360 One ELSS Tax Saver Nifty 50 Index Fund
The scheme seeks 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).
Growthvine rating: 2/5 — ranked #33 of 57 in category.
Fund basics
| Category | Equity: ELSS |
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| NAV | ₹13.67 (as of 2026-08-21) |
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| AUM | ₹69 Cr |
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| Expense ratio | 0.52% |
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| Riskometer | Very High |
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| Fund manager | Viral Mehta |
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| Exit load | 0 |
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Performance & risk
| Sharpe ratio | 0.21 |
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| Standard deviation | 13.59% |
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| Max drawdown | -15.48% |
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| Alpha | -2.93 |
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| Beta | 0.87 |
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Over 5 years, captured 81.7% of Nifty 500's upside and 94.2% of its downside.
Market cap allocation
| Large cap | 98.6% |
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| Mid cap | 1.4% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 36.7% |
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| Top 10 holdings | 52.6% |
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| Total holdings | 50 |
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| Index overlap | 55.8% |
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| Active share | 44.2% |
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Top holdings
- HDFC Bank Ltd. — 10.2%
- ICICI Bank Ltd. — 9.2%
- Reliance Industries Ltd — 7.9%
- Bharti Airtel Ltd. — 5.3%
- Larsen & Toubro Limited — 4.1%
- State Bank Of India — 3.8%
- Infosys Ltd — 3.5%
- AXIS Bank Ltd. — 3.2%
- Bajaj Finance Limited — 2.7%
- Mahindra & Mahindra Ltd. — 2.7%
Top sectors
- Banking & Financial — 29.4%
- Software & Services — 8.4%
- Petroleum Products — 7.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | -6.6% | Q4 (Bottom) | #49 of 52 |
| 2025 | 11.3% | Q1 (Top) | #1 of 51 |
| 2024 | 9.5% | Q4 (Bottom) | #48 of 51 |