RedHex Hybrid Long-Short Fund
Frequently asked questions
What is RedHex Hybrid Long-Short Fund?
RedHex Hybrid Long-Short Fund is a Specialized Investment Fund (SIF) from HSBC Mutual Fund. To generate regular returns and capital appreciation via fixed income securities and equity-related securities, with limited short exposure in equity and debt through derivatives. Its benchmark is NIFTY 50 Hybrid Composite Debt 50:50 Index.
What is the minimum investment in RedHex Hybrid Long-Short Fund?
The minimum investment is ₹10,00,000, multiples of ₹1 (₹1,00,000 for accredited investors); SIP Daily/Weekly/Monthly ₹1,000 (min. 12), Quarterly ₹3,000 (min. 4).
How often can I buy and redeem units?
Subscriptions: Daily (business days); cut-off 3:00 PM for same-day NAV. Redemptions: Interval windows per ISID; cut-off 3:00 PM; no lock-in.
What is the exit load?
Exit load: 2% (≤1 year), Nil after (SWP also attracts exit load; plan switches and IDCW reinvestments exempt). Confirm the latest terms in the scheme's SID.
How is a SIF different from a mutual fund?
A SIF can take limited short positions through derivatives, which a regular mutual fund scheme generally cannot, and it has a higher minimum investment. That flexibility adds derivative, liquidity and manager-execution risk, so read the SID before investing.
How risky is RedHex Hybrid Long-Short Fund?
The scheme is classified as Level 2 on the risk-o-meter shown on this page. SIFs are subject to market risk, and past performance is not indicative of future returns.
How is RedHex Hybrid Long-Short Fund taxed?
Tax depends on how much of the portfolio is held in equity and on the holding period, so it differs from an equity-oriented fund. Check the scheme's SID for its tax treatment and speak to a tax adviser before investing.