A valve assembly for an injection valve is disclosed, including a valve body with a cavity, a valve needle axially moveable in the cavity, the valve needle being fixedly connected to a retaining element which extends in radial direction and is arranged in an axial region of the valve needle facing away from the fluid outlet portion, and an armature being able to slide on the valve needle and acting on the needle by way of the retaining element. A conical spring is arranged between the retaining element and a top side of the armature facing the retaining element, biasing the armature away from the retaining element.