Kotak Contra Fund Turns ₹10,000 SIP into ₹1.34 Crore in 12 Years

If you had invested ₹10,000 every month in Kotak Contra Fund since its launch in July 2013, your investment would now be worth ₹1.34 crore by June 2025. The fund has beaten its benchmark, the Nifty 500 TRI, over multiple timeframes, including three-year, five-year, and since inception.

Strong Lump Sum Returns Too

A one-time ₹10,000 investment made at inception would have grown to ₹74,826 by July 25, 2025, more than 7 times the original value. The scheme has delivered an annualised return of 17.36% since launch and has shown positive returns in all rolling five-, seven-, and ten-year periods in its history.

How Kotak Contra Fund Invests

Contra funds invest in stocks and sectors that are out of favour but have potential for a turnaround. Kotak Contra Fund follows this contrarian style with a value bias, targeting businesses with strong or improving fundamentals at attractive valuations.

The fund is managed by Shibani Sircar Kurian and has a Sharpe ratio of 1.36, showing good risk-adjusted performance. As of June 2025, it invested about 60% in large-cap stocks, and around 18.5% each in mid- and small-cap stocks.

Key Metrics of the Fund

• 5-Year Return: 24.97%
• Expense Ratio: 0.57%
• Fund Manager: Shibani Kurian
• Fund Size: ₹4,471.76 crore
• Risk Profile: Very High
• NAV (as on Aug 12, 2025): ₹174.67

Sector Focus

The fund is overweight on financial services, healthcare, consumer discretionary, and technology, while being underweight in metals and media.

Read More: Equity Mutual Fund Inflows Surge 81.04% in July 2025; NFOs Garner ₹30,416 Crore: AMFI Data!

Risk Reminder

Contrarian strategies may underperform in the short term when markets favour popular sectors. Investors should be ready for this and ensure their time horizon and risk appetite match the strategy.

Conclusion

While short-term dips are possible, its track record suggests that patient, long-term investors could benefit significantly.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.