Markets / Mutual funds / Hybrid Long-Short Fund

RedHex Hybrid Long-Short Fund - Direct Plan - Growth

NAVs of 5 Nov 2026

RedHex SIF · Specialised Investment Fund · Direct plan · Growth

SIFHybrid Long-Short FundDirect · GrowthRisk: Low to moderateInterval Fund

NAV · 5 Nov 2026

₹10.2910 ▲ 0.30%

RedHex SIF

Fund size₹966 crJuly - September 2026

1-month range₹10.21 – 10.29

Since launch+2.69%from 2 Jun 2026

Expense ratio1.01%direct plan, a year

Minimum₹10 lakhacross a fund house's SIFs

What the fund does

The investment objective of the Investment Strategy is 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. There is no assurance that the investment objective of the Investment Strategy will be achieved.

BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index

Launched2 Jun 2026

TypeInterval Fund

Fund houseRedHex SIF

Fund managersShriram RamanathanPraveen AyathanVenugopal ManghatMayank Chaturvedi

NAV history

Returns

1 week

+0.75%avg 1.5%

1 month

+0.46%avg 1.1%

3 months

+1.57%avg 2.9%

Bars: this plan; the thin mark is the Hybrid Long-Short Fund average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026						+0.2	+0.7	+0.9	+0.5	-0.2	+0.6

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIF minimum: ₹10 lakh in total. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 31 Oct 2026

Stocks held6191 lines in all

Top 10 stocks15.6%of the fund

Short positions-0.4%sold through derivatives

Net equity25.7%long stocks and derivatives minus shorts

Where the money is

Equity 26.1%Debt 38.2%Cash & others 35.8%Short -0.4%

Sectors (stocks held)

Banks

8.0%

Telecom - Services

2.6%

Ferrous Metals

2.4%

Petroleum Products

2.1%

Aerospace & Defense

1.8%

Finance

1.6%

Automobiles

1.5%

Power

1.5%

Changes since 30 Sept 2026

Share of fund	31 Oct 2026	30 Sept 2026	Change
Stocks held	26.1%	23.9%	+2.19
Short positions	-0.4%	-2.4%	+2.03
Derivatives (long)	0.0%	0.0%	0.00
Debt	38.2%	42.8%	-4.65
Money market	0.0%	0.0%	0.00
Cash & others	35.8%	33.3%	+2.46
Top 10 stocks	15.6%	14.8%	+0.77
Number of stocks	61	61	0

New stocks 3

Biocon Limited0.13%
Cipla Limited0.05%
Divi''s Laboratories Limited0.04%

Stocks sold off 3

Vishal Mega Mart Limitedwas 0.03%
UNO Minda Limitedwas 0.02%
FSN E-Commerce Ventures Limitedwas 0.01%

Bought more 5

Bharat Electronics Limited+1.77
IndusInd Bank Limited+0.66
Bajaj Finance Limited+0.50
Tata Steel Limited+0.30
Steel Authority of India Limited+0.25

