Fund Overview
Fund Size
₹39,433 Cr
Expense Ratio
0.59%
ISIN
INF200K01RA0
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
SBI Contra Fund Direct Growth is a Contra mutual fund schemes offered by SBI Mutual Fund. This fund has been in existence for 11 years, 8 months and 6 days, having been launched on 01-Jan-13.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹431.60, Assets Under Management (AUM) of 39432.50 Crores, and an expense ratio of 0.59%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹431.60, Assets Under Management (AUM) of 39432.50 Crores, and an expense ratio of 0.59%.
- SBI Contra Fund Direct Growth has given a CAGR return of 18.56% since inception.
- The fund's asset allocation comprises around 85.30% in equities, 0.78% in debts, and 13.92% in cash & cash equivalents.
- You can start investing in SBI Contra Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+44.71%
+52.20% (Cat Avg.)
3 Years
+29.76%
+23.58% (Cat Avg.)
5 Years
+33.99%
+26.20% (Cat Avg.)
10 Years
+18.38%
+16.78% (Cat Avg.)
Since Inception
+18.56%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹33,636.18 Cr | 85.30% |
| Debt | ₹306.07 Cr | 0.78% |
| Others | ₹5,490.25 Cr | 13.92% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹2,712.38 Cr | 6.88% |
| HDFC Bank Ltd | Equity | ₹2,082.65 Cr | 5.28% |
| GAIL (India) Ltd | Equity | ₹978.66 Cr | 2.48% |
| Tech Mahindra Ltd | Equity | ₹946.95 Cr | 2.40% |
| Kotak Mahindra Bank Ltd | Equity | ₹913.22 Cr | 2.32% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹911.8 Cr | 2.31% |
| Whirlpool of India Ltd | Equity | ₹882.13 Cr | 2.24% |
| Reliance Industries Ltd | Equity | ₹843.99 Cr | 2.14% |
| ITC Ltd | Equity | ₹841.52 Cr | 2.13% |
| State Bank of India | Equity | ₹836.34 Cr | 2.12% |
| Dabur India Ltd | Equity | ₹833.23 Cr | 2.11% |
| Oil & Natural Gas Corp Ltd | Equity | ₹790.22 Cr | 2.00% |
| Cognizant Technology Solutions Corp Class A | Equity | ₹704.07 Cr | 1.79% |
| Torrent Power Ltd | Equity | ₹669.73 Cr | 1.70% |
| ICICI Prudential Life Insurance Company Limited | Equity | ₹664.65 Cr | 1.69% |
| ICICI Bank Ltd | Equity | ₹649.21 Cr | 1.65% |
| Petronet LNG Ltd | Equity | ₹641.83 Cr | 1.63% |
| Cipla Ltd | Equity | ₹634.98 Cr | 1.61% |
| Tata Motors Ltd | Equity | ₹621.73 Cr | 1.58% |
| HCL Technologies Ltd | Equity | ₹618.21 Cr | 1.57% |
| Tata Steel Ltd | Equity | ₹616.32 Cr | 1.56% |
| Biocon Ltd | Equity | ₹602.24 Cr | 1.53% |
| 91 DTB 31102024 | Bond - Gov't/Treasury | ₹593.54 Cr | 1.51% |
| Infosys Ltd | Equity | ₹585.27 Cr | 1.48% |
| Axis Bank Ltd | Equity | ₹576.37 Cr | 1.46% |
| Mahindra & Mahindra Ltd | Equity | ₹515.25 Cr | 1.31% |
| Alkem Laboratories Ltd | Equity | ₹505.82 Cr | 1.28% |
| 91 DTB 26092024 | Bond - Gov't/Treasury | ₹497.07 Cr | 1.26% |
| India (Republic of) | Bond - Short-term Government Bills | ₹469.66 Cr | 1.19% |
| FSN E-Commerce Ventures Ltd | Equity | ₹460.86 Cr | 1.17% |
| Voltas Ltd | Equity | ₹453.97 Cr | 1.15% |
| CESC Ltd | Equity | ₹424.04 Cr | 1.08% |
| Wipro Ltd | Equity | ₹403.8 Cr | 1.02% |
| 364 DTB 14112024 | Bond - Gov't/Treasury | ₹394.71 Cr | 1.00% |
| Power Grid Corp Of India Ltd | Equity | ₹377.89 Cr | 0.96% |
| Cummins India Ltd | Equity | ₹362.1 Cr | 0.92% |
