ICICI Pru Contra Fund Key Offer Details
- Opening date
- 28 Sept 2026
- Closing date
- 12 Oct 2026
- Scheme type
- Open-Ended
- NAV
- ₹10
- Min. invst.
- ₹1,000
- Min. SIP
- ₹1,000
About ICICI Pru Contra Fund
Contra funds invest in stocks that are not performing very well at a particular time. These investments focus on under-owned sector which have high potential but being neglected by investors.
ICICI Pru Contra Fund Scheme Info
- Plan
- Direct
- Lock in
- None
- Exit Load
- 1%
1% on or before 1M, NIL after 1M
- Base Exp. Ratio
- 0%
- Benchmark
- NIFTY 500 - TRI
ICICI Pru Contra Fund Scheme Objective
To generate long-term capital appreciation by investing in Equity & Equity related instruments following contrarian investment strategy. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
AMC Profile of ICICI Pru Contra Fund
ICICI Prudential Asset Management Company Ltd. is the leading AMC in the leading AMC in the country. The AMC is joint venture between ICICI Bank and Prudential Plc, one of the UK's largest players in the financial services sectors.
- Total AUM
- ₹ 10,31,302.28 Cr
- No. of schemes
- 113
ICICI Pru Contra Fund Manager Profile
ICICI Pru Contra Fund Peers
ICICI Pru Contra Fund Peers & Comparison
Comparing 4 mutual funds from
EquityContra Fund Frequently asked questions
What is ICICI Pru Contra Fund?
ICICI Pru Contra Fund is an open-ended Contra Fund scheme launched by ICICI Prudential Asset Management Company Limited, investing primarily in Equity. It is benchmarked against NIFTY 500 - TRI and offered in Direct and Regular plans with Growth and IDCW options.
What is the open date of ICICI Pru Contra Fund NFO?
The NFO of ICICI Pru Contra Fund opens for subscription on 27 Sep 2026.
What is the close date of ICICI Pru Contra Fund NFO?
The NFO of ICICI Pru Contra Fund closes for subscription on 12 Oct 2026. Applications must be submitted before this date for allotment at the NFO offer price.
What is the minimum lumpsum investment in ICICI Pru Contra Fund?
The minimum lumpsum investment in ICICI Pru Contra Fund is ₹1,000.
What is the minimum SIP amount for ICICI Pru Contra Fund?
The minimum SIP amount for ICICI Pru Contra Fund is ₹100 per SIP installment.
Who is the fund manager of ICICI Pru Contra Fund?
ICICI Pru Contra Fund is managed by Sankaran Naren, Dharmesh Kakkad, Sakshat Goel, Gaurav Chikane, who has 21 years of fund management experience and also manages 18 other schemes at ICICI Prudential Asset Management Company Limited.
Is ICICI Pru Contra Fund a good investment?
ICICI Pru Contra Fund is a new scheme with no performance track record yet, so it should be evaluated on Sankaran Naren, Dharmesh Kakkad, Sakshat Goel, Gaurav Chikane's experience, ICICI Prudential Asset Management Company Limited's record on similar schemes, the fund's Equity strategy, and fit with an investor's existing portfolio — not past returns.
What type of fund is ICICI Pru Contra Fund?
ICICI Pru Contra Fund is categorized as a Contra Fund scheme under SEBI's mutual fund classification — investing at least 35% each in large-cap and mid-cap stocks (for Large & Mid Cap funds).
Is there a lock-in period or exit load for ICICI Pru Contra Fund?
ICICI Pru Contra Fund has no lock-in period and an exit load of 1% if redeemed within 1 month of investment.
