Best mutual funds, June 3 -- Prior to investing in a mutual fund scheme, it is recommended to first compare the returns delivered by different schemes in the same category. Although the past returns do not necessarily continue in future, they tend to indicate the trajectory of returns - which may reverse also in the near future.

Here, we list out some value schemes which have delivered over 30 percent return in the past five years. Those who are not aware, value funds refer to those schemes which follow value investment strategy, with at least 65 per cent in stocks. These funds identify stocks that are currently undervalued but are expected to perform well over time as the value is unlocked.

Without further ado, we list out the value sc...