360 ONE Mutual Fund started on 23rd March 2011. It is handled by competent and expert fund managers.
It was previously IIFL Wealth. It was renamed as 360 ONE Mutual Fund in 2022. The Founder, MD, and CEO, Karan Bhagat, made this announcement.
The significance of the name:
"360" refers to seeing things in a holistic manner.
"ONE" stands for keeping the customer fast.
It has a head office in Mumbai. On 31st March 2024, it was dealing with approximately Rs 9037.40 crore. The fund house assists individuals in investing in various industries in India.
Mutual Fund name | 360 ONE Mutual Fund |
Asset Management Company Name | 360 ONE Asset Management Limited |
AMC Setup Date | 23rd March, 2011 |
AMC Incorporation Date | 22nd March, 2010 |
Sponsor name | 360 ONE WAM Limited |
Trustee organisation | 360 ONE Asset Trustee Limited (formerly known as IIFL Asset Trustee Limited) |
CIO | Mr. A Pramod Kumar |
MD and CEO | Mr. Karan Bhagat |
Compliance Officer | Mr. Jignesh Modi |
Investor Service Officer | Mr. Sushil Sharma |
It is very simple and secure to invest. You can invest online by following these steps:
Sign up or log in on any reputable mutual fund investment website.
Provide KYC documents such as Aadhaar, Voter ID, Passport, or Driving Licence.
Upload proof of address, such as a ration card, electricity bill, water bill, or phone bill.
Select investment time – short term, medium term, or long term.
Select your risk level – low, medium, or high.
Select a 360 ONE Mutual Fund scheme that suits your preference.
Select how to invest:
One-Time Investment: Invest a lump sum amount.
SIP (Systematic Investment Plan): Invest small amounts each month.
Your investment will reflect in your account within 3–4 working days.
1) Mr Mayur Patel
Managed equity funds in DSP BlackRock.
Worked as Lead Analyst at Spark Capital, CRISIL, and Tata Motors.
2) Mr Milan Mody
Worked with ITI Mutual Fund, ZyFin Research, Darashaw, BRICS Securities, and Sahara Life Insurance.
Has a B.Com degree and an MBA in Finance.
Fund Name | Category | Min Investment Amt | AUM | 1Y Returns | Min. SIP |
360 ONE Focused Fund Direct Growth | Equity | Rs 1,000 | Rs 7,264 Cr | -3.3% | Rs 1,000 |
360 ONE Dynamic Bond Fund Direct Growth | Debt | Rs 10,000 | Rs 648Cr | 8.7% | Rs 1,000 |
360 ONE Liquid Fund Direct Growth | Debt | Rs 5,000 | Rs 910Cr | 6.8% | Rs 1,000 |
360 ONE Quant Fund Direct Growth | Equity | Rs 1,000 | Rs 764Cr | -1.9% | Rs 1,000 |
360 ONE ELSS Tax Saver Nifty 50 Index Fund Direct Growth | Equity | Rs 500 | Rs 86Cr | 0.4% | Rs 500 |
Q1. What is 360 ONE Mutual Fund?
It is an investment firm through which individuals invest in various funds to obtain returns.
Q2. Do I need to invest a lot of money?
Yes, you can begin with as little as Rs 500 under certain schemes.
Q3. Is 360 ONE Mutual Fund safe?
Yes, it is regulated and registered; thus, your investment is transparent and safe.
Q4. What is SIP?
SIP stands for Systematic Investment Plan. You invest a specific amount monthly.
Q5. Who is the manager of the 360 ONE Mutual Fund?
It is overseen by qualified fund managers such as Mr Mayur Patel and Mr Milan Mody.