MonitorDirect · GrowthWatch before adding
Invesco India Contra Fund
Invesco Mutual FundEquity Schemes - Contra Fund13.8 years
The scheme seeks to generate capital appreciation by investing predominantly in Equity and Equity Related Instruments through contrarian investing.
- NAV
- 153.32
- 29 Oct 2026
- 1Y
- -6.2%
- Trailing CAGR
- AUM
- ₹19,248.29 Cr
- 30 Sept 2026
- Volatility
- High
- 16.0% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.76% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -36.5%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
Watch
Deepak Gupta · 0.1 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 30.5% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 37%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-6.2%
- 3Y+14.4%
- 5Y+11.9%
- 10Y+15.3%
- SI+17.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-2.5%
- 3Y+3.7%
- 5Y+11.3%
- 10Y+14.9%
- Since inception
- +17.0%
- Calendar-day CAGR
- Excess 1Y
- n/a
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- +3.7%
- Simulated monthly SIP
- Worst rolling 3Y
- -2.8%
- 2653 daily-ending windows
- Median rolling 3Y
- +19.3%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2160 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -36.5%
- Worst peak-to-trough
- Current
- -7.7%
- Below last peak
- Current spell
- 765 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 13 days
- 162 recovered episodes
- Longest recovery
- 433 days
- Trough to prior peak
20 Feb 2020 – 5 Nov 2020
Trough 23 Mar 2020 · recovered in 227 days
-36.5%
15 Jan 2013 – 20 Dec 2013
Trough 28 Aug 2013 · recovered in 114 days
-22.7%
24 Sept 2024 – open
Trough 28 Feb 2025 · not recovered
-18.6%
3 Mar 2015 – 1 Jul 2016
Trough 25 Feb 2016 · recovered in 127 days
-18.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
65
Vs category
n/a
Consistency
n/a
Risk-adjusted
61
Drawdown
9
Mean
45
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Maximum drawdown exceeded 35%.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 78 holdings · top 10 are 30.5%.
- Top 5
- 19.2%
- Top 10
- 30.5%
- Largest holding
- 5.9%
- Effective holdings
- 50.2
ICICI Bank Ltd
Financial
5.9%
Larsen & Toubro Ltd
Industrials
4.8%
State Bank of India
Financial
3.1%
Mahindra & Mahindra Ltd
Consumer Discretionary
2.9%
Cholamandalam Investment & Finance Company Ltd
Financial
2.5%