Invesco India Contra Fund
Value & ContraVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹131.98-1.44%1 day
- Return since launch
- 14.2%
- 52-week range
- ₹116.54 — ₹139.91
- AUM
- ₹20,644 Cr
Invesco India Contra Fund is a Value & Contra equity fund from Invesco Mutual Fund with ₹20,644 Cr under management, launched in 2007. Over three years it has returned 4.7% a year, against 11.8% for its category. The expense ratio is 1.86% and the SEBI riskometer reading is Very High.
Performance
Invesco India Contra Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -1.8% against -0.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -1.2% | −2.1 pts | 0.9% | -2.9% |
| 2Y | 0.0% | −1.1 pts | 1.1% | 0.1% |
| 3Y | 4.7% | −7.1 pts | 11.8% | 3.4% |
| 5Y | 11.3% | −0.3 pts | 11.5% | 10.1% |
| 7Y | 14.4% | −0.4 pts | 14.8% | 13.9% |
| 10Y | 14.2% | +1.4 pts | 12.8% | 12.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.3% | −0.9 pts | -3.4% | -3.8% |
| 3M | -0.7% | +0.6 pts | -1.3% | -1.7% |
| 6M | 8.2% | +1.6 pts | 6.5% | 5.5% |
| 1Y | -1.8% | −2.7 pts | 0.9% | -0.7% |
| 2Y | -3.8% | −0.8 pts | -3.0% | -3.4% |
| 3Y | 12.9% | +1.1 pts | 11.8% | 11.0% |
| 5Y | 11.4% | −0.1 pts | 11.5% | 10.8% |
| 7Y | 16.1% | 0.0 pts | 16.1% | 15.0% |
| 10Y | 14.3% | +1.5 pts | 12.8% | 12.0% |
Since launch (15 Feb 2007): 14.2%
Calendar-year returns
Category average21.2%
29.6%
3.8%
28.8%
29.9%
3.1%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 3.1% | −2.6 pts | 5.8% |
| 2024 | 29.9% | +7.7 pts | 22.2% |
| 2023 | 28.8% | −6.5 pts | 35.3% |
| 2022 | 3.8% | −3.7 pts | 7.5% |
| 2021 | 29.6% | −8.0 pts | 37.6% |
| 2020 | 21.2% | +4.1 pts | 17.1% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.86%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.41%
- Brokerage
- 0.07%
- Transaction charges
- 0.00%
- Statutory levies
- 0.38%
- Exit load
- Exit load for units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE 500 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 3.02 | 5.39 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.01 | 0.98 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.63 | 0.77 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.79 | 1.08 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.90 | 16.29 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Invesco India Contra Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity99.0%
- Other1.0%
Market cap split
- Large55.5%
- Mid22.2%
- Small22.3%
- P/E
- 28.30
- P/B
- 3.53
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 6.06% | ₹1,250 Cr | +5.90% | +5.15% | +6.68% |
| Larsen & Toubro Ltd. | Construction | 4.86% | ₹1,002 Cr | +5.30% | +4.08% | +0.05% |
| State Bank of India | Financial | 3.16% | ₹652 Cr | +2.52% | — | — |
| Mahindra & Mahindra Ltd. | Automobile | 3.06% | ₹633 Cr | +3.47% | +3.79% | +3.61% |
| Coforge Ltd. | Technology | 2.65% | ₹548 Cr | +2.01% | +1.28% | +2.14% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.62% | ₹541 Cr | +2.29% | +2.53% | +1.97% |
