Today news
About the same in other media
Mutual Fund Investment: Should Contra Funds be part of your investment portfolio?
Reading now: 585
‘Contra’ comes from the word contrarian, which essentially means going against prevailing norms. Contra mutual funds, typically equity in nature, invest in themes and stocks which are non-performers and depreciated currently but nevertheless have strong fundamental values. So, these funds follow a contrarian view and bet on stocks that are expected to perform in the future. Contra funds are generally cyclical in nature and generate high returns after a relatively long gestation period.
The fund managers of contra mutual fund schemes essentially look for those undervalued stocks which have not participated in the market momentum for various reasons. Factors for undervaluation could stretch from regulatory measures to business cycles or
Read more on financialexpress.comAbout this in other media
Xi says China is ready to work with U.S. on condition of 'mutual respect' cnbc.com /2 years ago
Your Queries (Loans): Do not take loans to fund your stock market investments financialexpress.com /2 years ago
Dividend vs Growth options for mutual fund investment: What can make you rich fast? financialexpress.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
