What is SBI Contra Fund?

SBI Contra Fund aims to provide investors with opportunities for long-term capital appreciation through an active management of investments following a contrarian investment strategy. The fund invests minimum of 65% in stocks of companies which follow the contrarian investment theme.

Is SBI Contra Fund good?

This fund has continuously performed better than similar funds. You can consider investing in this fund. Contra Fund : Fund has 93.02% investment in indian stocks of which 37.45% is in large cap stocks, 12.4% is in mid cap stocks, 34.58% in small cap stocks.

Are Contra funds good?

Investment horizon: You have to be willing to stay invested for at least five years to realise excellent returns. Risk profile: Since contra funds invest heavily in undervalued stocks, they essentially come with some risk attached. These funds are suitable for aggressive investors.

What does Contra fund mean?

Definition: A contra fund is defined by its against-the-wind kind of investing style. A contra fund takes a contrarian view of an asset, when it either witnesses exuberant demand from investors or is shunned by them at a particular point in time due to short-term triggers.

What is the investment strategy of SBI Contra fund?

SBI Contra Fund aims to provide investors with opportunities for long-term capital appreciation through an active management of investments following a contrarian investment strategy. The fund invests minimum of 65% in stocks of companies which follow the contrarian investment theme.

What is expense ratio of SBI Contra direct plan?

SBI Contra Direct Plan-Growth has ₹2,248 Crores worth of assets under management (AUM) as on 31/03/2021 and is medium-sized fund of its category. The fund has an expense ratio of 1.62%, which is higher than what most other Value Oriented funds charge. SBI Contra Direct Plan-Growth returns of last 1-year are 102.38%.

Which is the best Contra fund in India?

Contra Fund : Fund has 82.95% investment in indian stocks of which 47.49% is in large cap stocks, 7.14% is in mid cap stocks, 21.12% in small cap stocks. Suitable For : Investors who have advanced knowledge of macro trends and prefer to take selective bets for higher returns compared to other Equity funds.