Is it a good time to invest in value funds? Please suggest a good value fund.
- Nikhil Kapoor
Value funds have been struggling for the last five years. They have been a test of patience and some of the very impressive value funds have failed to perform. But now I find that they look compelling, so they will do well. I would say that an investor should have a diversification of style and so a third of your money should be in value funds.
And if I have to recommend value funds, I would say two funds I like. These include Tata Equity PE fund - it's a very impressive fund and it is in fact value coupled with a growth orientation. And the other is L&T India Value fund.