Investing in Invesco India Contra Fund yields significant returns

Investing ₹1 lakh in the Invesco India Contra Fund since its launch in 2007 would have grown to ₹11.57 lakh today. This represents an annualized return of 14.70 percent over 17-18 years. The fund uses a contrarian investment strategy, focusing on fundamentally sound companies at attractive valuations. Currently, it has a total asset size of ₹16,292 crore, with 97.5 percent in equity. Recent performance shows that investments have also grown significantly over shorter periods. For example, ₹1 lakh invested one year ago would now be worth ₹1.06 lakh, while a five-year investment would have increased to ₹2.39 lakh.