 "SBI Mutual Fund, SBI MF")
SBI Contra Fund, launched in July 1999, has consistently ranked in the top 30th percentile of the value/contra fund category of the CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters through April-June 2023.
The fund’s month-end assets under management increased to Rs 14,649 crore in August 2023 from Rs 1,339 crore in August 2020.
Dinesh Balachandran and Mohit Jain have been managing this fund since May 2018 and November 2017, respectively.
The scheme’s investment objective is to generate capital appreciation from a portfolio predominantly invested in equity and equity-related instruments, following a contrarian strategy.
Trailing returns
The
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