360 ONE ELSS Tax Saver Nifty 50 Index Fund Direct Growth

Other
Index
Very High Risk
3Y Lock In
1M
6M
1Y
All
NAV: 16 Apr 2024₹12.28
Min. SIP amount₹500
RatingNA
Fund size₹62.39Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Other Index
Absolute returns
3M6M1YAll
Fund returns2.9%13.9%27.3%24.9%
Category averageNANA37.4%NA
Rank with in category363436NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
FinancialEquity10.94%
EnergyEquity10.11%
FinancialEquity7.71%
TechnologyEquity5.38%
ConstructionEquity4.48%
TechnologyEquity3.95%
Consumer StaplesEquity3.82%
CommunicationEquity3.15%
FinancialEquity2.94%
FinancialEquity2.90%
See All

Pros and cons

Category: Other Index

Pros

Cons

Exit load is zero
Lock-in period: 3Y
Lower expense ratio: 0.27%
1Y annualised returns lower than category average by 12.64%

Expense ratio, exit load and tax

Expense ratio: 0.27%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Parijat Garg
Dec 2022 - Present
View details

Education
Mr. Garg is a computer science engineer from IIT Bombay and a CFA charter holder.
Experience
Prior to joining 360 ONE Mutual Fund (formerly known as IIFL Asset Management Limited), he has worked with Quadeye Securities LLP as a portfolio manager and Tower Research Capital (India) as a quant analyst.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
IIFL Centre-7th Floor,Kamala City, Senapati Bapat Marg,Lower Parel, Mumbai 400013
Phone
+91-22-48765461
Launch Date
22 Mar 2010
IIFL Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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