HSBC Business Cycles Fund Direct Growth

Scheme code: INF917K01RI2 NAV value: ₹ 41.4874 NAV date: 19 March, 2026 TER: 1.04%

Fund option: Direct Fund type: Growth

Asset class: Equity Asset category: Sectoral/Thematic

Rolling returns

Summary

Duration	Min (%)	Max (%)	Median (%)	Average return (%)	Category average return (%)
1 year	-33.32	93.79	11.47	15.93	13.63
3 year	-10.61	35.07	15.73	14.86	18.78
5 year	-3.59	33.15	12.25	14.09	15.46
7 year	7.66	19.40	13.52	13.79	13.55
10 year	11.36	17.36	14.68	14.69	14.92

Comparison vs benchmark returns

Index

Metrics

NIFTY 50

Duration	Min (%)	Max (%)	Average return (%)	Fund's return (%)
1 year	-7.02	20.62	5.61	15.93
3 year	6.28	30.95	15.04	14.86
5 year	8.38	26.02	14.22	14.09
7 year	10.18	15.62	12.93	13.79
10 year	11.42	12.93	12.18	14.69
15 year	-5.65	15.88	6.78

NIFTY 100

Duration	Min (%)	Max (%)	Average return (%)	Fund's return (%)
1 year	-8.47	19.78	4.49	15.93
3 year	6.56	19.64	13.57	14.86
5 year	9.22	12.29	10.75	14.09

NIFTY 200

Duration	Min (%)	Max (%)	Average return (%)	Fund's return (%)
1 year	-8.39	20.91	4.75	15.93
3 year	7.68	21.49	15.06	14.86
5 year	10.37	13.5	11.93	14.09

NIFTY 500

Duration	Min (%)	Max (%)	Average return (%)	Fund's return (%)
1 year	-8.47	20.67	4.16	15.93
3 year	8.04	32.03	17.81	14.86
5 year	8.18	28.64	15.34	14.09
7 year	10.64	16.42	13.77	13.79
10 year	12.56	14.06	13.31	14.69

SIP rolling returns

Summary

If you invest ₹1 lakh per month in this fund through SIP, here are the estimated returns over different timeframes.

Duration	Invested amount	Final value	Return	CAGR (%)

Comparison vs benchmark returns

Index	Metrics

SIP return for 1 year

- Total Invested Amount: ₹12,00,000 - Final Portfolio Value: ₹12,79,340 - Absolute Returns: ₹79,340 - CAGR: %

SIP return for 3 year

- Total Invested Amount: ₹36,00,000 - Final Portfolio Value: ₹46,28,990 - Absolute Returns: ₹10,28,990 - CAGR: %

SIP return for 5 year

- Total Invested Amount: ₹60,00,000 - Final Portfolio Value: ₹89,42,264 - Absolute Returns: ₹29,42,264 - CAGR: %

SIP return for 7 year

- Total Invested Amount: ₹84,00,000 - Final Portfolio Value: ₹1,51,79,317 - Absolute Returns: ₹67,79,317 - CAGR: %

SIP return for 10 year

- Total Invested Amount: ₹1,20,00,000 - Final Portfolio Value: ₹3,01,29,339 - Absolute Returns: ₹1,81,29,339 - CAGR: %

Drawdown Metrics

Max Drawdown

-44.66 %

Drawdown Duration

27 months

Recovery Time

11 months

Avg Drawdown

-7.89 %

Calmar Ratio by Duration

1 Y

0.3567

3 Y

0.3327

5 Y

0.3155

7 Y

0.3087

10 Y

0.3289

Benchmark Comparison

vs NIFTY 50

Duration	Alpha	Beta	Upside Capture	Downside Capture	Fund CAGR	Benchmark CAGR
1 year	1.66	1.15	109.3	107.0	5.29 %	4.00 %
3 years	6.54	1.12	110.9	102.5	18.41 %	11.28 %
5 years	6.04	1.02	101.2	93.5	15.53 %	9.44 %
7 years	4.52	0.97	97.0	91.7	15.14 %	10.74 %
10 years	2.66	0.98	97.3	93.8	14.58 %	12.06 %
12 years	2.10	0.98	97.3	93.7	12.01 %	10.00 %
15 years	1.61	0.98	97.3	93.7	9.50 %	7.92 %