360 ONE Balanced Hybrid Fund Direct Growth

Hybrid
Direct
Balanced Allocation
360 ONE Balanced Hybrid Fund Direct Growth

About the Fund

360 ONE Balanced Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 25 September, 2023. The fund is managed by Milan Mody, Mayur Patel. This fund gives you the benefit of diversification.

Key Parameters

  1. 360 ONE Balanced Hybrid Fund Direct Growth has ₹707 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

360 ONE Balanced Hybrid Fund Direct Growth has given a CAGR return of 23.42% since inception.

Holdings

360 ONE Balanced Hybrid Fund Direct Growth has allocated its funds majorly in Corporate, Government, Financial Services, Tech, Consumer Cyclical, Industrial, Communication, Cash Equivalent, Health, Basic Materials, Utilities, Energy.

Taxation

As it is a balanced allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of 360 ONE Balanced Hybrid Fund Direct Growth

The Investment Objective of the fund is to generate long term capital appreciation/income by investing in equity and debt instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. 360 ONE Balanced Hybrid Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
88 people have invested ₹ 11L in 360 ONE Balanced Hybrid Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.45%
Benchmark
Nifty 50 Hybrid Composite Debt 50:50
AUM₹707 Cr
Inception Date25 September, 2023
Min Lumpsum/SIP₹1000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 47.5%

  • Debt & Cash 52.5%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
22.9%
Tech
17.3%
Industrial
16.1%
Consumer Cyclical
14.4%
Communication
11.9%
Basic Materials
5.7%
Health
5.5%
Utilities
3.6%
Energy
2.7%
All changes are between Oct'69 and Dec'69

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
360 ONE Balanced Hybrid Fund Direct Growth
360 ONE Balanced Hybrid Fund Direct Growth
-
-
-
23.4%

Milan Mody
Milan Mody
Fund Manager of 360 ONE Balanced Hybrid Fund Direct Growth, since 3 October 2023
Top funds managed
Mayur Patel
Mayur Patel
Fund Manager of 360 ONE Balanced Hybrid Fund Direct Growth, since 3 October 2023
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
360 ONE Focused Equity Fund Direct Growth
22.83%
19.82%

360 ONE Balanced Hybrid Fund Direct Growth Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered returns of 23.42% since inception (25nd Sep 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 47.48% in Equity, 48.8% in Debt and 3.71% in Cash related instruments
AUM size ₹707 Cr

AUM size ₹707 Cr

This fund has AUM of ₹707 Cr which is less than its category average of ₹ 928 Cr
Expense Ratio 0.45%

Expense Ratio 0.45%

This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 1.77%

Frequently Asked Questions

The current NAV of 360 ONE Balanced Hybrid Fund Direct Growth is ₹12.33 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
360 ONE Balanced Hybrid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.68%
3.68%
6 Month Returns
14.55%
14.55%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.45% as on June 2024
₹707 Cr as on June 2024
7.1% Govt Stock 2029(5.34%), 7.06% Govt Stock 2028(4%), HDFC Bank Ltd(3.52%), Mindspace Business Parks Reit(3.34%), Small Industries Development Bank Of India(3.3%) as on June 2024
Corporate(30.84%), Government(17.96%), Financial Services(11.86%) as on June 2024
AAA
93.2
AA
6.8
Milan Mody, Mayur Patel are the fund managers of 360 ONE Balanced Hybrid Fund Direct Growth
The Exit load of 360 ONE Balanced Hybrid Fund Direct Growth is 1%