HSBC Business Cycles Fund Direct Growth

Equity
Thematic
Very High Risk
+20.07%
3Y annualised
+0.91% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 12 Dec 2025
₹46.08
Rating
NA
Min. SIP amount
₹500
Fund size
₹1,152.07Cr

Returns calculator

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

Holdings (69)

NameSectorInstrumentAssets
ServicesEquity6.22%
EnergyEquity5.47%
FinancialEquity5.12%
FinancialEquity4.32%
Capital GoodsEquity2.52%
Capital GoodsEquity2.41%
ConstructionEquity2.37%
ConstructionEquity2.35%
ServicesEquity2.09%
FinancialEquity2.03%
ConstructionEquity1.97%
FinancialEquity1.94%
FinancialEquity1.90%
ServicesEquity1.88%
ChemicalsEquity1.79%
ConstructionEquity1.67%
ServicesEquity1.67%
AutomobileEquity1.53%
Capital GoodsEquity1.52%
Capital GoodsEquity1.48%
Capital GoodsEquity1.46%
ChemicalsEquity1.43%
TextilesEquity1.42%
FinancialEquity1.37%
ServicesEquity1.36%
Capital GoodsEquity1.36%
Consumer StaplesEquity1.34%
Consumer DiscretionaryEquity1.34%
Capital GoodsEquity1.29%
Consumer DiscretionaryEquity1.25%
FinancialEquity1.21%
ConstructionEquity1.15%
AutomobileEquity1.15%
ConstructionEquity1.10%
ServicesEquity1.08%
FinancialEquity1.02%
ServicesEquity1.02%
Metals & MiningEquity1.01%
ChemicalsEquity1.00%
Consumer DiscretionaryEquity0.98%
FinancialEquity0.98%
ChemicalsEquity0.97%
Capital GoodsEquity0.96%
Capital GoodsEquity0.95%
ChemicalsEquity0.94%
ServicesEquity0.90%
TextilesEquity0.88%
ServicesEquity0.85%
FinancialEquity0.80%
ServicesEquity0.76%
FinancialEquity0.71%
Metals & MiningEquity0.70%
ConstructionEquity0.65%
AutomobileEquity0.59%
FinancialEquity0.55%
ConstructionEquity0.55%
FinancialEquity0.52%
Capital GoodsEquity0.50%
Consumer DiscretionaryEquity0.49%
FinancialEquity0.48%
Capital GoodsEquity0.45%
Capital GoodsEquity0.45%
ConstructionEquity0.42%
EnergyEquity0.39%
TextilesEquity0.36%
Capital GoodsEquity0.35%
Metals & MiningEquity0.23%
Capital GoodsEquity0.15%
TVS Motor Company Ltd - Pref. Shares
AutomobilePref. Shares0.02%
See All

Minimum investment amounts

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

Returns and rankings

Category: Equity Thematic
Annualised returns
Absolute returns
3Y5Y10YAll
Fund returns20.1%21.6%14.9%14.4%
Category average16.2%20.3%13.8%NA
Rank with in category11NANA
Understand terms

Expense ratio, exit load and tax

Expense ratio: 1.06%

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

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms
Check past data

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
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Pros and cons

Category: Equity Thematic

Pros

3Y, 5Y and 10Y annualised returns higher than category average
Lower expense ratio: 1.06%
Higher alpha: 4.97 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y

Cons

1Y annualised returns lower than category average by 3.41%

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