26.24%	—	—	—	—	0.93	-24.0%

Direct plans typically outperform Regular plans by around 50 basis points per year because they carry no distributor commission. The "Peer Q (5Y)" column shows the fund's quartile within this category over the 5-year window: Q1 = top 25%.

Frequently asked questions

Generated from this category's live aggregates — average returns, fund counts, quartile spreads. Updated daily.

Value Fund is a SEBI-defined mutual-fund category. Each scheme in it must follow the asset-allocation and exposure rules set out in the SEBI October-2017 categorisation circular. Equity bucket for tax purposes.

We currently track 21 active Value Fund schemes (Direct plan, Growth option). The list updates daily after AMFI publishes new NAVs and SEBI re-classifies schemes. 3 of them sit in the top quartile by 5-year CAGR.

Over the last 5 years, the average Value Fund (Direct plan) has returned 14.61% CAGR — that turns ₹1 lakh into roughly ₹197,778. Over the last 12 months the category averaged 2.81%. Top-quartile funds in this category typically beat the average by 3-6 percentage points per year — fund selection within a category matters more than the category choice itself.

Over the trailing 5-year window, the highest-returning Value Fund in our database is **ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth** (ICICI Prudential) with a CAGR of 16.82%. The category average is 14.61%. Past performance is no guarantee of future returns — top-quartile funds in one window often slip in the next.

The best 1-year return in the Value Fund category right now is **Quant Value Fund - Growth Option - Direct Plan** (Quant) at 17.38%. 1-year numbers are noisy and shouldn't be the sole basis for picking — cross-check rolling returns and 5-year CAGR before deciding.

Across all Value Fund schemes with 5 years of history, the 5-year CAGR ranges from 10.30% (worst) to 16.82% (best), with a median of 15.26%. That spread of about 7 percentage points between top and bottom is a useful gauge of how much fund selection matters in this category.

On ProfitGuruOnline you can browse either Value Fund Direct plans (lower expense ratio, no broker commission baked in) or Regular plans (sold through distributors). Use the filter on the category page. Direct typically outperforms Regular by 0.5-1% per year in the same scheme — meaningful over 10+ years.

Value Fund is classified as an Equity scheme. Held for 12 months or more: 12.5% LTCG on gains exceeding ₹1.25 lakh per FY per PAN. Held for under 12 months: 20% STCG. Rates updated by Budget 2024.

Yes. Equity categories like Value Fund are well-suited to SIP because the monthly drip averages out entry timing — you buy more units when NAVs are low. Over 7+ year horizons, SIP XIRRs typically end up within 1-2 pp of lump-sum, but with much less stress.

Match the horizon to the Equity bucket: equity ≥5 years, debt 1-3 years (or per modified duration), hybrid 3-5 years.

Risk profile follows the underlying asset mix — see the AMC's factsheet for current allocation and historical drawdown.

Two or three schemes from different AMCs is usually enough for a single category. Beyond that you'd be re-creating the category average minus your selection cost. Focus on consistency (% of rolling-return windows that ended positive) over chasing top performers — top quartile rarely repeats.

Quarterly is plenty for monitoring NAVs and aggregate gain; annually (or after major regulatory changes like Budget 2024) is the right cadence for re-evaluating against alternatives. Don't churn based on 1-month or even 1-year underperformance — equity funds need 3-5 year horizons to fairly judge.

We rank funds within each category by point-to-point CAGR over the chosen window (1Y, 3Y, 5Y, 7Y, 10Y, since inception), then assign quartile and decile bands so any fund's standing relative to peers is one click away. Numbers are recomputed nightly after AMFI's NAV publish.

Daily NAVs are pulled directly from AMFI's published feed. Category classification uses SEBI's October-2017 mutual-fund categorisation circular. We compute returns, rolling-window stats, SIP backtests, drawdowns and Sharpe ratios in-house — no third-party feeds, no hidden adjustments.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.