Established in 2008, 360 One mutual fund (formerly IIFL Wealth & Asset Management) has grown to become a leading financial service group in India. It is backed by one of the leading global institutions Bain Capital. It was founded by two first-generation entrepreneurs, Karan Bhagat, and co-founder Yatin Shah.
The AMC offers a range of solutions, including wealth management, asset management, corporate finance, and credit solutions. The 360 ONE MF Asset Under Management (AUM) is ₹ 9,580.33 crore (as of 31 March 2024). They have a team of 1000+ employees and operate from 27 offices.
360 One Mutual Fund has been recognized for its exceptional performance, winning several prestigious awards, including Best Domestic Bank or Wealth Manager (India), Best Services—Investment Management, and Best Investment Management—India.
The company's scientific investment approach, coupled with its in-house management team's expertise in various asset classes, ensures that the diverse needs of investors are met. With a client-centric approach, 360 One Mutual Fund strives to exceed client expectations, thanks to its robust governance mechanisms and risk awareness.
They provide different investment options, including equity funds, debt funds, and hybrid funds. Here are the top 360 One mutual funds:
Investors can choose which fund to invest in depending on their individual requirements, return expectations, and risk tolerance.
The several advantages of the 360 One mutual fund include helping investors earn the trust to invest their money in this mutual fund. Their expert fund management and risk management strategies ensure that the investors are provided competitive returns on their securities. Not only this, but a diversified and balanced portfolio also adds safety by diversifying the funds across different asset classes.
Additionally, investors can rest assured that the 360 One mutual fund complies with the guidelines of the Securities and Exchange Board of India (SEBI), which further makes it a secure investment option.
While all these factors contribute to the strength of the One 360 mutual fund, the investors must analyze the past performance of the fund in which they want to invest. This helps them understand if their requirements and return expectations will be fulfilled. Additionally, it is important to remember that despite these advantages, the fund is still influenced by global factors and market uncertainties. Therefore, it is best to make a well-informed investing decision for peace of mind.
It has now become easier to invest in AMCs with the help of online platforms and applications. One such reputed training and investing platform in India is Dhan. It also gives investors all the details necessary to make an informed decision, such as the AUM, one-year, three-year, and five-year returns, ratings, and minimum investment amount.
Follow these steps to invest in the 360 One mutual fund through Dhan:
- Step 1: Install the Dhan App using the ‘Play Store’ or the ‘App Store.’
- Step 2: Register with your phone number by clicking the 'I'm Ready to Trade' option. Then, enter the OTP you will receive to verify the mobile number.
- Step 3: Create your account by providing your email address, Aadhar number, PAN number, and date of birth. Then, add an MPIN to secure your account.
- Step 4: Once the account is set up and KYC is complete, navigate to the mutual fund section and click 360 One mutual fund.
- Step 5: The next step is to select the type of fund you wish to invest in from equity, debt, and hybrid funds based on the overview of each and expected returns.
- Step 6: After you select the fund, choose the payment method from 360 One mutual fund lump sum plans and 360 One mutual fund SIP plans. The 360 One mutual fund SIP is the right choice for investors who cannot invest the money at once and require division into monthly or quarterly installments.
- Step 7: Once you select the payment method, you will receive a confirmation message and an OTP on your registered mobile number. Enter the OTP, and you are done.
Dhan also lets you calculate your returns through its 360 One
SIP calculator. All you have to do is enter your installment amount, return percentage, and investment duration. You can also set up an auto payment date for the SIP to simplify the process further. Invest in the 360 One mutual fund through Dhan and enjoy a stress-free investment and tracking.