Invesco India Contra Fund
Value & ContraVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹137.84+0.84%1 day
- Return since launch
- 14.3%
- 52-week range
- ₹116.54 — ₹139.91
- AUM
- ₹19,229 Cr
Invesco India Contra Fund is a Value & Contra equity fund from Invesco Mutual Fund with ₹19,229 Cr under management, launched in 2007. Over three years it has returned 6.3% a year, against 12.3% for its category. The expense ratio is 1.85% 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 +0.3% against -0.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 7.8% | +6.7 pts | 1.1% | 3.2% |
| 2Y | 4.5% | +0.6 pts | 3.9% | 3.1% |
| 3Y | 6.3% | −6.0 pts | 12.3% | 4.3% |
| 5Y | 12.1% | +0.8 pts | 11.3% | 10.4% |
| 7Y | 14.8% | 0.0 pts | 14.8% | 13.8% |
| 10Y | 14.6% | +1.4 pts | 13.2% | 13.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 8.3% | +2.5 pts | 5.9% | 6.3% |
| 3M | -0.1% | +1.1 pts | -1.1% | -1.5% |
| 6M | 6.6% | +4.0 pts | 2.6% | 2.1% |
| 1Y | 0.7% | −0.3 pts | 1.1% | -0.2% |
| 2Y | 1.5% | 0.0 pts | 1.5% | 1.1% |
| 3Y | 14.5% | +2.2 pts | 12.3% | 11.7% |
| 5Y | 11.3% | 0.0 pts | 11.3% | 10.6% |
| 7Y | 16.2% | +0.1 pts | 16.1% | 15.0% |
| 10Y | 14.9% | +1.6 pts | 13.2% | 12.3% |
Since launch (15 Feb 2007): 14.3%
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
1.83%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.41%
- Brokerage
- 0.06%
- Transaction charges
- 0.00%
- Statutory levies
- 0.36%
- 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 | 2.84 | 5.32 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.02 | 0.98 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.49 | 0.64 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.63 | 0.92 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 16.39 | 16.67 | 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 30 Sep 2026
Asset allocation
- Equity98.5%
- Other1.5%
Market cap split
- Large54.8%
- Mid21.8%
- Small23.3%
- P/E
- 26.43
- P/B
- 3.31
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 5.90% | ₹1,136 Cr | +6.30% | +5.08% | +6.38% |
| Larsen & Toubro Ltd. | Construction | 4.84% | ₹932 Cr | +5.25% | +3.77% | +0.05% |
| State Bank of India | Financial | 3.07% | ₹591 Cr | +2.62% | — | — |
| Mahindra & Mahindra Ltd. | Automobile | 2.95% | ₹569 Cr | +3.41% | +3.72% | +3.97% |
| FSN E-Commerce Ventures Ltd. | Services | 2.50% | ₹480 Cr | +1.38% | +1.18% | +1.06% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.45% | ₹472 Cr | +2.61% | +2.23% | +2.45% |
| Bharti Airtel Ltd. | Communication | 2.40% | ₹462 Cr | +2.43% | +2.65% | — |
| Axis Bank Ltd. | Financial | 2.38% | ₹459 Cr | +3.89% | +3.42% | +3.07% |
| Infosys Ltd. | Technology | 2.16% | ₹416 Cr | +3.04% | +4.33% | +4.77% |
