Which is Better: Hybrid Long-Short Fund – Apex SIF vs RedHex SIF?

Both funds follow the Hybrid Long-Short Fund strategy — same category, different fund house.

Apex Hybrid Long-Short Fund-Direct GrowthRedHex Hybrid Long-Short Fund - Direct - Growth
AMCApex SIFRedHex SIF
StrategyHybrid Long-Short FundHybrid Long-Short Fund
StructureInterval Fund SchemesInterval Fund Schemes
Plan / OptionDirect / GrowthDirect / Growth
Latest NAV₹10.7827₹10.2254
1-Day Change +0.06% +0.22%
1-Week Change +0.68% +0.46%
1-Month Change +1.59% +0.89%
1-Quarter Change +6.76% - (not enough history)
1-Year Change - (not enough history) - (not enough history)
Since-InceptionCAGR once ≥1yr old, else absolute return +7.61%
Absolute · 157d
+2.04%
Absolute · 70d
All-Time High / Low ₹10.7923 / ₹10.0200
since 30 Mar 2026
₹10.2254 / ₹10.0213
since 25 Jun 2026
Minimum Investment₹10,00,000 for both (SEBI-mandated SIF minimum, PAN-level per AMC)
Average AUM ₹2,281.51 lakh
April - June 2026
₹2,707.94 lakh
April - June 2026
Expense Ratio (TER) Not yet available 1.52%
Fund Manager Not yet available Not yet available
Benchmark Not yet available NIFTY 50 Hybrid Composite Debt 50:50 Index
Risk Level Not yet available Level 2
Comparisons are based on NAV data only. Fund manager, AUM, expense ratio, and portfolio composition are not part of the daily NAV feed — check each fund's Scheme Information Document (SID) for those details. Trailing returns use the NAV on the closest available trading day to each period's start date, and show "-" when a fund's history doesn't yet reach back that far.