| Infosys Ltd. | Technology | 2.56% | ₹528 Cr | +3.15% | +3.80% | +4.70% |
| FSN E-Commerce Ventures Ltd. | Services | 2.51% | ₹520 Cr | +1.20% | +1.18% | +1.06% |
| Axis Bank Ltd. | Financial | 2.36% | ₹486 Cr | +3.81% | +3.61% | +2.86% |
| Bharti Airtel Ltd. | Communication | 2.31% | ₹476 Cr | +2.46% | — | — |
| The Federal Bank Ltd. | Financial | 2.23% | ₹460 Cr | +2.00% | +2.03% | +1.46% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.09% | ₹431 Cr | +2.16% | +2.23% | +2.85% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 2.04% | ₹422 Cr | +1.98% | +1.98% | +0.01% |
| Prestige Estates Projects Ltd. | Construction | 2.02% | ₹417 Cr | +1.71% | +1.39% | +1.64% |
| Indusind Bank Ltd. | Financial | 1.96% | ₹404 Cr | +1.50% | +1.54% | +0.80% |
| Reliance Industries Ltd. | Energy | 1.90% | ₹392 Cr | +3.30% | +3.41% | — |
| Tata Motors Ltd. | Automobile | 1.90% | ₹393 Cr | +1.35% | +1.29% | — |
| TVS Motor Company Ltd. | Automobile | 1.73% | ₹356 Cr | +1.50% | +1.69% | +1.50% |
| Tech Mahindra Ltd. | Technology | 1.64% | ₹338 Cr | +2.06% | +1.34% | — |
| Kei Industries Ltd. | Capital Goods | 1.61% | ₹333 Cr | +1.96% | +1.84% | +1.45% |
| Delhivery Ltd. | Services | 1.60% | ₹331 Cr | +1.55% | +1.40% | +0.14% |
| Divi's Laboratories Ltd. | Healthcare | 1.57% | ₹323 Cr | +1.34% | +1.26% | +1.05% |
| Shyam Metalics And Energy Ltd. | Metals & Mining | 1.54% | ₹318 Cr | +1.75% | +1.52% | +1.16% |
| Samvardhana Motherson International Ltd. | Automobile | 1.53% | ₹316 Cr | +1.31% | +1.17% | +0.86% |
| Global Health Ltd. | Healthcare | 1.51% | ₹311 Cr | +1.28% | +1.20% | +1.40% |
| Meesho Ltd. | Services | 1.47% | ₹303 Cr | +1.10% | — | — |
| Jubilant FoodWorks Ltd. | Services | 1.44% | ₹296 Cr | +1.00% | +1.16% | +1.52% |
| Lupin Ltd. | Healthcare | 1.38% | ₹284 Cr | +0.32% | +0.32% | +0.28% |
| Kotak Mahindra Bank Ltd. | Financial | 1.34% | ₹277 Cr | +1.43% | +1.51% | +1.69% |
| Shriram Finance Ltd | Financial | 1.29% | ₹267 Cr | +0.71% | +0.79% | +0.45% |
| Tata Consultancy Services Ltd. | Technology | 1.29% | ₹267 Cr | — | — | — |
| RBL Bank Ltd. | Financial | 1.25% | ₹257 Cr | +1.20% | +1.08% | — |
| Bharat Electronics Ltd. | Capital Goods | 1.24% | ₹257 Cr | +1.85% | +1.96% | +1.71% |
| Multi Commodity Exchange Of India Ltd. | Services | 1.15% | ₹238 Cr | +1.24% | +1.09% | +0.98% |
| company:17868 | Financial | 1.15% | ₹237 Cr | — | — | — |
| Entero Healthcare Solutions Ltd. | Healthcare | 1.14% | ₹235 Cr | +0.97% | +0.82% | +0.98% |
| BSE Ltd. | Services | 1.13% | ₹234 Cr | +1.97% | +1.26% | +0.97% |
| Adani Enterprises Ltd. | Services | 1.09% | ₹226 Cr | — | — | — |
| Bank Of Baroda | Financial | 1.08% | ₹222 Cr | +1.28% | +1.38% | — |
| Swiggy Ltd. | Services | 1.08% | ₹223 Cr | +0.99% | +1.79% | +0.33% |
| Craftsman Automation Ltd. | Automobile | 1.07% | ₹221 Cr | +1.16% | +1.02% | +0.98% |
| Varun Beverages Ltd. | Consumer Staples | 1.04% | ₹216 Cr | +1.46% | +1.22% | +1.17% |
