How to Invest in HSBC RedHex Hybrid Long Short Fund Direct Growth?

You can easily invest in HSBC RedHex Hybrid Long Short Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for HSBC RedHex Hybrid Long Short Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in HSBC RedHex Hybrid Long Short Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HSBC RedHex Hybrid Long Short Fund Direct Growth provide?

The HSBC RedHex Hybrid Long Short Fund Direct Growth has been there from 19 Jun 2026 and the average annual returns provided by this fund is 2.56% since its inception.

How much expense ratio is charged by HSBC RedHex Hybrid Long Short Fund Direct Growth?

The term Expense Ratio used for HSBC RedHex Hybrid Long Short Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of HSBC RedHex Hybrid Long Short Fund Direct Growth is 1.14% as of 22 Oct 2026...

What is the AUM of HSBC RedHex Hybrid Long Short Fund Direct Growth?

The AUM, short for Assets Under Management of HSBC RedHex Hybrid Long Short Fund Direct Growth is ₹1,504.00Cr as of 22 Oct 2026.

How to Redeem HSBC RedHex Hybrid Long Short Fund Direct Growth?

If you want to sell your HSBC RedHex Hybrid Long Short Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of HSBC RedHex Hybrid Long Short Fund Direct Growth?

You can select either SIP or Lumpsum investment of HSBC RedHex Hybrid Long Short Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of HSBC RedHex Hybrid Long Short Fund Direct Growth?

The NAV of HSBC RedHex Hybrid Long Short Fund Direct Growth is ₹10.24 as of 21 Oct 2026.

What is the PE and PB ratio of HSBC RedHex Hybrid Long Short Fund Direct Growth?

The PE ratio ratio of HSBC RedHex Hybrid Long Short Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

HSBC RedHex Hybrid Long Short Fund Direct Growth

Name: HSBC RedHex Hybrid Long Short Fund Direct Growth
Brand: HSBC Mutual Fund

Hybrid

Long-Short

Low Risk

All

NAV: 21 Oct '26

₹10.24

Min. for SIP

₹1,000

Fund size (AUM)

₹1,504.00 Cr

Expense ratio

1.14%

Rating

Min. 1st investment

₹10,00,000

Min. 2nd investment onwards

₹1,000

About SIFs

Specialised Investment Funds (SIFs) are a SEBI-regulated category of mutual funds. They offer fund managers greater flexibility than traditional mutual funds, including the ability to run more concentrated and strategy-driven portfolios across equity, debt, or hybrid strategies. Know more

Purchase rules

Investment amount should be ₹10 lakh per investor across all SIF schemes of an AMC

Redemption rules

Redemption terms depend on the specific SIF strategy and may include restricted redemption for certain intervals

Holdings (90)

