HSBC Business Cycles Fund Direct Growth

Equity
Thematic
Very High Risk
23.59%
3Y annualised
+1.35% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 Nov 2024₹45.59
Min. SIP amount₹500
RatingNA
Fund size₹1,003.45Cr

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 Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns43.5%23.6%23.7%15.9%
Category average30.0%17.0%21.8%NA
Rank with in category466NA
Understand terms

Holdings (57)

NameSectorInstrumentAssets
ServicesEquity7.21%
ServicesEquity6.17%
FinancialEquity5.52%
EnergyEquity3.63%
FinancialEquity3.37%
ConstructionEquity2.98%
ConstructionEquity2.92%
Capital GoodsEquity2.86%
ConstructionEquity2.70%
Capital GoodsEquity2.68%
ServicesEquity2.55%
Capital GoodsEquity2.43%
Consumer StaplesEquity2.41%
ServicesEquity2.32%
FinancialEquity2.30%
Consumer DiscretionaryEquity2.25%
ConstructionEquity2.18%
FinancialEquity1.89%
ChemicalsEquity1.75%
ChemicalsEquity1.62%
TextilesEquity1.59%
ServicesEquity1.58%
Capital GoodsEquity1.58%
Capital GoodsEquity1.50%
ConstructionEquity1.49%
Consumer DiscretionaryEquity1.43%
ChemicalsEquity1.42%
ChemicalsEquity1.37%
AutomobileEquity1.25%
ConstructionEquity1.18%
FinancialEquity1.08%
Capital GoodsEquity1.06%
Metals & MiningEquity1.01%
ConstructionEquity1.01%
Metals & MiningEquity1.00%
ServicesEquity0.96%
Consumer DiscretionaryEquity0.95%
ConstructionEquity0.90%
FinancialEquity0.88%
ConstructionEquity0.85%
Capital GoodsEquity0.84%
Capital GoodsEquity0.84%
Capital GoodsEquity0.83%
Metals & MiningEquity0.82%
ConstructionEquity0.81%
Capital GoodsEquity0.78%
FinancialEquity0.68%
ConstructionEquity0.63%
AutomobileEquity0.63%
Capital GoodsEquity0.61%
FinancialEquity0.57%
TextilesEquity0.55%
FinancialEquity0.55%
Metals & MiningEquity0.48%
ConstructionEquity0.43%
Capital GoodsEquity0.41%
Capital GoodsEquity0.29%
See All

Expense ratio, exit load and tax

Expense ratio: 1.21%

Inclusive of GST

Exit load

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

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

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,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
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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