Sbi Contra Fund Regular Plan Growth

Invest in SBI Contra Fund Regular Plan Growth effortlessly by following a straightforward three-step investment process and reap the benefits of your investments.

SBI Contra Fund Performance: How is it?

1. Current NAV: The SBI Contra Fund is currently valued at Rs 336.97 for the Growth option of its Regular plan as of Feb 16, 2024. This means that if you were to invest in this fund, each unit would be worth Rs 336.97.

2. Returns: The fund has shown positive returns over different time periods. Over the past year, it has provided a return of 47.18%. Over a three-year period, the return was 29.93%, and over five years it was 27.61%. Since its launch, the fund has generated a return of 19.79%.

To put it simply, these numbers indicate how well the SBI Contra Fund has performed in terms of generating profits for investors over various time frames – one year, three years, five years and since its inception.

Frequently Asked Questions

Equity funds are investment schemes that focus on investing in stocks of companies with varying market values.

Understanding the Categories of Equity Funds: Large Cap, Mid Cap, Small Cap, and Multi Cap

SEBI categorizes listed companies according to their market capitalization. Large-cap funds focus on the top 100 companies, while mid-cap funds target those ranked between 101 and 250. Small-cap funds invest in companies ranked from 251st onwards. Multi-cap funds have the flexibility to invest across all three categories: small cap, mid cap, and large cap companies.

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What is the meaning of 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.

What is the meaning of Bluechip funds?

Bluechip funds are investment funds that focus on purchasing stocks from highly reputable and financially successful companies that have consistently performed well over an extended duration.

What is a lock-in period?

The lock-in period refers to the duration during which your investment in a mutual fund remains inaccessible. While many mutual funds do not have any lock-in period, tax-saving funds like ELSS have the shortest lock-in period of 3 years among other options eligible for tax deduction under Section 80C. The lock-in period is calculated from the date of investment, so if you invest through SIPs, each installment will have its own specific lock-in date.

Is KYC mandatory for BLACK?

KYC is mandatory for all mutual fund companies. If you choose to invest through BLACK, you will 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 set amount of money each day for investing in an SIP portfolio. Once you have registered for the Mandate, you no longer need to go through the payment process every time you make an SIP investment.

Does SBI Contra Fund incur taxes?

Short-term capital gains are typically generated when an investor sells their contra fund units within a holding period of one year or less. The profits made from such transactions are considered as STCG and are taxed accordingly. In the case of SBI Contra Fund Regular Plan Growth, investors can expect to pay taxes at a rate of 15% on these short-term gains.

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P.S. Please remember that tax rates and regulations may change over time, so it is always advisable to consult with a financial advisor or tax professional for the most up-to-date information regarding taxation on contra funds.

What are the drawbacks of contra fund?

Contra funds require investors to exercise patience as they focus on investing in underperforming stocks that have untapped potential. It is important for investors to be aware of the possibility of negative outcomes when investing in contra funds. These funds aim to generate positive returns by identifying undervalued stocks with high growth prospects.

– Contra funds invest in underperforming stocks with untapped potential.

– Patience is required when investing in contra funds.

– There is a chance of negative results with contra frames.

– The objective of these funds is to identify inexpensive stocks with high growth potential and generate positive returns.

Is it advisable to invest in a contra fund?

In simple terms, contra funds are mutual funds that follow a contrarian investment strategy. Contrarians believe that market trends often overvalue or undervalue certain stocks or sectors. Therefore, they take positions opposite to prevailing market sentiment by investing in stocks that are currently out of favor but have potential for future growth.

The SBI Contra Fund Regular Plan Growth is one example of such a fund offered by State Bank of India (SBI). The goal of this fund is to identify undervalued stocks across various sectors and hold them until their true value is recognized by the market. By doing so, investors hope to benefit from the eventual appreciation in stock prices.

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– Contra funds follow an investment strategy based on going against prevailing market sentiment.

– The SBI Contra Fund Regular Plan Growth aims at identifying undervalued stocks across different sectors.

– Investing in contra funds involves taking higher risks but also offers potential for significant returns.

– It is recommended to have a long-term investment horizon when investing in contra funds.

– Diversification across various asset classes can help mitigate risks associated with these funds.

Should one invest in a contra fund?

Contra funds are a type of mutual fund that aim to generate higher returns by investing in stocks that are currently undervalued or out of favor in the market. The basic idea behind contra funds is to go against the popular sentiment and invest in stocks that have the potential for future growth.

The SBI Contra Fund Regular Plan Growth is one such example of a contra fund offered by SBI Mutual Fund. It aims to provide capital appreciation over the long term by investing primarily in equity and equity-related instruments across various sectors and market capitalizations. The fund manager actively seeks opportunities where stock prices do not reflect their true worth, aiming to benefit from their potential upside.