Would you suggest investing in contra funds in the current market scenario?
One should be investing in a contra fund in any market scenario. But the real problem is, there are not too many good contra funds. Ideally, a small part of your money should always be invested in a good contra fund, not exceeding one-third or a quarter of your total money. Though you have a limited choice and not too many good contra funds, select one carefully.
For this, one may also consider the funds selected as 'Analyst's Choice' at Value Research. Our analysts have looked at it very carefully. They do all the filtration and keep an eye on the strategy being followed. That is what leads to those choices.