Name	Sector	Instruments	Assets
HSBC Money Market Fund Direct-Growth	Unspecified	Mutual Fund	5.99%
GMR AIRPORTS LIMITED 5 BD 13FB27 FVRS1LAC	Industrials	Bonds	4.70%
Cube Highways Trust	Industrials	Infrastructure Investment Trust	4.65%
Incred Financial Services Ltd**	Financial	Non Convertible Debenture	3.92%
Repo	Unspecified	Repo	3.92%
IRB InvIT Fund EQ	Industrials	Infrastructure Investment Trust	3.71%
Mindspace Business Parks Ltd.	Real Estate	Real Estate Investment Trusts	3.71%
Knowledge Realty Trust	Real Estate	Real Estate Investment Trusts	3.60%
TRIUMPH COMPOSITES PRIVATE LIMITED 10.50 NCD 27AP31 FVRS1LAC	Materials	Non Convertible Debenture	3.36%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC	Financial	Bonds	3.32%
Liquid Gold Series 24**	Financial	Securitised Debt	3.29%
ICICI Bank Ltd	Financial	Equity	3.01%
INDIGO 045 SERIES A PTC 08OCT25	Materials	Securitised Debt	2.88%
KRAZYBEE SERVICES LIMITED 10.33 NCD 24DC27 FVRS1LAC	Financial	Non Convertible Debenture	2.66%
Embassy Office Parks REIT	Real Estate	Real Estate Investment Trusts	2.64%
ARIEL TRUST 2026 SERIES A1 PTC 29JUN26	Unspecified	Securitised Debt	2.54%
OXYZO FINANCIAL SERVICES LIMITED 9.85 NCD 24JU29 FVRS1LAC	Financial	Fixed Deposits	2.37%
LIC HOUSING FINANCE LTD.**	Financial	Non Convertible Debenture	2.36%
Oxyzo Financial Services Pvt Limited**	Financial	Fixed Deposits	2.33%
Capital Infra Trust	Industrials	Infrastructure Investment Trust	2.30%
Indus Towers Ltd	Technology	Equity	1.79%
Bagmane Prime Office REIT	Real Estate	Real Estate Investment Trusts	1.77%
Raajmarg Infra Investment Trust	Industrials	Infrastructure Investment Trust	1.77%
Canara Bank	Financial	Equity	1.75%
REC LIMITED SR 234-B 7.58 BD 31MY29 FVRS1LAC	Financial	Debenture	1.70%
National Highways Infra Trust	Industrials	Infrastructure Investment Trust	1.70%
REC LIMITED SR 253 7.38 BD 28FB29 FVRS1LAC	Financial	Bonds	1.69%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VIII 7.49 BD 11JU29 FVRS1LAC	Financial	Bonds	1.68%
MUTHOOT HOUSING FINANCE COMPANY LIMITED 10.15 NCD 17FB28 FVRS1LAC	Financial	Fixed Deposits	1.66%
MUTHOOT HOUSING FINANCE COMPANY LIMITED 10.15 NCD 29DC27 FVRS1LAC	Financial	Fixed Deposits	1.65%
Reliance Industries Ltd	Energy & Utilities	Equity	1.51%
HDFC Bank Ltd	Financial	Equity	1.49%
Steel Authority Of India Ltd	Materials	Equity	1.32%
Godrej Properties Ltd	Real Estate	Equity	1.21%
TVS Motor Company Ltd	Consumer Discretionary	Equity	1.08%
State Bank of India	Financial	Equity	0.85%
Adani Power Ltd	Energy & Utilities	Equity	0.77%
Bharti Airtel Ltd	Technology	Equity	0.77%
GOVERNMENT OF INDIA 32829 GOI 10AP28 7.06 FV RS 100	Entities	GOI Securities	0.69%
Adani Transmission Ltd	Energy & Utilities	Equity	0.67%
Hindustan Zinc Ltd	Materials	Equity	0.55%
Indian Energy Exchange Ltd	Financial	Equity	0.54%
Bajaj Finance Ltd	Financial	Equity	0.48%
Hindustan Petroleum Corporation Ltd	Energy & Utilities	Equity	0.44%
One 97 Communications Ltd	Industrials	Equity	0.40%
Mahindra & Mahindra Ltd	Consumer Discretionary	Equity	0.36%
Kalyan Jewellers India Ltd	Consumer Discretionary	Equity	0.34%
Varun Beverages Ltd	Consumer Staples	Equity	0.33%
Container Corporation Of India Ltd	Industrials	Equity	0.31%
Dabur India Ltd	Consumer Staples	Equity	0.28%
Crompton Greaves Consumer Electricals Ltd	Consumer Discretionary	Equity	0.26%
PB Fintech Ltd	Financial	Equity	0.25%
Bank of India	Financial	Equity	0.25%
Manappuram Finance Ltd	Financial	Equity	0.25%
Jio Financial Services Limited	Financial	Equity	0.24%
Bajaj Finserv Ltd	Financial	Equity	0.24%
Bandhan Bank Ltd	Financial	Equity	0.24%
Tata Steel Ltd	Materials	Equity	0.24%
Indusind Bank Ltd	Financial	Equity	0.20%
Punjab National Bank	Financial	Equity	0.18%
Ambuja Cements Ltd	Materials	Equity	0.13%
Eicher Motors Ltd	Consumer Discretionary	Equity	0.12%
Sun Pharmaceutical Industries Ltd	Healthcare	Equity	0.11%
Aurobindo Pharma Ltd	Healthcare	Equity	0.11%
HDFC Asset Management Company Ltd	Financial	Equity	0.10%
Adani Ports and Special Economic Zone Ltd	Industrials	Equity	0.08%
JSW Steel Ltd	Materials	Equity	0.08%
Bharat Electronics Ltd	Industrials	Equity	0.06%
The Indian Hotels Company Ltd	Consumer Discretionary	Equity	0.05%
Ashok Leyland Ltd	Industrials	Equity	0.05%
Godrej Consumer Products Ltd	Consumer Staples	Equity	0.04%
The Federal Bank Ltd	Financial	Equity	0.04%
Kotak Mahindra Bank Ltd	Financial	Equity	0.04%
Maruti Suzuki India Ltd	Consumer Discretionary	Equity	0.04%
Axis Bank Ltd	Financial	Equity	0.04%
Vishal Mega Mart Ltd.	Consumer Staples	Equity	0.03%
ITC Ltd	Consumer Staples	Equity	0.03%
NTPC Ltd	Energy & Utilities	Equity	0.03%
Vodafone Idea Ltd	Technology	Equity	0.02%
UNO Minda Ltd	Consumer Discretionary	Equity	0.02%
FSN E-Commerce Ventures Ltd	Consumer Discretionary	Equity	0.01%
Coal India Ltd	Materials	Equity	0.01%
Bharat Heavy Electricals Ltd	Industrials	Equity	0.01%
Marico Ltd	Consumer Staples	Equity	0.01%
Apollo Hospitals Enterprise Ltd	Healthcare	Equity	0.01%
Vedanta Ltd	Materials	Equity	0.01%
National Aluminium Company Ltd	Materials	Equity	0.00%
SBI Life Insurance Company Ltd	Financial	Equity	0.00%
Tube Investments Of India Ltd	Consumer Discretionary	Equity	0.00%
Net Payables	Unspecified	Net Payables	-2.44%

