Bank on Investment Opportunities with SBI Contra Fund
The SBI Contra Fund is an investment scheme offered by SBI Mutual Fund, one of the leading companies offering mutual funds in India. As the name suggests, the fund follows a contrarian investment strategy, aiming to invest in stocks that are undervalued or unappreciated by the market. Managed by a team of experienced professionals, the SBI Contra Fund seeks to generate long-term capital appreciation by identifying opportunities in companies with strong fundamentals but that may be currently out of favor. With a focus on value investing and a diversified portfolio, the SBI Contra Fund aims to deliver consistent returns over the investment horizon while effectively managing risks.
Entry and Exit Load
While the entry load for SBI Contra Fund is nil, the exit load is 1 percent in case an investor redeems or switches his or her SBI Contra Fund units within 365 days of purchase.
Minimum Investment Amount
The minimum amount for lumpsum investment in SBI Contra Fund is Rs. 5000. However, if you opt for a systematic investment plan or SIP, you can start with just Rs. 1000.
SBI Contra Fund is managed by Dinesh Balachandran and Mohit Jain.
There is no lock-in period for SBI Contra Fund. However, there is an exit load and investors are requested to pay heed to the same while redeeming their units within one year of purchase.
Other Funds by SBI Mutual Fund
SBI Technology Opportunities Fund - Regular Plan - Growth
SBI Small Cap Fund - Regular Plan - Growth
SBI Healthcare Opportunities Fund - Regular Plan -Growth
SBI Magnum Midcap Fund - Regular Plan - Growth
SBI Large & Midcap Fund- Regular Plan -Growth
SBI Infrastructure Fund - Regular Plan - Growth
SBI Gold Fund Regular Plan - Growth
All of these SBI mutual fund plans are available on ZFunds, and you can start investing in them today. ZFunds’ experts can help you select and invest in the best mutual fund schemes basis your appetite for risk, financial goals, etc.
Also Read : Best Regular Mutual Funds