Value Research
Value Research is an India-focused, family-owned investment research platform serving 35 lakh+ retail investors since 1992 with independent mutual fund ratings, stock screeners, portfolio tracking, and premium advisory subscriptions.
- Company typePrivate
- Founded1992
- HeadquartersNoida, India
- Headcount51–100
- GTM typeB2C
- OfferingSoftware
What Value Research does
Value Research is an India-focused investment research and advisory platform founded in 1992 by Dhirendra Kumar. It serves retail investors in India through a freemium direct-to-consumer model, providing independent mutual fund ratings (1,639 funds actively rated via a proprietary star system measuring risk-adjusted returns against SEBI categories), stock screeners (Peter Lynch, Joel Greenblatt, GARP methodologies), portfolio tracking aggregating mutual funds, stocks, NPS, PPF, gold bonds, REITs, and fixed deposits, and a suite of financial calculators (SIP, Step-up SIP). The technical backbone includes Gmail-based auto-import of CAS statements and MF Central integration for seamless portfolio aggregation, with native Android and iOS apps extending accessibility.
The company monetizes through four primary streams: premium advisory subscriptions (Stock Advisor at ₹9,990/year and Fund Advisor at ₹4,900/year, the latter covering up to five family members), print and digital magazine subscriptions (Wealth Insight at ₹69/month and Mutual Fund Insight), data licensing to financial portals and historically to Bloomberg, and newsletter sponsorships/advertising. Its product ecosystem extends to two monthly magazines, four email newsletters, two podcasts, a Knowledge Centre with dedicated Index Investor and Get Started tracks, free downloadable e-books, and webinar series. Value Research is a private, family-owned company headquartered in Noida with satellite offices in Mumbai, Chennai, and Kolkata, and has remained profitable and self-funded since inception without external venture capital or private equity investment.
Value Research firmographics
Firmographics- Name
- Value Research
- Legal name
- Value Research India Private Limited
- Website
- https://valueresearchonline.com
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Value Research is an India-focused, family-owned investment research platform serving 35 lakh+ retail investors since 1992 with independent mutual fund ratings, stock screeners, portfolio tracking, and premium advisory subscriptions.
- Ownership category
- akta.pro rank
Value Research industry classification
Industry- Product category
- Investment Research and Advisory
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Investor Education, Research & Portfolio Analytics Services (Retail) (FSAAAAAO)
- akta.pro secondary industries
- Equity Research (FSACAGAA), Industry & Sector Research (Syndicated/Custom) (BPAHALAE), Strategy & Thematic Research (FSACAGAG)
Keywords
Where Value Research is headquartered
LocationHeadquarters
- HQ city
- Noida
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
Value Research business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Premium Subscriptions: Annual subscription services for investment advisory. Stock Advisor at ₹9,990/yr provides three stock portfolios with buy/sell recommendations. Fund Advisor at ₹4,900/yr offers fund recommendations and portfolio analysis for up to 5 family members.
- Magazine Subscriptions: Wealth Insight magazine at ₹69/month provides ideas for stock investors. Mutual Fund Insight is a monthly magazine on mutual funds and personal finance. Both are available in print and digital formats.
- Data Licensing: Value Research has historically licensed its mutual fund data and analysis to financial portals, media houses, and Bloomberg. The company established in-house capacity to handle data distribution to third-party platforms.
- Newsletter Sponsorships: Multiple email newsletters including Editor's Note, Fundline, Stock Insight, and Index Intel. Newsletters have sponsorship and advertising opportunities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Stock Advisor Premium - ₹9,990/yr |
| Subscription | Annual | Fund Advisor Premium - ₹4,900/yr |
| Subscription | Monthly | Wealth Insight Magazine - ₹69/month |
| Subscription | Annual | Mutual Fund Insight Magazine |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Value Research product offering
Product offeringCore offering
Value Research is an Indian investment research and advisory platform founded in 1992 that provides independent mutual fund ratings, stock analysis, portfolio tracking, premium investment advisory subscriptions, and financial planning tools for retail investors. The platform offers a freemium model with free portfolio aggregation across mutual funds, stocks, NPS, gold bonds, REITs, and fixed deposits, paired with paid advisory services (Fund Advisor at ₹4,900/yr and Stock Advisor at ₹9,990/yr), monthly print and digital magazines, and a proprietary star-based fund rating system covering 1,639+ mutual funds.
