HSBC Business Cycles Fund - Direct Plan

Regular
Direct

3 Year Absolute Returns

19.02% ↑

NAV (₹) on 15 Sep 2026

25.44

1 Day NAV Change

-2.74%

Risk Level

Very High Risk

Rating

-

HSBC Business Cycles Fund - Direct Plan is a Equity mutual fund categorized under Diversified, offered by HSBC Asset Management (India) Pvt. Ltd.. Launched on 30 Jul 2014, investors can start with a ... Read more

NAV History

Fund Details

Min. SIP Amount
₹500
Inception Date
30 Jul 2014
Min. Lumpsum Amount
₹ 5,000
Fund Age
12 Yrs
AUM
₹ 1,229.28 Cr.
Benchmark
NIfty 500 Total Return
Expense Ratio
1.12%
Scheme Type
Open Ended
Exit Load
1%

Returns Calculator

Investment amount per month
₹1,000
Over the past
Would have become
On total investment of
*Calculation based on past performance of this fund.

Asset Allocation

AUM

₹ 1,229.28 Cr

Equity
96.28%
Money Market & Cash
3.94%

Sector Holdings

Sectors Weightage
Finance - Banks - Private Sector 12.55%
Aerospace & Defense 8.13%
Finance - Mutual Funds 5.12%
E-Commerce/E-Retail 4.37%
Treps/Reverse Repo 3.94%
Construction, Contracting & Engineering 3.57%
Finance & Investments 3.05%
Airlines 2.77%
Finance - Housing 2.76%
Refineries 2.67%
Non-Banking Financial Company (NBFC) 2.20%
Power - Transmission/Equipment 2.13%
Cables - Power/Others 2.07%
IT Consulting & Software 2.04%
Finance - Banks - Public Sector 1.97%
Consumer Electronics 1.87%
Cement 1.83%
Exchange Platform 1.83%
Financial Technologies (Fintech) 1.82%
Steel - Tubes/Pipes 1.81%
Auto - 2 & 3 Wheelers 1.77%
Fertilisers 1.69%
Engineering - Heavy 1.50%
Electric Equipment - General 1.40%
Chemicals - Speciality 1.35%
Packaging & Containers 1.25%
Domestic Appliances 1.24%
Gems, Jewellery & Precious Metals 1.20%
Textiles - Spinning - Cotton Blended 1.20%
Textiles - Readymade Apparels 1.12%
Auto - Cars & Jeeps 1.10%
Project Consultancy/Turnkey 1.09%
Telecom Cables 1.09%
Railway Wagons and Wans 1.07%
Plastics - Plastic & Plastic Products 1.05%
Air Conditioners 1.04%
Cement Products 1.03%
Logistics - Warehousing/Supply Chain/Others 1.02%
Aluminium 0.99%
Auto - LCVs/HCVs 0.96%
Furniture, Furnishing & Flooring 0.88%
Realty 0.84%
Lenses/Optical Care 0.75%
Hotels, Resorts & Restaurants 0.73%
Ceramics/Tiles/Sanitaryware 0.68%
Auto Ancl - Electrical 0.60%
Telecom Equipment 0.55%
Engineering - General 0.53%
Iron & Steel 0.53%
Auto Ancl - Batteries 0.44%
Textiles - Processing/Texturising 0.37%
Electric Equipment - Transformers 0.34%
Infrastructure - General 0.32%

