NAV
₹47.5537
as of 28 Sept 2026
Expense Ratio
1.12%
Lumpsum returns (CAGR)
- 1Y
- +3.00%
- 3Y
- +15.45%
- 5Y
- +14.72%
- Since Inception
- +13.75%
SIP returns (XIRR)
- 1Y
- +5.63%
- 3Y
- +7.70%
- 5Y
- +13.97%
- Since Inception
- +14.43%
Performance Comparison
Sectoral allocation
as of 31 Aug 2026- Banks14.52%
- Capital Markets10.95%
- Electrical Equipment8.02%
- Retailing6.67%
- Construction5.69%
- Industrial Products5.54%
- Consumer Durables5.36%
- Finance4.96%
- Aerospace & Defense4.76%
- Transport Services3.79%
- Industrial Manufacturing3.10%
- Financial Technology (Fintech)2.91%
Each sector links to the mutual funds most exposed to it.
Thinking about HSBC Business Cycles Fund · Direct · Growth?
Talk to our AMFI-registered team — free, no pressure. We'll help you see if this fund fits your goals.
Fund Details
Available transactions
Portfolio holdings
portfolio shared with HSBC Business Cycles Fund - Regular Growth
- 1Icici Bank Limited5.62%
- 2Mtar Technologies Limited3.37%
- 3Hdfc Bank Limited2.85%
- 4Interglobe Aviation Limited2.77%
- 5Reliance Industries Limited2.67%
- 6Hindustan Aeronautics Limited2.49%
- 7Bharat Electronics Limited2.27%
- 8Rbl Bank Limited2.20%
- 9Larsen & Toubro Limited2.19%
- 10Ge Vernova T&D India Limited2.13%
What this fund does
HSBC Business Cycles Fund · Direct · Growth invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.
About This Fund
HSBC Business Cycles Fund · Direct · Growth is a Sectoral / Thematic mutual fund offered by HSBC Mutual Fund. The fund has been operational for over 12 years. The current expense ratio is 1.12%.