360 ONE Quant Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

360 ONE Quant Fund Direct Growth Plan has a NAV of ₹20.5164 as of 28 August 2026 and manages ₹872 Cr. Its 1-year, 3-year and 5-year returns are 3.91%, 17.82% and 0%, and the scheme sits in the High Risk category. Our view is that this is a fund for investors who can accept sharper swings in pursuit of a differentiated equity outcome, but the recent return trend is uneven relative to its benchmark and the portfolio is still tilted toward large-cap and mid-cap names.

The fund’s current mix and its recent pattern of returns suggest that it is not a steady defensive equity option. The benchmark comparison and the sector structure both point to a portfolio that can behave differently from the broad market, which may appeal to patient investors who are comfortable with volatility.

Quick facts

The fund is managed by Pranav Mise and Viral Mehta.

Source data date: as of 28 Aug 2026

Performance

In the near term, the fund has held up better than the Nifty 50. The 1-month and 3-month readings are positive, and the 1-year figure also stays ahead of the benchmark’s negative return over the same period. That tells us the fund has recently added value versus the broad market, even though the path has not been smooth.

The longer view is more mixed. The 3-year return is clearly positive, but the 5-year figure is not available, so the full long-horizon pattern cannot be judged on a single trailing number. Even so, the 3-year result is well above the benchmark’s 3-year return, which indicates that the strategy has worked better over the medium term than the index exposure has.

The short-term series also shows that performance has not moved in a straight line. The fund has gone through weaker stretches and then recovered, which is typical of an actively tilted equity portfolio with a high-risk label. For investors, that means the fund can deliver periods of noticeable outperformance, but the ride may be more uneven than a plain benchmark-style allocation.

Compared with the benchmark, the recent picture is more constructive than the broad market, while the medium-term picture remains supportive. Our view is that the key question is not whether the fund can beat the index in every stretch, but whether an investor is prepared to accept volatility in exchange for that possibility.

Source data date: as of 28 Aug 2026

Peer comparison

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

On the available return figures, the fund trails several of the named peers on 1-year performance, especially the more aggressive thematic options. The gap is also visible at 3 years, where the fund’s return is lower than the peer with both 1-year and 3-year data available, though still comfortably above the benchmark. That gives us a mixed peer read: the fund is not leading the group on raw return, but it is delivering a positive multi-year result.

The peer set also tells two different stories. Some peers have strong short-term numbers but missing longer-term records in the table, while the fund itself has a complete 3-year figure but no 5-year trailing return. That makes the comparison more useful for recent momentum than for full-cycle judgment. In our view, the current fund looks less aggressive on recent return than the higher-octane peers, but its 3-year figure is still respectable relative to the benchmark and supports a more measured interpretation of the strategy.

Source data date: as of 28 Aug 2026

Portfolio: where your money goes

The portfolio is dominated by large-cap stocks, with more than 72% in that bucket, while mid-caps add another 27.36% and small-caps are absent. That mix suggests a portfolio that stays anchored in established businesses rather than pushing into the smallest part of the market.

Sectorally, finance is the largest allocation at 25.36%, followed by automobile & ancillaries at 20.67%. Finance is meaningfully larger than healthcare, FMCG and chemicals, so it may have greater influence on how the portfolio behaves than any of the other named sectors. The two biggest sectors together account for nearly half the portfolio, which points to a focused structure even though the stock list itself is spread across several industries.

HDFC Asset Management Company Limited has the largest single stock weight at 11.07%, so that holding could matter more than the smaller names inside the same sector. Overall, the mix looks concentrated enough that sector rotation may matter, but the large-cap bias should also keep it tied more closely to established market leaders than to speculative small-cap moves.

Source data date: as of 28 Aug 2026

Who should invest

This fund fits investors who are comfortable with High Risk equity exposure and who can stay invested through uneven periods. The 1-year return has been modest, the 3-year return is much stronger, and the 5-year figure is not available, so the experience can vary depending on the entry point and holding period.

The benchmark comparison shows that the fund has done better than the Nifty 50 over the recent 1-year and 3-year windows. At the same time, the peer table shows that several thematic peers have delivered much faster short-term gains, so the trade-off is clear: this fund may offer differentiated equity exposure, but it does not pair that with the highest recent return profile. Investors who want a large-cap and mid-cap tilted equity fund with room for volatility may find the pattern understandable, provided they can wait through weaker spells.

Tax and exit load

Exit load: 1% if units are sold within 12 months; nil after 12 months.

Source data date: as of 28 Aug 2026

Frequently asked questions

What is the current NAV of 360 ONE Quant Fund Direct Growth Plan?
The current NAV is ₹20.5164 as of 28 August 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
Its 1-year return is 3.91%, its 3-year return is 17.82%, and the 5-year return is not available in the trailing performance view.

How has the fund performed against the benchmark?
It has outpaced the Nifty 50 over 1 year and 3 years. The benchmark’s 1-year return is -2.29% and its 3-year return is 6.4%.

How does it compare with the peer funds listed here?
Several peers have stronger 1-year return figures, especially the thematic funds in the list. The fund still shows a positive 3-year return, but the peer table reflects a wider spread of recent outcomes.

What is the minimum SIP amount?
The minimum SIP amount is ₹1000.

Who manages the fund and what is the risk category?
The fund is managed by Pranav Mise and Viral Mehta, and it is categorized as High Risk. The portfolio is tilted toward large-cap and mid-cap stocks, with finance as the largest sector allocation.

Bottom line

This fund’s recent return pattern is less powerful than some peers, but its 3-year result still stays ahead of the benchmark, which makes the story more balanced than the short-term number alone suggests. The portfolio is heavily large-cap with a sizeable mid-cap layer and no small-cap exposure, so it is not built around the most speculative part of the market. For investors who can handle High Risk equity volatility and are comfortable with sector concentration in finance and automobiles, the fund reads as a differentiated but uneven equity option rather than a smooth compounding vehicle.

Published on 31 August 2026 at 2:33 PM IST