RedHex Hybrid Long-Short Fund - Direct - Growth
Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index · Riskometer: Very High
RedHex Hybrid Long-Short Fund is a Hybrid Long-Short mutual fund managed by HSBC Asset Management (India) Private Ltd., benchmarked against NIFTY 50 Hybrid Composite Debt 50:50 Index. Riskometer: Very High.
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LEARN: Growth of ₹100 · NAV · CAGR
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RedHex Hybrid Long-Short Fund - growth of ₹100
Growth of ₹100 invested on 2026-09-30, not raw NAV - the standard way to compare fund performance regardless of NAV level. Daily resolution for the last 90 days, weekly up to 2 years, monthly beyond that.
NAV History - Last 30 Days(exact daily NAV)
| Date | NAV (₹) | 1D Change |
|---|---|---|
| 2026-10-28 | 10.2083 | -0.0054 (-0.1%) |
| 2026-10-27 | 10.2137 | +0.005 (+0%) |
| 2026-10-26 | 10.2087 | -0.0035 (+0%) |
| 2026-10-23 | 10.2122 | -0.0125 (-0.1%) |
| 2026-10-22 | 10.2247 | -0.0192 (-0.2%) |
| 2026-10-21 | 10.2439 | -0.0125 (-0.1%) |
| 2026-10-19 | 10.2564 | +0.0121 (+0.1%) |
| 2026-10-16 | 10.2443 | +0.0018 (+0%) |
| 2026-10-15 | 10.2425 | -0.0017 (+0%) |
| 2026-10-14 | 10.2442 | +0.0072 (+0.1%) |
| 2026-10-13 | 10.237 | -0.0005 (+0%) |
| 2026-10-12 | 10.2375 | +0.0026 (+0%) |
| 2026-10-09 | 10.2349 | +0.0079 (+0.1%) |
| 2026-10-08 | 10.227 | -0.0173 (-0.2%) |
| 2026-10-07 | 10.2443 | +0.0008 (+0%) |
| 2026-10-06 | 10.2435 | +0.0025 (+0%) |
| 2026-10-05 | 10.241 | +0.0143 (+0.1%) |
| 2026-10-01 | 10.2267 | -0.0235 (-0.2%) |
| 2026-09-30 | 10.2502 | - |
Punji Fund Health Score - percentile-within-category. See methodology.
CATEGORY COMPARISON
RedHex Hybrid Long-Short Fund returns
This fund is less than a year old, so there is not yet enough history to calculate rolling returns.
RedHex Hybrid Long-Short Fund category rank vs peers
| Metric | Value | Rank | Category median |
|---|---|---|---|
| Total Expense Ratio | 1.52% | #6 of 11 (lower is better) | 1.52% |
RedHex Hybrid Long-Short Fund risk metrics
This fund is less than three years old, so a three-year risk history does not exist yet.
RedHex Hybrid Long-Short Fund holdings
Portfolio as of 2026-09-30
Hold multiple funds? See our Portfolio Overlap Tool to see if they actually hold different stocks.
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Top sector holdings
Share of portfolio (% to NAV) in each of the top sectors.
TOP HOLDINGS
Funds similar to RedHex Hybrid Long-Short Fund
Comparable funds need at least a one-year track record to rank against, which this fund does not have yet.
RedHex Hybrid Long-Short Fund Punji analytics
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Asset Allocation
As of Sep-2026
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Market Cap Split
As of Sep-2026
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Credit Quality
As of Sep-2026
Portfolio analytics as of Sep-2026.
Frequently asked questions
How risky is RedHex Hybrid Long-Short Fund?
RedHex Hybrid Long-Short Fund carries a "Very High" risk rating on SEBI's mandated riskometer scale, the same standardized classification every Indian mutual fund must disclose. This rating reflects the fund's underlying portfolio composition and historical volatility, and is set independently of any single AMC's own marketing - it's meant to give investors a comparable, at-a-glance sense of how much the fund's value can swing before deciding whether it matches their own risk appetite and investment horizon. A higher-risk rating isn't inherently bad; it typically correlates with higher long-term return potential, but also with larger short-term drawdowns, so it should be read alongside the fund's category and your own time horizon rather than in isolation.
What is RedHex Hybrid Long-Short Fund's expense ratio?
RedHex Hybrid Long-Short Fund's direct-plan expense ratio is 1.52% per year - the annual fee the AMC deducts from the fund's assets to cover management and operating costs, already reflected in the NAV you see (it isn't billed separately). Direct plans skip the distributor commission built into Regular plans, which is why a direct-plan expense ratio is almost always lower than the same scheme's Regular-plan version. Over long holding periods, even a difference of a few basis points compounds into a meaningfully different final corpus, which is why expense ratio is one of the few fund attributes an investor can compare with total certainty before investing, unlike future returns.
How does RedHex Hybrid Long-Short Fund's expense ratio compare to its category?
RedHex Hybrid Long-Short Fund's expense ratio of 1.52% ranks #6 of 11 funds in the Hybrid Long-Short Fund category (lower is better) - the category median is 1.52%. Expense ratio is deducted from the fund's assets every year regardless of performance, so a lower ratio is a real, certain cost advantage rather than a projection, unlike future returns.
How concentrated are RedHex Hybrid Long-Short Fund's top holdings?
RedHex Hybrid Long-Short Fund's single largest disclosed holding, HSBC Money Market Fund - Direct Growth, accounts for 5.99% of NAV. Its top 5 holdings together make up 23.2% of the portfolio, and its top 10 disclosed holdings make up 40.9% - as of 2026-09-30. A higher concentration in the top few names means the fund's returns lean more heavily on those specific bets paying off, while a flatter spread means no single holding drives outcomes as much either way.
Who manages RedHex Hybrid Long-Short Fund, and what category does it belong to?
RedHex Hybrid Long-Short Fund is managed by HSBC Asset Management (India) Private Ltd. and is classified under the Hybrid Long-Short Fund category, the SEBI-defined scheme categorization that groups funds by their investment mandate (market-cap focus, sector, or asset mix) so investors can compare like-for-like funds rather than across unrelated strategies. The AMC (asset management company) is the regulated entity legally responsible for the fund's operations, portfolio decisions, and disclosures, though day-to-day investment calls are made by a designated fund manager within the mandate set by the scheme's category and stated objective.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.