About us
RedHex SIF by HSBC Mutual Fund
RedHex SIF represents a focused approach to investing, shaped by strong on-ground presence in India and a deep understanding of local market dynamics. Designed for investors seeking more outcome-oriented and differentiated strategies, RedHex SIF combines disciplined investment processes with the flexibility required to navigate evolving market conditions. The offering is positioned to bridge traditional investment approaches with more specialized strategies, enabling portfolios to be constructed with greater precision and intent. RedHex SIF aims to provide investors access to thoughtfully designed solutions that reflect changing investor expectations while remaining anchored in transparency, governance, and suitability.
Features & investment strategy
- SIFs open doors to specialized asset classes and can be considered an intermediary between Portfolio Management Services (PMS) and mutual funds.
- This initiative aims to provide investors access to sophisticated investment strategies, such as long-short equity, derivative-based plans, which were previously available only through Alternative Investment Funds (AIFs) requiring a minimum investment of Rs 1 crore.
- Investors can participate with a lower minimum investment of Rs 10 lakh, making advanced investment opportunities more accessible. They seek to provide investors with a regulated investment product featuring higher risk-taking capabilities and a higher ticket size, aimed at curbing the proliferation of unregistered and unauthorized investment products.
- SIFs will offer unique features like upto 25% of the net assets in permissible exchange traded derivatives instruments for purposes beyond hedging and portfolio rebalancing, with risk classified into five levels (Risk Band 1 to 5) and monthly reviews. Hence, SEBI requires that only certified distributors be authorized to sell SIFs.
Leadership Team
Kailash Kulkarni
Chief Executive Officer and Associate Director
Venugopal Manghat
CIO Equity
Shriram Ramanathan
CIO Fixed Income
Padmanabhan Thirumangalathu
Chief Risk Officer
Sumesh Kumar
Head of Compliance Advisory
Ankur Thakore
Chief Business Officer
Ankur Banthiya
Head, Client Operations
Sujata Nikhil Gokhale
Head Product
Mittal Shah
Head of Finance
Romit Mufti
Head Human Resources
Key Personnel - Investment team
Venugopal Manghat
CIO Equity
Shriram Ramanathan
CIO Fixed Income
Neelotpal Sahai
Dir. Indian Equities & Head Offshore Advisory
Cheenu Gupta
Fund Management Equities
Gautam Bhupal
Fund Management Equities
Siddharth Vora
Fund Management Equities
Mahesh Chhabria
Fund Management Fixed Income
Praveen Ayathan
Fund Management Equities
Sonal Gupta
Fund Management - Offshore Fund of Funds
Asif Rizwi
Fund Management - Fixed Income
Abhishek Gupta
Fund Management Equities
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.