360 ONE Multi Asset Allocation Fund
360 ONE Mutual Fund · Best Multi Asset Allocation Mutual Funds
This is the Direct plan of 360 ONE Multi Asset Allocation 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.
Performance
Scorecard
★★★★★5/5 vs 31 of 36 Multi Asset Allocation peers1Y- 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 Multi Asset Allocation (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 31 of the 36 Multi Asset Allocation funds in this cohort carry the full record the stars need, so they are the ones ranked against.
Not enough Multi Asset Allocation peers to rank yet
Volatility 12.1% vs 9.8% category avg
0.6% expense vs 0.9% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Ahead of the Multi Asset Allocation average on 1M/3M/1Y — 1Y by 6.88pp
- Ranks #2 of 31 on 1-year return in its Multi Asset Allocation cohort
- Low expense ratio (0.58%) vs the Multi Asset Allocation average of 0.91%
Concerns
- More volatile than its Multi Asset Allocation peers (12.1% vs 9.8%)
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Multi Asset Allocation)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -2.73% | -3.40% | +0.67% |
| 3M abs | -0.81% | -1.98% | +1.17% |
| 6M abs | +4.63% | +4.51% | +0.12% |
| 1Y CAGR | +12.46% | +5.58% | +6.88% |
| 3Y CAGR | — | +14.49% | — |
| 5Y CAGR | — | +13.01% | — |
Category average across peers in Multi Asset Allocation (up to 36 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 36 peers in Multi Asset Allocation
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
12 monthly installments of ₹10,000 into 360 ONE Multi Asset Allocation 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 | +5.25% | -12.85% | +18.10% | |
| 2025part | +15.80% | — | — |
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- Other33.91%
- Equity30.50%
- Debt30.14%
- Cash & Equivalents5.45%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹439.81Cr in April - June 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
MPMayur PatelManaging since 20 Aug 2025
Manager- Equity
Chartered Accountant and a CFA charter holder
Mr. Mayur Patel has over 20 years of work experience including investment management and research experience of more than 10 years. Prior to joining 360 ONE Asset Management Limited, he managed equity portfolios of DSP BlackRock Equity Savings Fund and MIP Fund at DSP BlackRock Investment Managers (a joint venture between BlackRock and the DSP Group in India). Mr. Patel joined DSP BlackRock in 2013 as an Equity Analyst responsible for origination and dissemination of ideas across energy, industrials and utilities sectors. Earlier, he was associated with Spark Capital as Lead Analyst, Energy in their Institutional Equities division and has also 14 worked with Tata Motors and CRISIL.
RKRahul KhetawatManaging since 20 Aug 2025
Fund Manager – Commodities and back-up dealer-equity
PGDM, M.COM (PRE)
Mr. Khetawat has over 14 years of experience of handling multiple asset classes including Forex. He has managed end to end product/business development and management encompassing Structuring, Advisory, Trading, Risk management, and Fund management. Prior to joining 360 ONE Asset Mr. Khetawat was associated with Edelweiss Financial Services Limited and Marwadi Share and finance Limited as a trader in Commodity and forex market.
VMViral MehtaManaging since 06 Oct 2025
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.
MMMilan ModyManaging since 20 Aug 2023
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.
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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 Multi Asset Allocation funds
Multi asset funds spread money across at least three asset classes — typically equity, debt and gold — each at 10% or more. The mix aims to reduce the impact of any one asset having a bad year.
From the blog
Frequently asked questions
What is the NAV of 360 ONE Multi Asset Allocation Fund?
As of 05 Oct 2026, the NAV of 360 ONE Multi Asset Allocation Fund is ₹12.20 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has 360 ONE Multi Asset Allocation Fund delivered?
360 ONE Multi Asset Allocation Fund has returned +12.46% over 1 year and +19.32% 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 Multi Asset Allocation Fund?
360 ONE Multi Asset Allocation Fund charges an expense ratio of 0.58% 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 Multi Asset Allocation Fund?
360 ONE Multi Asset Allocation Fund's largest holdings are 360 One Gold Exchange Traded Fund (19.8%), ICICI Prudential Silver ETF (10.8%), ICICI Prudential Gold ETF (3.0%), 8.6% Cholamandalam Investment and Finance Company Ltd (05/03/2029) (2.4%) and 9.25% SK Finance Limited (02/01/2028) (2.3%). Holdings are disclosed monthly and change over time.
How risky is 360 ONE Multi Asset Allocation Fund?
360 ONE Multi Asset Allocation Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.1% and its worst peak-to-trough fall in our sample was -9.9%. 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 Multi Asset Allocation Fund?
360 ONE Multi Asset Allocation Fund is benchmarked against the BSE 500 TRI – 25% + NIFTY Composite Debt Index – 45% + Domestic prices of Gold and Silver (30%). Its alpha and beta on this page are measured against that index.
Who manages 360 ONE Multi Asset Allocation Fund?
360 ONE Multi Asset Allocation Fund is managed by Mayur Patel, Rahul Khetawat, Viral Mehta and Milan Mody at 360 One.
How is 360 ONE Multi Asset Allocation Fund taxed?
360 ONE Multi Asset Allocation 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.