HDFC Value Fund vs Axis Value Fund
HDFC 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 02 Sep 2026
Growth of ₹100 (rebased over the selected window)
Common period 28 Sep 2021 – 02 Sep 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 | HDFC Value Fund | Axis Value Fund | Nifty 500 |
|---|---|---|---|
| 28 Sep 2021 | ₹100.00 | ₹100.00 | ₹100.00 |
| 25 Feb 2022 | ₹96.55 | ₹96.10 | ₹93.98 |
| 25 Jul 2022 | ₹96.72 | ₹97.70 | ₹94.59 |
| 22 Dec 2022 | ₹106.50 | ₹104.00 | ₹102.23 |
| 21 May 2023 | ₹107.53 | ₹110.30 | ₹102.07 |
| 18 Oct 2023 | ₹123.24 | ₹130.20 | ₹114.89 |
| 16 Mar 2024 | ₹143.71 | ₹151.50 | ₹131.33 |
| 13 Aug 2024 | ₹169.67 | ₹186.30 | ₹150.41 |
| 10 Jan 2025 | ₹165.75 | ₹188.30 | ₹144.41 |
| 09 Jun 2025 | ₹177.47 | ₹194.20 | ₹154.55 |
| 06 Nov 2025 | ₹183.42 | ₹201.80 | ₹155.76 |
| 05 Apr 2026 | ₹165.54 | ₹185.30 | ₹138.70 |
| 02 Sep 2026 | ₹192.56 | ₹217.20 | ₹154.61 |
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 →
HDFC Value Fund and Axis Value Fund share 47% of their equity book by weight.
Shared holdings — HDFC Value Fund vs Axis Value Fund
| Stock | HDFC Value Fund | Axis Value Fund | |
|---|---|---|---|
| ICICI Bank Ltd | 6.81% | 5.54% | 5.54% |
| HDFC Bank Ltd | 4.90% | 5.12% | 4.90% |
| Bharti Airtel Ltd | 3.24% | 2.89% | 2.89% |
| State Bank of India | 3.44% | 2.51% | 2.51% |
| Infosys Ltd | 2.43% | 2.30% | 2.30% |
| Larsen & Toubro Ltd | 2.62% | 2.29% | 2.29% |
| NTPC Ltd | 2.20% | 2.53% | 2.20% |
| Reliance Industries Ltd | 2.07% | 3.79% | 2.07% |
| Sun Pharmaceutical Industries Ltd | 2.27% | 1.97% | 1.97% |
| Tech Mahindra Ltd | 1.78% | 1.89% | 1.78% |
| Zomato Ltd | 1.69% | 1.52% | 1.52% |
| Axis Bank Ltd | 3.26% | 1.48% | 1.48% |
| PNB Housing Finance Ltd | 1.28% | 1.42% | 1.28% |
| Sona BLW Precision Forgings Ltd | 1.27% | 2.31% | 1.27% |
| Bharat Electronics Ltd | 1.97% | 1.25% | 1.25% |
14 more stocks in common. 29 shared of 74 / 87 positions. Weights are shown as a share of each fund's equity book.
| Metric | HDFC · Direct NAV ₹893.84 Very High risk ★★★☆☆ | Axis · Direct NAV ₹21.72 Very High risk ★★★★★ | Category median Value Fund · 23 funds |
|---|---|---|---|
| +9.84% | +12.60%Best in row | +3.95% | |
| +16.98% | +19.00%Best in row | +14.02% | |
| +14.53% | — | +13.82% | |
| +14.61% | — | +14.00% | |
| +15.99% | +17.05%Best in row | +15.90% | |
| +15.09% | +18.15%Best in row | — | |
| +16.32% | +22.96%Best in row | +18.18% | |
| +15.52% | — | +15.58% | |
| +15.79% | — | +15.95% | |
| Risk | |||
| 13.81%Best in row | 14.06% | 14.31% | |
| 0.76 | 0.89Best in row | 0.51 | |
| 1.05 | 1.21Best in row | 0.69 | |
| -43.90% | -20.20%Best in row | -36.70% | |
| +5.71% | +7.66%Best in row | +2.92% | |
| 0.99 | 0.95 | 0.96 | |
| 114.8% | 114.9% | 103.3% | |
| 87.2% | 75.5%Best in row | 92.7% | |
| 1.11% | 0.93%Best in row | 1.20% | |
| ₹7,330Cr | ₹1,552Cr | ₹1,662Cr | |
| 1.00% | Up to 1.00% | — | |
| 49% | 45% | 31% | |
| Dhruv Muchhal · 3.2y | Krishnaa Narayan | — | |
| 01 Jan 2013 | 28 Sep 2021 | — | |
| 74 | 87 | — | |
| 33.4% | 31.4% | — | |
| 0.4% | 0.3% | — | |
4 rows carry the same value for every fund — show
- 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 — HDFC Value Fund or Axis Value Fund?
Over the last 3 years, Axis Value Fund returned +19.00% CAGR against HDFC Value Fund's +16.98%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — HDFC Value Fund or Axis Value Fund?
Axis Value Fund has the lower expense ratio: HDFC Value Fund charges 1.11% a year against Axis Value Fund's 0.93%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — HDFC Value Fund or Axis Value Fund?
Axis Value Fund has shown higher volatility (+14.06% annualized vs HDFC Value Fund's +13.81%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: HDFC Value Fund -18.23% vs Axis Value Fund -17.14%.
Which fund manages more money — HDFC Value Fund or Axis Value Fund?
HDFC Value Fund is the larger fund: HDFC Value Fund manages ₹7,330Cr 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 HDFC 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.