Follows a contrarian strategy, buying out-of-favour stocks or sectors against the prevailing market trend. SEBI allows an AMC to offer either a Value fund or a Contra fund, not both.
Taxation: typically taxed as an equity-oriented fund — gains held over a year are long-term (12.5% beyond the annual exemption threshold), shorter holdings are short-term (20%). This is general information, not tax advice — confirm current rules for your situation with a qualified professional.
See the full live category table on the dashboard, or estimate returns with the MF returns calculator using this category's actual historical median.