SBI Contra Fund vs Invesco India Contra Fund
SBI 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 SBI 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 | SBI Contra Fund | Invesco India Contra Fund |
|---|---|---|
| 02 Jan 2013 | ₹100.00 | ₹100.00 |
| 21 Feb 2014 | ₹95.93 | ₹102.16 |
| 12 Apr 2015 | ₹157.71 | ₹187.70 |
| 31 May 2016 | ₹150.00 | ₹185.08 |
| 19 Jul 2017 | ₹190.13 | ₹248.69 |
| 07 Sep 2018 | ₹197.10 | ₹306.32 |
| 27 Oct 2019 | ₹176.83 | ₹293.22 |
| 15 Dec 2020 | ₹234.36 | ₹367.88 |
| 03 Feb 2022 | ₹368.33 | ₹502.73 |
| 25 Mar 2023 | ₹399.75 | ₹485.14 |
| 12 May 2024 | ₹624.99 | ₹741.12 |
| 01 Jul 2025 | ₹713.69 | ₹914.58 |
| 20 Aug 2026 | ₹700.03 | ₹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 →
SBI Contra Fund and Invesco India Contra Fund share 25% of their equity book by weight.
Shared holdings — SBI Contra Fund vs Invesco India Contra Fund
| Stock | SBI Contra Fund | Invesco India Contra Fund | |
|---|---|---|---|
| ICICI Bank Ltd | 5.08% | 6.47% | 5.08% |
| Reliance Industries Ltd | 5.69% | 3.25% | 3.25% |
| State Bank of India | 1.91% | 2.69% | 1.91% |
| FSN E-Commerce Ventures Ltd | 1.71% | 2.12% | 1.71% |
| Axis Bank Ltd | 1.64% | 4.00% | 1.64% |
| Delhivery Ltd | 1.63% | 1.62% | 1.62% |
| Kotak Mahindra Bank Ltd | 3.12% | 1.46% | 1.46% |
| Bharti Airtel Ltd | 1.45% | 2.50% | 1.45% |
| Tata Motors Ltd | 1.30% | 1.81% | 1.30% |
| Tech Mahindra Ltd | 1.85% | 1.23% | 1.23% |
| Samvardhana Motherson International Ltd | 1.10% | 1.41% | 1.10% |
| Larsen & Toubro Ltd | 1.03% | 5.40% | 1.03% |
| Hindalco Industries Ltd | 1.34% | 0.73% | 0.73% |
| Infosys Ltd | 0.69% | 3.12% | 0.69% |
| Lupin Ltd | 0.60% | 1.44% | 0.60% |
2 more stocks in common. 17 shared of 82 / 67 positions. Weights are shown as a share of each fund's equity book.
| Metric | SBI · Direct NAV ₹416.87 Very High risk ★★★★☆ CAT | Invesco · Direct NAV ₹162.91 Very High risk ★★★★☆ CAT |
|---|---|---|
| -0.01% | +2.16%Best in row | |
| +13.38% | +17.20%Best in row | |
| +17.53%Best in row | +15.20% | |
| +15.59% | +16.35%Best in row | |
| +15.35% | +17.76%Best in row | |
| +12.76% | +14.53%Best in row | |
| +18.01% | +18.97%Best in row | |
| +17.48% | +18.29%Best in row | |
| +17.39% | +18.54%Best in row | |
| Risk | ||
| 12.54%Best in row | 14.87% | |
| 0.55 | 0.72Best in row | |
| 0.73 | 0.99Best in row | |
| -44.74% | -36.52%Best in row | |
| +1.35% | +4.36%Best in row | |
| 0.90 | 1.01 | |
| 95.0% | 115.8%Best in row | |
| 85.2%Best in row | 97.8% | |
| 0.83% | 0.77%Best in row | |
| ₹45,949Cr | ₹19,492Cr | |
| Up to 0.25% | Up to 1.00% | |
| ₹500 | ₹100 | |
| ₹5.00K | ₹1.00K | |
| 130% | 19% | |
| Dinesh Balachandran · 8.3y | Taher Badshah · 9.6y | |
| 82 | 67 | |
| 32.8% | 34.9% | |
| 0.9% | 1.1% | |
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 — SBI Contra Fund or Invesco India Contra Fund?
Over the last 3 years, Invesco India Contra Fund returned +17.20% CAGR against SBI Contra Fund's +13.38%, computed from AMFI NAV history. Over 5 years: SBI Contra Fund +17.53% vs Invesco India Contra Fund +15.20% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — SBI Contra Fund or Invesco India Contra Fund?
Invesco India Contra Fund has the lower expense ratio: SBI Contra Fund charges 0.83% 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 — SBI Contra Fund or Invesco India Contra Fund?
Invesco India Contra Fund has shown higher volatility (+14.87% 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: SBI Contra Fund -15.84% vs Invesco India Contra Fund -18.64%.
Which fund manages more money — SBI Contra Fund or Invesco India Contra Fund?
SBI Contra Fund is the larger fund: SBI Contra Fund manages ₹45,949Cr 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 SBI 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.