The SBI Contra Fund Direct Growth, identified by the code mutf_in: sbi_cont_dir_1ru9enp , is a distinctive mutual fund offering from SBI Mutual Fund. As a contra fund, it adopts a contrarian investment strategy, aiming to capitalize on market inefficiencies by investing in undervalued stocks that are currently out of favor but have strong fundamentals.
📊 Fund Overview mutf_in: sbi_cont_dir_1ru9enp
| Attribute | Details |
|---|---|
| Fund Name | SBI Contra Fund Direct Growth |
| Fund Code | mutf_in: sbi_cont_dir_1ru9enp |
| Fund House | SBI Mutual Fund |
| Launch Date | January 1, 2013 |
| Fund Type | Open-ended Equity Scheme |
| Investment Strategy | Contrarian approach focusing on undervalued stocks |
| Risk Level | Very High |
| Assets Under Management (AUM) | ₹41,634 Crores (as of December 2024) |
| Fund Managers | Dinesh Balachandran (since May 2018), Pradeep Kesavan (since December 2023) |
| Benchmark Index | S&P BSE 500 |
| Expense Ratio | 0.64% (as of August 2024) |
📈 mutf_in: sbi_cont_dir_1ru9enp Performance Snapshot
| Period | Returns (%) |
|---|---|
| 1 Year | 3.3 |
| 3 Years | 18.8 |
| 5 Years | 12.8 |
| Since Inception | 7.83 |
Note: Returns are subject to market risks and past performance may not be indicative of future results.
🧩 mutf_in: sbi_cont_dir_1ru9enp Portfolio Composition
Sector Allocation
| Sector | Allocation (%) |
|---|---|
| Financial Services | 19.47 |
| Technology | 9.03 |
| Basic Materials | 8.12 |
| Energy | 7.33 |
| Health Care | 7.33 |
| Industrials | 6.55 |
| Consumer Cyclical | 6.42 |
| Utilities | 5.94 |
| Consumer Defensive | 4.71 |
| Communication Services | 3.97 |
| Real Estate | 0.57 |
Top Holdings
| Company | Sector | Allocation (%) |
|---|---|---|
| HDFC Bank Ltd | Financial Services | 5 |
| Reliance Industries Ltd | Energy | 4 |
| GAIL (India) Ltd | Utilities | 2 |
| Tech Mahindra Ltd | Technology | 2 |
| Kotak Mahindra Bank Ltd | Financial Services | 2 |
| Torrent Power Ltd | Utilities | 2 |
| State Bank of India | Financial Services | 2 |
| ITC Ltd | Consumer Defensive | 2 |
| Oil & Natural Gas Corp Ltd | Energy | 2 |
| Whirlpool of India Ltd | Consumer Cyclical | 2 |
Data as of December 31, 2024.
💡 mutf_in: sbi_cont_dir_1ru9enp Investment Strategy
The SBI Contra Fund employs a contrarian investment approach, which involves identifying and investing in stocks that are currently undervalued or out of favor in the market but have strong fundamentals and growth potential. This strategy requires patience and a long-term investment horizon, as it may take time for the market to recognize the true value of these investments.
🧾 How to Invest
Investors can invest in the SBI Contra Fund Direct Growth through the following platforms:
- YONO SBI App: SBI’s integrated digital banking platform allows for seamless mutual fund investments.
- SBI Mutual Fund Website: Direct investments can be made through the official website.
- Authorized Mutual Fund Distributors: Invest through registered intermediaries.
Note: Ensure KYC compliance before investing.
Also Read : mutf_in: sbi_cont_reg_us1q75
❓ Frequently Asked Questions (FAQs)
What is the investment strategy of SBI Contra Fund Direct Growth (mutf_in: sbi_cont_dir_1ru9enp)?
The fund follows a contrarian investment strategy, focusing on undervalued stocks with strong fundamentals that are currently out of favor in the market.
Who manages the SBI Contra Fund Direct Growth?
The fund is managed by Dinesh Balachandran since May 2018 and Pradeep Kesavan since December 2023.
How can I invest in the SBI Contra Fund Direct Growth?
Investments can be made through the YONO SBI App, the SBI Mutual Fund website, or authorized mutual fund distributors.