Cut back 2

Canara Bank-0.30
Indus Towers Limited-0.26

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 61

Holding	Sector / type	% of fund
ICICI Bank Limited INE090A01021	Banks	2.85%
Bharat Electronics Limited INE263A01024	Aerospace & Defense	1.83%
Reliance Industries Limited INE002A01018	Petroleum Products	1.69%
Steel Authority of India Limited INE114A01011	Ferrous Metals	1.57%
Indus Towers Limited INE121J01017	Telecom - Services	1.53%
Canara Bank INE476A01022	Banks	1.45%
HDFC Bank Limited INE040A01034	Banks	1.35%
Godrej Properties Limited INE484J01027	Realty	1.21%
TVS Motor Company Limited INE494B01023	Automobiles	1.06%
Bharti Airtel Limited INE397D01024	Telecom - Services	1.01%
Bajaj Finance Limited INE296A01032	Finance	0.98%
Adani Power Limited INE814H01029	Power	0.86%
IndusInd Bank Limited INE095A01012	Banks	0.86%
State Bank of India INE062A01020	Banks	0.72%
Adani Energy Solutions Limited INE931S01010	Power	0.58%
Tata Steel Limited INE081A01020	Ferrous Metals	0.54%
Indian Energy Exchange Limited INE022Q01020	Capital Markets	0.43%
Hindustan Zinc Limited INE267A01025	Non - Ferrous Metals	0.41%
Hindustan Petroleum Corporation Limited INE094A01015	Petroleum Products	0.36%
One 97 Communications Limited INE982J01020	Financial Technology (Fintech)	0.33%
Mahindra & Mahindra Limited INE101A01026	Automobiles	0.29%
JSW Steel Limited INE019A01038	Ferrous Metals	0.29%
KALYAN JEWELLERS INDIA LIMITED INE303R01014	Consumer Durables	0.26%
Varun Beverages Limited INE200M01039	Beverages	0.25%
Container Corporation of India Limited INE111A01025	Transport Services	0.24%
Dabur India Limited INE016A01026	Personal Products	0.23%
Bank of India INE084A01016	Banks	0.21%
Crompton Greaves Consumer Electrical Ltd INE299U01018	Consumer Durables	0.20%
Bajaj Finserv Limited INE918I01026	Finance	0.20%
PB Fintech Limited INE417T01026	Financial Technology (Fintech)	0.20%
Manappuram Finance Limited INE522D01027	Finance	0.19%
Jio Financial Services Limited INE758E01017	Finance	0.19%
Bandhan Bank Limited INE545U01014	Banks	0.17%
The Federal Bank Limited INE171A01029	Banks	0.17%
Punjab National Bank INE160A01022	Banks	0.17%
Biocon Limited INE376G01013	Pharmaceuticals & Biotechnology	0.13%
The Indian Hotels Company Limited INE053A01029	Leisure Services	0.11%
Ambuja Cements Limited INE079A01024	Cement & Cement Products	0.11%
Eicher Motors Limited INE066A01021	Automobiles	0.10%
Aurobindo Pharma Limited INE406A01037	Pharmaceuticals & Biotechnology	0.09%
Sun Pharmaceutical Industries Limited INE044A01036	Pharmaceuticals & Biotechnology	0.09%
HDFC Asset Management Company Limited INE127D01025	Capital Markets	0.09%
Adani Port & Special Economic Zone Ltd INE742F01042	Transport Infrastructure	0.07%
Cipla Limited INE059A01026	Pharmaceuticals & Biotechnology	0.05%
ITC Limited INE154A01025	Diversified FMCG	0.05%
Divi''s Laboratories Limited INE361B01024	Pharmaceuticals & Biotechnology	0.04%
Ashok Leyland Limited INE208A01029	Agricultural, Commercial & Construction Vehicles	0.04%
Maruti Suzuki India Limited INE585B01010	Automobiles	0.04%
Axis Bank Limited INE238A01034	Banks	0.03%
Godrej Consumer Products Limited INE102D01028	Personal Products	0.03%
NTPC Limited INE733E01010	Power	0.03%
Vodafone Idea Limited INE669E01016	Telecom - Services	0.02%
Kotak Mahindra Bank Limited INE237A01036	Banks	0.02%
Bharat Heavy Electricals Limited INE257A01026	Electrical Equipment	0.01%
Marico Limited INE196A01026	Agricultural Food & other Products	0.01%
Coal India Limited INE522F01014	Consumable Fuels	0.01%
Vedanta Limited INE205A01025	Diversified Metals	0.01%
Apollo Hospitals Enterprise Limited INE437A01024	Healthcare Services	0.01%
SBI Life Insurance Company Limited INE123W01016	Insurance	0.00%
National Aluminium Company Limited INE139A01034	Non - Ferrous Metals	0.00%
TUBE INVESTMENTS OF INDIA LTD INE974X01010	Auto Components	0.00%

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Short positions 1

Holding	Sector / type	% of fund
Net Current Assets (including cash & bank balances)	–	-0.41%

