|Min SIP Amount||₹500|
|NAV||₹69.08 (16 Apr 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹6,477 Cr|
|ICICI Bank Ltd.||Financial||Equity||8.3%|
|HDFC Bank Ltd.||Financial||Equity||8.0%|
|Axis Bank Ltd.||Financial||Equity||4.7%|
|Reliance Industries Ltd.||Energy||Equity||3.8%|
|Ultratech Cement Ltd.||Construction||Equity||3.7%|
|Tata Steel Ltd.||Metals||Equity||3.5%|
|Sun Pharmaceutical Inds. Ltd.||Healthcare||Equity||3.5%|
|State Bank of India||Financial||Equity||3.1%|
|Larsen & Toubro Ltd.||Construction||Equity||2.9%|
Invesco India Contra Fund Direct Growth is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Amit Ganatra, Taher Badshah is the Current Fund Manager of Invesco India Contra Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹6,477 Cr and the Latest NAV as of 16 Apr 2021 is ₹69.08.
The Invesco India Contra Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
The scheme seeks to generate capital appreciation by investing predominantly in Equity and Equity Related Instruments through contrarian investing.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.