HSBC Business Cycles Regular Growth

• Alpha -3.51%
• Beta 1.14
• Sharpe Ratio1.29
• Std Deviation 15.55%
• Tracking Error 9.59%

To seek to generate long-term capital appreciation from a diversified 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.There is no assurance that the investment objective of the scheme will be realized.

The HSBC Business Cycles Regular Growth has an AUM of 633.40 crores & has delivered CAGR of 16.97% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.43%. The minimum investment in HSBC Business Cycles Regular Growth is Rs 5000 and the minimum SIP is Rs 1000.

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

The top holdings of the fund include HDFC Bank, ICICI Bank, Larsen & Toubro & Reliance Industries.

The major sectors where the fund is invested are Regional Banks, Construction Services, Constr. - Supplies & Fixtures & Misc. Capital Goods.

Some of the similar funds are SBI PSU Regular Growth, HSBC Business Cycles Regular Growth, UTI India Consumer Fund Regular Plan Growth, Aditya Birla Sun Life Special Opportunities Fund Reg Growth, HDFC Non-Cyclical Consumer Fund Regular Growth. HSBC Business Cycles Regular Growth has a sharpe ratio of 1.29 & a standard deviation of 15.55%.