DSP Value Fund vs Axis Value Fund
DSP Value Fund (Direct) and Axis Value Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Value Fund schemes — see the best value mutual funds for the full ranking.
Head to head
NAVs as of 31 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 28 Sep 2021 – 28 Aug 2026, limited by Axis Value Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one.
View as table
| Date | DSP Value Fund | Axis Value Fund | Nifty 500 |
|---|---|---|---|
| 28 Sep 2021 | ₹100.00 | ₹100.00 | ₹100.00 |
| 25 Feb 2022 | ₹93.82 | ₹96.10 | ₹93.98 |
| 24 Jul 2022 | ₹94.33 | ₹98.10 | ₹94.97 |
| 21 Dec 2022 | ₹99.81 | ₹105.00 | ₹102.86 |
| 19 May 2023 | ₹104.15 | ₹110.30 | ₹102.07 |
| 16 Oct 2023 | ₹115.97 | ₹130.50 | ₹115.22 |
| 14 Mar 2024 | ₹137.59 | ₹152.30 | ₹131.93 |
| 10 Aug 2024 | ₹155.52 | ₹187.50 | ₹151.86 |
| 07 Jan 2025 | ₹158.35 | ₹193.90 | ₹148.00 |
| 05 Jun 2025 | ₹163.06 | ₹191.60 | ₹151.93 |
| 02 Nov 2025 | ₹175.13 | ₹203.10 | ₹157.07 |
| 31 Mar 2026 | ₹166.88 | ₹182.80 | ₹135.99 |
| 28 Aug 2026 | ₹185.44 | ₹219.20 | ₹155.56 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
DSP Value Fund and Axis Value Fund share 36% of their equity book by weight.
Shared holdings — DSP Value Fund vs Axis Value Fund
| Stock | DSP Value Fund | Axis Value Fund | |
|---|---|---|---|
| HDFC Bank Ltd | 13.47% | 6.23% | 6.23% |
| ICICI Bank Ltd | 13.28% | 5.63% | 5.63% |
| Bharti Airtel Ltd | 4.63% | 2.87% | 2.87% |
| Larsen & Toubro Ltd | 2.93% | 2.55% | 2.55% |
| NTPC Ltd | 2.11% | 2.75% | 2.11% |
| Infosys Ltd | 1.97% | 1.97% | 1.97% |
| Sun Pharmaceutical Industries Ltd | 2.30% | 1.96% | 1.96% |
| Mahindra & Mahindra Ltd | 5.23% | 1.95% | 1.95% |
| Axis Bank Ltd | 3.88% | 1.72% | 1.72% |
| Bharat Electronics Ltd | 1.97% | 1.52% | 1.52% |
| Kotak Mahindra Bank Ltd | 1.48% | 1.27% | 1.27% |
| Ultratech Cement Ltd | 1.91% | 1.05% | 1.05% |
| Bharat Petroleum Corporation Ltd | 1.32% | 0.96% | 0.96% |
| Indus Towers Ltd | 2.19% | 0.88% | 0.88% |
| HDFC Life Insurance Co Ltd | 3.48% | 0.83% | 0.83% |
5 more stocks in common. 20 shared of 38 / 87 positions. Weights are shown as a share of each fund's equity book.
| Metric | DSP · Direct NAV ₹24.92 Very High risk ★★★★★ | Axis · Direct NAV ₹22.01 Very High risk ★★★★★ | Category median Value Fund · 23 funds |
|---|---|---|---|
| +12.79% | +15.60%Best in row | +6.44% | |
| +17.96% | +19.96%Best in row | +14.89% | |
| +13.69% | — | +14.24% | |
| +17.32% | +17.38% | +16.02% | |
| +15.70% | +18.86%Best in row | — | |
| +19.05% | +23.24%Best in row | +18.32% | |
| +15.88% | — | +15.84% | |
| Risk | |||
| 11.04%Best in row | 14.06% | 14.32% | |
| 1.04Best in row | 0.96 | 0.56 | |
| 1.45Best in row | 1.30 | 0.76 | |
| -16.45%Best in row | -20.20% | -36.70% | |
| +6.82% | +7.61%Best in row | +2.89% | |
| 0.64 | 0.95 | 0.96 | |
| 85.6% | 119.3%Best in row | 102.8% | |
| 39.6%Best in row | 83.3% | 93.3% | |
| 1.61% | 0.98%Best in row | 1.14% | |
| ₹1,772Cr | ₹1,552Cr | ₹1,662Cr | |
| 1.00% | Up to 1.00% | — | |
| 138% | 45% | 31% | |
| Aparna Karnik | Krishnaa Narayan | — | |
| 11 Dec 2020 | 28 Sep 2021 | — | |
| 38 | 87 | — | |
| 36.1% | 33.1% | — | |
| 18.7% | -0.1% | — | |
6 rows carry the same value for every fund — show
- 10Y return (CAGR)
- —
- 10Y rolling avg
- —
- Benchmark
- Nifty 500
- Lock-in
- None
- Min SIP
- ₹100
- Min lumpsum
- ₹100
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — DSP Value Fund or Axis Value Fund?
Over the last 3 years, Axis Value Fund returned +19.96% CAGR against DSP Value Fund's +17.96%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — DSP Value Fund or Axis Value Fund?
Axis Value Fund has the lower expense ratio: DSP Value Fund charges 1.61% a year against Axis Value Fund's 0.98%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — DSP Value Fund or Axis Value Fund?
Axis Value Fund has shown higher volatility (+14.06% annualized vs DSP Value Fund's +11.04%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: DSP Value Fund -13.69% vs Axis Value Fund -17.14%.
Which fund manages more money — DSP Value Fund or Axis Value Fund?
DSP Value Fund is the larger fund: DSP Value Fund manages ₹1,772Cr against Axis Value Fund's ₹1,552Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are DSP Value Fund and Axis Value Fund in the same category?
Yes — both are Value Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.