360 ONE Focused Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- August 31, 2026
- Posted by: Harsh Piplani
- Category: Mutual Funds
360 ONE Focused Fund Direct Growth Plan had a NAV of ₹56.4552 as of 28 Aug 2026 and a scheme AUM of ₹6,697 Cr. Its 1-year, 3-year and 5-year returns are 9.6079%, 13.2401% and 12.7834%, respectively. The fund sits in the High Risk category, so our view is that it suits investors who can live with meaningful swings in exchange for equity-style growth potential.
The portfolio is tilted toward large caps, but it also keeps a sizeable mid-cap and small-cap sleeve, which can support upside while adding volatility. The benchmark has been uneven over the same horizons, so the fund’s longer record looks better than its short-term read, but the recent pace is more modest than the 3-year outcome.
Quick facts
| Metric | Value |
|---|---|
| NAV | ₹56.4552 |
| AUM | ₹6,697 Cr |
| Expense Ratio | 0.81% |
| Launch Date | 30 October 2014 |
| Min SIP | ₹1000 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Equity |
| Exit Load | 1% if units are sold on or before 12 months; no exit load after the holding period |
| Fund Managers | Mayur Patel, Viral Mehta |
The fund is managed by Mayur Patel and Viral Mehta.
Source data date: as of 28 Aug 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | 1.36% | -0.85% |
| 3M | 9.09% | 3.39% |
| 1Y | 9.61% | -2.29% |
| 3Y | 13.24% | 6.40% |
| 5Y | 12.78% | 7.13% |
The short-term picture is steady rather than dramatic. Over 1 month and 3 months, the fund stayed ahead of the benchmark, which is useful because the index was choppy and at times negative over the same windows. That kind of pattern usually points to a portfolio that is participating in the market without matching every swing in the benchmark.
The 1-year result is more telling. The fund produced a positive return while the benchmark was negative, so the fund handled the recent period better than the benchmark. That does not make the path smooth; the return pattern still shows dips and recoveries rather than a straight line. For an equity fund, that is normal, but it reinforces the need for patience.
Looking further out, the 3-year and 5-year returns remain solid and both are ahead of the benchmark by a clear margin. The 3-year number is stronger than the 1-year figure, which suggests the fund’s recent momentum has been less strong than its medium-term record. Even so, the longer record still shows better compounding than the benchmark across both the 3-year and 5-year windows.
Our read is that this is a fund with a healthier long-run profile than its recent one-year snapshot. It has kept ahead of the benchmark across all the listed periods, but the gap is most meaningful over 3 years and 5 years. That makes the trailing record more useful as a sign of resilience than as a promise of smooth near-term gains.
Source data date: as of 28 Aug 2026
Should you BUY or HOLD 360 ONE Focused?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding 360 ONE Focused? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| 360 ONE Focused Fund Direct Growth Plan | 9.61% | 13.24% | 12.78% |
| Motilal Oswal Focused Fund Direct Growth Plan | 30.92% | 15.69% | 11.64% |
| Old Bridge Focused Fund Direct Growth Plan | 22.82% | Data not available | Data not available |
| SBI Focused Fund Direct Growth Plan | 19.34% | 17.41% | 13.73% |
| Quant Focused Fund Direct Growth Plan | 16.69% | 16.15% | 15.12% |
| ITI Focused Fund Direct Growth Plan | 15.95% | 20.29% | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
On 1-year numbers, this fund trails several peers that have shown stronger recent momentum, especially Motilal Oswal Focused Fund Direct Growth Plan and SBI Focused Fund Direct Growth Plan. That tells us the latest year has been less powerful than the best peer readings, even though the fund still stayed positive.
The longer picture is more balanced. Its 3-year return is below SBI Focused Fund Direct Growth Plan, Quant Focused Fund Direct Growth Plan and ITI Focused Fund Direct Growth Plan, but it is still respectable. On 5-year returns, it sits close to SBI Focused Fund Direct Growth Plan and below Quant Focused Fund Direct Growth Plan, which suggests the fund’s medium-term compounding has been solid but not the strongest among the names shown here.
