Top 3 Contra Funds to invest in 2024
Below are the contra mutual funds in india:
1. SBI Contra Fund Direct (G)
SBI Contra Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 32.2%, a 3 Years return of 25.3% and a 5 Years return of 30.4%. The fund has an expense ratio of 0.6% and an AUM of ₹40486 crores as of 2024-11-29.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 89.92% to equities, 5.80% to debt and 3.54% to other assets.
2. Kotak India EQ Contra Fund Direct (G)
Kotak India EQ Contra Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 39.4%, a 3 Years return of 24.2% and a 5 Years return of 23.5%. The fund has an expense ratio of 0.6% and an AUM of ₹3935 crores as of 2024-11-29.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 98.38% to equities and 1.62% to other assets.
3. Invesco India Contra Fund Direct (G)
Invesco India Contra Fund Direct (G) is a Equity fund that has delivered a 1 Year return of 43.2%, a 3 Years return of 22.2% and a 5 Years return of 23.6%. The fund has an expense ratio of 0.5% and an AUM of ₹17718 crores as of 2024-11-29.The minimum SIP investment is ₹1000 and the minimum lump sum investment is ₹5000. The fund allocates 98.30% to equities and 1.70% to other assets.