360 ONE Mutual Fund: Leadership, Schemes & Top Funds
Explore 360 ONE Mutual Fund, formerly IIFL Wealth: its leadership, key details and top funds with returns and risk data, all in one place.
360 ONE Mutual Fund, formerly called IIFL Wealth, is the mutual fund arm of 360 ONE WAM Limited, headquartered in Mumbai. It is led by MD and CEO Karan Bhagat and offers investors schemes across diversified sectors. This guide covers its background, key details and its top 9 funds with returns and risk data.
Key takeaways
- 360 ONE Mutual Fund was rebranded in 2022 from its earlier name, IIFL Wealth.
- Its sponsor is 360 ONE WAM Limited, and the trustee is 360 ONE Asset Trustee Limited.
- Karan Bhagat serves as MD and CEO, with A Pramod Kumar as CIO.
- Its top funds span debt, hybrid and equity categories, from the Overnight and Liquid funds to Flexicap and Focused funds.
- Funds below are ranked by an internal score; only the underlying numbers are shown.
What is 360 ONE Mutual Fund?
360 ONE Mutual Fund is led by a team of fund managers and executives with deep experience in the mutual fund domain. The fund house was formerly known as IIFL Wealth, and the asset management company was rebranded in 2022. Its headquarters are in Mumbai, and it offers investors the chance to invest across diversified sectors.
According to the fund house's overview, it was set up on 23 March 2011, while its incorporation date is listed as 22 March 2010.
How did 360 ONE get its name?
The new identity was revealed by Karan Bhagat, the Founder, MD and CEO of 360 ONE. The name combines two ideas: "360" stands for a holistic view, and "ONE" stands for putting the customer's interest first.
360 ONE Mutual Fund: key information
| Field | Detail |
|---|---|
| Incorporation date | 22 March 2010 |
| Sponsors | 360 ONE WAM Limited |
| Trustee organisation | 360 ONE Asset Trustee Limited (formerly known as IIFL Asset Trustee Limited) |
| CIO | Mr. A Pramod Kumar |
| MD | Mr. Karan Bhagat |
| CEO | Mr. Karan Bhagat |
| Compliance officer | Mr. Jignesh Modi |
Who runs 360 ONE Mutual Fund?
Karan Bhagat is both MD and CEO, A Pramod Kumar is the Chief Investment Officer, and Jignesh Modi is the Compliance Officer. The AMC is sponsored by 360 ONE WAM Limited, with 360 ONE Asset Trustee Limited (formerly IIFL Asset Trustee Limited) as trustee.
Top 9 360 ONE Mutual Funds ranked by Invo Wealth's internal score
These are 360 ONE's top 9 funds with available data, ranked by an internal fund-quality score. The score itself is not shown, only the return and risk numbers behind it. A "--" means the fund has not completed that period or the data is unavailable. Data as of 5 September 2026.
Returns across 6 months to 5 years
| Fund | Sub-category | 6M CAGR | 1Y CAGR | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| 360 ONE Dynamic Term Fund | Dynamic Bond Fund | 6.01% | 6.23% | 7.93% | 6.64% |
| 360 ONE Multi Asset Allocation Fund | Multi Asset Allocation Fund | 3.39% | 20.61% | -- | -- |
| 360 ONE QUANT FUND | Sectoral/Thematic Fund | -3.86% | -0.50% | 14.79% | -- |
| 360 ONE Flexicap Fund | Flexi Cap Fund | 29.01% | 10.29% | 16.23% | -- |
| 360 ONE Focused Fund | Focused Fund | 15.95% | 6.38% | 11.12% | 10.63% |
| 360 ONE Overnight Fund | Overnight Fund | 5.18% | 5.24% | -- | -- |
| 360 ONE Liquid Fund | Liquid Fund | 6.64% | 6.17% | 6.69% | 6.09% |
| 360 ONE ELSS Tax Saver Nifty 50 Index Fund | ELSS (Tax Saver) Fund | -5.72% | -2.75% | 7.57% | -- |
| 360 ONE Balanced Hybrid Fund | Balanced Hybrid Fund | 11.61% | 5.01% | -- | -- |
All funds listed are Regular Plan - Growth option. CAGR = compound annual growth rate.
Risk and consistency metrics
| Fund | ISIN | Mean 1Y rolling return | Volatility | Max drawdown (3Y) | Sortino ratio |
|---|---|---|---|---|---|
| 360 ONE Dynamic Term Fund | INF579M01183 | 6.88% | 2.08% | -1.37% | 0.66 |
| 360 ONE Multi Asset Allocation Fund | INF579M01BJ8 | 22.80% | 14.75% | -10.08% | 1.30 |
| 360 ONE QUANT FUND | INF579M01AF8 | 21.31% | 20.61% | -22.83% | 0.51 |
| 360 ONE Flexicap Fund | INF579M01AP7 | 13.97% | 18.31% | -18.80% | 0.69 |
| 360 ONE Focused Fund | INF579M01878 | 16.14% | 18.12% | -17.73% | 0.31 |
| 360 ONE Overnight Fund | INF579M01BD1 | 5.29% | 0.13% | 0.00% | -19.41 |
| 360 ONE Liquid Fund | INF579M01506 | 5.79% | 0.27% | -0.01% | -4.00 |
| 360 ONE ELSS Tax Saver Nifty 50 Index Fund | INF579M01AL6 | 11.87% | 15.79% | -15.48% | 0.05 |
| 360 ONE Balanced Hybrid Fund | INF579M01AV5 | 7.51% | 8.69% | -7.25% | -0.32 |
Debt-oriented funds such as the 360 ONE Dynamic Term Fund show far lower volatility (2.08%) than equity funds such as the 360 ONE Flexicap Fund (18.31%). Sortino ratio measures return relative to downside risk, so compare it within a category rather than across debt and equity funds.
How to invest in 360 ONE Mutual Fund
You can invest online through the fund house's website or a platform of your choice. Sign up on Invo Wealth, get complete portfolio insights and start investing in mutual funds that actually suit you.
Conclusion
360 ONE Mutual Fund, rebranded from IIFL Wealth in 2022, offers a range of schemes across debt, hybrid and equity categories. Compare each fund's returns, volatility and drawdown against your own goals and risk tolerance before investing.
Frequently asked questions
How do I start an SIP in 360 ONE Mutual Fund online?
You can start an SIP online through Invo Wealth, or invest through the fund house's website or any other online platform or mobile app. Pick a scheme, set your investment amount and begin.
How do I calculate a 360 ONE Mutual Fund SIP?
An SIP calculation takes into account your investment amount, the SIP tenure, the number of SIP instalments already paid and the expected interest rate.
How do I redeem a 360 ONE Mutual Fund investment?
Offline, you can visit the nearest fund house office and submit a form. Online, sign in with your folio number on the official website, or redeem through any online portal where you invested.
Can I increase my SIP amount in 360 ONE Mutual Fund?
Yes, through a step-up or top-up SIP, a facility most fund houses now offer. Check with the fund house first, and use a step-up calculator to work out the new SIP amount.
How do I stop a 360 ONE Mutual Fund SIP online?
You can stop your SIP at any time by placing a Cancel SIP request. Log in to the fund house's website with your folio number, contact your agent, or follow the steps on the platform where you invested.
Mutual fund investments are subject to market risks; read all scheme-related documents carefully. This article is for education only and is not investment advice. Past performance does not guarantee future returns. Invo Wealth is an AMFI-registered mutual fund distributor (ARN-368528).