HSBC RedHex Hybrid Long Short Fund Direct   Growth

HSBC RedHex Hybrid Long Short Fund Direct Growth

1M
All
NAV: 01 Oct '26
₹10.23
Min. for SIP
₹1,000
Fund size (AUM)
--
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 (138)

NameSectorInstrumentsAssets
Cash MarginUnspecifiedCash Margin26.29%
RepoUnspecifiedRepo8.76%
HSBC Money Market Fund Direct-GrowthUnspecifiedMutual Fund6.03%
TRIUMPH COMPOSITES PRIVATE LIMITED 10.50 NCD 27AP31 FVRS1LACMaterialsNon Convertible Debenture4.69%
Liquid Gold Series 24**FinancialSecuritised Debt4.63%
GMR AIRPORTS LIMITED 5 BD 13FB27 FVRS1LACIndustrialsBonds4.52%
Cube Highways TrustIndustrialsInfrastructure Investment Trust4.26%
INDIGO 045 SERIES A PTC 08OCT25MaterialsSecuritised Debt4.04%
Embassy Office Parks REITReal EstateReal Estate Investment Trusts3.74%
KRAZYBEE SERVICES LIMITED 10.33 NCD 24DC27 FVRS1LACFinancialNon Convertible Debenture3.73%
ARIEL TRUST 2026 SERIES A1 PTC 29JUN26UnspecifiedSecuritised Debt3.57%
LIC HOUSING FINANCE LTD.**FinancialNon Convertible Debenture3.29%
OXYZO FINANCIAL SERVICES LIMITED 9.85 NCD 24JU29 FVRS1LACFinancialFixed Deposits3.29%
Mindspace Business Parks Ltd.Real EstateReal Estate Investment Trusts2.84%
Indus Towers LtdTechnologyEquity2.61%
Canara BankFinancialEquity2.60%
Raajmarg Infra Investment TrustIndustrialsInfrastructure Investment Trust2.49%
Bagmane Prime Office REITReal EstateReal Estate Investment Trusts2.44%
National Highways Infra TrustIndustrialsInfrastructure Investment Trust2.39%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR F24 7.68 BD 30AP29 FVRS1LACFinancialDebenture2.39%
REC LIMITED SR 234-B 7.58 BD 31MY29 FVRS1LACFinancialDebenture2.37%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LACFinancialBonds2.32%
MUTHOOT HOUSING FINANCE COMPANY LIMITED 10.15 NCD 29DC27 FVRS1LACFinancialFixed Deposits2.31%
MUTHOOT HOUSING FINANCE COMPANY LIMITED 10.15 NCD 17FB28 FVRS1LACFinancialFixed Deposits2.31%
Steel Authority Of India LtdMaterialsEquity1.99%
Godrej Properties LtdReal EstateEquity1.88%
HDFC Bank LtdFinancialEquity1.82%
TVS Motor Company LtdConsumer DiscretionaryEquity1.61%
State Bank of IndiaFinancialEquity1.32%
Adani Power LtdEnergy & UtilitiesEquity1.04%
GOVERNMENT OF INDIA 32829 GOI 10AP28 7.06 FV RS 100EntitiesGOI Securities0.97%
Indian Energy Exchange LtdFinancialEquity0.85%
Hindustan Zinc LtdMaterialsEquity0.81%
ICICI Bank LtdFinancialEquity0.71%
Hindustan Petroleum Corporation LtdEnergy & UtilitiesEquity0.64%
PB Fintech LtdFinancialEquity0.61%
One 97 Communications LtdIndustrialsEquity0.58%
Mahindra & Mahindra LtdConsumer DiscretionaryEquity0.56%
Kalyan Jewellers India LtdConsumer DiscretionaryEquity0.52%
Container Corporation Of India LtdIndustrialsEquity0.50%
Varun Beverages LtdConsumer StaplesEquity0.42%
Crompton Greaves Consumer Electricals LtdConsumer DiscretionaryEquity0.41%
Bajaj Finserv LtdFinancialEquity0.40%
Dabur India LtdConsumer StaplesEquity0.39%
