July 10, 2026
mayank
360 ONE Overnight Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 1,053.88 |
| NAV Bonus (Rs.) | — |
| NAV IDCW (Rs.) | 1,053.88 |
| Min. Investment (Rs.) | 5,000 |
| Min. SIP Investment (Rs.) | 1,000 |
| Min. No of Cheques | 6 |
| Benchmark | NIFTY 1D Rate Index |
| AUM Rs. | 1,137 Cr |
| (As on 31-May-2026) | |
| Expense | 0.08% |
| 1 Year Return (%) | — |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 5.39% |
Suitable For Which Investors?
Overnight funds are suitable for:
1. Parking emergency corpus or idle money for capital preservation
2. Earning slightly higher returns than savings bank account, with low volatility
3. Investment horizon of up to 1 year
Note:
• There is no guarantee of returns
• Not suitable for long-term wealth creation
Fund’s Investment Strategy:
The Scheme is to generate reasonable returns commensurate with low risk and providing high level of liquidity, through investments made in debt and money market securities having maturity of 1 business day.
Fund Manager:
1) Milan Mody
Education: Mr. Mody has done B.Com & MBA in Finance
Experience: Prior to joining 360 ONE Mutual Fund he has worked with ITI Mutual Fund, ZyFin Research Private Ltd, Sahara India Life Insurance Company Ltd, He was also associated with Darashaw and BRICS securities.
2) Viral Mehta
Education: B.COM, Chartered Accountant, CFA
Experience: Prior joining the 360 One AMC, he was associated with Aditya Birla Capital, Axis Bank, PPFAS Mutual Fund and Edelweiss Global Wealth.
Investment Details
| Min. Investment (Rs) | 5,000 |
| 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 | 0 |
Basic Details of 360 ONE Overnight Fund
| Fund House | 360 ONE Mutual Fund |
| Launch Date | 10-Jul-25 |
| Return Since Launch | 5.39% |
| Benchmark | NIFTY 1D Rate Index |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 1,137 Cr |
| (As on 31-May-2026) | |
| Base Expense Ratio | 0.08% |
| (As on 30-Jun-2026) | |
| Risk Grade | — |
| Return Grade | — |
360 ONE Overnight Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| 360 ONE Overnight Dir | 2.69 | 0.01 | 0.42 | 1.28 | 2.58 | — | — | — | — | — |
| Debt: Overnight | 2.65 | 0.01 | 0.42 | 1.27 | 2.53 | — | — | — | — | — |
| Rank within category | 3 | 7 | 27 | 13 | 3 | — | — | — | — | — |
| Number of funds in category | 38 | 39 | 38 | 38 | 38 | 37 | 33 | 27 | 16 | 2 |
Peer Comparison of 360 ONE Overnight 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 Overnight Dir | Unrated | — | — | — | 0.08 | 1,137 | 5.39 | — | 11M |
| Axis Overnight Dir | 5 out of 5 stars | 5.37 | 6.20 | 5.67 | 0.06 | 11,863 | 5.16 | — | 7Y 3M |
| Kotak Overnight Dir | 4 out of 5 stars | 5.36 | 6.18 | 5.64 | 0.06 | 6,260 | 5.16 | — | 7Y 5M |
| Tata Overnight Dir | 5 out of 5 stars | 5.37 | 6.20 | 5.65 | 0.05 | 3,895 | 5.15 | — | 7Y 3M |
| HSBC Overnight Dir | 4 out of 5 stars | 5.34 | 6.18 | 5.64 | 0.05 | 3,644 | 5.12 | — | 7Y 1M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 11 | 5 |
| Macaulay Duration (yrs) | 0.00 | — |
| Average Maturity (yrs) | 0.00 | — |
| Yield to Maturity (%) | 5.41 | 5.37 |
| Avg Credit Rating | AAA | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://www.360.one/asset-management/mutualfund/
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance: https://sahifund.com/category/nfos/
Quicklinks