Nippon India Value Fund vs Tata Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Value Fund and Tata Value Fund are both Value and Contra funds. In the 3 years to 30-10-2026, Nippon India Value Fund (Direct) returned 11.7% a year and Tata Value Fund (Direct) returned 11.5% a year. Nippon India Value Fund charges 1.26% a year and Tata Value Fund 1.06% (Direct plans). Their portfolios overlap 20.6%: they hold 11 of the same securities.
Nippon India Value Fund
Value and Contra
- 3 year return
- 11.7%
- Expense ratio
- 1.26%
- NAV
- ₹226.85
Which is better, Nippon India Value or Tata Value? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata Value returned more over 5 years: 11.5% a year against 11.5%.
- Nippon India Value returned more over 3 years: 11.7% a year against 11.5%.
- Tata Value costs less: 1.06% a year against 1.26% (Direct plans).
- Nippon India Value swung less over 3 years: a standard deviation of 15.2% a year against 15.4%.
- Tata Value fell less in its worst fall since 02-01-2013: −37.9% against −38.6%.
- Nippon India Value is the larger fund: ₹8,479 Cr against ₹8,239 Cr.
- Their portfolios overlap 20.6%: 11 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Nippon India Value Fund | Tata Value Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Tata Mutual Fund |
| Category | Value and Contra | Value and Contra |
| AUM | ₹8,479 Cr (30-09-2026) | ₹8,239 Cr (30-09-2026) |
| NAV | ₹226.85 (Direct) | ₹375.88 (Direct) |
| Expense ratio (Direct) | 1.26% | 1.06% |
| Expense ratio (Regular) | 1.99% | 1.99% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| Launch date | 08-06-2005 | 29-06-2004 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Dhrumil Shah FM 1, Meenakshi Dawar FM 2 | Sonam Udasi |
| Exit load | For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months. | Exit load of 0.50%, if redeemed within 30 days. |
Nippon India Value vs Tata Value: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Nippon India Value Fund (Direct) | −2.97% | −8.85% | −7.67% | −11.61% | +11.65% | +11.46% | +14.20% |
| Tata Value Fund (Direct) | −2.72% | −5.29% | −3.70% | −7.07% | +11.48% | +11.54% | +13.19% |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | +12.63% |
Category average: the average of the 30 Value and Contra funds, same plan type.
Nippon India Value vs Tata Value: Year-wise Returns
| Year | Nippon IndiaNippon India Value | TataTata Value | Nifty 500 TRI |
|---|---|---|---|
| 2026to date | −10.89% | −8.69% | −7.51% |
| 2025 | +4.93% | +4.74% | +7.76% |
| 2024 | +23.19% | +22.90% | +16.24% |
| 2023 | +43.41% | +38.33% | +26.91% |
| 2022 | +5.52% | +7.04% | +4.25% |
| 2021 | +40.31% | +29.39% | +31.60% |
Nippon India Value vs Tata Value: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 2,666 of them, one for each trading day from 04-01-2016 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Nippon India Value Fund (Direct)
Tata Value Fund (Direct)
Nifty 500 TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India Value | 2.5 | 4.8 | 7.1 | 19.8 | 21.8 | 25.2 | 18.9 | 17.7% | 18.6% | −6.5% | 36.4% | 76% |
| Tata Value | 2.4 | 5.4 | 7.5 | 13.0 | 31.3 | 22.5 | 17.9 | 17.9% | 18.5% | −7.3% | 37.4% | 67% |
| Nifty 500 TRI | 1.9 | 4.3 | 7.8 | 37.0 | 34.8 | 11.3 | 2.9 | 14.7% | 14.9% | −6.3% | 33.5% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 02-01-2013. Past returns do not promise future returns.
Nippon India Value vs Tata Value: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India ValueNippon India Value Fund (Direct) | ₹16,60,000 | ₹50,50,708 | ₹33,90,708 | 14.9% |
| Tata ValueTata Value Fund (Direct) | ₹16,60,000 | ₹49,65,183 | ₹33,05,183 | 14.7% |
Nippon India ValueNippon India Value Fund (Direct)
Tata ValueTata Value Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Nippon India Value vs Tata Value: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Value Fund (Direct) | Tata Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | −11.61% | −7.07% |
| Standard deviation | 14.64% | 14.58% |
| Sharpe ratio | -1.15 | -0.85 |
| Sortino ratio | -1.51 | -1.11 |
| Maximum drawdown | −14.4% (31-03-2026) | −13.1% (31-03-2026) |
| Beta | 1.00 | 0.97 |
| Alpha | −4.29% | −0.06% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Value Fund (Direct) | Tata Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.65% | +11.48% |
| Standard deviation | 15.19% | 15.42% |
| Sharpe ratio | 0.37 | 0.35 |
| Sortino ratio | 0.50 | 0.47 |
| Maximum drawdown | −17.6% (03-03-2025) | −20.9% (03-03-2025) |
| Beta | 1.04 | 1.03 |
| Alpha | +1.27% | +1.15% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Value Fund (Direct) | Tata Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.46% | +11.54% |
| Standard deviation | 14.96% | 14.73% |
| Sharpe ratio | 0.38 | 0.39 |
| Sortino ratio | 0.51 | 0.52 |
| Maximum drawdown | −17.6% (20-06-2022) | −20.9% (03-03-2025) |
| Beta | 1.02 | 0.98 |
| Alpha | +2.59% | +2.78% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Value Fund (Direct) | Tata Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.57% | +15.55% |
| Standard deviation | 16.47% | 16.13% |
| Sharpe ratio | 0.52 | 0.59 |
| Sortino ratio | 0.69 | 0.79 |
| Maximum drawdown | −38.6% (23-03-2020) | −37.9% (23-03-2020) |
| Beta | 1.00 | 0.97 |
