HSBC Business Cycles Fund - Direct (IDCW)
Thematic FundNAV
25.55(0.71%)Fund Size (CR)
₹1,229.28Expense Ratio
1.12Scheme Type
Active FundValue Research
-
Min. investment
₹5,000Minimum Additional Investment
₹0Minimum SIP Investment
₹500Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
13.68%
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 | September 9, 2026 | 9715.74 | -2.84% | - | -2.38% | 526/764 |
| 1 Month | August 14, 2026 | 9747.72 | -2.52% | - | -3.93% | 120/763 |
| 3 Month | June 16, 2026 | 10245.05 | 2.45% | - | 0.80% | 230/755 |
| 6 Month | March 16, 2026 | 11513.04 | 15.13% | - | 11.57% | 216/755 |
| 1 Year | September 16, 2025 | 10049.08 | 0.49% | 0.49% | 2.69% | 349/692 |
| 3 Year | September 15, 2023 | 15200.50 | 52.00% | 14.95% | 13.25% | 153/426 |
| 5 Year | September 16, 2021 | 20040.73 | 100.41% | 14.91% | 12.52% | 103/330 |
| Since Inception | August 20, 2014 | 47088.10 | 370.88% | 13.68% | 10.54% | 300/764 |
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 | 215923.44 | 79.94% | 79.94% |
| 3 Year | October 3, 2023 | 3,60,000 | 641579.86 | 78.22% | 21.24% |
| 5 Year | October 1, 2021 | 6,00,000 | 1245389.22 | 107.56% | 15.73% |
| 10 Year | October 3, 2016 | 12,00,000 | 3288955.80 | 174.08% | 10.61% |
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 | 5.62% | 475000 | 69.06 | Equity | Banks |
| MTAR Technologie | 3.37% | 58900 | 41.49 | Equity | Aerospace & Defence |
| HDFC Bank | 2.85% | 493600 | 35.00 | Equity | Banks |
| Interglobe Aviat | 2.77% | 65000 | 34.02 | Equity | Air Transport Service |
| Reliance Industr | 2.67% | 256700 | 32.78 | Equity | Refineries |
| Hind.Aeronautics | 2.49% | 63800 | 30.63 | Equity | Aerospace & Defence |
| Bharat Electron | 2.27% | 674300 | 27.95 | Equity | Aerospace & Defence |
| RBL Bank | 2.20% | 710100 | 27.01 | Equity | Banks |
| Larsen & Toubro | 2.19% | 66500 | 26.90 | Equity | Infrastructure Developers & Operators |
| GE Vernova T&D | 2.13% | 59000 | 26.23 | Equity | Capital Goods - Electrical Equipment |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| HSBC Business Cycles Fund - Direct (IDCW) | 1229.28 | -2.52% | 2.45% | 15.13% | 0.49% | 14.95% | |
| Nippon India Taiwan Equity Fund - Direct (G) | 1128.29 | -3.54% | -7.92% | 46.36% | 113.71% | 58.04% | |
| Nippon India Taiwan Equity Fund - Direct (IDCW) | 1128.29 | -3.54% | -7.92% | 46.36% | 113.71% | 58.04% | |
| Franklin Asian Equity Fund - Direct (G) | 995.97 | -2.76% | -2.59% | 19.29% | 33.02% | 21.85% | |
| Franklin Asian Equity Fund - Direct (IDCW) | 995.97 | -2.76% | -2.59% | 19.29% | 33.01% | 21.84% | |
| Nippon India Japan Equity Fund - Direct (G) | 352.54 | -1.71% | 4.37% | 18.45% | 28.43% | 20.75% |
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)
₹1229.28
HSBC Business Cycles Fund - Direct (IDCW) 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 ₹1,229.28 (Cr), as of September 17, 2026, HSBC Business Cycles Fund - Direct (IDCW) is categorized as a Thematic Fund within its segment. The fund has generated a return of 13.68% since its launch.
The current NAV of HSBC Business Cycles Fund - Direct (IDCW) is ₹25.55, as on September 17, 2026. The fund's benchmark index is Nifty 500 TRI. You can invest in HSBC Business Cycles Fund - Direct (IDCW) 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 14.95% and 14.91% 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 96.28% in Equity, 3.94% in Debt and -0.22% 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
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Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors
Hybrid Funds
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Equity Funds
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