"A contra fund is a diversified equity fund. It parts company with other diversified equity funds in the types of stocks it chooses to invest in. As the name suggests, it follows a contrarian view to investing. This means the fund manager will deliberately bypass the popular stocks that everyone else is chasing. Instead, he will invest in companies that are not in fashion. Usually the fund managers invest in undervalued stocks fulfilling criteria fundamental strength, underperformance and change in the business environment Source: http://in.docsity.com/en-docs/Mutual_Fund_Investment_-_Security_Analysis_and_Portfolio_Management_-_Solved_Quiz_"
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