What is contra fund in SBI?

What is contra fund in SBI?

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?

Whereas, Category returns for the same time duration are: 24.64% (1yr), 17.11% (3yr) and 12.71% (5yr). 3. The SBI Contra Fund currently holds Assets under Management worth of Rs 4209.23 crore as on Feb 28, 2022….Basic Details.

What are contra funds?

Definition: A contra fund is defined by its against-the-wind kind of investing style. The manager of a contra fund bets against the prevailing market trends by buying assets that are either under-performing or depressed at that point in time.

What is the NAV of SBI Contra Fund?

The NAV of SBI Contra Fund Growth is ₹208.26 as of 13 Apr 2022.

Is it good to invest in contra funds?

A Contra Fund does not chase the momentum of the market or bet on the current favorite. On the contrary, it bets on the opposite – the underdog. Hence, you should consider investing in a Contra Mutual Fund if you have a reasonable risk tolerance, an investment horizon of 5+ years, and tons of patience.

What is contra fund vs Value fund?

Contra funds and value funds follow an unorthodox approach to buying stocks. Contra funds invest in underperforming stocks while value funds invest in undervalued stocks. But both contra funds and value funds are high-risk, long term investments that require thorough analysis, research and patience.

Is it safe to invest in contra funds?

Risk profile: Since contra funds invest heavily in undervalued stocks, they essentially come with some risk attached. These funds are suitable for aggressive investors.

Are Contra funds good?

Contra funds are known to be highly risky because the investment is based on the future expectation of the stocks performing, which may take many years. Value funds too fall in the category of high-risk investments. Both types of funds require a lot of patience and articulation and are meant for long-term investors.

Is Contra Fund good?

It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.5% since its launch. Ranked 11 in Contra category. Return for 2021 was 29.6% , 2020 was 21.2% and 2019 was 5.9% ….Returns for Invesco India Contra Fund.

Is Contra Fund a good investment?