NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

360 ONE ELSS Tax Saver Nifty 50 Index Fund Payout Inc Dist cum Cap Wdrl for NRI [12.92]

Min Investment

₹500

Fund Size

₹75.82 Cr

Expense Ratio

0.5%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

₹12.92

-2.22%

NAV as on 17 Jan 25, 12:00 AM

very high risk

elss (tax savings)

elss

NAV as on 17 Jan 25, 12:00 AM

very high risk

elss (tax savings)

elss

10.67%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

16.47%p.a.

Since Inception

About 360 ONE ELSS Tax Saver Nifty 50 Index Fund Payout Inc Dist cum Cap Wdrl for NRIs

NRIs can achieve long-term capital appreciation by investing in the 360 ONE ELSS Tax Saver Nifty 50 Index Fund Payout Inc Dist cum Cap Wdrl scheme from 360 ONE Asset Management Limited. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Jan 2023, 360 ONE ELSS Tax Saver Nifty 50 Index Fund Payout Inc Dist cum Cap Wdrl is ELSS (Tax Savings) fund of its category with 75.82 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.

  • 360 ONE ELSS Tax Saver Nifty 50 Index Fund Payout Inc Dist cum Cap Wdrl delivered 10.7% annual returns during the last year. It has delivered 16.5% average annual returns since the fund was launched.
  • 360 ONE ELSS Tax Saver Nifty 50 Index Fund Payout Inc Dist cum Cap Wdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in elss

Fund Objective

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.

Top 10 Holdings

HDFC Bank Ltd

12.48%

ICICI Bank Ltd

8.39%

Reliance Industries Ltd

8.03%

Infosys Ltd

6.13%

ITC Ltd

4.06%

Larsen & Toubro Ltd

4.02%

Tata Consultancy Services Ltd

4.00%

Bharti Airtel Ltd

4.00%

Axis Bank Ltd

2.97%

State Bank of India

2.96%

Fund Managers

  1. Parijat Garg (Jan 2023 - Present)
  2. Rohit Vaidyanathan (Jun 2024 - Present)

Key Information

View Scheme Document

360 ONE ELSS Tax Saver Nifty 50 Index Fund Payout Inc Dist cum Cap Wdrl SIP Calculator

If invested

₹5,000

per month

For a period of

Investment of ₹0 could have been

₹0(+0.0%)

₹0 (+0.0%)

This Fund

₹0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on 360 ONE ELSS Tax Saver Nifty 50 Index Fund Payout Inc Dist cum Cap Wdrl

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in 360 ONE ELSS Tax Saver Nifty 50 Index Fund Payout Inc Dist cum Cap Wdrl?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in 360 ONE ELSS Tax Saver Nifty 50 Index Fund Payout Inc Dist cum Cap Wdrl
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

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Frequently Asked Questions

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