Equity · Equity Scheme - Contra Fund

Kotak Contra Fund

Kotak Mahindra · Direct Plan · Growth · as of 2026-10-22

₹170.33 -0.75% today

Open in live screener →

Key metrics

Latest NAV

₹170.33

Day change

-0.75%

Volatility

16.0%

Sharpe

-0.86

Max drawdown

-37.9%

AUM

₹5,086 Cr

Category rank

5 / 6

Further reading: Why large-cap funds show deeper drawdowns than small caps

Trailing returns

Period	1W	1M	3M	6M	1Y	3Y	5Y	7Y	10Y
Return	-2.05%	-5.95%	-6.93%	-5.23%	-7.28%	12.96%	12.26%	16.62%	15.50%

Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.

NAV history

Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.

About this fund

Kotak Contra Fund is a equity fund following a specific style offered by Kotak Mahindra Mutual Fund, classified under Equity as Equity Scheme - Contra Fund. Style-based funds can behave differently from the broad market over short periods. Its latest NAV is ₹170.33, with assets under management of about ₹5,086 Cr (April - June 2026).

Further reading: How much does the category decide, and how much the fund?

Performance analysis

Over the trailing one year, Kotak Contra Fund has recorded a return of about -7.3%, with a three-year return of 13.0% and a five-year return of 12.3%. Its annualised volatility is 16.0% — relatively large fluctuations — and its Sharpe ratio is -0.86, a measure of return per unit of risk taken.

Further reading: Reading a fund page: what each number does and doesn't say

Rolling returns

Window	Avg	Median	Min	Max	% Pos	% >12
1Y	19.00	13.78	-30.92	100.97	91%	54%
3Y	18.75	19.38	-2.92	35.45	100%	86%
5Y	19.42	18.49	12.16	32.78	100%	100%
7Y	18.64	18.67	16.05	21.58	100%	100%
10Y	16.65	16.80	15.49	17.59	100%	100%

Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.

Further reading: Why a single trailing return misleads, measured across 830 funds

Frequently asked questions

What does Kotak Contra Fund invest in?

It invests primarily in stocks selected by its stated investment style.

How is this fund classified?

It is a Equity Scheme - Contra Fund fund in the Equity group.

How often is the NAV updated?

Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.

How is the rolling return calculated?

Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.

Is past performance a guarantee of future returns?

No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.

Compare with peers

Further reading: Every fund measured against the best performer in its own category

Similar Equity Scheme - Contra Fund

Fund	1M	3M	6M	1Y	3Y	5Y	10Y	TER %
SBI CONTRA FUND Equity Scheme - Contra Fund	-3.90	-4.95	-4.87	-7.88	9.53	13.30	14.64	0.59
Invesco India Contra Fund Equity Scheme - Contra Fund	-4.53	-3.94	-1.61	-7.25	13.02	11.20	14.98	0.48
Motilal Oswal Contra Fund Equity Scheme - Contra Fund	-5.42	-3.72	–	–	–	–	–	0.61
Bandhan Contra Fund Equity Scheme - Contra Fund	-3.81	–	–	–	–	–	–	–
ICICI Prudential Contra Fund Equity Scheme - Contra Fund	–	–	–	–	–	–	–	–

More funds from Kotak Mahindra

Fund	1M	3M	6M	1Y	3Y	5Y	10Y	TER %
Kotak Medium to Long Term Fund Debt Scheme - Medium to Long Duration Fund	-1.42	-1.10	1.48	2.41	6.82	5.83	6.59	–
Kotak Short Term Fund Debt Scheme - Short Duration Fund	-0.36	0.34	2.06	4.32	7.27	6.33	7.15	–
Kotak Credit Risk Fund Debt Scheme - Credit Risk Fund	-0.53	0.67	2.90	5.74	8.30	6.59	7.22	–
Kotak Money Market Fund Debt Scheme - Money Market Fund	0.27	1.50	3.10	6.38	7.31	6.72	6.63	–
Kotak Ultra Short Term Fund Debt Scheme - Ultra Short Duration Fund	0.25	1.36	3.01	6.28	7.14	6.58	6.67	–
Kotak Dynamic Term Fund Debt Scheme - Dynamic Bond Fund	-1.13	-0.30	2.59	3.80	7.65	6.39	7.50	–
Kotak Gilt Fund Debt Scheme - Gilt Fund	-1.34	-1.27	1.29	0.39	5.51	5.13	6.66	–
Kotak Liquid Fund Debt Scheme - Liquid Fund	0.39	1.49	3.12	6.41	6.90	6.38	6.07	–

Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.