HSBC Business Cycles Fund - Direct Plan IDCW | HSBC Business Cycles Fund - Direct Plan NAV Today [23.89], Performance & History

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Equity Sectoral Thematic Direct

Regular

Direct

3 Year Absolute Returns

32.90% ↑

NAV (₹) on 20 Mar 2026

23.89

1 Day NAV Change

-0.10%

Risk Level

Very High Risk

Rating

HSBC Business Cycles Fund - Direct Plan is a Equity mutual fund categorized under Diversified, offered by HSBC Asset Management (India) Pvt. Ltd.. Launched on 30 Jul 2014, investors can start with a ... Read more

NAV History

Fund Details

Min. SIP Amount

₹500

Inception Date

30 Jul 2014

Min. Lumpsum Amount

₹ 5,000

Fund Age

11 Yrs

AUM

₹ 1,101.49 Cr.

Benchmark

NIfty 500 Total Return

Expense Ratio

1.04%

Scheme Type

Open Ended

Exit Load

Returns Calculator

Investment amount per month

₹1,000

Over the past

Would have become

On total investment of

*Calculation based on past performance of this fund.

Asset Allocation

AUM

₹ 1,101.49 Cr

Equity

194.79%

Money Market & Cash

6.05%

Sector Holdings

Sectors	Weightage
Finance - Banks - Private Sector	13.44%
Aerospace & Defense	7.03%
Refineries	5.08%
Construction, Contracting & Engineering	4.88%
Finance - Mutual Funds	3.85%
E-Commerce/E-Retail	3.38%
Exchange Platform	3.13%
Finance - Banks - Public Sector	3.13%
Power - Transmission/Equipment	2.91%
Cement	2.78%
Treps/Reverse Repo	2.71%
Finance - Term Lending Institutions	2.27%
Non-Banking Financial Company (NBFC)	2.01%
Airlines	1.97%
Finance & Investments	1.96%
Iron & Steel	1.95%
Finance - Housing	1.94%
Auto - 2 & 3 Wheelers	1.78%
Aluminium	1.76%
IT Consulting & Software	1.64%
Financial Technologies (Fintech)	1.60%
Air Conditioners	1.54%
Hotels, Resorts & Restaurants	1.50%
Domestic Appliances	1.45%
Fertilisers	1.44%
Auto - LCVs/HCVs	1.38%
Packaging & Containers	1.37%
Furniture, Furnishing & Flooring	1.25%
Electric Equipment - General	1.25%
Consumer Electronics	1.16%
Engineering - Heavy	1.16%
Gems, Jewellery & Precious Metals	1.14%
Realty	1.04%
Paper & Paper Products	1.02%
Railway Wagons and Wans	1.02%
Textiles - Readymade Apparels	1.02%
Cement Products	1.01%
Project Consultancy/Turnkey	1.00%
Chemicals - Speciality	1.00%
Plastics - Plastic & Plastic Products	0.96%
Textiles - Spinning - Cotton Blended	0.76%
Steel - Tubes/Pipes	0.72%
Lenses/Optical Care	0.67%
Agro Chemicals/Pesticides	0.62%
Ceramics/Tiles/Sanitaryware	0.61%
Cables - Power/Others	0.59%
Compressors	0.54%
Logistics - Warehousing/Supply Chain/Others	0.53%
Engineering - General	0.49%
Auto Ancl - Batteries	0.46%
Electric Equipment - Transformers	0.40%
Textiles - Processing/Texturising	0.32%
Infrastructure - General	0.13%