Stock Holdings

Name Weightage Value (in Cr.) Sector
ICICI Bank Limited 5.62% ₹ 69.06 Finance - Banks - Private Sector
Treps 3.94% ₹ 48.46 Others
Mtar Technologies Limited 3.37% ₹ 41.49 Aerospace & Defense
HDFC Bank Limited 2.85% ₹ 35 Finance - Banks - Private Sector
InterGlobe Aviation Limited 2.77% ₹ 34.02 Airlines
Reliance Industries Limited 2.67% ₹ 32.78 Refineries
Hindustan Aeronautics Limited 2.49% ₹ 30.63 Aerospace & Defense
Bharat Electronics Limited 2.27% ₹ 27.95 Aerospace & Defense
RBL Bank Limited 2.20% ₹ 27.01 Finance - Banks - Private Sector
Larsen & Toubro Limited 2.19% ₹ 26.90 Construction, Contracting & Engineering
GE Vernova T&D India Limited 2.13% ₹ 26.23 Power - Transmission/Equipment
ICICI Prudential AMC Ltd 2.12% ₹ 26.08 Finance - Mutual Funds
State Bank of India 1.97% ₹ 24.25 Finance - Banks - Public Sector
Kotak Mahindra Bank Limited 1.88% ₹ 23.13 Finance - Banks - Private Sector
UltraTech Cement Limited 1.83% ₹ 22.44 Cement
Multi Commodity Exchange of India Ltd. 1.83% ₹ 22.44 Exchange Platform
PB Fintech Limited 1.82% ₹ 22.34 Financial Technologies (Fintech)
PNB Housing Finance Limited 1.82% ₹ 22.35 Finance - Housing
APL Apollo Tubes Limited 1.81% ₹ 22.23 Steel - Tubes/Pipes
TVS Motor Company Limited 1.77% ₹ 21.71 Auto - 2 & 3 Wheelers
Eternal Limited 1.72% ₹ 21.08 E-Commerce/E-Retail
Motilal Oswal Financial Services 1.70% ₹ 20.86 Finance & Investments
PARADEEP PHOSPHATES LIMITED 1.69% ₹ 20.82 Fertilisers
ELECTRONICS MART INDIA LIMITED 1.55% ₹ 18.99 Consumer Electronics
Jyoti Cnc Automation Ltd 1.50% ₹ 18.43 Engineering - Heavy
SWIGGY LIMITED 1.46% ₹ 17.97 E-Commerce/E-Retail
R R Kabel Limited 1.43% ₹ 17.57 Cables - Power/Others
ABB India Limited 1.40% ₹ 17.26 Electric Equipment - General
Piramal Finance Ltd 1.40% ₹ 17.25 Non-Banking Financial Company (NBFC)
AHLUWALIA CONTRACTS (INDIA) LTD 1.38% ₹ 17.02 Construction, Contracting & Engineering
Prudent Corporate Advisory Services Ltd 1.35% ₹ 16.53 Finance & Investments
Canara Robeco Mutual Fund 1.33% ₹ 16.41 Finance - Mutual Funds
Time Technoplast Limited 1.25% ₹ 15.42 Packaging & Containers
Amber Enterprises India Limited 1.24% ₹ 15.24 Domestic Appliances
Gujarat Fluorochemicals Limited 1.21% ₹ 14.83 Chemicals - Speciality
Titan Company Limited 1.20% ₹ 14.80 Gems, Jewellery & Precious Metals
INDO COUNT INDUSTRIES LIMITED 1.20% ₹ 14.71 Textiles - Spinning - Cotton Blended
FSN E-Commerce Ventures Limited 1.19% ₹ 14.68 E-Commerce/E-Retail
Nippon Life India Asset Management Ltd 1.14% ₹ 14.07 Finance - Mutual Funds
Gokaldas Exports Limited 1.12% ₹ 13.78 Textiles - Readymade Apparels
Maruti Suzuki India Limited 1.10% ₹ 13.55 Auto - Cars & Jeeps
POWER MECH PROJECTS LIMITED 1.09% ₹ 13.40 Project Consultancy/Turnkey
Sterlite Technologies Limited 1.09% ₹ 13.36 Telecom Cables
Pine Labs Limited 1.09% ₹ 13.36 IT Consulting & Software
TITAGARH RAIL SYSTEMS LIMITED 1.07% ₹ 13.15 Railway Wagons and Wans
MOLD-TEK PAKAGING LIMITED 1.05% ₹ 12.96 Plastics - Plastic & Plastic Products
BLUE STAR LTD 1.04% ₹ 12.82 Air Conditioners
INDIAN HUME PIPE COMPANY LIMITED 1.03% ₹ 12.69 Cement Products
Shadowfax Technologies Limited 1.02% ₹ 12.51 Logistics - Warehousing/Supply Chain/Others
Hindalco Industries Limited 0.99% ₹ 12.14 Aluminium
Tata Motors Limited 0.96% ₹ 11.78 Auto - LCVs/HCVs
Billionbrains Garage Ventures Ltd. 0.95% ₹ 11.68 IT Consulting & Software
Home First Finance Company India Limited 0.94% ₹ 11.57 Finance - Housing
Wakefit Innovations Limited 0.88% ₹ 10.80 Furniture, Furnishing & Flooring
Sobha Limited 0.84% ₹ 10.32 Realty
Cholamandalam Invest & Finance Co Ltd 0.80% ₹ 9.84 Non-Banking Financial Company (NBFC)
Lenskart Solutions Limited 0.75% ₹ 9.16 Lenses/Optical Care
Devyani International Limited 0.73% ₹ 9.01 Hotels, Resorts & Restaurants
Kajaria Ceramics Limited 0.68% ₹ 8.38 Ceramics/Tiles/Sanitaryware
Diamond Power Infrastructure Limited 0.64% ₹ 7.85 Cables - Power/Others
Dhoot Transmission Limited 0.60% ₹ 7.37 Auto Ancl - Electrical
OPTIEMUS INFRACOM LIMITED 0.55% ₹ 6.70 Telecom Equipment
Pitti Engineering Limited 0.53% ₹ 6.56 Engineering - General
JSW Steel Limited 0.53% ₹ 6.54 Iron & Steel
HDFC Asset Management Company Limited 0.53% ₹ 6.56 Finance - Mutual Funds
Amara Raja Batteries Ltd 0.44% ₹ 5.36 Auto Ancl - Batteries
Ganesha Ecosphere Ltd. 0.37% ₹ 4.59 Textiles - Processing/Texturising
Bharat Bijlee Ltd. 0.34% ₹ 4.21 Electric Equipment - Transformers
PG Electroplast Limited 0.32% ₹ 3.92 Consumer Electronics
Awfis Space Solutions Limited 0.32% ₹ 3.88 Infrastructure - General
APAR INDUSTRIES LTD 0.14% ₹ 1.67 Chemicals - Speciality

