myplexus

NFO Monitor

Fund Fact

Name of Funds:

360 One Balanced Hybrid

Opening:

4th September 2023

Closing:

18th September 2023

Minimum Investment:

Rs. 1000 and in multiples of Re. 1 thereafter

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

1% of NAV if units are redeemed/switched out on or before 12 months from the date of allotment

Fund Stats

Objective:

The Investment Objective of the fund is to generate long term capital appreciation/income by investing in equity and debt instruments.

Benchmark:

NIFTY 50

Fund Manager:

Mayur Patel , Milan Mody

Asset Allocation

40-60% Equity 40-60% Money Market

40-60% Debt Nil Others

Comparable existing schemes

SBI Balanced Advantage Fund	14.26(6M)	15.27(1Y)
HDFC Balanced Advantage Fund	18.69(6M)	21.10(1Y)

Fund Prognosis

Idea Distiller

A new fund from a relatively new house. In a category that has immense competition.

Fund House AAUM:
Rs. 542146.2 Lakhs (as on 30th June 2023)
Fund Manager:
Combined experience of above 18 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Nothing at all. There will be some tweaks and that’s about it. At the end of the day it is a Balanced fund.

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