Best Value Mutual Funds
The best value mutual funds in India are those funds whose primary aim is to provide value to the investors. They do so by investing in stocks that are currently undervalued but have the potential to grow in future and provide better returns. The basic premise of these funds is to pick stocks that may be facing short term setbacks but will regain its value in future. All the best value funds available in India are essentially open-ended equity schemes.
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Top 10 Value Mutual Funds
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
|---|---|---|---|---|---|---|
| Kotak Classic Contra | Equity | Very High | 70.9% | 5star | ₹943 | |
| UTI Value Opportunities Fund | Equity | Very High | 67.7% | 4star | ₹5,515 | |
| Invesco India Contra Fund | Equity | Very High | 64.7% | 4star | ₹6,477 | |
| ICICI Prudential Value Discovery Fund | Equity | Very High | 70.2% | 4star | ₹17,799 | |
| Tata Equity P/E Fund | Equity | Very High | 59.0% | 4star | ₹4,550 | |
| Nippon India Value Fund | Equity | Very High | 73.3% | 3star | ₹3,517 | |
| SBI Contra Fund | Equity | Very High | 94.6% | 3star | ₹1,856 | |
| JM Value Fund | Equity | Very High | 67.6% | 3star | ₹137 | |
| Quantum Long Term Equity Value Fund | Equity | Very High | 69.3% | 3star | ₹852 | |
| L&T India Value Fund | Equity | Very High | 78.0% | 3star | ₹6,741 | |
| HDFC Capital Builder Value Fund | Equity | Very High | 69.7% | 3star | ₹4,445 | |
| IDFC Sterling Value Fund | Equity | Very High | 115.3% | 2star | ₹3,208 | |
| Templeton India Value Fund | Equity | Very High | 85.2% | 2star | ₹507 | |
| Indiabulls Value Discovery Fund | Equity | Very High | 59.0% | 2star | ₹14 | |
| Aditya Birla Sun Life Pure Value Fund | Equity | Very High | 77.7% | 1star | ₹4,049 | |
| View All Top 10 Value Mutual Funds |
Features of Value Mutual Fund
- The purpose of value funds is to spot undervalued stocks with high growth potential in the future.
- Besides the best value mutual funds may pass on investments to those sectors of the economy which have been hitherto overlooked.
- Underperforming stocks also get a fillip via these investments.
Taxability
Value funds fall under the equity mutual funds category and attract taxes accordingly.
There is a 10% long term capital gains tax on returns of more than Rs. 1 lakh. Long term gains of less than Rs 1 lakh are not taxable. Short term capital gains are taxed at 15% irrespective of the amount.
For equity funds, short term is any period less than 12 months from the date of purchase and long term is more than 12 months.
Who Are These Funds Suited For?
The following types of investors can invest in the best value funds:
- Those who have a high risk appetite for equity funds.
- Those with a longer investment horizon as it helps mitigate short term volatilities.
- Those who understand and want to engage in value investing.
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.
- Possible diversification across all sectors.
- Future growth possibility if the fund manager is able to identify potential undervalued stocks for the best value funds.
Let's have a closer look
Now let us jump and check about these top 10 mutual fund schemes.
Kotak India EQ Contra Fund Direct Growth
Fund Performance: This fund has given 14.61% annualized returns in the last three years. In the last year, its returns were 70.93%. 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 70.93% 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 ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹943Cr |
| 1Y Returns | 70.9% |
UTI Value Opportunities Fund Direct Growth
Fund Performance: This fund has given 13.32% annualized returns in the last three years. In the last year, its returns were 67.71%. 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 67.71% 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 | ₹5,515Cr |
| 1Y Returns | 67.7% |
Invesco India Contra Fund Direct Growth
Fund Performance: This fund has given 12.5% annualized returns in the last three years. In the last year, its returns were 64.72%. 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 64.72% 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 ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹6,477Cr |
| 1Y Returns | 64.7% |
ICICI Prudential Value Discovery Direct Growth
Fund Performance: This fund has given 12.44% annualized returns in the last three years. In the last year, its returns were 70.15%. 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 70.15% 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 | ₹17,799Cr |
| 1Y Returns | 70.2% |
Tata Equity PE Fund Direct Growth
Fund Performance: This fund has given 7.56% annualized returns in the last three years. In the last year, its returns were 59.05%. 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 59.05% 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 | ₹4,550Cr |
| 1Y Returns | 59.0% |
Nippon India Value Fund Direct Growth
Fund Performance: This fund has given 10.7% annualized returns in the last three years. In the last year, its returns were 73.3%. 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 73.3% 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 | ₹3,517Cr |
| 1Y Returns | 73.3% |
SBI Contra Direct Plan Growth
Fund Performance: This fund has given 10.45% annualized returns in the last three years. In the last year, its returns were 94.59%. 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 94.59% 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 | ₹1,856Cr |
| 1Y Returns | 94.6% |
JM Value Fund Direct Plan Growth
Fund Performance: This fund has given 10.38% annualized returns in the last three years. In the last year, its returns were 67.59%. 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 67.59% 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 | ₹137Cr |
| 1Y Returns | 67.6% |
Quantum Long Term Equity Value Fund Direct Growth
Fund Performance: This fund has given 9.17% annualized returns in the last three years. In the last year, its returns were 69.31%. 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 69.31% 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 | ₹852Cr |
| 1Y Returns | 69.3% |
L&T India Value Fund Direct Growth
Fund Performance: This fund has given 8.9% annualized returns in the last three years. In the last year, its returns were 77.97%. 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 77.97% 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 | ₹6,741Cr |
| 1Y Returns | 78.0% |
HDFC Capital Builder Value Fund Direct Plan Growth
Fund Performance: This fund has given 7.3% annualized returns in the last three years. In the last year, its returns were 69.74%. 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 69.74% 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 | ₹4,445Cr |
| 1Y Returns | 69.7% |
IDFC Sterling Value Fund Direct Plan Growth
Fund Performance: This fund has given 7.21% annualized returns in the last three years. In the last year, its returns were 115.26%. 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 115.26% 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 ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹3,208Cr |
| 1Y Returns | 115.3% |
Templeton India Value Fund Direct Plan Growth
Fund Performance: This fund has given 6.92% annualized returns in the last three years. In the last year, its returns were 85.22%. 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 85.22% 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 | ₹507Cr |
| 1Y Returns | 85.2% |
Indiabulls Value Fund Direct Growth
Fund Performance: This fund has given 3.79% annualized returns in the last three years. In the last year, its returns were 58.95%. 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 58.95% 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 | ₹14Cr |
| 1Y Returns | 59.0% |
Aditya Birla Sun Life Pure Value Direct Fund Growth
Fund Performance: This fund has given -0.05% annualized returns in the last three years. In the last year, its returns were 77.7%. 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 77.7% 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 | ₹4,049Cr |
| 1Y Returns | 77.7% |
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