Budget Samvad 202654 min ago
Top 3 contra MFs with highest annualised SIP returns in 5 years: SBI mutual fund has converted Rs 25,000 monthly SIP into Rs 36 lakh; know what others have done
- Written by ZeeBiz WebTeam
Published: Zee Business| Updated: Zee Business
Top contra SIP mutual funds in 5 years: This is an equity mutual fund category where the fund manager invests in stocks that are contrary to prevailing market sentiments and conditions. The fund manager invests in such stocks, which are undervalued, since they think that these stocks have future potential and will gain their value in time to time. This is a risky strategy but pays reward if the fund manager picks the right set of stocks. As of today, only three contra funds are running. However, all 3 funds have been performing well for 5 years. Here, we take you through the journey of all three funds in terms of annualised SIP (XIRR) and lump sum (CAGR) returns in 5 years, and get to know what Rs 25,000 monthly SIP and Rs 2 lakh lump sum investment in each fund has given in that period.
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1/12
SBI Contra Fund
1/12The fund has given 35.80 per cent annualised SIP return in 5 years, while in the same period, its annualised lump sum returns are 32.64 per cent. The fund has assets under management (AUM) of Rs 34,366 crore, while its net asset value (NAV) is Rs 411.6932.
2/12
SBI Contra Fund
2/12The fund has 91.37 per cent of its investments in equity, of which 48.32 per cent are in large cap stocks, 27.16 per cent in mid cap stocks, and 15.87 per cent in small cap stocks. In a large portfolio of 94 stocks, the fund has Nifty Bank, HDFC Bank, Kotak Mahindra Bank, and GAIL (India) as its main holdings.
3/12
SBI Contra Fund
3/12A Rs 25,000 monthly SIP in the fund in 5 years, or a total investment of Rs 15 lakh, has turned into Rs 35.88 lakh in 5 years.
4/12
SBI Contra Fund
4/12A Rs 2 lakh lump sum investment in the fund made 5 years ago has grown to Rs 8.21 lakh.
5/12
Kotak India EQ Contra Fund Direct-Growth
5/12The fund has given 29.50 per cent annualised SIP returns in 5 years. Its lump sum returns in the same period are 25.83 per cent. It has an asset base of Rs 3,500 crore, while its NAV price is Rs 169.45. Benchmarked against NIFTY 500 TRI, the fund has given 18.51 per cent annualised returns since its inception in January 2013.
6/12
Kotak India EQ Contra Fund Direct-Growth
6/12The fund has 98.75 per cent of its investments in equity, of which 64.44 per cent are in large cap stocks, 16.74 per cent in mid cap stocks, and 17.57 per cent in small cap stocks. In a portfolio of 68 stocks, the fund has HDFC Bank, ICICI Bank, Reliance Industries Limited, and Infosys as its main holdings.
7/12
Kotak India EQ Contra Fund Direct-Growth
7/12A Rs 25,000 monthly SIP in the fund has turned into Rs 30.98 lakh in 5 years.
8/12
Kotak India EQ Contra Fund Direct-Growth
8/12A Rs 2 lakh lump sum investment, meanwhile, has grown to Rs 6.31 lakh in the same time frame.
9/12
Invesco India Contra Fund Direct-Growth
9/12The fund has had a 27.67 per cent annualised SIP return in 5 years. During the same time, the fund's annualised lump return is 25.09 per cent. The fund has an asset base of Rs 16,188 crore, while its NAV rate is Rs 148.01. Benchmarked against BSE 500 TRI, the fund has given a 20.17 per cent annualised return since its launch in January 2013.
10/12
Invesco India Contra Fund Direct-Growth
10/12The fund has 98.25 per cent of its investments in equity, of which 66.18 per cent are in large-cap stocks and 20.49 per cent in mid-cap stocks. In a portfolio of 69 stocks, the fund has its main investments in ICICI Bank, HDFC Bank, Infosys, and Axis Bank stocks.
11/12
Invesco India Contra Fund Direct-Growth
11/12A Rs 25,000 monthly SIP in the fund has turned into Rs 29.67 lakh in 5 years.
12/12
Invesco India Contra Fund Direct-Growth
12/12A Rs 2 lakh lump sum investment, meanwhile, has grown to Rs 6.13 lakh in the same period.
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