| Aditya Birla Sun Life AMC Ltd. | Financial | 1.02% | ₹211 Cr | +1.00% | — | — |
| company:1308 | Materials | 1.01% | ₹209 Cr | — | — | — |
| Aditya Birla Real Estate Ltd | Consumer Staples | 0.97% | ₹200 Cr | +0.76% | +0.67% | +0.89% |
| Cohance Lifesciences Ltd. | Healthcare | 0.97% | ₹200 Cr | +0.89% | +0.56% | +1.01% |
| Jyoti CNC Automation Ltd. | Capital Goods | 0.97% | ₹200 Cr | +0.61% | +0.58% | +0.67% |
| Others | Others | 0.97% | ₹201 Cr | -1.48% | -2.44% | -3.78% |
| Interglobe Aviation Ltd. | Services | 0.96% | ₹199 Cr | +0.99% | — | — |
| Mphasis Ltd. | Technology | 0.90% | ₹186 Cr | +0.52% | +0.50% | +0.66% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.89% | ₹184 Cr | +1.08% | +1.22% | +1.24% |
| Hindalco Industries Ltd. | Metals & Mining | 0.87% | ₹179 Cr | +0.86% | +0.69% | — |
| Honeywell Automation India Ltd. | Capital Goods | 0.84% | ₹174 Cr | +0.89% | +0.76% | +1.00% |
| company:15154 | Capital Goods | 0.83% | ₹172 Cr | — | — | — |
| Timken India Ltd. | Capital Goods | 0.80% | ₹166 Cr | +0.89% | +0.84% | +0.53% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.75% | ₹155 Cr | — | — | — |
| Aadhar Housing Finance Ltd | Financial | 0.71% | ₹146 Cr | +0.76% | +0.72% | +0.83% |
| Ultratech Cement Ltd. | Materials | 0.71% | ₹147 Cr | +1.00% | +0.90% | — |
| BlackBuck Ltd. | Services | 0.64% | ₹132 Cr | +0.60% | +0.67% | +0.77% |
| Wockhardt Ltd. | Healthcare | 0.60% | ₹124 Cr | +0.49% | +0.32% | +0.35% |
| Central Mine Planning & Design Institute Ltd. | Materials | 0.56% | ₹116 Cr | — | — | — |
| KNR Constructions Ltd. | Construction | 0.53% | ₹109 Cr | +0.51% | — | — |
| V-Mart Retail Ltd. | Services | 0.51% | ₹105 Cr | +0.42% | +0.34% | +0.48% |
| company:20327 | Automobile | 0.48% | ₹98.87 Cr | — | — | — |
| Orchid Pharma Ltd. | Healthcare | 0.47% | ₹96.19 Cr | +0.40% | +0.31% | +0.40% |
| SBI Life Insurance Company Ltd. | Insurance | 0.47% | ₹97.71 Cr | +0.80% | +0.87% | +0.81% |
| Sonata Software Ltd. | Technology | 0.44% | ₹90.30 Cr | +0.42% | +0.42% | +0.50% |
| Medplus Health Services Ltd. | Healthcare | 0.36% | ₹73.59 Cr | +0.50% | +0.47% | +0.49% |
| company:276 | Textiles | 0.32% | ₹65.19 Cr | — | — | — |
| Afcons Infrastructure Ltd. | Construction | 0.30% | ₹62.36 Cr | +0.38% | +0.32% | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.28% | ₹57.22 Cr | — | — | — |
| Britannia Industries Ltd. | Consumer Staples | 0.17% | ₹36.00 Cr | +0.47% | +0.43% | +0.55% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.03% | ₹6.42 Cr | +0.03% | +0.03% | +0.04% |
| TVS Motor Company Ltd - Pref. Shares | Automobile | 0.02% | ₹3.69 Cr | +0.02% | +0.02% | +0.02% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:17868 | 0.00% | 1.15% | +1.15% |
| company:1308 | 0.00% | 1.01% | +1.01% |
| Hindustan Petroleum Corporation Ltd. | 0.98% | 0.00% | -0.98% |
| Ambuja Cements Ltd. | 0.89% | 0.00% | -0.89% |
| company:15154 | 0.00% | 0.83% | +0.83% |
| Mahindra & Mahindra Ltd. | 3.56% | 3.06% | -0.50% |
