NAV : ₹ 12.475 as of 18 October, 2024
Fund size
Min SIP
Lumpsum
Launch date
Fund plan
Scheme type
Over the past
Disclaimer: Past performance is not an indicator of future returns
Inclusive of GST
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Mayur Patel
Sep 2023 - Present
Milan Mody
Sep 2023 - Present
Manumaharaj Saravanaraj
Jun 2024 - Present
360 ONE Mutual Fund
Total AUM: 9222.64Cr
In 2022, the asset management firm IIFL Wealth underwent a transformation and rebranded itself as '360 ONE.' Karan Bhagat, the founder, CEO, and MD, introduced this new name to highlight the company's comprehensive customer-centric approach. The updated brand reflects their holistic strategy (360) prioritizing customers' interests (ONE). Despite the recent name change, 360 ONE Mutual Fund is a well-established and widely recognized player in the mutual fund sector. Headquartered in Mumbai, this asset management company managed assets totaling INR 7629 crore as of December 2023.
Learn more about 360 ONE Mutual Fund
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of 360 ONE Balanced Hybrid Fund is ₹12.48
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of 360 ONE Balanced Hybrid Fund is ₹830.66 Cr.
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of 360 ONE Balanced Hybrid Fund is ₹1000
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of 360 ONE Balanced Hybrid Fund is 1.96%
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
The Exit load of 360 ONE Balanced Hybrid Fund is Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months..