Question 1

How to invest in 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan?

Accepted Answer

Kuvera makes mutual fund investments simpler and faster. To invest in 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan, login to Kuvera and search for 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan. You can also go to "Invest", select "All Mutual Funds" and scroll to 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan. Click on this to check details on the fund's performance and fundamentals. Depending on your risk appetite and investment objective, select either the Monthly SIP or One time (Lump sum investment) option and complete the investment process.

Question 2

What kind of returns has 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan provided?

Accepted Answer

360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan has given 25.4% over the last 1 year , 0.0% over the last 3 years, 0.0% over the last 5 years and 16.3% since its inception.

Question 3

What is the minimum SIP amount of 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan?

Accepted Answer

Minimum SIP amount required for 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan is INR 500.

Question 4

What is the minimum lump sum amount required to invest in 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan?

Accepted Answer

Minimum lump sum amount required for 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan is INR 500.

Question 5

How to start 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan SIP online?

Accepted Answer

Create an account on Kuvera to invest in over 5000 direct mutual funds from the leading AMCs in India. To start an SIP for 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan online, follow the steps given below:

Step 1: Login to Kuvera and click on Invest and then select Mutual Funds.

Step 2: Search by name, or scroll to 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan and click on it.

Step 3: Choose Monthly SIP and enter the SIP amount and date for every month.

Step 4: Complete the fund transfer and you are done!

You can explore SIP, STP and SWP tabs in your cart to see all the funds that have existing SIPs.

Question 6

How to redeem 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan?

Accepted Answer

Redeeming mutual funds on Kuvera is fast and hassle-free. To redeem 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan, just go to your portfolio on the Kuvera app or website, click on the "Redeem" option under 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan, enter your desired amount, or check the "Yes" next to Redeem all units if you want to redeem your entire holding.

Question 7

Can I invest in SIP and Lump sum of 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan IDCW?

Accepted Answer

Yes, you can invest in 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan IDCW on Kuvera through SIP and Lump sum options. Follow these steps to get started :

On Kuvera app :

Step 1: Login and click on Invest and All Mutual Funds.

Step 2: Click on Filter, select "Plan" type as "Dividend". You will see the IDCW plans.

Step 3: Select 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan and choose Monthly SIP or One Time investment options.

On Kuvera website

Step 1: Login and click on Invest on the home screen, select Mutual Funds.

Step 2:Turn the toggle from "Growth" to "Dividend" and you will see the results of all the IDCW plans.

Step 3: Select 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan and choose Monthly SIP or One Time (Lump sum) investment options.

Question 8

How to start 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan SIP online?

Accepted Answer

Create an account on Kuvera to invest in over 5000 direct mutual funds from the leading AMCs in India. To start an SIP for 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan online, follow the steps given below:

Step 1: Login to Kuvera and click on Invest and then select Mutual Funds.

Step 2: Search by name, or scroll to 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan and click on it.

Step 3: Choose Monthly SIP and enter the SIP amount and date for every month.

Step 4: Complete the fund transfer and you are done!

You can explore SIP, STP and SWP tabs in your cart to see all the funds that have existing SIPs.

Question 9

What is the expense ratio of 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan?

Accepted Answer

Expense ratio is the amount (in percentage) which is charged by the mutual fund as a fee for managing your investment. Expense ratio of 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan is 0.27% as on 19/04/2024.

Question 10

What is the NAV of 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan?

Accepted Answer

NAV is the market value of the securities/assets held by the mutual fund divided by the total number of units issued by it. In simple terms, it is the price of a unit of the mutual fund. NAV of 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan is INR 12.20 as on 19/04/2024.

Question 11

What is the total asset under management of 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan?

Accepted Answer

360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan has assets under management worth INR 62 Cr.

Question 12

What is risk category of the 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan?

Accepted Answer

As per SEBI regulations, all mutual funds should indicate the level of risk involved with investing in the mutual fund. There are five levels of risk (a) Low: Principal at low risk, (b) Moderately Low: Principal at moderately low risk, (c) Moderate: Principal at moderate risk, (d) Moderately High: Principal at moderately high risk, (e) High: Principal at high risk. Risk category of 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan is Very High Risk.

Question 13

What are the top holdings of 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan?

Accepted Answer

The top 10 holdings of the 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan as on 19/04/2024 are HDFC Bank Ltd at 10.94%, Reliance Industries Ltd at 10.11%, ICICI Bank Ltd at 7.71%, Infosys Ltd at 5.38%, Larsen & Toubro Ltd at 4.48%, Tata Consultancy Services Ltd at 3.95%, ITC Ltd at 3.82%, Bharti Airtel Ltd at 3.15%, Axis Bank Ltd at 2.94%, State Bank of India at 2.90% .

Question 14

How will the gains from the 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan be taxed?

Accepted Answer

360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan is an equity mutual fund and the capital gains made from it are taxed at the rate of 10% for long term gains (if you hold your units for 1 year or more) and at the rate of 15% for short terms gains (if you hold your units for less than a year).

Question 15

What is the investment objective of 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan?

Accepted Answer

Investment objective of the 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan:

The investment objective of scheme is to invest in 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.

Question 16

What is the category of the 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan?

Accepted Answer

The category of the 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan is ELSS.

Question 17

Who is the fund manager of 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan?

Accepted Answer

360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan is managed by Parijat Garg as on 19/04/2024.

Question 18

What is the exit load for 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan?

Accepted Answer

Exit load is the fee/penalty which some of the mutual funds charge in case an investor decides to sell his/her mutual fund units within the exit load window. Exit load for 360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan is

No exit load.

360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan

360 One ELSS Tax Saver Nifty 50 Index Growth Direct Plan

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