July 26, 2022
mayank
Invesco India Contra Fund Guidance
NAV Growth : Rs 84.1400
NAV IDCW : Rs 39.2200
Suitable For Which Investors ?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes is their true worth.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to generate capital appreciation by investing predominantly in Equity and Equity Related Instruments through contrarian investing.
Fund Manager :
— Dhimant Kothari
Education : Mr. Kothari is a Chartered Accountant and holds a Commerce degree.
Experience : In his last assignment, he was working as Senior Manager – Research with Credit Analysis and Research Ltd., His other assignments include Lotus India Asset Management and CRISIL Ltd.
— Taher Badshah
Education : Mr. Taher Badshah is a B.E (Electronics) and MMS (Finance) from University of Mumbai.
Experience : Prior to joining Invesco Asset Management Pvt. Ltd. he has worked with Motilal Oswal Asset Management Company Ltd., Aditya Birla Sun Life Mutual Fund, Kotak Mahindra and ICICI Prudential AMC.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Basic Details
| Fund House: | Invesco Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 17.80% |
| Benchmark: | S&P BSE 500 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| % Assets: | Rs 8,211 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 0.58% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Below Average |
| Return Grade: | Above Average |
| Turnover: | 57.00% |
Invesco India Contra Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| Invesco India Contra Direct-G | -2.87 | -0.31 | 2.41 | 8.3 | 0.51 | -2.31 | 5.26 | 19.37 | 13.99 | 14.11 | — |
| S&P BSE 100 TRI | -2.58 | -0.46 | 2.22 | 6.76 | -1.63 | -2.14 | 6.57 | 15.93 | 11.92 | 11.6 | — |
| Equity: Value Oriented | -2.65 | -0.24 | 2.32 | 8.02 | -1.2 | -2.36 | 5.55 | 18.52 | 11.03 | 12.17 | — |
| Rank within category | 11 | 11 | 9 | 9 | 5 | 10 | 9 | 5 | 3 | 1 | — |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 19 | 17 | 14 | 13 | 1 |
Invesco India Contra Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Invesco India Contra Fund | 4 star | Jan-13 | 5.26 | 19.37 | 13.99 | 0.58 | 8,211 |
| ICICI Prudential Value Discovery Fund | 4 star | Jan-13 | 14.64 | 21.25 | 13.33 | 1.28 | 23,053 |
| UTI Value Opportunities Fund | 4 star | Jan-13 | 4.1 | 18.92 | 12.73 | 1.24 | 6,055 |
| SBI Contra Fund | 4 star | Jan-13 | 15.32 | 27.76 | 14.29 | 1.27 | 4,670 |
| IDFC Sterling Value Fund | 4 star | Jan-13 | 10.19 | 24.53 | 12.6 | 0.86 | 4,254 |
Portfolio Analysis
| Number of Stocks | 58 |
| Top 10 Stocks (%) | 45.24 |
| Top 5 Stocks (%) | 31.89 |
| Top 3 Sectors (%) | 48.1 |
| Portfolio P/B Ratio | 2.86 |
| Portfolio P/E Ratio | 20.67 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,40,843 | 1,15,033 |
| Giant (%) | 51.64 | 45.89 |
| Large (%) | 23 | 21.54 |
| Mid (%) | 18.76 | 23.27 |
| Small (%) | 6.6 | 9.65 |
| Tiny (%) | — | 0.52 |
Invesco India Contra Fund Guidance by Chanakya :
Do not invest in this, or any other value-oriented fund, if you need to redeem your investment in less than five years.
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