HealthyDirect · GrowthFit for a long SIP
360 ONE Flexicap Fund
360 ONE Mutual FundEquity Schemes - Flexi Cap Fund3.3 years
The scheme seeks to generate long-term capital appreciation by primarily investing in equity and equity related securities across the entire market capitalization range and investing the remaining portion in debt and money market instruments.
- NAV
- 16.3449
- 30 Oct 2026
- 1Y
- +1.8%
- Trailing CAGR
- AUM
- ₹2,245.86 Cr
- 30 Sept 2026
- Volatility
- Medium
- 15.0% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 100% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Watch
3.3 years - usable, still building a track record.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.92% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -18.1%. Ask whether you can hold through a similar fall.
Vs category
Pass
100% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Viral Mehta · 0.3 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 34.2% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 18%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+1.8%
- 3Y+16.7%
- 5Yn/a
- 10Yn/a
- SI+15.8%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.5%
- 3Y+7.6%
- 5Yn/a
- 10Yn/a
- Since inception
- +15.8%
- Calendar-day CAGR
- Excess 1Y
- +5.1%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 100
- Vs comparable share classes
- SIP 3Y XIRR
- +7.6%
- Simulated monthly SIP
- Worst rolling 3Y
- +15.3%
- 80 daily-ending windows
- Median rolling 3Y
- +17.8%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -18.1%
- Worst peak-to-trough
- Current
- -5.9%
- Below last peak
- Current spell
- 37 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 18 days
- 37 recovered episodes
- Longest recovery
- 451 days
- Trough to prior peak
24 Sept 2024 – 2 Jul 2026
Trough 7 Apr 2025 · recovered in 451 days
-18.1%
23 Sept 2026 – open
Trough 23 Oct 2026 · not recovered
-7.9%
3 Jun 2024 – 10 Jun 2024
Trough 4 Jun 2024 · recovered in 6 days
-7.3%
17 Oct 2023 – 15 Nov 2023
Trough 26 Oct 2023 · recovered in 20 days
-5.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
100
Vs category
82
Consistency
80
Risk-adjusted
59
Drawdown
55
Mean
75
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 60 holdings · top 10 are 34.2%.
- Top 5
- 19.3%
- Top 10
- 34.2%
- Largest holding
- 4.6%
- Effective holdings
- 43.8
ICICI Bank Ltd
Financial
4.6%
INDO-MIM Ltd.
Industrials
4.0%
Zomato Ltd
Technology
3.7%
Redington Ltd
Technology
3.6%
Axis Bank Ltd
Financial
3.4%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Mirae Asset Flexi Cap Fund
Mirae Asset Mutual Fund
- 1Y
- -3.2%
- 3Y
- +12.3%
- Vol
- 13.4%
- Max DD
- -16.1%
- Sharpe
- 0.65
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
WhiteOak Capital Flexi Cap Fund
WhiteOak Capital Mutual Fund
- 1Y
- -2.6%
- 3Y
- +14.0%
- Vol
- 12.8%
- Max DD
- -15.6%
- Sharpe
- 0.73
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
JioBlackRock Flexi Cap Fund
Jio BlackRock Mutual Fund
- 1Y
- -8.5%
- 3Y
- n/a
- Vol
- 14.4%
- Max DD
- -14.3%
- Sharpe
- -0.87
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
Mahindra Manulife Flexi Cap Fund
Mahindra Manulife Mutual Fund
- 1Y
- -8.6%
- 3Y
- +9.3%
- Vol
- 13.8%
- Max DD
- -17.2%
- Sharpe
- 0.34
- 3Y win
- +31%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
ICICI Prudential Flexi Cap fund
ICICI Prudential Mutual Fund
- 1Y
- -0.9%
- 3Y
- +15.2%
- Vol
- 13.5%
- Max DD
- -19.7%
- Sharpe
- 0.68
- 3Y win
- +96%
- Lower volatility
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns