Nippon India Value Fund
Nippon India Mutual Fund · Value · Regular plan, growth option
NAV (₹), 1 Oct 2026
209.5536
1-day change
-1.00%
1Y return
-6.7%
3Y CAGR
11.2%
5Y CAGR
11.4%
Max drawdown, 5Y
−18.9%
NAV history month-end NAV, ₹ · 3 Apr 2006 to 1 Oct 2026
Returns vs Value median (24 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -6.4% | -5.6% |
| 3 months | -6.6% | -4.7% |
| 6 months | 2.3% | 4.2% |
| Year to date | -9.6% | -6.8% |
| 1 year | -6.7% | -2.9% |
| 3 years (CAGR) | 11.2% | 10.0% |
| 5 years (CAGR) | 11.4% | 10.9% |
| 7 years (CAGR) | 16.6% | 15.8% |
| 10 years (CAGR) | 13.8% | 12.5% |
| Since first NAV (CAGR) | 14.9% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 12.1% | 11.2% |
| 3Y rolling median | 17.7% | 17.4% |
| 3Y rolling worst | -7.1% | -7.1% |
| 3Y periods positive | 95% | 98% |
| 3Y periods ahead of benchmark | 100% | 93% |
| 5Y rolling median | 14.9% | 14.3% |
| 5Y rolling worst | -1.4% | -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.) | 16.4% | 15.4% |
| Sharpe ratio | 0.31 | 0.29 |
| Sortino ratio | 0.48 | 0.43 |
| Beta | 1.03 | 0.96 |
| Alpha (ann.) | 1.6% | 1.1% |
| Upside capture | 107.66 | 100.02 |
| Downside capture | 100.16 | 95.75 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −64.0% | −40.3% |
| Maximum drawdown, last 10Y | −39.5% | −41.9% |
| Maximum drawdown, last 5Y | −18.9% | −18.7% |
| Current drawdown | −12.2% | −10.6% |
| Recovery time of worst fall | 522 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.00% a year and the Direct plan's 1.28%, a gap of 0.72%; over the last 3 years the Direct plan returned 0.80 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 ₹16,19,089.
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 1.99% to 2.00% (AMFI TER disclosure)
- 23 Sep 2026: TER reduced from 2.00% to 1.99% (AMFI TER disclosure)
- 22 Sep 2026: TER increased from 1.99% to 2.00% (AMFI TER disclosure)
- 21 Sep 2026: TER reduced from 2.00% to 1.99% (AMFI TER disclosure)
- 11 Sep 2026: TER increased from 1.99% to 2.00% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Dhrumil Shah | 1 Jan 2023 | |
| Meenakshi Dawar | 1 May 2018 |
Objective: The primary investment objective of this scheme is to seek capital appreciation and/or to generate consistent returns by actively investing in equity/ equity related securities predominantly into value stocks. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Equity and Equity related securities 80%-100%, Equity & Equity Related instruments, money market instruments, other liquid instruments@, Gold ETF and Silver ETF 0%-20% and Units issued by REITs and InvITs – 0-10% @Other Liquid instruments include cash, bank deposits with SCBs, government securities, Treasury Bills, Repo on Government securities, and any other instruments specified by SEBI from time to time. The scheme may invest in units of Overnight funds, Liquid funds and Money Market Mutual Funds. ^ subject to the limits prescribed under the SEBI (Mutual Funds) Regulations, 2026 and circulars/guidelines issued thereunder.
Benchmark (tier 1): Tier 1 Benchmark: Nifty 500 TRI
Exit load: 10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load, Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, thereafter.
