3 Year return
26.62%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹39432.5 Cr.
Expense Ratio
0.57% (inclusive of GST)
Exit Load
For exit within 1 year from th date of allotment - 1%. For exit after 1 years from the date of allotment - NIL.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
SBI Mutual Fund Managers
DB
Dinesh Balachandran
Fund Manager since Apr 2022
Fund House Details
SBI Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
SBI Contra Fund |
26.62% |
5 |
Invesco India Contra Fund |
22.65% |
2.5 |
Kotak India EQ Contra Fund |
23.22% |
3 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan Gr
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan Growth
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan IDCW Payout
About the SBI Contra Fund Direct Plan IDCW Reinvestment
The SBI Contra Fund Direct Plan IDCW Reinvestment is a mutual fund that invests in a diversified portfolio of stocks that are considered to be undervalued or "contrarian". This means that the fund manager is looking for stocks that are not in favor with the market, but which he or she believes have the potential to outperform the market over the long term. The fund is managed by SBI Mutual Fund, one of the largest mutual fund companies in India. The fund has been around since 2013 and has a good track record of performance.
Investment Objective of the Scheme
The investment objective of the SBI Contra Fund Direct Plan IDCW Reinvestment is to generate long-term capital appreciation by investing in a diversified portfolio of undervalued stocks. The fund will invest at least 80% of its assets in equity securities. The fund may also invest in other asset classes, such as debt securities and money market instruments, but these investments will be limited to 20% of the fund's assets.
Key Features of The Fund
5-year return | 33.19% |
Expense Ratio | 0.57% |
Fund Manager | Dinesh Balachandran |
Fund Size | ₹39432.5 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
The SBI Contra Fund Direct Plan IDCW Reinvestment is a good option for investors who are looking for long-term capital appreciation and who are willing to take on some risk. The fund is not suitable for investors who need regular income or who are not comfortable with the volatility of equity markets.
AMC Contact Details
Name | SBI Mutual Fund |
Launch Date | June 1987 |
Addresss | 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051 |
Contact | 1800 209 3333 1800 425 5425 |
customer.delight@sbimf.com | |
Website | https://www.sbimf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of SBI Contra Fund Direct Plan IDCW Reinvestment?
What is the AUM of SBI Contra Fund Direct Plan IDCW Reinvestment?
What is the expense ratio of SBI Contra Fund Direct Plan IDCW Reinvestment?
What are the returns of SBI Contra Fund Direct Plan IDCW Reinvestment since inception?
What is the minimum SIP amount to invest in SBI Contra Fund Direct Plan IDCW Reinvestment?
How do I invest in SBI Contra Fund Direct Plan IDCW Reinvestment?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in SBI Contra Fund Direct Plan IDCW Reinvestment?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in SBI Contra Fund Direct Plan IDCW Reinvestment?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in SBI Contra Fund Direct Plan IDCW Reinvestment?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.