DSP Value Fund vs Nippon India Value Fund
DSP Value Fund and Nippon India Value Fund are both Value / Contra funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +17.55% vs +13.36%, 5-year CAGR +13.21% vs +12.47%, volatility 10.69% vs 16.05%, maximum drawdown −16.45% vs −38.60%. Their portfolios overlap by 31.3% (18 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| DSP Value | Nippon India Value | |
|---|---|---|
| Fund house | DSP Mutual Fund | Nippon India Mutual Fund |
| Compared as | Value / Contra | Value / Contra |
| NAV | ₹24.9570 | ₹242.0730 |
| NAV date | 5 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 11 Dec 2020 | 2 Jan 2013 |
| Track record | 5.9 yrs | 13.8 yrs |
| Fund size (AUM) | ₹2,201 Cr | ₹8,479 Cr |
| Securities held | 65 | 86 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| DSP Value | Nippon India Value | |
|---|---|---|
| 1 month | +4.18% | +3.68% |
| 3 months | −0.83% | −3.89% |
| 6 months | +2.07% | −3.43% |
| 1 year | +6.24% | −4.32% |
| 3 years (CAGR) | +17.55% | +13.36% |
| 5 years (CAGR) | +13.21% | +12.47% |
| 7 years (CAGR) | — | +17.55% |
| 10 years (CAGR) | — | +15.39% |
| Since launch (CAGR) | +16.75% | +15.09% |
| SIP return (XIRR, 5 years) ⓘ | +14.59% | +11.61% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| DSP Value | Nippon India Value | |
|---|---|---|
| 2026 (year to date) | +4.17% | −4.91% |
| 2025 | +12.40% | +4.93% |
| 2024 | +21.81% | +23.19% |
| 2023 | +30.91% | +43.41% |
| 2022 | −1.80% | +5.52% |
| 2021 | +31.97% | +40.31% |
Risk
| DSP Value | Nippon India Value | |
|---|---|---|
| Volatility (annualised) ⓘ | 10.69% | 16.05% |
| Downside volatility ⓘ | 6.88% | 10.89% |
| Sharpe ratio ⓘ | 1.04 | 0.43 |
| Sortino ratio ⓘ | 1.61 | 0.63 |
| Maximum drawdown ⓘ | −16.45% | −38.60% |
| Recovery from that fall | 5 months | 8 months |
| Current fall from peak | −1.18% | −6.85% |
| Rolling 1-year return: worst | −6.19% | −33.26% |
| Rolling 1-year return: median | +13.14% | +12.49% |
| Rolling 1-year return: best | +44.55% | +102.65% |
| Share of 1-year periods with a loss | 9.76% | 18.42% |
Against each fund's benchmark
| DSP Value | Nippon India Value | |
|---|---|---|
| Beta ⓘ | 0.65 | 1.03 |
| Alpha (Jensen's, annualised) ⓘ | +6.29% | +1.34% |
| R² ⓘ | 80.29 | 95.48 |
| Upside capture | 86.33% | 107.58% |
| Downside capture | 45.06% | 103.23% |
| Tracking error | 7.44% | 3.56% |
| Information ratio | 0.80 | 0.42 |
| Treynor ratio | 14.81 | 5.01 |
Portfolio
Asset mix
| DSP Value | Nippon India Value | |
|---|---|---|
| Equity | 73.79% | 96.60% |
| Foreign Securities | 12.83% | 0.00% |
| Cash & equivalents | 8.59% | 3.40% |
| ETF Units | 1.04% | 0.00% |
| REITs / InvITs | 1.02% | 0.00% |
Market-cap split (share of fund assets)
| DSP Value | Nippon India Value | |
|---|---|---|
| Large Cap | 59.26% | 56.65% |
| Mid Cap | 10.73% | 18.63% |
| Small Cap | 3.80% | 20.15% |
| Unclassified | 0.00% | 1.17% |
Concentration
| DSP Value | Nippon India Value | |
|---|---|---|
| Top 10 holdings | 38.71% | 35.91% |
| Effective number of stocks ⓘ | 36.2 | 45.1 |
| Securities held | 65 | 86 |
Portfolio overlap: 31.3%
18 companies are held by both funds; by weight, 31.3% of the two portfolios is the same. That is a moderate overlap.
