Invesco India Contra Fund(G)
View the direct plan of this scheme
Rs 130.77 1.2(0.926 %) NAV as on 19 Nov 2024Scheme Objective: To generate capital appreciation by investing predominantly in Equity and Equity Related Instruments through contrarian investing.
Performance (As on 19 Nov 2024)
6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|
Scheme | 12.57 % | 39.71 % | 18.25 % | 21.91 % | 15.71 % |
NIFTY 500 | 4.07 % | 24.82 % | 12.85 % | 17.77 % | N/A |
Portfolio
Contra funds invest in stocks that are out of current market preference. Criteria these funds have to choose contrarian stocks include low valuations, out-of-favour sectors, or companies in turnaround phases. These funds can take a few years to deliver, as markets need to see potential in the low-value stocks and re-rate them higher. The Nifty 500 or the BSE 500 can be used as benchmarks to measure performance.
Contra funds suit investors with high risk appetites. The minimum period for which these funds need to be held is 7 years.