| United Spirits Ltd | Equity | ₹359.31 Cr | 0.91% |
| Coromandel International Ltd | Equity | ₹356.26 Cr | 0.90% |
| Hindalco Industries Ltd | Equity | ₹352.08 Cr | 0.89% |
| EPAM Systems Inc | Equity | ₹349.29 Cr | 0.89% |
| ACC Ltd | Equity | ₹336.14 Cr | 0.85% |
| Aster DM Healthcare Ltd Ordinary Shares | Equity | ₹333.48 Cr | 0.85% |
| Life Insurance Corporation of India | Equity | ₹330.05 Cr | 0.84% |
| 182 DTB 14112024 | Bond - Gov't/Treasury | ₹320.71 Cr | 0.81% |
| Info Edge (India) Ltd | Equity | ₹317.79 Cr | 0.81% |
| Embassy Office Parks Reit | Bond - Asset Backed | ₹306.07 Cr | 0.78% |
| Delhivery Ltd | Equity | ₹300.05 Cr | 0.76% |
| Bharti Hexacom Ltd | Equity | ₹294.24 Cr | 0.75% |
| Indian Oil Corp Ltd | Equity | ₹292.88 Cr | 0.74% |
| National Aluminium Co Ltd | Equity | ₹286.98 Cr | 0.73% |
| HDFC Asset Management Co Ltd | Equity | ₹277.62 Cr | 0.70% |
| 182 DTB 24102024 | Bond - Gov't/Treasury | ₹277.35 Cr | 0.70% |
| G R Infraprojects Ltd | Equity | ₹276.22 Cr | 0.70% |
| Grasim Industries Ltd | Equity | ₹269.89 Cr | 0.68% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹269.15 Cr | 0.68% |
| Ashok Leyland Ltd | Equity | ₹267.76 Cr | 0.68% |
| Mankind Pharma Ltd | Equity | ₹264.24 Cr | 0.67% |
| Bank of India | Equity | ₹257.74 Cr | 0.65% |
| Ola Electric Mobility Ltd | Equity | ₹257.48 Cr | 0.65% |
| Bharti Airtel Ltd | Equity | ₹248.62 Cr | 0.63% |
| Hero MotoCorp Ltd | Equity | ₹244.82 Cr | 0.62% |
| Maruti Suzuki India Ltd | Equity | ₹239.95 Cr | 0.61% |
| Ashiana Housing Ltd | Equity | ₹228.41 Cr | 0.58% |
| Indian Energy Exchange Ltd | Equity | ₹227.52 Cr | 0.58% |
| NHPC Ltd | Equity | ₹226.22 Cr | 0.57% |
| Lupin Ltd | Equity | ₹222.9 Cr | 0.57% |
| NMDC Ltd | Equity | ₹211.82 Cr | 0.54% |
| Rallis India Ltd | Equity | ₹210.61 Cr | 0.53% |
| Bharat Petroleum Corp Ltd | Equity | ₹207.44 Cr | 0.53% |
| Disa India Ltd | Equity | ₹206.5 Cr | 0.52% |
| Grindwell Norton Ltd | Equity | ₹194.42 Cr | 0.49% |
| Nuvoco Vista Corp Ltd | Equity | ₹178.77 Cr | 0.45% |
| Ramco Cements Ltd | Equity | ₹175.13 Cr | 0.44% |
| Wendt (India) Ltd | Equity | ₹165.89 Cr | 0.42% |
| K.P.R. Mill Ltd | Equity | ₹159.72 Cr | 0.41% |
| Prism Johnson Ltd | Equity | ₹156.16 Cr | 0.40% |
| Coforge Ltd | Equity | ₹153.91 Cr | 0.39% |
| Gland Pharma Ltd | Equity | ₹149.48 Cr | 0.38% |
| Punjab National Bank | Equity | ₹139.88 Cr | 0.35% |
| Timken India Ltd | Equity | ₹139.37 Cr | 0.35% |
| Steel Authority Of India Ltd | Equity | ₹138.15 Cr | 0.35% |
| Carborundum Universal Ltd | Equity | ₹137.07 Cr | 0.35% |
| V-Guard Industries Ltd | Equity | ₹124.11 Cr | 0.31% |
| Neogen Chemicals Ltd | Equity | ₹120.25 Cr | 0.30% |
| Sanofi India Ltd | Equity | ₹109.62 Cr | 0.28% |
| Sula Vineyards Ltd | Equity | ₹101.69 Cr | 0.26% |
| Gateway Distriparks Ltd | Equity | ₹99.31 Cr | 0.25% |
| 364 DTB 07112024 | Bond - Gov't/Treasury | ₹98.8 Cr | 0.25% |
| 182 DTB 22112024 | Bond - Gov't/Treasury | ₹98.54 Cr | 0.25% |
| Ingersoll-Rand (India) Ltd | Equity | ₹96.88 Cr | 0.25% |
| Max Financial Services Ltd | Equity | ₹91.92 Cr | 0.23% |
| Aurobindo Pharma Ltd | Equity | ₹80.82 Cr | 0.20% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹79.14 Cr | 0.20% |
| Sanofi Consumer He | Equity | ₹60.74 Cr | 0.15% |
