Skip to main content

Instant redemption funds, UPI payments, KYC and more on the MobiKwik App!

Download
Home › Mutual Funds › L&T Finance Mutual Fund › HSBC Business Cycles Direct Growth
Latest NAV & returns of L&T INVESTMENT MANAGEMENT LIMITED

HSBC Business Cycles Direct Growth

Add To Compare

previously known as L&T Business Cycles Dir Gr until

NAV: ₹47.449 (0.578%)
NAV on October 09, 2026
Category Equity:
Equity - Other
Investment StyleBox
Total Assets ₹1,229 cr
Turnover Ratio 26.78%
Expense Ratio 1.12%
Exit Load 1.00%if redeemed within
1 Years0.00%if redeemed after 1 Years
Returns
  • 1M: Negative return: -3.64%
  • 1Y: Positive return: 0.95%
  • 3M: Positive return: 0.56%
  • 3Y: Positive return: 15.81%
  • 6M: Positive return: 9.25%
  • 5Y: Positive return: 14.15%
Min Investment ₹5,000
ADDITIONAL INFO
Fund Manager Gautam Bhupal (Since over 3 years) Mayank Chaturvedi (Since about 1 year)
ISIN INF917K01RI2
Fund Family L&T Finance
P/E Ratio 30.15
P/B Ratio 4.12
Launch Date August 20, 2014
Benchmark Nifty 500 TR INR

Asset Allocation

  • Equity: 96.3%
  • Debt: 3.7%
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty 500 TR INR

Alpha 5.49
Beta 1.19
R-Squared 82.53
Info Ratio 0.67
Tracking Err 9.09
Sortino 0.820
Sharpe 0.508
Std Dev 20.591
Risk -
SECTOR WEIGHTINGS (%)
Financial 33.5%
Industrial 30.42%
Technology 3.15%
Basic Materials 8.37%
Consumer Cyclical 20.15%
Utilities Services 0.0%
Healthcare Services 0.77%
Energy Services 2.77%
Communication Services 0.00%
Consumer Defensive 0.00%
Real Estate 0.87%
INVESTMENT OBJECTIVE

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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Equity Other Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LTD logo
ICICI Prudential Manufacturing Fund Direct Growth —
₹ 39.680 3.09% ₹ 7,175 cr 1.21% -


Other plans of HSBC Business Cycles Fund


Other Equity funds by L&T Finance

Data Partner Morningstar Logo – Data Partner
Visit AMC website to read all scheme related documents L&T Finance Fund