360 ONE Focused Fund
The manager is deliberately de-risking from largecap defensive plays, exiting HDFC Bank and Infosys to pivot toward infrastructure and financial services with stronger growth tailwinds—evident in new positions in JSW Steel and specialty pharma. The portfolio remains heavily concentrated in financials and electrical equipment (40%+ combined), betting that India's power and capex cycle will reward both lenders and equipment makers. The tightened cash buffer and measured portfolio refreshes signal moderating conviction rather than aggressive repositioning, suggesting the manager is selectively upgrading quality within a cautious stance.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹51.0489 | — | — | — | — | — | — |
| Regular Growth | ₹44.6680 | -0.60% | -5.28% | -6.61% | -2.21% | +12.26% | +13.44% |
| Direct IDCW | ₹50.5282 | — | — | — | — | — | — |
| Regular IDCW | ₹39.5222 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Varun Beverages Limited | 2.15% |
| JSW Steel Limited | 1.84% |
| Onesource Specialty Pharma Limited | 1.78% |
| PNB Housing Finance Limited | 1.33% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 8.63% |
| 2 | Bharti Airtel Limited INE397D01024 | 6.45% |
| 3 | Indus Towers Limited INE121J01017 | 5.69% |
| 4 | Cholamandalam Investment and Finance Company Ltd INE121A01024 | 5.16% |
| 5 | Axis Bank Limited INE238A01034 | 4.92% |
| 6 | GE Vernova T&D India Limited INE200A01026 | 4.68% |
| 7 | CG Power and Industrial Solutions Limited INE067A01029 | 4.17% |
| 8 | Larsen & Toubro Limited INE018A01030 | 4.12% |
| 9 | Premier Energies Limited INE0BS701011 | 3.96% |
| 10 | Kotak Mahindra Bank Limited INE237A01036 | 3.92% |
| 11 | Tata Motors Ltd INE1TAE01010 | 3.86% |
| 12 | Motherson Sumi Wiring India Limited INE0FS801015 | 3.60% |
| 13 | Eternal Limited INE758T01015 | 3.56% |
| 14 | The Indian Hotels Company Limited INE053A01029 | 3.37% |
| 15 | Bajaj Finance Limited INE296A01032 | 3.26% |
| 16 | TREPS nan | 2.99% |
| 17 | Shriram Finance Limited INE721A01047 | 2.90% |
| 18 | Divi's Laboratories Limited INE361B01024 | 2.74% |
| 19 | Titan Company Limited INE280A01028 | 2.66% |
| 20 | Varun Beverages Limited INE200M01039 | 2.15% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.