+91-22-48913909SBI Contra Fund Vs Invesco India Contra Fund
SBI Contra Fund and Invesco India 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 SBI Contra Fund and Invesco India Contra Fund. Take a look!
SBI Contra Fund
SBI Contra Fund was launched in the year July 14, 1999, with an aim to provide a long-term Capital appreciation to the investors through contrarian Investing. Being an equity-oriented fund, SBI Contra Fund is suitable for investors with a high-risk appetite. As an investment strategy, SBI Contra Fund follows a combination of top-down and bottom-up approach to stock-picking. Some of the top holdings of the fund as on 31/05/2018 are Kotak Mahindra Bank Ltd, Bharti Airtel Ltd, Eigi Equipments Ltd, ICICI Bank Ltd, etc. SBI Contra Fund is currently managed by Dinesh Balachandran. The fund follows S&P BSE 500 Index as its benchmark.
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. Invesco India Contra Fund is jointly managed by Taher Badshah and Amit Ganatra.
SBI Contra Fund Vs Invesco India 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, Scheme Category, and Fincash Rating. To begin with the scheme category, it can be said that both the schemes SBI Contra Fund and Invesco India Contra Fund belong to the same category of equity fund. With respect to the next parameter, that is, Fincash Rating, it can be said that SBI Contra Fund is rated as 3-Star, whereas Invesco India Contra Fund is rated as 4-Star. In case of Net Asset Value, SBI Contra Fund's NAV as on 19th July 2018 is INR 106.675 and the NAV of Invesco India Contra Fund is INR 46.39. 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 SBI Contra Fund
Growth
Fund Details ₹380.453 ↓ -1.78 (-0.47 %) ₹46,654 on 31 Aug 25 6 May 05 ☆☆☆ Equity Contra 48 Moderately High 1.53 -0.98 1.37 -4.8 Not Available 0-1 Years (1%),1 Years and above(NIL) Invesco India Contra Fund
Growth
Fund Details ₹136.11 ↑ 1.07 (0.79 %) ₹18,981 on 31 Aug 25 11 Apr 07 ☆☆☆☆ Equity Contra 11 Moderately High 1.65 -0.54 1.16 1.3 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, SBI Contra Fund 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 SBI Contra Fund
Growth
Fund Details 0.4% -2.6% 9.9% -3% 20.1% 28.7% 14.9% Invesco India Contra Fund
Growth
Fund Details 0.1% -1.5% 13.1% -2% 19.8% 21.8% 15.1%
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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 many situations, Invesco India Contra Fund has performed better than SBI Contra Fund. The yearly performance of both the funds is tabulated as follows.
Parameters Yearly Performance 2024 2023 2022 2021 2020 SBI Contra Fund
Growth
Fund Details 18.8% 38.2% 12.8% 49.9% 30.6% Invesco India Contra Fund
Growth
Fund Details 30.1% 28.8% 3.8% 29.6% 21.2%
Other Details Section
This is the last section in the comparison of both the funds. In this section, the parameters such as AUM, Minimum SIP and Lumpsum Investment, and Exit Load are compared. To begin with the minimum SIP investment, both the schemes have the same monthly SIP amounts, i.e., INR 500. Similarly, in case of minimum lumpsum investment, the amount for both the schemes are same i.e, INR 5,000. Coming to the AUM, the AUM of SBI Contra Fund as on 30th June 2018 was INR 1,605 crores and the AUM of Invesco India Contra Fund was INR 1,868 crores. The table given below summarizes the other details for both the schemes.
Parameters Other Details Min SIP Investment Min Investment Fund Manager SBI Contra Fund
Growth
Fund Details ₹500 ₹5,000 Dinesh Balachandran - 7.33 Yr. Invesco India Contra Fund
Growth
Fund Details ₹500 ₹5,000 Amit Ganatra - 1.75 Yr.
Growth of 10k Investments over the years
SBI Contra Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 30 Sep 20 ₹10,000 30 Sep 21 ₹18,606 30 Sep 22 ₹20,709 30 Sep 23 ₹26,715 30 Sep 24 ₹38,518 30 Sep 25 ₹35,850 Invesco India Contra Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 30 Sep 20 ₹10,000 30 Sep 21 ₹15,684 30 Sep 22 ₹15,868 30 Sep 23 ₹18,823 30 Sep 24 ₹28,862 30 Sep 25 ₹27,105
Detailed Portfolio Comparison
SBI Contra Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 18.67% Equity 79.29% Debt 1.82% Other 0.22% Equity Sector Allocation
Sector Value Financial Services 21.61% Basic Materials 9.46% Energy 9% Health Care 7.61% Consumer Cyclical 7.13% Technology 6.74% Consumer Defensive 5.58% Utility 4.35% Industrials 3.75% Communication Services 2.72% Real Estate 1.34% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFCBANK8% ₹3,849 Cr 40,449,258 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 23 | RELIANCE6% ₹2,676 Cr 19,717,567 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 20 | ITC3% ₹1,271 Cr 31,014,741
↓ -7,752,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 24 | KOTAKBANK3% ₹1,256 Cr 6,405,768 Punjab National Bank (Financial Services)
Equity, Since 30 Sep 22 | PNB2% ₹1,013 Cr 100,456,586 Biocon Ltd (Healthcare)
Equity, Since 30 Jun 21 | BIOCON2% ₹1,004 Cr 28,807,465
↑ 120,012 GAIL (India) Ltd (Utilities)
Equity, Since 28 Feb 21 | GAIL2% ₹900 Cr 51,993,788 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Jul 22 | TATASTEEL2% ₹896 Cr 57,995,525 Dabur India Ltd (Consumer Defensive)
Equity, Since 31 Dec 23 | DABUR2% ₹894 Cr 17,162,713
↑ 116,050 Torrent Power Ltd (Utilities)
Equity, Since 31 Oct 21 | TORNTPOWER2% ₹796 Cr 6,482,410 Invesco India Contra Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 2.19% Equity 97.79% Equity Sector Allocation
Sector Value Financial Services 30.48% Consumer Cyclical 17.63% Health Care 13.47% Technology 10% Industrials 9.85% Basic Materials 4.41% Consumer Defensive 3.98% Communication Services 2% Real Estate 1.64% Energy 1.27% Utility 0.05% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 14 | HDFCBANK7% ₹1,417 Cr 14,891,768 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 17 | ICICIBANK7% ₹1,269 Cr 9,076,843 Infosys Ltd (Technology)
Equity, Since 30 Sep 13 | INFY5% ₹891 Cr 6,064,472 Eternal Ltd (Consumer Cyclical)
Equity, Since 30 Jun 23 | 5433204% ₹734 Cr 23,382,312 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Oct 21 | M&M4% ₹685 Cr 2,141,610 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 20 | LT3% ₹663 Cr 1,841,896
↑ 117,200 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | AXISBANK3% ₹544 Cr 5,201,150 Apollo Hospitals Enterprise Ltd (Healthcare)
Equity, Since 31 Mar 24 | APOLLOHOSP3% ₹542 Cr 711,861 Coforge Ltd (Technology)
Equity, Since 31 Mar 22 | COFORGE2% ₹407 Cr 2,357,575 Bharti Airtel Ltd (Partly Paid Rs.1.25) (Communication Services)
Equity, Since 31 Oct 21 | 8901572% ₹380 Cr 2,628,845
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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