HSBC Business Cycles Fund - Direct Growth
HSBC Global Asset Management (India) Private Limited · Direct Plan · Growth
Fund overview
Nil upto 10% of units and 1% for above the limits on or before 1Y, Nil after 1Y
Returns & rankings
| Period | Fund Returns | Category Avg. | Rank | VS Category |
|---|---|---|---|---|
| … | ||||
Green = fund outperformed the category average for that period; red = underperformed. Periods under 1 year always show absolute (non-annualised) returns. Past performance does not guarantee future returns.
Return calculator
One-time investment
₹5,000
| Over the past | Total investment | Would've become | Returns |
|---|---|---|---|
| 1 Year | ₹5,000 | ₹5,662 | +662 |
| 3 Years | ₹5,000 | ₹7,262 | +2,262 |
| 5 Years | ₹5,000 | ₹9,313 | +4,313 |
Calculated using the fund's annualised return since inception (13.2% p.a.) as period-wise historical returns aren't available in the current feed. Actual returns fluctuate and are not guaranteed. Mutual fund investments are subject to market risks.
Holdings
70 securitiesTop 10 holdings make up 27.6% of the portfolio.
| Security | Sector | Market Cap | Weight |
|---|---|---|---|
| ICICI Bank Ltd | Banks | Large Cap | 5.33% |
| MTAR Technologies Ltd | Aerospace & Defense | Small Cap | 3.90% |
| Interglobe Aviation Ltd | Transport Services | Large Cap | 3.38% |
| HDFC Bank Ltd | Banks | Large Cap | 2.97% |
| Reliance Industries Ltd | Petroleum Products | Large Cap | 2.58% |
| Hindustan Aeronautics Ltd | Aerospace & Defense | Large Cap | 2.53% |
| RBL Bank Ltd | Banks | Small Cap | 2.43% |
| ICICI Prudential Asset Management Co Ltd | Capital Markets | Large Cap | 2.26% |
| Bharat Electronics Ltd | Aerospace & Defense | Large Cap | 2.22% |
| Larsen & Toubro Ltd | Construction | Large Cap | 2.12% |
Portfolio Allocation
Equity / Debt / Cash
Total Value
₹1,179 Cr
Market Cap Split
Total Value
100%
Equity sector allocation
Total Value
₹1,157 Cr
Exit load, stamp duty & tax
30-Jul-14
Nil upto 10% of units and 1% for above the limits on or before 1Y, Nil after 1Y
0.005% (from July 1st, 2020)
Taxation depends on the fund category and holding period. Consult the scheme document or a tax advisor for details.
Risk & Performance Ratios (1Y)
| Standard Deviation | 11.28% |
| Beta | 0.85 |
| Sharpe Ratio | 3.12 |
| Sortino Ratio | 0.34 |
| Treynor Ratio | 0.41 |
| Jensen's Alpha | 10.21 |
| Information Ratio | 0.30 |
| R-Squared | 75.61% |
| Max Drawdown | -3.07% |
| Upside Capture | 114.32% |
| Downside Capture | 68.84% |
Fund management
Scheme Details
Investment objective
To Seek To Generate Long-Term Capital Appreciation From A Portfolio Of Predominantly Equity And Equity Related Securities, Including Equity Derivatives, In The Indian Market With Focus On Riding Business Cycles Through Dynamic Allocation Between Various Sectors And Stocks At Different Stages Ofbusiness Cycles In The Economy.
Fund house
HSBC Global Asset Management (India) Private Limited
Frequently asked questions
What is the NAV of HSBC Business Cycles Fund - Direct Growth?
The NAV of HSBC Business Cycles Fund - Direct Growth is ₹45.79 as of 21 Oct 2026. NAV is updated at the end of every trading day.
How much expense ratio is charged by HSBC Business Cycles Fund - Direct Growth?
The expense ratio charged by HSBC Business Cycles Fund - Direct Growth is 1.12%.
What is the Min. SIP of HSBC Business Cycles Fund - Direct Growth?
The minimum SIP investment in HSBC Business Cycles Fund - Direct Growth is ₹500 per month.
What is the Min. Lumpsum of HSBC Business Cycles Fund - Direct Growth?
The minimum lumpsum investment in HSBC Business Cycles Fund - Direct Growth is ₹5,000.
What is the Exit Load of HSBC Business Cycles Fund - Direct Growth?
The exit load for HSBC Business Cycles Fund - Direct Growth is: Nil upto 10% of units and 1% for above the limits on or before 1Y, Nil after 1Y
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