| Alpha | +1.78% | +2.97% |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Nippon India Value Fund (Direct)
Tata Value Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Value Fund (Direct) | −38.6% | 23-01-2018 | 23-03-2020 | 11-11-2020 | 8 months | −12.7% |
| Tata Value Fund (Direct) | −37.9% | 27-08-2018 | 23-03-2020 | 06-11-2020 | 7 months | −11.9% |
| Nifty 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −8.8% |
From daily values since 02-01-2013, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Value Fund (Direct)
Tata Value Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Value Fund (Direct)
Tata Value Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Value Fund (Direct)
Tata Value Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Nippon India Value Fund (Direct) | 110% | 105% | 4.97% |
| Tata Value Fund (Direct) | 106% | 94% | 5.45% |
From month-end values since 02-01-2013. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Nippon India Value vs Tata Value: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Value Fund, September 2026; Tata Value Fund, September 2026
Holdings in common
- Overlap
- 20.6%
- Held by both
- 11
- Only in Nippon India Value
- 74
- Only in Tata Value
- 26
| Security | % of Nippon India Value | % of Tata Value |
|---|---|---|
| NTPC Limited | 3.59% | 3.53% |
| ICICI Bank Limited | 3.36% | 9.10% |
| Kotak Mahindra Bank Limited | 3.27% | 4.42% |
| HDFC Bank Limited | 7.31% | 2.53% |
| Coal India Limited | 1.91% | 5.41% |
| ITC Limited | 1.87% | 3.44% |
| Infosys Limited | 1.55% | 1.42% |
| Dixon Technologies (India) Limited | 1.11% | 1.57% |
| Tata Consultancy Services Limited | 1.86% | 0.96% |
| Vedanta Limited | 0.49% | 0.96% |
| PB Fintech Limited | 0.16% | 0.93% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 20.6% means 20.6% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Nippon India Value Fund
| Security | % of fund |
|---|---|
| State Bank of India | 4.37% |
| Axis Bank Limited | 3.81% |
| Reliance Industries Limited | 2.69% |
| IndusInd Bank Limited | 2.69% |
| Bharat Heavy Electricals Limited | 2.50% |
Largest holdings only in Tata Value Fund
| Security | % of fund |
|---|---|
| SHRIRAM FINANCE LTD | 6.01% |
| MOTILAL OSWAL FINANCIAL SERVICE LTD | 5.31% |
| INDUS TOWERS LTD | 4.48% |
| MUTHOOT FINANCE LTD | 4.34% |
| HINDUSTAN ZINC LTD | 4.33% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Value | Tata Value |
|---|---|---|
| Equity | 96.6% | 94.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.4% | 5.4% |
Market cap of stocks
| Market cap | Nippon India Value | Tata Value |
|---|---|---|
| Large Cap | 56.6% | 65.2% |
| Mid Cap | 18.6% | 20.3% |
| Small Cap | 20.1% | 9.1% |
| Not on AMFI's list | 1.2% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Nippon India Value | Tata Value |
|---|---|---|
| Banks | 26.1% | 18.0% |
| Finance | 6.0% | 10.3% |
| Consumer Durables | 7.6% | 1.8% |
| Power | 6.9% | 7.0% |
| IT - Software | 6.4% | 2.4% |
| Consumable Fuels | 1.9% | 5.4% |
| Capital Markets | 0.0% | 5.3% |
| Retailing | 2.8% | 4.6% |
| Electrical Equipment | 3.5% | 0.2% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India Value vs Tata Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Value Fund | Tata Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.26% | 1.06% |
| Base expense ratio (Direct) | 0.90% | 0.70% |
| Total expense ratio (Regular) | 1.99% | 1.99% |
| Base expense ratio (Regular) | 1.53% | 1.52% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Nippon India Value with
Nippon India Value Fund vs Tata Value Fund: Frequently Asked Questions
What is the difference between Nippon India Value Fund and Tata Value Fund?
Both are Value and Contra funds, run by Nippon India Mutual Fund and Tata Mutual Fund. Their portfolios overlap 20.6%. Nippon India Value Fund charges 1.26% a year and Tata Value Fund 1.06%.
Which has given higher returns, Nippon India Value Fund or Tata Value Fund?
Over 1 year: Nippon India Value Fund −11.61%, Tata Value Fund −7.07%. Over 3 years: Nippon India Value Fund +11.65% a year, Tata Value Fund +11.48% a year. Over 5 years: Nippon India Value Fund +11.46% a year, Tata Value Fund +11.54% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India Value Fund or Tata Value Fund?
Tata Value Fund charges less: 1.06% a year against 1.26%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Value Fund and Tata Value Fund overlap?
20.6%. They hold 11 of the same securities, the largest shared ones being NTPC, ICICIBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Which is riskier, Nippon India Value Fund or Tata Value Fund?
On SEBI's riskometer, Nippon India Value Fund is rated Very High and Tata Value Fund Very High. Over 3 years, the standard deviation of daily returns was 15.19% and 15.42% a year.
Which is better for SIP, Nippon India Value Fund or Tata Value Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,71,254 in Nippon India Value Fund (XIRR 9.2% a year) and ₹7,77,314 in Tata Value Fund (XIRR 9.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Nippon India Value Fund and Tata Value Fund?
Yes. 20.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Nippon India Value Fund and Tata Value Fund?
Nippon India Value Fund: Dhrumil Shah FM 1, Meenakshi Dawar FM 2. Tata Value Fund: Sonam Udasi.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.