360 ONE Multi Asset Allocation Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹12.2383 | — | — | — | — |
| Regular Growth | ₹12.0956 | +0.97% | — | — | — |
| Direct IDCW | ₹12.2383 | — | — | — | — |
| Regular IDCW | ₹12.0956 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does 360 ONE Multi Asset Allocation Fund hold?
360 ONE Multi Asset Allocation Fund holds 73 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 33.77% of NAV.
What is the largest holding in 360 ONE Multi Asset Allocation Fund?
The largest position in 360 ONE Multi Asset Allocation Fund is 360 One Gold Exchange Traded Fund, accounting for 22.90% of NAV in the nan sector.
Is 360 ONE Multi Asset Allocation Fund a concentrated or diversified fund?
With a Gini coefficient of 0.521, 360 ONE Multi Asset Allocation Fund is moderately concentrated. The HHI concentration index is 61,376 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 33.77% of the portfolio.
What is the market cap allocation of 360 ONE Multi Asset Allocation Fund?
Based on SEBI's AMFI classification, 360 ONE Multi Asset Allocation Fund's equity portfolio is split as: Large Cap: 15.99%, Mid Cap: 3.37%, Small Cap: 3.86%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does 360 ONE Multi Asset Allocation Fund invest in most?
360 ONE Multi Asset Allocation Fund has the highest allocation to nan (27.22%), SOVEREIGN (12.40%), ICRA AAA (5.27%). The fund is invested across 33 sectors in total.
How actively managed is 360 ONE Multi Asset Allocation Fund compared to other Multi Asset Allocation funds?
360 ONE Multi Asset Allocation Fund has an Active Share of 74.33%, classifying it as "Highly Differentiated" among 32 Multi Asset Allocation peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in 360 ONE Multi Asset Allocation Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, 360 ONE Multi Asset Allocation Fund added 11 new stocks (including Varun Beverages Limited) and exited 7 stocks (including Vedanta Limited). Total holding count increased from 72 to 76 stocks.