DSP Value Fund vs LIC MF Value Fund
DSP Value Fund (Direct) and LIC MF 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 31 Jul 2023 – 28 Aug 2026, limited by LIC MF 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 | LIC MF Value Fund | Nifty 500 |
|---|---|---|---|
| 31 Jul 2023 | ₹100.00 | ₹100.00 | ₹100.00 |
| 02 Nov 2023 | ₹98.99 | ₹101.43 | ₹99.01 |
| 03 Feb 2024 | ₹118.06 | ₹119.56 | ₹116.72 |
| 07 May 2024 | ₹122.12 | ₹121.32 | ₹120.97 |
| 09 Aug 2024 | ₹135.58 | ₹142.71 | ₹134.38 |
| 10 Nov 2024 | ₹139.65 | ₹143.24 | ₹132.75 |
| 12 Feb 2025 | ₹133.35 | ₹128.73 | ₹122.56 |
| 17 May 2025 | ₹141.26 | ₹133.61 | ₹134.07 |
| 18 Aug 2025 | ₹144.04 | ₹134.65 | ₹134.42 |
| 20 Nov 2025 | ₹153.17 | ₹142.78 | ₹140.54 |
| 22 Feb 2026 | ₹156.63 | ₹144.65 | ₹137.14 |
| 26 May 2026 | ₹158.89 | ₹153.66 | ₹134.22 |
| 28 Aug 2026 | ₹161.67 | ₹167.30 | ₹137.65 |
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 LIC MF Value Fund share 17% of their equity book by weight.
Shared holdings — DSP Value Fund vs LIC MF Value Fund
| Stock | DSP Value Fund | LIC MF Value Fund | |
|---|---|---|---|
| HDFC Bank Ltd | 13.47% | 3.28% | 3.28% |
| ICICI Bank Ltd | 13.28% | 2.71% | 2.71% |
| Tata Motors Ltd | 2.13% | 3.82% | 2.13% |
| NTPC Ltd | 2.11% | 2.42% | 2.11% |
| Axis Bank Ltd | 3.88% | 1.86% | 1.86% |
| Maruti Suzuki India Ltd | 1.81% | 2.37% | 1.81% |
| Sun Pharmaceutical Industries Ltd | 2.30% | 1.76% | 1.76% |
| Kotak Mahindra Bank Ltd | 1.48% | 0.95% | 0.95% |
| Tata Motors Ltd | 0.66% | 3.85% | 0.66% |
9 shared of 38 / 51 positions. Weights are shown as a share of each fund's equity book.
| Metric | DSP · Direct NAV ₹24.92 Very High risk ★★★★★ | LIC · Direct NAV ₹31.38 Very High risk ★★★☆☆ | Category median Value Fund · 23 funds |
|---|---|---|---|
| +12.79% | +25.69%Best in row | +6.44% | |
| +17.96% | +18.28%Best in row | +14.89% | |
| +13.69% | — | +14.24% | |
| +17.32% | +18.19%Best in row | +16.02% | |
| +15.70% | +16.34%Best in row | — | |
| +19.05%Best in row | +18.33% | +18.32% | |
| +15.88% | — | +15.84% | |
| Risk | |||
| 11.04%Best in row | 17.18% | 14.32% | |
| 1.04Best in row | 0.69 | 0.56 | |
| 1.45Best in row | 0.93 | 0.76 | |
| -16.45%Best in row | -25.20% | -36.70% | |
| +6.82%Best in row | +5.93% | +2.89% | |
| 0.64 | 1.10 | 0.96 | |
| 85.6% | 125.3%Best in row | 102.8% | |
| 39.6%Best in row | 102.8% | 93.3% | |
| 1.61%Best in row | 1.84% | 1.14% | |
| ₹1,772Cr | ₹212.81Cr | ₹1,662Cr | |
| 1.00% | Up to 1.00% | — | |
| ₹100 | ₹200 | — | |
| ₹100 | ₹5.00K | — | |
| 138% | 29% | 31% | |
| Aparna Karnik | Sumit Bhatnagar | — | |
| 11 Dec 2020 | 31 Jul 2023 | — | |
| 38 | 51 | — | |
| 36.1% | 31.4% | — | |
| 18.7% | 4.2% | — | |
4 rows carry the same value for every fund — show
- 10Y return (CAGR)
- —
- 10Y rolling avg
- —
- Benchmark
- Nifty 500
- Lock-in
- None
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 LIC MF Value Fund?
Over the last 3 years, LIC MF Value Fund returned +18.28% 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 LIC MF Value Fund?
DSP Value Fund has the lower expense ratio: DSP Value Fund charges 1.61% a year against LIC MF Value Fund's 1.84%. 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 LIC MF Value Fund?
LIC MF Value Fund has shown higher volatility (+17.18% 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 LIC MF Value Fund -25.20%.
Which fund manages more money — DSP Value Fund or LIC MF Value Fund?
DSP Value Fund is the larger fund: DSP Value Fund manages ₹1,772Cr against LIC MF Value Fund's ₹212.81Cr 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 LIC MF 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.