SBI Mutual Fund

Hii sir, I Wants to get the Information About the Contra Fund of the State Bank of india Mutual Fund ?

SBI Mutual Fund is a bank sponsored fund house with its corporate headquarters in Mumbai, India. It is a joint venture between the State Bank of India, an Indian multinational, Public Sector banking and financial services company and Amundi, a European asset management company.

Contra Fund
Contra investing involves selecting businesses which may be currently ‘out of favour’ but have the potential to deliver capital appreciation in the long term. A contrarian investment approach leads to investing in companies which are fundamentally good but whose share prices are not reflecting their true potential.

NAV Moment

Standard Deviation*: 14.14%
Beta*: 0.94
Expense Ratio*: 2.11
Portfolio Turnover*: 0.73

Dividend

Record Date Dividend (in /unit)*
23 Jun 2017 2.3
26 Feb 2016 2
26 Dec 2014 2
29 Nov 2013 1.5

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Answered By StudyChaCha Member