360 ONE Mutual Fund was set up in the year 2011 on 23rd March. It is led by a competent team of fund managers and executives carrying paramount experience in the Mutual fund domain.
Formerly, the 360 ONE Mutual Fund was called IIFL Wealth. The asset management company was rebranded in the year 2022. The fresh identity was revealed by Karan Bhagat, the Founder, MD and CEO of 360 One.
The new name is said to be a composition of 2 words wherein ‘360’ symbolises a ‘Holistic View’ and ‘ONE’ represents a ‘Customer Interest First’.
Headquartered in Mumbai, the 360 ONE Mutual Fund has been a significant member of the mutual fund segment. Currently, the asset managed under the AMC stands at ₹9037.40 crore (as of 31-Mar-2024).
360 ONE Mutual Fund is a notable part of the AMCs in the country, offering investors the opportunity to make their investments across diversified sectors.
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) |
|---|---|---|---|---|---|
360 ONE Focused Equity Fund | Equity | Very High | 41.4% | 4 | ₹7,009 |
360 ONE Dynamic Bond Fund | Debt | Moderately High | 7.2% | 4 | ₹710 |
360 ONE Liquid Fund | Debt | Low to Moderate | 7.2% | 2 | ₹720 |
360 ONE ELSS Tax Saver Nifty 50 Index Fund | Other | Very High | 26.4% | -- | ₹64 |
360 ONE ELSS Nifty 50 Tax Saver Index Fund | Equity | Very High | NA | -- | ₹46 |
360 ONE Quant Fund | Equity | Very High | 68.3% | -- | ₹175 |
| View All |
| Mutual fund name | 360 ONE Mutual Fund |
| Asset management company name | 360 ONE Asset Management Limited |
| AMC Setup Date | 23 March 2011 |
| AMC Incorporation Date | 22 March 2010 |
| Sponsor name | 360 ONE WAM Limited |
| Trustee organisation | 360 ONE Asset Trustee Limited (formerly known as IIFL Asset Trustee Limited) |
| CIO | Mr. A Pramod Kumar |
| MD and CEO | Mr. Karan Bhagat |
| Compliance Officer | Mr. Jignesh Modi |
| Investor Service Officer | Mr. Sushil Sharma |
— Registered with SEBI, AMFI & BSE
— Paperless sign up on web & app
— Expert recommendations
— ZERO fees !
Investing in 360 ONE Mutual Fund is a straightforward online process. It’s quick and completely transparent. You can invest in any fund of your choice with a few clicks at your own convenience. All information relating to the funds can be accessed online as well so that you can make an informed decision in your choice of funds.
Follow this step-by-step guide to investing in 360 ONE Mutual Fund online.
Step 1: Go to the Groww website on your browser. Existing users can log in, while new users have to complete a one-time registration process.
Step 2: Submit your KYC documents to prove your identity. Standard KYC documents such as Aadhaar, Voter ID, Passport, and Driving Licence should suffice.
Step 3: Upload your address proof documents. Ration card and utility bills (telephone, electricity, water, etc.) are also valid along with relevant KYC documents.
Step 4: Select the investment tenure you are comfortable with. It can be short term, mid-term or long term.
Step 5: Select your risk appetite. You can choose between low, medium and high-risk funds.
Step 6: Select the 360 ONE Mutual Fund you want to invest in from a list of available funds according to your preferences.
Step 7: Complete the investment procedure by clicking on either ‘Invest One Time’ or ‘Start SIP’. The first option will allow you to make a one-time investment of the amount of your choice, while the latter will start a SIP portfolio in your name.
Once you are through with these steps, the investment shall reflect on your Groww account within the next 3-4 working days. This simple yet secure online procedure makes sure that there are no fraudulent practices and your investment is entirely safe.
1) Mr Mayur Patel
Before becoming a part of the 360 ONE Mutual Fund, Mr Mayur Patel managed equity portfolios of MIP Fund at DSP BlackRock Investment Managers and DSP BlackRock Equity Savings Fund. He also served as a Lead Analyst at Spark Capital, CRISIL, and Tata Motors.
2) Mr Milan Mody
Mr Milan Mody carries immense experience in fund management. Before joining 360 ONE Mutual Fund, he worked with ITI Mutual Fund, ZyFin Research Private, Darashaw, BRICS securities, Sahara India Life Insurance Company Ltd, etc.
He is a Bachelor of Commerce and an MBA in Finance.
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Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 22.77% & 23.3%. The 360 ONE Focused Equity Fund comes under the Equity category of IIFL Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for 360 ONE Focused Equity Fund is ₹1,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹7,009Cr |
| 1Y Returns | 41.4% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.13% & 6.88%. The 360 ONE Dynamic Bond Fund comes under the Debt category of IIFL Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for 360 ONE Dynamic Bond Fund is ₹10,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹10,000 |
|---|---|
| AUM | ₹710Cr |
| 1Y Returns | 7.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.52% & 4.89%. The 360 ONE Liquid Fund comes under the Debt category of IIFL Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for 360 ONE Liquid Fund is ₹5,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹720Cr |
| 1Y Returns | 7.2% |
Fund Performance: The 360 ONE ELSS Tax Saver Nifty 50 Index Fund comes under the Other category of IIFL Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for 360 ONE ELSS Tax Saver Nifty 50 Index Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹64Cr |
| 1Y Returns | 26.4% |
Fund Performance: The 360 ONE ELSS Nifty 50 Tax Saver Index Fund comes under the Equity category of IIFL Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for 360 ONE ELSS Nifty 50 Tax Saver Index Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹46Cr |
| 1Y Returns | NA |
Fund Performance: The 360 ONE Quant Fund comes under the Equity category of IIFL Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for 360 ONE Quant Fund is ₹1,000 and for SIP, it is ₹1,000.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹175Cr |
| 1Y Returns | 68.3% |
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