COMPARE
LIC MF Value Fund-Direct Plan-Growth vs Tata Value Fund -Direct Plan Growth Option
LIC MF Value Fund- and Tata Value Fund - are both in the Value Fund category, from LIC Mutual Fund Asset Management Limited and Tata Asset Management Limited respectively. Tata Value Fund - has posted a higher 3-year rolling CAGR. Tata Value Fund - has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Tata Value Fund - has the lower direct-plan expense ratio, by 0.78 percentage points.
| LIC MF Value Fund-Direct Plan-Growth | Tata Value Fund -Direct Plan Growth Option | |
|---|---|---|
| Category | Value Fund | Value Fund |
| AMC | LIC Mutual Fund Asset Management Limited | Tata Asset Management Limited |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| NAV | ₹29.5286 (2026-10-28) | ₹374.1743 (2026-10-28) |
| AUM | ₹356.863 Cr | ₹8,062.67 Cr |
| Expense Ratio (Direct) | 1.86% | 1.08% |
| Inception | 2018-07-30 | 2004-05-17 |
Returns
Tata Value Fund - leads on 3-year rolling CAGR (18.6% vs LIC MF Value Fund-'s 17.3%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
LIC MF Value Fund- has been the more volatile of the two by standard deviation.
| LIC MF Value Fund-Direct Plan-Growth | Tata Value Fund -Direct Plan Growth Option | |
|---|---|---|
| 3Y Sharpe Ratio | 0.40 | 0.22 |
| 3Y Alpha | 5.72% | 2.0085% |
| 3Y Std Deviation | 17.8206% | 14.6436% |
| 3Y Calmar Ratio | 0.56 | 0.49 |
Portfolio Analytics
LIC MF Value Fund- carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| LIC MF Value Fund-Direct Plan-Growth | Tata Value Fund -Direct Plan Growth Option | |
|---|---|---|
| P/E Ratio | 29.0845 | 15.6828 |
| P/B Ratio | 6.5033 | 2.68 |
| Dividend Yield | 0.948% | 2.3317% |
| Active Share | 83.64% | 79.24% |
| Portfolio Turnover | 199% | 5666% |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
LIC MF Value Fund- and Tata Value Fund - carry the same Punji Quality grade.
Frequently asked questions
Which has a higher 3-year return, LIC MF Value Fund- or Tata Value Fund -?
Tata Value Fund -'s 3-year rolling CAGR of 18.6% is higher than LIC MF Value Fund-'s 17.3%. Tata Value Fund - sits in the 43rd percentile of its category on this metric, versus the 38th percentile for LIC MF Value Fund- - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, LIC MF Value Fund- or Tata Value Fund -?
Tata Value Fund -'s direct-plan expense ratio is 0.78 percentage points lower than LIC MF Value Fund-'s. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, LIC MF Value Fund- or Tata Value Fund -?
By standard deviation (a measure of how much a fund's returns swing around its own average), LIC MF Value Fund- has been more volatile than Tata Value Fund - over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.40 for LIC MF Value Fund- vs 0.22 for Tata Value Fund -) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, LIC MF Value Fund- or Tata Value Fund -?
Tata Value Fund - has ₹8,063 Cr in assets under management, versus ₹357 Cr for LIC MF Value Fund-. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, LIC MF Value Fund- or Tata Value Fund -?
Tata Value Fund - launched on 2004-05-17, making it older than LIC MF Value Fund- (launched 2018-07-30). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.