New Delhi, July 18 -- Every market cycle brings its own favorites. In recent years, smallcap and midcap funds have dominated investor portfolios with their impressive performance. But as valuations climb and regulatory caution grows, investor focus may be starting to shift.

This has brought value funds back into focus. Once considered a conservative choice, value funds are now being seen as a potential middle path, offering growth opportunities with relatively lower risk.

In this article, we explore whether value funds are emerging as the next favorite for investors after smallcap and midcap funds and if they deserve a place in your portfolio.

Smallcap and midcap funds have been at the center of retail investor enthusiasm in recent yea...