Is it good to invest in contra funds?

Is it good to invest in contra funds?

Advantages of Investing in Contra Funds This gives you the opportunity to realise massive gains in the long run. During a bull run, the contra funds have the potential to provide benchmark-beating returns. Investing in these funds may serve as a hedge against a market correction.

Is Invesco India Contra fund ELSS?

An open-ended Equity Linked Savings Scheme (ELSS) with a lock-in period of 3 years. Investments in this fund can help you save income tax under Section 80C. The fund is managed with a long term perspective and has a balanced and well diversified portfolio with a significant exposure to midcap.

What is contra equity fund?

Contra funds are a type of equity fund where the fund manager bets against the prevailing Market trends by buying assets that are either depressed or under-performing at that point in time. Here, the idea is to buy assets at a lower cost than its fundamental value in the long term.

What is large cap fund?

Funds which invest a larger proportion of their corpus in companies with large market capitalization are called large cap funds. Large cap funds are known to offer stable and sustainable returns over a period of time, but might be outperformed by small and mid cap funds, which have higher risk exposure.

How do I stop Invesco sip?

Invesco Mutual Fund – SIP Cancellation Unfortunately, there is no option provided on their website through which you can cancel your SIP online. Easy way for SIP cancellation is by sending an email to them.

What is the NAV of Axis Long Term Equity Fund?

The NAV of Axis Long Term Equity Fund Growth is ₹73.10 as of 28 Dec 2021.

What is India’s large cap?

Large-cap companies are businesses that are well-established and have a significant market share. Large-cap companies have market caps of Rs 20,000 crore or more. Reliance Industries and Infosys are examples of some large-cap market companies that are listed on the stock exchanges of India.