|Min SIP Amount||₹500|
|NAV||₹28.18 (04 Dec 2020)|
|Fund Started||11 Apr 2007|
|Fund Size||₹5,609 Cr|
|Reliance Industries Ltd.||Energy||Equity||9.6%|
|HDFC Bank Ltd.||Financial||Equity||9.0%|
|ICICI Bank Ltd.||Financial||Equity||7.3%|
|Bharti Airtel Ltd.||Communication||Equity||4.9%|
|Axis Bank Ltd.||Financial||Equity||4.7%|
|HCL Technologies Ltd.||Technology||Equity||3.1%|
|Sun Pharmaceutical Inds. Ltd.||Healthcare||Equity||2.7%|
|Larsen & Toubro Ltd.||Construction||Equity||2.6%|
|Ultratech Cement Ltd.||Construction||Equity||2.5%|
Invesco India Contra Fund Dividend is a Equity Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 11 Apr 2007. Amit Ganatra, Taher Badshah is the Current Fund Manager of Invesco India Contra Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹5,609 Cr and the Latest NAV as of 04 Dec 2020 is ₹28.18.
The Invesco India Contra Fund Dividend is rated Moderately 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.