In short, the short-term story is weaker than the best peer readings, while the long-term story is steadier but still somewhat behind the more powerful compounding seen in a few peers with available data. That mix matters because it shows the fund has participated, but not led, on recent and longer-horizon comparisons.
Source data date: as of 28 Aug 2026
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Portfolio: where your money goes
The market-cap mix is 64.33% large cap, 16.64% mid cap, 16.25% small cap and 2.79% other. That is a large-cap-leaning portfolio, but the mid-cap and small-cap allocation is still meaningful enough to add growth potential and volatility.
| Sector | Weight | Top holdings |
|---|---|---|
| BANK | 25.98% | ICICI Bank Limited (7.34%), Kotak Mahindra Bank Limited (7.19%) |
| FINANCE | 13.21% | Cholamandalam Investment and Finance Company Ltd (4.55%), Bajaj Finance Limited (3.86%) |
| TELECOM | 10.24% | Bharti Airtel Limited (5.52%), Indus Towers Limited (4.72%) |
| CAPITAL GOODS | 6.13% | GE Vernova T&D India Limited (2.97%), CG Power and Industrial Solutions Limited (2.89%) |
| AUTOMOBILE & ANCILLARIES | 5.01% | Motherson Sumi Wiring India Limited (3.13%), Hero Motocorp Limited (0.96%) |
The bank sleeve is clearly the largest sector at 25.98%, so it is likely to have greater influence on how the portfolio behaves than any other sector. Finance at 13.21% and telecom at 10.24% are also material, but each is well below banking, which keeps the structure concentrated around financials and financial-adjacent businesses.
At the same time, the portfolio is not a one-sector bet. Capital goods and automobile & ancillaries add diversification, and the stock weights within each sector show that exposure is spread across a few names rather than fully dependent on a single holding. The largest individual holdings in banking are close in size, which helps balance company-level influence within that sleeve.
Overall, the allocation looks designed to blend core stability from large caps with some extra movement from mid and small caps. Banking is the main driver we would watch, but the broader mix suggests the fund may also respond to shifts in finance, telecom and cyclical manufacturing names.
Source data date: as of 28 Aug 2026
Who should invest
This fund suits investors who are comfortable with High Risk equity exposure and who can stay invested through uneven periods. The 1-year return is more subdued than the 3-year and 5-year outcomes, so the fund makes more sense for people who can look beyond short stretches of weakness and focus on longer holding periods.
The main trade-off is that the fund has not always matched the strongest peer momentum in the latest year, even though its longer record is steadier. A large-cap tilt offers some anchor, but the meaningful mid-cap and small-cap exposure can still raise swings. That makes it more suitable for investors who want equity growth potential and can tolerate volatility without reacting to every short-term move.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load: 1% if units are sold on or before 12 months. No exit load after the holding period.
Source data date: as of 28 Aug 2026
Frequently asked questions
What is the current NAV of 360 ONE Focused Fund Direct Growth Plan?
The current NAV is ₹56.4552 as of 28 Aug 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The 1-year, 3-year and 5-year returns are 9.6079%, 13.2401% and 12.7834%, respectively.
How does the fund compare with the Nifty 50 benchmark?
It has outperformed the benchmark across 1 month, 3 months, 1 year, 3 years and 5 years. The gap is especially clear over the 3-year and 5-year periods.
What is the minimum SIP amount?
The minimum SIP amount is ₹1000.
What is the risk profile of this fund?
The fund is in the High Risk category and is described as suited to investors comfortable with taking bold risks. Its portfolio also includes a meaningful mid-cap and small-cap share, which can increase volatility.
Who manages the fund?
The fund is managed by Mayur Patel and Viral Mehta.
Bottom line
360 ONE Focused Fund Direct Growth Plan has a stronger longer-term record than its recent 1-year reading, and it has stayed ahead of the benchmark across the periods shown. The peer comparison tells a mixed story: the fund is not the strongest on recent one-year numbers, but its medium- and long-term returns remain solid. With a High Risk profile and a portfolio led by banking, it looks best suited to patient equity investors who can handle swings and want a focused, growth-oriented portfolio.
Published on 31 August 2026 at 2:18 PM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.