Returns

Annualised returns
9M 1Y 2Y 3Y
Fund returns -4.31% -6.69% -7.94% 5.98%
Category returns 1.08% 1.78% -0.59% 33.30%

Fund Objective

To seek to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian market with focus on ... Read more

AMC Details

Name
HSBC Asset Management (India) Pvt. Ltd.
Date of Incorporation
27 May 2002
CEO
Mr. Kailash Kulkarni
CIO
Mr. Shriram Ramanathan, Mr. Venugopal Manghat
Type
Foreign
Address
16, V N Road, Fort, Mumbai, Maharashtra, India - 400001
Website
http://www.assetmanagement.hsbc.com/in

Top Funds from Equity - Sectoral/Thematic

Scheme Name
NAV
Returns
1Y 3Y 5Y
AUM (Cr)
Expense Ratio
Risk Meter
Nippon India Taiwan Equity fund - Direct Plan
Sector Direct
112.59% 288.37% 0.00% ₹1,128 1.12%
Very High
Nippon India Taiwan Equity fund - Direct Plan
Sector Direct
112.59% 288.37% 0.00% ₹1,128 1.12%
Very High
Nippon India Taiwan Equity fund - Direct Plan
Sector Direct
112.59% 288.37% 0.00% ₹1,128 1.12%
Very High
Nippon India Taiwan Equity Fund
Sector Regular
109.75% 272.68% 0.00% ₹1,128 2.40%
Very High
Nippon India Taiwan Equity Fund
Sector Regular
109.75% 272.68% 0.00% ₹1,128 2.40%
Very High
Nippon India Taiwan Equity Fund
Sector Regular
109.75% 272.68% 0.00% ₹1,128 2.40%
Very High
HDFC Defence Fund - Direct Plan
Sector Direct
19.59% 150.97% 0.00% ₹11,478 0.89%
Very High
HDFC Defence Fund - Direct Plan
Sector Direct
19.59% 150.97% 0.00% ₹11,478 0.89%
Very High
HDFC Defence Fund - Direct Plan
Sector Direct
19.59% 150.97% 0.00% ₹11,478 0.89%
Very High
HDFC Defence Fund
Sector Regular
18.43% 142.90% 0.00% ₹11,478 1.78%
Very High

