Performance Update

Invesco India Contra Fund: Recovery potential

The fund's lean patch should not blindside its long-term performance

The fund's lean patch should not blindside its long-term performance

हिंदी में भी पढ़ें read-in-hindi

Invesco India Contra Fund claims to invest in contrarian opportunities, but it generally allocates 65-75 per cent to large caps. The fund uses a proprietary stock categorisation system to identify the best investments, with a focus on turnaround phase companies, undervalued growth stocks, and high-growth companies undergoing temporary setbacks. It takes active calls on sector weightages and follows a disciplined approach to profit booking. This year, both the YTD as well as over the 12-month periods, the fund has delivered -0.1 per cent and 16.53 per cent returns respectively, putting it in lower quartiles. Although its recent performance has been relatively poor, it is still ahead of its benchmark and an average category peer, though the margin of outperformance has been narrowing. Reasons f

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