Value-oriented equity mutual funds are in the dump. The category had a very bad year in both 2018 and 2019. Devotees of prominent value funds like ICICI Prudential Value Discovery Fund, Quantum Long Term Equity Value Fund, and so on, are wondering whether there is any point in continuing with the value theme. Is value investing finished?
The value fund category is among the laggards in the past one year. The category has offered an average return of 2.62% in the last one year.
Nine big financial changes that you must watch out for in October
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