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64% Value Mutual Funds Beat Benchmarks Under Modi 2.0 – Benchmark Beaters

MONews
MONews
3 Min Read
64% Value Mutual Funds Beat Benchmarks Under Modi 2.0 – Benchmark Beaters

Around 64% value mutual funds outperformed their respective benchmarks in Modi 2.0. In terms of numbers, nine out of 14 plans available in the period outperformed the benchmark, according to data from ACE MF. Here’s the parting.

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Best Small Cap Stocks to Buy Now JM Value Fundfunds

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Best Small Cap Stocks to Buy Now JM Value Fundfunds

The top performers in the category have delivered an absolute return of 203.08% over the past five years that the Modi government has been in power. The scheme manages assets worth Rs 733 crore as of April.

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ICICI Prudential Value Discovery Fund

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ICICI Prudential Value Discovery Fund

This largest value fund by assets under management has recorded an absolute return of 186.40% over the last five years during the tenure of the Modi government. Launched in 2004, the scheme manages assets worth Rs 42,664 crore.

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Japan India Value Fund

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Japan India Value Fund

The fund delivered an absolute return of 182.50% during Mod’s second term as PM. The scheme manages assets worth Rs 7,651 crore as of April 2024.

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HDFC Capital Builders Value Fund

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HDFC Capital Builders Value Fund

The oldest value fund recorded an absolute return of 126.89% during the tenure of the Modi government. The scheme was launched in February 1994 and manages assets worth Rs 6,823 crore.

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What are Value-Based Mutual Funds?

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What are Value-Based Mutual Funds?

The fund invests in stocks that are undervalued or out of favor with the market. Then wait for the market to realize that stock’s full potential. This makes the strategy risky. Sometimes it can take a long time for the market to reward such stocks. They tend to suffer in bull markets when everyone is chasing stocks without caring about valuation.

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2. Invest Who should invest?

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2. Invest Who should invest?

The fund follows value investment principles and is recommended only for mature or developed investors with a long investment horizon. Mutual fund managers require investors to invest only 20% of their total portfolio in value funds.

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