Derivatives, debt, money market and cash 29

Holding	Sector / type	% of fund
HSBC Money Market Fund - Direct Growth INF917K01FE6	Internal - Mutual Fund Units	6.48%
Treps	–	6.14%
Capital Infra Trust InvIT INE0Z8Z23013	InVITs	4.35%
GMR Airports Limited** INE776C08083	CRISIL AA-	3.99%
Cube Highway Trust INE0NR623014	InVITs	3.82%
Incred Financial Services Ltd** INE321N07756	CRISIL AA-	3.35%
Mindspace Business Parks REIT INE0CCU25019	ReITs	3.03%
IRB InvIT Fund INE183W23014	InVITs	3.02%
Knowledge Realty Trust INE1JAR25012	ReITs	2.90%
NABARD^ INE261F08EO7	CRISIL AAA	2.79%
TRIUMPH COMPOSITES PVT LTD** INE2I4607011	IND AA-	2.77%
Liquid Gold Series 24** INE2ZXW15027	CRISIL A(SO)	2.76%
Indigo 053** INE2YSJ15019	CARE AA(SO)	2.42%
CEDRIC** INE32I815018	CRISIL AA(SO)	2.25%
ARIEL TRUST 2026** INE2XEV15016	IND AA+(SO)	2.14%
Krazybee Services Limited** INE07HK07874	CARE A+	2.10%
Embassy Office Parks REIT INE041025011	ReITs	2.10%
Oxyzo Financial Services Pvt Limited** INE04VS07529	ICRA A+	2.01%
LIC Housing Finance Limited** INE115A07RJ0	CRISIL AAA	1.97%
Oxyzo Financial Services Pvt Limited** INE04VS07545	ICRA A+	1.97%
Raajmarg Infra Investment Trust INE2PB023011	InVITs	1.47%
Bagmane Prime Office REIT INE2OVN25015	ReITs	1.46%
REC Limited** INE020B08FD6	ICRA AAA	1.43%
REC Limited** INE020B08GD4	ICRA AAA	1.42%
SIDBI** INE556F08KX8	CRISIL AAA	1.42%
National Highways Infra Trust INE0H7R23014	InVITs	1.42%
MUTHOOT HOUSING FINANCE** INE882Z08072	CRISIL AA-	1.40%
MUTHOOT HOUSING FINANCE** INE882Z08056	CRISIL AA-	1.39%
7.06% GOI - 10-Apr-2028 IN0020230010	SOVEREIGN	0.57%

Show 19 moreShow fewer

From the fund house's monthly portfolio (assetmanagement.hsbc.co.in), as on 31 Oct 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.

Risk

Volatility1.6%yearly, from daily NAVs

Worst fall-0.47%19 Oct 2026 → 28 Oct 2026

RiskometerLow to moderateRisk Band 2

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 25 Jun 2026). SIF track records are short, so these figures are provisional.

Where it can invest (limits from the scheme document)

Equities & Equity related securities

25–75%

Hedged

0–75%

Unhedged (Short derivatives)

0–25%

Units of REITs

0–20%

Units issued by InvITs

0–20%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)	₹966 cr across all plans · this plan ₹398 cr AMFI's figures, collected by TIGZIG
Fund house	RedHex SIF · website
Category	SIF · Hybrid Long-Short Fund
Plan	Direct
Option	Growth
Expense ratio (TER)	Direct 1.01% · Regular 1.65% (5 Nov 2026)
Exit load	i. If the Units are redeemed / switched-out on or before 1 year from the date of allotment: 2.00% ii. If the Units are redeemed / switched-out after 1 year from the date of allotment: Nil
Minimum investment	10,00,000; For Accredited Investors: 1,00,000 · additional 1000
Scheme code (AMFI)	SIF-129
ISIN	INF336L30049
NAV date	5 Nov 2026

Scheme details from the fund's filed scheme document (via TIGZIG) and AMFI.

Other plans of this fund

Plan	NAV	Since launch
Direct · IDCW	₹10.2919	+2.70%
Regular · Growth	₹10.2660	+2.46%

Top Hybrid Long-Short Fund funds (direct plans)

Fund	Since launch	1 month
qsif Hybrid Long-Short Fund	+28.23%	+0.63%
Altiva Hybrid Long-Short Fund	+10.38%	+0.23%
Magnum Hybrid Long Short Fund	+4.47%	+0.84%
RedHex Hybrid Long-Short Fund	+2.69%	+0.46%

All Hybrid Long-Short Fund funds ranked › · Compare with others ›

← All SIFs

Information only, not investment advice.

What is the NAV of RedHex Hybrid Long-Short Fund - Direct Plan - Growth today?

₹10.2910 as of 5 Nov 2026, from AMFI's official NAV data.

What are the returns of RedHex Hybrid Long-Short Fund - Direct Plan - Growth?

Returns appear once enough NAV history is available.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.

What is the minimum investment in a SIF?

₹10 lakh across an investor's SIF investments with the fund house (accredited investors are exempt).