GB
Gautam BhupalLead
Since Jun 2023
AUM managed
₹10,934.90Cr
Tenure
Since Jun 2023
Funds
7
HSBC Business Cycles Reg Growth
Sectoral/ ThematicHSBC Mutual Fund
NAV
₹42.37
-0.49% today
AUM
₹1,229.28 Cr
Fund size
Expense
2.33%
Regular plan
Min SIP
₹500
per month
Min Lumpsum
₹5,000
one-time
Exit Load
1.0
on redemption
Fund snapshot
Category rank--
Risk-o-meterVery High Risk
BenchmarkNifty 500 TR INR (100%)
Number of holdings70
Inception20 Aug 2014
Exit load1.0
Risk metrics
Alpha0
Beta0
Sharpe ratio0.19
Standard deviation22.79%
Sortino ratio0.32
Capital gains tax
Equity
STCG · short-term
20%Short-term gains taxed at 20%
Applies when equity fund units are sold within 12 months.
LTCG · long-term
12.5%Long-term gains taxed at 12.5%
Applies when equity fund units are sold after 12 months.
Equity-oriented mutual fund taxation applies based on holding period.
Fund managers
SG
Since Jun 2023
AUM managed
₹98,359.24Cr
Tenure
Since Jun 2023
Funds
23
MC
Since Oct 2025
AUM managed
₹99,106.88Cr
Tenure
Since Oct 2025
Funds
21
About HSBC Business Cycles Reg Growth
HSBC Business Cycles Reg Growth is an open-ended Sectoral/ Thematic mutual fund scheme offered by HSBC Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹42.37 per unit and the scheme manages ₹1,229.28 Cr in assets under management. The fund charges an expense ratio of 2.33% and is benchmarked against Nifty 500 TR INR (100%). Over the trailing 5 years, HSBC Business Cycles Reg Growth has delivered +12.08% returns. SEBI's riskometer places this scheme in the Very High Risk category, so read the scheme information document before investing.
Investment objective
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.
Regular Plan · Growth option · NAV as of 15 Oct 2026
HSBC Business Cycles Reg Growth returns
| Period | Fund |
|---|---|
| 1 month | -1.48% |
| 3 months | -1.40% |
| 6 months | +4.38% |
| 1 year | -1.35% |
| 3 years | +13.97% |
| 5 years | +12.08% |
Rolling returns
| Period | Fund |
|---|---|
| 3 months | +8.01% |
| 6 months | +10.16% |
| 1 year | +7.68% |
| 3 years | +57.33% |
| 5 years | +100.77% |
Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
HSBC Business Cycles Reg Growth — frequently asked questions
What is the NAV of HSBC Business Cycles Reg Growth?
The latest net asset value (NAV) of HSBC Business Cycles Reg Growth is ₹42.37 per unit, -0.49% over the previous trading day. NAV is declared by the AMC at the end of every business day.
What returns has HSBC Business Cycles Reg Growth delivered?
HSBC Business Cycles Reg Growth has returned +12.08% over the trailing 5 years (1 year: -1.35%, 3 years: +13.97%). Returns beyond one year are annualised. Past performance does not guarantee future returns.
What is the expense ratio of HSBC Business Cycles Reg Growth?
HSBC Business Cycles Reg Growth charges an expense ratio of 2.33% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.
How risky is HSBC Business Cycles Reg Growth?
SEBI's riskometer classifies HSBC Business Cycles Reg Growth as Very High Risk, which is typical for a Sectoral/ Thematic scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.
What is the minimum investment in HSBC Business Cycles Reg Growth?
You can start a SIP in HSBC Business Cycles Reg Growth from ₹500 per month, and the minimum lumpsum investment is ₹5,000.
Who manages HSBC Business Cycles Reg Growth?
HSBC Business Cycles Reg Growth is managed by HSBC Mutual Fund, holds ₹1,229.28 Cr in assets under management and invests across 70 holdings. This page covers the regular plan with the growth option.
Scheme identifiers
- Fund house
- HSBC Mutual Fund
- Scheme category
- Equity
- Scheme sub-category
- Sectoral/ Thematic
- Plan
- Regular plan
- Option
- Growth
- ISIN
- INF917K01RF8
- Scheme code
- FS0000B0KN