2008 was the first full year that Religare Invesco Contra Fund operated and since then, it has underperformed the S&P BSE 500, it's benchmark, twice, out which one was a marginal 0.5 per cent lag in 2012 when the fund's returns were 31 per cent. Overall, it has overhauled the benchmark by a cumulative 20 per cent since launch. Returns since launch are 10 per cent every year, while its five year
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