October 18, 2022
mayank
SBI Contra Fund
NAV Growth: Rs 232.6258
NAV IDCW: Rs 49.0943
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 provide the investor with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities following a contrarian investment strategy.
Fund Manager:
1) Dinesh Balachandran
Education: Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA.
Experience: Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 365 days |
Basic Details
| Fund House | SBI Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 14.93% |
| Benchmark | S&P BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 6,154 Cr |
| (As on 30-Sep-2022) | |
| Expense Ratio | 1.06% |
| (As on 30-Sep-2022) | |
| Risk Grade | Average |
| Return Grade | High |
| Turnover | 43.00% |
SBI Contra Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Contra Dir | 8.27 | 0.53 | -1.32 | 9.85 | 5.3 | 7.9 | 30.93 | 15.06 | 14.8 | — |
| S&P BSE 100 TRI | 1.77 | 0.7 | -1.78 | 8.29 | -0.31 | -3.67 | 16.4 | 12.19 | 12.78 | — |
| Equity: Value Oriented | 2.27 | 0.59 | -1.51 | 9.18 | 0.63 | -1.99 | 20.18 | 11.07 | 13.11 | — |
| Rank within category | 3 | 16 | 8 | 7 | 2 | 1 | 1 | 1 | 4 | — |
| Number of funds in category | 22 | 24 | 24 | 22 | 22 | 21 | 16 | 14 | 14 | 1 |
SBI Contra Fund Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| SBI Contra Dir | 5 star | 7.90 | 30.93 | 15.06 | 1.06 | 6,154 | 14.93 | 1.00 (365) | 9yrs 9mo | 43.00 |
| ICICI Pru Value Discovery Dir | 4 star | 2.51 | 24.03 | 14.05 | 1.26 | 25,196 | 17.42 | 1.00 (365) | 9yrs 9mo | 77.00 |
| Invesco Ind Contra Dir | 4 star | -1.48 | 20.11 | 13.92 | 0.62 | 9,259 | 17.99 | 1.00 (365) | 9yrs 9mo | 60.00 |
| UTI Value Opp Dir | 4 star | -2.57 | 19.45 | 12.90 | 1.22 | 6,789 | 13.04 | 1.00 (365) | 9yrs 9mo | 24.00 |
| IDFC Sterling Value Dir | 4 star | 2.46 | 27.32 | 12.53 | 0.84 | 4,895 | 16.67 | 1.00 (365) | 9yrs 9mo | 26.00 |
Portfolio Analysis
| No. of Stocks | 71 |
| Top 10 Stocks | 24.74% |
| Top 5 Stocks | 15.19% |
| Top 3 Sectors | 46.25% |
| Portfolio P/B Ratio | 2.30 |
| Portfolio P/E Ratio | 16.44 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 41,274 | 1,50,179 |
| Giant (%) | 26.42 | 50.65 |
| Large (%) | 17.86 | 21.17 |
| Mid (%) | 36.56 | 23.47 |
| Small (%) | 19.09 | 9.78 |
| Tiny (%) | 0.07 | 0.37 |
Chanakya’s Mutual Fund Guidance For SBI Contra Fund
Do not invest in this, or any other value-oriented fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.sbimf.com/en-us/quick-invest?action=panverification&SubBrokerCode=&EUIN=E455804&arn_code=ARN-245610&subbrokerARN=&utm_source=EasyLink
Stock Research Reports:
https://www.analysislibrary.com/
NFO Guidance:
https://sahifund.com/category/nfos/
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