360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.00
• Std Deviation 0.00%
• Tracking Error 0.00%

The investment objective of scheme is to invest in in stocks comprising the Nifty 50 Index in the same proportion as in the index to achieve returns equivalent to the Total Returns Index of Nifty 50 Index, subject to tracking error, while offering deduction on such investment made in the scheme under section 80C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus. There is no assurance or guarantee that the investment objective of the Scheme would be achieved. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to avail Section 80C benefits.

The 360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth has an AUM of 92.11 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.52%. The minimum investment in 360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Moderate & Moderate respectively.

The top holdings of the fund include HDFC Bank, Reliance Industries, ICICI Bank & Bharti Airtel.

The major sectors where the fund is invested are Regional Banks, Oil & Gas Operations, Software & Programming & Communications Services.

Some of the similar funds are Sundaram L/T Micro cap Tax Advantage Fund Sries III Regular Growth, Taurus ELSS Tax Saver Fund-Growth Option, Samco ELSS Tax Saver Fund Regular Growth, Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth, 360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth. 360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.