52
Business CycleHold
HSBC BusIness Cycles
HSBC · Direct–Growth · rank #6 of 19 by Smart Score
Data updated
Trailing returns
1 Year
4.9%
+1.9% vs index
3 Years
16.6%
+5.0% vs index
5 Years
15.9%
+5.5% vs index
Since launch
14.1%
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
+5.3%+7.3% vs index
Why this score
HSBC BusIness Cycles scores 52/100 — #6 of 19 Business Cycle fund (Hold). It stands out for 3y return and sortino ratio — beating 83% 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 return16.56% · 83rd percentile in category
Volatility20.45 · 9th percentile in category
Fund size1182.34 Cr · 34th percentile in category
1Y return4.92% · 31st percentile in category
Sortino ratio0.74 · 62nd percentile in category
Expense ratio1.15% · 58th percentile in category
Top holdings
1.ICICI Bank Ltd5.77%
2.HDFC Bank Ltd3.12%
3.MTAR Technologies Ltd2.85%
4.Interglobe Aviation Ltd2.84%
5.Reliance Industries Ltd2.84%
72 disclosed equity positions · portfolio as of Jul 2026 · weights are % of total corpus.