HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl

Equity
Direct
Equity - Other
HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl

About the Fund

HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl is an equity fund. This fund was started on 20 August, 2014. The fund is managed by Venugopal Manghat, Sonal Gupta. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl has ₹856 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.3.

Returns

HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl has given a CAGR return of 14.59% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.00%, 22.49% and 19.06% respectively.

Holdings

HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Basic Materials, Energy, Real Estate, Tech. Its top holdings are Trent Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Larsen & Toubro Ltd, Multi Commodity Exchange of India Ltd

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl

The investment objective of the Scheme is to seek to generate long-term capital appreciation from a portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian market with focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. The Scheme could also additionally invest in Foreign Securities. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio1.27%
Benchmark
IISL Nifty 500 TR INR
AUM₹856 Cr
Inception Date20 August, 2014
Min Lumpsum/SIP--/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
27.81%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 98.6%

  • Debt & Cash 1.5%

Large cap
44.8%

Small cap
42.5%

Mid cap
10.1%

Sector Allocation

May'24

Apr'24

Mar'24

Industrial
33.1%
Financial Services
25.2%
Consumer Cyclical
16.4%
Basic Materials
13.6%
Energy
7.6%
Real Estate
2.4%
Tech
1.6%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Venugopal Manghat
Venugopal Manghat
Fund Manager of HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl, since 20 August 2014
Sonal Gupta
Sonal Gupta
Fund Manager of HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl, since 1 June 2023

HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl Highlights

Risk 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 14.59% since inception which is less than its category average return of 25.86%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.55% in Equity, 0% in Debt and 1.45% in Cash related instruments
AUM size ₹856 Cr

AUM size ₹856 Cr

This fund has AUM of ₹856 Cr which is less than its category average of ₹ 1976 Cr
Expense Ratio 1.27%

Expense Ratio 1.27%

This fund has an expense ratio of 1.27% which is more than its category average expense ratio of 1.21%

Frequently Asked Questions

The current NAV of HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl is ₹30.2 as on 19-Jun-2024.
Existing (Absolute + CAGR) as on 19-Jun-2024.
HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.96%
5.96%
6 Month Returns
29.2%
29.2%
1 Year Returns
44%
44%
3 Years Returns
83.78%
22.49%
5 Years Returns
139.28%
19.06%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
1.27% as on May 2024
₹856 Cr as on May 2024
Trent Ltd(5.7%), ICICI Bank Ltd(5.57%), Reliance Industries Ltd(4.53%), Larsen & Toubro Ltd(4.28%), Multi Commodity Exchange of India Ltd(4%) as on May 2024
Industrial(32.66%), Financial Services(24.83%), Consumer Cyclical(16.15%) as on May 2024
The alpha ratio for the HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl
0.58
2.17
-1.2
As on May 2024
The alpha for HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl 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 Payout of Income Dis cum Cap wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl
1.13
0.98
1.09
As on May 2024
The Beta for HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl 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 Payout of Income Dis cum Cap wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl
1.75
0.96
0.6
As on May 2024
The sharpe ratio for HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl 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 Payout of Income Dis cum Cap wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl
15.98
14.61
22.11
As on May 2024
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 1.81 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.27 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Venugopal Manghat, Sonal Gupta are the fund managers of HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl
The Exit load of HSBC Business Cycles Direct Payout of Income Dis cum Cap wdrl is 1%