HSBC Business Cycles Fund Direct Growth

Equity
Thematic
Very High Risk
21.30%
3Y annualised
+0.15% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 02 Sep 2025
₹46.61
Rating
NA
Min. SIP amount
₹500
Fund size
₹1,124.01Cr

Return calculator

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

Holdings (63)

NameSectorInstrumentAssets
FinancialEquity5.60%
EnergyEquity4.97%
ServicesEquity4.87%
FinancialEquity4.43%
ServicesEquity4.27%
ConstructionEquity2.52%
ConstructionEquity2.50%
Capital GoodsEquity2.32%
Capital GoodsEquity2.30%
ServicesEquity2.29%
ChemicalsEquity2.24%
FinancialEquity2.20%
ConstructionEquity2.15%
ConstructionEquity2.14%
FinancialEquity1.94%
ServicesEquity1.92%
Capital GoodsEquity1.89%
ServicesEquity1.76%
ChemicalsEquity1.71%
Consumer DiscretionaryEquity1.66%
FinancialEquity1.62%
Capital GoodsEquity1.60%
Consumer StaplesEquity1.46%
Capital GoodsEquity1.43%
ChemicalsEquity1.37%
FinancialEquity1.36%
Consumer DiscretionaryEquity1.35%
FinancialEquity1.34%
TextilesEquity1.33%
AutomobileEquity1.25%
Capital GoodsEquity1.22%
ConstructionEquity1.21%
ServicesEquity1.18%
Capital GoodsEquity1.12%
ServicesEquity1.11%
ChemicalsEquity1.09%
ChemicalsEquity1.01%
ServicesEquity0.94%
ServicesEquity0.88%
Metals & MiningEquity0.88%
Metals & MiningEquity0.88%
Consumer DiscretionaryEquity0.86%
ConstructionEquity0.76%
TextilesEquity0.76%
ConstructionEquity0.74%
ConstructionEquity0.68%
FinancialEquity0.68%
ConstructionEquity0.65%
Capital GoodsEquity0.64%
ServicesEquity0.61%
FinancialEquity0.59%
TextilesEquity0.59%
ConstructionEquity0.55%
Capital GoodsEquity0.52%
Capital GoodsEquity0.50%
AutomobileEquity0.50%
Capital GoodsEquity0.49%
Capital GoodsEquity0.47%
FinancialEquity0.46%
FinancialEquity0.42%
Capital GoodsEquity0.42%
Capital GoodsEquity0.29%
Metals & MiningEquity0.21%
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 returns-1.1%21.3%25.6%15.0%
Category average-4.5%18.0%22.4%NA
Rank with in category2964NA
Understand terms

Expense ratio, exit load and tax

Expense ratio: 1.07%

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 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

Gautam Bhupal
Jun 2023 - Present
View details

Education
Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons)
Experience
Prior to joining HSBC Mutual Fund he was working with IDFC Asset Management Company Ltd., Motilal Oswal Securities Ltd., Infosys Ltd., Vickers Ballas Securities Ltd., SBC Warburg, UTI Securities 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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