HSBC Business Cycles Fund · Regular · Growth
NAV
₹41.9752
as of 16 Jun 2026
Expense Ratio
2.21%
AUM
₹1,084 Cr
Lumpsum returns (CAGR)
- 1Y
- -3.01%
- 3Y
- +15.86%
- 5Y
- +15.66%
- Since Inception
- +12.90%
SIP returns (XIRR)
- 1Y
- +2.16%
- 3Y
- +8.42%
- 5Y
- +13.76%
- Since Inception
- +13.64%
This fund trailed its benchmark
Top performers in Sectoral / Thematic by 5Y CAGR
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SIP since inception — what ₹500/month became
Real NAV backtest from day one
₹71,000
Invested
₹1,57,588
Value today
12.8%
XIRR (p.a.)
₹500/month SIP from fund inception · Current value as of today
Try SIP Calculator with this fund's history₹5,000 lumpsum at launch — value today
Invested on the fund's first NAV date
₹5,000
Invested
₹19,884
Value today
12.4%
CAGR (p.a.)
One-time investment at fund inception · Growth purely from NAV appreciation
Try Lumpsum Calculator₹10L corpus with ₹5,000/month withdrawals since inception
Corpus is still growing despite monthly payouts
₹10,00,000
Initial corpus
₹7,10,000
Withdrawn
₹24,00,894
Corpus left
+₹21,10,894 net gain — withdrew ₹7,10,000 AND corpus grew
Plan your SWP with real NAV₹6L corpus via 12-month STP from a liquid fund at inception
₹50K/month transferred from HDFC Liquid → this fund at launch
₹6,00,000
Invested
₹21,28,358
Value today
-10.8%
vs lumpsum
Direct lumpsum would have beaten STP by 10.8% — but STP reduced timing risk
Model your own STP with real NAV₹1 lakh on the worst crash day — 22 Mar 2020
Worst single-day Nifty drop during this fund's life
₹1,00,000
Invested
₹4,02,792
Value today
4.0×
Multiple
Staying invested through that crash turned ₹1L into ₹4,02,792 — a 4.0× return
Read: Staying invested through crashesRisk Metrics
Trailing 1 year, annualised-0.35
Sharpe Ratio
-0.06
Alpha
0.64
Beta
-0.34
Sortino
19.43%
Std Dev
-21.00%
Max Drawdown
Performance Comparison
Sectoral allocation
as of 30 Apr 2026- Banks15.00%
- Capital Markets11.00%
- Electrical Equipment8.00%
- Finance7.00%
- Construction7.00%
- Consumer Durables6.00%
- Retailing6.00%
- Aerospace & Defense5.00%
- Petroleum Products5.00%
- Industrial Products4.00%
- Industrial Manufacturing4.00%
- Financial Technology (Fintech)3.00%
Each sector links to the mutual funds most exposed to it.
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Fund Details
Available transactions
Portfolio holdings
- 1Icici Bank Limited5.22%
- 2Reliance Industries Limited5.00%
- 3Hdfc Bank Limited3.31%
- 4Mtar Technologies Limited3.31%
- 5Multi Commodity Exchange Of India Ltd.3.26%
- 6Bharat Electronics Limited2.53%
- 7Icici Prudential Amc Ltd2.44%
- 8Hindalco Industries Limited2.44%
- 9Hindustan Aeronautics Limited2.41%
- 10Power Finance Corporation Limited2.35%
Investment Objective
HSBC Business Cycles Fund · Regular · 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 · Regular · Growth is a Sectoral / Thematic mutual fund offered by HSBC Mutual Fund. The fund has been operational for over 11 years. It manages assets worth ₹1,084 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.21%.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •SIP investors who can benefit from rupee cost averaging during market fluctuations