Contra mutual funds employ a contrarian investment strategy, focusing on undervalued stocks with growth potential. They offer benefits like high returns, diversification, and professional management, but come with risks such as market volatility and stock selection challenges.

​Contra mutual funds employ a contrarian investment strategy, focusing on undervalued stocks with growth potential. They offer benefits like high returns, diversification, and professional management, but come with risks such as market volatility and stock selection challenges.