SBI Contra Fund vs Tata Value Fund
Direct Plan, Growth option · Data as on 29-10-2026
SBI Contra Fund and Tata Value Fund are both Value and Contra funds. In the 3 years to 30-10-2026, SBI Contra Fund (Direct) returned 10.4% a year and Tata Value Fund (Direct) returned 11.5% a year. SBI Contra Fund charges 0.87% a year and Tata Value Fund 1.06% (Direct plans). Their portfolios overlap 17.2%: they hold 10 of the same securities.
Which is better, SBI Contra or Tata Value? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Contra returned more over 5 years: 13.5% a year against 11.5%.
- Tata Value returned more over 3 years: 11.5% a year against 10.4%.
- SBI Contra costs less: 0.87% a year against 1.06% (Direct plans).
- SBI Contra swung less over 3 years: a standard deviation of 12.5% a year against 15.4%.
- Tata Value fell less in its worst fall since 02-01-2013: −37.9% against −44.7%.
- SBI Contra holds 2.4% of the fund in foreign stocks; Tata Value 0.0%.
- Tata Value holds more in large companies: 65.2% of the fund in large caps against 50.2%.
- SBI Contra is the larger fund: ₹45,068 Cr against ₹8,239 Cr.
- Their portfolios overlap 17.2%: 10 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | SBI Contra Fund | Tata Value Fund |
|---|---|---|
| Fund house | SBI Mutual Fund | Tata Mutual Fund |
| Category | Value and Contra | Value and Contra |
| AUM | ₹45,068 Cr (30-09-2026) | ₹8,239 Cr (30-09-2026) |
| NAV | ₹393.34 (Direct) | ₹375.88 (Direct) |
| Expense ratio (Direct) | 0.87% | 1.06% |
| Expense ratio (Regular) | 1.62% | 1.99% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | Nifty 500 TRI |
| Launch date | 05-07-1999 | 29-06-2004 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Dinesh Balachandran | Sonam Udasi |
| Exit load | Exit load of 0.25% if redeemed within 30 days and 0.10% if redeemed after 30 days but on or before 90 days. | Exit load of 0.50%, if redeemed within 30 days. |
SBI Contra vs Tata Value: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| SBI Contra Fund (Direct) | −1.16% | −5.77% | −4.40% | −9.28% | +10.39% | +13.53% | +14.70% |
| Tata Value Fund (Direct) | −2.72% | −5.29% | −3.70% | −7.07% | +11.48% | +11.54% | +13.19% |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | +12.63% |
Category average: the average of the 30 Value and Contra funds, same plan type.
SBI Contra vs Tata Value: Year-wise Returns
| Year | SBI ContraSBI Contra | Tata ValueTata Value |
|---|---|---|
| 2026to date | −10.04% | −8.69% |
| 2025 | +7.02% | +4.74% |
| 2024 | +19.94% | +22.90% |
| 2023 | +39.53% | +38.33% |
| 2022 | +13.63% | +7.04% |
| 2021 | +50.98% | +29.39% |
SBI Contra vs Tata Value: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of SBI Contra Fund
Rolling returns
Every 3-year holding period, 2,676 of them, one for each trading day from 04-01-2016 to 29-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
SBI Contra Fund (Direct)
Tata Value Fund (Direct)
BSE 500 TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBI Contra | 6.0 | 6.1 | 13.3 | 17.5 | 13.3 | 16.2 | 27.6 | 17.9% | 17.9% | −10.2% | 49.2% | 68% |
| Tata Value | 2.4 | 5.4 | 7.5 | 13.0 | 31.3 | 22.5 | 17.9 | 17.9% | 18.5% | −7.3% | 37.4% | 65% |
| BSE 500 TRI | 1.8 | 4.2 | 8.0 | 36.8 | 34.3 | 11.6 | 3.3 | 14.8% | 14.9% | −6.2% | 33.9% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 02-01-2013. Past returns do not promise future returns.