Product overview
Value Research is an Indian investment research and advisory platform founded in 1992, operating primarily through its flagship website ValueResearchOnline.com. The platform functions as a platform-plus-modules architecture: the core is the free Value Research Online portal providing fund ratings, stock analysis, portfolio tracking, and market data, supported by premium advisory modules (Value Research Stock Advisor, Value Research Fund Advisor, and Value Research Premium). A suite of financial planning tools (SIP Calculator, Step-up SIP Calculator, Fund Screener, Stock Screener, Fund Compare, Fund Monitor, Portfolio Planner, IPO Monitor) complements the research content. The product ecosystem extends to two print/digital magazines (Mutual Fund Insight, Wealth Insight), four email newsletters (Editor's Note, Fundline, Stock Insight, Index Intel), the Knowledge Centre with dedicated Index Investor and Get Started tracks, a weekly Investors' Hangout podcast/webinar series, free downloadable e-books, and native mobile apps for Android and iOS. The proprietary Value Research Fund Rating System (India's first, created 1992; adopted as SEBI standard) underpins the credibility of the entire platform, which covers over 1,639 funds and serves 35+ lakh investors. Data integrations include Gmail-based auto-import of CAS statements and MF Central connectivity for portfolio aggregation.
Differentiator
Problem solved
Functional benefit
Brands
- Wealth Insight: Monthly equity investment magazine published by Value Research, focused on ideas for savvy stock investors. Celebrating 20 years of publication.
- Mutual Fund Insight
- Value Research Fund Advisor
- Value Research Stock Advisor
- Value Research Pro
- The Index Investor
Products and services
- Value Research Online Primary investment research platform offering mutual fund ratings, stock analysis, portfolio tracking, fund screeners, SIP calculators, and investment insights for over 1,639 rated mutual funds.
- Value Research Stock Advisor Premium stock advisory service offering three curated stock portfolios with buy/sell/hold recommendations backed by equity research; priced at ₹9,990 per year.
- Value Research Fund Advisor
Quantifiable outcome
- 35 lakh+ investors trust the platform since 1992
- +1 more outcomes
Companies that use Value Research
Customer profileSegments4 records
Ideal customer profiles4 records
Value Research technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature5 records
Value Research partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor and core.
- ICICI DirectminorMagazine circulation partnership where ICICI Direct (ICICI's stock broking branch) distributes Wealth Insight magazine to over one lakh members, helping it become India's largest equity investment publication.
- BloombergminorBloomberg started using data from Value Research as its service during the expansion of financial portals in India. This was an early data licensing relationship.
- DoordarshanminorBroadcast media partnership where Value Research appeared on Doordarshan's program 'A Few Rupees More', marking its entry into television media.
- Times of India, Business Standard, Deccan Chronicle, Telegraph, Amar Ujala, Financial ExpressminorMajor newspapers published mutual fund data and analysis from Value Research, giving the platform wide media reach across India. This established Value Research's name with quality coverage of mutual funds.
- Economic TimescoreValue Research collaborated with Economic Times to launch India's first 'Mutual Fund Scorecard'. The database has been published for decades. Also published Dhirendra Kumar's series of reports on PSU disinvestment that launched Value Research.
- CAMS, KFintech, NSDL, CDSLcoreValue Research reads CAS (Consolidated Account Statement) statement emails from these registrars that issue account statements for mutual funds, stocks and ETFs. This enables auto-import functionality for users.
- MF CentralcoreIntegration with MF Central platform for portfolio import. Users are redirected to MF Central to authenticate and generate QR code, which is then uploaded to Value Research to complete the import process.
