Best Value Funds in India
24 value funds in India, of which 16 meet the eligibility criteria, ranked on 5Y return. What compounds over 5–10 years?
Ranked on 5-year annualised return (CAGR), because the question is a 5–10 year one. Funds younger than 5 years are listed after those with a 5-year record. Past performance does not predict future returns.
Value Funds ranked by 5Y return
| # | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | Axis Value Fund - Direct Plan - GrowthPlatinum | +13.98% | -0.79% | +16.51% | +23.03% | 92% | -20.2% | ₹1,836 Cr | 0.87% |
| 2 | ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth | +12.16% | -10.36% | +10.97% | +20.18% | 54% | -36.7% | ₹57,250 Cr | 1.08% |
| 3 | JM Value Fund (Direct) - Growth Option | +12.11% | -9.56% | +9.57% | +19.01% | 51% | -37.9% | ₹780 Cr | 1.58% |
| 4 | Aditya Birla Sun Life Value Fund - Growth - Direct PlanGold | +12.03% | +0.87% | +12.19% | +18.82% | 51% | -57.5% | ₹6,659 Cr | 1.21% |
| 5 | DSP Value Fund - Direct Plan - GrowthPlatinum | +12.01% | +1.09% | +15.80% | +18.55% | 48% | -16.4% | ₹2,225 Cr | 1.53% |
| 6 | HDFC Value Fund - Growth Option - Direct PlanGold | +11.60% | -2.64% | +14.35% | +17.23% | 39% | -43.9% | ₹8,039 Cr | 1.11% |
| 7 | Bandhan Value Fund - Direct Plan - GrowthBronze | +11.47% | -6.57% | +9.93% | +18.69% | 50% | -51.9% | ₹9,507 Cr | 0.95% |
| 8 | Canara Robeco Value Fund - Direct Plan - Growth OptionBronze | +11.23% | -9.52% | +9.32% | +19.06% | 57% | -19.0% | ₹1,213 Cr | 0.86% |
| 9 | Tata Value Fund -Direct Plan Growth OptionSilver | +10.93% | -7.90% | +11.19% | +18.42% | 49% | -37.9% | ₹8,239 Cr | 1.04% |
| 10 | Nippon India Value Fund - Direct Plan Growth Plan | +10.88% | -12.49% | +11.25% | +18.59% | 50% | -38.6% | ₹8,479 Cr | 1.26% |
| 11 | Templeton India Value Fund - Direct - Growth | +10.44% | -11.04% | +8.41% | +16.80% | 43% | -47.8% | ₹1,807 Cr | 1.11% |
| 12 | Union Value Fund - Direct Plan - Growth Option | +10.22% | -7.46% | +10.58% | +19.73% | 64% | -37.7% | ₹378 Cr | 1.51% |
| 13 | ITI Value Fund - Direct Plan - Growth Option | +9.67% | -7.82% | +10.48% | +19.99% | 68% | -22.7% | ₹346 Cr | 1.34% |
| 14 | UTI Value Fund - Direct Plan - Growth Option | +9.24% | -10.28% | +11.04% | +15.02% | 31% | -36.7% | ₹9,025 Cr | 1.35% |
| 15 | Quantum Value Fund - Direct Plan Growth Option | +8.15% | -11.63% | +8.88% | +14.72% | 25% | -54.2% | ₹1,048 Cr | 1.14% |
| 16 | Sundaram Value Fund Direct Plan - Growth | +6.11% | -12.01% | +5.79% | +13.92% | 18% | -41.3% | ₹1,217 Cr | 1.77% |
Badges are our own quality tiers — Platinum (top 10%), Gold (25%), Silver (50%), Bronze (75%) — scored within each sub-category, so they compare a fund with its peers and not with funds of a different type. “3Y typical” is the median annualised return across every 3-year holding period the fund has lived through, not a single 3-year figure; “3Y loss odds” is the share of those periods that ended down. “Beat peers” is the share in which it beat its category's median, and “worst fall” is its deepest peak-to-trough drop. Open a fund for the full distribution. Click any column heading to re-sort — including the fund name, which groups a house’s funds together. Funds with no value for a column sort last. Returns over 1 year are annualised (CAGR). Past performance does not indicate future returns. Eligibility: Direct, Growth only, minimum AUM ₹100 Cr, at least 5 year(s) old. Past performance. Returns for 3y/5y are annualised (CAGR) and are withheld where the NAV series does not support the period.
Value Funds — FAQs
What horizon suits equity funds?
Equity funds are volatile over short periods, so they are generally considered for horizons of five years or more. Over shorter spans the range of outcomes is wide enough that the average return is a poor guide.
What do large, mid and small cap mean?
SEBI defines them by market-capitalisation rank: the top 100 listed companies are large cap, ranks 101–250 are mid cap, and 251 onward are small cap. Categories differ in how much they must hold in each band, which drives most of the difference in volatility.
Should I pick the fund with the highest past return?
Past return alone is a weak signal — it reflects the period measured as much as the fund. Consistency across rolling periods, behaviour in falling markets, cost, and whether the fund still follows the mandate you signed up for all matter. Past performance does not indicate future returns.