NJ Value Fund
Direct · GrowthAI Summary
NJ Value Fund has underperformed its benchmark, the NIFTY50 VALUE 20, across all time horizons, with negative alpha ranging from -7.03% over 1 year to -2.17% over 15 years. The fund's 1Y CAGR of -9.8% trails the benchmark's -6.28%, and calendar year 2026 returned -10.16%. SIP XIRR data is not available for the fund, so a like-for-like comparison with the category averages (11.63% to 17.02% across horizons) cannot be made.
The fund exhibits a low beta of 0.725, indicating lower volatility than the benchmark, but this has not translated into better risk-adjusted returns given the persistent negative alpha. It has experienced one drawdown event exceeding 10%, with a maximum drawdown of -10.66% lasting 79 days. Notably, the downside capture of 88.2% exceeds the upside capture of 50.6%, meaning the fund participates less in rallies but still captures most of the declines — an unfavorable asymmetry.
Detailed holdings and sector allocation data are not available for this fund, so concentration and diversification cannot be assessed. As a value-oriented fund benchmarked to the NIFTY50 VALUE 20, it likely focuses on undervalued large-cap stocks. Investors should review the latest factsheet for portfolio specifics before investing.
The fund's consistent underperformance versus its benchmark across 1Y to 15Y horizons suggests it has lagged value peers over the long term. While the gap narrows over longer periods (alpha improving from -7.03% at 1Y to -2.17% at 15Y), it remains negative throughout. Without XIRR data, direct ranking against the category's SIP returns of 13.56% to 17.02% is not possible.
This fund is not suitable for investors seeking competitive value-style returns given its persistent negative alpha and unfavorable capture asymmetry. Value investing requires a long horizon of 7-10+ years, but even over 15 years the fund has trailed its benchmark. Only investors with high risk tolerance and a strong conviction in the fund's value approach should consider it, and most would be better served by category leaders.
- Low beta of 0.725 indicates lower volatility relative to the NIFTY50 VALUE 20 benchmark
- Alpha gap versus benchmark narrows steadily over longer horizons, from -7.03% at 1Y to -2.17% at 15Y
- Only one drawdown event exceeding 10%, with a contained maximum drawdown of -10.66%
- Persistent negative alpha across all time horizons, with the fund trailing the benchmark at every measured period
- Unfavorable capture asymmetry: upside capture of only 50.6% versus downside capture of 88.2%, meaning weak participation in rallies but near-full participation in declines
- Negative returns across all horizons, including -9.8% over 1Y and -10.16% in calendar 2026, with no XIRR data available to assess SIP investor outcomes
Generated on 28-10-2026, 2:14 AM. Verify before investing.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
Not enough data to compute SIP returns.
Not enough data to compute rolling returns.
Compared against NIFTY50 VALUE 20
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | -6.88 | 0.68 | 46.3% | 78.4% | -8.9% | -6.1% |
| 3 Years | -3.75 | 0.68 | 46.3% | 78.4% | -3.1% | -2.1% |
| 5 Years | -3.11 | 0.68 | 46.3% | 78.4% | -1.9% | -1.2% |
| 7 Years | -2.81 | 0.68 | 46.3% | 78.4% | -1.3% | -0.9% |
| 10 Years | -2.61 | 0.68 | 46.3% | 78.4% | -0.9% | -0.6% |
| 12 Years | -2.51 | 0.68 | 46.3% | 78.4% | -0.8% | -0.5% |
| 15 Years | -2.43 | 0.68 | 46.3% | 78.4% | -0.6% | -0.4% |