Should I invest in HSBC Business Cycles Fund - Regular Growth?

We don't give personal investment advice. HSBC Business Cycles Fund - Regular Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding.

HSBC

HSBC Business Cycles Fund - Regular Growth

Latest NAV

₹40.8106

As of

3 Jun 2026

864 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.36%	+0.27%	+0.09	76 / 175	Q2
1W	-2.57%	-1.35%	-1.22	148 / 175	Q4
2W	-0.05%	-0.09%	+0.04	95 / 176	Q3
1M	-2.57%	-0.53%	-2.04	142 / 176	Q4
3M	+2.26%	+2.12%	+0.14	90 / 174	Q3
6M	-3.46%	-1.85%	-1.60	87 / 165	Q3
YTD	-2.93%	-1.98%	-0.95	82 / 165	Q2
1Y	-3.93%	+3.78%	-7.71	123 / 151	Q4
2Y	+1.25%	+3.55%	-2.30	64 / 106	Q3
3Y	+15.87%	+14.41%	+1.47	29 / 67	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+15.34%	+7.02%	+8.33	38 / 176	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-2.93%	-1.38%	-1.55	82 / 164
2025	-3.59%	+1.66%	-5.25	95 / 133
2024	+36.06%	+21.92%	+14.13	10 / 82
2023	+30.59%	+31.01%	-0.43	28 / 59
2022	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+21.12%

31 windows

min -6.1% · max 54.1%

77% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+17.81%

7 windows

min 15.4% · max 20.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

18.71%

3-year · annualised

Sharpe ratio

0.54

vs risk-free 6.5%

Sortino ratio

0.87

Downside-only deviation

Max drawdown

-23.60%

Dec 2024 → Mar 2025

% positive months

69.4%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC INNOVATION FUND - REGULAR PLAN - GROWTH OPTION	HDFC	₹10.4050	3 Jun 2026
Nippon India Active Momentum Fund - Regular Plan- Growth Option	Nippon India	₹12.0306	3 Jun 2026
SBI Automotive Opportunities Fund - Regular Plan - Growth	SBI	₹11.4966	3 Jun 2026
Invesco India Business Cycle Fund - Regular Plan - Growth	Invesco	₹13.0300	3 Jun 2026
Bandhan Business Cycle Fund - Regular Plan - Growth	Bandhan	₹9.3840	3 Jun 2026
quant BFSI Fund - Growth Option - Regular Plan	Quant	₹19.3101	3 Jun 2026
QUANTUM ESG BEST IN CLASS STRATEGY FUND - REGULAR PLAN - GROWTH OPTION	Quantum	₹22.0100	3 Jun 2026
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth	Aditya Birla Sun Life	₹59.0200	3 Jun 2026
Motilal Oswal Active Momentum Fund- Regular- Growth	Motilal Oswal	₹13.3121	3 Jun 2026
Mirae Asset Banking and Financial Services Fund Regular Growth	Mirae Asset	₹20.1120	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹40.8106
2 Jun 2026	₹40.7740
1 Jun 2026	₹40.6260
29 May 2026	₹41.3421
27 May 2026	₹42.0295
26 May 2026	₹41.8508
25 May 2026	₹42.0028
22 May 2026	₹41.4981
21 May 2026	₹41.3431
20 May 2026	₹41.0790

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of HSBC Business Cycles Fund - Regular Growth is ₹40.8106. It's a Sectoral/Thematic Fund from HSBC, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

HSBC Business Cycles Fund - Regular Growth has NAV history starting from 28 Nov 2022, a track record of about 3 years 6 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

HSBC Business Cycles Fund - Regular Growth is managed by HSBC. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HSBC Business Cycles Fund - Regular Growth has delivered a absolute return of -3.93% — -7.71 pp behind the Sectoral/Thematic Fund category average of 3.78%. The fund ranks #123 of 151 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, HSBC Business Cycles Fund - Regular Growth has delivered a CAGR of 15.87% — +1.47 pp ahead of the Sectoral/Thematic Fund category average of 14.41%. The fund ranks #29 of 67 in its category — the second (Q2) quartile.

HSBC Business Cycles Fund - Regular Growth doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in HSBC Business Cycles Fund - Regular Growth exactly 3 years ago would be worth approximately ₹155,570 today — a multiplier of 1.56×, based on the 3-year CAGR of 15.87%. The category average over the same window would have grown ₹1 lakh to ₹149,741.

A ₹10,000 monthly SIP in HSBC Business Cycles Fund - Regular Growth over the last 3 years — total invested ₹360,000 — would be worth ₹397,907 today. That's an XIRR (money-weighted annualised return) of 6.60%.

HSBC Business Cycles Fund - Regular Growth doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹397,907 — XIRR 6.60%.

On a 3-year basis, HSBC Business Cycles Fund - Regular Growth ranks #29 out of 67 funds in the Sectoral/Thematic Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 14.41%; this fund delivered 15.87%.

The worst peak-to-trough decline HSBC Business Cycles Fund - Regular Growth has experienced over the last 3-year window is 23.60% — its NAV fell from a high on 11 Dec 2024 to a low on 03 Mar 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, HSBC Business Cycles Fund - Regular Growth averaged 17.81% (best 20.63%, worst 15.42%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.54 — reasonable risk-adjusted performance.

In calendar year 2025, HSBC Business Cycles Fund - Regular Growth returned -3.59% — lagging the Sectoral/Thematic Fund category average of 1.66% by 5.25 pp. It ranked #95 of 133 in its category that year.

HSBC Business Cycles Fund - Regular Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. HSBC Business Cycles Fund - Regular Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.