HSBC Business Cycles Fund Direct Growth

Equity
Thematic
Very High Risk
26.46%
3Y annualised
-0.06% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 13 Dec 2024₹49.26
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 returns45.3%26.5%25.3%16.7%
Category average28.7%18.5%22.8%NA
Rank with in category455NA
Understand terms

Holdings (57)

NameSectorInstrumentAssets
ServicesEquity6.73%
ServicesEquity5.74%
FinancialEquity5.44%
EnergyEquity3.69%
FinancialEquity3.42%
Capital GoodsEquity3.03%
ConstructionEquity3.00%
FinancialEquity2.94%
Capital GoodsEquity2.80%
ServicesEquity2.78%
ConstructionEquity2.71%
ServicesEquity2.58%
ConstructionEquity2.53%
Capital GoodsEquity2.38%
Consumer StaplesEquity2.36%
Consumer DiscretionaryEquity2.18%
ConstructionEquity2.16%
FinancialEquity1.89%
ChemicalsEquity1.82%
TextilesEquity1.67%
ChemicalsEquity1.67%
Capital GoodsEquity1.65%
ServicesEquity1.62%
ChemicalsEquity1.56%
Consumer DiscretionaryEquity1.40%
ConstructionEquity1.35%
Capital GoodsEquity1.26%
Capital GoodsEquity1.23%
ChemicalsEquity1.23%
ConstructionEquity1.22%
FinancialEquity1.22%
AutomobileEquity1.20%
Metals & MiningEquity1.12%
Capital GoodsEquity1.02%
ConstructionEquity1.02%
ServicesEquity0.98%
ConstructionEquity0.94%
Consumer DiscretionaryEquity0.93%
Metals & MiningEquity0.93%
FinancialEquity0.88%
Capital GoodsEquity0.85%
ConstructionEquity0.84%
Metals & MiningEquity0.81%
ConstructionEquity0.78%
Capital GoodsEquity0.76%
Capital GoodsEquity0.70%
FinancialEquity0.64%
AutomobileEquity0.63%
TextilesEquity0.61%
Capital GoodsEquity0.60%
ConstructionEquity0.57%
FinancialEquity0.53%
FinancialEquity0.48%
ConstructionEquity0.43%
Metals & MiningEquity0.42%
Capital GoodsEquity0.34%
Capital GoodsEquity0.31%
See All

Expense ratio, exit load and tax

Expense ratio: 1.14%

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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