- Scheme Category:
- Equity Scheme >
NAV: ₹ ↓ -1.1%
NAV chart
SMA (Simple Moving Average)
- 50 SMA
- 100 SMA
- 200 SMA
- 400 SMA
Returns
CAGR returns till date
CAGR returns of HSBC Business Cycles Fund - Direct Growth and its peers as on 1 October, 2026| Name | YTD | 1D | 1W | 1M | 3M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|---|
| HSBC Business Cycles Fund - Direct Growth | 1.57% | -1.1% | -2.21% | -4.08% | -1.49% | 1.24% | 15.16% | 14.63% | 17.27% | 13.31% |
| HDFC Defence Fund - Growth Option - Direct Plan | 25.93% | -1.61% | -2.36% | -3.81% | -1.27% | 22.63% | 36.17% | - | - | - |
| HDFC Technology Fund - Growth Option - Direct Plan | -19.48% | 1.52% | -0.7% | -7.95% | 6.89% | -12.51% | 5.18% | - | - | - |
| Nippon India Consumption Fund - Direct Plan Growth Plan - Growth Option | -8.99% | -1.77% | -4.19% | -7.75% | -5.71% | -10.02% | 7.95% | 10.97% | 16.53% | 12.66% |
| Nippon India Japan Equity Fund- Direct Plan- Growth Plan- Growth Option | 27.5% | -0.1% | 2.54% | 1.55% | 6.31% | 30.6% | 23.29% | 11.59% | 12.85% | 11.67% |
| Nippon India US Equity Opportunities Fund- Direct Plan- Growth Plan- Growth Option | 12.47% | -0.14% | -0.55% | 0.6% | 4.53% | 15.94% | 21.2% | 12.4% | 16.59% | 16.38% |
Discrete returns (yearly)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns | 3.78% | 44.32% | -16.16% | 6.02% | 10.74% | 37.38% | 5.68% | 31.99% | 38.75% | -2.41% |
Discrete returns (monthly)
| Month | Dec 2025 | Jan 2026 | Feb 2026 | Mar 2026 | Apr 2026 | May 2026 | Jun 2026 | Jul 2026 | Aug 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns | -0.93% | -5.83% | -0.69% | -11.71% | 13.53% | -2.6% | 5.21% | -0.68% | 4.64% | -3.01% |
Returns from spefic dates
| Description | CAGR returns from 18 Oct 2021 (Nifty 50 2021 high) | CAGR returns from 26 Sep 2024 (Nifty 50 2024 high) |
|---|---|---|
| Returns | 13.29% | -1.56% |
Portfolio
Asset allocation
| Equity | Debt | Realestate | Commodities | Cash & Equivalents |
|---|---|---|---|---|
| 96.28% | 0.00% (Arbitrage: 0.00%) | 0.00% | 0.00% | 3.72% |
Equity
| Name | Symbol / ISIN | Sector | Weight % | Other links |
|---|---|---|---|---|
| ICICI Bank Limited | ICICIBANK (INE090A01021) | 5.62% | DCF | |
| Mtar Technologies Limited | MTARTECH (INE864I01014) | 3.37% | ||
| HDFC Bank Limited | HDFCBANK (INE040A01034) | 2.85% | DCF | |
| InterGlobe Aviation Limited | INDIGO (INE646L01027) | 2.77% | ||
| Reliance Industries Limited | RELIANCE (INE002A01018) | 2.67% | DCF | |
| Hindustan Aeronautics Limited | HAL (INE066F01020) | 2.49% | ||
| Bharat Electronics Limited | BEL (INE263A01024) | 2.27% | ||
| RBL Bank Limited | RBLBANK (INE976G01028) | 2.20% | ||
| Larsen & Toubro Limited | LT (INE018A01030) | 2.19% | DCF | |
| GE Vernova T&D India Limited | GVT&D (INE200A01026) | 2.13% | ||
| ICICI Prudential AMC Ltd | ICICIAMC (INE346A01027) | 2.12% | ||
| State Bank of India | SBIN (INE062A01020) | 1.97% | DCF | |
| Kotak Mahindra Bank Limited | KOTAKBANK (INE237A01036) | 1.88% | DCF | |
| UltraTech Cement Limited | ULTRACEMCO (INE481G01011) | 1.83% | ||
| Multi Commodity Exchange of India Ltd. | MCX (INE745G01043) | 1.83% | ||
| PNB Housing Finance Limited | PNBHOUSING (INE572E01012) | 1.82% | ||
| PB Fintech Limited | POLICYBZR (INE417T01026) | 1.82% | ||
| APL Apollo Tubes Limited | APLAPOLLO (INE702C01027) | 1.81% | ||
| TVS Motor Company Limited | TVSMOTOR (INE494B01023) | 1.77% | ||
