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RedHex Hybrid Long-Short Fund

HSBC Asset Management (India) Private Limited

HSBC Asset Management (India) Private Limited
hybrid_long_short
✓Moderate Low
✓ Active
OverviewPortfolio
ISID

✓ AI Summary

  • •Combines investments across diverse asset classes with structured allocation to fixed-income/debt instruments, equity arbitrage, Real Estate Investment Trusts (REITs), and Infrastructure Investment Trusts (InvITs).
  • •Open-ended interval strategy under HSBC Mutual Fund's RedHex SIF Platform, evaluated against the NIFTY 50 Hybrid Composite Debt 50:50 Index.

AI-generated summary of this strategy's ISID. It may contain errors; check the ISID before investing.

⚠️

Risk Profile

SEBI Risk Band

Low

Mod-Low

Moderate

High

Very High

Band 2
Derivatives use≤25.00%
LiquidityWeekly (Every Monday)

Suitable for investors with

₹0Cr+ surplus3+ year horizon

NAV (Today)

₹10.24

↓ 0.00%

13 Oct

Since Inception

↑ 2.37%

Jun 2026

Period Returns

1 Month+0.16%
3 Months+1.71%
YTD+2.37%

Fund House

HSBC Asset Management (India) Private Limited

Category

Hybrid long-short

Benchmark

NIFTY 50 Hybrid Composite Debt 50:50 Index

Plan Shown

Direct Growth

Core Idea

Hybrid Long Short

Investment approach

Expense Ratio

1.85%

Regular plan TER

Risk Label

Moderate Low

Band 2

ISIN (Payout)

INF336L30049

Minimum Investment

₹10,00,000

🔒

ISID key facts

Full name

RedHex Hybrid Long-Short Fund

AMC

HSBC Asset Management (India) Private Limited

Fund category

SIF — hybrid

Benchmark

NIFTY 50 Hybrid Composite Debt 50:50 Index

Scheme opens

25 Jun 2026

Min investment

₹ 10,00,000

Exit load

2.000% if redeemed within 365 days

Assets Under Management

₹ 1,073 Cr

Equity allocation

65–100% in listed equities

Tax: Depends on the strategy's asset mix. Equity-oriented strategies (at least 65% in listed Indian equity): gains taxed at 20% if units are held up to 12 months, 12.5% if held longer. Strategies with more than 65% in debt: gains taxed at your income-tax slab rate, whatever the holding period. Other mixes follow different rules. See this strategy's ISID and consult a tax adviser.

Fund Managers

Mr. Venugopal Manghat

Fund Manager – Equity (CIO – Equity)
32+years of experience

Background

  • •MBA Finance, B.Sc (Mathematics).
  • •Currently CIO-Equity at HSBC AMC (since Nov 2022).
  • •Previously Head of Equity Investments and Co-Head Equities at L&T Investment Management (2012–2022), and earlier held senior equity roles at Tata Asset Management.

Mr. Shriram Ramanathan

Fund Manager – Fixed Income, REITs and InvITs (CIO)
25+years of experience

Background

  • •B.E (Electrical), PGDBM – XLRI, CFA.
  • •Currently CIO Fixed Income at HSBC AMC (since Nov 2022).
  • •Prior roles include Head of Fixed Income at L&T Investment Management, Portfolio Manager roles at FIL and ING Investment Management, and dealing/treasury roles at Zurich India AMC and ICICI Ltd.

Disclaimer: Sifwise is an information platform. It does not sell funds, earn commissions or give investment advice. Investments in Specialized Investment Funds (SIFs) are subject to market risks. Read all strategy-related documents carefully, including each strategy's Investment Strategy Information Document (ISID), before investing, and consult a SEBI-registered investment adviser if you need advice. Past performance may or may not be sustained in future. The minimum investment in a SIF is ₹10 lakh per investor (PAN) across all investment strategies of that SIF, except for accredited investors. NAV and AUM data are sourced from AMFI and AMC public disclosures. Fund names and logos belong to their respective AMCs and are used for identification only; Sifwise is not affiliated with any AMC.

High risk tolerance
Derivatives awareness

Alternative Plans & Options

Compare 2 alternative variants available for this fund

Plan & OptionNAVISIN (Payout)ISIN (Reinvest)TER RegularTER DirectMin Investment
Direct + IDCWSIF-130
₹10.24
↓ 0.00%
INF336L30064INF336L30056———
Regular + GrowthSIF-128
₹10.22
↓ 0.01%
INF336L30015—1.85%—₹10,00,000
Direct Plan: Lower costs, suited for DIY investors
Regular Plan: Distributed via intermediaries, higher TER
Growth: Capital appreciation; IDCW: Income distribution

Mr. Praveen Ayathan

Fund Manager – Arbitrage (SVP & Head Dealing Equities)
33+years of experience

Background

  • •B.Sc Mathematics.
  • •Currently SVP & Head Dealing Equities at HSBC AMC (since Nov 2022).
  • •Previously Chief Dealer – Equities at L&T Investment Management and Kotak Mahindra AMC, and Institutional Head Equity at Dalal and Broacha Stock Broking.

Mr. Mayank Chaturvedi

Fund Manager – Foreign Securities (Vice President)
5+years of experience

Background

  • •Chartered Accountant (ICAI), CFA Level 2, B.Com (Ahmedabad University).
  • •Vice President - Equity at HSBC AMC since September 2023.
  • •Previously Equity Research Analyst at Equirus Securities (Dec 2019–Aug 2023).