See All

Minimum investments

Min. for 1st investment

₹10,00,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹1,000

Returns and rankings

Annualised returns

Absolute returns

Name	3M	3M	6M	All
Fund returns	+1.6%	+1.6%	--	+2.4%
Category average (Hybrid Long-Short)	--	--	--	--
Rank (Hybrid Long-Short)	4	4	--	--

Exit load, stamp duty and tax

Exit load

Exit load of 2%, if redeemed within 1 Year.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, returns are taxed at 12.5%.

Fund management

VM
Venugopal Manghat
Jun 2026 - Present
View details

Education

Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).

Experience

Prior to joining HSBC Mutual Fund, he has worked with L&T Mutual Fund, Tata Asset Management Ltd.

Also manages these schemes

HSBC Multi Cap Fund Direct Growth

RedHex Hybrid Long Short Fund Direct Growth

HSBC Infrastructure Fund Direct Growth

HSBC Value Fund Direct Growth

HSBC Small Cap Fund Direct Growth

SR
Shriram Ramanathan
Jun 2026 - Present
View details

Education

Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.

Experience

Prior to joining HSBC Mutual Fund, he has worked with L&T MF, FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.

Also manages these schemes

HSBC Medium to Long Term Fund Direct Growth

RedHex Hybrid Long Short Fund Direct Growth

HSBC Gilt Fund Direct Growth

HSBC Ultra Short to Short Term Fund Direct Growth

HSBC Dynamic Term Fund Direct Growth

HSBC Corporate Bond Direct Growth

HSBC Short Term Fund Direct Growth

HSBC Aggressive Hybrid Fund Direct Growth

HSBC Medium Term Fund Direct Growth

HSBC Credit Risk Fund Direct Growth

MC
Mayank Chaturvedi
Jun 2026 - Present
View details

Education

Chartered Accountant (ICAI) CFA Level 2 (Charlottsville, USA) B.Com (Ahmedabad University)

Experience

Prior joining the HSBC AMC, he was associated with Equirus Securities Ltd.

Also manages these schemes

PA
Praveen Ayathan
Jun 2026 - Present
View details

Education

Mr. Praveen is a B.Sc (Mathematics).

Experience

Prior to joining HSBC Mutual Fund, he has worked with L&T MF, Kotak Mahindra AMC and Dalal & Broacha Stock Broking Pvt. Ltd.

Also manages these schemes

HSBC Multi Asset Allocation Fund Direct Growth

RedHex Hybrid Long Short Fund Direct Growth

HSBC Nifty 50 Index Fund Direct Growth

HSBC Nifty Next 50 Index Fund Direct Growth

HSBC Equity Savings Fund Direct Growth

HSBC Balanced Advantage Fund Direct Growth

HSBC Arbitrage Fund Direct Growth

About HSBC RedHex Hybrid Long Short Fund Direct Growth

HSBC RedHex Hybrid Long Short Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Venugopal Manghat is the Current Fund Manager of HSBC RedHex Hybrid Long Short Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,55,363 Cr and the Latest NAV as of 21 Oct 2026 is ₹10.24. The HSBC RedHex Hybrid Long Short Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹10,00,000. Exit load of 2%, if redeemed within 1 Year. ;

Investment Objective

This scheme seeks to generate regular returns and capital appreciation by investing in fixed income securities and equity and equity related securities including limited short exposure in equity and debt through derivatives.

Fund benchmark--

Scheme Information Document(SID)