Investment type
360 ONE ELSS Tax Saver Nifty 50 Index Fund-Dir (G) is a mutual fund under the Tax Saving Funds category, managed by 360 ONE Mutual Fund. It was launched on 22 Mar 2010, and has been active for over 15 years. As of 31 Mar 2025 the fund manages assets worth ₹85 Crores. The expense ratio is 0.27%.
This fund generated returns of 5.75% in the last 1 year. Since its inception, it has provided an average annual return of 15.3%.
The fund's investments are mainly concentrated in sectors like Banks, IT-Software, Petroleum Products, Automobiles and Diversified FMCG.
The top five holdings in this fund include prominent companies such as HDFC Bank, ICICI Bank, Reliance Industr, Infosys and Bharti Airtel.
The investment objective of scheme is to invest 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.
ELSS funds carry moderate to high risk due to their equity exposure, though they also offer tax benefits.
Yes, if you want tax savings and are willing to invest in equities with a three-year lock-in period.
The minimum is three years, but staying invested longer can help maximize returns.
No, ELSS funds have a mandatory lock-in period of three years.
Expense ratios for ELSS funds can vary from 1% to 2%, which is typical for actively managed funds.
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