
HSBC Business Cycles Fund Direct Growth
HSBC Business Cycles Fund Direct Growth
as on 30 Oct 2026
HSBC Business Cycles Fund Direct Growth is a Equity mutual fund scheme launched on 20 Aug 2014. The current NAV stands at ₹45.3880 as of 30 Oct 2026. From the funds total AUM, its top holdings include ICICI Bank at 5.22%, MTAR Technologies at 4.06%, HDFC Bank at 3.22%, MCX at 3.00%, Reliance Industries at 2.97%
Scheme Overview
- Inception Date : 20 Aug 2014
- AUM : ₹1,178.73 Cr
- 5Y Returns (CAGR) : 13.12%
- Expense Ratio : 1.12%
- Min. SIP : ₹500
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 42.54 L
13.12%
Total Investment
₹ 30,00,000
Returns
₹ 12,54,334 (13.12%)
Maturity Value
₹ 42,54,334
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
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*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 1,178.73 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹1,178.73 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Financial Services | 34.39% | ||
| Industrials | 28.77% | ||
| Consumer Cyclical | 16.84% | ||
| Basic Materials | 11.76% | ||
| Energy | 2.97% | ||
| Other | 2.31% | ||
| Technology | 1.32% | ||
| Real Estate | 1.02% | ||
| Healthcare | 0.63% |
Stock Holdings
as of 31 May 2026
Fund Comparison
Fund Details
52W High NAV
-
Min. SIP Amount
₹ 500.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 1,178.73
Expense Ratio
1.12%
Lock-in Period
No Lock in Period
52W Low NAV
-
Inception Date
20 Aug 2014
Fund Age
12 Yrs
Benchmark
Nifty 500 TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Gautam Bhupal | PGDBN CA, CS, B.COM (Hons) |
| Dipan S. Parikh | Bachelor of Commerce |
| Mayank Chaturvedi | Chartered Accountant (ICAI) CFA Level 2 (Charlottesville, USA) B.Com (Ahmadabad University) |
Fund Objective
The investment objective of the Scheme is to seek to generate long-term capital appreciation from a portfolio of predominantly 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. The Scheme could also additionally invest in Foreign Securities. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
HSBC Mutual Fund
No. of Schemes
40
Total AUM
₹ 1,59,771.07 Cr
Contact Details
9-11 Floors, NESCO IT Park,Building no 3, Western ExpressHighway, Goregaon(East) Mumbai-400063
Contact Details
9-11 Floors, NESCO IT Park,Building no 3, Western ExpressHighway, Goregaon(East) Mumbai-400063
FAQs
When was HSBC Business Cycles Fund launched?
What is the current NAV of HSBC Business Cycles Fund?
What is the AUM of HSBC Business Cycles Fund?
What is the rate of return of HSBC Business Cycles Fund?
- In the past 1Y: -4.83%
- In the past 3Y: 14.78%
- In the past 5Y: 13.12%
What is the expense ratio of HSBC Business Cycles Fund?
What is exit load of HSBC Business Cycles Fund?
What is the portfolio of HSBC Business Cycles Fund?
- ICICI Bank: 5.22%
- MTAR Technologies: 4.06%
- HDFC Bank: 3.22%
- MCX: 3.00%
- Reliance Industries: 2.97%
Top 3 sectoral holdings include:
- Financial Services: 34.40%
- Industrials: 28.77%
- Consumer Cyclical: 16.84%
How risky is investing in HSBC Business Cycles Fund?
Who is the fund manager HSBC Business Cycles Fund?
What is the minimum investment required in HSBC Business Cycles Fund?
How to invest in HSBC Business Cycles Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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