360 ONE ELSS Tax Saver Nifty 50 Index Fund
This is the Regular plan of 360 ONE ELSS Tax Saver Nifty 50 Index Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★☆☆3/5 vs 174 of 373 Index Funds 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 Index Funds (same plan and option). 174 of the 373 Index Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +5.21% · ranks 149 of 174 Index Funds
Volatility 13.2% vs 12.3% category avg
0.6% expense vs 1.0% 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
- Low expense ratio (0.62%) vs the Index Funds average of 0.96%
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- Trails the Index Funds average on 1M/3M/6M/1Y — 1Y by 8.61pp
- 3-year return (+5.21%) trails the Index Funds average (+8.55%)
- Ranks #270 of 322 on 1-year return in its Index Funds cohort
- Weaker risk-adjusted returns — Sharpe -0.10 below the Index Funds average of 0.33
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Index Funds)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -6.73% | -4.54% | -2.19% |
| 3M abs | -6.35% | -2.98% | -3.37% |
| 6M abs | -0.57% | +5.27% | -5.84% |
| 1Y CAGR | -9.08% | -0.47% | -8.61% |
| 3Y CAGR | +5.21% | +8.55% | -3.34% |
| 5Y CAGR | — | +8.02% | — |
Category average across peers in Index Funds (365 of 373 carry a figure for at least one period), 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 373 peers in Index Funds
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
36 monthly installments of ₹10,000 into 360 ONE ELSS Tax Saver Nifty 50 Index 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 | Nifty 50 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -13.57% | -12.85% | -0.72% | |
| 2025 | +11.26% | +11.97% | -0.71% | |
| 2024 | +9.50% | +10.16% | -0.66% | |
| 2023part | +19.72% | — | — |
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; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
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- Equity99.61%
- Cash & Equivalents0.39%
Fund size over time
Quarterly average AUM · AMFIDown +11% from its peak of ₹77.92Cr 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
VMViral MehtaManaging since 30 Jun 2026
B.COM, Chartered Accountant, CFA
understanding of both Credit and Equity domains. He has spent half of his career in Credit roles with Aditya Birla Capital and Axis Bank, gaining deep insights into credit appraisal. The other half of his journey has been focused on Equity Research with PPFAS Mutual Fund and Edelweiss Global Wealth, where he developed his analytical skills in evaluating businesses, financial modelling, and investment thesis development. This diverse experience across Credit and Equity has enabled him to build a holistic perspective of financial markets, bridging the analytical rigor of credit assessment with the strategic foresight required for equity investing.
PMPranav MiseManaging since 07 Aug 2026
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
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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 Index funds & ETFs
Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.
Frequently asked questions
What is the NAV of 360 ONE ELSS Tax Saver Nifty 50 Index Fund?
As of 01 Oct 2026, the NAV of 360 ONE ELSS Tax Saver Nifty 50 Index Fund is ₹12.65 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has 360 ONE ELSS Tax Saver Nifty 50 Index Fund delivered?
360 ONE ELSS Tax Saver Nifty 50 Index Fund has returned -9.08% over 1 year, +5.21% per year over 3 years and +6.38% 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 ELSS Tax Saver Nifty 50 Index Fund?
360 ONE ELSS Tax Saver Nifty 50 Index Fund charges an expense ratio of 0.62% 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 ELSS Tax Saver Nifty 50 Index Fund?
360 ONE ELSS Tax Saver Nifty 50 Index Fund's largest holdings are HDFC Bank Limited (9.8%), ICICI Bank Limited (9.4%), Reliance Industries Limited (7.8%), Bharti Airtel Limited (4.9%) and Larsen & Toubro Limited (4.3%). Holdings are disclosed monthly and change over time.
How risky is 360 ONE ELSS Tax Saver Nifty 50 Index Fund?
360 ONE ELSS Tax Saver Nifty 50 Index Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.2% and its worst peak-to-trough fall in our sample was -15.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of -0.10 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. 360 ONE ELSS Tax Saver Nifty 50 Index Fund's -0.10 means it has not compensated investors for its volatility over the window. Higher is better.
What is the benchmark of 360 ONE ELSS Tax Saver Nifty 50 Index Fund?
360 ONE ELSS Tax Saver Nifty 50 Index Fund is benchmarked against the Nifty 50 TRI Index. Its alpha and beta on this page are measured against that index.
Who manages 360 ONE ELSS Tax Saver Nifty 50 Index Fund?
360 ONE ELSS Tax Saver Nifty 50 Index Fund is managed by Viral Mehta and Pranav Mise at 360 One.
How is 360 ONE ELSS Tax Saver Nifty 50 Index Fund taxed?
360 ONE ELSS Tax Saver Nifty 50 Index Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.