SBI Contra vs Tata Value: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-01-2013 to 29-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| SBI ContraSBI Contra Fund (Direct) | ₹16,60,000 | ₹53,27,449 | ₹36,67,449 | 15.6% |
| Tata ValueTata Value Fund (Direct) | ₹16,60,000 | ₹49,65,183 | ₹33,05,183 | 14.7% |
SBI ContraSBI Contra Fund (Direct)
Tata ValueTata Value Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
SBI Contra vs Tata Value: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | SBI Contra Fund (Direct) | Tata Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.28% | −7.07% |
| Standard deviation | 12.23% | 14.58% |
| Sharpe ratio | -1.19 | -0.85 |
| Sortino ratio | -1.53 | -1.11 |
| Maximum drawdown | −13.4% (31-03-2026) | −13.1% (31-03-2026) |
| Beta | 0.84 | 0.97 |
| Alpha | −3.54% | −0.06% |
From daily NAVs, 29-10-2025 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | SBI Contra Fund (Direct) | Tata Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.39% | +11.48% |
| Standard deviation | 12.51% | 15.42% |
| Sharpe ratio | 0.35 | 0.35 |
| Sortino ratio | 0.46 | 0.47 |
| Maximum drawdown | −15.8% (03-03-2025) | −20.9% (03-03-2025) |
| Beta | 0.86 | 1.03 |
| Alpha | +0.83% | +1.15% |
From daily NAVs, 27-10-2023 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | SBI Contra Fund (Direct) | Tata Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.53% | +11.54% |
| Standard deviation | 12.57% | 14.73% |
| Sharpe ratio | 0.62 | 0.39 |
| Sortino ratio | 0.82 | 0.52 |
| Maximum drawdown | −15.8% (03-03-2025) | −20.9% (03-03-2025) |
| Beta | 0.85 | 0.98 |
| Alpha | +5.27% | +2.78% |
From daily NAVs, 29-10-2021 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | SBI Contra Fund (Direct) | Tata Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.64% | +15.55% |
| Standard deviation | 14.70% | 16.13% |
| Sharpe ratio | 0.58 | 0.59 |
| Sortino ratio | 0.78 | 0.79 |
| Maximum drawdown | −44.7% (23-03-2020) | −37.9% (23-03-2020) |
| Beta | 0.88 | 0.97 |
| Alpha | +2.58% | +2.97% |
From daily NAVs, 02-01-2013 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
SBI Contra Fund (Direct)
Tata Value Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| SBI Contra Fund (Direct) | −44.7% | 23-01-2018 | 23-03-2020 | 02-12-2020 | 8 months | −10.7% |
| Tata Value Fund (Direct) | −37.9% | 27-08-2018 | 23-03-2020 | 06-11-2020 | 7 months | −11.9% |
| BSE 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
From daily values since 02-01-2013, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
SBI Contra Fund (Direct)
Tata Value Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
SBI Contra Fund (Direct)
Tata Value Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
SBI Contra Fund (Direct)
Tata Value Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| SBI Contra Fund (Direct) | 100% | 91% | 5.37% |
| Tata Value Fund (Direct) | 106% | 94% | 5.44% |
From month-end values since 02-01-2013. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
SBI Contra vs Tata Value: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Contra Fund, September 2026; Tata Value Fund, September 2026
Holdings in common
- Overlap
- 17.2%
- Held by both
- 10
- Only in SBI Contra
- 81
- Only in Tata Value
- 27
| Security | % of SBI Contra | % of Tata Value |
|---|---|---|
| ICICI Bank Ltd. | 4.36% | 9.10% |
| Kotak Mahindra Bank Ltd. | 3.15% | 4.42% |
| Indus Towers Ltd. | 2.66% | 4.48% |
| HDFC Bank Ltd. | 4.79% | 2.53% |
| ITC Ltd. | 1.81% | 3.44% |
| Infosys Ltd. | 0.61% | 1.42% |
| Petronet LNG Ltd. | 0.60% | 1.46% |
| Life Insurance Corporation of India | 0.54% | 2.03% |
