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Business News/Market/Market Stats/    360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth

360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth

+
  • ELSS (Tax Savings)
  • Rating N.A.
  • Plan
12.36 +0.02 (0.14%) NAV as on 23 Apr, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)62.39
  • CAGR 27.25%
  • Exit Load0.00%
  • Expense ratio0.52%
  • Category -
  • Min Investment500
  • Min SIP500
  • Launch Date2023-01-02

Morning Star Rating N.A.

Moderate
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 24 April 2024

  • Name
  • Value (Cr)
  • Holding %
  • ITC
  • 2.39
  • 3.82%
View More

Risk & Volitility

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

About Fund

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 62.39 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 & Exceptional respectively.

 

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

 

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

 

Some of the similar funds are SBI Long Term Advantage Fund Series III Regular Plan Growth, Bank of India Midcap Tax Fund Series 1 Regular Growth, Shriram ELSS Tax Saver Fund Regular Growth, Navi ELSS Tax Saver 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%.

FAQs about 360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth

According to the morning star rating 360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth has a Moderate risk & Exceptional return.
360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth is managed by Parijat Garg.
The expense ratio of 360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth is 0.52%.
The 5 year annualized return on 360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth is 0.00% & it has generated 27.25% in the last 1 year.
The minimum investment in 360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth is 500 Rs.
360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth has an AUM of 62.39 crores.
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