360 ONE Multi Asset Allocation Fund
360 ONE Mutual Fund·Multi Asset Allocation·vs Nifty 200 TRI
The fund remains heavily anchored to gold as an inflation hedge and portfolio stabilizer, with nearly 30% exposure dominating what is otherwise a balanced multi-asset structure. The manager has trimmed gold concentration slightly while adding selective equity exposure through quality names like Varun Beverages and JSW Steel, signaling a modest shift toward growth without abandoning the defensive gold posture. This tactical rebalancing, combined with elevated cash reserves, suggests cautious optimism about equity valuations while maintaining optionality.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹12.1558 | — | — | — | — | — | — |
| Regular Growth | ₹12.0144 | +1.28% | -0.74% | +8.07% | — | — | — |
| Direct IDCW | ₹12.1558 | — | — | — | — | — | — |
| Regular IDCW | ₹12.0144 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
73
Top 5 Weight
33.77%
Top 10 Weight
42.60%
Active Share
—
Large Cap
15.99%
Gini
0.521
What Changed2026-03-31 → 2026-04-30
Holdings: 72 → 76+11 added−7 removed35 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Varun Beverages Limited | 0.62% |
| Onesource Specialty Pharma Limited | 0.38% |
| JSW Steel Limited | 0.34% |
| PNB Housing Finance Limited | 0.33% |
| Shaily Engineering Plastics Limited | 0.32% |
| Multi Commodity Exchange of India Limited | 0.14% |
| Malco Energy Limited ** | 0.06% |
| Vedanta Aluminium Metal Limited ** | 0.06% |
| Vedanta Iron And Steel Limited ** | 0.06% |
| Talwandi Sabo Power Limited ** | 0.06% |
| 9% Piramal Finance Limited (28/06/2027) ** | 1.17% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | 360 One Gold Exchange Traded Fund INF579M01BB5 | 22.90% |
| 2 | TREPS nan | 9.19% |
| 3 | ICICI Prudential Gold ETF INF109KC1NT3 | 3.57% |
| 4 | 8.6% Cholamandalam Investment and Finance Company Ltd (05/03/2029) ** INE121A07RX9 | 2.82% |
| 5 | 7.64% National Bank For Agriculture and Rural Development (06/12/2029) ** INE261F08EJ7 | 2.32% |
| 6 | 7.5343% PNB Housing Finance Limited (13/01/2031) ** INE572E07266 | 2.16% |
| 7 | Reverse Repo nan | 2.11% |
| 8 | ICICI Bank Limited INE090A01021 | 1.83% |
| 9 | 6.9% Housing & Urban Development Corporation Limited (06/05/2030) ** INE031A08970 | 1.81% |
| 10 | Embassy Office Parks REIT INE041025011 | 1.74% |
| 11 | Gold nan | 1.74% |
| 12 | 6.01% Government of India (21/07/2030) IN0020250067 | 1.70% |
| 13 | 7.24% Government of India (18/08/2055) IN0020250075 | 1.67% |
| 14 | Brookfield India Real Estate Trust INE0FDU25010 | 1.57% |
| 15 | Bharti Airtel Limited INE397D01024 | 1.38% |
| 16 | Cholamandalam Investment and Finance Company Ltd INE121A01024 | 1.26% |
| 17 | Axis Bank Limited INE238A01034 | 1.19% |
| 18 | 7.32% Government of India (13/11/2030) IN0020230135 | 1.19% |
| 19 | 7.02% Government of India (18/06/2031) IN0020240076 | 1.17% |
| 20 | 9% Piramal Finance Limited (28/06/2027) ** INE202B07JT0 | 1.17% |
Sector Allocation
nan27.2%
SOVEREIGN12.4%
ICRA AAA5.3%
CRISIL AAA4.6%
Banks4.5%
ICRA AA+4.0%
Realty3.3%
Finance2.9%
Electrical Equipment2.8%
Telecom - Services2.5%
Top 10 sectors by % to NAV. Excludes derivatives.