HSBC Business Cycles Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 22-11-2024
₹ 45.59
1D
Inception Returns
15.8%
/yr
About HSBC Business Cycles Fund Direct Growth
HSBC Business Cycles Fund Direct Growth is an equity fund. This fund was started on 20 August, 2014. The fund is managed by Venugopal Manghat, Sonal Gupta. The fund could potentially beat inflation in the long-run.
Key Parameters
- HSBC Business Cycles Fund Direct Growth has ₹995 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.2.
Returns
HSBC Business Cycles Fund Direct Growth has given a CAGR return of 15.79% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 41.29%, 22.10% and 23.34% respectively.
Holdings
HSBC Business Cycles Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Basic Materials, Energy, Real Estate, Tech. Its top holdings are Trent Ltd, Multi Commodity Exchange of India Ltd, ICICI Bank Ltd, Reliance Industries Ltd, HDFC Bank Ltd
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of HSBC Business Cycles Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. HSBC Business Cycles Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for HSBC Business Cycles Fund Direct Growth
HSBC Business Cycles Fund Direct Growth Overview
| Expense ratio | 1.21% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹995 Cr |
| Inception Date | 20 August, 2014 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 26.39% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -2.36% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 4.16% in Oct'24
- AUM of the fund stands at 1K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Industrial, Financial Services & Consumer Cyclical
Top Growth Drivers | 1M Return |
|---|---|
 Kirloskar Pneumatic Company Ltd | 10.4% |
Mutual Fund Insights
HSBC Business Cycles Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹995 Cr
Expense Ratio 1.21%
Frequently Asked Questions for HSBC Business Cycles Fund Direct Growth
HSBC Business Cycles Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.13% | -7.13% |
6 Month Returns | 7.2% | 7.2% |
1 Year Returns | 41.29% | 41.29% |
3 Years Returns | 82.01% | 22.1% |
5 Years Returns | 185.45% | 23.34% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC Business Cycles Fund Direct Growth | 21.81 | 7.9 | 3.4 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Business Cycles Fund Direct Growth | 0.73 | 0.96 | 1.05 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Business Cycles Fund Direct Growth | 3.26 | 1.2 | 0.89 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Business Cycles Fund Direct Growth | 12.38 | 14.43 | 21.35 |