Mutual Fund

Fund Card

HSBC Business Cycles Fund-Reg(G)

very highequity

40.46 0.08(0.20%) NAV as on 23 Apr 2025

5.14 % 1 M

12.15 % 1 Y

21.27 % 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 :

2.29

As on 31 Mar, 2025

Age :

10 yrs 8 m

Since 20 08 ,2014

Exit Load :

AUM :

967.37 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 :

8.23

Min. Investment :

SIP 500 & Lumpsum 5000

Scheme Benchmark :

Fund Manager :

Gautam Bhupal,Venugopal Manghat

LATEST ASSET & PORTFOLIO ALLOCATION

as on Mar 31 ,2025

Others 2.75 %

Equity 97.25 %

TOP HOLDINGS

ICICI Bank Ltd.5.92 %

Reliance Industries Ltd.5.29 %

Trent Ltd.5.27 %

Multi Commodity Exchange Of In...5.18 %

HDFC Bank Ltd.4.66 %

See All Holding

ALLOCATION BY MARKET CAP

ALLOCATION BY SECTOR

Bank - Private	13.06
Engineering - Construction	10.60
Finance - Stock Broking	5.51
Refineries	5.29
Retailing	5.27

See All Sectors

5-YEARS HISTORY

Financial Year	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
NAV in Rs (as on 31-Mar-2025)	19.02	22.70	23.87	34.29	38.91
Net Assets(Rs Crores) (as on 31-Mar-2025)	525.48	553.62	542.17	764.45	967.37
Scheme Returns(%)(Absolute)	81.96	17.77	4.26	43.18	11.17
B'mark Returns(%)(Absolute)	NA	NA	NA	NA	NA
Category Rank	12/47	28/57	11/61	28/82	8/119

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 HighEquity40.460.08(0.20%)NAV As on 23 Apr, 2025	20-Aug-2014Inception Date	967.37AUM In Cr.	12.15%1Y	21.27%3Y	28.49%5Y	13.98%Since Inception
Franklin India Opportunities Fund(G)Very HighEquity239.201.24(0.52%)NAV As on 23 Apr, 2025	21-Feb-2000Inception Date	6,046.75AUM In Cr.	13.29%1Y	29.31%3Y	32.45%5Y	13.43%Since Inception
Invesco India PSU Equity Fund(G)Very HighEquity60.050.03(0.05%)NAV As on 23 Apr, 2025	18-Nov-2009Inception Date	1,217.40AUM In Cr.	5.02%1Y	28.72%3Y	29.09%5Y	12.31%Since Inception
360 ONE Quant Fund-Reg(G)Very HighEquity18.620.14(0.77%)NAV As on 23 Apr, 2025	29-Nov-2021Inception Date	631.71AUM In Cr.	12.96%1Y	22.92%3Y	NA%5Y	20.06%Since Inception
ICICI Pru India Opp Fund(G)Very HighEquity34.330.25(0.73%)NAV As on 23 Apr, 2025	15-Jan-2019Inception Date	25,696.42AUM In Cr.	14.28%1Y	22.88%3Y	34.30%5Y	21.73%Since Inception