﻿<?xml version="1.0" encoding="utf-8"?><SchemeSummaryDocument xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><SchemeSummary><Fund_Name>HDFC Business Cycle Fund</Fund_Name><Option_Names_Regular__Direct>Plans:Regular and Direct. Each Plan offers the following sub-options: a)Growth Option. b)Income Distribution cum Capital Withdrawal (IDCW) Option. This Option offers following Sub-Options / facilities: • Payout of Income Distribution cum Capital Withdrawal (IDCW) Option / facility and • Re-investment of Income Distribution cum Capital Withdrawal (IDCW) Option / facility.</Option_Names_Regular__Direct><Fund_Type>An open ended equity scheme following business cycle based investing theme</Fund_Type><Riskometer_At_the_time_of_Launch>Very High Risk</Riskometer_At_the_time_of_Launch><Riskometer_as_on_Date>Very High Risk</Riskometer_as_on_Date><Category_as_Per_SEBI_Categorization_Circular>Thematic Fund</Category_as_Per_SEBI_Categorization_Circular><Potential_Risk_Class_as_on_date>Not Applicable</Potential_Risk_Class_as_on_date><Description_Objective_of_the_scheme>To provide long-term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles.There is no assurance that the investment objective of the Scheme will be achieved.</Description_Objective_of_the_scheme><Stated_Asset_Allocation>Equity and equity related instruments of Business cycle based theme companies :  80%- 100% Equity and equity related instruments of companies other than above: 0% - 20% Units issued by InvITs: 0% - 10% Debt Securities, money market instruments and Fixed Income Derivatives: 0% - 20% Units of Mutual Fund: 0% - 20% For detailed asset allocation, refer Scheme Information Document (SID) available on the website.</Stated_Asset_Allocation><Face_Value>Rs. 10</Face_Value><NFO_Open_Date>November 11, 2022</NFO_Open_Date><NFO_Close_date>November 25, 2022</NFO_Close_date><Allotment_Date>November 30, 2022</Allotment_Date><Reopen_Date>December 05, 2022</Reopen_Date><Maturity_Date_For_closedend_funds>Not Applicable</Maturity_Date_For_closedend_funds><Benchmark_Tier_1>Nifty 500 TRI (Total Returns Index)</Benchmark_Tier_1><Benchmark_Tier_2>Not applicable</Benchmark_Tier_2><Fund_Manager_Name>FM 1 - Mr.Rahul Baijal, FM 2 - Mr.Dhruv Muchhal</Fund_Manager_Name><Fund_Manager_Type_PrimaryComanageDescription>FM 1 - Fund Manager of the scheme, FM 2 - Dedicated Fund Manager for Overseas Investments</Fund_Manager_Type_PrimaryComanageDescription><Fund_Manager_From_Date>FM 1 - Managing since November 30, 2022 , FM 2 - Managing since June 22, 2023</Fund_Manager_From_Date><Annual_Expense_Stated_maximum>Regular 1.98, Direct 0.97</Annual_Expense_Stated_maximum><Exit_Load_if_applicable>In respect of each purchase/switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed/switched-out within 1 year from the date of allotment. No Exit Load is payable if Units are redeemed/ switched-out after 1 year from the date of allotment. In respect of Systematic Transactions such as SIP, Flex SIP, STP, Flex STP, Swing STP, Exit Load, if any, prevailing on the date of registration / enrolment shall be levied.</Exit_Load_if_applicable><Custodian>The Hongkong and Shanghai Banking Corporation Limited</Custodian><Auditor>S.R. Batliboi &amp;amp; Co. LLP – Chartered Accountants</Auditor><Registrar>Computer Age Management Services Limited</Registrar><RTA_Code_To_be_phased_out>HDFCBUSICY</RTA_Code_To_be_phased_out><Listing_Details>Not Applicable</Listing_Details><ISINs>HDFC Business Cycle Fund - Regular Plan - Growth Option -INF179KC1EB5 HDFC Business Cycle Fund - Regular Plan - IDCW Payout Option - INF179KC1EC3 HDFC Business Cycle Fund  - Regular Plan -IDCW Re-investment Option - INF179KC1ED1 HDFC Business Cycle Fund - Direct Plan - Growth Option - INF179KC1DY9 HDFC Business Cycle Fund- Direct Plan - IDCW Payout Option - INF179KC1DZ6 HDFC Business Cycle Fund - Direct Plan - IDCW Re-investment Option - INF179KC1EA7</ISINs><AMFI_Codes_To_be_phased_out>150806- HDFC Business Cycle Fund - IDCW Option 150803- HDFC Business Cycle Fund - Growth Option 150804- HDFC Business Cycle Fund - IDCW Option - Direct Plan 150805- HDFC Business Cycle Fund - Growth Option - Direct Plan</AMFI_Codes_To_be_phased_out><SEBI_Codes>HDFC/O/O/THE/22/09/0102</SEBI_Codes><Minimum_Application_Amount>Rs.100</Minimum_Application_Amount><Minimum_Application_Amount_in_multiples_of_Rs>Any amount</Minimum_Application_Amount_in_multiples_of_Rs><Minimum_Additional_Amount>Rs.100</Minimum_Additional_Amount><Minimum_Additional_Amount_in_multiples_of_Rs>Any amount</Minimum_Additional_Amount_in_multiples_of_Rs><Minimum_Redemption_Amount_in_Rs>Rs.100 and and multiples of Rs.1 thereafter</Minimum_Redemption_Amount_in_Rs><Minimum_Redemption_Amount_in_Units>No minimum redemption criterion for Unit based redemption</Minimum_Redemption_Amount_in_Units><Minimum_Balance_Amount_if_applicable>There is no minimum balance amount in units requirement.