| Eternal Limited | ETERNAL (INE758T01015) | 1.72% | ||
| Motilal Oswal Financial Services | MOTILALOFS (INE338I01027) | 1.70% | ||
| PARADEEP PHOSPHATES LIMITED | PARADEEP (INE088F01024) | 1.69% | ||
| ELECTRONICS MART INDIA LIMITED | EMIL (INE02YR01019) | 1.55% | ||
| Jyoti Cnc Automation Ltd | JYOTICNC (INE980O01024) | 1.50% | ||
| SWIGGY LIMITED | SWIGGY (INE00H001014) | 1.46% | ||
| R R Kabel Limited | RRKABEL (INE777K01022) | 1.43% | ||
| ABB India Limited | ABB (INE117A01022) | 1.40% | ||
| Piramal Finance Ltd | PIRAMALFIN (INE202B01038) | 1.40% | ||
| AHLUWALIA CONTRACTS (INDIA) LTD | AHLUCONT (INE758C01029) | 1.38% | ||
| Prudent Corporate Advisory Services Ltd | PRUDENT (INE00F201020) | 1.35% | ||
| Canara Robeco Mutual Fund | CRAMC (INE218I01013) | 1.33% | ||
| Time Technoplast Limited | TIMETECHNO (INE508G01029) | 1.25% | ||
| Amber Enterprises India Limited | AMBER (INE371P01015) | 1.24% | ||
| Gujarat Fluorochemicals Limited | FLUOROCHEM (INE09N301011) | 1.21% | ||
| Titan Company Limited | TITAN (INE280A01028) | 1.20% | ||
| INDO COUNT INDUSTRIES LIMITED | ICIL (INE483B01026) | 1.20% | ||
| FSN E-Commerce Ventures Limited | NYKAA (INE388Y01029) | 1.19% | ||
| Nippon Life India Asset Management Ltd | NAM-INDIA (INE298J01013) | 1.14% | ||
| Gokaldas Exports Limited | GOKEX (INE887G01027) | 1.12% | ||
| Maruti Suzuki India Limited | MARUTI (INE585B01010) | 1.10% | DCF | |
| POWER MECH PROJECTS LIMITED | POWERMECH (INE211R01019) | 1.09% | ||
| Sterlite Technologies Limited | STLTECH (INE089C01029) | 1.09% | ||
| Pine Labs Limited | PINELABS (INE15B701018) | 1.09% | ||
| TITAGARH RAIL SYSTEMS LIMITED | TITAGARH (INE615H01020) | 1.07% | ||
| MOLD-TEK PAKAGING LIMITED | MOLDTKPAC (INE893J01029) | 1.05% | ||
| BLUE STAR LTD | BLUESTARCO (INE472A01039) | 1.04% | ||
| INDIAN HUME PIPE COMPANY LIMITED | INDIANHUME (INE323C01030) | 1.03% | ||
| Shadowfax Technologies Limited | SHADOWFAX (INE12UN01015) | 1.02% | ||
| Hindalco Industries Limited | HINDALCO (INE038A01020) | 0.99% | ||
| Tata Motors Limited | TMCV (INE1TAE01010) | 0.96% | ||
| Billionbrains Garage Ventures Ltd. | GROWW (INE0HOQ01053) | 0.95% | ||
| Home First Finance Company India Limited | HOMEFIRST (INE481N01025) | 0.94% | ||
| Wakefit Innovations Limited | WAKEFIT (INE0E7301029) | 0.88% | ||
| Sobha Limited | SOBHA (INE671H01015) | 0.84% | ||
| Cholamandalam Invest & Finance Co Ltd | CHOLAFIN (INE121A01024) | 0.80% | ||
| Lenskart Solutions Limited | LENSKART (INE956O01016) | 0.75% | ||
| Devyani International Limited | DEVYANI (INE872J01023) | 0.73% | ||
| Kajaria Ceramics Limited | KAJARIACER (INE217B01036) | 0.68% | ||
| Diamond Power Infrastructure Limited | DIACABS (INE989C01038) | 0.64% | ||
| Dhoot Transmission Limited | (INE01NH01023) | 0.60% | ||
| OPTIEMUS INFRACOM LIMITED | OPTIEMUS (INE350C01017) | 0.55% | ||
| Pitti Engineering Limited | PITTIENG (INE450D01021) | 0.53% | ||
| HDFC Asset Management Company Limited | HDFCAMC (INE127D01025) | 0.53% | ||
| JSW Steel Limited | JSWSTEEL (INE019A01038) | 0.53% | ||
| Amara Raja Batteries Ltd | ARE&M (INE885A01032) | 0.44% | ||
| Ganesha Ecosphere Ltd. | GANECOS (INE845D01014) | 0.37% | ||
| Bharat Bijlee Ltd. | BBL (INE464A01036) | 0.34% | ||
| PG Electroplast Limited | PGEL (INE457L01029) | 0.32% | ||
| Awfis Space Solutions Limited | AWFIS (INE108V01019) | 0.32% | ||
| APAR INDUSTRIES LTD | APARINDS (INE372A01015) | 0.14% |
