Sbi Contra Fund Nav Today

Invest and reap the benefits with SBI Contra Fund by following a straightforward three-step investment process. Experience the joy of returns in no time!

Is SBI Contra Fund a secure investment option?

The next piece of information mentioned is the NAV (Net Asset Value) of the fund, which stands at ₹363.71 as on Feb 23, 2024. The NAV represents the per-unit price of the fund and indicates how much each unit is worth.

Lastly, it mentions that this particular fund has an AUM (Assets Under Management) worth ₹23,572.42 Cr (Crores). AUM represents the total market value of all investments managed by a mutual fund company or financial institution.

Frequently Asked Questions

Equity funds are investment schemes that primarily focus on investing in shares of companies with varying market capitalization.

Understanding the categories of equity funds: large cap, mid cap, small cap and multi cap

SEBI categorizes listed companies according to their market capitalization, with large-cap funds focusing on the top 100 companies. Mid-cap funds target companies ranked between 101 and 250, while small-cap funds invest in those ranked from 251 onwards. Multi-cap funds have a more diversified approach, investing in companies across all three categories: small cap, mid cap, and large cap.

Understanding ELSS Funds

ELSS funds are mutual funds that offer tax benefits and primarily invest in equity schemes. These funds have a mandatory lock-in period of 3 years.

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What is the meaning of Bluechip funds?

Bluechip funds are investment funds that focus on purchasing stocks of established companies that have a strong track record of financial success over an extended period.

Understanding the lock-in period

The lock-in period of a mutual fund refers to the duration during which your investment cannot be withdrawn. While most mutual funds do not have any lock-in period, tax-saving schemes like ELSS have a minimum lock-in period of 3 years, which is the shortest among other options eligible for tax deduction under section 80C. The lock-in period starts from the date of investment and may vary for investments made through SIPs.

Is KYC mandatory for BLACK?

Know Your Customer (KYC) is a mandatory requirement for all mutual fund companies. When investing through BLACK, you only need to complete your KYC process once. This single KYC will be applicable for any future investments as well.

What is an Auto-SIP Mandate?

A Mandate is a single registration that allows your bank account to automatically deduct a fixed amount of money every day for investing in an SIP portfolio. Once you set up the Mandate, there is no need to go through the payment process each time you make an SIP investment.

SBI Contra Fund growth return?

What are the returns of SBI Contra Fund Regular Growth? The 5-year annualized return on SBI Contra Fund Regular Growth is 27.28%, and it has generated a return of 49.16% in the last year.

Returns of SBI Contra Fund Regular Growth:

– 5-year annualized return: 27.28%

– Return in the last year: 49.16%

Is it advisable to invest in SBI Contra Fund?

Consider investing in SBI Contra Fund, which is a mutual fund that primarily invests in domestic equities. As of today, the fund has 80.93% of its investments in Indian stocks. Within this allocation, 37.04% is invested in large-cap stocks (companies with high market capitalization), 18.56% is allocated to mid-cap stocks (medium-sized companies), and 9.01% is invested in small-cap stocks (smaller companies).

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Additionally, the fund also holds a portion of its portfolio in debt instruments, accounting for 7.51% of its total investments. Out of this allocation, the entire amount is invested in government securities.

In simple terms, SBI Contra Fund aims to generate long-term capital appreciation by investing mainly in Indian equities across different market segments such as large-caps, mid-caps, and small-caps. It follows a contrarian investment strategy where it seeks opportunities among undervalued or out-of-favor stocks that have potential for growth.

Investing in this fund can be beneficial if you are looking for exposure to diverse sectors within the Indian equity market and prefer an investment approach that focuses on identifying undervalued opportunities for potential returns over the long term.

Key Points:

– SBI Contra Fund predominantly invests in domestic equities.

– The current allocation includes approximately 37%, 19%, and 9% respectively into large-, mid-, and small-cap stocks.

– The fund also has a minor allocation towards government securities.

– Its investment strategy revolves around identifying undervalued or out-of-favor stocks with growth potential.

Which fund has lowest risk?

In India, there are several mutual funds that investors can consider for their investment portfolios. One such fund is the SBI Contra Fund, which aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments. The fund follows a contrarian investment strategy, wherein it invests in stocks that are currently out of favor but have the potential to deliver superior returns over time.

P.S: Mutual funds offer individuals an opportunity to diversify their investments across various asset classes without directly owning individual securities. It is advisable for investors to consult with financial advisors or professionals who can provide personalized guidance based on their specific needs and objectives.

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Can SBI Contra Fund be claimed under 80C?

Equity: Mutual Funds in this category primarily invest in equity stocks, with a maximum allocation of up to 100%. The ELSS/Tax saver subcategory within equity offers tax benefits under section 80C of the Income Tax Act and has a lock-in period of 3 years.

1. SBI Contra Fund

2. HDFC Equity Fund

3. ICICI Prudential Bluechip Fund

4. Axis Long Term Equity Fund

5. Aditya Birla Sun Life Frontline Equity Fund

The functioning of SBI Contra Fund

The SBI Contra Fund is a type of equity mutual fund that focuses on investing in stocks of companies that are currently underperforming. This means that the fund manager looks for opportunities to invest in stocks of companies whose performance is expected to improve in the future.

– The SBI Contra Fund is an equity mutual fund.

– It focuses on investing in underperforming stocks.

– The goal is to benefit from potential improvements and generate higher returns for investors over time.

Please consult a financial advisor or do thorough research before making any investment decisions.

Is SBI Contra Fund classified as a value fund?

The SBI Contra Fund adopts a value/contrarian investment approach, aiming to identify stocks that are undervalued compared to their perceived intrinsic value. The fund management team diligently searches for opportunities where the market price of a stock is considerably lower than what they believe it should be worth.

This style of investing requires patience and conviction from both the fund managers and investors alike. Contrarian investing involves going against prevailing market sentiment by buying when others are selling or vice versa. It requires a long-term perspective with an understanding that markets can sometimes overreact or underappreciate certain stocks.