Bank of IndiaFinancialEquity0.38%
Manappuram Finance LtdFinancialEquity0.37%
Jio Financial Services LimitedFinancialEquity0.37%
Tata Steel LtdMaterialsEquity0.34%
Bandhan Bank LtdFinancialEquity0.31%
Bajaj Finance LtdFinancialEquity0.30%
Punjab National BankFinancialEquity0.26%
Ambuja Cements LtdMaterialsEquity0.20%
Eicher Motors LtdConsumer DiscretionaryEquity0.19%
HDFC Asset Management Company LtdFinancialEquity0.16%
Aurobindo Pharma LtdHealthcareEquity0.15%
JSW Steel LtdMaterialsEquity0.12%
Adani Ports and Special Economic Zone LtdIndustrialsEquity0.10%
Bharat Electronics LtdIndustrialsEquity0.09%
Ashok Leyland LtdIndustrialsEquity0.08%
The Indian Hotels Company LtdConsumer DiscretionaryEquity0.08%
Maruti Suzuki India LtdConsumer DiscretionaryEquity0.07%
Vishal Mega Mart Ltd.Consumer StaplesEquity0.05%
NTPC LtdEnergy & UtilitiesEquity0.05%
Vodafone Idea LtdTechnologyEquity0.04%
UNO Minda LtdConsumer DiscretionaryEquity0.03%
Godrej Consumer Products LtdConsumer StaplesEquity0.03%
Bharat Heavy Electricals LtdIndustrialsEquity0.02%
FSN E-Commerce Ventures LtdConsumer DiscretionaryEquity0.02%
Marico LtdConsumer StaplesEquity0.02%
The Federal Bank LtdFinancialEquity0.02%
Coal India LtdMaterialsEquity0.02%
Axis Bank LtdFinancialEquity0.02%
Vedanta LtdMaterialsEquity0.01%
Apollo Hospitals Enterprise LtdHealthcareEquity0.01%
Adani Transmission LtdEnergy & UtilitiesEquity0.01%
Bharti Airtel LtdTechnologyEquity0.01%
National Aluminium Company LtdMaterialsEquity0.01%
SBI Life Insurance Company LtdFinancialEquity0.01%
Tube Investments Of India LtdConsumer DiscretionaryEquity0.01%
ITC LtdConsumer StaplesEquity0.00%
ITC Ltd FuturesConsumer StaplesFutures-0.00%
Tube Investments of India LtdConsumer DiscretionaryFutures-0.01%
SBI Life Insurance Company LimitedFinancialFutures-0.01%
National Aluminium Co. Ltd FuturesMaterialsFutures-0.01%
Bharti Airtel Ltd FuturesTechnologyFutures-0.01%
Adani Energy Solutions Limited Dec24**Energy & UtilitiesFutures-0.01%
Apollo Hospitals Enterprise Ltd FuturesHealthcareFutures-0.01%
Axis Bank Ltd FuturesFinancialFutures-0.01%
Vedanta Ltd FuturesMaterialsFutures-0.02%
Coal India Ltd FuturesMaterialsFutures-0.02%
Federal Bank Ltd FuturesFinancialFutures-0.02%
Marico Ltd FuturesConsumer StaplesFutures-0.02%
FSN E-Commerce Ventures LtdConsumer DiscretionaryFutures-0.02%
Bharat Heavy Electricals Ltd FuturesIndustrialsFutures-0.02%
Godrej Consumer Products Ltd FuturesConsumer StaplesFutures-0.03%
UNO Minda Ltd.Consumer DiscretionaryFutures-0.03%
Idea Cellular Ltd FuturesTechnologyFutures-0.04%
National Thermal Power Corp. Ltd FuturesEnergy & UtilitiesFutures-0.05%
Vishal Mega Mart LimitedConsumer StaplesFutures-0.05%
Maruti Suzuki India Ltd FuturesConsumer DiscretionaryFutures-0.07%
Indian Hotels Co. Ltd FuturesConsumer DiscretionaryFutures-0.07%
Ashok Leyland Ltd FuturesIndustrialsFutures-0.08%
