HSBC Business Cycles Fund Direct Growth

Equity
Thematic
Very High Risk
+21.56%
3Y annualised
-1.27% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 21 Nov 2025
₹46.65
Rating
NA
Min. SIP amount
₹500
Fund size
₹1,161.00Cr

Return calculator

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

Holdings (67)

NameSectorInstrumentAssets
ServicesEquity5.66%
EnergyEquity5.14%
FinancialEquity4.92%
FinancialEquity4.20%
Capital GoodsEquity2.57%
Capital GoodsEquity2.47%
ConstructionEquity2.31%
ServicesEquity2.25%
ConstructionEquity2.25%
FinancialEquity2.10%
ConstructionEquity2.02%
FinancialEquity2.00%
ConstructionEquity1.95%
ChemicalsEquity1.86%
FinancialEquity1.85%
ServicesEquity1.83%
ServicesEquity1.76%
Capital GoodsEquity1.55%
Capital GoodsEquity1.54%
ChemicalsEquity1.53%
AutomobileEquity1.51%
ServicesEquity1.49%
Capital GoodsEquity1.47%
Consumer DiscretionaryEquity1.46%
Consumer StaplesEquity1.41%
FinancialEquity1.39%
Consumer DiscretionaryEquity1.38%
TextilesEquity1.27%
FinancialEquity1.24%
AutomobileEquity1.23%
ServicesEquity1.18%
Capital GoodsEquity1.16%
ConstructionEquity1.15%
Capital GoodsEquity1.12%
ChemicalsEquity1.11%
ServicesEquity1.11%
ChemicalsEquity1.09%
Metals & MiningEquity1.06%
Capital GoodsEquity1.04%
ConstructionEquity1.03%
Capital GoodsEquity1.03%
ChemicalsEquity1.02%
ServicesEquity0.97%
Consumer DiscretionaryEquity0.94%
ServicesEquity0.90%
ServicesEquity0.88%
FinancialEquity0.77%
FinancialEquity0.76%
TextilesEquity0.76%
ConstructionEquity0.74%
FinancialEquity0.73%
Metals & MiningEquity0.66%
AutomobileEquity0.61%
ConstructionEquity0.58%
FinancialEquity0.54%
FinancialEquity0.52%
Capital GoodsEquity0.52%
FinancialEquity0.51%
EnergyEquity0.49%
Capital GoodsEquity0.48%
ConstructionEquity0.47%
TextilesEquity0.47%
Capital GoodsEquity0.46%
Capital GoodsEquity0.33%
Metals & MiningEquity0.26%
Capital GoodsEquity0.24%
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
1Y3Y5YAll
Fund returns3.7%21.6%22.8%14.7%
Category average5.2%18.0%21.5%NA
Rank with in category1111NA
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
Citibank NA
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 1.51%

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