(As of 30 Apr, 2019)
To generate capital appreciation by investing predominantly in Equity and Equity Related Instruments through contrarian investing.
(since 14 Aug, 2012)
(If redeemed within 365 days)
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.
HDFC Bank Ltd
Housing Development Finance Corp Ltd
ICICI Bank Ltd
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 5 stars by Morning Star Ratings.
Default for all .