The scheme aims to generate capital appreciation from a diversified portfolio of equity and equity related instruments. It will invest in stocks of companies, which are fundamentally sound but are undervalued.
Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Shibani Sircar Kurian
Ms. Kurian has done PGDM (Specialization in Finance), BSc (Hons)-Economics
Prior to joining Kotak AMC, she was working with Dawnay Day AV India Advisors Pvt Ltd and UTI AMC.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Kotak Contra Fund is ₹155.45 as of 2026-08-28.
Kotak Contra Fund is classified as a Value Oriented fund.
The Assets Under Management (AUM) of Kotak Contra Fund is ₹5,449.89 Cr.
The expense ratio of Kotak Contra Fund is 2.02%.
Kotak Contra Fund is managed by Shibani Sircar Kurian.
The minimum SIP investment for Kotak Contra Fund is ₹100.
The exit load for Kotak Contra Fund is 1%.
As per the SEBI Riskometer, Kotak Contra Fund carries a Very High risk level.
Kotak Contra Fund has delivered 5.37% (1Y), 15.9% (3Y) and 14.4% (5Y) annualised returns as of 2026-08-28.
Kotak Contra Fund was launched on 1994-08-05.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
