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2 star

SBI Contra Fund


1 Lakh

Investment declined to
₹ 0.97 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.77 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes is their true worth.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other value-oriented fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 5.02 0.31 2.85 5.56 10.42 33.81 7.81 -0.86 4.34 10.24 5.48
S&P BSE 100 TRI -0.77 0.40 1.60 6.80 6.73 28.14 3.63 5.62 8.77 11.45 8.26
Equity: Value Oriented -0.54 0.45 2.28 5.90 7.96 27.95 2.76 -0.43 6.11 13.22 8.77
Rank within category 2 12 5 11 4 2 4 10 11 11 12
Number of funds in category 17 17 17 17 17 17 17 14 14 13 13

As on 23-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Contra Fund  | Invest Online
2 star
Jul-99 7.81 -0.86 4.34 2.33 1,321
Invesco India Contra Fund  | Invest Online
5 star
Apr-07 8.70 5.66 10.40 2.04 4,967
Tata Equity PE Fund - Regular Plan  | Invest Online
4 star
Jun-04 2.90 0.46 10.13 1.96 4,454
UTI Value Opportunities Fund - Regular Plan  | Invest Online
4 star
Jul-05 8.06 5.14 6.59 2.16 4,340
Kotak India EQ Contra Fund - Regular Plan  | Invest Online
4 star
Jul-05 2.68 5.19 9.13 2.44 810

Best & Worst Performance

Best (Period) Worst (Period)
Week 19.82 (27-Oct-2008 - 04-Nov-2008) -19.85 (15-Jan-2008 - 22-Jan-2008)
Month 33.76 (11-May-2009 - 10-Jun-2009) -34.32 (20-Feb-2020 - 23-Mar-2020)
Quarter 83.11 (09-Mar-2009 - 10-Jun-2009) -38.59 (02-Sep-2008 - 02-Dec-2008)
Year 121.72 (10-May-2005 - 10-May-2006) -54.68 (06-Dec-2007 - 05-Dec-2008)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 1.66 22.89 -0.15 -0.17 1.02 -5.74
S&P BSE 100 TRI 7.35 21.09 0.11 0.12 -- --
Equity: Value Oriented 1.98 22.66 -0.13 -0.15 1.03 -5.44
Rank within category 9 8 9 9 7 9
Number of funds in category 15 15 15 15 15 15

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 47
Top 10 Stocks (%) 32.07
Top 5 Stocks (%) 18.26
Top 3 Sectors (%) 40.02
Portfolio P/B Ratio 1.77
Portfolio P/E Ratio 18.41

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 27,932 80,763
Giant (%) 35.52 44.19
Large (%) 15.92 20.79
Mid (%) 12.51 24.80
Small (%) 36.05 10.12
Tiny (%) -- 0.31

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down Sequent Scientific Healthcare 48.30 3.99 0.00 3.99
down Infosys Technology 26.76 4.99 0.00 3.82
equal ICICI Prudential Life Insurance Co. Ltd. Financial 54.95 4.21 0.00 3.69
equal ICICI Bank Financial 28.27 7.65 3.17 3.45
equal Reliance Industries Energy 33.63 3.31 0.00 3.31
equal Lupin Healthcare -- 3.03 0.00 2.82
equal HCL Technologies Technology 18.97 4.35 1.47 2.77
equal Ultratech Cement Construction 21.71 3.31 0.00 2.76
equal Neogen Chemicals Chemicals 51.18 2.76 0.00 2.74
down HDFC Bank Financial 23.00 7.59 2.01 2.72
equal Sun Pharmaceutical Inds. Healthcare 160.99 5.86 0.00 2.60
equal Tata Motors Automobile -- 2.69 0.00 2.52
equal Westlife Development Services -- 2.84 0.93 2.29
equal Prism Johnson Construction -- 2.24 0.00 2.24
equal Solara Active Pharma Sciences Healthcare 31.44 1.95 0.00 1.95
equal Kotak Mahindra Bank Financial 32.16 6.05 0.00 1.92
equal Pfizer Healthcare 44.91 3.01 0.00 1.85
up Cyient Technology 14.81 2.35 0.00 1.79
new Route Mobile Technology 78.59 1.74 0.00 1.74
equal Bharti Airtel Communication -- 7.47 0.99 1.73
equal Phoenix Mills Construction 59.89 1.89 0.00 1.72
equal HPCL Energy 6.92 1.98 0.00 1.72
equal Carborundum Universal Metals 18.72 2.05 0.00 1.63
equal ITC FMCG 14.52 3.78 0.00 1.62
equal Cipla Healthcare 37.07 2.20 0.00 1.47

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020

Fund Manager

— Dinesh Balachandran since 04-May-2018

Education: Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA.

Experience: Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.

Funds Managed:


0.31%

Change from previous, NAV as on 23-Oct-2020

Growth: ₹ 108.8903

Dividend: ₹ 18.8813


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1,000
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 14-Jul-1999
Return Since Launch: 16.84%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,321 Cr (As on 30-Sep-2020)
Expense: 2.33% (As on 30-Sep-2020)
Risk Grade: Average
Return Grade: Below Average
Turnover: 84.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend09-Mar-20182.3000

 23-Jun-20172.3000
 26-Feb-20162.0000
 26-Dec-20142.0000
 29-Nov-20131.5000
 19-Oct-20122.0000
 14-Oct-20113.5000
 13-Aug-20103.5000
 17-Jul-20095.0000
 16-May-20084.0000
 11-May-20074.0000
 03-Apr-20064.0000
 18-May-20052.1000
 09-Nov-20042.1000
 27-Jan-20043.0000
 11-Nov-20032.5000
 23-Oct-20033.3000
 10-Sep-20031.2000

Contact Information

AMC: SBI Funds Management Ltd

Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051

Phone: 022-61793000 / 1800-425-5425

Fax: 022-22189663

Email: [email protected]

Website: http://www.sbimf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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