Value-oriented schemes lead return scorecard in Q1 of new financial year

Advisor reckon longer horizon as category can see heightened volatility

Value-oriented funds have started to outperform other equity categories in recent months, after largely lagging behind over longer time-frames.  

In the first quarter of the current financial year, (April-June), value funds have delivered average returns of 21.41 per cent, outperforming large-, mid- and small-cap funds.

Fund managers say that value funds are looking attractive at the current juncture and offer an attractive risk-reward proposition to investors.

"Value as a strategy took a backseat for a long time, resulting in an ever-growing investor bias towards high-growth companies, regardless