About Invesco India Contra Fund
Invesco India Contra Fund is a contra fund managed by Invesco Mutual Fund. Follow a contrarian strategy, investing in sectors or stocks that are currently out of favour.
To generate capital appreciation by investing predominantly in Equity and Equity Related Instruments through contrarian investing.
The scheme's stated objective, as published by Invesco Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹165.54 | 120348 |
| Direct | IDCW | ₹68.93 | 120349 |
| Regular | Growth | ₹139.20 | 105460 |
| Regular | IDCW | ₹51.00 | 105459 |
Frequently asked questions
What is the NAV of Invesco India Contra Fund today?
The NAV of Invesco India Contra Fund (Direct plan, Growth) is ₹165.54 and the Regular plan NAV is ₹139.20, as of 13 Nov 2026.
What returns has Invesco India Contra Fund given?
Over the last year the Direct plan returned 2.1%, and 16.02% a year over 3 years and 12.84% a year over 5 years. That places it 1 of 3 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Invesco India Contra Fund?
The Direct plan charges 0.78% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Invesco India Contra Fund?
You can start a monthly SIP with ₹100, or invest a lump sum of ₹1,000 or more.
How much has Invesco India Contra Fund fallen in the past?
Its deepest fall was 36.5% from 20 Feb 2020 to 23 Mar 2020. Of every one-year stretch in its history, 85% ended in a gain.
Which category does Invesco India Contra Fund belong to?
It is a Contra Fund from Invesco Mutual Fund. Follow a contrarian strategy, investing in sectors or stocks that are currently out of favour.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Invesco India Contra Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.