MUTUAL FUNDS
360 ONE Mutual Fund files offer document for Multi Asset Allocation Fund
Apr-24-2025
360 ONE Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘360 ONE Multi Asset Allocation Fund'. The New Fund Offer price for units would be Rs 10 during the NFO period. Entry load will be nil. If units of the Scheme are redeemed/switched -out within 12 months from the date of allotment-Upto 10% of the units: No exit load will be levied, Above 10% of the units: exit load of 1% will be levied; If units of the Scheme are redeemed/switched -out after 12 months from the date of allotment- No exit will be levied. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked against the BSE 500 TRI –25% + NIFTY Composite Debt Index –45% + Domestic prices of Gold and Silver (30%). The minimum application amount is Rs 1000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes.

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