360 ONE Balanced Hybrid Fund NFO: Key details you need to know

5 Sep 2023 , 11:30 AM

360 ONE Mutual Fund is launching NFO under its “hybrid category”, named as 360 ONE Balanced Hybrid Fund. This open-ended fund aims to generate long-term capital appreciation by investing equity and debt instruments.

Investment strategy: 360 ONE Balanced Hybrid Fund endeavours to meet its objectives mainly from asset allocation across asset classes. This approach will help reduce the risk of tracking the individual asset classes. Based on historical observations, these asset classes exhibit very different risk return profiles and a low correlation to each other.

Asset allocation: The scheme will predominantly invest in equity & equity related instruments and fixed income instruments.

Who should invest?

Investors with very high risk appetite and want to invest for 3 to 5 years to diversify the portfolio should invest in 360 ONE Balanced Hybrid Fund. 

Risk associated: Very high level of risk.

Benchmark: Nifty 50 Hybrid Composite Debt 50:50 Index.

Fund Managers: Mr.Mayur Patel and Mr. Milan Mody.

The NFO is available for subscription from September 04 to September 18. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 1000/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in 360 ONE Balanced Hybrid Fund.