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HSBC Business Cycles Fund Growth
Equity
Thematic
Very High Risk
+20.32%
3Y annualised
+1.92% 1D
NAV: 09 Feb '26
₹41.76
Min. SIP amount
Not Supported
Fund size
₹1,089.59 Cr
Expense ratio
2.20%
Holdings (73)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 5.29% |
| Reliance Industries Ltd. | Energy | Equity | 5.14% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 4.48% |
| HDFC Bank Ltd. | Financial | Equity | 4.21% |
| Bharat Electronics Ltd. | Capital Goods | Equity | 2.78% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 2.70% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.40% |
| ICICI Prudential Asset Management Company Ltd. | Financial | Equity | 2.32% |
| Ultratech Cement Ltd. | Construction | Equity | 2.28% |
| State Bank of India | Financial | Equity | 2.26% |
| Ahluwalia Contracts (India) Ltd. | Construction | Equity | 2.18% |
| Power Finance Corporation Ltd. | Financial | Equity | 2.10% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.07% |
| Hindalco Industries Ltd. | Metals & Mining | Equity | 1.85% |
| PB Fintech Ltd. | Services | Equity | 1.81% |
| Swiggy Ltd. | Services | Equity | 1.81% |
| GE Vernova T&D India Ltd | Capital Goods | Equity | 1.75% |
| TVS Motor Company Ltd. | Automobile | Equity | 1.69% |
| Paradeep Phosphates Ltd. | Chemicals | Equity | 1.66% |
| Eternal Ltd. | Services | Equity | 1.61% |
| MTAR Technologies Ltd. | Capital Goods | Equity | 1.58% |
| PNB Housing Finance Ltd. | Financial | Equity | 1.47% |
| Blue Star Ltd. | Consumer Discretionary | Equity | 1.46% |
| Canara Robeco Asset Management Company Ltd. | Financial | Equity | 1.46% |
| Motilal Oswal Financial Services Ltd. | Financial | Equity | 1.38% |
| Time Technoplast Ltd. | Chemicals | Equity | 1.36% |
| Interglobe Aviation Ltd. | Services | Equity | 1.27% |
| Wakefit Innovations Ltd. | Consumer Discretionary | Equity | 1.23% |
| Titagarh Rail Systems Ltd. | Automobile | Equity | 1.21% |
| Piramal Finance Ltd. | Financial | Equity | 1.20% |
| Indian Hume Pipe Company Ltd. | Construction | Equity | 1.17% |
| Kirloskar Pneumatic Company Ltd. | Capital Goods | Equity | 1.16% |
| Power Mech Projects Ltd. | Construction | Equity | 1.16% |
| ABB India Ltd. | Capital Goods | Equity | 1.16% |
| Jyoti CNC Automation Ltd. | Capital Goods | Equity | 1.15% |
| Sobha Ltd. | Construction | Equity | 1.09% |
| Titan Company Ltd. | Consumer Discretionary | Equity | 1.06% |
| Tata Motors Ltd. | Automobile | Equity | 1.05% |
| Amber Enterprises India Ltd. | Consumer Discretionary | Equity | 1.05% |
| Aditya Birla Real Estate Ltd. | Consumer Staples | Equity | 1.01% |
| RBL Bank Ltd. | Financial | Equity | 0.99% |
| KEC International Ltd. | Capital Goods | Equity | 0.98% |
| Pine Labs Ltd. | Financial | Equity | 0.98% |
| TBO Tek Ltd. | Services | Equity | 0.96% |
| Mold-Tek Packaging Ltd. | Chemicals | Equity | 0.92% |
| Gokaldas Exports Ltd. | Textiles | Equity | 0.89% |
| Gujarat Fluorochemicals Ltd. | Chemicals | Equity | 0.89% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 0.79% |
| EIH Ltd. | Services | Equity | 0.76% |
| Epigral Ltd. | Chemicals | Equity | 0.73% |
| Electronics Mart India Ltd. | Services | Equity | 0.71% |
| Devyani International Ltd. | Services | Equity | 0.69% |
| Indo Count Industries Ltd. | Textiles | Equity | 0.68% |
| Prudent Corporate Advisory Services Ltd. | Financial | Equity | 0.66% |
| Bansal Wire Industries Ltd. | Metals & Mining | Equity | 0.63% |
| Bank Of Baroda | Financial | Equity | 0.60% |
| Kajaria Ceramics Ltd. | Construction | Equity | 0.59% |
| Motherson Sumi Wiring India Ltd. | Automobile | Equity | 0.59% |
| Lenskart Solutions Ltd. | Consumer Discretionary | Equity | 0.58% |
| Birla Corporation Ltd. | Construction | Equity | 0.55% |
| Tata Steel Ltd. | Metals & Mining | Equity | 0.53% |
| Home First Finance Company India Ltd. | Financial | Equity | 0.53% |
| Shadowfax Technologies Ltd. | Services | Equity | 0.47% |
| Bharat Bijlee Ltd. | Capital Goods | Equity | 0.46% |
| Amara Raja Energy & Mobility Ltd | Capital Goods | Equity | 0.46% |
| Pitti Engineering Ltd. | Capital Goods | Equity | 0.43% |
| PNC Infratech Ltd. | Construction | Equity | 0.39% |
| PG Electroplast Ltd. | Capital Goods | Equity | 0.34% |
| Vikram Solar Ltd. | Energy | Equity | 0.32% |
| Ganesha Ecosphere Ltd. | Textiles | Equity | 0.28% |
| Meesho Ltd. | Services | Equity | 0.21% |
| Hi-Tech Pipes Ltd. | Metals & Mining | Equity | 0.18% |
| TVS Motor Company Ltd - Pref. Shares | Automobile | Pref. Shares | 0.02% |
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
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +20.3% | +17.3% | +14.8% | +13.3% |
| Category average (Equity Thematic) | +16.8% | +19.9% | +13.4% | -- |
| Rank (Equity Thematic) | 2 | 2 | -- | -- |
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%.
Check past data
Fund management
GBGautam BhupalJun 2023 - PresentView details
GB
Gautam Bhupal
Jun 2023 - Present
View details
MCMayank ChaturvediOct 2025 - PresentView details
MC
Mayank Chaturvedi
Oct 2025 - Present
View details
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 ₹1,36,937 Cr and the Latest NAV as of 09 Feb 2026 is ₹41.76.
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₹1,36,936.80 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
Websitewww.camsonline.com
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,