360 ONE Flexicap Fund Direct Growth

Equity
Direct
Flexi Cap
360 ONE Flexicap Fund Direct Growth

About the Fund

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 ₹742 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 Flexicap Fund Direct Growth has given a CAGR return of 51.54% since inception. Over the last 1 year the fund has given a CAGR return of 52.64%.

Holdings

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

Fund Performance
zero opening, trading, fund transfer fee
166 people have invested ₹ 13.4L in 360 ONE Flexicap Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.45%
Benchmark
S&P BSE 500 India TR INR
AUM₹742 Cr
Inception Date30 June, 2023
Min Lumpsum/SIP₹1000/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 94.3%

  • Debt & Cash 5.7%

Large cap
45.6%

Mid cap
28.7%

Small cap
20%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
27%
Consumer Cyclical
17.4%
Tech
15.2%
Industrial
13.8%
Communication
9.7%
Health
6.1%
Basic Materials
5.7%
Utilities
3.2%
Energy
2%
All changes are between Apr'24 and Jun'24

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
22.46%
19.54%

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 51.54% since inception which is more than its category average return of 21.91%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.3% in Equity, 0% in Debt and 5.7% in Cash related instruments
AUM size ₹742 Cr

AUM size ₹742 Cr

This fund has AUM of ₹742 Cr which is less than its category average of ₹ 8258 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 1.35%

Frequently Asked Questions

The current NAV of 360 ONE Flexicap Fund Direct Growth is ₹15.47 as on 16-Jul-2024.
Existing (Absolute + CAGR) as on 16-Jul-2024.
360 ONE Flexicap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.63%
4.63%
6 Month Returns
24.74%
24.74%
1 Year Returns
52.64%
52.64%
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
₹742 Cr as on June 2024
HDFC Bank Ltd(7.41%), Tata Motors Ltd(4.73%), ICICI Bank Ltd(4.3%), Indus Towers Ltd Ordinary Shares(3.68%), Dixon Technologies (India) Ltd(3.67%) as on June 2024
Financial Services(25.43%), Consumer Cyclical(16.37%), Tech(14.29%) as on June 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
8.75
-
-
As on June 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
1.02
-
-
As on June 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
2.79
-
-
As on June 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
12.85
-
-
As on June 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%