Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
HSBC Business Cycles Fund - Regular IDCW
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 73/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)15.96%
- Expense ratio (20%)1.12%
- AUM (15%)₹1,229 Cr
Not investment advice — an analytical read of public fund data. Methodology →
HSBC Mutual Fund · Equity · Thematic
₹48.87
AUM: ₹1,229 Cr
NAV updated 7 days ago
Plan
Regular
Option
Idcw
Risk
Very High
Expense Ratio
1.12%
Exit Load
Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Fund Manager
Sonal Gupta
Inception
Aug 2014
Benchmark
NIFTY 500 Total Return Index
Sharpe Ratio
-0.57
Std Dev (1Y)
19.33%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.41%
3m
+2.58%
6m
+14.12%
1y
+1.88%
3y
+15.96%
5y
+15.56%
10y
+13.77%
since inception
+6.79%
TopFund's Take on HSBC Business Cycles Fund - Regular IDCW
HSBC Business Cycles Fund - Regular IDCW holds up reasonably well within the Thematic category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 73/100.
Cost: At 1.12%, the expense ratio runs 13% above the Thematic category average of 0.99%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.57 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 19.33% is fairly typical for Thematic funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about HSBC Business Cycles Fund - Regular IDCW
The current NAV (Net Asset Value) of HSBC Business Cycles Fund - Regular IDCW is ₹48.87. NAV is updated every business day after market close by AMFI.
1Y: 1.88% · 3Y CAGR: 15.96% · 5Y CAGR: 15.56%
The expense ratio of HSBC Business Cycles Fund - Regular IDCW is 1.12% per annum. This is the annual fee charged by the fund to manage your investment.
HSBC Business Cycles Fund - Regular IDCW is managed by Sonal Gupta at HSBC Mutual Fund.
HSBC Business Cycles Fund - Regular IDCW is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
HSBC Business Cycles Fund - Regular IDCW is a Thematic fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in HSBC Business Cycles Fund - Regular IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of HSBC Business Cycles Fund - Regular IDCW is ₹1,229 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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