
HSBC Business Cycles Direct Growth
Very High Risk
Equity
2 Star
NAV as of Dec 12, 2025
₹46.08
0.91%1D Change
Returns since inception
14.46%p.a.
Very High Risk
Equity
2 Star
NAV as of Dec 12, 2025
₹46.08
0.91%1D Change
Returns since inception
14.46%p.a.

HSBC Business Cycles Direct Growth
Very High Risk|Equity|2 Star
NAV as of Dec 12, 2025
₹46.08
0.91%1D
Returns since inception
14.46%p.a.
Returns calculator
Investment Type
Monthly SIP
One-Time
₹
yrs
Total investment₹9.6 Lakhs
Returns₹0
Final Value₹0
Absolute ReturnNaN%
Fund overview
- Rating2 Star
- Expense ratio1.05%
- Exit Load1% within 365 days
- AUM (Fund size)₹1,152.07 Crore
- Lock-in periodNo Lock-in
- Age11 yrs since Aug 20, 2014
- Min. investmentSIP ₹1000 & Lump. ₹5000
- RiskVery High
- Short-term capital gains (STCG)Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains (LTCG)After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year
Fund Distribution
Equity
97.25%
Debt
0%
Others
2.75%
Top Holdings
Top Sectors
| Holding Name | Assets (%) |
|---|---|
| Multi Commodity Exchange of India Ltd | 6.22% |
| Treps | 5.9% |
| Reliance Industries Ltd | 5.47% |
| ICICI Bank Ltd | 5.12% |
| HDFC Bank Ltd | 4.32% |
Peer Comparison
Overview
Returns
Risk Ratios
| Fund Name | AUM (In Crs.) | NAV | Risk |
|---|---|---|---|
| UTI Transportation & Logi... | ₹ 4,067 Cr | ₹338.63 | 0.52% | Very High |
| ICICI Prudential India Op... | ₹ 33,946 Cr | ₹40.99 | 0.51% | Very High |
| Aditya Birla Sun Life Spe... | ₹ 896 Cr | ₹28.44 | 0.82% | Very High |
| DSP Natural Resources & N... | ₹ 1,467 Cr | ₹108.26 | 1.90% | Very High |
NAV History - HSBC Business Cycles Fund - Direct Growth
FUND | HSBC Business Cycles Fund - Direct Growth |
|---|---|
| NAV (Dec 12, 2025) | ₹46.08 |
| Class | Equity | Multi-Cap |
| Inception Date | Aug 20, 2014 |
| Fund Manager | Gautam Bhupal, Sonal Gupta |
FUND | HSBC Business Cycles Fund - Direct Growth |
|---|---|
| Initial Price | ₹10 |
| Min. Investment Amount | SIP ₹1000 and Lump. ₹5000 |
| Exit Load | 1% within 365 days |
Returns | 1W | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|
| HSBC Business Cycles | -0.19% | -1.76% | -2.12% | -2.84% | -6.51% | 20.09% |
About HSBC Asset Management (India) Private Ltd
HSBC is among the largest banking and financial services companies in the world. The company serves over 40 million customers worldwide through its global business. The company says they exist to utilise their unique expertise and capabilities to bring new opportunities to their customers.
HSBC Asset Management (India) Private Ltd Details
- No. of schemes81
- Total AUM₹10,373.72 Crore
- AddressHSBC Asset Management (India) Private Ltd., 16, V N Road, Mumbai, Maharashtra, 400 001
- Phone+91 22 66145000
Start your investment
Lumpsum
SIP
Amount
₹
Estimated value after 3 years
(as per historical returns)
2.48 Lakhs ₹
Min investment of ₹1,000 required