Minimum application: ₹500
Allotment date: 8 Jun 2005
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 | 2.00% | 2.30% |
| AUM, whole scheme (₹ crore) | 8,479 | 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) | -5.2% | -2.0% TRI |
| Return, 3 years (AMFI) | 11.6% | 9.5% TRI |
| Return, 5 years (AMFI) | 11.6% | 9.0% TRI |
| Month-ends above category median (3Y CAGR) | 78% | 43% median |
| Month-ends in category top quartile (3Y) | 54% | 22% median |
| 7Y rolling CAGR, median (monthly windows) | 14.5% | 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 | -9.6% | -7.8% | −1.8% |
| 2025 | 4.2% | 7.7% | −3.5% |
| 2024 | 22.3% | 15.6% | +6.7% |
| 2023 | 42.4% | 26.5% | +15.8% |
| 2022 | 4.8% | 3.8% | +1.0% |
| 2021 | 39.4% | 30.6% | +8.8% |
| 2020 | 16.3% | 17.2% | −0.9% |
| 2019 | 5.7% | n/a | – |
| 2018 | -8.4% | n/a | – |
| 2017 | 45.7% | 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 | ₹1,11,963 | -12.2% |
| 3 years | ₹3,60,000 | ₹3,60,111 | 0.0% |
| 5 years | ₹6,00,000 | ₹7,60,771 | 9.4% |
| 10 years | ₹12,00,000 | ₹25,18,844 | 14.2% |
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
Category: Value
Plan / option: Regular · Growth
AMFI scheme code: 103085
ISIN: INF204K01GB3
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 |
|---|---|---|---|
| Bandhan Business Cycle Fund | Sectoral/Thematic | 0.98 | n/a |
| Kotak Contra Fund | Contra | 0.98 | 12.1% |
| HDFC Large & Mid Cap Fund | Large & Mid Cap | 0.98 | 10.4% |
| Bandhan Large & Mid Cap Fund | Large & Mid Cap | 0.98 | 15.0% |
| Franklin India Flexi Cap Fund | Flexi Cap | 0.98 | 8.5% |
| HDFC Value Fund | Value | 0.98 | 13.8% |
Questions about Nippon India Value Fund
- What is the latest NAV of Nippon India Value Fund?
- The NAV of the Regular plan (growth option) was ₹209.5536 on 1 Oct 2026, as published by AMFI.
- Which category is Nippon India 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 Nippon India Value Fund delivered?
- Over one year the NAV changed by -6.7%. The 3-year CAGR is 11.2% (category median 10.0%) and the 5-year CAGR is 11.4% (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 17.7%, the lowest was -7.1%, and 95% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 100% of those periods.
- What was the largest fall in Nippon India Value Fund's NAV?
- The largest peak-to-trough fall in its available history was 64.0%; within the last five years it was 18.9% (category median 18.7%).
- How volatile is Nippon India Value Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 16.4%, which is above the Value category median of 15.4%.
- What would a monthly SIP in Nippon India 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 ₹7,60,771 on 1 Oct 2026, an annualised return (XIRR) of 9.4%. 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 Nippon India Value Fund?
- The total expense ratio of the Regular plan is 2.00% 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 Nippon India Value Fund?
- Assets under management of the whole scheme were ₹8,479 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Nippon India 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 Nippon India Value Fund and how has it compared?
- Its official benchmark is the Nifty 500 TRI. Over 3 years AMFI reports a return of 11.6% for this plan against 9.5% for the benchmark total return index; over 5 years 11.6% against 9.0%. Past performance does not indicate future results.
- How often has Nippon India Value Fund beaten its category?
- At 78% 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 54% of them. A typical scheme would show about 50%.
- Who manages Nippon India Value Fund?
- According to its Scheme Summary Document, Nippon India Value Fund is managed by Dhrumil Shah (since 1 Jan 2023), Meenakshi Dawar (since 1 May 2018).
- What is the exit load of Nippon India Value Fund?
- As stated in its scheme documents: 10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load, Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, thereafter. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Nippon India Value Fund?
- The minimum application amount is ₹500. SIP details: SIP - Rs.100/- per month (minimum 60 months) Rs.500/- per month (minimum 12 months) Rs.1000/- per month (minimum 6 months) Rs. 500/- per quarter (minimum 12 quarters) Rs.1500/- per quarter (minimum 4 quarters) Rs. 5000/- per year (minimum 2 years) SWP - 500 STP - Daily Option - Minimum of Rs. 100 Weekly / Fortnight / Monthly option - Minimum of Rs. 500 Quarterly option – Minimum of Rs. 1500.
- 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 -6.0% and the Regular plan's by -6.7%. 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.