HSBC Business Cycles Fund Direct Growth

Equity
Sectoral / Thematic
Very High Risk
28.01%
3Y annualised
+0.14% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 23 Mar 2023₹25.31
Min. SIP amount₹1,000
RatingNA
Fund size₹535.90Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.4%28.0%8.8%11.4%
Category average3.0%27.5%9.3%NA
Rank with in category11118NA
Understand terms

Holdings (47)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity6.9%
ICICI Bank Ltd.FinancialEquity6.8%
State Bank of IndiaFinancialEquity4.4%
Larsen & Toubro Ltd.ConstructionEquity4.3%
Reliance Industries Ltd.EnergyEquity3.7%
ABB India Ltd.Capital GoodsEquity3.5%
Aegis Logistics Ltd.ServicesEquity3.2%
Ratnamani Metals & Tubes Ltd.Metals & MiningEquity3.1%
Housing Development Finance Corporation Ltd.FinancialEquity2.7%
Ultratech Cement Ltd.ConstructionEquity2.7%
See All

Pros and cons

Category: Equity Sectoral / Thematic

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y and 3Y
5Y annualised returns lower than category average by 0.51%
Lower expense ratio: 1.42%

Expense ratio, exit load and tax

Expense ratio: 1.42%

Inclusive of GST

Exit load

For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Venugopal Manghat
Jul 2014 - Present
View details

Education
Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T Mutual Fund, Tata Asset Management Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9-11th Floor,NESCO - IT Park Bldg. 3, Nesco Complex,Western Express Highway, Goregaon East, Mumbai 400063
Phone
022-66145000 / 66668819 / 1800-200-2434
Launch Date
27 May 2002
Website
NA
HSBC Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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