Rating : ★ ★ ★ ★ ★
Invesco India Contra Fund Direct Plan Dividend Payout
 ÂContra Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Expense Ratio
1%
Asset Size
6476.52 Cr.
(As of 31 Mar, 2021)
Benchmark
S&P BSE 500 India INR
Riskometer
Investors understand that their principal will be at Very High Risk.
Objective
To generate capital appreciation by investing predominantly in Equity and Equity Related Instruments through contrarian investing.
 
Fund manager
Amit Ganatra
Exit load
1 %
(If redeemed within 365 days)Minimum sip
₹500
Minimum investment
₹1000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
ICICI Bank Ltd
8.35%
HDFC Bank Ltd
7.99%
Infosys Ltd
6.55%
Axis Bank Ltd
4.71%
Sector Allocation
About the Scheme Type
Contra Funds take a contrarian approach to investing wherein the fund manager bets against the prevailing market trends by purchasing the under-performing / depressed assets. The underlying assumption behind this approach is that in the long-term the asset will stabilise and reach its actual value once the short term risks vanish. Investors of Contra Funds need to be aware that it’s a long term commitment here and they might not able to see any returns if they have short-term goals.
Ratings
This fund is rated 5 stars by Morning Star Ratings.