HSBC Mutual Fund has launched a new investment product called the RedHex Hybrid Long-Short Fund.
It is a Specialised Investment Fund (SIF) designed for investors who want a mix of regular income and long-term capital growth.
The New Fund Offer (NFO) is currently open and will close on June 16.
The fund aims to combine multiple asset classes to manage risk better while still targeting stable returns across different market conditions.
What Is the RedHex Hybrid Long-Short Fund?
The RedHex Hybrid Long-Short Fund follows a diversified investment approach across several asset classes.
It typically allocates investments in a balanced structure across:
Debt instruments
Equity arbitrage opportunities
Infrastructure Investment Trusts (InvITs)
Real Estate Investment Trusts (REITs)
According to HSBC Mutual Fund, the strategy follows a 50:50 structure between debt, REITs/InvITs, and equity arbitrage.
The goal is to generate steady returns while keeping volatility relatively low.
The fund is designed to perform across different market cycles by balancing risk and income sources.
Designed for Stability and Risk Control
The fund focuses on reducing sharp ups and downs in returns.
It uses credit exposure, liquidity management, and active risk controls to maintain stability in different market conditions.
The strategy aims to generate regular income while also limiting downside risks during market fluctuations.
HSBC says the fund is managed by an experienced investment team with expertise in credit, derivatives, and special market situations.
What HSBC Mutual Fund Says
Speaking about the launch, Kailash Kulkarni, CEO of HSBC Mutual Fund, said that investors today are looking for well-structured and professionally managed investment solutions.
He explained that the RedHex Hybrid Long-Short Fund is designed as a balanced option that offers:
Lower volatility compared to traditional investments
Potential for better risk-adjusted returns
Tax-efficient structure
Flexibility across changing market conditions
Who Will Manage the Fund?
The fund will be managed by a team of specialists handling different parts of the portfolio.
Debt, InvITs, and REITs: Shriram Ramanathan
Equity investments: Venugopal Manghat
Arbitrage strategy: Praveen Ayathan
Foreign securities: Mayank Chaturvedi
The performance of the fund will be benchmarked against the NIFTY 50 Hybrid Composite Debt 50:50 Index.
Investment Details and Suitability
The RedHex Hybrid Long-Short Fund is designed as a mid-level investment product for investors seeking diversification beyond traditional fixed-income options.
It combines multiple sources of returns while maintaining a structured risk management approach.
The minimum investment required is ₹10 lakh, and additional investments can be made in multiples of ₹1.
HSBC Mutual Fund believes this structure offers a balance between transparency, flexibility, and long-term wealth creation potential.
The fund is aimed at investors who are comfortable with higher entry levels but want a more stable and professionally managed hybrid strategy.
