|Min SIP Amount||₹500|
|NAV||₹140.08 (27 Jan 2021)|
|Fund Started||05 Jul 1999|
|Fund Size||₹1,652 Cr|
|ICICI Bank Ltd.||Financial||Equity||4.2%|
|HDFC Bank Ltd.||Financial||Equity||3.9%|
|Sun Pharmaceutical Inds. Ltd.||Healthcare||Equity||3.7%|
|ICICI Prudential Life Insurance Company Ltd.||Financial||Equity||3.5%|
|Axis Bank Ltd.||Financial||Equity||3.2%|
|Prism Johnson Ltd.||Construction||Equity||2.9%|
|Tata Motors Ltd.||Automobile||Equity||2.8%|
|Bharti Airtel Ltd.||Communication||Equity||2.6%|
SBI Contra Fund Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 05 Jul 1999. Rama Iyer Srinivasan is the Current Fund Manager of SBI Contra Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,652 Cr and the Latest NAV as of 27 Jan 2021 is ₹140.08.
The SBI Contra Fund Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
The scheme seeks to provide the investor with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities following a contrarian investment strategy.
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.