Hsbc Business Cycles Fund
Monthly portfolio · 21 months through Aug-2026
compared to Jul-2026
Holdings
70
Scheme AUM
₹1,229 cr
New
2
Exited
4
Increased
0
Reduced
2
| Change | Security | Industry / Rating | Quantity | Δ Qty | % to NAV | Δ % | Market value |
|---|---|---|---|---|---|---|---|
| — | ICICI Bank Limited INE090A01021 | Banks | 4,75,000 | — | 5.62% | -0.15pp | ₹69.07 cr |
| — | Mtar Technologies Limited INE864I01014 | Electrical Equipment | 58,900 | — | 3.37% | +0.52pp | ₹41.49 cr |
| — | HDFC Bank Limited INE040A01034 | Banks | 4,93,600 | — | 2.85% | -0.27pp | ₹35 cr |
| — | InterGlobe Aviation Limited INE646L01027 | Transport Services | 65,000 | — | 2.77% | -0.07pp | ₹34.02 cr |
| — | Reliance Industries Limited INE002A01018 | Petroleum Products | 2,56,700 | — | 2.67% | -0.17pp | ₹32.78 cr |
| — | Hindustan Aeronautics Limited INE066F01020 | Aerospace & Defense | 63,800 | — | 2.49% | -0.02pp | ₹30.63 cr |
| — | Bharat Electronics Limited INE263A01024 | Aerospace & Defense | 6,74,300 | — | 2.27% | +0.06pp | ₹27.95 cr |
| — | RBL Bank Limited INE976G01028 | Banks | 7,10,100 | — | 2.20% | -0.06pp | ₹27.01 cr |
| — | Larsen & Toubro Limited INE018A01030 | Construction | 66,500 | — | 2.19% | -0.03pp | ₹26.9 cr |
| — | GE Vernova T&D India Limited INE200A01026 | Electrical Equipment | 59,000 | — | 2.13% | -0.03pp | ₹26.23 cr |
| — | ICICI Prudential AMC Ltd INE346A01027 | Capital Markets | 85,100 | — | 2.12% | -0.12pp | ₹26.08 cr |
| — | State Bank of India INE062A01020 | Banks | 2,28,800 | — | 1.97% | -0.02pp | ₹24.25 cr |
| — | Kotak Mahindra Bank Limited INE237A01036 | Banks | 5,51,500 | — | 1.88% | +0.06pp | ₹23.13 cr |
| — | UltraTech Cement Limited INE481G01011 | Cement & Cement Products | 19,600 | — | 1.83% | -0.14pp | ₹22.44 cr |
| — | Multi Commodity Exchange of India Ltd. INE745G01043 | Capital Markets | 66,000 | — | 1.83% | +0.33pp | ₹22.44 cr |
| — | PNB Housing Finance Limited INE572E01012 | Finance | 1,94,600 | — | 1.82% | +0.09pp | ₹22.35 cr |
| — | PB Fintech Limited INE417T01026 | Financial Technology (Fintech) | 1,19,150 | — | 1.82% | +0.21pp | ₹22.34 cr |
| — | APL Apollo Tubes Limited INE702C01027 | Industrial Products | 1,00,000 | — | 1.81% | +0.27pp | ₹22.23 cr |
| — | TVS Motor Company Limited INE494B01023 | Automobiles | 50,000 | — | 1.77% | -0.05pp | ₹21.71 cr |
| — | Eternal Limited INE758T01015 | Retailing | 6,42,600 | — | 1.72% | +0.08pp | ₹21.08 cr |
| — | Motilal Oswal Financial Services INE338I01027 | Capital Markets | 2,00,000 | — | 1.70% | +0.26pp | ₹20.86 cr |
| — | PARADEEP PHOSPHATES LIMITED INE088F01024 | Fertilizers & Agrochemicals | 13,00,964 | — | 1.69% | +0.07pp | ₹20.82 cr |
| Reduced | ELECTRONICS MART INDIA LIMITED INE02YR01019 | Retailing | 10,51,700 | -4,00,000 | 1.55% | -0.05pp | ₹18.99 cr |
| — | Jyoti Cnc Automation Ltd INE980O01024 | Industrial Manufacturing | 1,85,200 | — | 1.50% | +0.23pp | ₹18.43 cr |
