HSBC Business Cycles Direct Growth
HSBC Business Cycles Direct Growth

HSBC Business Cycles Direct Growth

Equity
Direct
Equity - Other

NAV: ₹ 24.9 as on 30-01-2023

Fund Performance
zero opening, trading, fund transfer fee
60 people have invested ₹ 2.7L in mutual fund in the last three months

Fund Insights

In the last 1 year, Quant Quantamental Fund Direct Growth has given 22.38% return, outperforming this fund by 18.73%

In the last 3 years, ICICI Prudential Commodities Fund Direct Growth has given 39.77% return, outperforming this fund by 25.79%

In the last 5 years, Tata Resources & Energy Fund Direct Growth has given 13.31% return, outperforming this fund by 6.69%

INDmoney Rank

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IND ranking is not available for this fund.
Pros
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.

Fund Performance as on (19-Jan-23)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-3.7%
-3.3%
0.6%
3.7%
14%
6.6%
Benchmark
-2.3%
2.2%
9.6%
-0.5%
15%
9.6%
Category
-
-
-
-
-
-
About the Fund

HSBC Business Cycles Direct Growth is an equity fund. This fund was started on  20 August, 2014. The fund is managed by Venugopal Manghat, Ankur Arora. The fund could potentially beat inflation in the long-run.

Key parameters

1) HSBC Business Cycles Direct Growth has a NAV of 24.8556 as on 30-01-2023.

2) HSBC Business Cycles Direct Growth has 554 Cr worth of assets under management (AUM) as on 30-11-2022 and is less than category average.

3) The fund has an expense ratio 1.43 %.

Fund Overview

Expense ratio
Expense ratio
1.43%
Benchmark
Benchmark
IISL Nifty 500 TR INR
AUM
AUM
₹554 Cr
Inception Date
Inception Date
20 August, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
13.58%

Fund Distribution as on (31-Dec-22)

  • Equity 96.4%
  • Debt & Cash 3.6%
Size breakup
Large cap
49.5%
Small cap
27.1%
Mid cap
18.9%

Sector Allocation

Dec'22

Nov'22

Oct'22

Industrial

32.7%

Financial Services

27.6%

Consumer Cyclical

16.3%

Basic Materials

14.7%

Energy

7.2%

Real Estate

0.9%

Consumer Defensive

0.7%

Top Holdings as on (31-Dec-22)

  • Equity
Equity Holdings47

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 18.2 Cr in last 1M
Dec'22 return underperformed benchmark

Change in AUM

Dec'22
₹ 554 Cr
Nov'22
₹ 572.2 Cr
Oct'22
₹ 566.9 Cr

Fund Returns vs Benchmark

Dec'22
1.87%
2.63%
Dec'22
2.48%
5.37%
Oct'22
2.48%
5.37%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
47
48
51
Top 5 Company Concentration
27.6%
28.3%
27%
Company having highest exposure
ICICI Bank Ltd (8%)
ICICI Bank Ltd (9.3%)
ICICI Bank Ltd (9%)
No of Sectors
8
8
8
Top 5 Sectors Concentration
94.9%
92.9%
96%
Sector having highest exposure
Industrial (31.5%)
Industrial (27.5%)
Industrial (27.8%)

Fund Manager

Venugopal Manghat

Venugopal Manghat

Fund Manager of HSBC Business Cycles Direct Growth, since 20 August 2014
Ankur Arora

Ankur Arora

Fund Manager of HSBC Business Cycles Direct Growth, since 25 November 2022

AMC details

Fund House
HSBC Asset Management(India)Private Ltd
Total Schemes
Total AUM
₹90.93K Cr
as on 31-Dec-2022
Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Email
investor.line@lntmf.co.in

Fund Highlights

meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 11.38% since inception which is more than its category average return of 10.5%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.42% in Equity, 0% in Debt and 3.58% in Cash related instruments
AUM size ₹554 Cr

AUM size ₹554 Cr

This fund has AUM of ₹554 Cr which is less than its category average of ₹ 1214 Cr
Expense Ratio 1.43%

Expense Ratio 1.43%

This fund has an expense ratio of 1.43% which is less than its category average expense ratio of 1.43%

Frequently Asked Questions

The current NAV of HSBC Business Cycles Direct Growth is 24.86 as on 30-Jan-2023.
Existing (Absolute + CAGR)
HSBC Business Cycles Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-3.57%
-3.57%
6 Month Returns
2.37%
2.37%
1 Year Returns
3.67%
3.67%
3 Years Returns
46.84%
13.66%
5 Years Returns
36.24%
6.38%
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1.43 as on December 2022
554 Cr as on December 2022
ICICI Bank Ltd(8.04%),HDFC Bank Ltd(6.82%),State Bank of India(4.63%),Larsen & Toubro Ltd(4.13%),Reliance Industries Ltd(3.92%) as on December 2022
Industrial(31.54%),Financial Services(26.56%),Consumer Cyclical(15.69%) as on December 2022
The alpha ratio for the HSBC Business Cycles Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HSBC Business Cycles Direct Growth
2.27
-0.85
-4.09
As on December 2022
The alpha for HSBC Business Cycles Direct Growth is calculated against IISL Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HSBC Business Cycles Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HSBC Business Cycles Direct Growth
1.06
1.09
1.11
As on December 2022
The Beta for HSBC Business Cycles Direct Growth is calculated with IISL Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HSBC Business Cycles Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HSBC Business Cycles Direct Growth
0.16
0.58
0.2
As on December 2022
The sharpe ratio for HSBC Business Cycles Direct Growth is calculated with IISL Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HSBC Business Cycles Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HSBC Business Cycles Direct Growth
17.63
25.87
23.14
As on December 2022
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.79 as on December 2022. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Venugopal Manghat,Ankur Arora are the fund managers of HSBC Business Cycles Direct Growth
The Exit load of HSBC Business Cycles Direct Growth is 1%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.