HSBC Business Cycles Fund Direct IDCW

Equity
Sectoral / Thematic
Very High Risk
30.49%
3Y annualised
+0.44% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 02 Jun 2023₹20.31
Min. SIP amount₹1,000
RatingNA
Fund size₹566.37Cr

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 Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns20.8%30.5%11.1%12.5%
Category average15.4%26.2%10.8%NA
Rank with in category978NA
Understand terms

Holdings (46)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity6.9%
ICICI Bank Ltd.FinancialEquity6.9%
Reliance Industries Ltd.EnergyEquity4.7%
State Bank of IndiaFinancialEquity4.6%
Larsen & Toubro Ltd.ConstructionEquity4.6%
ABB India Ltd.Capital GoodsEquity3.5%
Aegis Logistics Ltd.ServicesEquity3.2%
Housing Development Finance Corporation Ltd.FinancialEquity3.2%
Ratnamani Metals & Tubes Ltd.Metals & MiningEquity2.9%
Carborundum Universal Ltd.Metals & MiningEquity2.8%
See All

Expense ratio, exit load and tax

Expense ratio: 1.39%

Inclusive of GST

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 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 amounts

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

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
E-mail
NA
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,

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