3 Top Rated Contra Fund With More Than 20% Return In 3 Years

A contra fund is distinguishable from other funds by its investment strategy. A contra fund takes a contrarian position on an asset when it either experiences enthusiastic demand from investors or is rejected by them at a certain period in time owing to short-term events. In the article, we have heightened 3 top-rated contra fund that has delivered more than 20% returns in a 1-year investment period.

Should You Invest in the Contra fund?

A Contra Fund does not follow the market's momentum or place bets on the current favourite. Contra Fund, on the other hand, bets on the reverse - the underdog. As a result, if you have a decent risk tolerance, a 5-year investment horizon, and a lot of patience, you should consider investing in a Contra Mutual Fund. Contra fund managers invest in stocks that are presently failing due to short-term difficulties but have strong long-term growth potential. Contra might be a useful investment strategy for those with extended time horizons.
Kotak India EQ Contra Fund - Direct Plan-Growth, SBI Contra Fund - Direct Plan-Growth, and Invesco India Contra Fund - Direct Plan-Growth plans are three top-rated contra funds by Groww, an investing platform.

Lump Sum Investment Returns

Annualised Returns on Rs 10,000 Investment

Contra Mutual Fund	1-Year	2-year	3-Year	5-Year	Since Inception
Kotak India EQ Contra Fund - Direct Plan - Growth	17.07%	22.70%	20.77%	17.90%	16.24%
SBI Contra Fund - Direct Plan - Growth	30.50%	38.41%	26.77%	16.95%	14.86%
Invesco India Contra Fund - Direct Plan - Growth	17.15%	23.25%	21.73%	17.81%	18.97%

 

SIP Returns

Absolute Returns on the SIP of Rs 1,000

Contra Mutual Fund	1-Year	2-Year	3-Year	5-Year
Kotak India EQ Contra Fund - Direct Plan - Growth	7.37%	37.07%	46.07%	62.69%
SBI Contra Fund - Direct Plan - Growth	11.78%	57.08%	69.95%	76.98%
Invesco India Contra Fund - Direct Plan - Growth	6.96%	35.17%	45.87%	60.90%

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, Terms and Conditions carefully before investing. The above-mentioned information is purely informational and carried forward from MoneyControl and Groww. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.