Which is Better: Hybrid Long-Short Fund – Magnum SIF vs RedHex SIF?
Both funds follow the Hybrid Long-Short Fund strategy — same category, different fund house.
| Magnum Hybrid Long Short Fund - Direct Plan - Growth | RedHex Hybrid Long-Short Fund - Direct - Growth | |
|---|---|---|
| AMC | Magnum SIF | RedHex SIF |
| Strategy | Hybrid Long-Short Fund | Hybrid Long-Short Fund |
| Structure | Interval Fund Schemes | Interval Fund Schemes |
| Plan / Option | Direct / Growth | Direct / Growth |
| Latest NAV | ₹10.5939 | ₹10.2254 |
| 1-Day Change | +0.06% | +0.22% |
| 1-Week Change | -0.40% | +0.46% |
| 1-Month Change | +0.05% | +0.89% |
| 1-Quarter Change | +3.23% | - (not enough history) |
| 1-Year Change | - (not enough history) | - (not enough history) |
| Since-InceptionCAGR once ≥1yr old, else absolute return |
+5.56%
Absolute · 309d
|
+2.04%
Absolute · 70d
|
| All-Time High / Low |
₹10.6474 / ₹9.9934
since 29 Oct 2025
|
₹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 | ₹1,74,995.47 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.