| company:20327 | 0.00% | 0.48% | +0.48% |
| BSE Ltd. | 1.55% | 1.13% | -0.42% |
| Bharat Electronics Ltd. | 1.65% | 1.24% | -0.41% |
| ICICI Bank Ltd. | 6.43% | 6.06% | -0.37% |
| SBI Life Insurance Company Ltd. | 0.80% | 0.47% | -0.33% |
| company:276 | 0.00% | 0.32% | +0.32% |
| Ultratech Cement Ltd. | 1.01% | 0.71% | -0.30% |
| Britannia Industries Ltd. | 0.47% | 0.17% | -0.30% |
| Coforge Ltd. | 2.36% | 2.65% | +0.29% |
| Bharti Airtel Ltd. | 2.58% | 2.31% | -0.27% |
| State Bank of India | 2.91% | 3.16% | +0.25% |
| Divi's Laboratories Ltd. | 1.37% | 1.57% | +0.20% |
| Others | -0.90% | -0.74% | +0.16% |
| Craftsman Automation Ltd. | 1.23% | 1.07% | -0.16% |
| Entero Healthcare Solutions Ltd. | 0.98% | 1.14% | +0.16% |
| Jyoti CNC Automation Ltd. | 0.81% | 0.97% | +0.16% |
| Glenmark Pharmaceuticals Ltd. | 1.89% | 2.04% | +0.15% |
| Axis Bank Ltd. | 2.51% | 2.36% | -0.15% |
| Varun Beverages Ltd. | 1.19% | 1.04% | -0.15% |
| Samvardhana Motherson International Ltd. | 1.39% | 1.53% | +0.14% |
| Delhivery Ltd. | 1.74% | 1.60% | -0.14% |
| Aditya Birla Real Estate Ltd | 0.84% | 0.97% | +0.13% |
| Meesho Ltd. | 1.34% | 1.47% | +0.13% |
| Shyam Metalics And Energy Ltd. | 1.67% | 1.54% | -0.13% |
| Cohance Lifesciences Ltd. | 0.85% | 0.97% | +0.12% |
| Multi Commodity Exchange Of India Ltd. | 1.03% | 1.15% | +0.12% |
| Central Mine Planning & Design Institute Ltd. | 0.45% | 0.56% | +0.11% |
| Reliance Industries Ltd. | 2.00% | 1.90% | -0.10% |
| Honeywell Automation India Ltd. | 0.93% | 0.84% | -0.09% |
| Adani Enterprises Ltd. | 1.18% | 1.09% | -0.09% |
| Tata Motors Ltd. | 1.81% | 1.90% | +0.09% |
| Apollo Hospitals Enterprise Ltd. | 2.16% | 2.09% | -0.07% |
| Prestige Estates Projects Ltd. | 1.95% | 2.02% | +0.07% |
| The Federal Bank Ltd. | 2.30% | 2.23% | -0.07% |
| Aadhar Housing Finance Ltd | 0.77% | 0.71% | -0.06% |
| Cholamandalam Investment and Finance Company Ltd. | 2.68% | 2.62% | -0.06% |
| Infosys Ltd. | 2.62% | 2.56% | -0.06% |
| Kotak Mahindra Bank Ltd. | 1.28% | 1.34% | +0.06% |
| Sonata Software Ltd. | 0.50% | 0.44% | -0.06% |
| ICICI Lombard General Insurance Company Ltd. | 0.95% | 0.89% | -0.06% |
| Timken India Ltd. | 0.75% | 0.80% | +0.05% |
| Bank Of Baroda | 1.12% | 1.08% | -0.04% |
| BlackBuck Ltd. | 0.60% | 0.64% | +0.04% |
| Global Health Ltd. | 1.47% | 1.51% | +0.04% |
| Indusind Bank Ltd. | 2.00% | 1.96% | -0.04% |
| Jubilant FoodWorks Ltd. | 0.50% | 0.54% | +0.04% |
| Shriram Finance Ltd | 1.25% | 1.29% | +0.04% |
| Swiggy Ltd. | 1.12% | 1.08% | -0.04% |
| Wockhardt Ltd. | 0.64% | 0.60% | -0.04% |
| TVS Motor Company Ltd. | 1.76% | 1.73% | -0.03% |
| Torrent Pharmaceuticals Ltd. | 0.78% | 0.75% | -0.03% |
| V-Mart Retail Ltd. | 0.48% | 0.51% | +0.03% |
| Interglobe Aviation Ltd. | 0.98% | 0.96% | -0.02% |
| KNR Constructions Ltd. | 0.55% | 0.53% | -0.02% |
| Lupin Ltd. | 0.17% | 0.15% | -0.02% |
| Medplus Health Services Ltd. | 0.38% | 0.36% | -0.02% |
| Orchid Pharma Ltd. | 0.49% | 0.47% | -0.02% |
