HSBC Business Cycles Fund - IDCW - Direct Plan

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  • (-0.08%)Nav, as on 07-11-2025

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Fund Overview IDCW | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

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 ofbusiness cycles in the economy.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
HSBC Business Cycles Fund - Direct IDCW -0.37 -0.16 -2.11 21.41 24.72 14.57
NIFTY 50 - TRI N/A N/A N/A N/A N/A N/A
NIFTY 500 - TRI N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
HSBC Business Cycles Fund - Direct IDCW Aug 20, 2014 -2.11 21.41 24.72 1.07 1,117.47
ICICI Prudential India Opportunities Fund - Direct Plan - IDCW Option Jan 15, 2019 8.12 23.47 32.06 0.64 30,802.31
Franklin INDIA OPPORTUNITIES FUND - Direct - IDCW Jan 01, 2013 Unrated 4.85 30.97 27.94 0.52 7,766.16
ICICI Prudential Manufacturing Fund - Direct Plan - IDCW Option Oct 11, 2018 3.80 26.20 30.01 0.75 6,607.50
SBI ESG Exclusionary Strategy Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW) Jan 01, 2013 Unrated 2.44 13.96 17.35 1.35 5,613.26
Aditya Birla Sun Life PSU Equity Fund-Direct - Payout of IDCW Dec 30, 2019 0.56 29.20 34.46 0.57 5,532.51

Fund Holdings as on 31-October-2025

  • Treps

  • Multi Commodity Exchange of India Limited

  • Reliance Industries Limited

  • ICICI Bank Limited

  • HDFC Bank Limited

  • Hindustan Aeronautics Limited

  • Bharat Electronics Limited

  • Larsen & Toubro Limited

  • Swiggy Limited

  • Ahluwalia Contracts (India) Limited

  • Power Finance Corporation Limited

  • UltraTech Cement Limited

  • Kotak Mahindra Bank Limited

  • Power Mech Projects Limited

  • Paradeep Phosphates Limited

  • State Bank of India

  • PB Fintech Limited

  • ETERNAL Limited

  • Kirloskar Pneumatic Co Limited

  • GE Vernova T&D India Limited

  • Time Technoplast Limited

  • TVS Motor Company Limited

  • Trent Limited

  • ABB India Limited

  • Blue Star Limited

  • Aditya Birla Real Estate Limited

  • Motilal Oswal Financial Services Limited

  • Amber Enterprises India Limited

  • Gokaldas Exports Limited

  • PNB Housing Finance Limited

  • Titagarh Rail Systems Limited

  • TBO Tek Limited

  • Jyoti CNC Automation Limited

  • Sobha Limited

  • KEC International Limited

  • Epigral Limited

  • Electronics Mart India Limited

  • Mold-Tek Packaging Limited

  • Hindalco Industries Limited

  • Suzlon Energy Limited

  • Mtar Technologies Limited

  • Indian Hume Pipe Company Limited

  • Gujarat Fluorochemicals Limited

  • InterGlobe Aviation Limited

  • Titan Company Limited

  • Devyani International Limited

  • EIH Limited

  • Cholamandalam Investment & Finance Company Limited

  • Indo Count Industries Limited

  • RBL Bank Limited

  • Kajaria Ceramics Limited

  • Canara Robeco Asset Management Company Limited

  • Bansal Wire Industries Ltd.

  • Motherson Sumi Wiring India Limited

  • Birla Corporation Limited

  • Rec Limited

  • Amara Raja Energy & Mobility Limited

  • Bank of Baroda

  • Home First Finance Company India Limited

  • Vikram Solar Limited

  • Pitti Engineering Ltd.

  • PNC Infratech Limited

  • Ganesha Ecosphere Limited

  • Bharat Bijlee Limited

  • PG Electroplast Limited

  • Hi-Tech Pipes Limited

  • Transformers And Rectifiers (India) Limited

  • TVS Motor Company Limited

  • Net Current Assets (including cash & bank balances)

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  • Bank - Private

  • Engineering - Construction

  • Miscellaneous

  • Finance - Stock Broking

  • Defence

  • Construction - Real Estate

  • Refineries

  • Electric Equipment

  • e-Commerce

  • Retailing

  • Air Conditioners

  • Finance Term Lending

  • Cement & Construction Materials

  • Plastic Products

  • Bank - Public

  • Chemicals

  • Fertilizers

  • Textile

  • Fintech

  • Compressors / Pumps

  • Automobile Two & Three Wheelers

  • Travel Services

  • Finance - Housing

  • Engineering - Industrial Equipments

  • Steel & Iron Products

  • Airlines

  • Metal - Non Ferrous

  • Consumer Food

  • Diamond & Jewellery

  • Hotel, Resort & Restaurants

  • Finance - NBFC

  • Ceramics/Marble/Granite/Sanitaryware

  • Trading

  • Auto Ancillary

  • Batteries

  • Engineering

  • Textile - Manmade Fibres

  • Consumer Durables - Domestic Appliances

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Most Recent Dividend

  • 26/08/2025

  • 27/08/2024

  • 28/08/2023

  • 25/07/2022

  • 26/07/2021

  • 04/10/2019

  • 23/07/2018

  • 17/07/2017

  • Cash

  • Equity

  • Preference Shares

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About HSBC Business Cycles Fund

Scheme Analysis

HSBC Business Cycles Fund is a Equity - Thematic Fund - Other fund and belongs to HSBC Mutual Fund. It was launched on 20-Aug-2014 and currently has an AUM of ₹1,161 crore. HSBC Business Cycles Fund is benchmarked against NIFTY 50 - TRI as primary index and NIFTY 500 - TRI as secondary index.

The NAV of HSBC Business Cycles Fund ended down ₹-0.02(-0.08%)yesterday to ₹26.9238.

Among its top 3 holdings the fund has exposure to Treps, and

The HSBC Business Cycles Fund is managed by Gautam Bhupal .

Fund House Contact

9-11 Floors, NESCO IT Park, Building No.3, Western Exp Highway, Goregaon (E) Mumbai - 400 063

+91 (22) 66145000
+91 (22) 49146033