| — | SWIGGY LIMITED INE00H001014 | Retailing | 6,37,500 | — | 1.46% | -0.08pp | ₹17.97 cr |
| — | R R Kabel Limited INE777K01022 | Industrial Products | 60,000 | — | 1.43% | +0.11pp | ₹17.57 cr |
| — | ABB India Limited INE117A01022 | Electrical Equipment | 22,600 | — | 1.40% | +0.01pp | ₹17.26 cr |
| — | Piramal Finance Ltd INE202B01038 | Finance | 75,000 | — | 1.40% | +0.10pp | ₹17.25 cr |
| — | AHLUWALIA CONTRACTS (INDIA) LTD INE758C01029 | Construction | 2,74,908 | — | 1.38% | -0.53pp | ₹17.02 cr |
| — | Prudent Corporate Advisory Services Ltd INE00F201020 | Capital Markets | 45,000 | — | 1.35% | +0.10pp | ₹16.53 cr |
| — | Canara Robeco Mutual Fund INE218I01013 | Capital Markets | 6,32,850 | — | 1.33% | -0.07pp | ₹16.41 cr |
| — | Time Technoplast Limited INE508G01029 | Industrial Products | 8,24,000 | — | 1.25% | -0.20pp | ₹15.42 cr |
| — | Amber Enterprises India Limited INE371P01015 | Consumer Durables | 20,000 | — | 1.24% | -0.02pp | ₹15.24 cr |
| — | Gujarat Fluorochemicals Limited INE09N301011 | Chemicals & Petrochemicals | 31,600 | — | 1.21% | +0.04pp | ₹14.83 cr |
| — | Titan Company Limited INE280A01028 | Consumer Durables | 29,000 | — | 1.20% | — | ₹14.8 cr |
| — | INDO COUNT INDUSTRIES LIMITED INE483B01026 | Textiles & Apparels | 3,13,250 | — | 1.20% | +0.14pp | ₹14.71 cr |
| — | FSN E-Commerce Ventures Limited INE388Y01029 | Retailing | 4,20,000 | — | 1.19% | +0.01pp | ₹14.68 cr |
| — | Nippon Life India Asset Management Ltd INE298J01013 | Capital Markets | 1,20,000 | — | 1.14% | -0.04pp | ₹14.07 cr |
| — | Gokaldas Exports Limited INE887G01027 | Textiles & Apparels | 1,76,500 | — | 1.12% | -0.10pp | ₹13.78 cr |
| — | Maruti Suzuki India Limited INE585B01010 | Automobiles | 10,000 | — | 1.10% | -0.10pp | ₹13.55 cr |
| — | POWER MECH PROJECTS LIMITED INE211R01019 | Construction | 53,138 | — | 1.09% | -0.06pp | ₹13.4 cr |
| — | Sterlite Technologies Limited INE089C01029 | Telecom - Equipment & Accessories | 1,83,396 | — | 1.09% | +0.23pp | ₹13.36 cr |
| — | Pine Labs Limited INE15B701018 | Financial Technology (Fintech) | 8,14,335 | — | 1.09% | +0.13pp | ₹13.36 cr |
| — | TITAGARH RAIL SYSTEMS LIMITED INE615H01020 | Industrial Manufacturing | 1,60,800 | — | 1.07% | -0.05pp | ₹13.16 cr |
| — | MOLD-TEK PAKAGING LIMITED INE893J01029 | Industrial Products | 1,82,700 | — | 1.05% | +0.01pp | ₹12.96 cr |
| — | BLUE STAR LTD INE472A01039 | Consumer Durables | 87,600 | — | 1.04% | -0.21pp | ₹12.82 cr |
| — | INDIAN HUME PIPE COMPANY LIMITED INE323C01030 | Construction | 3,33,227 | — | 1.03% | -0.07pp | ₹12.69 cr |
| — | Shadowfax Technologies Limited INE12UN01015 | Transport Services | 4,83,840 | — | 1.02% | +0.03pp | ₹12.51 cr |
| Reduced | Hindalco Industries Limited INE038A01020 | Non - Ferrous Metals | 1,19,600 | -50,000 | 0.99% | -0.41pp | ₹12.14 cr |
