GMP IPO Watch
Equity Scheme - Contra Fund
SBI CONTRA FUND
Regular Plan · IDCW · SBI Mutual Fund
Risk: Very High Risk
52W Low ₹60.16 31 Mar 2026
52W High ₹69.64 2 Jan 2026
₹63.9448
NAV as of 4 Nov 2026
+1.08% day change
Other Plans of This Fund
ISININF200K01347
Scheme Code100915
StructureOpen Ended Schemes
Fund HouseSBI Funds Management Limited
AUM (avg. July - September 2026)₹802.69 Cr
Expense Ratio (as of 3 Nov 2026)1.62%
Min. Investment₹2,000
Inception Date6 May 2005
BenchmarkS&P BSE 500 Index · NA
Portfolio Turnover45.13%
NFO Period04-Jun-1999 – 03-Jul-1999
Returns
1Y
-7.20%
3Y
+9.79%
5Y
+12.53%
7Y
+19.71%
10Y
+11.91%
Since Inception
+3.91%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +3.12% | +3.52% | 4 of 6 |
| 1M | +1.99% | +2.90% | 4 of 5 |
| 3M | -5.13% | -3.48% | 3 of 4 |
| 6M | -2.03% | -0.13% | 3 of 3 |
| YTD | -8.51% | -3.78% | 5 of 6 |
| 1Y | -7.20% | -8.49% | 2 of 3 |
| 2Y | -1.99% | -2.39% | 2 of 3 |
| 3Y | +9.79% | +10.78% | 2 of 3 |
| 5Y | +12.53% | +10.22% | 1 of 3 |
| 7Y | +19.71% | +14.91% | 1 of 3 |
| 10Y | +11.91% | +9.83% | 1 of 3 |
| INCEPTION | +3.91% | — | — |
Ranked among: Equity Scheme - Contra Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +2.07% | +83.21% | -38.59% | 56% | 21% |
| 6M | +4.25% | +74.67% | -54.22% | 57% | 21% |
| 1Y | +8.62% | +122.71% | -60.41% | 58% | 21% |
| 2Y | +6.29% | +68.89% | -27.71% | 57% | 22% |
| 3Y | +6.47% | +48.19% | -17.78% | 57% | 23% |
| 5Y | +5.72% | +39.01% | -15.87% | 58% | 23% |
| 7Y | +4.87% | +22.02% | -9.69% | 61% | 25% |
| 10Y | +4.42% | +15.51% | -7.21% | 60% | 24% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity89.58%
- Debt2.24%
- Cash5.87%
- Other2.31%
Market Cap Split
- Large Cap50.21%
- Mid Cap25.55%
- Small Cap13.82%
- Others10.42%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 18.40 | 24.13 |
| P/B | 2.14 | 3.34 |
| Price / Sales | 1.75 | 3.18 |
| Price / Cash Flow | 11.34 | 19.45 |
| Dividend Yield (%) | 1.89 | 1.26 |
Holdings93
Top 5 Stocks20.26%
Top 10 Stocks32.77%
Top 3 Sectors32.65%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| TREPS | Reverse Repo / TREPS | 6.40% | — |
| HDFC Bank | Banks | 4.79% | +0.25% |
| Reliance Industries | Petroleum Products | 4.67% | -0.08% |
| ICICI Bank | Banks | 4.36% | -0.19% |
| Biocon | Pharmaceuticals & Biotechnology | 3.29% | -0.18% |
| Kotak Bank | Banks | 3.15% | +0.28% |
| Punjab National Bank | Banks | 2.91% | +0.13% |
| Indus Towers | Telecom - Services | 2.66% | +0.04% |
| Torrent Power | Power | 2.48% | +0.19% |
| GAIL | Gas | 2.33% | +0.04% |
| Tata Steel | Ferrous Metals | 2.13% | +0.11% |
| M&M Financial Services | Finance | 1.95% | -0.17% |
| ITC | Diversified FMCG | 1.81% | +0.14% |
| Tech Mahindra | IT - Software | 1.79% | -0.02% |
| State Bank of India | Banks | 1.60% | -0.07% |
View all 100 holdings
| Dabur India | Personal Products | 1.59% | +0.08% |
| JSW Infrastructure | Transport Infrastructure | 1.58% | +0.15% |
| Nykaa | Retailing | 1.58% | -0.05% |
| Bandhan Bank | Banks | 1.46% | +0.14% |
| Aster DM Quality Care | Equity | 1.42% | -0.04% |
| Bajaj Auto | Automobiles | 1.35% | -0.07% |
| Axis Bank | Banks | 1.33% | -0.01% |
| Cognizant Technology Solutions Corporation | IT - Services | 1.32% | -0.08% |
| Delhivery | Transport Services | 1.26% | -0.07% |
| Bharti Airtel | Telecom - Services | 1.23% | +0.03% |
| Samvardhana Motherson International | Auto Components | 1.21% | +0.02% |