Top Funds from HSBC Asset Management (India) Pvt. Ltd.

Scheme Name
NAV
Returns
1Y 3Y 5Y
AUM (Cr)
Expense Ratio
Risk Meter
HSBC Global Emerging Markets Fund - Direct Plan
International/ Global Direct
48.37% 114.04% 79.20% ₹519 0.74%
Very High
HSBC Global Emerging Markets Fund
International/ Global Regular
47.34% 109.78% 73.17% ₹519 1.22%
Very High
HSBC Asia Pacific Dividend Yield Fund - Direct Plan
International/ Global Direct
36.07% 109.55% 102.87% ₹86 0.82%
Very High
HSBC Asia Pacific Dividend Yield Fund
International/ Global Regular
35.33% 106.89% 97.29% ₹86 1.17%
Very High
HSBC Global Emerging Markets Fund - Direct Plan
International/ Global Direct
38.15% 90.08% 47.67% ₹519 0.74%
Very High
HSBC Global Emerging Markets Fund - Direct Plan
International/ Global Direct
38.15% 90.08% 47.67% ₹519 0.74%
Very High
HSBC Midcap Fund - Direct Plan
MidsmallCap Direct
16.86% 85.83% 129.75% ₹17,188 1.19%
Very High
HSBC Midcap Fund
MidsmallCap Regular
15.62% 80.01% 117.69% ₹17,188 2.25%
Very High
HSBC Global Emerging Markets Fund
International/ Global Regular
36.62% 66.50% 27.69% ₹519 1.22%
Very High
HSBC Global Emerging Markets Fund
International/ Global Regular
36.62% 66.50% 27.69% ₹519 1.22%
Very High

FAQs

What is the current NAV of HSBC Business Cycles Fund - Direct Plan IDCW?

The current Net Asset Value (NAV) of HSBC Business Cycles Fund - Direct Plan IDCW is ₹25.44 as of 15 Sep 2026. NAV represents the per-unit market value of the fund and is updated daily based on the closing prices of the underlying securities.

What is the fund size (AUM) of HSBC Business Cycles Fund - Direct Plan IDCW?

The Assets Under Management (AUM) of HSBC Business Cycles Fund - Direct Plan IDCW is ₹1,229.28 Crores. AUM indicates the total market value of assets managed by the fund and reflects investor confidence and fund popularity.

What are the historical returns of HSBC Business Cycles Fund - Direct Plan IDCW?

HSBC Business Cycles Fund - Direct Plan IDCW has delivered returns of -6.69% (1 Year), 5.98% (3 Year), 6.76% (5 Year). Past performance does not guarantee future results, and investors should consider their risk appetite before investing.

What is the risk level of HSBC Business Cycles Fund - Direct Plan IDCW?

HSBC Business Cycles Fund - Direct Plan IDCW has a risk rating of 'Very High' as per the SEBI Riskometer. This indicates the fund is suitable for very aggressive investors comfortable with significant market volatility. Investors should align their investment choices with their personal risk tolerance and financial goals.

What is the minimum investment amount for HSBC Business Cycles Fund - Direct Plan IDCW?

The minimum lumpsum investment required for HSBC Business Cycles Fund - Direct Plan IDCW is ₹5,000. The fund also offers SIP (Systematic Investment Plan) option starting from as low as ₹500, making it accessible for regular investments. This allows investors to start their mutual fund journey with a manageable amount.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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