HSBC Mutual Fund · Equity · Sectoral / Thematic · Direct plan
HSBC Business Cycles Fund - Direct Plan - Growth
₹45.388NAV on 30 Oct 2026Expense ratio 1.15%
29 Oct 2025NAV low 39.67 · high 49.86-4.9%
In plain words
Over 3 years it returned +14.8% a year, against +7.4% for its benchmark index.
Its worst fall from a peak in the last 3 years was -23.4%.
On 3-year return it ranks 54 of 139 funds in Sectoral / Thematic.
A monthly SIP over 3 years ended ₹7,443 higher in the direct plan than the regular plan, because of the lower expense ratio.
Past returns, not a promise of future returns or a recommendation.
Returns vs benchmark
| Period | Fund | Benchmark |
|---|---|---|
| 1 month | -4.9% | +1.9% |
| 3 months | -4.2% | -5.1% |
| 6 months | -2.1% | -3.2% |
| 1 year | -4.8% | -10.2% |
| 3 years (yearly) | +14.8% | +7.4% |
| Since start (yearly) | +14.8% | +11.2% |
Monthly SIP of ₹10,000
| Period | Invested | Value now | Yearly return |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,18,101 | -2.6% |
| 3 years | ₹3,60,000 | ₹3,83,505 | +4.0% |
Other plan of this fund: HSBC Business Cycles Fund - Regular Plan - Growth