Fund Radar: Are value index funds worth your time?

Currently, we would say no. Three of the four value index funds - BSE Enhanced Value, Nifty 500 Value 50 and Nifty 200 Value 30 - can be avoided. While the fourth one - Nifty 50 Value 20 - has demonstrated strong long-term returns, we have one concern regarding them. But before we delve deeper, let's understand what value funds are. Types of value funds Active value funds: These mutual funds actively pick stocks of companies they believe are undervalued. Passive value funds: Unlike active funds, these funds don't have a manager picking stocks; they simply invest in a list of stocks present in value indices, which are chosen