- AMC
- HSBC Mutual Fund
- Category
- Thematic Fund
- ISIN
- INF917K01RK8
HSBC Business Cycles Fund
₹24.8001
−₹0.2629 (−1.05%)
NAV · Direct · IDCW ·
HSBC Business Cycles Fund's Direct IDCW NAV was ₹24.8001 on 19 Oct 2026, down 1.05% on the day. Its 3-year return is 5.73% a year.
- Expense ratio
- 1.12%
- Fund size
- ₹1,134.42 Cr
- Min. investment
- ₹5,000
NAV history
Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹22.8652 to ₹28.6306.
Direct · IDCW plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Fund details
- Expense ratio
- 1.12% (Direct)
- Exit load
- nil for up to 10% of units redeemed within 1 year; 1% for units over 10% redeemed within 1 year; nil after 1 year
- Riskometer
- Very high
- Benchmark
- Nifty 500 TRI
- Launched
- 30 Jul 2014
- Fund managers
- Gautam Bhupal, Dipan S. Parikh, Mayank Chaturvedi
Fund size, expense ratio and minimums as of 16 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF917K01RI2 | ₹46.7707 | −1.05% | 1.12% | −1.79% |
| Regular · Growth | INF917K01RF8 | ₹41.8694 | −1.06% | 2.32% | −2.96% |
| Direct · IDCW | INF917K01RK8 | ₹24.8001 | −1.05% | 1.12% | −9.65% |
| Regular · IDCW | INF917K01RH4 | ₹22.2052 | −1.06% | 2.32% | −11.20% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
Armor risk check
HSBC Business Cycles Fund moves about 1.3× as much as the market
Volatility, past year
Worst fall, past year
Compared with the Nifty 500 over the past 12 months.
Check it against your portfolio in the appAbout this fund
HSBC Business Cycles Fund is an open-ended mutual fund from HSBC Mutual Fund, in the Thematic Fund category. It began on 30 Jul 2014. It is benchmarked to the Nifty 500 TRI. The fund manages ₹1,134.42 Cr across its plans as of 16 Oct 2026. The Direct · IDCW plan has an expense ratio of 1.12%. The minimum first investment is ₹5,000, and SIPs are available.
FAQs
What is the NAV of HSBC Business Cycles Fund?
The NAV of HSBC Business Cycles Fund (Direct · IDCW) was ₹24.8001 on 19 Oct 2026, down 1.05% from the previous NAV.
What plans does HSBC Business Cycles Fund have?
HSBC Business Cycles Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of HSBC Business Cycles Fund?
The Direct · IDCW plan of HSBC Business Cycles Fund has an expense ratio of 1.12%.
What is the fund size (AUM) of HSBC Business Cycles Fund?
HSBC Business Cycles Fund manages ₹1,134.42 Cr across all plans as of 16 Oct 2026.
What returns has HSBC Business Cycles Fund delivered?
HSBC Business Cycles Fund returned −9.65% over 1Y, +5.73% a year over 3Y. Past performance does not guarantee future returns.
What is the exit load of HSBC Business Cycles Fund?
HSBC Business Cycles Fund: nil for up to 10% of units redeemed within 1 year; 1% for units over 10% redeemed within 1 year; nil after 1 year.
What is the minimum investment and SIP amount for HSBC Business Cycles Fund?
The minimum first investment in HSBC Business Cycles Fund is ₹5,000, and ₹1,000 after that. SIPs are available (SIP available Daily, Weekly, Monthly, Quarterly with minimum Rs. 500 per installment (Rs. 1500 for Quarterly). Minimum aggregate amount Rs. 6,000. Minimum 6 installments for Daily/Weekly/Monthly, 4 for Quarterly.).
How risky is HSBC Business Cycles Fund?
HSBC Business Cycles Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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