HSBC Business Cycles Fund - IDCW - Direct Plan

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  • (-0.21%)Nav, as on 11-09-2025

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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 1.57 -2.68 -0.70 20.67 26.20 14.86
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 -0.70 20.67 26.20 1.07 1,091.90
ICICI Prudential India Opportunities Fund - Direct Plan - IDCW Option Jan 15, 2019 1.59 23.48 30.78 0.63 29,871.10
ICICI Prudential Manufacturing Fund - Direct Plan - IDCW Option Oct 11, 2018 1.01 26.00 29.35 0.73 6,490.27
UTI Transportation and Logistics Fund - Direct Plan - IDCW Jan 01, 2013 6.72 24.13 28.35 0.84 3,740.78
TATA Ethical Fund Direct Plan - Payout of Income Distribution cum capital withdrawal option Jan 01, 2013 -9.63 12.26 19.22 0.65 3,601.33
Kotak Pioneer Fund-Direct Plan-Reinvestment of Income Distribution cum capital withdrawal option Oct 31, 2019 8.47 23.34 25.51 0.49 3,052.61

Fund Holdings as on 31-August-2025

  • ICICI Bank Limited

  • Treps

  • Reliance Industries Limited

  • Multi Commodity Exchange of India Limited

  • Trent Limited

  • HDFC Bank Limited

  • Hindustan Aeronautics Limited

  • Power Mech Projects Limited

  • Swiggy Limited

  • Ahluwalia Contracts (India) Limited

  • Bharat Electronics Limited

  • UltraTech Cement Limited

  • Mangalore Chemicals & Fertilizers Limited

  • Larsen & Toubro Limited

  • Power Finance Corporation Limited

  • Kotak Mahindra Bank Limited

  • PB Fintech Limited

  • ETERNAL Limited

  • Kirloskar Pneumatic Co Limited

  • Time Technoplast Limited

  • State Bank of India

  • Blue Star Limited

  • GE Vernova T&D India Limited

  • TVS Motor Company Limited

  • ABB India Limited

  • Aditya Birla Real Estate Limited

  • Amber Enterprises India Limited

  • Mold-Tek Packaging Limited

  • Motilal Oswal Financial Services Limited

  • Jyoti CNC Automation Limited

  • Epigral Limited

  • KEC International Limited

  • TBO Tek Limited

  • Indian Hume Pipe Company Limited

  • Gokaldas Exports Limited

  • PNB Housing Finance Limited

  • Suzlon Energy Limited

  • Devyani International Limited

  • Gujarat Fluorochemicals Limited

  • Titan Company Limited

  • EIH Limited

  • Hindalco Industries Limited

  • Net Current Assets (including cash & bank balances)

  • Bansal Wire Industries Ltd.

  • Kajaria Ceramics Limited

  • Electronics Mart India Limited

  • Brigade Enterprises Limited

  • Cholamandalam Investment & Finance Company Limited

  • Indo Count Industries Limited

  • Birla Corporation Limited

  • NCC Limited

  • Sterling and Wilson Renewable Energy Limited

  • Aegis Logistics Limited

  • Motherson Sumi Wiring India Limited

  • Ganesha Ecosphere Limited

  • PNC Infratech Limited

  • Amara Raja Energy & Mobility Limited

  • Rec Limited

  • Pitti Engineering Ltd.

  • Bharat Bijlee Limited

  • Bank of Baroda

  • IIFL Capital Services Limited

  • PG Electroplast Limited

  • Transformers And Rectifiers (India) Limited

  • Hi-Tech Pipes Limited

  • TVS Motor Company Limited (NCD Redeemable Pref shares)

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  • Bank - Private

  • Engineering - Construction

  • Finance - Stock Broking

  • Miscellaneous

  • Retailing

  • Refineries

  • Electric Equipment

  • Defence

  • Construction - Real Estate

  • e-Commerce

  • Plastic Products

  • Cement & Construction Materials

  • Air Conditioners

  • Finance Term Lending

  • Fertilizers

  • Chemicals

  • Bank - Public

  • Fintech

  • Compressors / Pumps

  • Textile

  • Automobile Two & Three Wheelers

  • Engineering - Industrial Equipments

  • Travel Services

  • Finance - Housing

  • Consumer Food

  • Steel & Iron Products

  • Hotel, Resort & Restaurants

  • Diamond & Jewellery

  • Metal - Non Ferrous

  • Ceramics/Marble/Granite/Sanitaryware

  • Finance - NBFC

  • Trading

  • Auto Ancillary

  • Batteries

  • Textile - Manmade Fibres

  • Engineering

  • 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 ₹1,091.90 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 ₹-0.06(-0.21%)yesterday to ₹27.0699.

Among its top 3 holdings the fund has exposure to ICICI Bank Limited, 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