Copyright © 2026 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

@article{191637,
        author = {Dr V AROCKIA JEROLD},
        title = {AN EMPIRICAL ANALYSIS OF VALUE BASED MUTUAL FUNDS IN INDIA},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {8},
        pages = {7440-7445},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=191637},
        abstract = {Value funds are suitable for investors seeking long-term capital appreciation and investment in equity-related instruments targeting a value investment strategy across the market capitalisation spectrum. The fund invests in companies where markets underappreciate their growth runway & also in companies that may experience challenges due to cyclicality. Value funds are suitable for investors looking to build their core equity portfolio for long-term wealth creation. Investment in Value based mutual funds has helped in garnering the surplus funds from investors in a significant way. This study evaluates the performance of value based mutual fund schemes in India, focusing on their NAV returns, AUM and risk-adjusted returns like Sharpe and Sortino ratios. The findings of the study infer that value-based investing not only leads to the accomplishment of financial goals of investors but also provides them superior returns than the traditional route to investing.},
        keywords = {Value funds, NAV returns and Sharpe ratio},
        month = {January},
        }