| Oil & Natural Gas Corporation | Oil | 1.20% | +0.04% |
| Hindalco Industries | Non - Ferrous Metals | 1.18% | -0.02% |
| Tata Motors | Agricultural, Commercial & Construction Vehicles | 1.16% | -0.07% |
| Cipla | Pharmaceuticals & Biotechnology | 1.15% | +0.01% |
| NHPC | Power | 1.08% | +0.00% |
| Indian Oil Corporation | Petroleum Products | 1.08% | +0.03% |
| ICICI Prudential Life Insurance | Insurance | 1.08% | -0.11% |
| UPL | Fertilizers & Agrochemicals | 1.05% | +0.02% |
| Epam Systems Inc | IT - Services | 1.05% | -0.02% |
| Maruti Suzuki | Automobiles | 1.04% | -0.08% |
| Tata Motors Passenger Vehicles | Automobiles | 1.03% | -0.03% |
| One 97 Communications | Financial Technology (Fintech) | 1.02% | +0.03% |
| Embassy Office Parks REIT | Realty | 1.01% | +0.04% |
| Swiggy | Retailing | 1.00% | — |
| 364TB61126 | Money Market | 0.94% | +0.06% |
| United Spirits | Beverages | 0.88% | -0.04% |
| Larsen & Toubro | Construction | 0.84% | -0.01% |
| JSW Energy | Power | 0.83% | +0.01% |
| JSW Steel | Ferrous Metals | 0.81% | +0.01% |
| Whirlpool | Consumer Durables | 0.80% | +0.12% |
| Grasim Industries | Cement & Cement Products | 0.76% | -0.03% |
| Mankind Pharma | Pharmaceuticals & Biotechnology | 0.74% | +0.06% |
| Gland Pharma | Pharmaceuticals & Biotechnology | 0.72% | +0.05% |
| Neogen Chemicals | Chemicals & Petrochemicals | 0.68% | +0.10% |
| Prism Johnson | Cement & Cement Products | 0.68% | +0.02% |
| Grindwell Norton | Industrial Products | 0.66% | +0.02% |
| 91TB191126 | Money Market | 0.66% | +0.04% |
| Apar Industries | Electrical Equipment | 0.65% | +0.02% |
| CESC | Power | 0.65% | -0.02% |
| Nuvoco Vistas Corporation | Cement & Cement Products | 0.63% | +0.07% |
| Ashiana Housing | Realty | 0.62% | +0.07% |
| Infosys | IT - Software | 0.61% | -0.05% |
| Petronet LNG | Gas | 0.60% | -0.08% |
| LIC of India | Insurance | 0.54% | +0.00% |
| Wipro | IT - Software | 0.53% | — |
| Hero Motocorp | Automobiles | 0.52% | +0.01% |
| Equitas Small Finance Bank | Banks | 0.51% | +0.00% |
| Carborundum Universal | Industrial Products | 0.50% | +0.08% |
| NMDC | Minerals & Mining | 0.48% | -0.05% |
| KPR Mill | Textiles & Apparels | 0.46% | -0.01% |
| Lupin | Pharmaceuticals & Biotechnology | 0.45% | -0.01% |
| 91TB311226 | Money Market | 0.44% | — |
| Tata Consultancy Services | IT - Software | 0.42% | -0.05% |
| Rallis | Fertilizers & Agrochemicals | 0.41% | +0.01% |
| Ramco Cements | Cement & Cement Products | 0.40% | +0.01% |
| ACC | Cement & Cement Products | 0.39% | +0.00% |
| HDFC AMC | Capital Markets | 0.33% | -0.03% |
| GR Infraprojects | Construction | 0.32% | -0.01% |
| Wendt | Industrial Products | 0.31% | +0.02% |
| EID Parry | Food Products | 0.31% | -0.03% |
| DISA | Industrial Manufacturing | 0.30% | +0.01% |
| Indian Energy Exchange | Capital Markets | 0.27% | -0.01% |
| Timken | Industrial Products | 0.25% | +0.01% |
| Syngene International | Equity | 0.23% | -0.01% |
| Ingersoll Rand | Industrial Products | 0.21% | -0.02% |
| HCL Technologies | IT - Software | 0.21% | +0.00% |
| Aurobindo Pharma | Pharmaceuticals & Biotechnology | 0.18% | -0.38% |
| V-Guard Industries | Consumer Durables | 0.18% | -0.02% |
| Sanofi | Pharmaceuticals & Biotechnology | 0.17% | +0.00% |
| 182TB51126 | Money Market | 0.17% | +0.01% |
| Gateway Distriparks | Transport Services | 0.11% | +0.00% |
| Bank of India | Banks | 0.09% | -0.01% |
