Historical NAV & Returns
Absolute
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42417 people have invested ₹ 30.2Cr in SBI Contra Fund Direct Growth in the last three months
About SBI Contra Fund Direct Growth
SBI Contra Fund aims to provide investors with maximum capital appreciation by applying the ‘contrarian investment’ strategy. This is a strategy where fund managers invest in funds that are out of favor and have good growth potential.
The fund is benchmarked against Nifty 500 TRI. This helps in comparison with the broader market. The fund strongly focuses on Financials, Healthcare, Energy, Technology, FMCG, etc.
Currently, the fund's portfolio comprises 10.8% small-cap stocks, 49.60% large-cap stocks, and 13.18% mid-cap stocks.
With an AUM of ₹42220.0 crores, SBI Contra Fund Direct Growth generated a return of 1.3% in 1 year, 19.8% in 3 years, 35.4% in 5 years. while its benchmark index (Nifty 500) generated 3.9% in 1 year, 12.0% in 3 years, and 23.7% in 5 years.
SBI Contra Fund Direct Growth Overview
| Expense ratio | 0.64% |
Benchmark | BSE 100 India TR INR |
| AUM | ₹42220 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 46.87% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for SBI Contra Fund Direct Growth
Powered by IND quant engine
1
/3
69% Performance
93% Risk Management
0% Cost
1 out of 3 among contra
Generated Consistent Returns
Consistently beats benchmark
Lower volatility within category
No bad points found for this fund.
Trailing Returns
as on (11-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
49.6%
Mid cap
13.2%
Small cap
10.8%
Sector Allocation
Financial Services
31.2%
Tech
10.1%
Energy
9.7%
Health
9.5%
Basic Materials
9.4%
Consumer Cyclical
7.1%
Utilities
6.9%
Consumer Defensive
6.2%
Industrial
5.4%
Communication
3.9%
Real Estate
0.6%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 5.07% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund underperformed Nifty 500 by 2.18% in Mar'25
- AUM of the fund stands at 42.2K Cr as of Mar'25
- AUM increased by 2.6K Cr between Mar'25 and Feb'25
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 7.76% to 8.76%
Reliance Industries Ltd's allocation increased from 3.74% to 4.24%
Dabur India Ltd's allocation increased from 1.63% to 2.05%
Top Stocks sold last month
Tech Mahindra Ltd's allocation decreased from 2.17 % to 1.94 %
Cognizant Technology Solutions Corp Class A's allocation decreased from 1.86 % to 1.67 %
ITC Ltd's allocation decreased from 1.67 % to 1.63 %
Large Cap allocation has gone up from 47.7% to 49.6%
Small Cap allocation has gone up from 10.8% to 10.8%
Mid Cap allocation has gone down from 13.6% to 13.2%
Cash allocation has gone down from 23.8% to 22.9%
Debt allocation has gone down from 1.2% to 1.1%
Top 3 Sectors in March were Financial Services, Tech & Basic Materials
Mar'25
Financial Services
31%
Tech
10%
Energy
10%
Feb'25
Financial Services
30%
Tech
12%
Basic Materials
9%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.76% | 14.1% | |
 Reliance Industries Ltd | 4.24% | 13.8% | |
 Kotak Mahindra Bank Ltd | 3.29% | 0% | |
 GAIL (India) Ltd | 2.25% | 0% | |
 Torrent Power Ltd | 2.17% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 SBI Contra Fund Direct Growth | 1.26% | 19.76% | 35.36% | 16.42% |
 Invesco India Contra Fund Direct Plan Growth | 7.71% | 17.4% | 26.83% | 18.56% |
 Kotak India EQ Contra Fund - Growth - Direct | 2.3% | 18.03% | 27.89% | 16.76% |
Top Growth Drivers | 1M Return |
|---|---|
 GAIL (India) Ltd | 9.7% |
 Kotak Mahindra Bank Ltd | 5.9% |
 HDFC Bank Ltd | 5.6% |
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Dinesh Balachandran
Fund Manager of SBI Contra Fund Direct Growth, since 7 May 2018
Top funds managed
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.37L Cr
as on 31-Mar-2025
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com
Mutual Fund Insights
In the last 5 years, this fund has outperformed all funds in its category.
Over the last 3 months, this fund has increased expense ratio by 12.3% moving from 0.57 to 0.64.
In the last 1 year, Invesco India Contra Fund Direct Plan Growth has given 7.71% return, outperforming this fund by 6.45%.
This fund has one of the lowest expense ratio in the category (contra). Its expense ratio is 0.64% which is lower than the category average expense ratio of 1.1%.
Over the last 1 month, this fund has experienced a 6.6% growth in AUM moving from 39.58K Cr to 42.22K Cr.
In the last 3 years, this fund has outperformed all funds in its category.
SBI Contra Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.42% since inception which is more than its category average return of 15.92%
Fund Allocations
This fund has an allocation of 75.99% in Equity, 1.14% in Debt and 22.87% in Cash related instruments
AUM size ₹42220 Cr
This fund has AUM of ₹42220 Cr which is more than its category average of ₹ 21140 Cr
Expense Ratio 0.64%
This fund has an expense ratio of 0.64% which is less than its category average expense ratio of 1.15%
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Frequently Asked Questions for SBI Contra Fund Direct Growth
The current NAV of SBI Contra Fund Direct Growth is ₹381.9 as on 11-Apr-2025.
Existing (Absolute + CAGR) as on 11-Apr-2025.
SBI Contra Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.73% | 1.73% |
6 Month Returns | -10.61% | -10.61% |
1 Year Returns | 1.26% | 1.26% |
3 Years Returns | 71.79% | 19.76% |
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0.64% as on March 2025
₹42220 Cr as on March 2025
HDFC Bank Ltd(8.76%), Reliance Industries Ltd(4.24%), Kotak Mahindra Bank Ltd(3.29%), GAIL (India) Ltd(2.25%), Torrent Power Ltd(2.17%) as on March 2025
Financial Services(23.67%), Tech(7.71%), Energy(7.35%) as on March 2025
The alpha ratio for the SBI Contra Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Contra Fund Direct Growth | 1.15 | 8.92 | 11.52 |
As on March 2025
The alpha for SBI Contra Fund Direct Growth is calculated against BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the SBI Contra Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Contra Fund Direct Growth | 0.94 | 0.88 | 0.92 |
As on March 2025
The Beta for SBI Contra Fund Direct Growth is calculated with BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the SBI Contra Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Contra Fund Direct Growth | 0.14 | 1.14 | 1.81 |
As on March 2025
The sharpe ratio for SBI Contra Fund Direct Growth is calculated with BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the SBI Contra Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Contra Fund Direct Growth | 15.05 | 13.22 | 15.5 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.13 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.95 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Dinesh Balachandran is the fund manager of SBI Contra Fund Direct Growth
The Exit load of SBI Contra Fund Direct Growth is 1%