360 ONE Balanced Hybrid Fund
360 ONE Mutual Fund·Balanced Hybrid Fund·vs Nifty 50 Hybrid 50:50
The fund is defensively positioned with a heavy tilt toward high-grade fixed income, particularly AAA-rated corporate bonds and government securities that now constitute over 40% of the portfolio. The manager's recent rotation—shedding large-cap IT and financial stocks while adding cyclical plays like JSW Steel and Vedanta—suggests selective conviction in value picks within a cautious stance. The elevated cash position and modest equity allocation underscore a wait-and-watch approach, prioritizing stability over growth during market uncertainty.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹13.0885 | — | — | — | — | — | — |
| Regular Growth | ₹12.5839 | +0.81% | -0.95% | -2.22% | +0.95% | — | — |
| Direct IDCW | ₹13.0885 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
78
Top 5 Weight
18.45%
Top 10 Weight
31.86%
Active Share
—
Large Cap
25.75%
Gini
0.384
What Changed2026-03-31 → 2026-04-30
Holdings: 78 → 81+8 added−6 removed20 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Varun Beverages Limited | 1.10% |
| JSW Steel Limited | 0.67% |
| Onesource Specialty Pharma Limited | 0.48% |
| Vedanta Iron And Steel Limited ** | 0.17% |
| Talwandi Sabo Power Limited ** | 0.17% |
| Malco Energy Limited ** | 0.17% |
| Vedanta Aluminium Metal Limited ** | 0.17% |
| 7.48% State Government Securities (04/09/2037) | 0.67% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | 7.46% REC Limited (30/06/2028) ** INE020B08EK4 | 4.76% |
| 2 | TREPS nan | 3.55% |
| 3 | 7.37% Government of India (23/10/2028) IN0020230101 | 3.48% |
| 4 | 7.96% Mindspace Business Parks REIT (11/05/2029) ** INE0CCU07116 | 3.42% |
| 5 | 7.73% Embassy Office Parks REIT (14/12/2029) ** INE041007159 | 3.40% |
| 6 | 6.4% Jamnagar Utilities & Power Private Limited (29/09/2026) ** INE936D07174 | 3.39% |
| 7 | 7.73% Tata Capital Housing Finance Limited (14/01/2030) ** INE033L07IM5 | 3.39% |
| 8 | 7.32% Government of India (13/11/2030) IN0020230135 | 2.79% |
| 9 | 7.78% Sundaram Home Finance Limited (02/02/2028) ** INE667F07IY7 | 2.72% |
| 10 | HDFC Bank Limited INE040A01034 | 2.39% |
| 11 | GE Vernova T&D India Limited INE200A01026 | 2.12% |
| 12 | 7.1% Government of India (18/04/2029) IN0020220011 | 2.08% |
| 13 | ICICI Bank Limited INE090A01021 | 2.07% |
| 14 | 7.77% HDFC Bank Limited (28/06/2027) ** INE040A08823 | 2.05% |
| 15 | 8.6% Cholamandalam Investment and Finance Company Ltd (05/03/2029) ** INE121A07RX9 | 1.79% |
| 16 | Cholamandalam Investment and Finance Company Ltd INE121A01024 | 1.71% |
| 17 | Indus Towers Limited INE121J01017 | 1.58% |
| 18 | 8.32% Power Grid Corporation of India Limited (23/12/2030) ** INE752E07NL7 | 1.54% |
| 19 | Larsen & Toubro Limited INE018A01030 | 1.53% |
| 20 | Bharti Airtel Limited INE397D01024 | 1.44% |
Sector Allocation
CRISIL AAA26.2%
SOVEREIGN14.3%
Banks7.4%
Electrical Equipment5.5%
ICRA AAA4.8%
Finance4.2%
ICRA AA+3.7%
Telecom - Services3.0%
Construction1.9%
Pharmaceuticals & Biotechnology1.9%
Top 10 sectors by % to NAV. Excludes derivatives.