This is the Direct plan of 360 ONE Liquid Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Scorecard
★☆☆☆☆1/5 vs 36 of 43 Liquid Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Liquid Fund (same plan and option). 36 of the 43 Liquid Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +6.75% · ranks 31 of 36 Liquid Funds
Volatility 0.2% vs 0.2% category avg
0.2% expense vs 0.1% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- Ranks #35 of 41 on 1-year return in its Liquid Fund cohort
- More volatile than its Liquid Fund peers (0.2% vs 0.2%)
- High expense ratio (0.23%) vs the Liquid Fund average of 0.14%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Liquid Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.47% | +0.45% | +0.02% |
| 3M abs | +1.52% | +1.53% | -0.01% |
| 6M abs | +3.15% | +3.23% | -0.08% |
| 1Y CAGR | +6.29% | +6.41% | -0.12% |
| 3Y CAGR | +6.75% | +6.88% | -0.13% |
| 5Y CAGR | +6.21% | +6.33% | -0.12% |
Category average across peers in Liquid Fund (up to 43 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 43 peers in Liquid Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into 360 ONE Liquid Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +4.87% | |
| 2025 | +6.41% | |
| 2024 | +7.25% | |
| 2023 | +7.00% | |
| 2022 | +4.73% | |
| 2021 | +3.05% | |
| 2020 | +3.48% | |
| 2019 | +5.98% | |
| 2018 | +6.89% | |
| 2017 | +6.25% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Debt91.24%
- Cash & Equivalents8.76%
Cash & cash-like: 24.70% — the 8.76% above plus treasury bills, certificates of deposit, commercial paper and TREPS, which the allocation files under Debt but the market counts as cash-equivalent.
Fund size over time
Quarterly average AUM · AMFIDown +17% from its peak of ₹1,218Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
360 ONE Mutual Fund is the asset management arm of 360 ONE WAM, the wealth and asset manager that was branded IIFL Wealth until its 2023 rename. Its schemes carried the IIFL name before that, and the house runs a compact, concentrated equity line-up aimed at long-horizon investors.
Fund Managers
MMMilan ModyManaging since 02 Mar 2021
Manager - Debt
MBA Finance
Mr. Milan Mody has over 20 years of work experience in the Fixed Income market. Prior to joining 360 ONE Asset Management Limited, he was associated with ITI Balanced Asset Management Limited as Fixed Income Fund Manager for three years. His previous experience includes working with Darashaw, Birla Sun-life Securities, (debt portion) Sahara Life Insurance and Zyin Research Pvt. Ltd. Mr. Mehta has a comprehensive
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
360 One in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
360 ONE Dynamic Term Fund Regular-Growth
The Economic Times · 4d ago
360 ONE Dynamic Term Fund Regular-IDCW Quarterly
The Economic Times · 4d ago
360 ONE Dynamic Term Fund Regular-IDCW Half Yearly
The Economic Times · 4d ago
360 ONE Dynamic Term Fund Direct-IDCW Quarterly
The Economic Times · 4d ago
360 One Dynamic Term Fund-Growth
Alice Blue · 8d ago
BSE 500 TRI - 25% + NIFTY Composite Debt Index - 45% + Domestic prices of Gold and Silver (30%) - Benchmark Returns & Mutual Funds
Multibagg AI · 10d ago
Jamna Auto Industries Share Price: Promoters Sell 5%
Univest · 20d ago
Motherson Sumi Wiring India Ltd. Shareholding Pattern – Promoters, FIIs & DIIs
Value Research · 04 Sep 2026
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Liquid funds
Liquid funds invest in very short-term debt (maturing within 91 days). They're used to park money for days or weeks — low risk and easy to redeem, but low return too.
Frequently asked questions
What is the NAV of 360 ONE Liquid Fund?
As of 05 Oct 2026, the NAV of 360 ONE Liquid Fund is ₹2,182.23 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has 360 ONE Liquid Fund delivered?
360 ONE Liquid Fund has returned +6.29% over 1 year, +6.75% per year over 3 years, +6.21% per year over 5 years and +6.24% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of 360 ONE Liquid Fund?
360 ONE Liquid Fund charges an expense ratio of 0.23% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of 360 ONE Liquid Fund?
360 ONE Liquid Fund's largest holdings are IndusInd Bank Limited (22/09/2026) (7.9%), NTPC Limited (09/10/2026) (7.9%), HDFC Bank Limited (13/11/2026) (7.8%), 91 Days Tbill (MD 17/09/2026) (7.1%) and 182 Days Tbill (MD 03/09/2026) (4.1%). Holdings are disclosed monthly and change over time.
How risky is 360 ONE Liquid Fund?
360 ONE Liquid Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.2% and its worst peak-to-trough fall in our sample was -0.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of 360 ONE Liquid Fund?
360 ONE Liquid Fund is benchmarked against the CRISIL Liquid Debt A-I Index. Its alpha and beta on this page are measured against that index.
Who manages 360 ONE Liquid Fund?
360 ONE Liquid Fund is managed by Milan Mody at 360 One.
How is 360 ONE Liquid Fund taxed?
360 ONE Liquid Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.