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#CONTRA RETURNS ADVENTURE CENTER REGISTRATION#
Open Free Investment Account for Lifetime at .Ĭomplete your Registration and KYC Process There is no benefit of indexation provided. Any gains exceeding this are taxed at 15%. Long-term Capital Gains of up to Rs 1 lakh a year are made tax-free (units realised after one year of holding). Short-term Capital gains (units realised within a year) are taxed at a rate of 15% irrespective of investors’ income tax slab rate. Taxation on Contra FundsĪs they are a class of equity mutual funds, they are essentially taxed like any other equity fund. You must be able to bear high-risk in this fund as sometimes the fund manager’s Call can go completely awry. Investors should always remember that these funds may not perform in the short term, therefore, one who can invest for a longer duration, ideally for more than five years, should only invest in this fund.įurthermore, contra funds are usually riskier than large-cap Equity Funds, so analyse your risk appetite before investing. Contra funds can be invested for a diversification opportunity. Ideally, investors who want to diversify their Portfolio should look at this fund. Hindustan Unilever Ltd (Consumer Defensive) ITC Ltd Shs Dematerialised (Consumer Defensive) Here, the idea is to buy assets at a lower cost than its fundamental value in the long term. Investors planning to invest in contra funds should know that these funds may not perform in the short-term because of the kind of assets they invest in. The selection of the stock is done with an assumption that the asset will stabilise and come into the real value in the long run after the short-term turbulence. It requires a lot of research and analysis to choose a stock in advance that has potential to grow in the future. A contrarian is an investment strategy where the fund manager keeps a strong watch on the market to identify those underperforming stocks which have great potential to grow in the future. What are Contra Mutual Funds?Ĭontra 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. So, let’s know more about contra Mutual Funds. In other words, it is defined by its against-the-wind kind of Investing style. They are short form of contrarian, where the idea is to invest in shares of companies that are not popular and are not in the favor of the investor at the point in time. Top 3 Best Contra Funds to Invest in 2023 Updated on, 32129 viewsĪre you the kind of investor who likes taking a little adventure in investments? If yes, then you need to know about contra funds. Best Performing Contra Funds to Invest in FY 23 - 24.
