Kotak Contra Fund vs Invesco India Contra Fund
Kotak Contra Fund (Direct) and Invesco India Contra Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Contra Fund schemes — see the best contra mutual funds for the full ranking.
Head to head
NAVs as of 01 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Jan 2013 – 01 Oct 2026, limited by Kotak Contra Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one. Nifty 500 TRI history starts 25 Jul 2016, so that benchmark is not plotted over this window — pick a shorter range to see it.
View as table
| Date | Kotak Contra Fund | Invesco India Contra Fund |
|---|---|---|
| 02 Jan 2013 | ₹100.00 | ₹100.00 |
| 24 Feb 2014 | ₹106.36 | ₹102.68 |
| 19 Apr 2015 | ₹157.64 | ₹182.92 |
| 10 Jun 2016 | ₹152.75 | ₹186.28 |
| 02 Aug 2017 | ₹202.66 | ₹249.54 |
| 25 Sep 2018 | ₹231.68 | ₹286.62 |
| 17 Nov 2019 | ₹251.52 | ₹301.20 |
| 08 Jan 2021 | ₹309.87 | ₹390.89 |
| 03 Mar 2022 | ₹371.64 | ₹460.31 |
| 25 Apr 2023 | ₹424.77 | ₹501.42 |
| 16 Jun 2024 | ₹709.54 | ₹811.50 |
| 09 Aug 2025 | ₹734.03 | ₹882.52 |
| 01 Oct 2026 | ₹735.29 | ₹862.64 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
- 42 stocks only in Kotak Contra Fund
- 19 stocks in both — 33.2% of each portfolio by weight
- 53 stocks only in Invesco India Contra Fund
The more the circles overlap, the more the funds hold the same stocks.
Kotak Contra Fund and Invesco India Contra Fund share 33% of their equity book by weight.
Shared holdings — Kotak Contra Fund vs Invesco India Contra Fund
| Stock | Kotak Contra Fund | Invesco India Contra Fund | |
|---|---|---|---|
| ICICI BANK LTD. | 6.27% | 6.24% | 6.24% |
| STATE BANK OF INDIA. | 3.43% | 3.25% | 3.25% |
| Larsen and Toubro Ltd. | 2.58% | 5.00% | 2.58% |
| BHARTI AIRTEL LTD. | 2.40% | 2.38% | 2.38% |
| Infosys Ltd. | 2.00% | 2.64% | 2.00% |
| RELIANCE INDUSTRIES LTD. | 2.79% | 1.96% | 1.96% |
| Global Health Ltd. | 1.68% | 1.55% | 1.55% |
| INDUSIND BANK LTD. | 1.55% | 2.02% | 1.55% |
| AXIS BANK LTD. | 1.51% | 2.43% | 1.51% |
| Tech Mahindra Ltd. | 2.16% | 1.48% | 1.48% |
| SHRIRAM FINANCE LIMITED | 2.94% | 1.33% | 1.33% |
| KEI Industries Ltd. | 1.31% | 1.66% | 1.31% |
| Bharat Electronics Ltd. | 1.54% | 1.28% | 1.28% |
| SWIGGY LTD | 2.44% | 1.11% | 1.11% |
| Inter Globe Aviation Ltd | 1.32% | 0.99% | 0.99% |
4 more stocks in common. 19 shared of 61 / 72 positions. Weights are shown as a share of each fund's equity book.
| Metric | Kotak Mahindra · Direct NAV ₹173.64 Very High risk ★★★★☆ CAT | Invesco · Direct NAV ₹151.48 Very High risk ★★★★☆ CAT |
|---|---|---|
| -2.42%Best in row | -3.33% | |
| +13.53%Best in row | +12.76% | |
| +13.29%Best in row | +12.07% | |
| +15.96%Best in row | +15.30% | |
| +15.62% | +16.97% | |
| +11.80%Best in row | +10.84% | |
| +17.64% | +18.89%Best in row | |
| +17.35% | +18.18%Best in row | |
| +17.41% | +18.42%Best in row | |
| Risk | ||
| 14.59%Best in row | 14.97% | |
| 0.48Best in row | 0.42 | |
| 0.65Best in row | 0.57 | |
| -37.89% | -36.52% | |
| +3.74%Best in row | +3.12% | |
| 1.00 | 1.02 | |
| 111.9% | 114.9%Best in row | |
| 95.9%Best in row | 104.0% | |
| 0.80% | 0.76%Best in row | |
| ₹5,086Cr | ₹19,492Cr | |
| ₹100 | ₹1.00K | |
| 38% | 64% | |
| Shibani Sircar Kurian | Taher Badshah · 9.7y | |
| 61 | 72 | |
| 31.3% | 31.9% | |
| 1.7% | 2.9% | |
5 rows carry the same value for every fund — show
- Benchmark
- Nifty 500 TRI
- Exit load
- Up to 1.00%
- Lock-in
- None
- Min SIP
- ₹100
- Inception
- 02 Jan 2013
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Kotak Contra Fund or Invesco India Contra Fund?
Over the last 3 years, Kotak Contra Fund returned +13.53% CAGR against Invesco India Contra Fund's +12.76%, computed from AMFI NAV history. Over 5 years: Kotak Contra Fund +13.29% vs Invesco India Contra Fund +12.07% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Kotak Contra Fund or Invesco India Contra Fund?
Invesco India Contra Fund has the lower expense ratio: Kotak Contra Fund charges 0.80% a year against Invesco India Contra Fund's 0.76%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Kotak Contra Fund or Invesco India Contra Fund?
Invesco India Contra Fund has shown higher volatility (+14.97% annualized vs Kotak Contra Fund's +14.59%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Kotak Contra Fund -18.95% vs Invesco India Contra Fund -18.64%.
Which fund manages more money — Kotak Contra Fund or Invesco India Contra Fund?
Invesco India Contra Fund is the larger fund: Kotak Contra Fund manages ₹5,086Cr against Invesco India Contra Fund's ₹19,492Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Kotak Contra Fund and Invesco India Contra Fund in the same category?
Yes — both are Contra Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.