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Fund Card

HSBC Business Cycles Fund-Reg(G)

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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.

riskometer

Investors understand that their principal will be at very high risk

5-Years History
financial year2020-20212021-20222022-20232023-20242024-2025
NAV in Rs (as on 31-Mar-2025)19.0222.7023.8734.2938.91
Net Assets(Rs Crores) (as on 31-Mar-2025) 525.48 553.62 542.17 764.45 967.37
Scheme Returns(%)(Absolute)81.9617.774.2643.1811.17
B'mark Returns(%)(Absolute)NANANANANA
Category Rank12/4728/5711/6128/828/119
Quarterly performance - Last 5 years (Absolute Ret. in %)
financial year Q1 Q2 Q3 Q4
2025-202614.82-6.25NANA
2024-202520.657.37-2.85-9.83
2023-202413.335.8410.558.30
2022-2023-9.3415.431.48-0.96
2021-20227.8110.530.96-0.82
Top 10 holdings
company (%)
ICICI Bank Ltd.5.13 
Multi Commodity Exchange Of In...4.96 
Reliance Industries Ltd.4.90 
HDFC Bank Ltd.4.20 
Trent Ltd.2.84 
Hindustan Aeronautics Ltd.2.71 
Ahluwalia Contracts (India) Ltd.2.45 
Bharat Electronics Ltd.2.44 
Swiggy Ltd.2.41 
Power Finance Corporation Ltd.2.21 

Category

Thematic Fund

Launch Date

20-Aug-14

Scheme Benchmark

NA

AUM ( in Cr.)

1,117.47

portfolio price to book value

7.8

investing style?

Large Growth

fund manager?

Gautam Bhupal

inception date (regular plan)

20-Aug-14

expense ratio (regular plan) %

2.22

Top 10 sectors
sectors (%)
Bank - Private11.29
Engineering - Construction8.39
Finance - Stock Broking6.65
Defence5.15
Refineries4.90
Construction - Real Estate4.90
Electric Equipment4.85
e-Commerce4.28
Retailing3.66
Air Conditioners2.92

Growth Chart of the Scheme vis a vis benchmark (SIP value 10,000)

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performance comparison with similar schemes
scheme name investment style inception date AUM in Cr. 1Y(%) 3Y(%) 5Y(%) 10Y(%) since inception
HSBC Business Cycles Fund-Reg(G)Large-Growth 20-Aug-20141,117.472.8321.4724.5013.5913.99
Franklin India Opportunities Fund(G)Large-Growth 21-Feb-20007,766.168.9530.4027.6516.5613.58
Invesco India PSU Equity Fund(G)Large-Growth 18-Nov-20091,417.777.3929.2730.6916.9412.51
Aditya Birla SL PSU Equity Fund-Reg(G)Large-Growth 30-Dec-20195,532.514.6428.2033.33NA23.40
UTI Transportation & Logistics Fund-Reg(G)Large-Growth 16-Apr-20043,967.6715.8424.7327.0112.7317.03
360 ONE Quant Fund-Reg(G)Large-Growth 29-Nov-2021796.295.9423.58NANA18.73
Kotak Pioneer Fund-Reg(G)Large-Growth 31-Oct-20193,148.098.7423.4022.85NA21.74
ICICI Pru India Opp Fund(G)Large-Growth 15-Jan-201930,802.319.5322.9632.66NA21.33
Quant Quantamental Fund-Reg(G)Large-Growth 30-Apr-20211,689.610.1520.51NANA20.44
Taurus Ethical Fund-Reg(G)Large-Growth 20-Mar-2009333.79-1.3114.1716.5012.2516.64
Quantum ESG Best In Class Strategy Fund-Reg(G)Large-Growth 12-Jul-2019105.711.8813.3816.48NA15.21
Tata Ethical Fund-Reg(G)Large-Growth 24-May-19963,615.97-4.2811.5016.6911.2415.33
Motilal Oswal Business Cycle Fund-Reg(G)Small-Growth 27-Aug-20241,984.5218.45NANANA26.84
WOC Special Opp Fund-Reg(G)Large-Growth 04-Jun-20241,186.5512.25NANANA21.95
Bandhan Innovation Fund-Reg(G)Large-Growth 30-Apr-20241,788.0411.83NANANA22.85
Union Innovation & Opp Fund-Reg(G)Large-Growth 06-Sep-20231,068.209.87NANANA20.12
Sundaram Business Cycle Fund-Reg(G)Large-Growth 25-Jun-20241,808.487.23NANANA8.93
HDFC Manufacturing Fund-Reg(G)Large-Growth 16-May-202411,573.717.13NANANA7.10
Nippon India Innovation Fund-Reg(G)Large-Growth 28-Aug-20232,800.816.54NANANA19.25
Canara Rob Manufacturing Fund-Reg(G)Large-Growth 11-Mar-20241,642.375.35NANANA16.35
LIC MF Manufacturing Fund-Reg(G)Small-Growth 11-Oct-2024835.444.97NANANA1.84
Axis India Manufacturing Fund-Reg(G)Large-Growth 21-Dec-20235,301.334.86NANANA21.07
Mahindra Manulife Business Cycle Fund-Reg(G)Large-Growth 11-Sep-20231,227.723.99NANANA21.74
Baroda BNP Paribas Manufacturing Fund-Reg(G)Large-Growth 28-Jun-20241,131.263.93NANANA-0.66
HSBC India Export Opportunities Fund-Reg(G)Large-Growth 25-Sep-20241,615.863.70NANANA-0.13
SBI Innovative Opportunities Fund-Reg(G)Mid-Growth 20-Aug-20246,857.983.66NANANA0.40
Bank of India Business Cycle Fund-Reg(G)Large-Growth 30-Aug-2024551.19-3.97NANANA-4.94
Edelweiss Business Cycle Fund-Reg(G)Large-Growth 29-Jul-20241,749.73-4.12NANANA-8.28
Samco Active Momentum Fund-Reg(G)Small-Growth 05-Jul-2023788.13-4.95NANANA13.66
DSP Business Cycle Fund-Reg(G)Large-Growth 17-Dec-20241,137.71NANANANA3.50
Shriram Multi Sector Rotation Fund-Reg(G)Large-Growth 09-Dec-2024190.48NANANANA-20.30
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DISCLAIMER

Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.

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