See All

Stock Holdings

Name	Weightage	Value (in Cr.)	Sector
ICICI Bank Limited	5.32%	₹ 58.60	Finance - Banks - Private Sector
Reliance Industries Limited	5.08%	₹ 55.99	Refineries
HDFC Bank Limited	3.98%	₹ 43.82	Finance - Banks - Private Sector
Multi Commodity Exchange of India Ltd.	3.13%	₹ 34.45	Exchange Platform
Bharat Electronics Limited	2.72%	₹ 29.99	Aerospace & Defense
Treps	2.71%	₹ 29.88	Others
Larsen & Toubro Limited	2.58%	₹ 28.45	Construction, Contracting & Engineering
State Bank of India	2.50%	₹ 27.49	Finance - Banks - Public Sector
ICICI Prudential AMC Ltd	2.40%	₹ 26.48	Finance - Mutual Funds
Hindustan Aeronautics Limited	2.27%	₹ 24.97	Aerospace & Defense
Power Finance Corporation Limited	2.27%	₹ 24.96	Finance - Term Lending Institutions
UltraTech Cement Limited	2.26%	₹ 24.85	Cement
Kotak Mahindra Bank Limited	2.08%	₹ 22.90	Finance - Banks - Private Sector
GE Vernova T&D India Limited	2.06%	₹ 22.72	Power - Transmission/Equipment
RBL Bank Limited	2.06%	₹ 22.71	Finance - Banks - Private Sector
Mtar Technologies Limited	2.04%	₹ 22.42	Aerospace & Defense
InterGlobe Aviation Limited	1.97%	₹ 21.72	Airlines
AHLUWALIA CONTRACTS (INDIA) LTD	1.93%	₹ 21.24	Construction, Contracting & Engineering
Hindalco Industries Limited	1.76%	₹ 19.38	Aluminium
TVS Motor Company Limited	1.76%	₹ 19.35	Auto - 2 & 3 Wheelers
SWIGGY LIMITED	1.75%	₹ 19.24	E-Commerce/E-Retail
PB Fintech Limited	1.60%	₹ 17.65	Financial Technologies (Fintech)
BLUE STAR LTD	1.54%	₹ 17	Air Conditioners
PNB Housing Finance Limited	1.46%	₹ 16.05	Finance - Housing
Canara Robeco Mutual Fund	1.45%	₹ 15.93	Finance - Mutual Funds
Amber Enterprises India Limited	1.45%	₹ 15.95	Domestic Appliances
Eternal Limited	1.44%	₹ 15.83	E-Commerce/E-Retail
PARADEEP PHOSPHATES LIMITED	1.44%	₹ 15.81	Fertilisers
Tata Motors Commercial Vehicles Limited	1.38%	₹ 15.16	Auto - LCVs/HCVs
Time Technoplast Limited	1.37%	₹ 15.14	Packaging & Containers
Tata Steel Limited	1.35%	₹ 14.86	Iron & Steel
Motilal Oswal Financial Services	1.32%	₹ 14.50	Finance & Investments
Wakefit Innovations Limited	1.25%	₹ 13.75	Furniture, Furnishing & Flooring
ABB India Limited	1.25%	₹ 13.72	Electric Equipment - General
Piramal Finance Ltd	1.18%	₹ 13.04	Non-Banking Financial Company (NBFC)
Jyoti Cnc Automation Ltd	1.16%	₹ 12.73	Engineering - Heavy
Titan Company Limited	1.14%	₹ 12.55	Gems, Jewellery & Precious Metals
Sobha Limited	1.04%	₹ 11.47	Realty
Gokaldas Exports Limited	1.02%	₹ 11.29	Textiles - Readymade Apparels
TITAGARH RAIL SYSTEMS LIMITED	1.02%	₹ 11.27	Railway Wagons and Wans
Aditya Birla Real Estate Limited	1.02%	₹ 11.26	Paper & Paper Products
INDIAN HUME PIPE COMPANY LIMITED	1.01%	₹ 11.08	Cement Products
POWER MECH PROJECTS LIMITED	1.00%	₹ 11.04	Project Consultancy/Turnkey
Gujarat Fluorochemicals Limited	1.00%	₹ 11.01	Chemicals - Speciality
MOLD-TEK PAKAGING LIMITED	0.96%	₹ 10.54	Plastics - Plastic & Plastic Products
KEC International Limited	0.85%	₹ 9.34	Power - Transmission/Equipment
TBO Tek Limited	0.83%	₹ 9.19	IT Consulting & Software
Cholamandalam Invest & Finance Co Ltd	0.83%	₹ 9.17	Non-Banking Financial Company (NBFC)
Pine Labs Limited	0.81%	₹ 8.93	IT Consulting & Software
ELECTRONICS MART INDIA LIMITED	0.78%	₹ 8.56	Consumer Electronics
INDO COUNT INDUSTRIES LIMITED	0.76%	₹ 8.32	Textiles - Spinning - Cotton Blended
Devyani International Limited	0.75%	₹ 8.27	Hotels, Resorts & Restaurants
EIH Limited	0.75%	₹ 8.22	Hotels, Resorts & Restaurants
Lenskart Solutions Limited	0.67%	₹ 7.43	Lenses/Optical Care
Prudent Corporate Advisory Services Ltd	0.64%	₹ 7.05	Finance & Investments
Bank of Baroda	0.63%	₹ 6.98	Finance - Banks - Public Sector
Epigral Limited	0.62%	₹ 6.81	Agro Chemicals/Pesticides
Kajaria Ceramics Limited	0.61%	₹ 6.77	Ceramics/Tiles/Sanitaryware
Bansal Wire Industries Limited	0.60%	₹ 6.56	Iron & Steel
Motherson Sumi Wiring India Limited	0.59%	₹ 6.48	Cables - Power/Others
KIRLOSKAR PNEUMATIC CO.LTD.	0.54%	₹ 5.89	Compressors
Shadowfax Technologies Limited	0.53%	₹ 5.86	Logistics - Warehousing/Supply Chain/Others
Birla Corporation Limited	0.52%	₹ 5.69	Cement
APL Apollo Tubes Limited	0.51%	₹ 5.59	Steel - Tubes/Pipes
Pitti Engineering Limited	0.49%	₹ 5.40	Engineering - General
Home First Finance Company India Limited	0.48%	₹ 5.34	Finance - Housing
Amara Raja Batteries Ltd	0.46%	₹ 5.08	Auto Ancl - Batteries
Bharat Bijlee Ltd.	0.40%	₹ 4.36	Electric Equipment - Transformers
PG Electroplast Limited	0.38%	₹ 4.23	Consumer Electronics
PNC INFRATECH LIMITED	0.37%	₹ 4.05	Construction, Contracting & Engineering
Ganesha Ecosphere Ltd.	0.32%	₹ 3.47	Textiles - Processing/Texturising
Hi-Tech Pipes Limited	0.21%	₹ 2.29	Steel - Tubes/Pipes
Meesho Limited	0.19%	₹ 2.10	E-Commerce/E-Retail
Awfis Space Solutions Limited	0.13%	₹ 1.46	Infrastructure - General
TVS Motor Company Limited	0.02%	₹ 0.21	Auto - 2 & 3 Wheelers

