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 01 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Jan 2013 – 01 Oct 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 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 | SBI Contra Fund | Invesco India Contra Fund |
|---|---|---|
| 02 Jan 2013 | ₹100.00 | ₹100.00 |
| 24 Feb 2014 | ₹96.72 | ₹102.68 |
| 19 Apr 2015 | ₹153.45 | ₹182.92 |
| 10 Jun 2016 | ₹150.79 | ₹186.28 |
| 02 Aug 2017 | ₹190.15 | ₹249.54 |
| 25 Sep 2018 | ₹184.63 | ₹286.62 |
| 17 Nov 2019 | ₹178.95 | ₹301.20 |
| 08 Jan 2021 | ₹248.16 | ₹390.89 |
| 03 Mar 2022 | ₹339.71 | ₹460.31 |
| 25 Apr 2023 | ₹419.09 | ₹501.42 |
| 16 Jun 2024 | ₹673.51 | ₹811.50 |
| 09 Aug 2025 | ₹681.88 | ₹882.52 |
| 01 Oct 2026 | ₹662.17 | ₹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 →
- 64 stocks only in SBI Contra Fund
- 19 stocks in both — 26.3% 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.
SBI Contra Fund and Invesco India Contra Fund share 26% 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. | 5.25% | 6.24% | 5.25% |
| Reliance Industries Ltd. | 5.48% | 1.96% | 1.96% |
| State Bank of India | 1.93% | 3.25% | 1.93% |
| FSN E-Commerce Ventures Ltd. | 1.88% | 1.84% | 1.84% |
| Axis Bank Ltd. | 1.55% | 2.43% | 1.55% |
| Delhivery Ltd. | 1.53% | 1.65% | 1.53% |
| Tech Mahindra Ltd. | 2.09% | 1.48% | 1.48% |
| Tata Motors Ltd. | 1.42% | 1.96% | 1.42% |
| Bharti Airtel Ltd. | 1.38% | 2.38% | 1.38% |
| Kotak Mahindra Bank Ltd. | 3.31% | 1.38% | 1.38% |
| Samvardhana Motherson International Ltd. | 1.37% | 1.58% | 1.37% |
| Larsen & Toubro Ltd. | 0.98% | 5.00% | 0.98% |
| Grasim Industries Ltd. | 0.91% | 1.04% | 0.91% |
| Hindalco Industries Ltd. | 1.38% | 0.90% | 0.90% |
| Infosys Ltd. | 0.76% | 2.64% | 0.76% |
4 more stocks in common. 19 shared of 83 / 72 positions. Weights are shown as a share of each fund's equity book.
| Metric | SBI · Direct NAV ₹394.32 Very High risk ★★★★☆ CAT | Invesco · Direct NAV ₹151.48 Very High risk ★★★★☆ CAT |
|---|---|---|
| -4.60% | -3.33%Best in row | |
| +9.47% | +12.76%Best in row | |
| +13.88%Best in row | +12.07% | |
| +15.00% | +15.30%Best in row | |
| +14.74% | +16.97% | |
| +9.71% | +10.84%Best in row | |
| +17.97% | +18.89%Best in row | |
| +17.46% | +18.18%Best in row | |
| +17.34% | +18.42%Best in row | |
| Risk | ||
| 12.54%Best in row | 14.97% | |
| 0.24 | 0.42Best in row | |
| 0.32 | 0.57Best in row | |
| -44.74% | -36.52% | |
| +0.33% | +3.12%Best in row | |
| 0.89 | 1.02 | |
| 92.1% | 114.9%Best in row | |
| 87.5%Best in row | 104.0% | |
| 0.88% | 0.76%Best in row | |
| ₹45,949Cr | ₹19,492Cr | |
| — | Up to 1.00% | |
| ₹500 | ₹100 | |
| ₹5.00K | ₹1.00K | |
| 152% | 64% | |
| Dinesh Balachandran · 8.4y | Taher Badshah · 9.7y | |
| 83 | 72 | |
| 32.3% | 31.9% | |
| 7.1% | 2.9% | |
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 — SBI Contra Fund or Invesco India Contra Fund?
Over the last 3 years, Invesco India Contra Fund returned +12.76% CAGR against SBI Contra Fund's +9.47%, computed from AMFI NAV history. Over 5 years: SBI Contra Fund +13.88% vs Invesco India Contra Fund +12.07% 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 0.88% 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 — SBI Contra Fund or Invesco India Contra Fund?
Invesco India Contra Fund has shown higher volatility (+14.97% 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.