+91-22-48913909Invesco India Contra Fund Vs Kotak India EQ Contra Fund
Invesco India Contra Fund Vs Kotak India EQ Contra Fund both belong to the equity category of Mutual Funds. Both the funds follow a contrarian investment strategy. contra funds are a type of Equity Fund where the fund manager bets against the prevailing market trends by buying assets that are either depressed or under-performing at that point in time. A contrarian is an investment strategy where the fund manager keeps a strong watch on the market to identify those underperforming stocks which have great potential to grow in the future. To guide you in making a better investment decision, we have done a comparison between both Invesco India Contra Fund and Kotak India EQ Contra Fund. Take a look!
Invesco India Contra Fund
Invesco India Contra Fund was launched in the year April 11, 2007. The fund aims to seek long-term capital appreciation by Investing in equity and related instruments through contrarian investing. The fund invests its corpus in sound companies which are available at attractive valuations/undervalued or in turnaround phase.
As on Jun 30, 2018 some of the top holdings of the scheme are HDFC Bank Ltd, Reliance Industries Ltd, Infosys Ltd, ICICI Bank Ltd, ITC Ltd, etc.
Kotak India EQ Contra Fund (Erstwhile Kotak Classic Equity Fund)
Kotak India EQ Contra Fund (earlier known as Kotak Classic Equity Fund) is also an open-ended large-cap scheme offered by Kotak Mutual Fund. This scheme was incepted on July 27, 2005, and it uses Nifty 100 as its benchmark index to build its Portfolio of assets. The investment objective of Kotak India EQ Contra Fund is to generate capital appreciation in the long-run from a varied portfolio consisting of equity and equity-related instruments.
As on March 31, 2018, some of the top holdings of Kotak India EQ Contra Fund consisted of Maruti Suzuki India Limited, Hindustan Unilever Limited, Reliance Industries Limited, Tata Consultancy Services Limited, and Tech Mahindra Limited.
This scheme is also suitable for individuals seeking capital appreciation in the long-term tenure.
Invesco India Contra Fund vs Kotak India EQ Contra Fund
Though these schemes belong to the same category, yet these schemes differ on various parameters. So, let us understand the parameters which are divided into four sections, namely, Basics Section, Performance Report, Yearly Performance Report, and Other Details Section.
Basics Section
This section compares the various elements such as Current NAV, AUM, Scheme Category, Fincash Rating, etc. To begin with the scheme category, it can be said that both the schemes Invesco India Contra Fund and Kotak India EQ Contra Fund belong to the same category of equity fund.
As per Fincash Rating, it can be said that Invesco India Contra Fund is rated as 4-Star and Kotak India EQ Contra Fund is rated 3-Star.
The table given below summarizes the details of basics section.
Parameters Basics NAV Net Assets (Cr) Launch Date Rating Category Sub Cat. Category Rank Risk Expense Ratio Sharpe Ratio Information Ratio Alpha Ratio Benchmark Exit Load Invesco India Contra Fund
Growth
Fund Details ₹135.84 ↓ -0.44 (-0.32 %) ₹20,100 on 31 Jul 26 11 Apr 07 ☆☆☆☆ Equity Contra 11 Moderately High 1.65 -0.26 0.82 -3.51 Not Available 0-1 Years (1%),1 Years and above(NIL) Kotak India EQ Contra Fund
Growth
Fund Details ₹152.705 ↓ -0.99 (-0.65 %) ₹5,450 on 31 Jul 26 27 Jul 05 ☆☆☆ Equity Contra 30 Moderately High 1.89 -0.04 1 0.04 Not Available 0-1 Years (1%),1 Years and above(NIL)
### Performance Section
The performance section compares the Compounded Annual Growth Rate or CAGR returns between both the schemes at different time periods. With respect to performance, it can be said there is not much difference in the performance of both the schemes. However, in many instances, Invesco India Contra Fund has leads the race. The performance of both the schemes at different time periods is shown below as follows.
Parameters Performance 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since launch Invesco India Contra Fund
Growth
Fund Details -1.3% 6.8% 6.1% 1.1% 13.9% 12.5% 14.4% Kotak India EQ Contra Fund
Growth
Fund Details -2.5% 3.8% 1.9% 2.5% 14.1% 13.2% 13.8%
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Yearly Performance Section
This section deals with the absolute returns generated by both the funds in each year. In this case, we can see that there is a difference in the performance of both the schemes. In some situations, Invesco India Contra Fund has performed better, while in so,e case Kotak India EQ Contra Fund delivered good returns. The yearly performance of both the funds is tabulated as follows.
