March 31, 2026
RA Jainee
360 ONE FlexiCap Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 14.08 |
| NAV Bonus (Rs.) | — |
| NAV IDCW (Rs.) | 14.08 |
| Min. Investment (Rs.) | 1,000 |
| Min. SIP Investment (Rs.) | 1,000 |
| Min. No of Cheques | 6 |
| Benchmark | BSE 500 TRI |
| AUM Rs. | 2,011 Cr |
| (As on 28-Feb-2026) | |
| Expense | 0.48% |
| 1 Year Return (%) | -1.92 |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 13.30% |
⚖️ Sahifund Review – 360 ONE Flexicap Fund ✔
PLUS: Low cost, balanced portfolio, decent launch-phase stability
✓ 360 ONE FlexiCap Fund stands out for its very competitive expense ratio of 0.48%, which is a clear advantage in the flexi-cap category.
✓ The fund has delivered a reasonably stable start since launch, with 13.30% return since inception, showing it has managed market volatility fairly well.
✓ Portfolio diversification looks healthy with 48 stocks, reducing over-concentration risk while still allowing active bets.
✓ Allocation across large, mid and small caps is well balanced, making it suitable for investors looking for a broad-based long-term wealth creation strategy.
✓ Backed by a credible AMC and a flexible mandate, it can work as a SIP-friendly diversified equity option for patient investors.
MINUS: Weak recent momentum, no long-term record, average category standing
⚖️ The fund has underperformed many leading flexi-cap peers on 1-year return, with -1.92% and a relatively weak category rank.
⚖️ Since it is still a young fund, there is no 3-year or 5-year performance history yet to establish consistency across market cycles.
⚖️ Turnover at 51% is moderate-to-high, which suggests active churn and may increase portfolio volatility.
⚖️ While the structure is sound, it currently looks more like an average performer than a category leader, especially versus established names like HDFC and Parag Parikh.
Sahifund View (Decisive Line):
360 ONE FlexiCap Fund is a low-cost and well-structured SIP option, but for now it looks more suitable for gradual accumulation than aggressive core allocation.
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| NFO Guidance |
What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.
Suitable For Which Investors?
Flexi-cap funds are suitable for investors:
1. Seeking exposure in a diversified set of stocks for high returns
2. Aiming for long-term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
Fund’s Investment Strategy:
The scheme seeks 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.
Fund Manager:
1) Mayur Patel
Education: Mr. Patel is a Chartered Accountant & CFA
Experience: Prior to joining 360 ONE Mutual Fund (formerly known as IIFL Mutual Fund), he managed equity portfolios of DSP BlackRock Equity Savings Fund and MIP Fund at DSP BlackRock Investment Managers, Spark Capital as Lead Analyst, Tata Motors and CRISIL.
2) Ashish Ongari
Education: Mr. Ongari has done B.Tech from NITK, Surathkal
Experience: Prior to joining 360 One Mutual Fund, he has worked as a trader at Capitalmind and a quant analyst at Investmint.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 365 days |
Basic Details of 360 ONE FlexiCap Fund
| Fund House | 360 ONE Mutual Fund |
| Launch Date | 30-Jun-23 |
| Return Since Launch | 13.30% |
| Benchmark | BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets (Rs.) | 2,011 Cr |
| (As on 28-Feb-2026) | |
| Expense | 0.48% |
| (As on 28-Feb-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 51.00% |
360 ONE FlexiCap Fund Returns
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| 360 ONE Flexicap Dir | -11.00 | -1.94 | -8.82 | -10.74 | -8.20 | -1.92 | — | — | — | — |
| BSE 500 TRI | -11.93 | -2.10 | -9.30 | -11.58 | -7.40 | -1.25 | — | — | — | — |
| Equity: Flexi Cap | -10.84 | -2.02 | -8.73 | -10.72 | -7.34 | -0.51 | — | — | — | — |
| Rank within category | 60 | 42 | 54 | 51 | 79 | 71 | — | — | — | — |
| Number of funds in category | 115 | 120 | 118 | 114 | 109 | 97 | 74 | 58 | 45 | 36 |
Peer Comparison of 360 ONE FlexiCap Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| 360 ONE Flexicap Dir | Unrated | -1.92 | — | — | 0.48 | 2,011 | 13.30 | 1.00 (365) | 2Y 9M | 51.00 |
| Parag Parikh Flexi Cap Dir | 5 star | 0.00 | 18.12 | 16.98 | 0.63 | 1,34,253 | 18.28 | 2.00 (365) | 12Y 10M | 15.37 |
| HDFC Flexi Cap Dir | 5 star | 1.23 | 19.90 | 19.50 | 0.70 | 1,00,455 | 15.68 | 1.00 (365) | 13Y 2M | 9.45 |
| SBI Focused Dir | 4 star | 5.71 | 17.47 | 14.15 | 0.73 | 43,311 | 14.84 | 0.25 (30) | 13Y 2M | 33.00 |
| HDFC Focused Dir | 5 star | 0.69 | 19.66 | 21.01 | 0.63 | 27,136 | 14.57 | 1.00 (365) | 13Y 2M | 10.36 |
360 ONE FlexiCap Fund Portfolio
| No. of Stocks | 48 |
| Top 10 Stocks | 37.90% |
| Top 5 Stocks | 20.84% |
| Top 3 Sectors | 68.74% |
| Portfolio P/B Ratio | 4.53 |
| Portfolio P/E Ratio | 28.87 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,47,303 | 1,80,281 |
| Giant (%) | — | — |
| Large (%) | 63.93 | 62.49 |
| Mid (%) | 20.11 | 21.89 |
| Small (%) | 15.96 | 15.99 |
| Tiny (%) | — | — |
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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