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HybridHybrid Long-Short

RedHex Hybrid Long-Short Fund

Launched 24 Jul 2026·Benchmark NIFTY 50 Hybrid Composite Debt 50:50 Index
Plan & Option
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Fund Risk BandLow to Moderate
Benchmark Risk BandModerate
For reference only — not a SEBI-mandated fund disclosure.
Latest NAV
₹10.5400
₹-0.0200 (-0.19%) · 2026-08-24
AUM
Since Inception
+5.6%
Absolute, not annualised
Min. Investment
₹10,00,000
Expense Ratio
Latest NAV
10.5400
0.0200 (-0.19%)2026-08-24
Returns · Source: AMFI NAV history

Trailing returns

Fund return vs. Hybrid Long-Short category average.

1M
+5.61%
Cat avg +1.57%
3M
Cat avg +4.65%
6M
Cat avg +5.23%
1Y
Not available
SI
+5.61%
Since inception
NAV Performance
₹9.9800₹10.1275₹10.2750₹10.4225₹10.5700Jul 24Jul 28Jul 30Aug 3Aug 5Aug 7Aug 11Aug 13Aug 17Aug 19Aug 24
Category comparison — 1M returns
Hybrid Long-Short · 11 funds
isif Hybrid Long-Short
+3.72%
Apex Hybrid Long-Short
+2.66%
qsif Hybrid Long-Short
+2.56%
Category average
+1.57%
Key facts
from KIM / ISID
Min. investment₹10,00,000
Expense ratio
AUM
Inception date19 Jun 2026
BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index
Exit loadi. 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
Maximum TER

SIFcase is a research and comparison platform. Information shown is for educational purposes only and should not be considered investment advice. Investments in securities markets are subject to market risks. Please read all official scheme documents carefully before investing. Past performance is not indicative of future results. SIFs require a minimum investment of ₹10 lakh.

Investor Suitability

Is this fund right for you?

Suitable for

This fund is designed for affluent and HNI investors seeking income and capital appreciation over the medium to long term, through a combination of fixed income and equity/equity-related securities.

Market Scenario Performance

How this fund may behave across cycles

In Bull Markets

The fund's equity exposure is fully hedged through non-directional arbitrage, so it is not designed to chase equity market rallies. Instead, in rising markets it continues to draw returns from its core engines — steady arbitrage income, high-yield debt accruals, and REIT/InvIT distributions plus potential capital gains from credit upgrades and spread compression.

In Bear Markets

Because its equity book is fully hedged and non-directional, the fund is structurally insulated from equity market downturns. Its core arbitrage and high-quality debt allocations continue to generate stable, credit-driven income and support downside protection irrespective of overall market direction, helped by active risk management and a built-in liquidity sleeve.

In Sideways Markets

In range-bound or directionless markets, the fund's design plays to its strengths — its arbitrage strategy captures cash-futures spreads that are largely independent of market direction, while tactical option strategies like covered calls and butterflies are specifically suited to neutral, range-bound conditions. This keeps the income engine running steadily even when equity markets lack a clear trend.

Where Does This Fund Fit?

Understanding the fund's role in your portfolio

Where it fits in your portfolio

Designed to fill the gap in a core asset allocation, this fund blends non-directional equity arbitrage with a high-accrual debt book and REIT/InvIT exposure to deliver steady, tax-efficient income with low volatility. It sits between traditional fixed deposits/debt funds and higher-risk Category II AIFs — offering better post-tax efficiency than either, along with weekly liquidity, low concentration risk, and active risk management across market cycles.

Taxation

How returns from this fund are taxed

Long-term capital gains (units held more than 12 months) are taxed at 12.5%

As disclosed by the AMC. Consult a tax advisor for your specific situation.

Risk Analytics

Risk-adjusted metrics

Sharpe Ratio (SI)
Risk-adjusted return per unit of volatility.
9.41
Volatility (SI)
Annualised standard deviation of daily returns.
6.30%
Max Drawdown (SI)
Peak-to-trough decline in NAV since inception.
-0.29%
Max Drawdown (3M)
Peak-to-trough in last 3 months.
Insufficient history
SEBI Riskometer
Risk Band
RISK-LEVEL 2
RedHex Hybrid Long-Short Fund
Lower RiskHigher Risk
1
2
3
4
5
Low to Moderate
Risk Band
RISK-LEVEL 3
NIFTY 50 Hybrid Composite Debt 50:50 Index
Lower RiskHigher Risk
1
2
3
4
5
Moderate
Fund Manager

Who manages this fund

Fund manager details pending verification

Name, tenure, qualifications and other schemes managed will appear here once confirmed against the ISID / SID.

Documents

Scheme documents

No documents published yet

Official filings — Scheme Information Document, Investment Strategy Information Document and portfolio disclosures — will appear here once uploaded and verified.

NAV from AMFIReturns calculated from NAV historyScheme details pending ISID/AMC verification
Scheme information
CategoryHybrid
StrategyHybrid Long-Short
OptionIDCW Reinvestment
Launch date24 Jul 2026
BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index