INVESCO INDIA CONTRA FUND is a true-to-mandate contra fund in the form of a multi-cap offering with a value bias. The core of its portfolio is comprised of businesses which are in a turnaround phase or are trading below intrinsic value. It may further bet on companies which are counted among market leaders but are currently de-rated due to short term events. The fund mostly rotates between a few cyclical sectors but is poised to seize outside opportunities if value is apparent. The aim of the fund is to identify such bets early in the lifecycle and continue to hold when they are performing well. It maintains a compact portfolio which is cheaper than its benchmark, but also ensures that quality of is not compromised. With a proven track record of consistent outperformance, this fund is a worthy pick in this segment. Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich For further information
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