Contents
Returns vs category
3 years: 15.89% a year, 1st of 3 contra funds
Direct-Growth plan, a year, to 9 November 2026, from AMFI NAVs. Ranks and averages cover the 6 contra funds AMFI lists that are old enough for each period.
Year by year
Ahead of the category average in 5 of the last 10 calendar years
- 2016+8.6%avg +6.8%
- 2017+48.1%avg +42.3%
- 2018−2.0%avg −3.9%
- 2019+7.1%avg +6.1%
- 2020+22.6%avg +23.6%
- 2021+31.3%avg +38.1%
- 2022+5.1%avg +9.2%
- 2023+30.3%avg +35.6%
- 2024+31.6%avg +25.1%
- 2025+4.3%avg +6.7%
- 2026to 9 Nov+0.7%avg −1.6%
Calendar-year returns of the Direct-Growth plan. The average covers today’s contra funds that had a full year then.
3-year returns
3-year returns since 2013 ranged from −2.8% to 36.9% a year
- Lowest
- −2.8%
- to March 2020
- Middle
- +19.2%
- Highest
- +36.9%
- to August 2016
Every 3-year holding period ending on a NAV day from 4 January 2016 to 9 November 2026 (2,674 periods), annualised.
Worst fall
Worst fall: 36.5% (Feb 2020–Mar 2020), back at its high 7 months later
- High
- 20 Feb 2020
- Low
- 23 Mar 2020
- Back at the high
- 5 Nov 2020
- Now
- 1.3% below the 24 Sept 2024 high
Fall from the highest NAV to the lowest that followed, on daily direct plan NAVs since 2 January 2013.
Cost
The regular plan costs 1.09% a year more: about ₹2.73 lakh on ₹10 lakh over 10 years
₹10 lakh invested once and held 10 years, assuming 12% a year before costs (an assumption, not a forecast). Expense ratios as disclosed on 9 November 2026. Try your own numbers in the fee calculator.
Size and facts
₹20,132 crore of assets: the 2nd largest of 6 contra funds
- Average assets, July–September 2026
- ₹20,132 crore
- Fund house
- Invesco Mutual Fund
- Category
- Contra
Similar funds
Other contra funds of a similar size
- SBI Contra Fund3 years 11.77% a year · expense ratio 0.90%
- Kotak Contra Fund3 years 15.33% a year · expense ratio 0.78%
- Bandhan Contra Fund3 years – a year · expense ratio 1.72%
- Motilal Oswal Contra Fund3 years – a year · expense ratio 1.94%
Questions people ask
₹163.9000 on 9 November 2026, as published by AMFI, up 0.86% from 6 November 2026. Fund houses publish a NAV for every business day. The regular plan and the IDCW options have NAVs of their own; the regular plan’s grows more slowly because its expense ratio is higher.
To 9 November 2026, the direct plan returned 2.21% over 1 year, 15.89% over 3 years, 12.58% over 5 years (a year, annualised beyond one year). These are AMFI NAV returns of the Direct-Growth plan; the regular plan’s are lower by roughly the difference in expense ratios. Past returns do not guarantee future returns.
Over 1 year it ranked 1st of 3, against a category average of 0.59%. Over 3 years it ranked 1st of 3, against a category average of 14.33%. Over 5 years it ranked 3rd of 3, against a category average of 13.39%. Ranks compare the direct plans of the contra funds AMFI lists today, by return; they are not ratings.
As disclosed on 9 November 2026, the total expense ratio is 0.74% a year for the direct plan and 1.83% for the regular plan. The 1.09% gap is mostly the distributor’s commission. On ₹10 lakh held for 10 years at an assumed 12% a year before costs, the direct plan would end about ₹2.73 lakh ahead.
Its direct plan NAV fell 36.5% from its high on 20 February 2020 to 23 March 2020, and was back at that high on 5 November 2020. On 9 November 2026 it was 1.3% below its highest NAV, set on 24 September 2024.
Its average assets in July–September 2026 were ₹20,132 crore, across all plans, per AMFI: the 2nd largest of 6 contra funds.
That depends on your goals, how long you can stay invested and what else you hold, which this page cannot know. What the data shows: its returns against other contra funds, how far it has fallen, and what it costs. Its rank changes from year to year, so look at several periods rather than one, and at how a fall like its worst would feel for your money. This is education, not a recommendation to buy, sell or hold.
Related
This page is educational research based on AMFI data and Genvest’s own analysis. It is not a recommendation to invest in any scheme, or personalised investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not guarantee future returns. Registration granted by SEBI, enlistment with IAASB and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.