March 26, 2024
mayank
HSBC Business Cycles Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 36.5223
NAV IDCW: Rs 24.8044
Suitable For Which Investors?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate long term capital appreciation from a portfolio of 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.
Fund Manager:
1) Gautam Bhupal
Education: Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons)
Experience: Prior to joining HSBC Mutual Fund he was working with IDFC Asset Management Company Ltd., Motilal Oswal Securities Ltd., Infosys Ltd., Vickers Ballas Securities Ltd., SBC Warburg, UTI Securities Ltd.
2) Venugopal Manghat
Education: Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
Experience: Prior to joining HSBC Mutual Fund, he has worked with L&T Mutual Fund, Tata Asset Management Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details
| Fund House | HSBC Mutual Fund |
| Launch Date | 20-Aug-14 |
| Return Since Launch | 14.45% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 770 Cr |
| (As on 29-Feb-2024) | |
| Expense | 1.32% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 27.00% |
Trailing Returns (%) of HSBC Business Cycles Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HSBC Business Cycles Dir | 6.61 | 0.79 | -2.39 | 7.79 | 18.86 | 44.47 | 22.86 | 18.83 | 14.50 | — |
| S&P BSE 500 TRI | 3.12 | 0.49 | -1.38 | 5.17 | 16.08 | 39.28 | 18.67 | 17.47 | 15.79 | — |
Peer Comparison of HSBC Business Cycles Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| HSBC Business Cycles Dir | Unrated | 44.47 | 22.86 | 18.83 | 1.32 | 770 | 14.45 | 1.00 (365) | 9Y 7M | 27.00 |
| ICICI Pru India Opportunities Dir | Unrated | 51.93 | 31.80 | 24.29 | 0.55 | 17,052 | 24.75 | 1.00 (365) | 5Y 2M | 73.00 |
| ICICI Pru Business Cycle Dir | Unrated | 53.55 | 26.18 | — | 0.77 | 7,395 | 27.06 | 1.00 (30) | 3Y 2M | 45.00 |
| ICICI Pru Innovation Dir | Unrated | — | — | — | 0.64 | 4,214 | 50.50 | 1.00 (365) | 10M | 77.00 |
| Axis India Manufacturing Dir | Unrated | — | — | — | 0.40 | 4,079 | 13.90 | 1.00 (360) | 3M | 3.00 |
Portfolio Analysis of HSBC Business Cycles Fund
| No. of Stocks | 51 |
| Top 10 Stocks | 40.72% |
| Top 5 Stocks | 24.56% |
| Top 3 Sectors | 53.44% |
| Portfolio P/B Ratio | 4.02 |
| Portfolio P/E Ratio | 27.10 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 57,022 | 1,27,822 |
| Giant (%) | 26.84 | 45.25 |
| Large (%) | 17.06 | 23.06 |
| Mid (%) | 37.47 | 26.94 |
| Small (%) | 18.63 | 13.54 |
| Tiny (%) | — | 0.63 |
How to Invest in HSBC Business Cycles Fund?
Chanakya’s Mutual Fund Guidance For HSBC Business Cycles Fund
Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.
Apply Online: https://invest.assetmanagement.hsbc.co.in/auth/login
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-business-cycle-fund/