Within the value equity fund category, the fund’s performance was higher than the category average return of 9.35% over the same period.
Among peers, DSP Value Fund delivered 15.66%, LIC MF Value Fund 15.29% and Quant Value Fund 14.53% over one year.
Broader market indices trailed the category performance during the same period. The BSE 500 TRI returned 6.85%, while the Nifty 500 TRI delivered 7.20%.
Performance across time periods
Over shorter durations, the fund reported a 6-month return of 5.25% and a 9-month return of 3.98%, as per the same data set.
Market environment during the period
The one-year period since launch coincided with elevated volatility in global and domestic equity markets. Market conditions were influenced by geopolitical developments in West Asia, including tensions involving the US and Iran, which contributed to fluctuations in crude oil prices, currency movements and broader risk sentiment.
Global financial conditions remained tight for parts of the period, with intermittent risk-off phases affecting equity flows. Indian equity markets also experienced volatility, with broader indices reflecting fluctuations in investor sentiment.
Category performance and market trends
During this period, the value fund category as a whole outperformed broader indices such as the Nifty 500 TRI and BSE 500 TRI. The category average return stood at 9.35% for the one-year period.
Data over the six- and nine-month periods shows negative or muted returns at the category level, reflecting volatility during parts of the year before a recovery phase in later months.
