360 One Asset Management Launches Dynamic Equity Scheme

360 ONE Asset Management (formerly known as IIFL Asset Management), today launched  ‘360 ONE Flexicap Fund.’ It is an open-ended dynamic equity scheme investing across large-cap, mid-cap and small-cap stocks. 

360 ONE Flexicap Fund follows the SCDV (Secular-Cyclical-Defensives-Value Traps) framework to invest across market segments. According to the company,  the fund may also invest in opportunities arising from special situations such as IPO/FPO, OFS, demergers and acquisitions.

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 capitalisation range and investing the remaining portion in debt and money market instruments.

Commenting on the fund launch, Anup Maheshwari, Co-founder and CIO, 360 ONE Asset, said, “With evolving economic landscapes, the flexicap category provides a unique opportunity to capture diverse market opportunities effectively. Supported by favourable regulations, and growing consumption driven by rising retail credit, it provides the adaptability, diversification,for future readiness. It is perfectly aligned with India's expanding GDP and equity landscape."