HSBC Mutual Fund has launched RedHex Hybrid Long-Short Fund, a Specialised Investment Fund (SIF) strategy designed for investors seeking regular returns and capital appreciation. The strategy combines investments across asset classes – fixed income, equity arbitrage, REIT and INVIT units to pursue risk adjusted returns across market cycles. The New Fund Offer (NFO) will be open from 2 June 2026 to 16 June 2026.
SIFs were introduced to bridge the gap between traditional mutual funds and higher-ticket products like Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs). RedHex Hybrid Long-Short Fund offers an intermediate investment that combines the regulatory transparency of mutual funds with portfolio flexibility.
The product is suited for ‘mid-ticket’ investors, with a minimum application of ₹10,00,000 (₹1,00,000 for Accredited Investors).
Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index
Kailash Kulkarni, CEO, HSBC Mutual Fund, said, “Investors today are more aware and require unique solutions that are professionally managed, and built to navigate complex market conditions. RedHex Hybrid Long-Short Fund is designed as a practical middle ground – offering the clarity investors expect from mutual funds, with added flexibility of a product which is designed to be less volatile while giving superior, tax efficient risk adjusted returns.
Shriram Ramanathan, CIO Fixed Income, HSBC Mutual Fund, said, “Our focus is on robust credit selection and risk controls, aiming to deliver high accrual potential with lower volatility across market cycles. In a measured way, the fund also aims to take exposure to REITs and INVITs, both of which are growing asset classes”
The fund strategy aims to deliver strong accrual potential with relatively low volatility through a diversified allocation across asset classes designed to generate regular income with limited sensitivity to market swings, while also enhancing tax efficiency and risk-adjusted returns. Structured as an interval investment fund, it allows subscriptions on any business day and offers weekly redemptions. Underpinning all this is robust risk management, combining active portfolio management with strict strategy-level risk controls to help reduce volatility.
HSBC Asset Management
HSBC Asset Management should be referred to either in full or as HSBC AM to avoid confusion with any other financial services firms.
HSBC Asset Management, the investment management business of the HSBC Group, invests on behalf of HSBC’s worldwide customer base of retail and private clients, intermediaries, corporates and institutions through both segregated accounts and pooled funds. HSBC Asset Management connects HSBC’s clients with investment opportunities around the world through an international network of offices in 20 countries and territories, delivering global capabilities with local market insight. As at 31 March 2026, HSBC Asset Management managed assets totalling US$863bn (excluding HSBC Jintrust Fund Management Company Limited) on behalf of its clients.
For more information, visit http://www.global.assetmanagement.hsbc.com/
HSBC Asset Management is the brand name for the asset management businesses of HSBC Holdings plc.
HSBC India
HSBC India offers a full range of banking and financial services through 31 branches across 19 cities. The Bank is at the forefront in arranging deals for Indian companies investing overseas and foreign investments into the country. HSBC is one of India’s leading financial services groups, with over 47,000 employees in its banking, investment banking and capital markets, asset management, insurance, software development and global resourcing operations in the country. It is a leading custodian in India.
HSBC Holdings plc
HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 56 countries and territories. With assets of US$3,306bn at 31 March 2026, HSBC is one of the world’s largest banking and financial services organisations.
Source: HSBC Asset Management India, Data as on 31 May 2026
Past performance may or may not be sustained in future and is not a guarantee of any future returns.
Please read Investment Strategy Information Document (ISID) of the Fund for more details.
Disclaimer
Note – Views provided above are based on information available in public domain and subject to change. Investors should not consider the same as investment advice and requested to consult their financial advisor for any investment decision applicable to their investment appetite.
The sector(s)/stock(s)/issuer(s) mentioned in this document do not constitute any research report nor should it be considered as an investment research, investment recommendation or advice to any reader of this content to buy or sell any stocks / investments.
Document intended for distribution in Indian jurisdiction only and not for outside India or to NRIs. HSBC AMC will not be liable for any breach if accessed by anyone outside India. For more details, visit Specialized Investment Funds – HSBC Asset Management India.
This document has been prepared by HSBC Asset Management (India) Private Limited (HSBC) for information purposes only with an intent to provide market overview and should not be construed as an offer or solicitation of an offer for purchase of any of the funds of HSBC Mutual Fund. All information contained in this document (including that sourced from third parties), is obtained from sources, which HSBC/ third party, believes to be reliable but which it has not been independently verified by HSBC/ the third party. Further, HSBC/ the third party makes no guarantee, representation or warranty and accepts no responsibility or liability as to the accuracy or completeness of such information. The information and opinions contained within the document are based upon publicly available information and rates of taxation applicable at the time of publication, which are subject to change from time to time. Expressions of opinion are those of HSBC only and are subject to change without any prior intimation or notice. It does not have regard to specific investment objectives, financial situation and the particular needs of any specific person who may receive this document. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies that may have been discussed or recommended in this report and should understand that the views regarding future prospects may or may not be realized. Neither this document nor the units of HSBC Mutual Fund have been registered in any jurisdiction. The distribution of this document in certain jurisdictions may be restricted or totally prohibited and accordingly, persons who come into possession of this document are required to inform themselves about, and to observe, any such restrictions.
This document is intended only for those who access it from within India and approved for distribution in Indian jurisdiction only. Distribution of this document to anyone (including investors, prospective investors or distributors) who are located outside India or foreign nationals residing in India, is strictly prohibited. Neither this document nor the units of HSBC Mutual Fund have been registered under Securities law/Regulations in any foreign jurisdiction. The distribution of this document in certain jurisdictions may be unlawful or restricted or totally prohibited and accordingly, persons who come into possession of this document are required to inform themselves about, and to observe, any such restrictions. If any person chooses to access this document from a jurisdiction other than India, then such person do so at his/her own risk and HSBC and its group companies will not be liable for any breach of local law or regulation that such person commits as a result of doing so.
© Copyright. HSBC Asset Management (India) Private Limited 2026, ALL RIGHTS RESERVED. HSBC Asset Management (India) Private Limited, 9-11 Floors, NESCO IT Park, Building no. 3, Western Express Highway, Goregaon (East), Mumbai – 400 063, India. Email: [email protected] | Website: https://www.assetmanagement.hsbc.co.in/en/redhex-sif
Investments in Specialized Investment Fund involves relatively higher risk including potential loss of capital, liquidity risk and market volatility. Please read all investment strategy related documents carefully before making the investment decision.
