These value mutual funds delivered the highest returns in 5 years. Should you invest?
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- HSBC Value Fund topped the five-year return ranking at 17.97% annualized, per AMFI data as of 8 July 2026.
- ICICI Prudential Value Fund and JM Value Fund followed at 17.07% and 16.13% annualized over five years, respectively.
- Aditya Birla Sun Life Value Fund and HDFC Value Fund also cleared the 15% annualized five-year return threshold.
- Roughly eight value mutual funds surpassed 15% annualized returns, with most landing in the 15-18% per annum range.
- Chartered accountant Deepak Aggarwal said value stocks tend to outperform growth over long periods, but advised investors to stay invested for the long term.
- Sebi-registered adviser Sridharan Sundaram recommended a multi-cap blended approach, noting growth stocks led from 2020-2022 while value stocks have led since 2022.
Why it matters: With value funds delivering 15-18% over five years, investors get concrete options, but Sundaram's cycle observation — growth led 2020-22, value since 2022 — means buying only the top performer risks mistiming the rotation, so a multi-cap blend captures both styles.
