How to Invest in HSBC Business Cycles Fund Direct Growth?

You can easily invest in HSBC Business Cycles Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for HSBC Business Cycles Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in HSBC Business Cycles Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HSBC Business Cycles Fund Direct Growth provide?

The HSBC Business Cycles Fund Direct Growth has been there from 20 Aug 2014 and the average annual returns provided by this fund is 6.38% since its inception.

How much expense ratio is charged by HSBC Business Cycles Fund Direct Growth?

The term Expense Ratio used for HSBC Business Cycles Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of HSBC Business Cycles Fund Direct Growth is 1.42% as of 23 Mar 2023...

What is the AUM of HSBC Business Cycles Fund Direct Growth?

The AUM, short for Assets Under Management of HSBC Business Cycles Fund Direct Growth is ₹535.90Cr as of 23 Mar 2023.

How to Redeem HSBC Business Cycles Fund Direct Growth?

If you want to sell your HSBC Business Cycles Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of HSBC Business Cycles Fund Direct Growth?

You can select either SIP or Lumpsum investment of HSBC Business Cycles Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of HSBC Business Cycles Fund Direct Growth?

The NAV of HSBC Business Cycles Fund Direct Growth is ₹25.31 as of 23 Mar 2023.

What is the PE and PB ratio of HSBC Business Cycles Fund Direct Growth?

The PE ratio ratio of HSBC Business Cycles Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

