SBI Contra Fund Direct Growth NAV Rises to ₹406.11 on 17 September; 5-Year CAGR at 14.52%

Key Takeaways

• SBI Contra Fund Direct Growth NAV rose 0.43% to ₹406.11 on 17 September 2026. The move came alongside a three-year CAGR of 9.96%.
• The scheme's latest one-year return was -3.78%, whereas the three-year and five-year CAGRs were 9.96% and 14.52%. This placed the five-year figure 18.30 percentage points above the most recent one-year return.
• TREPS was the largest disclosed overall allocation at 7.11%. Among equities, Reliance Industries led at 4.75%, followed closely by ICICI Bank and HDFC Bank.
• Assets under management stood at approximately ₹47,589 crore and the Direct Growth expense ratio was 0.86%. The minimum SIP was ₹500 and the minimum lump-sum investment was ₹5,000.

SBI Contra Fund Direct Growth NAV increased 0.43% to ₹406.11 on 17 September 2026. The scheme's three-year CAGR stood at 9.96%. It managed approximately ₹47,589 crore and carried a Direct Growth expense ratio of 0.86%. The minimum SIP was ₹500, while the minimum lump-sum investment stood at ₹5,000.

The latest one-year return remained negative at -3.78%. Over three years, the annualised return was 9.96%, while the five-year CAGR reached 14.52%. The five-year figure was therefore 18.30 percentage points higher than the latest one-year result. It also exceeded the three-year CAGR by 4.56 percentage points.

TREPS formed the largest disclosed portfolio entry at 7.11%. Among listed equities, Reliance Industries accounted for 4.75%, followed by ICICI Bank at 4.55%, HDFC Bank at 4.54% and Biocon at 3.47%. Including TREPS, the five largest disclosed entries made up 24.42% of assets, leaving 75.58% distributed across other portfolio components.

Historical risk readings included beta of 0.98 and standard deviation of 4.06. Alpha stood at 6.34, while the Sharpe ratio was 0.55. These metrics describe the portfolio's historical characteristics and should not be interpreted as forecasts of future returns or volatility.

The fund follows a contrarian investment approach rather than a market-cap-specific mandate. The current numbers show a wide difference between the most recent one-year return and the fund's longer three- and five-year annualised performance.