News From Press Contrarian bets in market peaks: Midcap stocks that have turned contra fund favourites

Contrarian bets in market peaks: Midcap stocks that have turned contra fund favourites

Source: Moneycontrol Oct 30, 2023

Contra mutual fund schemes look for stocks that are either beaten up or have not run up much comparably and are available at reasonable valuation but having high potential to show a turnaround. Three mutual fund schemes - Invesco India Contra, Kotak India EQ Contra and SBI Contra Fund - now predominantly follow the contra strategy.

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