HSBC Business Cycles Fund Growth

HSBC Business Cycles Fund Growth

+17.11%
3Y annualised
-0.10% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Mar '26
₹37.36
Min. for SIP
Not Supported
Fund size
₹1,101.49 Cr
Expense ratio
2.23%

Holdings (74)

NameSectorInstrumentsAssets
ICICI Bank Ltd.FinancialEquity5.32%
Reliance Industries Ltd.EnergyEquity5.08%
HDFC Bank Ltd.FinancialEquity3.98%
Multi Commodity Exchange Of India Ltd.ServicesEquity3.13%
Bharat Electronics Ltd.Capital GoodsEquity2.72%
Larsen & Toubro Ltd.ConstructionEquity2.58%
State Bank of IndiaFinancialEquity2.50%
ICICI Prudential Asset Management Company Ltd.FinancialEquity2.40%
Hindustan Aeronautics Ltd.Capital GoodsEquity2.27%
Power Finance Corporation Ltd.FinancialEquity2.27%
Ultratech Cement Ltd.ConstructionEquity2.26%
Kotak Mahindra Bank Ltd.FinancialEquity2.08%
RBL Bank Ltd.FinancialEquity2.06%
GE Vernova T&D India LtdCapital GoodsEquity2.06%
MTAR Technologies Ltd.Capital GoodsEquity2.04%
Interglobe Aviation Ltd.ServicesEquity1.97%
Ahluwalia Contracts (India) Ltd.ConstructionEquity1.93%
Hindalco Industries Ltd.Metals & MiningEquity1.76%
TVS Motor Company Ltd.AutomobileEquity1.76%
Swiggy Ltd.ServicesEquity1.75%
PB Fintech Ltd.ServicesEquity1.60%
Blue Star Ltd.Consumer DiscretionaryEquity1.54%
PNB Housing Finance Ltd.FinancialEquity1.46%
Amber Enterprises India Ltd.Consumer DiscretionaryEquity1.45%
Canara Robeco Asset Management Company Ltd.FinancialEquity1.45%
Paradeep Phosphates Ltd.ChemicalsEquity1.44%
Eternal Ltd.ServicesEquity1.44%
Tata Motors Ltd.AutomobileEquity1.38%
Time Technoplast Ltd.ChemicalsEquity1.37%
Tata Steel Ltd.Metals & MiningEquity1.35%
Motilal Oswal Financial Services Ltd.FinancialEquity1.32%
ABB India Ltd.Capital GoodsEquity1.25%
Wakefit Innovations Ltd.Consumer DiscretionaryEquity1.25%
Piramal Finance Ltd.FinancialEquity1.18%
Jyoti CNC Automation Ltd.Capital GoodsEquity1.16%
Titan Company Ltd.Consumer DiscretionaryEquity1.14%
Sobha Ltd.ConstructionEquity1.04%
Gokaldas Exports Ltd.TextilesEquity1.02%
Titagarh Rail Systems Ltd.AutomobileEquity1.02%
Aditya Birla Real Estate Ltd.Consumer StaplesEquity1.02%
Indian Hume Pipe Company Ltd.ConstructionEquity1.01%
Power Mech Projects Ltd.ConstructionEquity1.00%
Gujarat Fluorochemicals Ltd.ChemicalsEquity1.00%
Mold-Tek Packaging Ltd.ChemicalsEquity0.96%
KEC International Ltd.Capital GoodsEquity0.85%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity0.83%
TBO Tek Ltd.ServicesEquity0.83%
Pine Labs Ltd.FinancialEquity0.81%
Electronics Mart India Ltd.ServicesEquity0.78%
Indo Count Industries Ltd.TextilesEquity0.76%
EIH Ltd.ServicesEquity0.75%
Devyani International Ltd.ServicesEquity0.75%
Lenskart Solutions Ltd.Consumer DiscretionaryEquity0.67%
Prudent Corporate Advisory Services Ltd.FinancialEquity0.64%
Bank Of BarodaFinancialEquity0.63%
Epigral Ltd.ChemicalsEquity0.62%
Kajaria Ceramics Ltd.ConstructionEquity0.61%
Bansal Wire Industries Ltd.Metals & MiningEquity0.60%
Motherson Sumi Wiring India Ltd.AutomobileEquity0.59%
Kirloskar Pneumatic Company Ltd.Capital GoodsEquity0.54%
Shadowfax Technologies Ltd.ServicesEquity0.53%
Birla Corporation Ltd.ConstructionEquity0.52%
APL Apollo Tubes Ltd.Metals & MiningEquity0.51%
Pitti Engineering Ltd.Capital GoodsEquity0.49%
Home First Finance Company India Ltd.FinancialEquity0.48%
Amara Raja Energy & Mobility LtdCapital GoodsEquity0.46%
Bharat Bijlee Ltd.Capital GoodsEquity0.40%
PG Electroplast Ltd.Capital GoodsEquity0.38%
PNC Infratech Ltd.ConstructionEquity0.37%
Ganesha Ecosphere Ltd.TextilesEquity0.32%
Hi-Tech Pipes Ltd.Metals & MiningEquity0.21%
Meesho Ltd.ServicesEquity0.19%
Awfis Space Solutions Ltd.ServicesEquity0.13%
TVS Motor Company Ltd - Pref. SharesAutomobilePref. Shares0.02%
See All

Minimum investments

Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported

Returns and rankings

Annualised returns
Absolute returns
Name3Y5Y10YAll
Fund returns+17.1%+14.8%+13.3%+12.0%
Category average (Equity Thematic)+16.8%+19.9%+13.4%--
Rank (Equity Thematic)11----

Exit load, stamp duty and tax

Exit load

Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

Stamp duty on investment: 0.005% (from July 1st, 2020)

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%.

Fund management

GB
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.

About HSBC Business Cycles Fund Growth

HSBC Business Cycles Fund Growth is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Gautam Bhupal is the Current Fund Manager of HSBC Business Cycles Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,37,332 Cr and the Latest NAV as of 20 Mar 2026 is ₹37.36. The HSBC Business Cycles Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Exit load 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.;
Fund benchmarkNIFTY 500 Total Return Index

Fund house

Rank (total assets)#21 in India
Total AUM₹1,37,331.96 Cr
Date of Incorporation27 May 2002
Launch Date27 May 2002
Address9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
CustodianHDFC Bank
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,