OTHER•PASSIVE ELSS
360 One ELSS Tax Saver Nifty 50 Index Fund
3 Year return
8.55%
NAV on August 20, 2026
13.7433
1D Returns
0%
Launched on December 2022(4 years)
Investment Details
₹500
Minimum SIP Amount
₹500
Minimum one time investment
Lock-in period: 3.0000 years
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
14.36%₹517
Total Value ₹4,117
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹69.91 Cr.
Expense Ratio
0.38% (inclusive of GST)
Exit Load
Nil
Ratings
0
Ratings by other agencies
Value Research
0
Crisil
0
Morning Star
0
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
360 ONE Mutual Fund Manager
AO
Ashish Ongari
Fund Manager since Feb 2025
PM
Pranav Mise
Fund Manager since Aug 2026
VM
Viral Mehta
Fund Manager since Oct 2025
Fund House Details
360 ONE Mutual Fund
Asset management company
AUM
₹13,053.47 Cr.
No. of Schemes
29
Setup Date
22 March 2010
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Zerodha ELSS Tax Saver Nifty Largemidcap 250 Index Fund | N/A | 0 |
| Navi ELSS Tax Saver Nifty 50 Index Fund | 8.7107% | 0 |
Schemes by 360 ONE Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
360 One ELSS Nifty 50 Tax Saver Index Fund, managed by 360 One Mutual Fund, falls within the category of Equity Linked Savings Scheme (ELSS) funds, aiming to offer tax-saving benefits while providing exposure to the performance of the Nifty 50 Index. This direct growth plan is designed to generate capital appreciation by investing in the constituents of the Nifty 50 Index. The fund's portfolio mirrors the index, offering investors diversified exposure to the top 50 companies listed on the National Stock Exchange (NSE). The fund’s expense ratio is much lower than the category average.
Investment Objective of the Scheme
The scheme's primary objective is to provide investors with a tax-saving avenue while tracking the performance of the Nifty 50 Index. 360 One ELSS Nifty 50 Tax Saver Index Fund Direct Plan Growth aims to achieve this by investing in a portfolio that replicates the composition and weights of the Nifty 50 Index. The fund's strategy is to passively manage investments to mimic the index's returns.
Key Features of The Fund
5-year return
0%
Expense Ratio
0.38%
Fund Manager
Ashish Ongari
Fund Size
₹69.91 Cr.
Risk Profile
Very High
Is This Scheme Right for Me?
If you're interested in tax-efficient investing and exposure to the performance of the Nifty 50 Index, 360 One ELSS Nifty 50 Tax Saver Index Fund Direct Plan Growth could be a suitable choice. This fund aligns with individuals seeking long-term growth opportunities with potential tax benefits under Section 80C of the Income Tax Act. However, it's important to note that index funds reflect the performance of the underlying index and may not outperform actively managed funds. Assess your investment goals, tax planning needs, and risk tolerance before considering this fund. Seeking guidance from financial experts can provide personalised insights for well-informed decisions.
AMC Contact Details
| Name | 360 ONE Mutual Fund |
| Launch Date | 22 March 2010 |
| Address | 360 ONE Asset Management Limited (Formerly known as IIFL Asset Management Limited), 360 ONE Centre, 7th Floor, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai- 400013 |
| Contact | 912248765600 |
| investordesk@360.one | |
| Website | https://www.iiflmf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of 360 One ELSS Tax Saver Nifty 50 Index Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of 360 One ELSS Tax Saver Nifty 50 Index Fund on August 20, 2026, is ₹13.7433
What is the AUM of 360 One ELSS Tax Saver Nifty 50 Index Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of 360 One ELSS Tax Saver Nifty 50 Index Fund, is ₹69.91 crore.
What is the expense ratio of 360 One ELSS Tax Saver Nifty 50 Index Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of 360 One ELSS Tax Saver Nifty 50 Index Fund is 0.38%
What are the returns of 360 One ELSS Tax Saver Nifty 50 Index Fund since inception?
The 360 One ELSS Tax Saver Nifty 50 Index Fund was launched on December 01, 2022. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in 360 One ELSS Tax Saver Nifty 50 Index Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for 360 One ELSS Tax Saver Nifty 50 Index Fund is ₹500.
How do I invest in 360 One ELSS Tax Saver Nifty 50 Index Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in 360 One ELSS Tax Saver Nifty 50 Index Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in 360 One ELSS Tax Saver Nifty 50 Index Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in 360 One ELSS Tax Saver Nifty 50 Index Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,117 in 3Y at 8.5505% returns
SIP Date1st of every month
Your next SIP Payment will be on 20 September 2026
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