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 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Jan 2013 – 20 Aug 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 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 |
| 21 Feb 2014 | ₹106.33 | ₹102.16 |
| 12 Apr 2015 | ₹160.69 | ₹187.70 |
| 31 May 2016 | ₹152.19 | ₹185.08 |
| 19 Jul 2017 | ₹197.39 | ₹248.69 |
| 07 Sep 2018 | ₹242.18 | ₹306.32 |
| 27 Oct 2019 | ₹245.85 | ₹293.22 |
| 15 Dec 2020 | ₹290.76 | ₹367.88 |
| 03 Feb 2022 | ₹402.50 | ₹502.73 |
| 25 Mar 2023 | ₹408.95 | ₹485.14 |
| 12 May 2024 | ₹645.50 | ₹741.12 |
| 01 Jul 2025 | ₹755.91 | ₹914.58 |
| 20 Aug 2026 | ₹786.24 | ₹927.73 |
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 →
Kotak Contra Fund and Invesco India Contra Fund share 34% 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 | 5.65% | 6.47% | 5.65% |
| Reliance Industries Ltd | 2.93% | 3.25% | 2.93% |
| Larsen & Toubro Ltd | 2.75% | 5.40% | 2.75% |
| State Bank of India | 3.44% | 2.69% | 2.69% |
| Bharti Airtel Ltd | 2.54% | 2.50% | 2.50% |
| Axis Bank Ltd | 2.25% | 4.00% | 2.25% |
| Bharat Electronics Ltd | 1.58% | 1.86% | 1.58% |
| Infosys Ltd | 1.51% | 3.12% | 1.51% |
| Indusind Bank Ltd | 1.46% | 1.52% | 1.46% |
| Global Health Ltd | 1.54% | 1.42% | 1.42% |
| Interglobe Aviation Ltd | 1.41% | 1.43% | 1.41% |
| Kei Industries Ltd | 1.29% | 2.02% | 1.29% |
| Tech Mahindra Ltd | 1.82% | 1.23% | 1.23% |
| Bank Of Baroda | 1.07% | 1.31% | 1.07% |
| Ultratech Cement Ltd | 1.89% | 0.99% | 0.99% |
5 more stocks in common. 20 shared of 60 / 67 positions. Weights are shown as a share of each fund's equity book.
| Metric | Kotak Mahindra · Direct NAV ₹185.67 Very High risk ★★★★☆ CAT | Invesco · Direct NAV ₹162.91 Very High risk ★★★★☆ CAT |
|---|---|---|
| +3.95%Best in row | +2.16% | |
| +17.85%Best in row | +17.20% | |
| +16.25%Best in row | +15.20% | |
| +16.82%Best in row | +16.35% | |
| +16.33% | +17.76%Best in row | |
| +15.34%Best in row | +14.53% | |
| +17.65% | +18.97%Best in row | |
| +17.38% | +18.29%Best in row | |
| +17.44% | +18.54%Best in row | |
| Risk | ||
| 14.54%Best in row | 14.87% | |
| 0.78Best in row | 0.72 | |
| 1.06Best in row | 0.99 | |
| -37.89% | -36.52%Best in row | |
| +5.13%Best in row | +4.36% | |
| 1.00 | 1.01 | |
| 114.8% | 115.8%Best in row | |
| 91.1%Best in row | 97.8% | |
| 0.79% | 0.77%Best in row | |
| ₹5,086Cr | ₹19,492Cr | |
| ₹100 | ₹1.00K | |
| 31% | 19% | |
| Shibani Sircar Kurian | Taher Badshah · 9.6y | |
| 60 | 67 | |
| 32.5% | 34.9% | |
| 2.0% | 1.1% | |
5 rows carry the same value for every fund — show
- Benchmark
- Nifty 500
- 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 +17.85% CAGR against Invesco India Contra Fund's +17.20%, computed from AMFI NAV history. Over 5 years: Kotak Contra Fund +16.25% vs Invesco India Contra Fund +15.20% 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 0.79% a year against Invesco India Contra Fund's 0.77%. 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 (+14.87% annualized vs Kotak Contra Fund's +14.54%), 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.