Two funds walk into a table. Only the numbers talk.
SBI Contra Fund vs Invesco India Contra Fund
Pick two or three funds. We’ll tell you in plain words which grew faster, which was calmer, which costs less and what your money would have become. Figures are for the Direct plan, Growth option, where a fund has one.
- ASBI Contra Fund
SBI Mutual Fund- Contra Fund
- Direct plan
- Very High Risk
NAV ₹424.62 on 12 Nov 2026
- BInvesco India Contra Fund
Invesco Mutual Fund- Contra Fund
- Direct plan
- Very High Risk
NAV ₹165.54 on 13 Nov 2026
The short version
Who comes out ahead on each measure, over the 10 years all of them have been around.
Grew faster
BInvesco India Contra Fund
Invesco India Contra Fund returned 16.8% a year over 10 years, against 16% for SBI Contra Fund. ₹1 lakh invested 10 years ago would be about ₹4.74 Lakh today, against ₹4.41 Lakh.
Smoother ride
ASBI Contra Fund
SBI Contra Fund swung the least: about 12.7% a year either way, against 15.1% for Invesco India Contra Fund. Lower means fewer scary days.
Fell less in a crash
BInvesco India Contra Fund
At its worst, Invesco India Contra Fund fell 36.5% from its peak, against 44.7% for SBI Contra Fund. On ₹1 lakh, that's a dip to ₹55,263 at the bottom for SBI Contra Fund. Could you have held on?
More consistent
BInvesco India Contra Fund
Pick any day in the past and hold for a year: Invesco India Contra Fund ended up in profit 85% of the time, against 76% for SBI Contra Fund.
Costs less
BInvesco India Contra Fund
Invesco India Contra Fund charges 0.78% a year, against 0.88% for SBI Contra Fund. On ₹1 lakh that's ₹780 a year against ₹880, taken quietly from the NAV.
What your money would have become
The same amount, put into each fund on the same day.
The dashed line is the ₹10,000 you put in. Above it is profit, below it is loss.
- ASBI Contra Fund₹19,355 from ₹10,000(14.1% a year)
- BInvesco India Contra Fund₹18,413 from ₹10,000(13% a year)
A one-time ₹10,000 put in 5 years ago, valued at the latest NAV. This is what happened, not what will.
Strengths and watch-outs
Each fund judged against its own category, and against a 5-year SBI FD at 6.05%.
ASBI Contra Fund
- Strength: Beat a 5-year SBI FD: 14.1% a year over 5 years, against 6.05%
- Strength: Swings less than most funds in its category
- Watch out: Fell harder than its category in the worst crash
BInvesco India Contra Fund
- Strength: Beat a 5-year SBI FD: 12.8% a year over 5 years, against 6.05%
- Watch out: Fell harder than its category in the worst crash
All the numbers
The stronger figure in each row is marked Best. Under each return is the fund’s rank in its category and the category average.
| Measure | ASBI Contra Fund | BInvesco India Contra Fund |
|---|---|---|
| ReturnsHow much the fund grew. Beyond a year, this is per year (annualised). | ||
| 1 yearLast 12 months, the most noisy figure | -1.6%#3 of 3 · avg 0.6% | 2.1%Best#1 of 3 · avg 0.6% |
| 3 yearsPer year, over a full market mood swing | 12.1%#3 of 3 · avg 14.5% | 16%Best#1 of 3 · avg 14.5% |
| 5 yearsPer year, the fairest single test | 14.1%Best#1 of 3 · avg 13.7% | 12.8%#3 of 3 · avg 13.7% |
| 10 yearsPer year, across bull and bear markets | 16%#3 of 3 · avg 16.6% | 16.8%Best#2 of 3 · avg 16.6% |
| RiskHow bumpy the ride was. This is what decides whether you stay invested. | ||
| Ups and downsVolatility: how far it swings in a typical year. Lower is calmer | 12.7%Bestcategory avg 14.2% | 15.1%category avg 14.2% |
| Worst fallThe biggest drop from a peak in 10 years. Lower is better | −44.7%category avg −25.6% | −36.5%Bestcategory avg −25.6% |
| Best 12 monthsIts strongest year | 124%Best | 96.1% |
| Worst 12 monthsIts weakest year | -36.1% | -30.4%Best |
| Odds of a gainShare of all 1-year holding periods that ended in profit | 76% | 85%Best |
| Cost and sizeThe fee comes out of your returns every year, whether the fund does well or not. | ||
| Expense ratioYearly fee. Lower keeps more for you | 0.88% | 0.78%Best |
| Fund sizeMoney managed (AUM). Neither better nor worse | ₹45,068 Cr | ₹19,248 Cr |
| Minimum SIPSmallest monthly amount | ₹500 | ₹100Best |
| Lock-inTime before you can withdraw | None | None |
| What it holdsWhere the money sits. Equity is shares, debt is bonds, cash is waiting to be invested. | ||
| In sharesEquity | 84.3% | – |
| In bondsDebt | 2.3% | – |
| In cashNot yet invested | 9.6% | – |
| HoldingsNumber of investments | 93 | – |
“Best” is not a recommendation: a fund that returned more usually took more risk to do it.
Top 10 holdings
Marked Both where another fund here holds it too.
ASBI Contra Fund
- HDFC Bank Ltd5.4%
- ICICI Bank Ltd4.7%
- Reliance Industries Ltd4.6%
- Biocon Ltd3.2%
- Indus Towers Ltd2.7%
- Torrent Power Ltd2.4%
- GAIL (India) Ltd2.3%
- Tata Steel Ltd2%
- Punjab National Bank1.9%
- Infosys Ltd1.9%
As on 31 Oct 2026
BInvesco India Contra Fund
Holdings are not available for this fund yet.
Which one fits you?
There is no best fund, only a better fit for what you need the money to do.
ASBI Contra Fund
Might suit you if…
- a smoother ride matters more to you than the top return
BInvesco India Contra Fund
Might suit you if…
- you want the stronger long-run growth and can sit through sharper falls
- a smoother ride matters more to you than the top return
- you may need the money at short notice and want better odds of being in profit
- you care about keeping costs low, which adds up over decades