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HSBC Business Cycles Fund - Regular Growth
Open Ended Schemes(Equity Scheme - Sectoral/ Thematic)Very High Risk★★★★★ISIN INF917K01RF8
NAV · 06-Jul-2026
₹43.0029
1M
+5.08%
6M
+1.27%
1Y (CAGR)
-3.77%
3Y (CAGR)
+16.27%
5Y (CAGR)
—
Since inception (CAGR)
+16.59%
NAV history
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Risk & SIP analytics
Q2 · 3Y in categoryVolatility (3y)
18.12%
Downside dev (3y)
15.05%
Max drawdown (3y)
-23.6%
Sharpe (3y)
0.54
SIP XIRR (3y)
+8.55%
Calendar-year returns
2023 +31.3%2024 +36.3%2025 -2.7%
Fund facts
Fund managerGautam Bhupal · Mayank Chaturvedi
AUM₹11,422 Cr
TER · AMFI officialDirect 1.15% · Regular 2.33% (2026-06-30)
Launch date30-Jul-2014
Plan typeOpen Ended · Equity
Min lumpsumRs. 5000 and in multiples of Re.1 thereafter
Lock-inNone
Volatility17.98
AMCHSBC Asset Management (India) Private Ltd.
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.
scheme documents ↗