SBI Contra Fund – Direct Growth
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Invested Amount--
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Wealth Gained--
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Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 23.5% | 37.7% | 19.7% | 15.9% | ||||
| Category Average | 9.7% | 22.9% | 12.7% | - |
Scheme Allocation
Advance Ratio
Exit Load
| Exit Load | For exit within 1 year from th date of allotment - 1%. For exit after 1 years from the date of allotment - NIL. |
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Fund Objective
By actively managing investments using a contrarian investing strategy, SBI Contra Fund seeks to offer investors chances for long-term capital appreciation. A minimum of 65% of the fund’s assets are allocated to equities of businesses with a contrarian investment strategy.
Ever since its launch on May 9, 2005, its benchmark has achieved a Nifty 500 value in the 50 total return index. Mr. Harish Krishnan is the manager of this fund.
Pros and Cons
| Pros | Cons |
|---|---|
| Has been known to generate consistent returns throughout the years. | Highly volatile within its specific investment category, denoting greater danger of losing money. |
| It has a track of always overcoming its benchmark of the NIFTY 500 Total Index. | |
| There are lower ‘downside risk’ probabilities in SBI contra fund as assets, more or less, retain their prices even when there is no growth. |
How to Invest in SBI Contra Fund?
Before investing in an SBI contra fund, one should evaluate their own aims as regards the stock market and take due note of their degree of risk tolerance. It is also imperative that you check whether or not you have enough finances under you to stably go ahead and put that money into an investment. Based on individual investment objectives and risk management, investors can select either SIP or Lumpsum investment in SBI Contra Fund.
What is the expense ratio?
The term “Expense Ratio” can be explained as the yearly fees that the investor is required to pay to the SBI company for the firm’s fund managers team managing the shareholder’s interests in the SBI contra fund. A lesser expense ratio would imply better returns to the investor since costs are cut down.
Who should invest in SBI contra fund?
SBI Contra fund requires very patient investors. The reason is that these funds invest in stocks that are underperforming at the moment. Hence, investors need to wait patiently till the reasons for underperformance are neutralised, and the stocks start earning profits again.
The investor should be willing to bear the high magnitude of short-term risks when investing in SBI Contra Fund as compared to investing in other funds. This fund bets on the underdogs instead of chasing the momentum and big shots of the market
The investor also requires an investment horizon of more than five years to invest here. Urgency will not bear fruit in this case.
Benefits of investing in SBI Contra fund
- SBI Contra Fund has the flexibility to invest up to 35-37% in other equities and/or money or debt market instruments. Such flexibility proves to be extremely useful to the investor, reducing risks and volatility while ensuring a steady flow of revenue returns.
- The fund follows a combination of a top-down and bottom-up approach to picking stocks. As a result, no stone is left unturned. Investors are given a chance to avail profits from each and every potential stock.
- While the risks are high, this type of investment offers the investors an opportunity to earn superlative returns owing to the method it employs. It is, for this very reason, pretty lucrative for anybody aiming at heavy cash.
- SBI contra fund invests in stocks of companies from the best profit-generating sectors and holds on to them till their demand increases. In this way, investors can take advantage of future trends in the stock market.
- In SBI contra fund, the performance of only the selected stocks and the alleviation of the factors which undermine them is more important. Hence, investors gain profits even when the collective markets are making bad or booking losses, despite the markets being at an all-time apex.
Fund Managers
Dinesh Balachandran
Mr Dinesh Balachandran joined SBI MF as a Senior Credit Analyst in 2012 and currently holds the position of Head of Research. He currently manages an AUM of INR 38,525 crores. At SBI MF, Mr Balachandran manages SBI Balanced Advantage Fund, SBI Contra Fund, SBI Long Term Equity Fund, and SBI Multi-Asset Allocation Fund. Before joining SBI MF, he worked with Fidelity in the US.
Risk-O-Meter
Peer Comparison
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
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- Equity .
- Contra .
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- 11,024
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12.5%Fund Size - 11,024
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22.5%Fund Size - 11,024
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13.6%Fund Size - 11,024
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- Equity .
- Contra .
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- 1,779
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16.7%Fund Size - 1,779
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25.2%Fund Size - 1,779
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14.7%Fund Size - 1,779
AMC Contact Details
More Funds from SBI Mutual Fund
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- ELSS .
-
- 186
-
13.7%Fund Size - 186
-
34.2%Fund Size - 186
-
22.5%Fund Size - 186
-
- Debt .
- Fixed Maturity Plans .
-
- 242
-
11.2%Fund Size - 242
-
14.5%Fund Size - 242
-
14%Fund Size - 242
-
- Debt .
- Fixed Maturity Plans .
-
- 142
-
11.2%Fund Size - 142
-
14.5%Fund Size - 142
-
14%Fund Size - 142
-
- Debt .
- Fixed Maturity Plans .
-
- 159
-
11.2%Fund Size - 159
-
14.5%Fund Size - 159
-
14%Fund Size - 159
-
- Debt .
- Fixed Maturity Plans .
-
- 424
-
11.2%Fund Size - 424
-
14.5%Fund Size - 424
-
14%Fund Size - 424
Mutual Funds By Category
Equity
Debt
Hybrid
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Large Cap .
-
- 654
-
18.9%Fund Size - 654
-
23.4%Fund Size - 654
-
14.9%Fund Size - 654
-
- Equity .
- Large Cap .
-
- 10,202
-
10%Fund Size - 10,202
-
19.8%Fund Size - 10,202
-
14.4%Fund Size - 10,202
-
- Equity .
- Large Cap .
-
- 15,583
-
18.8%Fund Size - 15,583
-
28.1%Fund Size - 15,583
-
14.4%Fund Size - 15,583
-
- Equity .
- Large Cap .
-
- 1,517
-
11.1%Fund Size - 1,517
-
20.1%Fund Size - 1,517
-
13.9%Fund Size - 1,517
-
- Equity .
- Large Cap .
-
- 757
-
19.7%Fund Size - 757
-
23%Fund Size - 757
-
13.7%Fund Size - 757
Frequently Asked Questions
How to invest in SBI Contra Fund – Direct Growth ?
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for SBI Contra Fund – Direct Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of SBI Contra Fund – Direct Growth ?
How to redeem SBI Contra Fund – Direct Growth holding ?
What is the minimum sip amount of SBI Contra Fund – Direct Growth?
What are the top sectors SBI Contra Fund – Direct Growth has invested in?
- Banks - 15.69%
- Debt - 12.16%
- Pharmaceuticals & Biotech - 6.42%
- Power - 5.39%
- Industrial Products - 4.94%
Can I make investments in both the SIP and Lump Sum schemes of SBI Contra Fund – Direct Growth?
How much returns have SBI Contra Fund – Direct Growth generated ?
What is the expense ratio of SBI Contra Fund – Direct Growth ?
What is the AUM of SBI Contra Fund – Direct Growth?
What are the top stock holdings of SBI Contra Fund – Direct Growth?
- HDFC Bank - 3.48%
- GAIL (India) - 3.29%
- HDFC AMC - 2.59%
- ICICI Bank - 2.33%
- Tech Mahindra - 2.31%
How can I redeem my investments in SBI Contra Fund – Direct Growth?
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select SBI Contra Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.