IGI Logo

360 ONE Mutual Fund (MF) has launched 360 ONE Flexicap Fund, an open - ended dynamic equity scheme investing across large cap, mid cap and small cap stocks. The NFO opens for subscription on June 12, 2023 and closes on June 26, 2023. The Entry load is nil for the scheme. The Exit load will be 1% of the applicable NAV, for redemption/switch-out of units before 365 days from the date of allotment and nil, for redemption/switch-out of units on or after 365 days from the date of allotment. The minimum subscription amount is Rs 1,000 and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked against S&P BSE 500 TRI and its fund manager is Mayur Patel.

The investment objective of the scheme is to generate long-term capital appreciation by primarily investing in equity and equity related securities across the entire market capitalization range and investing the remaining portion in debt and money market instruments.