64
Business CycleBuy
HSBC BusIness Cycles
HSBC · Direct–Growth · rank #5 of 19 by Smart Score
Data updated
Trailing returns
1 Year
1.9%
+4.0% vs index
3 Years
16.0%
+6.1% vs index
5 Years
15.6%
+6.1% vs index
Since launch
14.0%
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
+5.2%+8.9% vs index
Why this score
HSBC BusIness Cycles scores 64/100 — #5 of 19 Business Cycle fund (Buy). It stands out for 5y return and 3y return — beating 88% of peers on 5y 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.
5Y return15.56% · 88th percentile in category
3Y return15.96% · 85th percentile in category
Volatility20.35 · 9th percentile in category
Sortino ratio0.70 · 74th percentile in category
Alpha3.18 · 68th percentile in category
Fund size1229.28 Cr · 34th percentile in category
Top holdings
1.ICICI Bank Ltd5.62%
2.MTAR Technologies Ltd3.37%
3.HDFC Bank Ltd2.85%
4.Interglobe Aviation Ltd2.77%
5.Reliance Industries Ltd2.67%
70 disclosed equity positions · portfolio as of Aug 2026 · weights are % of total corpus.