HSBC Business Cycles Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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 ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: 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
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
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%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
28 Feb 2023 - Present
1.42%
31 Jan 2023 - 28 Feb 2023
1.41%
31 Dec 2022 - 31 Jan 2023
1.43%
31 Dec 2022 - 31 Dec 2022
1.43%
30 Nov 2022 - 31 Dec 2022
1.44%
30 Nov 2022 - 30 Nov 2022
1.44%
31 Oct 2022 - 30 Nov 2022
1.44%
Expense ratio, exit load and taxExpense ratio: 1.42%Inclusive of GST
Exit loadFor units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementVenugopal 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
HSBC Flexi Cap Fund IDCW
HSBC Flexi Cap Fund Growth
L&T Conservative Hybrid Fund Growth
L&T Conservative Hybrid Fund IDCW Monthly
L&T Conservative Hybrid Fund IDCW Quarterly
HSBC Midcap Fund IDCW
HSBC Midcap Fund Growth
HSBC Infrastructure Fund Growth
L&T Infrastructure Fund-Dividend
HSBC Equity Savings Fund IDCW Monthly
HSBC Equity Savings Fund IDCW Quarterly
HSBC Equity Savings Fund Growth
L&T Flexicap Fund Growth
L&T Flexicap Fund IDCW
HSBC ELSS Fund Growth
HSBC ELSS Fund IDCW
L&T Large and Midcap Fund Growth
L&T Large and Midcap Fund IDCW
L&T India Large Cap Fund Growth
L&T India Large Cap Fund IDCW
HSBC Value Fund Growth
HSBC Value Fund IDCW
HSBC Aggressive Hybrid Fund Growth
HSBC Aggressive Hybrid Fund IDCW
HSBC Balanced Advantage Fund IDCW
HSBC Balanced Advantage Fund Growth
L&T Flexicap Fund Direct IDCW
L&T Flexicap Fund Direct Growth
HSBC Balanced Advantage Fund Direct IDCW
HSBC Balanced Advantage Fund Direct Growth
L&T India Large Cap Fund Direct Growth
L&T India Large Cap Fund Direct IDCW
HSBC Aggressive Hybrid Fund Direct Growth
HSBC Aggressive Hybrid Fund Direct IDCW
L&T Large and Midcap Fund Direct Growth
L&T Large and Midcap Fund Direct IDCW
HSBC Value Fund Direct IDCW
HSBC Value Fund Direct Growth
HSBC Infrastructure Fund Direct IDCW
HSBC Infrastructure Fund Direct Growth
HSBC ELSS Fund Direct Growth
HSBC ELSS Fund Direct IDCW
HSBC Equity Savings Fund Direct IDCW Quarterly
HSBC Equity Savings Fund Direct Growth
HSBC Equity Savings Fund Direct IDCW Monthly
HSBC Midcap Fund Direct IDCW
HSBC Midcap Fund Direct Growth
L&T Conservative Hybrid Fund Direct Growth
L&T Conservative Hybrid Fund Direct IDCW Monthly
L&T Conservative Hybrid Fund Direct IDCW Quarterly
HSBC Flexi Cap Fund Direct IDCW
HSBC Flexi Cap Fund Direct Growth
HSBC Small Cap Fund Direct Growth
HSBC Small Cap Fund IDCW
HSBC Small Cap Fund Direct IDCW
HSBC Small Cap Fund Growth
HSBC Arbitrage Fund Regular Growth
HSBC Arbitrage Fund Direct IDCW Monthly
HSBC Arbitrage Fund Direct IDCW Quarterly
HSBC Arbitrage Fund Regular IDCW Quarterly
HSBC Arbitrage Fund Direct Growth
HSBC Arbitrage Fund Regular Bonus
HSBC Arbitrage Fund Regular IDCW Monthly
HSBC Arbitrage Fund Direct Bonus
HSBC Business Cycles Fund Direct Growth
HSBC Business Cycles Fund Regular IDCW
HSBC Business Cycles Fund Regular Growth
HSBC Business Cycles Fund Direct IDCW
HSBC Aggressive Hybrid Fund IDCW Yearly
HSBC Aggressive Hybrid Fund Direct IDCW Yearly
L&T Emerging Opportunities Fund Series I Direct IDCW
L&T Emerging Opportunities Fund Series I Regular IDCW
L&T Emerging Opportunities Fund Series II Regular IDCW
L&T Emerging Opportunities Fund Series II Direct IDCW
L&T Focused Equity Fund Direct IDCW
L&T Focused Equity Fund Direct Growth
L&T Focused Equity Fund Regular IDCW
L&T Focused Equity Fund Regular Growth
Ankur Arora
Nov 2022 - Present
View details
Education
Mr. Arora is a B.Com (H) from Guru Nanak Dev University and PGDM in Management from IIM
Experience
Prior to joining HSBC Mutual Fund he has worked with IDFC AMC, ING investments Management (India) Pvt. Ltd., Macquarie Capital Securities, Evalueserve Pvt. Ltd. and UTI Asset Management Co. Pvt Ltd.
Also manages these schemes
HSBC Large Cap Fund IDCW
HSBC Large Cap Fund Growth
HSBC Small Cap Equity Fund Growth
HSBC Small Cap Equity Fund IDCW
HSBC Large Cap Fund Direct IDCW
HSBC Large Cap Fund Direct Growth
HSBC Small Cap Equity Fund Direct IDCW
HSBC Small Cap Equity Fund Direct Growth
HSBC Focused Fund Regular Growth
HSBC Focused Fund Regular IDCW
HSBC Focused Fund Direct Growth
HSBC Focused Fund Direct IDCW
HSBC Mid Cap Fund(Ex) Regular IDCW
HSBC Mid Cap Fund(Ex) Regular Growth
HSBC Mid Cap Fund(Ex) Direct Growth
HSBC Mid Cap Fund(Ex) Direct IDCW
HSBC Business Cycles Fund Direct Growth
HSBC Business Cycles Fund Regular IDCW
HSBC Business Cycles Fund Regular Growth
HSBC Business Cycles Fund Direct IDCW
Fund house & investment objective
HSBC Mutual Fund
Rank (total assets)#21 in India
Total AUM₹13,220.91Cr
Date of Incorporation27 May 2002
 HSBC Business Cycles Fund Direct Growth is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Sonal Gupta is the Current Fund Manager of HSBC Business Cycles Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹13,221 Cr and the Latest NAV as of 23 Mar 2023 is ₹25.31.
The HSBC Business Cycles Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
;
Investment ObjectiveThe scheme seeks to generate long term capital appreciation from a portfolio of 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 of business cycles in the economy.
;
Fund benchmarkNIFTY 500 Total Return Index
Scheme Information Document(SID)
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
E-mail
[email protected]
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,
Email
[email protected]
Website
www.camsonline.com
Compare funds
HSBC Business Cycles Fund Direct Growth
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	6.4%	28.0%	8.8%	11.4%
Category average	3.0%	27.5%	9.3%	NA
Rank with in category	11	11	8	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	6.9%
ICICI Bank Ltd.	Financial	Equity	6.8%
State Bank of India	Financial	Equity	4.4%
Larsen & Toubro Ltd.	Construction	Equity	4.3%
Reliance Industries Ltd.	Energy	Equity	3.7%
ABB India Ltd.	Capital Goods	Equity	3.5%
Aegis Logistics Ltd.	Services	Equity	3.2%
Ratnamani Metals & Tubes Ltd.	Metals & Mining	Equity	3.1%
Housing Development Finance Corporation Ltd.	Financial	Equity	2.7%
Ultratech Cement Ltd.	Construction	Equity	2.7%

Rank (total assets)	#21 in India
Total AUM	₹13,220.91Cr

Date of Incorporation	27 May 2002

Fund benchmark	NIFTY 500 Total Return Index

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

Rating	NA
Fund size	₹535.90Cr

HSBC Business Cycles Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (47)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.42%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Venugopal ManghatJul 2014 - PresentView details

Ankur AroraNov 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Venugopal Manghat
Jul 2014 - Present
View details

Ankur Arora
Nov 2022 - Present
View details