Contents
Returns vs category
3 years: 15.63% a year, 6th of 21 value funds
Direct-Growth plan, a year, to 9 November 2026, from AMFI NAVs. Ranks and averages cover the 24 value funds AMFI lists that are old enough for each period.
Year by year
Ahead of the category average in 3 of the last 3 calendar years
- 2023+40.7%avg +35.8%
- 2024+27.1%avg +21.5%
- 2025+8.0%avg +5.8%
- 2026to 9 Nov+0.0%avg +0.8%
Calendar-year returns of the Direct-Growth plan. The average covers today’s value funds that had a full year then.
Worst fall
Worst fall: 19.6% (Sep 2024–Mar 2025), back at its high 4 months later
- High
- 27 Sept 2024
- Low
- 3 Mar 2025
- Back at the high
- 30 Jun 2025
- Now
- 1.9% below the 26 Aug 2026 high
Fall from the highest NAV to the lowest that followed, on daily direct plan NAVs since 28 November 2022.
Cost
The regular plan costs 0.96% a year more: about ₹2.39 lakh on ₹10 lakh over 10 years
₹10 lakh invested once and held 10 years, assuming 12% a year before costs (an assumption, not a forecast). Expense ratios as disclosed on 9 November 2026. Try your own numbers in the fee calculator.
Size and facts
₹15,096 crore of assets: the 2nd largest of 24 value funds
- Average assets, July–September 2026
- ₹15,096 crore
- Fund house
- HSBC Mutual Fund
- Category
- Value
Genvest AI score
Genvest AI score 90 out of 100, ranked 3 of 22
Ranked 3 of 22 value funds
Two of the things the score looks at, against other value funds:
- Holding up in fallsSmaller, shorter falls than most value funds
- How bad the bad days wereMilder bad days, for its gains, than most value funds
The Genvest AI score is Genvest’s proprietary score that ranks mutual funds within their category using quantitative methods. It is not a recommendation to buy, sell or hold any fund.
Scored on data to 6 November 2026, among the 22 value funds Genvest scores. How the score works.
Similar funds
Other value funds of a similar size
- Bandhan Value Fund3 years 12.14% a year · expense ratio 0.94%
- UTI Value Fund3 years 13.15% a year · expense ratio 1.35%
- Nippon India Value Fund3 years 13.14% a year · expense ratio 1.26%
- Tata Value Fund3 years 13.91% a year · expense ratio 1.03%
Questions people ask
₹128.9007 on 9 November 2026, as published by AMFI, up 1.00% from 6 November 2026. Fund houses publish a NAV for every business day. The regular plan and the IDCW options have NAVs of their own; the regular plan’s grows more slowly because its expense ratio is higher.
To 9 November 2026, the direct plan returned 2.36% over 1 year, 15.63% over 3 years, 14.72% over 5 years (a year, annualised beyond one year). These are AMFI NAV returns of the Direct-Growth plan; the regular plan’s are lower by roughly the difference in expense ratios. Past returns do not guarantee future returns.
Over 1 year it ranked 8th of 22, against a category average of 2.64%. Over 3 years it ranked 6th of 21, against a category average of 13.52%. Over 5 years it ranked 2nd of 19, against a category average of 12.15%. Ranks compare the direct plans of the value funds AMFI lists today, by return; they are not ratings.
As disclosed on 9 November 2026, the total expense ratio is 0.88% a year for the direct plan and 1.84% for the regular plan. The 0.96% gap is mostly the distributor’s commission. On ₹10 lakh held for 10 years at an assumed 12% a year before costs, the direct plan would end about ₹2.39 lakh ahead.
Its direct plan NAV fell 19.6% from its high on 27 September 2024 to 3 March 2025, and was back at that high on 30 June 2025. On 9 November 2026 it was 1.9% below its highest NAV, set on 26 August 2026.
Its average assets in July–September 2026 were ₹15,096 crore, across all plans, per AMFI: the 2nd largest of 24 value funds.
90 out of 100 as of 6 November 2026, ranking it 3 of the 22 value funds Genvest scores. The Genvest AI score is Genvest’s proprietary score that ranks mutual funds within their category using quantitative methods. It is not a recommendation to buy, sell or hold any fund.
That depends on your goals, how long you can stay invested and what else you hold, which this page cannot know. What the data shows: its returns against other value funds, how far it has fallen, and what it costs. Its rank changes from year to year, so look at several periods rather than one, and at how a fall like its worst would feel for your money. This is education, not a recommendation to buy, sell or hold.
Related
This page is educational research based on AMFI data and Genvest’s own analysis. It is not a recommendation to invest in any scheme, or personalised investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not guarantee future returns. Registration granted by SEBI, enlistment with IAASB and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.