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HSBC Business Cycles Fund - Direct (IDCW)

Sectoral / Thematic • OPEN
NAV as of May 22, 2026
₹45.40
1 day change
Returns since inception
13.73%
CAGR
AUM (Fund size)
₹1,149 Cr
NAV: ₹ 45.40
as on May 22, 2026
HSBC Business Cycles Fund - Direct (IDCW)

HSBC Business Cycles Fund - Direct (IDCW) Overview

AUM (Fund size) ₹ 1,149 Cr
Expense ratio 1.39 %
Exit load If the units redeemed or switched out are upto 10% of the units purchased or switched in (the limit) within 1 year from the date of allotment: Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment: 1% If units are redeemed or switched out on or after 1 year from the date of allotment: Nil.
Plan type Direct Fund
Risk Very High
Lock-in Period Nil
Benchmark Nifty 500 TRI
Min. investment SIP: ₹500    Lumpsum: ₹5,000
Age 11 yrs 9 m since Jul 30, 2014
Tax implication STCG Tax: 15% if redeemed before 1 Year, LTCG Tax: 10% without indexation benefit exceeding Rs. 1 lakh post 1 Year

Holdings Distribution

Banks
15.90%
Capital Markets
8.90%
Finance
6.45%
Construction
6.33%
Consumer Durables
6.09%

Top Holdings

Reliance Industr 5.53%
ICICI Bank 5.25%
HDFC Bank 3.70%
Multi Comm. Exc. 3.08%
TREPS 2.98%
Bharat Electron 2.77%
ICICI AMC 2.44%
Larsen & Toubro 2.39%
Power Fin.Corpn. 2.34%
SBI 2.29%

Peer Comparison

Fund Name 1Y 3Y 5Y
HSBC Business Cycles Fund - Direct (IDCW) 0.84% 18.55% 17.46%
The Wealth Company Small Cap Fund - Direct (IDCW) N/A N/A N/A
JioBlackRock Large Cap Fund - Direct (G) N/A N/A N/A
The Wealth Company Small Cap Fund - Regular (G) N/A N/A N/A
Canara Robeco Banking and Financial Services Fund - Dir (IDCW) N/A N/A N/A
Canara Robeco Banking and Financial Services Fund - Reg (IDCW) N/A N/A N/A

Scheme Information

HSBC Business Cycles Fund - Direct (IDCW) was launched on 30/07/2014. The fund manages ₹1,149 Cr in assets. Its current expense ratio is 1.39%.

Fund Manager: Gautam Bhupal

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FAQs on HSBC Business Cycles Fund - Direct (IDCW)

The current expense ratio of HSBC Business Cycles Fund - Direct (IDCW) is 1.39%.

The AUM of HSBC Business Cycles Fund - Direct (IDCW) is ₹1,149 crore.

Log in to your investment platform, select the fund, enter units or amount, and confirm the redemption request.

Yes, HSBC Business Cycles Fund - Direct (IDCW) allows both SIP and lump sum investments.

The latest NAV is ₹45.40.

Minimum SIP starts from ₹500.

Redemption can be done via AMC website or your investment platform.

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