Portfolio data is as on date 31 August, 2026
NAV history
HSBC Business Cycles Fund - Direct Growth - 30 days NAV (Net asset value) history
| Date | NAV | % change |
|---|---|---|
| 1 October, 2026 | 47.2043 | -1.1% |
| 30 September, 2026 | 47.7295 | 0.64% |
| 29 September, 2026 | 47.4283 | -0.26% |
| 28 September, 2026 | 47.5537 | -1.37% |
| 25 September, 2026 | 48.2161 | -0.12% |
| 24 September, 2026 | 48.273 | -2.45% |
| 23 September, 2026 | 49.4853 | 0.8% |
| 22 September, 2026 | 49.0904 | 0.47% |
| 21 September, 2026 | 48.8608 | -0.02% |
| 18 September, 2026 | 48.8687 | 1.43% |
| 17 September, 2026 | 48.1798 | 0.71% |
| 16 September, 2026 | 47.8417 | -0.3% |
| 15 September, 2026 | 47.9848 | -2.74% |
| 11 September, 2026 | 49.3372 | 0.3% |
| 10 September, 2026 | 49.1912 | -0.1% |
| 9 September, 2026 | 49.2413 | -0.76% |
| 8 September, 2026 | 49.6203 | 0.47% |
| 7 September, 2026 | 49.388 | 0.31% |
| 4 September, 2026 | 49.2331 | 0.51% |
| 3 September, 2026 | 48.9824 | 0.16% |
| 2 September, 2026 | 48.9029 | -0.63% |
| 1 September, 2026 | 49.2107 | -1.18% |
| 31 August, 2026 | 49.8008 | 0.21% |
| 28 August, 2026 | 49.6977 | -0.06% |
| 27 August, 2026 | 49.7273 | -0.26% |
| 26 August, 2026 | 49.856 | 0.37% |
| 25 August, 2026 | 49.6728 | 0.49% |
| 24 August, 2026 | 49.4296 | -0.3% |
| 21 August, 2026 | 49.58 | 0.31% |
| 20 August, 2026 | 49.4244 |
FAQ (Frequently asked questions)
What is latest/current NAV/price of HSBC Business Cycles Fund - Direct Growth?
The latest NAV of HSBC Business Cycles Fund - Direct Growth is 47.2043 as on 1 October, 2026.What are YTD (year to date) returns of HSBC Business Cycles Fund - Direct Growth?
The YTD (year to date) returns of HSBC Business Cycles Fund - Direct Growth are 1.57% as on 1 October, 2026.What are 1 year returns of HSBC Business Cycles Fund - Direct Growth?
The 1 year returns of HSBC Business Cycles Fund - Direct Growth are 1.24% as on 1 October, 2026.What are 3 year CAGR returns of HSBC Business Cycles Fund - Direct Growth?
The 3 year annualized returns (CAGR) of HSBC Business Cycles Fund - Direct Growth are 15.16% as on 1 October, 2026.What are 5 year CAGR returns of HSBC Business Cycles Fund - Direct Growth?
The 5 year annualized returns (CAGR) of HSBC Business Cycles Fund - Direct Growth are 14.63% as on 1 October, 2026.What are 10 year CAGR returns of HSBC Business Cycles Fund - Direct Growth?
The 10 year annualized returns (CAGR) of HSBC Business Cycles Fund - Direct Growth are 14.63% as on 1 October, 2026.What are top 10 holdings of HSBC Business Cycles Fund - Direct Growth?
Top 10 holdings of HSBC Business Cycles Fund - Direct Growth are:- ICICI Bank Limited
- Mtar Technologies Limited
- HDFC Bank Limited
- InterGlobe Aviation Limited
- Reliance Industries Limited
- Hindustan Aeronautics Limited
- Bharat Electronics Limited
- RBL Bank Limited
- Larsen & Toubro Limited
- GE Vernova T&D India Limited
- ICICI Prudential AMC Ltd
What is LTCG (Long term capital gain) and STCG (Short term capital gain) tax for HSBC Business Cycles Fund - Direct Growth?
HSBC Business Cycles Fund - Direct Growth is equity oriented mutual fund. Various capital gain taxes are applicable as below (Effective for redemption after July 23, 2024 and from FY 2024-25)Holding period Tax rate Less than 1 year (STCG) 20% More than 1 year (LTCG) Tax free upto Rs. 1.25 lakhs. 12.5% on rest amount.