HSBC Business Cycles Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 24.9 as on 30-01-2023
Fund Performance
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)
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 | 1.43% |
Benchmark | IISL Nifty 500 TR INR |
AUM | ₹554 Cr |
Inception Date | 20 August, 2014 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 13.58% |
Fund Distribution as on (31-Dec-22)
Size breakup
Large cap
49.5%
Small cap
27.1%
Mid cap
18.9%
Sector Allocation
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 Holdings47
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
ICICI Bank Ltd | 8.04% | -10.7% | |
HDFC Bank Ltd | 6.82% | 0% | |
State Bank of India | 4.63% | 0% | |
Larsen & Toubro Ltd | 4.13% | 0% | |
Reliance Industries Ltd | 3.92% | 0% |
See all
What changed
in last one month
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)
Winners & Losers as on (31-Dec-22)
Top Growth Drivers | 1M Return |
|---|---|
Ahluwalia Contracts (India) Ltd | 10.5% |
Aegis Logistics Ltd | 6.5% |
Carborundum Universal Ltd | 4.4% |
Top Losers | 1M Return |
|---|---|
GMM Pfaudler Ltd | -19.7% |
Timken India Ltd | -11.9% |
ICICI Bank Ltd | -5.2% |
Peer Analysis
Fund Manager
Venugopal Manghat
Fund Manager of HSBC Business Cycles Direct Growth, since 20 August 2014
Top funds managed
Ankur Arora
Fund Manager of HSBC Business Cycles Direct Growth, since 25 November 2022
Top funds managed
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
Very High Risk
Investors understand that their principal will be at Very High Risk
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
This fund has an allocation of 96.42% in Equity, 0% in Debt and 3.58% in Cash related instruments
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%
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%
Mutual Fund execution provided by
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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.