HSBC Business Cycles Regular Growth

• Alpha -3.51%
• Beta 1.14
• Sharpe Ratio0.84
• Std Deviation 16.59%
• Tracking Error 9.59%

The investment objective of the Scheme is to seek to generate long-term capital appreciation from a portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian market with focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. The Scheme could also additionally invest in Foreign Securities. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

The HSBC Business Cycles Regular Growth has an AUM of 1161.00 crores & has delivered CAGR of 20.48% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.20%. The minimum investment in HSBC Business Cycles Regular Growth is Rs 5000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are High & Exceptional respectively.

The top holdings of the fund include Treps, Multi Commodity Exchange Of India, Reliance Industries & ICICI Bank.

The major sectors where the fund is invested are Regional Banks, Construction Services, Investment Services & Misc. Capital Goods.

Some of the similar funds are HSBC Business Cycles Regular Growth, Axis Innovation Fund Regular Growth, DSP Business Cycle Fund Regular Growth, Quant Business Cycle Fund Regular Growth, Union Innovation & Opportunities Fund Regular Growth. HSBC Business Cycles Regular Growth has a sharpe ratio of 0.84 & a standard deviation of 16.59%.