PunjiPUNJI

CATEGORY

Best Contra mutual funds

6 funds in this category, ranked by 3-year rolling CAGR.

#Fund3Y CAGRAMCAUM
#1Invesco India Contra Fund19.4%Invesco Asset Management (India) Private Limited₹19,024.31 Cr
#2SBI Contra Fund18.0%SBI Funds Management Limited₹44,532.535 Cr
#3Kotak Contra Fund17.5%Kotak Mahindra Asset Management Company Limited.₹5,158.916 Cr

Not yet ranked

3 funds too recently launched for a full 3-year CAGR - listed for reference, not ranked.

Punji tracks 6 Contra Fund funds from 0 AMCs, together managing roughly ₹69,121.931 Cr in assets. Across the 3 funds with a full 3-year track record, the average 3-year rolling CAGR is 18.3%. Invesco India Contra Fund leads the category at 19.4% 3Y CAGR.

Figures here are computed directly from each fund's own NAV history and AUM - not survivor-biased averages from a fact sheet - so a fund that merged, closed, or changed category drops out of the comparison rather than skewing it. Click any fund in the table for its full return history, expense ratio, holdings, and risk profile, or jump to a specific AMC's Contra Fund funds below.

Contra Fund is one of the standardized scheme categories SEBI mandated in its 2017 product categorization circular, so every AMC's Contra Fund fund follows the same investment-mandate rules - the same broad universe of permitted holdings, the same category-level restrictions - which is what makes a ranking across 0 different AMCs a genuine like-for-like comparison rather than an apples-to-oranges one. A fund's position here moves as new NAV data comes in or as AMCs launch or close schemes in the category, so treat it as a point-in-time snapshot, not a fixed league table.

Category alone doesn't tell you a fund's risk level or whether it's the right fit for your own time horizon - two Contra Fund funds can take meaningfully different approaches within the same mandate (concentration, turnover, credit quality for debt categories) and end up with very different risk profiles despite sharing a label. Use the Riskometer rating and risk metrics (Sharpe Ratio, Max Drawdown, Standard Deviation) shown on each fund's own page alongside this category-level ranking, not instead of it.