| Tata Consultancy Services Ltd. | 1.31% | 1.29% | -0.02% |
| Oil And Natural Gas Corporation Ltd. | 0.30% | 0.28% | -0.02% |
| Kei Industries Ltd. | 1.63% | 1.61% | -0.02% |
| Aditya Birla Sun Life AMC Ltd. | 1.01% | 1.02% | +0.01% |
| Afcons Infrastructure Ltd. | 0.29% | 0.30% | +0.01% |
| FSN E-Commerce Ventures Ltd. | 0.73% | 0.72% | -0.01% |
| Hindalco Industries Ltd. | 0.86% | 0.87% | +0.01% |
| RBL Bank Ltd. | 1.26% | 1.25% | -0.01% |
| Crompton Greaves Consumer Electricals Ltd. | 0.04% | 0.03% | -0.01% |
| Tech Mahindra Ltd. | 0.21% | 0.20% | -0.01% |
| Larsen & Toubro Ltd. | 4.86% | 4.86% | 0.00% |
| Mphasis Ltd. | 0.26% | 0.26% | 0.00% |
| TVS Motor Company Ltd - Pref. Shares | 0.02% | 0.02% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,929 Cr | 2.46% | 10.4% | 10.2% | 14.1% |
 HDFC Value Fund | ₹8,266 Cr | 1.88% | 4.1% | 8.1% | 13.1% |
 DSP Value Fund | ₹2,220 Cr | 2.40% | 2.9% | 9.6% | 13.6% |
 Quant Value Fund | ₹1,978 Cr | 2.46% | 10.4% | 9.0% | — |
 Axis Value Fund | ₹1,880 Cr | 2.27% | 6.6% | 9.5% | — |
 LIC MF Value Fund | ₹302 Cr | 3.30% | 28.1% | 14.8% | 15.7% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate capital appreciation by investing predominantly in Equity and Equity Related Instruments through contrarian investing.
Fund managers
- Taher BadshahMr. Taher Badshah is a B.E (Electronics) and MMS (Finance) from University of Mumbai.Prior to joining Invesco Asset Management Pvt. Ltd. he has worked with Motilal Oswal Asset Management Company Ltd., Aditya Birla Sun Life Mutual Fund, Kotak Mahindra and ICICI Prudential AMC.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months8.17% absolute | ₹60,000 | ₹64,902 | 8.17% | |
| 1 year−1.77% annualised | ₹1,20,000 | ₹1,18,856 | −0.95% | |
| 3 years12.93% annualised | ₹3,60,000 | ₹4,41,671 | 22.69% | |
| 5 years11.36% annualised | ₹6,00,000 | ₹8,10,444 | 35.07% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Invesco India Contra Fund?
The NAV of Invesco India Contra Fund is ₹131.98 as on 24 Sep 2026.
What is the expense ratio of Invesco India Contra Fund?
The expense ratio of Invesco India Contra Fund is 1.86% per year.
What is the minimum SIP amount for Invesco India Contra Fund?
You can start a SIP in Invesco India Contra Fund with ₹3,000 a month.
What returns has Invesco India Contra Fund given?
Invesco India Contra Fund has returned -1.2% over 1 year, 4.7% over 3 years and 11.3% over 5 years (annualised).
Is there a lock-in or exit load on Invesco India Contra Fund?
Lock-in: None. Exit load: Exit load for units in excess of 10% of the investment, 1% will be charged for redemption within 1 year..
How risky is Invesco India Contra Fund?
Invesco India Contra Fund is rated Very High on the SEBI riskometer and belongs to the Value & Contra category.
Which fund house manages Invesco India Contra Fund?
Invesco India Contra Fund is managed by Invesco Mutual Fund, which runs 44 schemes with ₹1,46,718 Cr under management.