360 ONE Mutual Fund
The asset management company – IIFL Wealth revamped itself to ‘360 ONE’ in 2022. Karan Bhagat, the founder, CEO, and MD of 360 ONE introduces the new name to emphasize the company’s holistic customer approach. The revamped brand name resembles their holistic approach (360) to resolve customers’ interests first (ONE).
Although the name is new, 360 ONE Mutual Fund is an experienced and highly recognized contender in the mutual fund industry. Headquartered in Mumbai, this AMC handled assets worth INR 4720,27 crore (as of 31 March 2023). With the option to invest in various diversified sectors, 360 ONE Mutual Fund stands out among the other AMCs in the nation.
Best 360 ONE Mutual Fund
Numerous products are offered by 360 ONE Asset Management Company Limited to meet a variety of personal investors’ demands. Various high-quality and high-conviction equities and other securities are included in the portfolio of IIFL mutual funds, allowing the fund managers to concentrate and offer investors higher risk-adjusted returns.
To relieve its fund managers from benchmarking restrictions and enable them to work freely and research-focused, it invented the idea of benchmark-agnostic mutual funds in India. To provide better risk-adjusted returns, the fund firm employs an exceptional combination of distinctively structured product offerings, focused choices, and active portfolio management.
360 ONE Mutual Fund Managers
How To Invest In 360 ONE Mutual Funds?
Investing in 360 ONE Mutual Fund is a simple and hassle-free process with 5Paisa. The process moves swiftly and is totally transparent. With a few clicks and at your convenience, invest in any 360 ONE fund and step forward toward your long-term savings goals. View More
You may get all relevant information about the funds online as well, allowing you to choose your funds with confidence. Nevertheless, here is a step-by-step guide on how to invest in 360 ONE Mutual Fund online at 5Paisa.
- Step 1: Navigate to the 5Paisa official website via your web browser. If you’re an existing 5Paisa user, simply log in. However, newbies must undergo a one-time registration process.
- Step 2: Submit the KYC documents that will serve as identification. Aadhaar, voter identification, a passport, and a driver’s license are acceptable standard KYC papers.
- Step 3: Upload the documents that prove your address. Besides the requisite KYC documents, 5Paisa also accepts utility bills and ration cards as address proof.
- Step 4: Check what investment terms and conditions fit your interests, budget, and needs. Choose investments for either long-term, mid-term, or short-term periods.
- Step 5: Decide what your risk tolerance is. As there are low-, medium-, and high-risk funds available, choose your risk tolerance accordingly.
- Step 6: Choose the 360 ONE Mutual Fund from the list of eligible AMC mutual funds based on your investment preferences.
- Step 7: Submit the investment form by selecting “Invest One Time” or “Start SIP.” The first option enables you to make a one-time investment of your choosing in an amount, while the second option launches a SIP portfolio in your name.
When you have finished these steps, your investment will appear on 5Paisa during the following 3–4 working days. This quick and easy online process makes sure that there are no dishonest practices taking place and that your investment is completely safeguarded.
Frequently Asked Questions
Can I buy direct mutual funds like the 360 ONE equity fund using 5Paisa?
Yes, you can invest not only in regular funds but also in direct mutual funds like the 360 ONE equity fund using the 5Paisa platform. AMCs directly sell direct mutual funds, and the broker is not compensated (in the form of commission) by the AMCs for these funds.
How can I invest in 360 ONE equity fund?
Direct purchases of mutual funds are possible through the fund house’s website. So, one can buy the 360 ONE Focused Equity Fund through the 360 ONE Mutual Fund website. Additionally, you can purchase this mutual fund via online platforms like 5Paisa. However, if purchasing mutual funds online makes you uneasy, a mutual fund distributor can be of assistance.
How do I find the best 360 ONE Mutual Fund for SIP in the debt fund category?
Under the debt category itself, 360 ONE Mutual Fund provides a number of subcategories. Knowing a debt fund can be difficult because a number of factors must be considered in tandem to assess whether a debt fund is appropriate for a portfolio.
But generally speaking, the best methods for choosing a debt fund for SIP depend on the following:
- Lending for a maximum of one year.
- The sensitivity of the fund to interest-rate movements.
- The credit quality of a fund’s portfolio
What are the fees or charges of a 360 ONE Mutual Fund?
The 360 ONE Mutual Fund’s fees and charges vary from fund to fund. The expense ratio, which is typically represented as a percentage of your total investment, is how one usually calculates expenses. The smaller the expense ratio, the better it is for an investment.
An actively managed fund has a higher expense ratio than a passively managed, index-tracking fund does in a 360 ONE Mutual Fund. Additionally, a fund’s Regular plan, which has a higher expense ratio due to the commissions paid to brokers and distributors, should be avoided by investors, who should instead participate in the Direct plan of a fund.
Can I stop or cancel my SIP in any 360 ONE Mutual Fund online?
Yes, you can cancel your SIP at any moment online by sending a simple request. You have three options for stopping or canceling your SIP: log in to the 360 ONE Mutual Funds website using your folio number, speak with your agent, or follow the instructions on the online investing platform where you made your contribution. The process is even simpler for people investing in 360 ONE Mutual fund SIP via 5Paisa.
What is the 360 ONE focused equity fund?
The 360 ONE Focused Equity Fund – Direct Plan always invests at least 65% of its assets in equity companies. It has a cap of 30 stocks in its portfolio due to its targeted investment approach. Flexi-cap funds are completely free to invest in businesses of all sizes, based on where the fund management team anticipates the greatest potential returns.
How can I redeem my 360 ONE Mutual Fund?
You can go to the closest fund house and fill out a form to redeem 360 ONE Mutual Funds offline. As an alternative, you can log in to the official website using their folio number and redeem your investment there. Additionally, clients can take their 360 ONE Mutual Fund investments out of any online platform (like 5Paisa) where they have made investments.
What are the prerequisites to invest in 360 One Funds via 5Paisa?
KYC verification is a must-do prerequisite before you invest in 360 ONE Mutual Funds via 5Paisa. You can finish this step while registering yourself on the 5Paisa platform. However, those wishing to invest in 360 One funds directly from its website must access a KYC registration agency website to create an account and accomplish this prerequisite.
Can I increase the SIP amount while investing in 360 ONE Mutual Fund?
Yes, you can use step-up or top-up SIPs to raise the amount of a 360 ONE Mutual Fund SIP. Earlier, only a small number of fund firms offered this service. Most of them do so now, though it is still a good idea to first check with the fund house. Experts advise using the Step-up Calculator to determine the SIP Amount if the facility is available before making any decisions.