December 6, 2023
mayank
360 ONE Liquid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Table of Contents:
- What is the Current NAV?
- Suitable For Which Investors?
- What is Fund’s Investment Strategy?
- Who is the fund Manager?
- What is investment Details?
- What is Basic Details?
- What is Trailing Returns (%)?
- Peer Comparison of Funds?
- Should You Invest in this Fund?
- Invest Online
Suitable For Which Investors?
Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.
Fund’s Investment Strategy:
The scheme seeks to provide liquidity with reasonable returns in commensuration with low risk through a portfolio of money market and debt securities with residual maturity of up to 91days.
Fund Manager:
1) Milan Mody
Education: Mr. Mody has done B.Com & MBA in Finance
Experience: Prior to joining ITI Mutual Fund he has worked with ZyFin Research Private Ltd, Sahara India Life Insurance Company Ltd, He was also associated with Darashaw and BRICS securities.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1,000 |
| Exit Load | Exit load of 0.0070% if redeemed within 1 day |
| 0.0065% if redeemed within 2 days | |
| 0.0060% if redeemed within 3 days | |
| 0.0055% if redeemed within 4 days | |
| 0.0050% if redeemed within 5 days | |
| 0.0045% if redeemed within 6 days. |
Basic Details of 360 ONE Liquid Fund
| Fund House | 360 ONE Mutual Fund |
| Launch Date | 13-Nov-13 |
| Return Since Launch | 6.10% |
| Benchmark | CRISIL Liquid Debt B-I Index |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 505 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.20% |
| (As on 31-Oct-2023) | |
| Risk Grade | — |
| Return Grade | Below Average |
360 ONE Liquid Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| 360 ONE Liquid Dir | 6.43 | 0.02 | 0.56 | 1.70 | 3.40 | 6.91 | 4.80 | 4.83 | 5.31 | 6.08 |
| CCIL T Bill Liquidity Weight | 4.00 | 0.02 | 0.31 | 1.07 | 2.13 | 4.37 | 2.92 | 3.28 | 3.49 | 4.04 |
| Debt: Liquid | 6.49 | 0.02 | 0.57 | 1.71 | 3.44 | 7.00 | 4.97 | 5.22 | 5.72 | 6.53 |
| Rank within category | 28 | 20 | 31 | 31 | 29 | 28 | 31 | 30 | 28 | 28 |
| Number of funds in category | 35 | 36 | 36 | 36 | 35 | 35 | 34 | 31 | 30 | 29 |
Peer Comparison of 360 ONE Liquid 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 | |
| 360 ONE Liquid Dir | 2 star | 6.91 | 4.80 | 4.83 | 0.20 | 505 | 6.10 | 0.01 (1) | 10Y |
| ABSL Liquid Dir | 5 star | 7.15 | 5.05 | 5.33 | 0.21 | 39,102 | 6.87 | 0.01 (1) | 10Y 11M |
| Axis Liquid Dir | 4 star | 7.09 | 5.03 | 5.28 | 0.17 | 28,221 | 6.83 | 0.01 (1) | 10Y 11M |
| UTI Liquid Dir | 4 star | 7.09 | 5.03 | 5.27 | 0.18 | 22,049 | 6.79 | 0.01 (1) | 10Y 11M |
| Mirae Asset Cash Management Dir | 4 star | 7.08 | 5.04 | 5.27 | 0.12 | 11,788 | 6.65 | 0.01 (1) | 10Y 11M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 19 | 62 |
| Macaulay Duration (yrs) | 0.10 | 0.09 |
| Average Maturity (yrs) | 0.10 | 0.09 |
| Yield to Maturity (%) | 7.14 | 7.11 |
| Avg Credit Rating | AAA | — |
How to Invest in 360 ONE Liquid Fund?
Chanakya’s Mutual Fund Guidance For 360 ONE Liquid Fund
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