HSBC Business Cycles Direct Growth
HSBC Business Cycles Direct Growth

HSBC Business Cycles Direct Growth

Equity
Direct
Equity - Other

NAV: ₹ 26.6 as on 02-12-2022

Fund Performance
zero opening, trading, fund transfer fee
62 people have invested ₹ 6L in mutual fund in the last three months

INDmoney Rank

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Pros
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
2.2%
2%
14%
10.7%
18.7%
8.9%
Benchmark
3.1%
5%
13.4%
7.5%
17.9%
12%
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 26.6214 as on 02-12-2022.

2) HSBC Business Cycles Direct Growth has 567 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 1.44 %.

Fund Overview

Expense ratio
Expense ratio
1.44%
Benchmark
Benchmark
IISL Nifty 500 TR INR
AUM
AUM
₹567 Cr
Inception Date
Inception Date
20 August, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
13.58%

Fund Distribution

  • Equity 99%
  • Debt & Cash 1%
Size breakup
Large cap
41.1%
Mid cap
29.1%
Small cap
27.9%

Sector Allocation

Oct'22

Sep'22

Aug'22

Industrial

28.1%

Financial Services

24.5%

Consumer Cyclical

18.9%

Basic Materials

18.2%

Energy

7.3%

Real Estate

2.3%

Consumer Defensive

0.7%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings51
Equity Holdings50
Debt Holdings1

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 13 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 566.9 Cr
Sep'22
₹ 553.9 Cr
Aug'22
₹ 570.1 Cr

Fund Returns vs Benchmark

Oct'22
2.48%
5.37%
Sep'22
-2.68%
-2.51%
Aug'22
5.52%
3.22%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
51
50
53
Top 5 Company Concentration
27%
26.7%
29.9%
Company having highest exposure
ICICI Bank Ltd (9%)
ICICI Bank Ltd (8.7%)
ICICI Bank Ltd (8.7%)
No of Sectors
8
8
8
Top 5 Sectors Concentration
96%
92.1%
95.2%
Sector having highest exposure
Industrial (27.8%)
Industrial (26.1%)
Industrial (28.5%)

Fund Manager

Venugopal Manghat

Venugopal Manghat

Managing this fund since 20 August 2014

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HSBC Small Cap Fund Fund Direct Growth
30.27%
31.87%
HSBC Value Fund Direct Plan Growth Option
21.26%
20.24%
L&T Flexicap Fund Direct Plan Growth Option
15.15%
16.77%
Ankur Arora

Ankur Arora

Managing this fund since 25 November 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HSBC Large Cap Fund - Growth Direct
15.14%
16.28%
HSBC Focused Fund Direct Growth
0%
17.21%
HSBC Business Cycles Direct Growth
18.73%
--

AMC details

Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Fund House
HSBC Asset Management(India)Private Ltd

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 12.55% since inception which is less than its category average return of 13.24%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.99% in Equity, 0% in Debt and 1.01% in Cash related instruments
AUM size ₹567 Cr

AUM size ₹567 Cr

This fund has AUM of ₹567 Cr which is less than its category average of ₹ 1208 Cr
Expense Ratio 1.44%

Expense Ratio 1.44%

This fund has an expense ratio of 1.44% which is more than its category average expense ratio of 1.43%

Frequently Asked Questions

The current NAV of HSBC Business Cycles Direct Growth is 26.6.
Existing (Absolute + CAGR)
HSBC Business Cycles Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.12%
2.12%
6 Month Returns
13.76%
13.76%
1 Year Returns
12.03%
12.03%
3 Years Returns
66.93%
18.63%
5 Years Returns
53.27%
8.92%
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1.44 as on November 2022
567 Cr as on November 2022
ICICI Bank Ltd(8.97%),HDFC Bank Ltd(6.13%),Ratnamani Metals & Tubes Ltd(3.99%),State Bank of India(3.94%),Larsen & Toubro Ltd(3.92%) as on November 2022
Industrial(27.8%),Financial Services(24.22%),Consumer Cyclical(18.74%) as on November 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
-
-
-
As on month end.
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
-
-
-
As on month end.
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
0.6
0.27
As on month end.
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
17.79
25.8
23.15
As on month end.
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.
0.82
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.