360 One - High Conviction Fund AIF: Returns, Portfolio & Fees

AIF · Equity · CAT III - LONG ONLY - MULTI CAP & FLEXI CAP

360 One - High Conviction Fund

Fund size₹457 Cr

Alpha (3Y)4.41%

3Y return15.34%

Fund age6 yrs 8 mo

Fund Manager

Mehul Jani

Fund Manager, AIF, 360 ONE

Mehul has over 15 years of experience in covering and managing financial services and consumer stocks. Prior to working with IIFL, he worked with DSP BlackRock (a joint venture between BlackRock and the DSP Group in India) for 10 years as an analyst and fund manager. His previous experience includes Morgan Stanley Plc, London, for 4 years, as an associate, dealing with structured product valuation and fund derivatives. Mehul is an alumnus of Cass Business School, London and holds a Masters in Banking and International Finance. He is also a CFA charter holder.

Managing AUM₹3,210 Cr

Growth of₹Cr

360 One High Conviction

Returns: How it has done

Scheme / Benchmark	YTD	1Y	2Y	3Y	5Y	Since inception
360 One High Conviction	0.85%	−2.55%	4.72%	15.34%	10.91%	13.55%
Nifty 500	−1.07%	2.60%	0.44%	11.38%	12.05%	14.50%
Excess over benchmark	1.92%	−5.15%	4.28%	3.96%	−1.14%	−0.95%

Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 31 Jul 2026.

Risk : What you take on to earn the return

Volatility

13.65%

Benchmark approx 14.48%

A standard deviation reflecting historical swings.

Sensitivity

0.76

Beta vs benchmark 1.00 · 24% less reactive

How strongly the scheme moves with the index.

Risk-reward

0.69

Sharpe

Excess return gained per unit of volatility.

Capture ratio

90 / 61

Upside / Downside Capture

Share of market gains captured versus losses absorbed.

How far below its previous high it fell

Over the trailing 3Y window the scheme fell −15.36% from its 21 Sep 2025 peak to a 31 Mar 2026 trough. It has not yet recovered.

Max drawdowns

−15.36%

Scheme Drawdown Trajectory

Drawdown analysis	Peak	Trough	Depth	Fell over	Recovered	Recovery took
Scheme	21 Sep 2025	31 Mar 2026	−15.36%	191 days	–	–
Benchmark	30 Aug 2024	28 Feb 2025	−18.59%	182 days	–	–

Scheme

Peak21 Sep 2025

Trough31 Mar 2026

Depth−15.36%

Fell over191 days

Recovered–

Recovery took–

Benchmark

Peak30 Aug 2024

Trough28 Feb 2025

Depth−18.59%

Fell over182 days

Recovered–

Recovery took–

The benchmark's peak, trough and recovery are read off its month-end curve; the scheme's row is measured on daily NAV. · Risk and drawdown use a trailing 3Y window · As on 31 Jul 2026

Portfolio Details : Where the money actually sits

Stocks

P/E ratio

31.03

P/B ratio

4.31

Dividend yield

0.29%

Avg market cap

₹2.58 L Cr

Median market cap

₹20,685 Cr

Asset class

Equity

Market cap

Large cap58.02%

Mid cap

Small cap40.11%

Cash & others

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