| Greenply Industries | Consumer Durables | 0.09% | +0.01% |
| Motherson Sumi Wiring | Auto Components | 0.08% | +0.00% |
| Automotive Axles | Auto Components | 0.08% | +0.01% |
| Sula Vineyards | Beverages | 0.06% | +0.00% |
| Margin amount for Derivative positions | Net Current Assets | 0.04% | — |
| 364T191126 | Money Market | 0.03% | +0.00% |
| NMDC Steel | Ferrous Metals | 0.02% | -0.01% |
| Tata Steel Ltd. (CALL Option) | Ferrous Metals | 0.00% | — |
| HDFC Bank Ltd. (CALL Option) | Banks | -0.01% | — |
| Tech Mahindra Ltd. (CALL Option) | IT - Software | -0.02% | — |
| Kotak Mahindra Bank Ltd. (CALL Option) | Banks | -0.03% | — |
| Net Receivable / Payable | Net Current Assets | -0.57% | — |
Sector Allocation · Sep 2026
View all 36 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 12.33 | 14.85 | Low Volatility |
| 3Y | 12.60 | 14.33 | Low Volatility |
| 5Y | 12.64 | 14.20 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.96 | -0.84 | Below Average |
| 3Y | 0.32 | -0.06 | Above Average |
| 5Y | 0.54 | 0.36 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.72 | -0.67 | Below Average |
| 3Y | 1.10 | 1.09 | Above Average |
| 5Y | 1.38 | 1.06 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.85 | 0.96 | Good Risk Adjusted Returns |
| 3Y | 0.90 | 0.98 | Good Risk Adjusted Returns |
| 5Y | 0.87 | 0.95 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Kotak Contra Fund
Regular Plan · IDCW - Payout & Re-investment of Income Distribution cum capital withdrawal option
|
-4.56% | +12.97% | +11.68% | +6.42% |
|
Invesco India Contra Fund
Regular Plan · IDCW
|
-13.70% | +9.57% | +6.46% | +8.38% |
|
ICICI Prudential Contra Fund
Direct Plan · Growth
|
— | — | — | +15.19% |
|
Bandhan Contra Fund
Regular Plan · Growth
|
— | — | — | -1.91% |
|
Motilal Oswal Contra Fund
Direct Plan · Payout/Reinvestment
|
— | — | — | +15.59% |
More From SBI Funds Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
SBI Silver ETF Fund of Fund
Direct Plan · Growth
|
+26.44% | — | — | +34.72% |
|
SBI Silver ETF
Regular Plan · Growth
|
+26.42% | — | — | +34.10% |
|
SBI Automotive Opportunities Fund
Direct Plan · Growth
|
+22.38% | — | — | +11.34% |
|
SBI HEALTHCARE OPPORTUNITIES FUND
Direct Plan · Growth
|
+19.90% | +25.12% | +19.50% | +18.09% |
|
SBI GOLD FUND
Direct Plan · IDCW
|
+16.75% | +30.91% | +23.28% | +10.52% |
|
SBI Gold ETF
Regular Plan · Growth
|
+16.74% | +30.67% | +23.17% | +12.71% |
|
SBI US Specific Equity Active FoF
Direct Plan · IDCW
|
+13.48% | +25.68% | +15.32% | +17.28% |
|
SBI MNC FUND
Direct Plan · Growth
|
+12.26% | +7.58% | +7.60% | +14.39% |
|
SBI CHILDREN'S FUND - SAVINGS PLAN
Direct Plan · Growth
|
+7.89% | +11.10% | +10.14% | +11.88% |
|
SBI Children's Fund - Investment Plan
Direct Plan · Growth
|
+7.83% | +20.32% | +17.52% | +30.91% |
About This Scheme
Investment Objective
Equity
Stated Asset Allocation
Equity and equity related instruments of companies which follow the contrarian investment theme (including derivatives) 65%-100% High Other equities and equity related instruments 0%-35% High Units issued by REIT/InVIT* 0%-10% Medium to High Debt instruments (including securitized debt) 0%-35% Medium Money market instruments 0%-35% Low
Fund Managers
Mr. Dinesh Balachandran 05-May-2018
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
SBI Funds Management Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.