Bharat Electronics Ltd FuturesIndustrialsFutures-0.09%
Adani Ports and Special Economic Zone Ltd FuturesIndustrialsFutures-0.10%
JSW Steel Ltd FuturesMaterialsFutures-0.12%
Aurobindo Pharma Ltd FuturesHealthcareFutures-0.15%
HDFC Asset Management Company Ltd FuturesFinancialFutures-0.16%
Eicher Motors Ltd FuturesConsumer DiscretionaryFutures-0.19%
Ambuja Cements Ltd FuturesMaterialsFutures-0.20%
Punjab National Bank FuturesFinancialFutures-0.26%
Bajaj Finance Ltd FuturesFinancialFutures-0.30%
Bandhan Bank Ltd FuturesFinancialFutures-0.31%
Tata Steel Ltd FuturesMaterialsFutures-0.33%
Jio Financial Services LimitedFinancialFutures-0.37%
Manappuram Finance Ltd FuturesFinancialFutures-0.38%
Bank of India FuturesFinancialFutures-0.38%
Bajaj Finserv Ltd.delete FuturesFinancialFutures-0.39%
Dabur India Ltd FuturesConsumer StaplesFutures-0.40%
Crompton Greaves Consumer Electricals LimitedConsumer DiscretionaryFutures-0.41%
Varun Beverages LtdConsumer StaplesFutures-0.43%
Container Corpn. Of India Ltd FuturesIndustrialsFutures-0.50%
Kalyan Jewellers India Ltd.Consumer DiscretionaryFutures-0.53%
One 97 Communications Ltd.IndustrialsFutures-0.57%
Mahindra & Mahindra Ltd FuturesConsumer DiscretionaryFutures-0.58%
PB Fintech LtdFinancialFutures-0.60%
Hindustan Petroleum Corpn. Ltd FuturesEnergy & UtilitiesFutures-0.64%
ICICI Bank Ltd FuturesFinancialFutures-0.71%
Hindustan Zinc Ltd FuturesMaterialsFutures-0.82%
Indian Energy Exchange Ltd FuturesFinancialFutures-0.85%
Adani Power Ltd FuturesEnergy & UtilitiesFutures-1.07%
State Bank of India FuturesFinancialFutures-1.31%
T V S Motor Co. Ltd FuturesConsumer DiscretionaryFutures-1.61%
HDFC Bank Ltd FuturesFinancialFutures-1.83%
Godrej Properties Ltd FuturesReal EstateFutures-1.88%
Steel Authority Of India Ltd FuturesMaterialsFutures-2.03%
Bharti Infratel Ltd FuturesTechnologyFutures-2.59%
Canara Bank FuturesFinancialFutures-2.60%
Net PayablesUnspecifiedNet Payables-3.55%
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
Name3M3M6MAll
Fund returns+2.3%+2.3%--+2.3%
Category average (null null)--------
Rank (null null)44----

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%.

Compare similar funds

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.

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.

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.

About HSBC RedHex Hybrid Long Short Fund Direct Growth

HSBC RedHex Hybrid Long Short Fund Direct Growth is a -- 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 ₹1,57,695 Cr and the Latest NAV as of 01 Oct 2026 is ₹10.23. 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 house

Rank (total assets)#21 in India
Total AUM₹1,57,695.29 Cr
Date of Incorporation27 May 2002
Launch Date27 May 2002
Address9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
CustodianDeutsche Bank
Registrar & Transfer AgentCams
Email--
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,