HSBC Business Cycles Fund Direct IDCW

HSBC Business Cycles Fund Direct IDCW 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 IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹13,221 Cr and the Latest NAV as of 27 Mar 2023 is ₹18.01. The HSBC Business Cycles Fund Direct IDCW 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 Objective

The 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. ;