60
Business CycleHold
HSBC BusIness Cycles
HSBC · Direct–Growth · rank #5 of 19 by Smart Score
Data updated
Trailing returns
1 Year
-0.9%
+3.8% vs index
3 Years
15.1%
+5.7% vs index
5 Years
13.3%
+5.4% vs index
Since launch
13.6%
Year-by-year performance
2023
+32.7%+6.2% vs index
2024
+37.8%+22.1% vs index
2025
-1.6%-9.3% vs index
2026
+1.8%+7.8% vs index
Why this score
HSBC BusIness Cycles scores 60/100 — #5 of 19 Business Cycle fund (Hold). It stands out for 3y return and sharpe ratio — beating 75% of peers on 3y return. The main drag is its volatility (better than only 9% of peers).
Each bar shows the fund's percentile vs Business Cycle peers — a longer bar beats more of the category.
3Y return15.09% · 75th percentile in category
Volatility20.61 · 9th percentile in category
Sharpe ratio0.55 · 74th percentile in category
5Y return13.28% · 63rd percentile in category
Alpha4.79 · 79th percentile in category
Sortino ratio0.63 · 74th percentile in category
Top holdings
1.ICICI Bank Ltd5.33%
2.MTAR Technologies Ltd3.9%
3.Interglobe Aviation Ltd3.38%
4.HDFC Bank Ltd2.97%
5.Reliance Industries Ltd2.58%
70 disclosed equity positions · portfolio as of Sept 2026 · weights are % of total corpus.