A contrarian approach in investing is putting money in companies which are fundamentally good but whose share prices are not reflecting the true potential.
|This product is suitable for investors who are seeking*: |
- Long term investment
- Equity Investments in contrarian stocks which are currently out of favour in the market to provide maximum growth opportunities.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
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To provide the investors maximum growth opportunity through equity investments in stocks of growth oriented sectors of the economy. There are five sub-funds dedicated to specific investment themes viz. Information Technology,Pharmaceuticals, FMCG, Contrarian (investment in stocks currently out of favour) and Emerging Businesses.
|Instrument ||Normal Allocation (% of Net Assets) ||Risk Profile |
|Equities of particular sector ||90%-100% ||High |
|Money market instruments ||0%-10% ||Low |
|Date of Inception ||14/07/1999 |
|Minimum Application ||Rs. 5000/- |
|Entry Load ||NA |
|Exit Load ||For exit within 1 year from the date of allotment - 1 %. For exit after 1 year from the date of allotment - Nil. |
|SIP || |
Monthly - Minimum 1000 & in multiples of 1 thereafter for maximum six months (or) minimum 500 & in multiples of 1 thereafter for minimum one year.
Quarterly – Minimum 1500 & in multiples of 1 thereafter for minimum one year.
|SWP ||Rs 500 per month or quarter |
|SBI Contra Fund - Regular Plan - Dividend||20.9125||30-Jun-2015
|SBI Contra Fund - Direct Plan - Dividend||25.6590||30-Jun-2015
|SBI Contra Fund - Regular Plan - Growth||86.4551||30-Jun-2015
|SBI Contra Fund - Direct Plan - Growth||87.7611||30-Jun-2015