- Various Asset Management Companies (AMCs)core50+ AMCs listed including HDFC, SBI, ICICI Prudential, Nippon India, Axis, Kotak, UTI, Mirae Asset, and others. Value Research provides fund ratings, screeners, and direct investment links to all AMC schemes.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Value Research competitors and assessment
Company assessmentDirect peers
- Tickertape: Indian stock analytics and screener platform owned by Zerodha, offering fundamental analysis, screeners, and model portfolios. Direct competitor in the equity-research and screener category.
- Kuvera: Direct mutual fund investment platform offering fund comparison, goal-based planning, and curated fund lists. Competes with Value Research for free-tool mindshare and premium advisory among Indian MF investors.
- Trendlyne: Stock screener and analytics platform for Indian markets with proprietary scoring systems and screeners. Closely comparable product offering to Value Research's stock screeners.
- ETMoney: Times Group-backed investment platform offering MF research, portfolio tracking, and advisory. Direct competitor for both free research tools and premium advisory in India.
- Screener.in: Popular Indian fundamental stock screener used by retail and professional investors. Overlaps directly with Value Research's Screener functionality, particularly for value-investor personas.
- Morningstar India: Global investment research firm with a direct India presence offering mutual fund ratings, stock analysis, and portfolio tools. Closest functional analogue to Value Research Online, competing for the same retail-investor mindshare in MF research.
Emerging players
- smallcase: Thematic investing and model-portfolio platform for Indian equities. Adjacent competitor in the curated-equity-recommendations space overlapping with Value Research Stock Advisor.
Broad incumbents
- Paytm Money: Paytm-owned investment platform offering mutual funds, stocks, and NPS with integrated research. Broader incumbent with overlapping research-adjacent features for Indian retail investors.
- Zerodha (Coin & Varsity): India's largest broker with Coin (MF platform) and Varsity (educational content). Bundles free education and research alongside execution, putting indirect pressure on Value Research's freemium user base.
- Groww: One of India's largest retail brokers offering mutual fund and stock investing with embedded research content. Competes broadly by bundling free research with execution, threatening Value Research's freemium funnel.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Value Research social profiles
Digital presenceValue Research financial estimates
Financial estimateRevenue estimate
Valuation estimate
Value Research leadership team
Management profileNumber of profiles
Profiles1 record
Value Research funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Value Research M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Value Research
What does Value Research do?
Value Research is an Indian investment research and advisory platform founded in 1992 that provides independent mutual fund ratings, stock analysis, portfolio tracking, premium investment advisory subscriptions, and financial planning tools for retail investors. The platform offers a freemium model with free portfolio aggregation across mutual funds, stocks, NPS, gold bonds, REITs, and fixed deposits, paired with paid advisory services (Fund Advisor at ₹4,900/yr and Stock Advisor at ₹9,990/yr), monthly print and digital magazines, and a proprietary star-based fund rating system covering 1,639+ mutual funds.
Is Value Research a public or private company?
Value Research is a private company. It is classified as family owned and is currently operating.
When was Value Research founded?
Value Research was founded in 1992. It employs 51 to 100 people.
Where is Value Research based?
Value Research is headquartered in Noida, India, in the Asia region.
How does Value Research make money?
Four revenue lines are on record. Premium Subscriptions are the primary driver. The others are magazine Subscriptions, data Licensing and newsletter Sponsorships.
Who are Value Research's main competitors?
Direct peers on record are Tickertape, Kuvera, Trendlyne, ETMoney, Screener.in and Morningstar India. smallcase is listed as an emerging player. Broad incumbents are Paytm Money, Zerodha (Coin & Varsity) and Groww.
Does Value Research have an API?
No public API is recorded for Value Research.
What industry is Value Research in?
Value Research's product category is Investment Research and Advisory. Its primary akta.pro industry code is FSAAAAAO, Investor Education, Research & Portfolio Analytics Services (Retail), with a secondary code of FSACAGAA, Equity Research. Its NAICS code is 523940 and its SIC code is 6282.