Kotak Contra Fund vs SBI Contra Fund
Kotak Contra Fund (Direct) and SBI 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 | SBI Contra Fund |
|---|---|---|
| 02 Jan 2013 | ₹100.00 | ₹100.00 |
| 21 Feb 2014 | ₹106.33 | ₹95.93 |
| 12 Apr 2015 | ₹160.69 | ₹157.71 |
| 31 May 2016 | ₹152.19 | ₹150.00 |
| 19 Jul 2017 | ₹197.39 | ₹190.13 |
| 07 Sep 2018 | ₹242.18 | ₹197.10 |
| 27 Oct 2019 | ₹245.85 | ₹176.83 |
| 15 Dec 2020 | ₹290.76 | ₹234.36 |
| 03 Feb 2022 | ₹402.50 | ₹368.33 |
| 25 Mar 2023 | ₹408.95 | ₹399.75 |
| 12 May 2024 | ₹645.50 | ₹624.99 |
| 01 Jul 2025 | ₹755.91 | ₹713.69 |
| 20 Aug 2026 | ₹786.24 | ₹700.03 |
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 SBI Contra Fund share 29% of their equity book by weight.
Shared holdings — Kotak Contra Fund vs SBI Contra Fund
| Stock | Kotak Contra Fund | SBI Contra Fund | |
|---|---|---|---|
| HDFC Bank Ltd | 5.42% | 6.03% | 5.42% |
| ICICI Bank Ltd | 5.65% | 5.08% | 5.08% |
| Reliance Industries Ltd | 2.93% | 5.69% | 2.93% |
| State Bank of India | 3.44% | 1.91% | 1.91% |
| Tech Mahindra Ltd | 1.82% | 1.85% | 1.82% |
| Indus Towers Ltd | 1.78% | 3.12% | 1.78% |
| Axis Bank Ltd | 2.25% | 1.64% | 1.64% |
| Bharti Airtel Ltd | 2.54% | 1.45% | 1.45% |
| Maruti Suzuki India Ltd | 2.30% | 1.38% | 1.38% |
| Tata Steel Ltd | 1.11% | 2.43% | 1.11% |
| Larsen & Toubro Ltd | 2.75% | 1.03% | 1.03% |
| Hindalco Industries Ltd | 0.81% | 1.34% | 0.81% |
| Infosys Ltd | 1.51% | 0.69% | 0.69% |
| ITC Ltd | 0.60% | 2.21% | 0.60% |
| Hero Motocorp Ltd | 2.43% | 0.53% | 0.53% |
1 more stocks in common. 16 shared of 60 / 82 positions. Weights are shown as a share of each fund's equity book.
| Metric | Kotak Mahindra · Direct NAV ₹185.67 Very High risk ★★★★☆ CAT | SBI · Direct NAV ₹416.87 Very High risk ★★★★☆ CAT |
|---|---|---|
| +3.95%Best in row | -0.01% | |
| +17.85%Best in row | +13.38% | |
| +16.25% | +17.53%Best in row | |
| +16.82%Best in row | +15.59% | |
| +16.33%Best in row | +15.35% | |
| +15.34%Best in row | +12.76% | |
| +17.65% | +18.01%Best in row | |
| +17.38% | +17.48%Best in row | |
| +17.44% | +17.39% | |
| Risk | ||
| 14.54% | 12.54%Best in row | |
| 0.78Best in row | 0.55 | |
| 1.06Best in row | 0.73 | |
| -37.89%Best in row | -44.74% | |
| +5.13%Best in row | +1.35% | |
| 1.00 | 0.90 | |
| 114.8%Best in row | 95.0% | |
| 91.1% | 85.2%Best in row | |
| 0.79%Best in row | 0.83% | |
| ₹5,086Cr | ₹45,949Cr | |
| Up to 1.00% | Up to 0.25% | |
| ₹100 | ₹500 | |
| ₹100 | ₹5.00K | |
| 31% | 130% | |
| Shibani Sircar Kurian | Dinesh Balachandran · 8.3y | |
| 60 | 82 | |
| 32.5% | 32.8% | |
| 2.0% | 0.9% | |
3 rows carry the same value for every fund — show
- Benchmark
- Nifty 500
- Lock-in
- None
- 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 SBI Contra Fund?
Over the last 3 years, Kotak Contra Fund returned +17.85% CAGR against SBI Contra Fund's +13.38%, computed from AMFI NAV history. Over 5 years: Kotak Contra Fund +16.25% vs SBI Contra Fund +17.53% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Kotak Contra Fund or SBI Contra Fund?
Kotak Contra Fund has the lower expense ratio: Kotak Contra Fund charges 0.79% a year against SBI Contra Fund's 0.83%. 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 SBI Contra Fund?
Kotak Contra Fund has shown higher volatility (+14.54% annualized vs SBI Contra Fund's +12.54%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Kotak Contra Fund -18.95% vs SBI Contra Fund -15.84%.
Which fund manages more money — Kotak Contra Fund or SBI Contra Fund?
SBI Contra Fund is the larger fund: Kotak Contra Fund manages ₹5,086Cr against SBI Contra Fund's ₹45,949Cr 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 SBI 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.