Value and contra funds: returns ranked
Value and contra funds buy shares priced low against their earnings or assets, or out of favour with the market. 16 funds are ranked here by three-year return, with what a monthly SIP earned and the risk each carried, on net asset values to 11 Nov 2026.
The category at a glance
Average, 1 year
+1.6%
across 16 funds
Average, 3 years
+13.4%
a year, compounded
Average, 5 years
+12.2%
a year, compounded
Highest 3-year return
+22.0%
Edelweiss US Value Equity Offshore Fund
Lowest volatility
11.3%
ICICI Prudential Value Fund (erstwhile Value Discovery Fund)
Every fund in the category
On a phone, swipe the table sideways for every column. Returns for three and five years are yearly, compounded. SIP is the yearly return on a monthly instalment over three years. Volatility is the yearly swing in the fund’s value; deepest fall is its largest drop from a peak.
| # | Fund | 1 year | 3 years | 5 years | SIP, 3 years | Volatility | Deepest fall | Sharpe |
|---|---|---|---|---|---|---|---|---|
| 1 | Edelweiss US Value Equity Offshore FundEdelweiss Mutual Fund | +28.7% | +22.0% | +14.0% | +21.1% | 13.1% | -16.3% | 1.19 |
| 2 | HDFC Value Fund OptionHDFC Mutual Fund | +6.9% | +16.9% | +13.5% | +10.8% | 13.8% | -18.2% | 0.75 |
| 3 | Invesco India Contra FundInvesco Mutual Fund | +2.2% | +15.9% | +12.6% | +7.7% | 15.0% | -18.6% | 0.63 |
| 4 | Kotak Contra FundKotak Mahindra Mutual Fund | +1.1% | +15.3% | +13.7% | +6.5% | 14.6% | -18.9% | 0.60 |
| 5 | Tata Value Fund OptionTata Mutual Fund | +1.8% | +14.1% | +13.3% | +6.5% | 15.6% | -20.9% | 0.49 |
| 6 | ICICI Prudential Value Fund (erstwhile Value Discovery Fund)ICICI Prudential Mutual Fund | -1.9% | +13.5% | +14.0% | +5.6% | 11.3% | -14.0% | 0.62 |
| 7 | Nippon India Value Fund OptionNippon India Mutual Fund | -3.9% | +13.4% | +12.6% | +3.8% | 15.3% | -17.6% | 0.45 |
| 8 | UTI Value FundUTI Mutual Fund | -1.5% | +13.2% | +10.7% | +5.0% | 13.4% | -17.2% | 0.50 |
| 9 | Groww Value FundGroww Mutual Fund | +1.6% | +13.0% | +10.6% | +6.9% | 13.6% | -16.5% | 0.48 |
| 10 | Bandhan Value FundBandhan Mutual Fund | +2.6% | +12.4% | +12.6% | +6.1% | 13.0% | -17.9% | 0.45 |
| 11 | Union Value Fund OptionUnion Mutual Fund | +0.4% | +12.2% | +11.3% | +5.6% | 14.8% | -17.9% | 0.39 |
| 12 | SBI CONTRA FUNDSBI Mutual Fund | -1.2% | +12.0% | +14.2% | +4.3% | 12.6% | -15.8% | 0.44 |
| 13 | Quantum Value Fund OptionQuantum Mutual Fund | -2.3% | +11.7% | +9.9% | +3.5% | 12.4% | -15.9% | 0.42 |
| 14 | JM Value Fund OptionJM Financial Mutual Fund | -1.5% | +11.1% | +12.8% | +2.2% | 17.3% | -26.1% | 0.27 |
| 15 | Templeton India Value FundFranklin Templeton Mutual Fund | -3.1% | +10.3% | +11.9% | +2.4% | 13.1% | -18.0% | 0.29 |
| 16 | Sundaram Value Fund - GROWTHSundaram Mutual Fund | -4.3% | +8.0% | +7.6% | +2.2% | 13.0% | -15.9% | 0.12 |
Direct plans, growth option. Past returns describe what happened; they do not say what a fund will do next.
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