| The Federal Bank Ltd. | Financial | 2.13% | ₹410 Cr | +2.23% | +1.99% | +1.46% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.06% | ₹396 Cr | +2.23% | +2.16% | +2.75% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 2.06% | ₹397 Cr | +1.88% | +2.05% | +0.01% |
| Coforge Ltd. | Technology | 2.02% | ₹390 Cr | +2.02% | +1.57% | +2.07% |
| Meesho Ltd. | Services | 1.98% | ₹381 Cr | +1.42% | — | — |
| Prestige Estates Projects Ltd. | Construction | 1.96% | ₹378 Cr | +1.91% | +1.27% | +1.57% |
| Reliance Industries Ltd. | Energy | 1.89% | ₹364 Cr | +3.16% | +3.71% | — |
| Indusind Bank Ltd. | Financial | 1.86% | ₹358 Cr | +1.48% | +1.37% | +0.79% |
| Tata Motors Ltd. | Automobile | 1.83% | ₹352 Cr | +1.76% | +1.33% | — |
| Divi's Laboratories Ltd. | Healthcare | 1.65% | ₹317 Cr | +1.29% | +1.32% | +0.97% |
| Tech Mahindra Ltd. | Technology | 1.65% | ₹317 Cr | +2.40% | +1.98% | — |
| Shyam Metalics And Energy Ltd. | Metals & Mining | 1.61% | ₹310 Cr | +1.67% | +1.54% | +1.16% |
| Samvardhana Motherson International Ltd. | Automobile | 1.57% | ₹302 Cr | +1.37% | +1.04% | +0.97% |
| TVS Motor Company Ltd. | Automobile | 1.56% | ₹299 Cr | +1.51% | +1.66% | +1.56% |
| Delhivery Ltd. | Services | 1.54% | ₹297 Cr | +1.58% | +1.52% | +0.59% |
| Others | Others | 1.53% | ₹291 Cr | -1.30% | -2.92% | -4.42% |
| Global Health Ltd. | Healthcare | 1.49% | ₹287 Cr | +1.38% | +1.14% | +1.33% |
| Kotak Mahindra Bank Ltd. | Financial | 1.43% | ₹275 Cr | +1.42% | +1.45% | +1.70% |
| Jubilant FoodWorks Ltd. | Services | 1.42% | ₹274 Cr | +0.96% | +1.10% | +1.48% |
| RBL Bank Ltd. | Financial | 1.42% | ₹273 Cr | +1.25% | +1.11% | — |
| Lupin Ltd. | Healthcare | 1.37% | ₹264 Cr | +0.34% | +0.36% | +0.28% |
| Shriram Finance Ltd | Financial | 1.36% | ₹262 Cr | +0.76% | +0.72% | +0.47% |
| Kei Industries Ltd. | Capital Goods | 1.34% | ₹259 Cr | +1.97% | +1.66% | +1.54% |
| Bharat Electronics Ltd. | Capital Goods | 1.25% | ₹241 Cr | +1.81% | +2.00% | +1.86% |
| Varun Beverages Ltd. | Consumer Staples | 1.21% | ₹233 Cr | +1.37% | +1.17% | +1.19% |
| Multi Commodity Exchange Of India Ltd. | Services | 1.20% | ₹231 Cr | +1.16% | +1.20% | +1.03% |
| Adani Enterprises Ltd. | Services | 1.19% | ₹229 Cr | — | — | — |
| Tata Consultancy Services Ltd. | Technology | 1.19% | ₹228 Cr | — | — | — |
| Bank Of Baroda | Financial | 1.12% | ₹215 Cr | +1.27% | +1.20% | — |
| Jyoti CNC Automation Ltd. | Capital Goods | 1.08% | ₹209 Cr | +0.78% | +0.57% | +0.62% |
| Craftsman Automation Ltd. | Automobile | 1.07% | ₹206 Cr | +1.18% | +1.07% | +0.96% |
| KFin Technologies Ltd. | Financial | 1.07% | ₹205 Cr | — | — | — |
