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OmniAsset › Mutual funds › HSBC Business Cycles Fund

HSBC Business Cycles Fund

Sectoral / Thematic fund benchmarked to Nifty 500 TRI. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202648.9029
CategorySectoral / Thematic
PlanDirect · Growth
Launched30 Jul 2014
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty 500 TRI
Expense ratiodirect plan, a year1.12%
AUM₹67.2 Cr
Growth of ₹10,000₹18,51428 Nov 2022 to 2 Sep 2026
₹18,854₹16,493₹14,132₹11,771₹9,410Nov 2022Nov 2023Oct 2024Sep 2025Sep 2026
₹18,514 (+17.8% a year) HSBC Business Cycles Fund

Performance (trailing, annualised)

1Y annualised4.93%
3Y annualised16.58%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,27,85912.32%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,17,9339.93%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202332.74%
Calendar 202437.79%
Calendar 2025-1.62%

Rolling returns

Rolling 1Y · average143 windows since 29 Nov 202321.39%
Rolling 1Y · median11.52%
Rolling 1Y · worst window-8.09%
Rolling 1Y · best window58.30%
Rolling 1Y · windows positive81%
Rolling 3Y · average39 windows since 4 Dec 202518.91%
Rolling 3Y · median18.86%
Rolling 3Y · worst window15.67%
Rolling 3Y · best window22.16%
Rolling 3Y · windows positive100%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)18.25%
Downside deviation (3Y)13.45%
Maximum drawdown-23.41%

Management

Fund managerGautam Bhupal, Sonal Gupta
Managing since2 Sep 2026

What it holds

SecurityWeight
ICICI Bank Limited5.8%
HDFC Bank Limited3.1%
Mtar Technologies Limited2.9%
InterGlobe Aviation Limited2.8%
Reliance Industries Limited2.8%
Hindustan Aeronautics Limited2.5%
RBL Bank Limited2.3%
ICICI Prudential AMC Ltd2.2%
Larsen & Toubro Limited2.2%
Bharat Electronics Limited2.2%
SectorWeight
Banks15.0%
Capital Markets10.6%
Construction7.4%
Electrical Equipment7.4%
Retailing6.6%

Portfolio disclosed: 97.8% by weight.

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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