</Minimum_Balance_Amount_if_applicable><Minimum_Balance_Amount_in_Units_if_applicable>There is no minimum balance amount in units requirement.</Minimum_Balance_Amount_in_Units_if_applicable><Max_Investment_Amount>Not Applicable</Max_Investment_Amount><Minimum_Switch_Amount_if_applicable>Switch - in: Rs.100 and any amount thereafter. Additional Amount:. Rs. 100 Switch-out :Rs. 100 and multiples of Rs. 1/- thereafter</Minimum_Switch_Amount_if_applicable><Minimum_Switch_Units>Not applicable</Minimum_Switch_Units><Switch_Multiple_Amount_if_applicable>Any amount</Switch_Multiple_Amount_if_applicable><Switch_Multiple_Units_if_applicable>N.A</Switch_Multiple_Units_if_applicable><Max_Switch_Amount>Switch in: Not Applicable Switch out: Not applicable.</Max_Switch_Amount><Max_Switch_Units_if_applicable>Switch in: Not Applicable Switch out: Not applicable.</Max_Switch_Units_if_applicable><Swing_Pricing_if_applicable>Not applicable</Swing_Pricing_if_applicable><Sidepocketing_if_applicable>Applicable</Sidepocketing_if_applicable><SIP_SWP__STP_Details_Frequency>For Systematic Investmet Plan (SIP) Daily, Weekly, Monthly, Quarterly, Half Yearly and Yearly  For  Systematic Withdrawal Advantage Plan (SWAP) Fixed SWAP - Monthly, Quarterly, Half Yearly, Yearly Variable SWAP - Quarterly, Half Yearly, Yearly   For Sytematic Transfer Plan (STP) Fixed Systematic Transfer Plan (FSTP) - Daily, Weekly, Monthly, Quarterly  Capital Appreciation Systematic Transfer Plan (CASTP) - Monthly, Quarterly</SIP_SWP__STP_Details_Frequency><SIP_SWP__STP_Details_Minimum_amount>For SIP  DSIP, WSIP, MSIP - Rs. 100; QSIP - Rs. 1500;  HSIP - Rs. 2500;  YSIP - Rs. 5000.  For SWAP Fixed SWAP -  Rs. 100;  Variable SWAP -  Rs. 300.  For STP Fixed STP (FSTP) Daily FSTP - Rs. 500; Weekly FSTP - Rs. 500; Monthly FSTP - Rs. 1000; Quarterly FSTP -Rs. 3000.  Capital Appreciation STP (CASTP) Monthly CASTP - Rs. 300; Quarterly CASTP - Rs 1000.</SIP_SWP__STP_Details_Minimum_amount><SIP_SWP__STP_Details_In_multiple_of>For SIP and SWAP Re. 1/- thereafter;   For STP FSTP Daily, Monthly, Quarterly FSTP - Rs. 100 thereafter Weekly FSTP - any amount thereafter  CASTP Mulitples will be  based on the appreciated amount</SIP_SWP__STP_Details_In_multiple_of><SIP_SWP__STP_Details_Minimum_Instalments>SIP:  Minimum number of installments under DSIP- 2  Minimum number of Installments under WSIP and MSIP : - In respect of each SIP Installment between Rs.300 to Rs.499 in value - 20 - In respect of each SIP Installment between Rs.500 to Rs.999 in value - 12. In respect of each SIP Installment equal to or greater than Rs 1,000 in value - 6  Minimum number of installments under QSIP : - In respect of each SIP Installment between Rs.1,500 to Rs.2,999 in value- 4; In respect of each SIP Installment equal to or greater than Rs. 3,000 in value- 2  Minimum number of installments under HYSIP: - In respect of each SIP Installment equal to or greater than Rs. 2,500 in value- 2  Minimum number of installments under YSIP: - In respect of each SIP Installment equal to or greater than Rs. 5,000 in value- 1  SWP:  For Fixed and Variable SWP- 2  STP:  Under Daily FSTP: -where installment amount is less than Rs. 1,000 : 12 - where installment amount is equal to or greater than Rs. 1,000: 6 Under Weekly STP : - Where installment amount is less than Rs. 1,000: 12 installments - Where installment amount is equal to or greater than Rs. 1,000: 6 installments  However, for weekly STP in equity linked savings schemes, there should be a minimum of 6 installments for enrollment. Under Monthly FSTP &amp;amp; Monthly CASTP : - Minimum 6 installments, Under Quarterly FSTP &amp;amp; Quarterly CASTP : - Minimum 2 installments. Further, the minimum balance in the Unit holders account or the minimum amount of application at the time of enrolment for STP in the Transferor Scheme should be Rs. 12,000. There will be no maximum duration for STP enrolment.</SIP_SWP__STP_Details_Minimum_Instalments><SIP_SWP__STP_Details_Dates>SIP: For Daily SIP- All Business Days For Weekly SIP- Any business day between Monday to Friday, (Default date is Wednesday) For all other frequnecies - Any date fo the month. If it happens to be a non-Business Day, SIP will be processed on the next Business Day (Default date = 10th of the month) SWP: For Fixed and Variable SWP- Any date. Default Date: 25th STP For Daily FSTP- All Business days For Weekly FSTP-Monday,Tuesday,Wednesday,Thursday,Friday (Default Day) For Monthly FSTP and CASTP - 1,5,10#,15,20,25  For Quarterly FSTP and CASTP - 1,5,10#,15,20,25  #Default Date</SIP_SWP__STP_Details_Dates><SIP_SWP__STP_Details_Maximum_Amount_if_any>Not Applicable</SIP_SWP__STP_Details_Maximum_Amount_if_any></SchemeSummary></SchemeSummaryDocument>