| Greenply Industries Ltd | Equity | ₹59.89 Cr | 0.15% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹57.32 Cr | 0.15% |
| Motherson Sumi Wiring India Ltd | Equity | ₹49.71 Cr | 0.13% |
| Automotive Axles Ltd | Equity | ₹40.73 Cr | 0.10% |
| E I D Parry India Ltd | Equity | ₹28.24 Cr | 0.07% |
| Prataap Snacks Ltd | Equity | ₹24.85 Cr | 0.06% |
| Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.1) | Equity | ₹20.55 Cr | 0.05% |
| Net Receivable / Payable | Cash - Collateral | ₹19.04 Cr | 0.05% |
| Bosch Ltd | Equity | ₹16 Cr | 0.04% |
| NMDC Steel Ltd | Equity | ₹13.98 Cr | 0.04% |
| Margin Amount For Derivative Positions | Cash - Collateral | ₹8.44 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
43.64%
Mid Cap Stocks
24.32%
Small Cap Stocks
12.86%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹7,395.46 Cr | 18.75% |
| Technology | ₹3,761.49 Cr | 9.54% |
| Basic Materials | ₹3,531.2 Cr | 8.96% |
| Consumer Cyclical | ₹3,488.38 Cr | 8.85% |
| Healthcare | ₹2,903.59 Cr | 7.36% |
| Industrials | ₹2,880.97 Cr | 7.31% |
| Energy | ₹2,776.36 Cr | 7.04% |
| Utilities | ₹2,676.54 Cr | 6.79% |
| Consumer Defensive | ₹2,160.6 Cr | 5.48% |
| Communication Services | ₹1,772.45 Cr | 4.49% |
| Real Estate | ₹228.41 Cr | 0.58% |
Risk & Performance Ratios
Standard Deviation
This fund
11.89%
Cat. avg.
12.63%
Lower the better
Sharpe Ratio
This fund
1.84
Cat. avg.
1.47
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
3.12
Higher the better
Fund Managers
Dinesh Balachandran
Since May 2018
PK
Pradeep Kesavan
Since December 2023
Additional Scheme Detailsas of 31st July 2024
ISIN | INF200K01RA0 | Expense Ratio | 0.59% | Exit Load | 1.00% | Fund Size | ₹39,433 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | BSE 100 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Contra Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Contra Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹39432.50 Cr | 43.3% |
| Kotak India EQ Contra Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3760.40 Cr | 50.1% |
| Kotak India EQ Contra Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹3760.40 Cr | 52.2% |
| Invesco India Contra Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹17268.79 Cr | 50.6% |
| SBI Contra Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹39432.50 Cr | 44.7% |
| Invesco India Contra Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹17268.79 Cr | 48.8% |
About the AMC
Total AUM
₹10,76,433 Cr
Address
C-38 & 39, G Block, Bandra Kurla Complex, Mumbai, 400 051
Other Funds by SBI Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of SBI Contra Fund Direct Growth?
The NAV of SBI Contra Fund Direct Growth, as of 05-Sep-2024, is ₹431.60.
What are the returns of SBI Contra Fund Direct Growth?
The fund has generated 44.71% over the last 1 year and 29.76% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of SBI Contra Fund Direct Growth?
The fund's allocation of assets is distributed as 85.30% in equities, 0.78% in bonds, and 13.92% in cash and cash equivalents.
Who manages the SBI Contra Fund Direct Growth?
The fund managers responsible for SBI Contra Fund Direct Growth are:-
- Dinesh Balachandran
- Pradeep Kesavan
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.