See All

Returns

	Annualised returns
	9M	1Y	2Y	3Y
Fund returns	-19.57%	-8.46%	-0.55%	9.95%
Category returns	-5.72%	2.83%	12.44%	50.79%

Fund Objective

To seek to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian market with focus on ... Read more

AMC Details

Name

HSBC Asset Management (India) Pvt. Ltd.

Date of Incorporation

27 May 2002

CEO

Mr. Kailash Kulkarni

CIO

Mr. Shriram Ramanathan, Mr. Venugopal Manghat

Type

Foreign

Address

16, V N Road, Fort, Mumbai, Maharashtra, India - 400001

Website

http://www.assetmanagement.hsbc.com/in

[email protected]

Top Funds from Equity - Sectoral/Thematic

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
HSBC Business Cycles Fund - Direct Plan Diversified Direct	₹23.89	-8.46%	32.90%	48.06%	₹1,101	1.04%	Very High
SBI Technology Opportunities Fund Sector Regular	₹109.92	-7.48%	32.05%	71.89%	₹4,273	1.92%	Very High
SBI Technology Opportunities Fund Sector Regular	₹109.92	-7.48%	32.05%	71.89%	₹4,273	1.92%	Very High
SBI Technology Opportunities Fund Sector Regular	₹182.54	-7.48%	32.05%	71.87%	₹4,273	1.92%	Very High
Tata Ethical Fund - Direct Plan Sector Direct	₹217.28	-3.14%	32.01%	67.93%	₹3,715	0.71%	Very High
Tata Ethical Fund - Direct Plan Sector Direct	₹217.28	-3.14%	32.01%	67.93%	₹3,715	0.71%	Very High
Tata Ethical Fund - Direct Plan Sector Direct	₹395.80	-3.14%	32.01%	67.97%	₹3,715	0.71%	Very High
Invesco India ESG Integration Strategy Fund Sector Regular	₹14.86	-8.16%	31.97%	0.00%	₹400	2.45%	Very High
ICICI Prudential Housing Opportunities Fund - Direct Plan Sector Direct	₹14.23	-4.37%	31.76%	0.00%	₹2,437	1.22%	Very High
ICICI Prudential Housing Opportunities Fund - Direct Plan Sector Direct	₹14.23	-4.37%	31.76%	0.00%	₹2,437	1.22%	Very High

