Rating: ★ ★ ☆ ☆ ☆

SBI Contra Fund Direct Dividend Reinvestment



Contra Fund


18.286 + 0.2136

as on (29 May, 2020)


-6.75 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

1.72 %


S&P BSE 500 India TR INR

Asset Size

1093.72 Cr.

(As of 30 Apr, 2019)


Moderately High


To provide the investor with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities following a contrarian investment strategy

app screenshot
Google play store download image   Apple app store download image

Fund manager

Dinesh Balachandran

(since 07 May, 2018)

Exit load

1 %

(If redeemed within 365 days)

Minimum sip

₹ 500

minimum investment

₹ 5000

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.



ICICI Bank Ltd

7.14 %

State Bank of India

5.77 %

Cognizant Technology Solutions Corp A

5.61 %

Elgi Equipments Ltd

5.5 %

Sector Allocation

About the Scheme Type

Contra Fund

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.


This fund is rated 2 stars by Morning Star Ratings.

★ ★ ☆ ☆ ☆

Overview of SBI Funds Management Private Limited

With 30​ years of rich experience in fund management, we at SBI Mutual Fund, bring forward our expertise by consistently delivering value to our investors. SBI Mutual Fund has a strong and proud lineage tailing back to the State Bank of India (SBI) - India's largest bank. SBI Mutual Fund is a Joint Venture between SBI and AMUNDI (France), one of the world's leading fund management companies.

SBI Mutual Fund’s vision -

“To be the most trusted and respected Asset Manager”, and we deliver value and nurture the trust of our vast and varied family of investors, with our network of over 222 acceptance points across India. Investors are our priority. SBI Mutual Fund’s mission is to establish Mutual Funds as a viable investment option to the masses in the country. While on our way towards achieving it, we, at SBI Mutual Fund, have developed innovative, need-specific products and educated the investors about the added benefits of investing in capital markets via Mutual Funds. Today, SBI Mutual Fund has been actively managing investor's assets not only through our investment expertise in domestic mutual funds, but also offshore funds and portfolio management advisory services for institutional investors.