Equity
Direct
Equity - Other
NAV as on 06-09-2024
₹ 46.92
1D
Inception Returns
16.6%
/yr
HSBC Business Cycles Fund Direct Growth is an equity fund. This fund was started on 20 August, 2014. The fund is managed by Sonal Gupta, Venugopal Manghat. The fund could potentially beat inflation in the long-run.
HSBC Business Cycles Fund Direct Growth has given a CAGR return of 16.63% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 51.17%, 25.91% and 26.33% respectively.
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, ICICI Bank Ltd, Reliance Industries Ltd, Multi Commodity Exchange of India Ltd, Ahluwalia Contracts (India) Ltd
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.
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 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.
Expense ratio | 1.23% |
Benchmark | IISL Nifty 500 TR INR |
AUM | ₹953 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 |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Industrial, Financial Services & Consumer Cyclical
HSBC Business Cycles Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.86% | 7.86% |
6 Month Returns | 25.1% | 25.1% |
1 Year Returns | 51.17% | 51.17% |
3 Years Returns | 99.6% | 25.91% |
5 Years Returns | 221.77% | 26.33% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC Business Cycles Fund Direct Growth | 11.58 | 6.64 | 2.4 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Business Cycles Fund Direct Growth | 0.92 | 1 | 1.07 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Business Cycles Fund Direct Growth | 2.94 | 1.36 | 0.98 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Business Cycles Fund Direct Growth | 13.03 | 14.22 | 21.36 |