| Entero Healthcare Solutions Ltd. | Healthcare | 1.06% | ₹204 Cr | +0.94% | +1.11% | +0.92% |
| Aditya Birla Sun Life AMC Ltd. | Financial | 1.04% | ₹199 Cr | +1.06% | — | — |
| Swiggy Ltd. | Services | 1.03% | ₹198 Cr | +0.58% | +1.74% | +0.34% |
| Cohance Lifesciences Ltd. | Healthcare | 1.01% | ₹195 Cr | +0.92% | +0.61% | +1.52% |
| Grasim Industries Ltd. | Materials | 0.99% | ₹190 Cr | — | — | — |
| Interglobe Aviation Ltd. | Services | 0.98% | ₹189 Cr | +1.39% | +0.73% | — |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.97% | ₹187 Cr | +1.02% | +1.24% | +1.26% |
| BSE Ltd. | Services | 0.96% | ₹185 Cr | +1.79% | +1.41% | +0.93% |
| Bharat Dynamics Ltd. | Capital Goods | 0.93% | ₹179 Cr | — | — | — |
| Aditya Birla Real Estate Ltd | Consumer Staples | 0.87% | ₹167 Cr | +0.79% | +0.66% | +0.85% |
| Hindalco Industries Ltd. | Metals & Mining | 0.86% | ₹166 Cr | +0.71% | +0.75% | — |
| Mphasis Ltd. | Technology | 0.86% | ₹165 Cr | +0.48% | +0.52% | +0.62% |
| Timken India Ltd. | Capital Goods | 0.86% | ₹165 Cr | +0.84% | +0.88% | +0.75% |
| Honeywell Automation India Ltd. | Capital Goods | 0.85% | ₹164 Cr | +0.97% | +0.73% | +0.92% |
| Central Mine Planning & Design Institute Ltd. | Materials | 0.77% | ₹149 Cr | — | — | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.76% | ₹147 Cr | — | — | — |
| National Stock Exchange | Financial | 0.72% | ₹138 Cr | — | — | — |
| Wockhardt Ltd. | Healthcare | 0.72% | ₹139 Cr | +0.64% | +0.31% | +0.37% |
| Aadhar Housing Finance Ltd | Financial | 0.71% | ₹136 Cr | +0.80% | +0.79% | +0.83% |
| BlackBuck Ltd. | Services | 0.70% | ₹135 Cr | +0.61% | +0.75% | +0.74% |
| KNR Constructions Ltd. | Construction | 0.56% | ₹107 Cr | +0.60% | — | — |
| Orchid Pharma Ltd. | Healthcare | 0.51% | ₹98.78 Cr | +0.48% | +0.27% | +0.38% |
| SBI Life Insurance Company Ltd. | Insurance | 0.49% | ₹95.24 Cr | +0.76% | +0.86% | +0.80% |
| Tenneco Clean Air India Ltd | Automobile | 0.49% | ₹94.92 Cr | — | — | — |
| V-Mart Retail Ltd. | Services | 0.48% | ₹93.09 Cr | +0.48% | +0.33% | +0.46% |
| Sonata Software Ltd. | Technology | 0.41% | ₹79.62 Cr | +0.41% | +0.37% | +0.49% |
| Medplus Health Services Ltd. | Healthcare | 0.37% | ₹71.69 Cr | +0.44% | +0.52% | +0.43% |
| GMM Pfaudler Ltd. | Capital Goods | 0.35% | ₹68.24 Cr | — | — | — |
| Arvind Ltd. | Textiles | 0.33% | ₹63.34 Cr | — | — | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.29% | ₹55.74 Cr | +0.29% | — | — |
| Afcons Infrastructure Ltd. | Construction | 0.28% | ₹54.09 Cr | +0.34% | +0.34% | +0.52% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.03% | ₹5.75 Cr | +0.04% | +0.03% | +0.03% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| National Stock Exchange | 0.00% | 0.72% | +0.72% |
