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 05 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 | SBI Contra Fund |
|---|---|---|
| 02 Jan 2013 | ₹100.00 | ₹100.00 |
| 24 Feb 2014 | ₹106.36 | ₹96.72 |
| 19 Apr 2015 | ₹157.64 | ₹153.45 |
| 10 Jun 2016 | ₹152.75 | ₹150.79 |
| 02 Aug 2017 | ₹202.66 | ₹190.15 |
| 25 Sep 2018 | ₹231.68 | ₹184.63 |
| 17 Nov 2019 | ₹251.52 | ₹178.95 |
| 08 Jan 2021 | ₹309.87 | ₹248.16 |
| 03 Mar 2022 | ₹371.64 | ₹339.71 |
| 25 Apr 2023 | ₹424.77 | ₹419.09 |
| 16 Jun 2024 | ₹709.54 | ₹673.51 |
| 09 Aug 2025 | ₹734.03 | ₹681.88 |
| 01 Oct 2026 | ₹735.29 | ₹662.17 |
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 →
- 45 stocks only in Kotak Contra Fund
- 16 stocks in both — 26.9% of each portfolio by weight
- 67 stocks only in SBI Contra Fund
The more the circles overlap, the more the funds hold the same stocks.
Kotak Contra Fund and SBI Contra Fund share 27% of their equity book by weight.
Shared holdings — Kotak Contra Fund vs SBI Contra Fund
| Stock | Kotak Contra Fund | SBI Contra Fund | |
|---|---|---|---|
| ICICI BANK LTD. | 6.27% | 5.25% | 5.25% |
| HDFC BANK LTD. | 3.99% | 5.23% | 3.99% |
| RELIANCE INDUSTRIES LTD. | 2.79% | 5.48% | 2.79% |
| Tech Mahindra Ltd. | 2.16% | 2.09% | 2.09% |
| STATE BANK OF INDIA. | 3.43% | 1.93% | 1.93% |
| Indus Towers Ltd. | 1.70% | 3.02% | 1.70% |
| AXIS BANK LTD. | 1.51% | 1.55% | 1.51% |
| BHARTI AIRTEL LTD. | 2.40% | 1.38% | 1.38% |
| Maruti Suzuki India Limited | 2.13% | 1.29% | 1.29% |
| Tata Steel Ltd. | 1.05% | 2.33% | 1.05% |
| Larsen and Toubro Ltd. | 2.58% | 0.98% | 0.98% |
| Hindalco Industries Ltd. | 0.82% | 1.38% | 0.82% |
| Infosys Ltd. | 2.00% | 0.76% | 0.76% |
| Hero MotoCorp Ltd. | 2.67% | 0.59% | 0.59% |
| ITC Ltd. | 0.52% | 1.93% | 0.52% |
1 more stocks in common. 16 shared of 61 / 83 positions. Weights are shown as a share of each fund's equity book.
| Metric | Kotak Mahindra · Direct NAV ₹174.57 Very High risk ★★★★☆ CAT | SBI · Direct NAV ₹394.32 Very High risk ★★★★☆ CAT |
|---|---|---|
| -2.49%Best in row | -4.60% | |
| +14.18%Best in row | +9.47% | |
| +13.00% | +13.88%Best in row | |
| +15.74%Best in row | +15.00% | |
| +15.65% | +14.74% | |
| +11.94%Best in row | +9.71% | |
| +17.63% | +17.97%Best in row | |
| +17.35% | +17.46%Best in row | |
| +17.39% | +17.34% | |
| Risk | ||
| 14.59% | 12.54%Best in row | |
| 0.53Best in row | 0.24 | |
| 0.71Best in row | 0.32 | |
| -37.89% | -44.74% | |
| +3.74%Best in row | +0.33% | |
| 1.00 | 0.89 | |
| 111.9%Best in row | 92.1% | |
| 95.9% | 87.5%Best in row | |
| 0.80%Best in row | 0.88% | |
| ₹5,086Cr | ₹45,949Cr | |
| Up to 1.00% | — | |
| ₹100 | ₹500 | |
| ₹100 | ₹5.00K | |
| 38% | 152% | |
| Shibani Sircar Kurian | Dinesh Balachandran · 8.4y | |
| 61 | 83 | |
| 31.3% | 32.3% | |
| 1.7% | 7.1% | |
3 rows carry the same value for every fund — show
- Benchmark
- Nifty 500 TRI
- 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 +14.18% CAGR against SBI Contra Fund's +9.47%, computed from AMFI NAV history. Over 5 years: Kotak Contra Fund +13.00% vs SBI Contra Fund +13.88% 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 0.80% a year against SBI Contra Fund's 0.88%. 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 (+14.59% 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.