| — | Tata Motors Limited INE1TAE01010 | Agricultural, Commercial & Construction Vehicles | 2,50,000 | — | 0.96% | +0.04pp | ₹11.78 cr |
| — | Billionbrains Garage Ventures Ltd. INE0HOQ01053 | Capital Markets | 6,08,110 | — | 0.95% | -0.05pp | ₹11.68 cr |
| — | Home First Finance Company India Limited INE481N01025 | Finance | 99,300 | — | 0.94% | -0.06pp | ₹11.57 cr |
| — | Wakefit Innovations Limited INE0E7301029 | Consumer Durables | 7,35,832 | — | 0.88% | +0.10pp | ₹10.8 cr |
| — | Sobha Limited INE671H01015 | Realty | 82,200 | — | 0.84% | -0.11pp | ₹10.32 cr |
| — | Cholamandalam Invest & Finance Co Ltd INE121A01024 | Finance | 53,000 | — | 0.80% | -0.03pp | ₹9.84 cr |
| — | Lenskart Solutions Limited INE956O01016 | Retailing | 1,38,300 | — | 0.75% | +0.09pp | ₹9.16 cr |
| — | Devyani International Limited INE872J01023 | Leisure Services | 6,49,300 | — | 0.73% | +0.10pp | ₹9.01 cr |
| — | Kajaria Ceramics Limited INE217B01036 | Consumer Durables | 67,352 | — | 0.68% | — | ₹8.38 cr |
| — | Diamond Power Infrastructure Limited INE989C01038 | Electrical Equipment | 2,25,900 | — | 0.64% | +0.02pp | ₹7.85 cr |
| New | Dhoot Transmission Limited INE01NH01023 | Auto Components | 50,000 | — | 0.60% | — | ₹7.37 cr |
| — | OPTIEMUS INFRACOM LIMITED INE350C01017 | Telecom - Equipment & Accessories | 1,16,707 | — | 0.55% | -0.08pp | ₹6.7 cr |
| — | Pitti Engineering Limited INE450D01021 | Industrial Manufacturing | 59,300 | — | 0.53% | +0.07pp | ₹6.56 cr |
| — | HDFC Asset Management Company Limited INE127D01025 | Capital Markets | 25,000 | — | 0.53% | -0.02pp | ₹6.56 cr |
| — | JSW Steel Limited INE019A01038 | Ferrous Metals | 50,000 | — | 0.53% | -0.01pp | ₹6.54 cr |
| — | Amara Raja Batteries Ltd INE885A01032 | Auto Components | 60,100 | — | 0.44% | -0.02pp | ₹5.36 cr |
| — | Ganesha Ecosphere Ltd. INE845D01014 | Textiles & Apparels | 44,900 | — | 0.37% | -0.08pp | ₹4.59 cr |
| — | Bharat Bijlee Ltd. INE464A01036 | Electrical Equipment | 17,800 | — | 0.34% | -0.04pp | ₹4.21 cr |
| — | PG Electroplast Limited INE457L01029 | Consumer Durables | 67,400 | — | 0.32% | -0.03pp | ₹3.92 cr |
| — | Awfis Space Solutions Limited INE108V01019 | Commercial Services & Supplies | 1,50,000 | — | 0.32% | -0.03pp | ₹3.88 cr |
| New | APAR INDUSTRIES LTD INE372A01015 | Electrical Equipment | 941 | — | 0.14% | — | ₹1.67 cr |
| Exited | Epigral Limited INE071N01016 | Chemicals & Petrochemicals | — | -76,350 | — | -0.70pp | — |
| Exited | KEC International Limited INE389H01022 | Construction | — | -1,59,500 | — | -0.63pp | — |
| Exited | PNC INFRATECH LIMITED INE195J01029 | Construction | — | -1,95,910 | — | -0.41pp | — |
| Exited | Bansal Wire Industries Limited INE0B9K01025 | Industrial Products | — | -1,21,017 | — | -0.32pp | — |
Cash & other
| Treps | 3.94% | ₹48.46 cr |
| Net Current Assets (including cash & bank balances) | -0.22% | ₹-2.66 cr |