HDFC Value Fund
HDFC Mutual Fund · Value · Regular plan, growth option
NAV (₹), 1 Oct 2026
759.5490
1-day change
-0.67%
1Y return
3.2%
3Y CAGR
13.8%
5Y CAGR
12.2%
Max drawdown, 5Y
−18.7%
NAV history month-end NAV, ₹ · 3 Apr 2006 to 1 Oct 2026
Returns vs Value median (24 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -4.8% | -5.6% |
| 3 months | -1.4% | -4.7% |
| 6 months | 11.1% | 4.2% |
| Year to date | -1.5% | -6.8% |
| 1 year | 3.2% | -2.9% |
| 3 years (CAGR) | 13.8% | 10.0% |
| 5 years (CAGR) | 12.2% | 10.9% |
| 7 years (CAGR) | 15.8% | 15.8% |
| 10 years (CAGR) | 13.0% | 12.5% |
| Since first NAV (CAGR) | 13.1% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 12.1% | 11.2% |
| 3Y rolling median | 15.2% | 17.4% |
| 3Y rolling worst | -10.9% | -7.1% |
| 3Y periods positive | 96% | 98% |
| 3Y periods ahead of benchmark | 93% | 93% |
| 5Y rolling median | 14.3% | 14.3% |
| 5Y rolling worst | -3.0% | -2.5% |
| 5Y periods ahead of benchmark | 100% | 100% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 15.7% | 15.4% |
| Sharpe ratio | 0.52 | 0.29 |
| Sortino ratio | 0.79 | 0.43 |
| Beta | 0.99 | 0.96 |
| Alpha (ann.) | 4.7% | 1.1% |
| Upside capture | 114.87 | 100.02 |
| Downside capture | 94.14 | 95.75 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −62.8% | −40.3% |
| Maximum drawdown, last 10Y | −45.3% | −41.9% |
| Maximum drawdown, last 5Y | −18.7% | −18.7% |
| Current drawdown | −5.4% | −10.6% |
| Recovery time of worst fall | 528 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
21,857.75 −0.97%
NSE close, 1 Oct 2026
- P/E 21.6: higher than 1% of days since 2023 (median 24.1)
- 1Y −3.9% · 3Y +8.9% p.a. · 5Y +8.6% p.a. (index fund NAV, after costs)
- −9.3% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.88% a year and the Direct plan's 1.11%, a gap of 0.77%; over the last 3 years the Direct plan returned 0.95 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹17,64,331.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 24 Sep 2026: TER increased from 1.87% to 1.88% (AMFI TER disclosure)
- 23 Sep 2026: TER reduced from 1.88% to 1.87% (AMFI TER disclosure)
- 22 Sep 2026: TER increased from 1.87% to 1.88% (AMFI TER disclosure)
- 21 Sep 2026: TER reduced from 1.88% to 1.87% (AMFI TER disclosure)
- 7 Sep 2026: TER increased from 1.87% to 1.88% (AMFI TER disclosure)
- 4 Sep 2026: TER reduced from 1.88% to 1.87% (AMFI TER disclosure)
- 2 Sep 2026: TER increased from 1.87% to 1.88% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Anand Laddha | Fund Manager of the Scheme | 1 Feb 2024 |
| Gopal Agrawal | Fund Manager for Overseas Investments | 1 Sep 2026 |
| Bhagyesh Kagalkar | Fund Manager for investments in Gold/Silver instruments | 26 Aug 2026 |
Objective: To achieve capital appreciation/income in the long term by primarily investing in undervalued stocks. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Equity and Equity Related Instruments: 80% - 100%; Money market instruments, Other liquid instruments and Units of Mutual Fund^^: 0% -20%; Units issued by InvITs: 0% -10%; Gold and Silver instruments: 0% -20%.^^Units of Domestic Mutual Funds shall only include Overnight Funds, Liquid Funds and Money Market Mutual Funds. Further other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by SEBI from time to time. For detailed asset allocation, refer Scheme Information Document (SID) available on the website.
Benchmark (tier 1): NIFTY 500 Index (Total Returns Index)
Exit load: In respect of each purchase / switch-in of units, an Exit Load of 0.25% is payable if Units are redeemed/ switched-out within 1 month from the date of allotment. No Exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment.
