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

360 ONE Balanced Hybrid Fund Direct Growth Plan currently has a NAV of ₹13.7127 as of 17 September 2026 and an AUM of ₹716 Cr. Its 1-year, 3-year and 5-year returns are 3.64%, 0% and 0%, and it sits in the High Risk category. Our view is that this looks more suited to investors who can accept uneven short-term movement and want a hybrid fund with a meaningful debt-heavy tilt in the visible holdings, rather than those looking for steady trailing compounding.

The fund has stayed close to flat over the medium term in the disclosed return data, while the benchmark has been weaker over the same periods. That tells us the recent profile is better than the benchmark, but the longer history is still too short to show a strong compounding record.

Quick facts

Particular	Details
NAV	₹13.7127 as of 17 Sep 2026
AUM	₹716 Cr
Expense Ratio	0.45%
Launch Date	25 Sep 2023
Min SIP	₹1,000
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Hybrid
Exit Load	Nil upto 10% of units and 1% for remaining units on or before 12M, Nil after 12M
Fund Managers	Mayur Patel, Viral Mehta, Milan Mody

The fund is managed by Mayur Patel, Viral Mehta and Milan Mody.

Source data date: as of 17 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-1.06%	-3.66%
3M	0.7%	-3.71%
1Y	3.64%	-7.13%
3Y	Data not available	Data not available
5Y	Data not available	Data not available

Recent behaviour has been choppy, but the fund has held up better than the benchmark across each of the disclosed short periods. The 1-month figure is negative, yet the benchmark fell more sharply, which suggests the fund has cushioned part of the recent pressure rather than fully escaping it. The 3-month return turns positive, so the near-term pattern looks steadier than the weakest point in the 1-month view.

Over 1 year, the fund has delivered a positive return while the benchmark has remained negative. That gap matters because it shows the fund has not simply moved with the market; it has preserved some relative resilience. At the same time, the lack of 3-year and 5-year figures means we do not yet have a long compounding record to support a strong structural conclusion.

The broader pattern from the return path is one of recovery after periods of weakness rather than smooth compounding. For investors, that usually means the fund may suit a measured allocation where relative downside control matters more than uninterrupted upside.

Source data date: as of 17 Sep 2026

Should you BUY or HOLD 360 ONE Balanced Hybrid?

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.

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Peer comparison

Fund	1Y return	3Y return	5Y return
Unifi Dynamic Asset Allocation Fund Direct Growth Plan	8.6%	Data not available	Data not available
Aditya Birla SL Balanced Advantage Fund Direct Growth Plan	5.17%	10.96%	9.97%
Baroda BNP Paribas Balanced Advantage Fund Direct Growth Plan	4.23%	11.11%	10.62%
360 ONE Balanced Hybrid Fund Direct Growth Plan	3.64%	Data not available	Data not available
Bank of India Balanced Advantage Fund Direct Growth Plan	3.62%	8.24%	10.21%

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the available 1-year figures, the fund trails the stronger peer returns in this set, although it is close to one peer and ahead of another. The missing 3-year and 5-year figures for this fund make the longer-term comparison one-sided, while several peers do show double-digit medium-term returns. That means the short-term comparison is respectable but not especially strong, and the longer-horizon peer comparison is materially less complete for this fund than for the better-established peers.

Source data date: as of 17 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
7.46% REC Limited (30/06/2028) **	Corporate Debt	4.88%
7.37% Government of India (23/10/2028)	Government Securities	3.57%
7.96% Mindspace Business Parks Reit (11/05/2029) **	Corporate Debt	3.51%
6.4% Jamnagar Utilities & Power Private Limited (29/09/2026)	Corporate Debt	3.49%
7.73% Embassy Office Parks Reit (14/12/2029) **	Corporate Debt	3.48%
7.73% Tata Capital Housing Finance Limited (14/01/2030) **	Corporate Debt	3.46%
7.32% Government of India (13/11/2030)	Government Securities	2.87%
7.78% Sundaram Home Finance Limited (02/02/2028) **	Corporate Debt	2.79%
ICICI Bank Limited	Bank	2.44%
HDFC Bank Limited	Bank	2.25%

The top 10 holdings account for approximately 32.74% of the portfolio.

To see all holdings, visit the 360 ONE Balanced Hybrid Fund Direct Growth Plan page

The largest disclosed holding is 7.46% REC Limited (30/06/2028) ** at 4.88%, which is meaningful but not dominant on its own. The next few positions are also close in size, with several holdings sitting between 2.25% and 3.57%, so the step-down from the largest to the tenth holding is gradual rather than sharp.

That pattern suggests the visible sleeve is spread across multiple positions instead of relying on one or two outsized bets. With 32.74% of the portfolio shown across the top 10 holdings and 67 disclosed holding rows in total, the fund may still have a fairly long tail beneath the headline positions, which could soften the influence of any single line item.

The visible mix also leans toward corporate debt, government securities and a smaller allocation to banks. That may help explain why the portfolio looks more balanced than a pure equity book, even though the official risk label remains High Risk.

Source data date: as of 17 Sep 2026

Who should invest

This fund may suit investors with a higher tolerance for short-term swings who are comfortable seeing returns move around in the near term. The official risk label is High Risk, and the recent return pattern shows some volatility, even though the fund has outperformed the benchmark across the disclosed periods.

The more practical fit is likely a medium-to-long horizon, especially for investors who want a hybrid allocation with meaningful debt exposure in the disclosed holdings rather than a pure equity style. The main trade-off is that the fund has not yet built a long 3-year or 5-year return record, so investors are accepting an incomplete longer-term track record in exchange for relative resilience versus the benchmark in the recent period.

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: Nil up to 10% of units and 1% for remaining units if sold within 12 months; no exit load after 12 months.

Source data date: as of 17 Sep 2026

Frequently asked questions

What is the current NAV of 360 ONE Balanced Hybrid Fund Direct Growth Plan?
The current NAV is ₹13.7127 as of 17 September 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
Its 1-year return is 3.64%, while the 3-year and 5-year returns are Data not available.

How does it compare with the benchmark?
It has outperformed the benchmark across the disclosed 1-month, 3-month and 1-year periods. The benchmark return figures are lower across each of those horizons.

How does it compare with peer funds on the available return data?
Its 1-year return is below the stronger peer figures shown here, but it is close to one peer and slightly ahead of another. The 3-year and 5-year comparison is limited because those figures are not available for this fund.

What is the minimum SIP amount?
The minimum SIP amount is ₹1,000.

What is the fund’s risk profile and exit load?
It carries a High Risk label. The exit load is nil up to 10% of units and 1% for remaining units if sold within 12 months, with no exit load after 12 months.

Bottom line

360 ONE Balanced Hybrid Fund Direct Growth Plan has shown a better recent return profile than the benchmark, but it still lacks a visible 3-year or 5-year compounding record. Against peers, the 1-year number is more modest than the stronger names in the set, so the current picture is mixed rather than clearly leading. The portfolio’s larger positions are spread across debt, government securities and banks, which gives it a balanced-looking structure even under a High Risk label. That makes it more relevant for investors who can tolerate variability and want a hybrid approach with some defensiveness, not for those seeking a smooth long-term return history.

Published on 18 September 2026 at 9:35 AM 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.