Top Funds from HSBC Asset Management (India) Pvt. Ltd.

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
HSBC Global Equity Climate Change Fund of Fund Fund of Funds Regular	₹11.77	18.48%	32.95%	0.00%	₹54	1.43%	Very High
HSBC Global Equity Climate Change Fund of Fund Fund of Funds Regular	₹11.77	18.48%	32.95%	0.00%	₹54	1.43%	Very High
HSBC Global Equity Climate Change Fund of Fund Fund of Funds Regular	₹11.77	18.48%	32.95%	0.00%	₹54	1.43%	Very High
HSBC Business Cycles Fund - Direct Plan Diversified Direct	₹23.89	-8.46%	32.90%	48.06%	₹1,101	1.04%	Very High
HSBC Conservative Hybrid Fund Hybrid Regular	₹60.83	4.43%	30.70%	42.68%	₹139	2.14%	Moderately High
HSBC Large & Mid Cap Fund Largecap Regular	₹19.31	-0.92%	28.60%	49.45%	₹4,706	1.89%	Very High
HSBC Large & Mid Cap Fund Largecap Regular	₹19.31	-0.92%	28.60%	49.45%	₹4,706	1.89%	Very High
HSBC Business Cycles Fund Diversified Regular	₹21.65	-9.86%	27.15%	39.43%	₹1,101	2.21%	Very High
HSBC Business Cycles Fund Diversified Regular	₹21.65	-9.86%	27.15%	39.43%	₹1,101	2.21%	Very High
HSBC Medium Duration Fund - Direct Plan Income Direct	₹23.21	7.29%	26.57%	40.12%	₹746	0.40%	Moderate

FAQs

What is the current NAV of HSBC Business Cycles Fund - Direct Plan IDCW?

The current Net Asset Value (NAV) of HSBC Business Cycles Fund - Direct Plan IDCW is ₹23.89 as of 20 Mar 2026. NAV represents the per-unit market value of the fund and is updated daily based on the closing prices of the underlying securities.

What is the fund size (AUM) of HSBC Business Cycles Fund - Direct Plan IDCW?

The Assets Under Management (AUM) of HSBC Business Cycles Fund - Direct Plan IDCW is ₹1,101.49 Crores. AUM indicates the total market value of assets managed by the fund and reflects investor confidence and fund popularity.

What are the historical returns of HSBC Business Cycles Fund - Direct Plan IDCW?

HSBC Business Cycles Fund - Direct Plan IDCW has delivered returns of -8.46% (1 Year), 9.95% (3 Year), 8.17% (5 Year). Past performance does not guarantee future results, and investors should consider their risk appetite before investing.

What is the risk level of HSBC Business Cycles Fund - Direct Plan IDCW?

HSBC Business Cycles Fund - Direct Plan IDCW has a risk rating of 'Very High' as per the SEBI Riskometer. This indicates the fund is suitable for very aggressive investors comfortable with significant market volatility. Investors should align their investment choices with their personal risk tolerance and financial goals.

What is the minimum investment amount for HSBC Business Cycles Fund - Direct Plan IDCW?

The minimum lumpsum investment required for HSBC Business Cycles Fund - Direct Plan IDCW is ₹5,000. The fund also offers SIP (Systematic Investment Plan) option starting from as low as ₹500, making it accessible for regular investments. This allows investors to start their mutual fund journey with a manageable amount.

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