|Min SIP Amount||₹500|
|NAV||₹71.21 (22 Jul 2021)|
|Fund Started||11 Apr 2007|
|Fund Size||₹7,529 Cr|
|ICICI Bank Ltd.||Financial||Equity||7.8%|
|HDFC Bank Ltd.||Financial||Equity||6.9%|
|Axis Bank Ltd.||Financial||Equity||4.5%|
|Reliance Industries Ltd.||Energy||Equity||4.2%|
|State Bank of India||Financial||Equity||3.8%|
|Ultratech Cement Ltd.||Construction||Equity||3.5%|
|Sun Pharmaceutical Industries Ltd.||Healthcare||Equity||3.5%|
|Larsen & Toubro Ltd.||Construction||Equity||3.1%|
|Ashok Leyland Ltd.||Automobile||Equity||2.9%|
Invesco India Contra Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹7,529 Cr and the Latest NAV as of 22 Jul 2021 is ₹71.21.
The Invesco India Contra Fund 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.