360 One Asset Management Company is a subsidiary wholly owned by IIFL Limited. It is sponsored by 360 One Wealth Management Limited. The company was established in 1995 under the name of IIFL after the liberalisation era to take advantage of India’s emerging financial services market.
The AMC is headquartered in Mumbai and operates in all Indian states, as well as several global branches in Singapore, Canada, the USA, the UK, and UAE. 360 One Mutual Fund manages a total asset value of ₹6,205 crore as of February 2023 and provides seven schemes that cover various categories, consisting of three equity, two debt, and hybrid mutual funds that are not clearly defined.
The AMC provides diversified offshore and onshore asset management capabilities, with a portfolio of funds consisting of mutual funds, venture capital funds, and alternative investment funds that cover private and public equities, real estate, and fixed-income securities.
| Founding date | 23 March 2011 |
| AMC Incorporation date | 22 March 2010 |
| Headquarters in | Mumbai |
| Name of the sponsors | 360 One Wealth Management Limited |
| Trustee organisation | IIFL Trustee Limited (Formerly known as India Infoline Trustee Co. Ltd.) |
| MD and CEO | – |
| Chief Investment Officer | Mr Anup Maheshwari |
| Compliance Officer | Mr Jignesh Modi |
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Milan Mody
Fund Manager since Mar 2017 (7 years)
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Milan Mody did his MBA from Mumbai Education Trust - Institute of Management. He worked at Darashaw Securities, BRICS Securities, Sahara India Life Insurance Company, ZyFin Research and ITI Mutual Fund before joining IIFL Asset Management as the Fund Manager - Fixed Income.
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Prashasta Seth
Fund Manager since Nov 2016 (8 years)
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Prashasta Seth did his PGDM from Indian Institute of Management, Ahmedabad. He worked at JP Morgan, London before joining IIFL Mutual Fund.
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Parijat Garg
Fund Manager since Jan 1900 (124 years)
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Mr. Garg completed his B.Tech and M.Tech. in Computer Science and Engineering from IIT Bombay. He is also a CFA charter holder. Prior to joining IIFL Asset Management Limited (now named 360 One), he worked with Quadeye Securities LLP as a portfolio manager and Tower Research Capital (India) as a quantitative analyst.
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Mayur Patel
Fund Manager since Sep 2023 (1 year)
Using your Angel One account to invest in the 360 One Mutual Fund is simple. All you have to do is adhere to these instructions:
Step 1: Log in to your Angel One account using your registered mobile number. Validate the OTP and finally enter your MPIN.
Note: If you do not have a Demat account with Angel One, you can open one in a few minutes by fulfilling the KYC procedure and submitting the necessary documents.
Step 2: Determine the most-suited fund based on your needs and risk profile. You can evaluate each fund under the mutual fund section on the Angel One app. Things to consider at this stage are:
Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in. At this stage, consider the following:
You can learn more about each fund on the Angel One app.
Investing in 360 One Mutual Funds through Angel One is a streamlined, digitally enabled process. All you need to do is provide the following essential documents for a hassle-free KYC:
Angel One makes your KYC verification straightforward, ensuring swift access to 360 One Mutual Funds, whether you’re a new or returning investor. Our user-friendly platform is designed to help you achieve your financial goals. Your KYC process will be completed within 48-72 business hours, so you can start your mutual fund journey without delay.
| Name of the Fund | AUM (₹in crore) | Minimum Investment (₹) | CAGR 3Y (%) | CAGR 5Y (%) |
| 360 ONE Focused Equity Fund | 4437.65 | 1000 | 26.41 | 21.71 |
| 360 ONE Dynamic Bond Fund | 769.46 | 1500 | 5.92 | 6.91 |
| 360 ONE Liquid Fund | 502.89 | 1000 | 4.56 | 4.82 |
**All data as of October 4, 2023.
Selection Criteria: The funds chosen have demonstrated the highest Compound Annual Growth Rate (CAGR)
over the past 3 years.
This fund operates as a Focused Fund and manages assets worth ₹4,437.65 crore. The 360 ONE Focused Equity Fund primarily
concentrates its investments on a limited number of carefully chosen stocks, aiming for a focused portfolio. Its expense
ratio stands at 0.9%. Over the past 3 years, it has demonstrated a Compound Annual Growth Rate (CAGR) of 26.41%. The
minimum investment required to participate in this fund is ₹1,000.
The 360 ONE Dynamic Bond Fund is categorised as a Dynamic Bond Fund and manages assets worth ₹769.46 crore. This fund is
flexible in its approach, adjusting its bond holdings according to market conditions, with a focus on generating
returns. It maintains a low expense ratio of 0.27%. Over the past 3 years, it has achieved a CAGR of 5.92%. To enter
this fund, a minimum investment of ₹1500 is required.
Operated as a Liquid Fund, the 360 ONE Liquid Fund holds assets totalling ₹502.89 crores with an expense ratio of 0.2%.
This fund primarily invests in highly liquid, low-risk instruments, making it suitable for investors seeking short-term
liquidity and stability. Over the previous 3 years, it has yielded a CAGR of 4.56%. The minimum investment amount for
this fund is ₹1,000.
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