HSBC Business Cycles Fund - Direct (G)
Thematic FundNAV
49.62(0.47%)Fund Size (CR)
₹1,182.34Expense Ratio
1.12Scheme Type
Active FundValue Research
-
Min. investment
₹5,000Minimum Additional Investment
₹0Minimum SIP Investment
₹500Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
14.16%
Basic Details
Scheme Manager
Gautam Bhupal
Bench Mark
Nifty 500 TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | August 31, 2026 | 9917.11 | -0.83% | - | -1.17% | 263/764 |
| 1 Month | August 7, 2026 | 10103.31 | 1.03% | - | -1.30% | 86/763 |
| 3 Month | June 5, 2026 | 10855.22 | 8.55% | - | 5.23% | 164/755 |
| 6 Month | March 6, 2026 | 11322.93 | 13.23% | - | 9.55% | 219/751 |
| 1 Year | September 5, 2025 | 10549.54 | 5.50% | 5.50% | 7.76% | 358/692 |
| 3 Year | September 7, 2023 | 15786.03 | 57.86% | 16.42% | 14.56% | 148/422 |
| 5 Year | September 7, 2021 | 20999.19 | 109.99% | 15.99% | 13.63% | 107/326 |
| Since Inception | August 20, 2014 | 49388.00 | 393.88% | 14.16% | 11.59% | 308/764 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | October 1, 2025 | 1,20,000 | 129349.90 | 7.79% | 7.79% |
| 3 Year | October 3, 2023 | 3,60,000 | 418785.41 | 16.33% | 5.17% |
| 5 Year | October 1, 2021 | 6,00,000 | 886473.45 | 47.75% | 8.12% |
| 10 Year | October 3, 2016 | 12,00,000 | 2776421.82 | 131.37% | 8.75% |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Risk Ratios
5.87%
Standard Deviation
1.21%
Beta
0.64%
Sharpe Ratio
0.02%
Treynor's Ratio
3.69%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| ICICI Bank | 5.77% | 475000 | 68.18 | Equity | Banks |
| HDFC Bank | 3.12% | 493600 | 36.93 | Equity | Banks |
| MTAR Technologie | 2.85% | 58900 | 33.73 | Equity | Aerospace & Defence |
| Interglobe Aviat | 2.84% | 65000 | 33.61 | Equity | Air Transport Service |
| Reliance Industr | 2.84% | 256700 | 33.57 | Equity | Refineries |
| Hind.Aeronautics | 2.51% | 63800 | 29.64 | Equity | Aerospace & Defence |
| RBL Bank | 2.26% | 710100 | 26.66 | Equity | Banks |
| ICICI AMC | 2.24% | 85100 | 26.52 | Equity | Finance |
| Larsen & Toubro | 2.22% | 66500 | 26.19 | Equity | Infrastructure Developers & Operators |
| Bharat Electron | 2.21% | 674300 | 26.15 | Equity | Aerospace & Defence |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| HSBC Business Cycles Fund - Direct (G) | 1182.34 | 1.03% | 8.55% | 13.23% | 5.50% | 16.42% | |
| Nippon India Taiwan Equity Fund - Direct (G) | 947.04 | 9.85% | -1.44% | 58.98% | 127.81% | 59.96% | |
| Nippon India Taiwan Equity Fund - Direct (IDCW) | 947.04 | 9.85% | -1.44% | 58.98% | 127.81% | 59.96% | |
| Franklin Asian Equity Fund - Direct (G) | 953.71 | 3.80% | 3.64% | 21.38% | 43.95% | 23.71% | |
| Franklin Asian Equity Fund - Direct (IDCW) | 953.71 | 3.80% | 3.64% | 21.37% | 43.94% | 23.70% | |
| Nippon India Japan Equity Fund - Direct (G) | 340.54 | 0.30% | 3.63% | 14.95% | 30.93% | 21.22% |
List of Schemes under HSBC Mutual Fund
News
There are no new Updates!
Fund House Details & Investment Objective
Date of Incorporation
July 30, 2014
Total AUM (Cr)
₹1182.34
HSBC Business Cycles Fund - Direct (G) is an Thematic Fund-oriented fund from the renowned AMC, HSBC Mutual Fund. Launched in July 30, 2014, this fund is managed by Gautam Bhupal. With assets under management (AUM) worth ₹1,182.34 (Cr), as of September 8, 2026, HSBC Business Cycles Fund - Direct (G) is categorized as a Thematic Fund within its segment. The fund has generated a return of 14.16% since its launch.
The current NAV of HSBC Business Cycles Fund - Direct (G) is ₹49.62, as on September 8, 2026. The fund's benchmark index is Nifty 500 TRI. You can invest in HSBC Business Cycles Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 16.42% and 15.99% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 97.77% in Equity, 2.32% in Debt and -0.09% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 14.89% in Banks, 10.04% in Capital Markets, 8.04% in Electrical Equipments, 7.57% in Construction, 6.76% in Finance
Mutual Fund Categories
Types of Mutual Funds
Debt Funds
Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors
Hybrid Funds
Enjoy best of both the worlds - equity and debt. Ideal for beginners with medium-term investment horizon
Equity Funds
Invest in large, mid, and small cap sector stocks to enjoy capital appreciation. Ideal for aggressive, long-term investors