Contra mutual funds
At least 65% in equities, following a contrarian investment strategy. This page lists every Contra scheme (Direct plan, growth option) with its returns, rolling-return consistency and risk, calculated from AMFI NAVs as of 23 Oct 2026.
Category AUM and net inflow cover all plans and options of the 5 Contra Fund schemes in AMFI's monthly report for September 2026 (source); net inflow is money invested minus money redeemed during the month.
Contra schemes invest mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
- P/E 20.8: higher than 2% of days since 2015 (median 25.6)
- 1Y −9.0% · 3Y +9.0% p.a. · 5Y +7.6% p.a. (index fund NAV, after costs)
- −11.1% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
| Scheme | NAV (₹) | AUM (₹ cr) | TER | 1Y | 3Y CAGR | 5Y CAGR | 3Y rolling median | 3Y rolling worst | 3Y beat-rate | Std dev | Max DD 5Y | History |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bandhan Contra Fund Bandhan Mutual Fund | 9.34 | n/a | 2.35% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.1 y |
| ICICI Prudential Contra Fund ICICI Prudential Mutual Fund | 9.77 | n/a | 0.98% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.0 y |
| Invesco India Contra Fund Invesco Mutual Fund | 148.45 | 19,024 | 0.76% | -8.8% | 13.1% | 10.9% | 19.3% | -2.8% | 98% | 16.6% | −18.6% | 13.8 y |
| Kotak Contra Fund Kotak Mahindra Mutual Fund | 167.44 | 5,159 | 0.80% | -8.7% | 12.9% | 11.9% | 17.4% | -2.9% | 100% | 16.3% | −18.9% | 13.8 y |
| SBI CONTRA FUND SBI Mutual Fund | 387.11 | 44,533 | 0.87% | -9.7% | 9.7% | 13.0% | 18.0% | -10.2% | 100% | 14.4% | −15.8% | 13.8 y |
Returns are from NAVs (after expenses, before tax); 3Y and 5Y are annualised. Rolling figures use every business-day start date in the scheme's history; beat-rate is the share of 3-year windows ahead of Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return). Std dev is annualised over 36 months. AUM is the whole scheme (all plans) and TER is for the plan shown, both as disclosed to AMFI. "n/a" means the scheme's history is too short or the data is still loading. Listed alphabetically; no order of preference is implied. Full definitions: MFIC methodology.
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