| Held by both | DSP Value | Nippon India Value |
|---|---|---|
| HDFC Bank Limited | 9.45% | 7.31% |
| ICICI Bank Limited | 8.22% | 3.36% |
| NTPC Limited | 2.65% | 3.59% |
| Axis Bank Limited | 2.48% | 3.81% |
| Bharti Airtel Limited | 2.47% | 2.32% |
| State Bank of India | 2.02% | 4.37% |
| ITC Limited | 2.56% | 1.87% |
| Maruti Suzuki India Limited | 2.59% | 1.85% |
| Infosys Limited | 1.61% | 1.55% |
| Larsen & Toubro Limited | 1.34% | 2.03% |
| Max Financial Services Limited | 1.00% | 1.08% |
| Alkem Laboratories Limited | 2.43% | 0.95% |
| Jindal Steel Limited | 0.74% | 1.63% |
| SBI Life Insurance Company Limited | 2.13% | 0.70% |
| Bajaj Finance Limited | 0.55% | 2.02% |
Top 10 holdings
DSP Value
- HDFC Bank Limited9.45%
- ICICI Bank Limited8.22%
- Mahindra & Mahindra Limited3.29%
- NTPC Limited2.65%
- Maruti Suzuki India Limited2.59%
- HDFC Asset Management Company Limited2.57%
- ITC Limited2.56%
- Axis Bank Limited2.48%
- Bharti Airtel Limited2.47%
- Alkem Laboratories Limited2.43%
Nippon India Value
- HDFC Bank Limited7.31%
- State Bank of India4.37%
- Axis Bank Limited3.81%
- NTPC Limited3.59%
- ICICI Bank Limited3.36%
- Kotak Mahindra Bank Limited3.27%
- Reliance Industries Limited2.69%
- IndusInd Bank Limited2.69%
- Bharat Heavy Electricals Limited2.50%
- Bharti Airtel Limited2.32%
Sector exposure
| DSP Value | Nippon India Value | |
|---|---|---|
| Banks | 22.64% | 26.07% |
| Automobiles | 8.77% | 1.85% |
| Consumer Durables | 1.80% | 7.60% |
| Power | 4.20% | 6.90% |
| Insurance | 6.87% | 2.65% |
| Pharmaceuticals & Biotechnology | 6.72% | 3.21% |
| IT - Software | 2.16% | 6.42% |
| Finance | 1.14% | 6.01% |
| Telecom - Services | 4.37% | 2.85% |
| Foreign Security | 3.94% | 0.00% |
| Electrical Equipment | 0.71% | 3.47% |
| Capital Markets | 3.24% | 0.00% |
| Retailing | 0.67% | 2.83% |
| Auto Components | 0.81% | 2.73% |
Questions people ask
What is the difference between DSP Value and Nippon India Value returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +6.24% vs −4.32%; 3-year CAGR +17.55% vs +13.36%; 5-year CAGR +13.21% vs +12.47%; 10-year CAGR — vs +15.39%. Past returns do not indicate future returns.
How do DSP Value and Nippon India Value compare on risk?
Volatility (36 monthly returns, annualised) 10.69% vs 16.05%; Sharpe ratio 1.04 vs 0.43; Sortino ratio 1.61 vs 0.63; maximum drawdown −16.45% vs −38.60%; beta 0.65 vs 1.03.
How much do DSP Value and Nippon India Value overlap?
By weight, 31.3% of the two portfolios is invested in the same companies; 18 stocks are held by both, the largest shared positions being HDFC Bank Limited, ICICI Bank Limited, NTPC Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of DSP Value and Nippon India Value?
DSP Value: large cap 59.3%, mid cap 10.7%, small cap 3.8%. Nippon India Value: large cap 56.7%, mid cap 18.6%, small cap 20.2% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
DSP Value vs
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.