| Hero MotoCorp Ltd. | 0.52% | 3.63% |
| Tata Consultancy Services Ltd. | 0.42% | 0.96% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 17.2% means 17.2% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in SBI Contra Fund
| Security | % of fund |
|---|---|
| Reliance Industries Ltd. | 4.67% |
| Biocon Ltd. | 3.29% |
| Punjab National Bank | 2.91% |
| Torrent Power Ltd. | 2.48% |
| GAIL (India) Ltd. | 2.33% |
Largest holdings only in Tata Value Fund
| Security | % of fund |
|---|---|
| SHRIRAM FINANCE LTD | 6.01% |
| COAL INDIA LTD | 5.41% |
| MOTILAL OSWAL FINANCIAL SERVICE LTD | 5.31% |
| MUTHOOT FINANCE LTD | 4.34% |
| HINDUSTAN ZINC LTD | 4.33% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | SBI Contra | Tata Value |
|---|---|---|
| Equity | 90.9% | 94.6% |
| Debt | 2.2% | 0.0% |
| Cash and others | 6.8% | 5.4% |
Market cap of stocks
| Market cap | SBI Contra | Tata Value |
|---|---|---|
| Large Cap | 50.2% | 65.2% |
| Mid Cap | 24.5% | 20.3% |
| Small Cap | 13.8% | 9.1% |
| Foreign stocks | 2.4% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | SBI Contra | Tata Value |
|---|---|---|
| Banks | 20.2% | 18.0% |
| Finance | 1.9% | 10.3% |
| Power | 5.0% | 7.0% |
| Pharmaceuticals & Biotechnology | 6.7% | 0.7% |
| Petroleum Products | 5.8% | 4.1% |
| Consumable Fuels | 0.0% | 5.4% |
| Capital Markets | 0.6% | 5.3% |
| Retailing | 2.6% | 4.6% |
| Telecom - Services | 3.9% | 4.5% |
| Automobiles | 3.9% | 3.6% |
The six largest sectors of each fund's stocks, % of the fund.
SBI Contra vs Tata Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Contra Fund | Tata Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.87% | 1.06% |
| Base expense ratio (Direct) | 0.63% | 0.70% |
| Total expense ratio (Regular) | 1.62% | 1.99% |
| Base expense ratio (Regular) | 1.27% | 1.52% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
SBI Contra Fund vs Tata Value Fund: Frequently Asked Questions
What is the difference between SBI Contra Fund and Tata Value Fund?
Both are Value and Contra funds, run by SBI Mutual Fund and Tata Mutual Fund. Their portfolios overlap 17.2%. SBI Contra Fund charges 0.87% a year and Tata Value Fund 1.06%.
Which has given higher returns, SBI Contra Fund or Tata Value Fund?
Over 1 year: SBI Contra Fund −9.28%, Tata Value Fund −7.07%. Over 3 years: SBI Contra Fund +10.39% a year, Tata Value Fund +11.48% a year. Over 5 years: SBI Contra Fund +13.53% a year, Tata Value Fund +11.54% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, SBI Contra Fund or Tata Value Fund?
SBI Contra Fund charges less: 0.87% a year against 1.06%. These are the Direct plans' total expense ratios reported to AMFI.
How much do SBI Contra Fund and Tata Value Fund overlap?
17.2%. They hold 10 of the same securities, the largest shared ones being ICICIBANK, KOTAKBANK, INDUSTOWER. From each fund's latest monthly portfolio.
Which is riskier, SBI Contra Fund or Tata Value Fund?
On SEBI's riskometer, SBI Contra Fund is rated Very High and Tata Value Fund Very High. Over 3 years, the standard deviation of daily returns was 12.51% and 15.42% a year.
Which is better for SIP, SBI Contra Fund or Tata Value Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 29-10-2026 grew to ₹7,77,119 in SBI Contra Fund (XIRR 9.5% a year) and ₹7,77,314 in Tata Value Fund (XIRR 9.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both SBI Contra Fund and Tata Value Fund?
Yes. 17.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages SBI Contra Fund and Tata Value Fund?
SBI Contra Fund: Dinesh Balachandran. Tata Value Fund: Sonam Udasi.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.