HSBC Business Cycles Fund - Direct (G)
Thematic FundNAV
45.40(-0.86%)Fund Size (CR)
₹1,178.73Expense Ratio
1.12Scheme Type
Active FundValue Research
-
Min. investment
₹5,000Minimum Additional Investment
₹0Minimum SIP Investment
₹500Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
13.31%
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 | October 14, 2026 | 9629.72 | -3.70% | - | -2.31% | 646/768 |
| 1 Month | September 21, 2026 | 9372.09 | -6.28% | - | -5.64% | 481/768 |
| 3 Month | July 21, 2026 | 9626.14 | -3.74% | - | -5.50% | 168/755 |
| 6 Month | April 21, 2026 | 9868.86 | -1.31% | - | -1.58% | 317/755 |
| 1 Year | October 20, 2025 | 9618.28 | -3.82% | -3.82% | -2.08% | 344/700 |
| 3 Year | October 20, 2023 | 14921.52 | 49.22% | 14.24% | 12.20% | 145/430 |
| 5 Year | October 21, 2021 | 18605.88 | 86.06% | 13.21% | 11.24% | 112/330 |
| Since Inception | August 20, 2014 | 45792.80 | 357.93% | 13.31% | 8.74% | 266/768 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | November 3, 2025 | 1,20,000 | 118229.32 | -1.48% | -1.48% |
| 3 Year | November 1, 2023 | 3,60,000 | 378097.20 | 5.03% | 1.65% |
| 5 Year | November 1, 2021 | 6,00,000 | 801661.56 | 33.61% | 5.97% |
| 10 Year | November 1, 2016 | 12,00,000 | 2517123.82 | 109.76% | 7.69% |
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
5.94%
Standard Deviation
1.19%
Beta
0.56%
Sharpe Ratio
-0.00%
Treynor's Ratio
5.30%
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 | 5.33% | 475000 | 62.78 | Equity | Banks |
| MTAR Technologie | 3.90% | 58900 | 45.92 | Equity | Aerospace & Defence |
| Interglobe Aviat | 3.38% | 80000 | 39.87 | Equity | Air Transport Service |
| HDFC Bank | 2.97% | 493600 | 34.98 | Equity | Banks |
| Reliance Industr | 2.58% | 256700 | 30.47 | Equity | Refineries |
| Hind.Aeronautics | 2.53% | 63800 | 29.78 | Equity | Aerospace & Defence |
| RBL Bank | 2.43% | 710100 | 28.64 | Equity | Banks |
| ICICI AMC | 2.26% | 85100 | 26.69 | Equity | Finance |
| Bharat Electron | 2.22% | 674300 | 26.18 | Equity | Aerospace & Defence |
| Larsen & Toubro | 2.12% | 66500 | 25.00 | Equity | Infrastructure Developers & Operators |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| HSBC Business Cycles Fund - Direct (G) | 1178.73 | -6.28% | -3.74% | -1.31% | -3.82% | 14.24% | |
| Nippon India Taiwan Equity Fund - Direct (G) | 1147.02 | -9.72% | 2.93% | 1.47% | 97.94% | 58.01% | |
| Nippon India Taiwan Equity Fund - Direct (IDCW) | 1147.02 | -9.72% | 2.93% | 1.47% | 97.94% | 58.01% | |
| Nippon India Japan Equity Fund - Direct (G) | 357.70 | -1.13% | 0.96% | 8.93% | 25.57% | 23.74% | |
| Nippon India Japan Equity Fund - Direct (Bonus) | 357.70 | -1.13% | 0.96% | 8.93% | 25.57% | 23.74% | |
| Nippon India Japan Equity Fund - Direct (IDCW) | 357.70 | -1.13% | 0.96% | 8.93% | 25.57% | 23.74% |
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)
₹1178.73
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 ₹1,178.73 (Cr), as of October 22, 2026, HSBC Business Cycles Fund - Direct (G) is categorized as a Thematic Fund within its segment. The fund has generated a return of 13.31% since its launch.
The current NAV of HSBC Business Cycles Fund - Direct (G) is ₹45.4, as on October 22, 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 14.24% and 13.21% 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 98.12% in Equity, 2.00% in Debt and -0.12% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 14.54% in Banks, 10.87% in Capital Markets, 8.81% in Electrical Equipments, 8.02% in Retailing, 6.37% in Industrial Products
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