Mutual Fund

Fund Card

HSBC Business Cycles Fund-Reg(G)

very highequity

43.74 0.36(0.83%) NAV as on 05 Aug 2026

1.99 % 1 M

2.46 % 1 Y

15.7 % 3 Y

Growth Chart of the Scheme vis a vis benchmark (SIP value 10,000)

FUND OBJECTIVE

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 ofbusiness cycles in the economy.

SCHEME DETAILS

Expenses Ratio :

2.33

As on 31 Jul, 2026

Age :

11 yrs 11 m

Since 20 08 ,2014

Exit Load :

AUM :

1,182.69 Crs

Lock-in :

Nil upto 10% of units and 1% for above the limits on or before 1Y, Nil after 1Y

Investing Style :

Large Growth

Portfolio Price To Book Value :

9.47

Min. Investment :

SIP 500 & Lumpsum 5000

Scheme Benchmark :

NIFTY 500 - TRI

Fund Manager :

Gautam Bhupal

LATEST ASSET & PORTFOLIO ALLOCATION

as on Jun 30 ,2026

Others 3.05 %

Equity 96.95 %

TOP HOLDINGS

ICICI Bank Ltd.5.52 %

MTAR Technologies Ltd.3.80 %

HDFC Bank Ltd.3.33 %

Reliance Industries Ltd.2.81 %

Interglobe Aviation Ltd.2.50 %

See All Holding

ALLOCATION BY MARKET CAP

ALLOCATION BY SECTOR

Bank - Private	12.90
Engineering - Construction	5.58
Finance - Asset Management	5.18
Aerospace & Defense	4.71
Electric Equipment	4.24

See All Sectors

5-YEARS HISTORY

Financial Year	2021-2022	2022-2023	2023-2024	2024-2025	2025-2026
NAV in Rs (as on 31-Mar-2026)	22.70	23.87	34.29	38.91	35.75
Net Assets(Rs Crores) (as on 31-Mar-2026)	553.62	542.17	764.45	967.37	976.62
Scheme Returns(%)(Absolute)	17.77	4.26	43.18	11.17	-7.52
B'mark Returns(%)(Absolute)	NA	NA	NA	NA	NA
Category Rank	28/57	11/61	28/82	8/119	111/133

RISKOMETER Level of Risk in the Scheme

Investors understand that their principal will be at very high risk

PERFORMANCE COMPARISON WITH SIMILAR SCHEMES

HSBC Business Cycles Fund-Reg(G)Very HighEquity43.740.36(0.83%)NAV As on 05 Aug, 2026	20-Aug-2014Inception Date	1,182.69AUM In Cr.	2.46%1Y	15.70%3Y	15.31%5Y	13.12%Since Inception
HDFC Defence Fund-Reg(G)Very HighEquity29.46-0.02(-0.06%)NAV As on 05 Aug, 2026	02-Jun-2023Inception Date	10,529.25AUM In Cr.	26.73%1Y	39.06%3Y	NA%5Y	40.49%Since Inception
Invesco India PSU Equity Fund-Reg(G)Very HighEquity65.410.19(0.29%)NAV As on 05 Aug, 2026	18-Nov-2009Inception Date	1,472.61AUM In Cr.	5.60%1Y	21.71%3Y	20.56%5Y	11.89%Since Inception
Franklin India Opportunities Fund(G)Very HighEquity265.961.17(0.44%)NAV As on 05 Aug, 2026	21-Feb-2000Inception Date	9,192.08AUM In Cr.	6.25%1Y	21.54%3Y	18.52%5Y	13.19%Since Inception