Top Contra Mutual Fund Schemes: When the market is experiencing high valuations and investors are ready to pay illogical prices for stocks, contra investors are interested in buying stocks that no one else is asking for. The investment philosophy of contra investors is to buy stocks or mutual fund schemes that bet on beaten-down stocks, assuming that these contra bets will yield higher returns when the market eventually understands their valuation.
In this article, you can see that there are very few contra-mutual fund schemes available for both long-term and short-term investments. This indicates that the contra theme is not very popular among investors. As a result, many asset management companies (AMCs) are not launching contra mutual fund schemes.
In todays article, we will provide the names of the top contra-mutual fund schemes as well as their long-term and short-term returns. This will give you an idea of how contra-mutual fund schemes have performed in the past. This information can help you search for top contra mutual fund schemes to include in your mutual fund investment portfolio.
Also read: Top Flexi Cap mutual fund schemes
Top Contra mutual fund Schemes by returns in the last 1 month
| Sr No | Top Contra-Mutual Fund Schemes | Returns (%) |
| 1 | Invesco India Contra Fund Direct Plan Growth | 6.63% |
| 2 | SBI Contra Fund Direct Plan Growth | 6.15% |
| 3 | Kotak India EQ Contra Fund Direct Plan Growth | 4.89% |
Top Contra mutual fund Schemes by returns in the last 3 months
| Sr No | Top Contra-Mutual Fund Schemes | Returns (%) |
| 1 | SBI Contra Fund Direct Plan Growth | 10.60% |
| 2 | Invesco India Contra Fund Direct Plan Growth | 10.41% |
| 3 | Kotak India EQ Contra Fund Direct Plan Growth | 99.53% |
Top Contra mutual fund Schemes by returns in the last 6 months
| Sr No | Top Contra-Mutual Fund Schemes | Returns (%) |
| 1 | Kotak India EQ Contra Fund Direct Plan Growth | 32.80% |
| 2 | SBI Contra Fund Direct Plan Growth | 30.03% |
| 3 | Invesco India Contra Fund Direct Plan Growth | 29.00% |
Top Contra mutual fund Schemes by returns in the last 1 year
| Sr No | Top Contra-Mutual Fund Schemes | Returns (%) |
| 1 | Kotak India EQ Contra Fund Direct Plan Growth | 52.74% |
| 2 | SBI Contra Fund Direct Plan Growth | 51.71% |
| 3 | Invesco India Contra Fund Direct Plan Growth | 49.24% |
Top Contra mutual fund Schemes by returns in the last 2 years
| Sr No | Top Contra-Mutual Fund Schemes | Returns (%) |
| 1 | SBI Contra Fund Direct Plan Growth | 32.28% |
| 2 | Kotak India EQ Contra Fund Direct Plan Growth | 29.25% |
| 3 | Invesco India Contra Fund Direct Plan Growth | 25.32% |
Top Contra mutual fund Schemes by returns in the last 3 years
| Sr No | Top Contra-Mutual Fund Schemes | Returns (%) |
| 1 | SBI Contra Fund Direct Plan Growth | 33.69% |
| 2 | Kotak India EQ Contra Fund Direct Plan Growth | 26.58% |
| 3 | Invesco India Contra Fund Direct Plan Growth | 24.23% |
Also read: Top Value Mutual Fund Schemes
Top Contra mutual fund Schemes by returns in the last 5 years
| Sr No | Top Contra-Mutual Fund Schemes | Returns (%) |
| 1 | SBI Contra Fund Direct Plan Growth | 26.54% |
| 2 | Kotak India EQ Contra Fund Direct Plan Growth | 21.83% |
| 3 | Invesco India Contra Fund Direct Plan Growth | 20.48% |
Top Contra mutual fund Schemes by returns in the last 10 years
| Sr No | Top Contra-Mutual Fund Schemes | Returns (%) |
| 1 | Invesco India Contra Fund Direct Plan Growth | 20.51% |
| 2 | SBI Contra Fund Direct Plan Growth | 19.49% |
| 3 | Kotak India EQ Contra Fund Direct Plan Growth | 18.76% |
Conclusion
Contra mutual fund schemes are not suitable for beginner investors. They are more appropriate for investors who have advanced knowledge and understanding of the market, as contra bets can yield moderate to negative returns even when the market is performing well.
Disclaimer
Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
Also read: Top Flexi Cap mutual fund schemes which give huge returns in the past