Value / Contra Mutual Funds: Returns & NAV Today
NAVs as of · 28 schemes · Source: AMFI
Value / Contra funds lost +1.47% on average on Friday, 23 October 2026 across 57 plans; 0 rose and 57 fell. Over the past week the category is −4.13%. The best performer was ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth (−0.65%).
What are Value / Contra funds?
Value funds buy stocks the manager judges to be priced below their worth; contra funds take positions against prevailing market sentiment. Both keep at least 65% in equity, and a fund house may offer either a value or a contra fund, not both.
- Who they suit
- Patient investors who can tolerate periods when the style is out of favour.
- Risk
- Very high (equity), with style risk.
Best and worst Value / Contra funds today
Top 5 today
- 1 ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth ICICI Prudential · NAV ₹479.9200 -0.65%
- 2 Bandhan Value Fund - Direct Plan - Growth Bandhan · NAV ₹160.4990 -0.82%
- 3 Canara Robeco Value Fund - Direct Plan - Growth Option Canara Robeco · NAV ₹17.8600 -0.89%
- 4 ICICI Prudential Contra Fund - Direct Plan - Growth ICICI Prudential · NAV ₹9.7700 -0.91%
- 5 Templeton India Value Fund - Direct Plan - Growth Franklin Templeton · NAV ₹726.9135 -1.00%
Bottom 5 today
- 1 Quant Value Fund - Direct Plan - Growth Option quant · NAV ₹21.5052 -3.22%
- 2 JM Value Fund - Direct Plan - Growth Option JM Financial · NAV ₹100.0456 -2.26%
- 3 Aditya Birla Sun Life Value Fund Aditya Birla Sun Life · NAV ₹143.0093 -1.95%
- 4 HSBC Value Fund - Direct Plan - Growth HSBC · NAV ₹118.5847 -1.93%
- 5 NJ Value Fund - Direct Plan - Growth Option NJ · NAV ₹8.9700 -1.86%
Value / Contra fund NAV and returns — 23 Oct 2026
One row per scheme (direct plan), sorted by one-day return. A dash means there is not yet a NAV inside that horizon's window — never a zero.
| # | Scheme | NAV (₹) | 1D | 1W |
|---|---|---|---|---|
| 1 | ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth ICICI Prudential | 479.9200 | -0.65% | -2.54% |
| 2 | Bandhan Value Fund - Direct Plan - Growth Bandhan | 160.4990 | -0.82% | -3.32% |
| 3 | Canara Robeco Value Fund - Direct Plan - Growth Option Canara Robeco | 17.8600 | -0.89% | -3.25% |
| 4 | ICICI Prudential Contra Fund - Direct Plan - Growth ICICI Prudential | 9.7700 | -0.91% | -2.40% |
| 5 | Templeton India Value Fund - Direct Plan - Growth Franklin Templeton | 726.9135 | -1.00% | -3.00% |
| 6 | Bandhan Contra Fund - Direct Plan - Growth Bandhan | 9.3370 | -1.11% | -3.48% |
| 7 | HDFC Value Fund - Direct Plan - Growth Option HDFC | 833.3500 | -1.12% | -3.93% |
| 8 | UTI Value Fund - Direct Plan - Growth UTI | 170.4925 | -1.13% | -3.47% |
| 9 | Sundaram Value Fund - Direct Plan - GROWTH Sundaram | 209.5860 | -1.17% | -3.22% |
| 10 | Quantum Value Fund - Direct Plan - Growth Option Quantum | 118.3500 | -1.17% | -3.21% |
| 11 | Axis Value Fund - Direct Plan - Growth Option Axis | 20.1000 | -1.28% | -3.78% |
| 12 | Groww Value Fund - Direct Plan - Growth Groww | 31.0882 | -1.29% | -3.79% |
| 13 | Baroda BNP Paribas Value Fund - Direct Plan - Growth Option Baroda BNP Paribas | 13.2063 | -1.35% | -3.31% |
| 14 | Union Value Fund - Direct Plan - Growth Option Union | 28.5300 | -1.38% | -4.20% |
| 15 | SBI CONTRA FUND - Direct Plan - Growth SBI | 387.1125 | -1.43% | -3.26% |
| 16 | BANK OF INDIA VALUE FUND - Direct Plan - Growth Bank of India | 9.5200 | -1.45% | -3.94% |
| 17 | Nippon India Value Fund - Direct Plan - Growth Option Nippon India | 223.3202 | -1.46% | -4.67% |
| 18 | Invesco India Contra Fund - Direct Plan - Growth Invesco | 148.4500 | -1.53% | -3.79% |
| 19 | LIC MF Value Fund - Direct Plan - Growth LIC | 28.8677 | -1.58% | -5.25% |
| 20 | Tata Value Fund - Direct Plan - Growth Option Tata | 372.0420 | -1.63% | -4.63% |
| 21 | Kotak Contra Fund - Direct Plan - Growth Kotak Mahindra | 167.4350 | -1.70% | -4.30% |
| 22 | ITI Value Fund - Direct Plan - Growth Option ITI | 17.0750 | -1.79% | -5.02% |
| 23 | Mahindra Manulife Value Fund - Direct Plan - Growth Mahindra Manulife | 11.6885 | -1.83% | -5.23% |
| 24 | NJ Value Fund - Direct Plan - Growth Option NJ | 8.9700 | -1.86% | -3.55% |
| 25 | HSBC Value Fund - Direct Plan - Growth HSBC | 118.5847 | -1.93% | -5.15% |
| 26 | Aditya Birla Sun Life Value Fund Aditya Birla Sun Life | 143.0093 | -1.95% | -5.24% |
| 27 | JM Value Fund - Direct Plan - Growth Option JM Financial | 100.0456 | -2.26% | -7.11% |
| 28 | Quant Value Fund - Direct Plan - Growth Option quant | 21.5052 | -3.22% | -7.02% |
Frequently asked questions
What is a Value / Contra fund?
Value funds buy stocks the manager judges to be priced below their worth; contra funds take positions against prevailing market sentiment. Both keep at least 65% in equity, and a fund house may offer either a value or a contra fund, not both.
Who should invest in Value / Contra funds?
Patient investors who can tolerate periods when the style is out of favour.
How risky are Value / Contra funds?
Very high (equity), with style risk.
Which Value / Contra fund performed best on 23 Oct 2026?
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth had the largest one-day gain at −0.65%, against a category average of −1.47%. One day of performance says little about long-term quality.
How many Value / Contra funds are there?
AMFI's NAV file for 23 Oct 2026 lists 28 value / contra funds (counting each scheme once, by its direct plan), and 124 plans across all plan and option variants.
Other equity categories
Category definitions summarise SEBI's mutual fund categorisation rules; check each scheme's documents for its exact mandate. NAVs are AMFI's official figures; returns are computed from NAV history held on this site. Past performance says nothing about future returns. This is education, not investment advice.