Is Figrx a good fund?
Performance. The fund has returned -15.65 percent over the past year, 6.58 percent over the past three years, 6.05 percent over the past five years and 6.81 percent over the past decade.
Is Fidelity Contrafund closed to new investors?
BOSTON (MarketWatch) — Fidelity Investments is closing its biggest stock mutual fund, the $63.8 billion Contrafund, to new investors along with another fund run by William Danoff after the funds attracted billions of dollars in cash over a year.
Should I keep Fidelity Contrafund?
Overall, Fidelity Contrafund ( FCNTX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively similar performance, average downside risk, and lower fees, Fidelity Contrafund ( FCNTX ) looks like a good potential choice for investors right now.
Is Contrafund still a good buy?
Over the last 20 years, Contrafund has regularly outperformed both the Dow Jones Industrial Average and the S&P 500 Index to tack on a 350% return in that period. A core holding for almost every long-term, growth-oriented portfolio, the fund holds a focused list of about 300 or so top stocks.
Is SBI Contra Fund good?
SBI Contra, a 23- year-old equity fund, is a good buy given its significant outperformance of its benchmark and peers in the last five years, its differentiated low PE portfolio and focus on out-of-favour stocks and sectors.
Which is best contra fund?
List of Contra Mutual Funds in India
Fund Name | Category | 1Y Returns |
---|---|---|
Kotak India EQ Contra Fund | Equity | 2.2% |
SBI Contra Fund | Equity | 13.6% |
Invesco India Contra Fund | Equity | 2.2% |
View All |
Should I invest in Contra fund?
A Contra Fund does not chase the momentum of the market or bet on the current favorite. On the contrary, it bets on the opposite – the underdog. Hence, you should consider investing in a Contra Mutual Fund if you have a reasonable risk tolerance, an investment horizon of 5+ years, and tons of patience.