360 ONE Mutual Fund
360 ONE Mutual Fund
Introduction
360 ONE Mutual Fund was initially established in March 2011. It was formerly known as IIFL Wealth Mutual Fund. In 2022, the asset management company underwent a significant rebranding, adopting its current identity as "360 ONE Mutual Fund." This new name reflects its core philosophy: "360" symbolizes a holistic view of investments and client needs, while "ONE" emphasizes a customer-centric approach where client interests come first. Headquartered in Mumbai, 360 ONE Mutual Fund has quickly grown to be a significant player in the Indian mutual fund industry, offering a diverse range of investment solutions across various asset classes.
Fund Managers
360 ONE Mutual Fund boasts a team of experienced and qualified investment professionals who drive its fund management strategies. Key individuals contributing to their investment expertise include:
- Mr. Anup Maheshwari: Co-Founder & Chief Investment Officer (CIO)
- Mr. Mayur Patel: Fund Manager – Equity
- Mr. Milan Mody: Fund Manager – Debt
- Mr. Ashish Ongari: Fund Manager
- Mr. Rahul Khetawat: Fund Manager
- Mr. Rohit Vaidyanathan: Fund Manager
- Manumaharaj Saravanaraj: Fund Manager
This team brings extensive experience and a deep understanding of the markets to manage the fund house's diverse portfolio.
Scope and Investment Philosophy
The investment philosophy of 360 ONE Mutual Fund is rooted in its fundamental "V-A-L-U-E" principles, aiming to generate growth at reasonable prices while effectively managing risk. Its core scope and investment approach can be summarized as follows:
- Holistic and Data-Driven Approach: The fund house employs a hybrid, data-driven, and high-conviction investment strategy. This involves a comprehensive analysis to identify unique investment opportunities.
- Combined Top-Down and Bottom-Up Research: Their research and investment process utilize both a top-down approach to identify promising sectors and a bottom-up, fundamentals-based approach to select specific stocks within those sectors. A similar disciplined strategy is applied to debt investments, seeking to leverage the difference between market and intrinsic values of debt securities.
- Value-Oriented Investing: They actively seek investments that are available at a discount to their intrinsic value, with an aim to generate significant compounded returns.
- Risk Management: A robust risk matrix is integrated into their decision-making to evaluate every opportunity on a risk-adjusted basis. They also strategically deploy funds in debt markets to prioritize capital protection and liquidity.
- Concentrated Portfolios: Their portfolios are typically concentrated, thoroughly researched, and risk-adjusted, reflecting a high-conviction approach to their investment selections.
- Diversified Offerings: Beyond traditional mutual funds, their broader asset management services (360 ONE Asset) also encompass alternative investment funds (AIFs) and portfolio management services (PMS), with strategies spanning public and private equities, credit, fixed income, and real assets. They aim to provide solutions that allow sophisticated investors to participate in India's growth story.
360 ONE Mutual Fund strives to create risk-adjusted alpha for its clients by leveraging deep domain knowledge, strong understanding of the Indian markets, and an experienced investment team.
Here is a list of the funds offered by 360 ONE Mutual Fund, along with a brief explanation based on their categories:
- 360 ONE Quant Fund - Direct Growth
- Brief Explanation: This is an Equity Sectoral/Thematic fund. It likely uses quantitative models to select stocks within specific sectors or themes, aiming for growth.
- 360 ONE Focused Fund - Direct Growth
- Brief Explanation: An Equity Focused Fund, meaning it invests in a concentrated portfolio of a limited number of high-conviction equity stocks across market capitalizations.
- 360 ONE Dynamic Bond Fund - Direct Growth
- Brief Explanation: This is a Debt Dynamic Bond fund. It dynamically manages its portfolio duration based on interest rate views, investing across various debt and money market instruments.
- 360 ONE Liquid Fund - Direct Growth
- Brief Explanation: A Debt Liquid Fund. It invests in very short-term money market instruments, providing high liquidity and aiming for stable returns with low risk.
- 360 ONE Overnight Fund - Direct Growth
- Brief Explanation: A Debt Overnight Fund. It invests in debt and money market instruments with a maturity of one day, offering extreme liquidity and minimal interest rate risk.
- 360 ONE Balanced Hybrid Fund - Direct Growth
- Brief Explanation: This is a Hybrid Balanced Hybrid Fund. It invests in a mix of equity and debt instruments, aiming for both capital appreciation from equities and stability/income from debt.
- 360 ONE FlexiCap Fund - Direct Growth
- Brief Explanation: An Equity Flexi Cap Fund. This fund has the flexibility to invest across large-cap, mid-cap, and small-cap companies, allowing the fund manager to adapt to market opportunities.
- 360 ONE ELSS Tax Saver Nifty 50 Index Fund-Dir Growth
- Brief Explanation: An Other Passive ELSS (Equity Linked Savings Scheme). This is a tax-saving equity fund that passively tracks the Nifty 50 Index, meaning it invests in the same stocks and proportions as the index, while also offering tax benefits under Section 80C.
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