| Ultratech Cement Ltd. | 0.71% | 0.00% | -0.71% |
| Coforge Ltd. | 2.65% | 2.02% | -0.63% |
| Meesho Ltd. | 1.47% | 1.98% | +0.51% |
| Infosys Ltd. | 2.56% | 2.16% | -0.40% |
| GMM Pfaudler Ltd. | 0.00% | 0.35% | +0.35% |
| Kei Industries Ltd. | 1.61% | 1.34% | -0.27% |
| Central Mine Planning & Design Institute Ltd. | 0.56% | 0.77% | +0.21% |
| Britannia Industries Ltd. | 0.17% | 0.00% | -0.17% |
| BSE Ltd. | 1.13% | 0.96% | -0.17% |
| Cholamandalam Investment and Finance Company Ltd. | 2.62% | 2.45% | -0.17% |
| RBL Bank Ltd. | 1.25% | 1.42% | +0.17% |
| TVS Motor Company Ltd. | 1.73% | 1.56% | -0.17% |
| Varun Beverages Ltd. | 1.04% | 1.21% | +0.17% |
| ICICI Bank Ltd. | 6.06% | 5.90% | -0.16% |
| Wockhardt Ltd. | 0.60% | 0.72% | +0.12% |
| Jyoti CNC Automation Ltd. | 0.97% | 1.08% | +0.11% |
| Mahindra & Mahindra Ltd. | 3.06% | 2.95% | -0.11% |
| Bharat Dynamics Ltd. | 0.83% | 0.93% | +0.10% |
| Tata Consultancy Services Ltd. | 1.29% | 1.19% | -0.10% |
| The Federal Bank Ltd. | 2.23% | 2.13% | -0.10% |
| Aditya Birla Real Estate Ltd | 0.97% | 0.87% | -0.10% |
| Adani Enterprises Ltd. | 1.09% | 1.19% | +0.10% |
| Indusind Bank Ltd. | 1.96% | 1.86% | -0.10% |
| State Bank of India | 3.16% | 3.07% | -0.09% |
| Bharti Airtel Ltd. | 2.31% | 2.40% | +0.09% |
| Kotak Mahindra Bank Ltd. | 1.34% | 1.43% | +0.09% |
| ICICI Lombard General Insurance Company Ltd. | 0.89% | 0.97% | +0.08% |
| Divi's Laboratories Ltd. | 1.57% | 1.65% | +0.08% |
| Entero Healthcare Solutions Ltd. | 1.14% | 1.06% | -0.08% |
| KFin Technologies Ltd. | 1.15% | 1.07% | -0.08% |
| Shriram Finance Ltd | 1.29% | 1.36% | +0.07% |
| Shyam Metalics And Energy Ltd. | 1.54% | 1.61% | +0.07% |
| Tata Motors Ltd. | 1.90% | 1.83% | -0.07% |
| Delhivery Ltd. | 1.60% | 1.54% | -0.06% |
| Prestige Estates Projects Ltd. | 2.02% | 1.96% | -0.06% |
| BlackBuck Ltd. | 0.64% | 0.70% | +0.06% |
| Timken India Ltd. | 0.80% | 0.86% | +0.06% |
| Multi Commodity Exchange Of India Ltd. | 1.15% | 1.20% | +0.05% |
| Swiggy Ltd. | 1.08% | 1.03% | -0.05% |
| Bank Of Baroda | 1.08% | 1.12% | +0.04% |
| Cohance Lifesciences Ltd. | 0.97% | 1.01% | +0.04% |
| Orchid Pharma Ltd. | 0.47% | 0.51% | +0.04% |
| Others | -0.74% | -0.70% | +0.04% |
| Samvardhana Motherson International Ltd. | 1.53% | 1.57% | +0.04% |
| KNR Constructions Ltd. | 0.53% | 0.56% | +0.03% |
| Sonata Software Ltd. | 0.44% | 0.41% | -0.03% |
| V-Mart Retail Ltd. | 0.51% | 0.48% | -0.03% |
| Apollo Hospitals Enterprise Ltd. | 2.09% | 2.06% | -0.03% |
| Larsen & Toubro Ltd. | 4.86% | 4.84% | -0.02% |
| Aditya Birla Sun Life AMC Ltd. | 1.02% | 1.04% | +0.02% |
| Axis Bank Ltd. | 2.36% | 2.38% | +0.02% |
