Growth-versus-value is one of the basic questions all investors face. The two strategies ebb and flow in popularity and in effectiveness. From looking at the past 12 months, your clients have their pick of double-digit returns either way, at least if they choose these top funds. We present the five best mutual funds in each category, first the top value funds, and then the top growth funds.

Funds must have at least $100 million in assets and five years of history to be considered for the list. Scroll through or click here to view this list as a slideshow.

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