360 ONE Flexicap Fund
360 ONE Mutual Fund·Flexi Cap Fund·vs Nifty 500 TRI
The fund maintains a conviction-driven approach with nearly 37% concentrated in its top ten holdings, signaling selective stock picking over broad diversification. The manager is repositioning away from mega-cap stability, exiting HDFC Bank and Reliance while building exposure to growth-oriented plays like GE Vernova and newly added specialty pharma and steel stocks. This tactical shift toward infrastructure, power, and mid-cap quality suggests confidence in cyclical recovery and domestically-focused sectors over traditional large-cap defensiveness.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹15.2524 | — | — | — | — | — | — |
| Regular Growth | ₹14.5824 | +1.62% | -2.34% | -5.49% | -0.25% | — | — |
| Direct IDCW | ₹15.2524 | — | — | — | — | — | — |
| Regular IDCW | ₹14.5824 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
52
Top 5 Weight
20.48%
Top 10 Weight
36.52%
Active Share
—
Large Cap
50.42%
Gini
0.321
What Changed2026-03-31 → 2026-04-30
Holdings: 50 → 54+9 added−6 removed27 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Onesource Specialty Pharma Limited | 1.68% |
| Varun Beverages Limited | 1.54% |
| PNB Housing Finance Limited | 1.25% |
| Shaily Engineering Plastics Limited | 1.11% |
| JSW Steel Limited | 1.04% |
| Malco Energy Limited ** | 0.32% |
| Vedanta Iron And Steel Limited ** | 0.32% |
| Vedanta Aluminium Metal Limited ** | 0.32% |
| Talwandi Sabo Power Limited ** | 0.32% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 4.68% |
| 2 | GE Vernova T&D India Limited INE200A01026 | 4.67% |
| 3 | Larsen & Toubro Limited INE018A01030 | 3.80% |
| 4 | Kotak Mahindra Bank Limited INE237A01036 | 3.67% |
| 5 | Indus Towers Limited INE121J01017 | 3.65% |
| 6 | Axis Bank Limited INE238A01034 | 3.40% |
| 7 | Cholamandalam Investment and Finance Company Ltd INE121A01024 | 3.40% |
| 8 | Tata Motors Ltd INE1TAE01010 | 3.30% |
| 9 | Bharti Airtel Limited INE397D01024 | 3.05% |
| 10 | Multi Commodity Exchange of India Limited INE745G01043 | 2.89% |
| 11 | Motherson Sumi Wiring India Limited INE0FS801015 | 2.74% |
| 12 | The Indian Hotels Company Limited INE053A01029 | 2.68% |
| 13 | Premier Energies Limited INE0BS701011 | 2.65% |
| 14 | Eternal Limited INE758T01015 | 2.59% |
| 15 | CG Power and Industrial Solutions Limited INE067A01029 | 2.32% |
| 16 | Shriram Finance Limited INE721A01047 | 2.30% |
| 17 | Bajaj Finance Limited INE296A01032 | 2.21% |
| 18 | TREPS nan | 2.12% |
| 19 | Titan Company Limited INE280A01028 | 2.08% |
| 20 | Britannia Industries Limited INE216A01030 | 2.01% |
Sector Allocation
Banks14.2%
Electrical Equipment11.4%
Finance9.2%
Telecom - Services6.7%
Construction5.3%
Pharmaceuticals & Biotechnology5.2%
Consumer Durables4.7%
Capital Markets4.5%
IT - Software3.3%
Automobiles3.3%
Top 10 sectors by % to NAV. Excludes derivatives.