Best Value Mutual Funds
Of all the Mutual Funds available in India, the growth of Value MFs has been the most consistent in the last 5 years. This is because all the best value funds available in India are essentially open-ended equity schemes. A recent SEBI reclassification drive has announced that from now on, such funds will also be known as Contra Funds.
These funds are used primarily to fund those segments of the economy which are not covered by the Large Cap Funds. Small Cap Funds have their own set of limitations too. But Value MFs are different- they create wealth not only for the retail or institutional investors but also provide liquidity to often-overlooked segments.
The best Value Mutual Funds in India are those which provide assured returns at regular intervals to those who pour in their funds in these schemes. Fortunately, the market risks for these investments are lower than many comparable MFs. Besides, an increasing number of these schemes are looking for investment opportunities in under-developed segments which have the scope of fast and speedy growth in short terms.
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Top 10 Value Mutual Funds
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
|---|---|---|---|---|---|---|
| UTI Value Opportunities Fund | Equity | Moderately High | 23.3% | 4star | ₹5,202 | |
| Tata Equity P/E Fund | Equity | Moderately High | 17.6% | 4star | ₹4,620 | |
| L&T India Value Fund | Equity | Moderately High | 18.2% | 4star | ₹6,635 | |
| ICICI Prudential Value Discovery Fund | Equity | Moderately High | 29.3% | 3star | ₹17,443 | |
| JM Value Fund | Equity | Moderately High | 17.3% | 3star | ₹128 | |
| Nippon India Value Fund | Equity | Moderately High | 21.5% | 3star | ₹3,322 | |
| HDFC Capital Builder Value Fund | Equity | Moderately High | 19.8% | 3star | ₹4,323 | |
| Templeton India Value Fund | Equity | Moderately High | 19.9% | 2star | ₹465 | |
| IDFC Sterling Value Fund | Equity | Moderately High | 17.4% | 2star | ₹2,953 | |
| Indiabulls Value Discovery Fund | Equity | Moderately High | 17.4% | 2star | ₹16 | |
| Aditya Birla Sun Life Pure Value Fund | Equity | Moderately High | 18.1% | 1star | ₹4,115 | |
| View All Top 10 Value Mutual Funds |
Features of Value Mutual Fund
The primary function of all MFs in the country is to generate wealth for the investors and add growth to the India story. Like other schemes, the best value funds in India are those which have market confidence.
The primary purposes of these instruments of investment across a wide gamut of industry spectrums are –
- To generate a sustained growth rate in terms of returns. The schemes are also meant to add a fresh boost to the economy which has suffered a slump in demand over the past months.
- The schemes offer high income potential to those who invest in them. This is especially true for the retail investors who require high performance capabilities in their investment instruments.
- Besides, there is another fundamental purpose that the best Value Mutual Funds have which is to pass on investments to those sectors of the economy which have been hitherto overlooked. The SEBI has also encouraged these types of schemes.
- Underperforming stocks also get a fillip via these investments.
Taxability
Note that the entire Mutual Fund segment does not have a single taxation slab. Value funds attract LTCG or Long Term Capital Gains tax on returns of more than Rs. 1 Lakh on non-tax-saving MFs. The LTCG tax exemption threshold is Rs. 1 Lakh only. Anything extra will have to pay a tax at 10%. The tax rate will increase if the schemes expire within 1 year or if the investor decides to pull out before the year ends.
Who Are These Funds Suited For?
The best Value Funds are ideal investment options for the following types of investors:
- Those who have a low risk appetite and are not able to commit a significant sum for a longer term.
- Those who wish to have a steady return without expecting a windfall as these schemes are known to be beneficial in the short term only.
- All those investors who plan to invest in their country’s underdeveloped industry segments via Mutual Funds.
Major Advantages
There are several benefits which have been the hallmark of the best value funds for many years now. The primary ones are the following.
- Assured returns over a period of time.
- The opportunity to invest in the Indian economy via Mutual Funds.
- The chance to avail greater returns than most Mid-Cap MFs.
Let's have a closer look
Now let us jump and check about these top 10 mutual fund schemes.
UTI Value Opportunities Fund Direct Growth
Fund Performance: This fund has given 10.75% annualized returns in the last three years. In the last year, its returns were 23.29%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 23.29% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹5,202Cr |
| 1Y Returns | 23.3% |
Tata Equity PE Fund Direct Growth
Fund Performance: This fund has given 5.73% annualized returns in the last three years. In the last year, its returns were 17.65%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 17.65% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹4,620Cr |
| 1Y Returns | 17.6% |
L&T India Value Fund Direct Growth
Fund Performance: This fund has given 4.2% annualized returns in the last three years. In the last year, its returns were 18.2%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 18.2% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹6,635Cr |
| 1Y Returns | 18.2% |
ICICI Prudential Value Discovery Direct Growth
Fund Performance: This fund has given 8.24% annualized returns in the last three years. In the last year, its returns were 29.26%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 29.26% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹100.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹17,443Cr |
| 1Y Returns | 29.3% |
JM Value Fund Direct Plan Growth
Fund Performance: This fund has given 6.5% annualized returns in the last three years. In the last year, its returns were 17.26%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 17.26% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹128Cr |
| 1Y Returns | 17.3% |
Nippon India Value Fund Direct Growth
Fund Performance: This fund has given 6.15% annualized returns in the last three years. In the last year, its returns were 21.46%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 21.46% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹100.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹3,322Cr |
| 1Y Returns | 21.5% |
HDFC Capital Builder Value Fund Direct Plan Growth
Fund Performance: This fund has given 4.56% annualized returns in the last three years. In the last year, its returns were 19.77%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 19.77% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹4,323Cr |
| 1Y Returns | 19.8% |
Templeton India Value Fund Direct Plan Growth
Fund Performance: This fund has given 2.17% annualized returns in the last three years. In the last year, its returns were 19.93%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 19.93% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹465Cr |
| 1Y Returns | 19.9% |
IDFC Sterling Value Fund Direct Plan Growth
Fund Performance: This fund has given 0.51% annualized returns in the last three years. In the last year, its returns were 17.39%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 17.39% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹2,953Cr |
| 1Y Returns | 17.4% |
Indiabulls Value Fund Direct Growth
Fund Performance: This fund has given -0.56% annualized returns in the last three years. In the last year, its returns were 17.41%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 17.41% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹16Cr |
| 1Y Returns | 17.4% |
Aditya Birla Sun Life Pure Value Direct Fund Growth
Fund Performance: This fund has given -5.23% annualized returns in the last three years. In the last year, its returns were 18.08%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 18.08% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹4,115Cr |
| 1Y Returns | 18.1% |
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