Minimum application: Rs.100
Allotment date: 1 Feb 1994
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 1.88% | 2.30% |
| AUM, whole scheme (₹ crore) | 8,039 | 1,217 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 4.7% | -2.0% TRI |
| Return, 3 years (AMFI) | 14.0% | 9.5% TRI |
| Return, 5 years (AMFI) | 12.2% | 9.0% TRI |
| Month-ends above category median (3Y CAGR) | 43% | 43% median |
| Month-ends in category top quartile (3Y) | 8% | 22% median |
| 7Y rolling CAGR, median (monthly windows) | 13.8% | 13.9% median |
Official benchmark: Nifty 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Value Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -1.5% | -7.8% | +6.3% |
| 2025 | 8.6% | 7.7% | +0.9% |
| 2024 | 20.7% | 15.6% | +5.1% |
| 2023 | 29.6% | 26.5% | +3.1% |
| 2022 | 3.6% | 3.8% | −0.2% |
| 2021 | 35.6% | 30.6% | +5.0% |
| 2020 | 12.9% | 17.2% | −4.3% |
| 2019 | 0.0% | n/a | – |
| 2018 | -5.5% | n/a | – |
| 2017 | 42.3% | n/a | – |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,20,618 | 1.0% |
| 3 years | ₹3,60,000 | ₹3,97,150 | 6.5% |
| 5 years | ₹6,00,000 | ₹8,09,706 | 11.9% |
| 10 years | ₹12,00,000 | ₹24,54,733 | 13.7% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: HDFC Mutual Fund
Category: Value
Plan / option: Regular · Growth
AMFI scheme code: 101764
ISIN: INF179K01426
First NAV in MFIC data: 3 Apr 2006
History: 20.5 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Franklin India Flexi Cap Fund | Flexi Cap | 0.98 | 8.5% |
| Franklin India ELSS Tax Saver Fund | ELSS | 0.98 | 8.3% |
| Bajaj Finserv Large & Mid Cap Fund | Large & Mid Cap | 0.98 | n/a |
| Aditya Birla Sun Life Flexi Cap Fund | Flexi Cap | 0.98 | 12.7% |
| Mirae Asset ELSS Tax Saver Fund | ELSS | 0.98 | 9.6% |
| Edelweiss Flexi Cap Fund | Flexi Cap | 0.98 | 11.2% |
Questions about HDFC Value Fund
- What is the latest NAV of HDFC Value Fund?
- The NAV of the Regular plan (growth option) was ₹759.5490 on 1 Oct 2026, as published by AMFI.
- Which category is HDFC Value Fund in?
- It is classified as Value in AMFI's daily NAV file. MFIC compares it with 24 Value schemes (Regular plans).
- What returns has HDFC Value Fund delivered?
- Over one year the NAV changed by 3.2%. The 3-year CAGR is 13.8% (category median 10.0%) and the 5-year CAGR is 12.2% (category median 10.9%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 15.2%, the lowest was -10.9%, and 96% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 93% of those periods.
- What was the largest fall in HDFC Value Fund's NAV?
- The largest peak-to-trough fall in its available history was 62.8%; within the last five years it was 18.7% (category median 18.7%).
- How volatile is HDFC Value Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 15.7%, which is above the Value category median of 15.4%.
- What would a monthly SIP in HDFC Value Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹8,09,706 on 1 Oct 2026, an annualised return (XIRR) of 11.9%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of HDFC Value Fund?
- The total expense ratio of the Regular plan is 1.88% a year, as disclosed to AMFI (median of Value Regular plans: 2.30%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HDFC Value Fund?
- Assets under management of the whole scheme were ₹8,039 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HDFC Value Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HDFC Value Fund and how has it compared?
- Its official benchmark is the Nifty 500 TRI. Over 3 years AMFI reports a return of 14.0% for this plan against 9.5% for the benchmark total return index; over 5 years 12.2% against 9.0%. Past performance does not indicate future results.
- How often has HDFC Value Fund beaten its category?
- At 43% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Value schemes (Regular plans); it was in the top quarter at 8% of them. A typical scheme would show about 50%.
- Who manages HDFC Value Fund?
- According to its Scheme Summary Document, HDFC Value Fund is managed by Anand Laddha (since 1 Feb 2024), Gopal Agrawal (since 1 Sep 2026), Bhagyesh Kagalkar (since 26 Aug 2026).
- What is the exit load of HDFC Value Fund?
- As stated in its scheme documents: In respect of each purchase / switch-in of units, an Exit Load of 0.25% is payable if Units are redeemed/ switched-out within 1 month from the date of allotment. No Exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in HDFC Value Fund?
- The minimum application amount is Rs.100. SIP details: For SIP DSIP, WSIP, MSIP - Rs. 100; QSIP - Rs. 1500; HSIP - Rs. 2500; YSIP - Rs. 5000. For SWAP Fixed SWAP - Rs. 100; Variable SWAP - Rs. 300. For STP Fixed STP (FSTP) Daily FSTP - Rs. 500; Weekly FSTP - Rs. 500; Monthly FSTP - Rs. 1000; Quarterly FSTP -Rs. 3000. Capital Appreciation STP (CASTP) Monthly CASTP - Rs. 300; Quarterly CASTP - Rs 1000..
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 4.0% and the Regular plan's by 3.2%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.