Parameters Yearly Performance 2024 2023 2022 2021 2020 Invesco India Contra Fund
Growth
Fund Details 3.1% 30.1% 28.8% 3.8% 29.6% Kotak India EQ Contra Fund
Growth
Fund Details 7.4% 22.1% 35% 7.4% 30.2%
Other Details Section
In this section, the parameters such as Minimum SIP and Lumpsum Investment are compared. To begin with the minimum SIP investment, both the schemes have different SIP amount. The minimum SIP for Kotak's fund is INR 1,000 and for Invesco's scheme is it INR 500. In case of minimum lumpsum investment, the amount for both the schemes are same i.e, INR 5,000.
Invesco India Contra Fund is jointly managed by Taher Badshah and Amit Ganatra.
Mr. Deepak Gupta is the sole fund manager of Kotak India EQ Contra Fund.
The table given below summarizes the other details for both the schemes.
Parameters Other Details Min SIP Investment Min Investment Fund Manager Invesco India Contra Fund
Growth
Fund Details ₹500 ₹5,000 Taher Badshah - 9.55 Yr. Kotak India EQ Contra Fund
Growth
Fund Details ₹1,000 ₹5,000 Shibani Kurian - 7.32 Yr.
Growth of 10k Investments over the years
Invesco India Contra Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Aug 21 ₹10,000 31 Aug 22 ₹10,569 31 Aug 23 ₹12,012 31 Aug 24 ₹18,307 31 Aug 25 ₹17,688 31 Aug 26 ₹18,495 Kotak India EQ Contra Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Aug 21 ₹10,000 31 Aug 22 ₹10,507 31 Aug 23 ₹12,314 31 Aug 24 ₹19,095 31 Aug 25 ₹18,128 31 Aug 26 ₹19,149
Detailed Portfolio Comparison
Invesco India Contra Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 0.5% Equity 99.48% Equity Sector Allocation
Sector Value Financial Services 29.88% Consumer Cyclical 15.26% Industrials 14.18% Health Care 12.4% Technology 9.52% Basic Materials 4.87% Energy 4.45% Real Estate 2.79% Communication Services 2.58% Consumer Defensive 1.66% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 17 | ICICIBANK6% ₹1,293 Cr 9,009,584
↓ -157,058 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 20 | LT5% ₹976 Cr 2,477,814
↓ -57,449 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Oct 21 | M&M4% ₹715 Cr 2,103,846
↓ -118,598 State Bank of India (Financial Services)
Equity, Since 31 May 26 | SBIN3% ₹585 Cr 5,693,852
↑ 599,481 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Dec 21 | CHOLAFIN3% ₹539 Cr 2,912,482 Infosys Ltd (Technology)
Equity, Since 30 Sep 13 | INFY3% ₹526 Cr 4,653,551
↓ -1,412,814 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 26 | BHARTIARTL3% ₹518 Cr 2,628,845 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | 5322153% ₹505 Cr 4,105,355
↓ -1,681,191 Coforge Ltd (Technology)
Equity, Since 31 Mar 22 | COFORGE2% ₹475 Cr 2,758,558 The Federal Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | FEDERALBNK2% ₹463 Cr 12,908,524
↓ -610,721 Kotak India EQ Contra Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 1.37% Equity 98.63% Equity Sector Allocation
Sector Value Financial Services 32.96% Health Care 12.55% Industrials 12.19% Consumer Cyclical 10.77% Technology 8.04% Basic Materials 7.53% Communication Services 4.3% Consumer Defensive 3.97% Energy 2.84% Utility 2.52% Real Estate 0.97% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | ICICIBANK6% ₹335 Cr 2,333,051
↑ 185,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 10 | HDFCBANK4% ₹228 Cr 3,046,864
↓ -500,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 16 | SBIN3% ₹180 Cr 1,752,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 08 | RELIANCE3% ₹155 Cr 1,181,648 Shriram Finance Ltd (Financial Services)
Equity, Since 30 Jun 23 | SHRIRAMFIN3% ₹150 Cr 1,437,305 Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 31 Oct 22 | HEROMOTOCO3% ₹143 Cr 264,700 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL3% ₹141 Cr 717,149 NTPC Ltd (Utilities)
Equity, Since 30 Nov 20 | 5325553% ₹137 Cr 3,955,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 18 | LT2% ₹136 Cr 345,547 Fortis Healthcare Ltd (Healthcare)
Equity, Since 31 May 23 | 5328432% ₹126 Cr 1,335,600
Therefore, from the above pointers, it can be said that both the schemes exhibit different attributes with respect to different parameters. However, when it comes to investing, it is always advisable that people should go through the scheme’s modalities completely before doing the actual investment. Additionally, they should also check whether the scheme’s approach is in-line with your investment objective. To get further clarification, you can even consult a financial advisor. This will help you ensure that your investment is safe as well as it paves way for wealth creation.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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