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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

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previously known as L&T Business Cycles Dir Gr until

NAV: ₹45.388 (-1.544%)
NAV on October 30, 2026
Category Equity:
Equity - Other
Investment StyleBox
Total Assets ₹1,179 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: -4.91%
  • 1Y: Negative return: -4.83%
  • 3M: Negative return: -4.16%
  • 3Y: Positive return: 14.78%
  • 6M: Negative return: -2.14%
  • 5Y: Positive return: 13.12%
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 29.92
P/B Ratio 4.20
Launch Date August 20, 2014
Benchmark Nifty 500 TR INR

Asset Allocation

  • Equity: 98.2%
  • Debt: 1.8%
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty 500 TR INR

Alpha 4.03
Beta 1.20
R-Squared 81.30
Info Ratio 0.48
Tracking Err 9.47
Sortino 0.763
Sharpe 0.477
Std Dev 20.753
Risk -
SECTOR WEIGHTINGS (%)
Financial 31.88%
Industrial 31.61%
Technology 3.43%
Basic Materials 7.23%
Consumer Cyclical 21.54%
Utilities Services 0.0%
Healthcare Services 0.82%
Energy Services 2.63%
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.

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