| FSN E-Commerce Ventures Ltd. | 0.72% | 0.74% | +0.02% |
| Glenmark Pharmaceuticals Ltd. | 2.04% | 2.06% | +0.02% |
| Global Health Ltd. | 1.51% | 1.49% | -0.02% |
| Grasim Industries Ltd. | 1.01% | 0.99% | -0.02% |
| Interglobe Aviation Ltd. | 0.96% | 0.98% | +0.02% |
| SBI Life Insurance Company Ltd. | 0.47% | 0.49% | +0.02% |
| company:20133 | 0.02% | 0.00% | -0.02% |
| Afcons Infrastructure Ltd. | 0.30% | 0.28% | -0.02% |
| Arvind Ltd. | 0.32% | 0.33% | +0.01% |
| Bharat Electronics Ltd. | 1.24% | 1.25% | +0.01% |
| Hindalco Industries Ltd. | 0.87% | 0.86% | -0.01% |
| Honeywell Automation India Ltd. | 0.84% | 0.85% | +0.01% |
| Medplus Health Services Ltd. | 0.36% | 0.37% | +0.01% |
| Mphasis Ltd. | 0.26% | 0.25% | -0.01% |
| Reliance Industries Ltd. | 1.90% | 1.89% | -0.01% |
| Tenneco Clean Air India Ltd | 0.48% | 0.49% | +0.01% |
| Torrent Pharmaceuticals Ltd. | 0.75% | 0.76% | +0.01% |
| Oil And Natural Gas Corporation Ltd. | 0.28% | 0.29% | +0.01% |
| Aadhar Housing Finance Ltd | 0.71% | 0.71% | 0.00% |
| Craftsman Automation Ltd. | 1.07% | 1.07% | 0.00% |
| Crompton Greaves Consumer Electricals Ltd. | 0.03% | 0.03% | 0.00% |
| Jubilant FoodWorks Ltd. | 0.54% | 0.54% | 0.00% |
| Lupin Ltd. | 0.15% | 0.15% | 0.00% |
| Tech Mahindra Ltd. | 0.20% | 0.20% | 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 | ₹2,879 Cr | 2.41% | 12.1% | 10.0% | 14.5% |
 HDFC Value Fund | ₹8,039 Cr | 1.87% | 10.9% | 9.3% | 13.7% |
 DSP Value Fund | ₹2,225 Cr | 2.35% | 9.2% | 10.7% | 14.2% |
 Quant Value Fund | ₹1,917 Cr | 2.31% | 8.0% | 7.3% | — |
 Axis Value Fund | ₹1,877 Cr | 2.20% | 13.0% | 10.5% | 15.8% |
 LIC MF Value Fund | ₹336 Cr | 3.33% | 19.4% | 12.2% | 14.2% |
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
- Deepak GuptaMr. Gupta is a CA, CWA, Cleared CFA level III (AIMR, USA).Prior to joining Invesco Asset Management (India) Pvt. Ltd., He has worked with Emkay Global Financial Services Ltd. and Kotak Asset Management Company Ltd.
- 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 months6.63% absolute | ₹60,000 | ₹63,978 | 6.63% | |
| 1 year0.72% annualised | ₹1,20,000 | ₹1,20,469 | 0.39% | |
| 3 years14.53% annualised | ₹3,60,000 | ₹4,53,306 | 25.92% | |
| 5 years11.33% annualised | ₹6,00,000 | ₹8,09,776 | 34.96% |
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 ₹137.84 as on 9 Nov 2026.
What is the expense ratio of Invesco India Contra Fund?
The expense ratio of Invesco India Contra Fund is 1.85% 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 7.8% over 1 year, 6.3% over 3 years and 12.1% 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 46 schemes with ₹1,65,375 Cr under management.