Top performing value funds
Overall, the value theme was really not working well for decades. This made people switch to a growth strategy. However, the current market situation has opened an opportunity to invest and grow your wealth with value investing. Even if we look at Nifty 500 Value 50 Index, it was moving southwards since January 2018.
As we can see, it started falling since January 2018 and made a six-year low in March 2020 and then retreated. If we take a look at the global financial crisis situation, from the lows of 940, it went all the way up to 3,864 in just a matter of two years, generating a whopping 311 per cent returns on an absolute basis. Even in the current situations, value investing would indeed benefit and might provide good returns in the years to come. Hence, here, we have curated a list of hand-picked value funds that are worth considering.
|
Funds
|
Returns Statistics (in per cent)
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
ICICI Pru Value Discovery Fund
|
7.71
|
3.17
|
4.23
|
11.83
|
|
UTI Value Opp Fund
|
6.46
|
4.63
|
4.57
|
9.24
|
|
Nippon India Value Fund
|
2.37
|
2.89
|
4.19
|
8.56
|
|
L&T India Value Fund
|
2.03
|
0.06
|
5.33
|
11.79
|
|
Tata Equity P/E Fund
|
2.50
|
1.73
|
7.47
|
10.90
|
|
Funds
|
Risk Statistics
|
|
Alpha
|
Sharpe
|
Sortino
|
Beta
|
Standard Deviation
|
|
ICICI Pru Value Discovery Fund
|
3.70
|
0.32
|
0.47
|
0.73
|
25.42
|
|
UTI Value Opp Fund
|
2.60
|
0.28
|
0.38
|
0.86
|
28.54
|
|
Nippon India Value Fund
|
-1.46
|
0.13
|
0.19
|
0.87
|
28.79
|
|
L&T India Value Fund
|
-1.69
|
0.13
|
0.18
|
0.90
|
29.81
|
|
Tata Equity P/E Fund
|
-1.36
|
0.14
|
0.20
|
0.88
|
29.00
|
In order to get better results, value investing requires a lot of patience. Hence, it is prudent to invest in these funds with an investment horizon of not less than seven years. Hence, it would be better not to allocate these funds to any of your financial goals. However, if you wish to allocate, then allocate it to the goals that are seven years or above from now.