360 ONE Flexicap Fund Direct Growth

360 ONE Flexicap Fund Direct Growth

Equity

Direct

Flexi Cap

NAV as on 05-12-2024

₹ 15.95

0.7%

1D

Inception Returns

38.2%

/yr

About 360 ONE Flexicap Fund Direct Growth

360 ONE Flexicap Fund Direct Growth is an equity fund. This fund was started on 30 June, 2023. The fund is managed by Mayur Patel. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. 360 ONE Flexicap Fund Direct Growth has ₹1148 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

360 ONE Flexicap Fund Direct Growth has given a CAGR return of 38.20% since inception. Over the last 1 year the fund has given a CAGR return of 39.88%.

Holdings

360 ONE Flexicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Communication, Health, Basic Materials, Utilities, Energy, Consumer Defensive. Its top holdings are HDFC Bank Ltd, Tata Motors Ltd, Dixon Technologies (India) Ltd, ICICI Bank Ltd, Cholamandalam Investment and Finance Co Ltd

Taxation

As it is a flexi cap mutual fund the taxation is as follows:
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
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of 360 ONE Flexicap Fund Direct Growth

The investment objective of the scheme is to generate long-term capital appreciation by primarily investing in equity and equity related securities across the entire market capitalization range and investing the remaining portion in debt and money market 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 Flexicap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
289 people have invested ₹ 1.1Cr in 360 ONE Flexicap Fund Direct Growth in the last three months

360 ONE Flexicap Fund Direct Growth Overview

Expense ratio0.4%
Benchmark
S&P BSE 500 India TR INR
AUM₹1148 Cr
Inception Date30 June, 2023
Min Lumpsum/SIP₹1000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
28.44%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (05-Dec-24)

Period
360 ONE Flexicap Fund Direct Growth
Nifty 500
flexi cap
1M
3%
2.6%
2.9%
3M
0.1%
-2%
-1.2%
6M
19.4%
10.6%
16.7%
1Y
39.9%
25.2%
29.4%

Fund Distribution

as on (31-Oct-24)

  • Equity 94.8%

  • Debt & Cash 5.2%

Large cap
40.2%

Mid cap
27.7%

Small cap
23.1%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
27.1%
Consumer Cyclical
18.5%
Industrial
16.5%
Tech
14.7%
Communication
7.8%
Health
6.5%
Basic Materials
4%
Utilities
2.6%
Energy
1.3%
Consumer Defensive
1.1%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-5.13%
2.31%
1.42%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -5.13% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 1.39% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 1.1K Cr
₹ 1.1K Cr
₹ 986.6 Cr
  • AUM of the fund stands at 1.1K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
Cummins India Ltd's allocation increased from 1.28% to 2.13%
Cummins India Ltd's allocation increased from 1.28% to 2.13%
Divi's Laboratories Ltd's allocation increased from 2.06% to 2.59%
Divi's Laboratories Ltd's allocation increased from 2.06% to 2.59%
SBI Cards and Payment Services Ltd Ordinary Shares's allocation increased from 0.99% to 1.4%
SBI Cards and Payment Services Ltd Ordinary Shares's allocation increased from 0.99% to 1.4%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 6.15 % to 6.02 %
HDFC Bank Ltd's allocation decreased from 6.15 % to 6.02 %
Tata Motors Ltd's allocation decreased from 4.22 % to 3.5 %
Tata Motors Ltd's allocation decreased from 4.22 % to 3.5 %
ICICI Bank Ltd's allocation decreased from 3.12 % to 2.99 %
ICICI Bank Ltd's allocation decreased from 3.12 % to 2.99 %
Small Cap allocation has gone down from 23.3% to 23.1%
Small Cap allocation has gone down from 23.3% to 23.1%
Mid Cap allocation has gone down from 27.7% to 27.7%
Mid Cap allocation has gone down from 27.7% to 27.7%
Large Cap allocation has gone down from 41.5% to 40.2%
Large Cap allocation has gone down from 41.5% to 40.2%
Cash allocation has gone up from 3.2% to 5.2%
Cash allocation has gone up from 3.2% to 5.2%

Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial

Oct'24
Financial Services
27%
Consumer Cyclical
18%
Industrial
16%
Sep'24
Financial Services
27%
Consumer Cyclical
18%
Industrial
17%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
53
50
50
Top 5 Company Concentration
18.6%
20.5%
20.9%
Company having highest exposure
HDFC Bank Ltd (6%)
HDFC Bank Ltd (6.1%)
HDFC Bank Ltd (6.2%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
84.5%
85%
84.4%
Sector having highest exposure
Financial Services (27.1%)
Financial Services (27.1%)
Financial Services (23.6%)
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Mayur Patel
Mayur Patel
Fund Manager of 360 ONE Flexicap Fund Direct Growth, since 30 June 2023
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
360 ONE Focused Equity Fund Direct Growth
17.77%
17.14%
Fund House
360 ONE Asset Management Limited
Total Schemes
Total AUM
₹12.22K Cr
as on 31-Oct-2024
Address
360 One Asset Management Limited,360 ONE Centre, 6th Floor, Kamala City, Senapati Bapat Marg,,Senapati Bapat Marg, Lower Parel,
Phone
022-48765600
Website
service@iiflmf.com

360 ONE Flexicap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

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

About the fund

This fund has delivered an average annual returns of 38.2% since inception which is more than its category average return of 20.14%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.81% in Equity, 0% in Debt and 5.19% in Cash related instruments
AUM size ₹1148 Cr

AUM size ₹1148 Cr

This fund has AUM of ₹1148 Cr which is less than its category average of ₹ 8775 Cr
Expense Ratio 0.4%

Expense Ratio 0.4%

This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 1.34%

Frequently Asked Questions for 360 ONE Flexicap Fund Direct Growth

The current NAV of 360 ONE Flexicap Fund Direct Growth is ₹15.95 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
360 ONE Flexicap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.95%
2.95%
6 Month Returns
19.43%
19.43%
1 Year Returns
39.88%
39.88%
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.
0.4% as on November 2024
₹1148 Cr as on November 2024
HDFC Bank Ltd(6.02%), Tata Motors Ltd(3.5%), Dixon Technologies (India) Ltd(3.08%), ICICI Bank Ltd(2.99%), Cholamandalam Investment and Finance Co Ltd(2.99%) as on November 2024
Financial Services(25.66%), Consumer Cyclical(17.54%), Industrial(15.61%) as on November 2024
The alpha ratio for the 360 ONE Flexicap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
360 ONE Flexicap Fund Direct Growth
11.05
-
-
As on November 2024
The alpha for 360 ONE Flexicap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the 360 ONE Flexicap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
360 ONE Flexicap Fund Direct Growth
0.95
-
-
As on November 2024
The Beta for 360 ONE Flexicap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the 360 ONE Flexicap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
360 ONE Flexicap Fund Direct Growth
2.18
-
-
As on November 2024
The sharpe ratio for 360 ONE Flexicap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the 360 ONE Flexicap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
360 ONE Flexicap Fund Direct Growth
12.99
-
-
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Mayur Patel is the fund manager of 360 ONE Flexicap Fund Direct Growth
The Exit load of 360 ONE Flexicap Fund Direct Growth is 1%