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

46.528 (-0.359%)
NAV on May 26, 2026
Category Equity:
Equity - Other
Investment StyleBox
Large Growth
Total Assets 1,149 cr
Turnover Ratio 17.56%
Expense Ratio 1.39%
Exit Load 1.00%if redeemed within
1 Years0.00%if redeemed after 1 Years
Returns
  • 1M: 1.31%
  • 1Y: 0.22%
  • 3M: 2.45%
  • 3Y: 18.82%
  • 6M: -1.10%
  • 5Y: 17.46%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Gautam Bhupal (Since almost 3 years) Mayank Chaturvedi (Since 8 months)
ISIN INF917K01RI2
Fund Family L&T Finance
P/E Ratio 23.28
P/B Ratio 3.33
Launch Date August 20, 2014
Benchmark Nifty 500 TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty 500 TR INR

Alpha 2.85
Beta 1.21
R-Squared 84.49
Info Ratio 0.53
Tracking Err 8.70
Sortino 1.119
Sharpe 0.683
Std Dev 20.464
Risk -
SECTOR WEIGHTINGS (%)
Financial 34.7%
Industrial 28.59%
Technology 1.12%
Basic Materials 10.95%
Consumer Cyclical 17.32%
Utilities Services 0.0%
Healthcare Services 0.63%
Energy Services 5.09%
Communication Services 0.00%
Consumer Defensive 0.00%
Real Estate 1.60%
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
ICICI Prudential Manufacturing Fund Direct Growth —
41.110 12.29% 6,614 cr 0.66% -


Other plans of HSBC Business Cycles Fund


Other Equity funds by L&T Finance

Data Partner
Click here to visit AMC website and
read all scheme related documents L&T Finance Fund