The Invesco India Contra Fund is an actively managed, open-ended equity mutual fund that seeks to provide its investors with long-term capital appreciation through investments in a well-diversified portfolio of equity and equity related instruments. The main differentiating factor about this fund is that it is a “contra fund”, this means that the fund manager makes investments contrary to the prevailing market trends. The fund was launch in April 2007 and has been a top performer in its category.
|Benchmark Type||S&P BSE 500|
|Min subscription||₹ 1,000|
|Scheme AUM (in Crs.)||₹ 3,992|
|AMC AUM (in Crs.)||₹ 23,990|
|Min Addition Subscription||₹ 1,000|
|Fund||Min SIP Inv.||Min Inv.||Returns 3Y|
The Invesco India Contra Fund is a highly-diversified equity mutual fund that invests across market sectors and market capitalizations. Presently the fund invests primarily in equity stocks of large-cap companies with approximately 65% of its corpus being allocated to this segment. The fund invests between 25% - 30% in equity stocks of mid-cap and small-cap companies. The fund invests very nominally in debt and other money market instruments to provide the fund with good liquidity and a level of stability during turbulent times in the markets.
|HDFC Bank Ltd||Equity||8|
|ICICI Bank Ltd||Equity||7|
|Larsen & Toubro Ltd||Equity||5|
|Triparty Repo||Cash - Repurchase Agreement||4|
|Reliance Industries Ltd||Equity||4|
|Sun Pharmaceuticals Industries Ltd||Equity||3|
|Exide Industries Ltd||Equity||3|
|Cash - Repurchase Agreement||4|
|Banks - Regional - Asia||22|
|Information Technology Services||13|
|Engineering & Construction||6|
|Oil & Gas Refining & Marketing||5|
To generate capital appreciation by investing predominantly in Equity and Equity Related Instruments through contrarian investing.
This product is suitable for investors who are seeking
• capital appreciation over long-term z
• investment in equity and equity-related instruments through means of contrarian investing
A veteran in the industry, the fund follows a contra strategy and looks out for companies which have a high intrinsic value in them and captures on the mispricing if any. Beacuse of this, the fund at times is not able to beat its peers in the short run but emerges as a star performer in the long run while sticking to its name and containing losses during bear phases. A steady fund management, a well diversifies portfolio with exposures to different sectors and categories, consistency in performance and a scalable AUM makes it a convincing to invest in the fund.
022 - 67310000
2101-A, A Wing, 21st Floor,,Marathon Futurex, N .M. Joshi Marg, Lower Parel,Mumbai, Mumbai - 400 013