Mumbai: 360 ONE Mutual Fund has introduced a new fund called the 360 ONE Overnight Fund. This is a New Fund Offer (NFO) available from July 1 to July 9, 2025, on the BSE StAR MF platform.
The NFO offers both Systematic Investment Plan (SIP) and lump sum investment options. Clients can invest in this fund during the offer period by completing payments on time.
Fund Details and Plans
The scheme has six plan options:
Regular Plan – Growth (ISIN: INF579M01BD1)
Regular Plan – IDCW Payout (ISIN: INF579M01BE9)
Regular Plan – IDCW Reinvestment (ISIN: INF579M01BF6)
Direct Plan – Growth (ISIN: INF579M01BG4)
Direct Plan – IDCW Payout (ISIN: INF579M01BH2)
Direct Plan – IDCW Reinvestment (ISIN: INF579M01BI0)
The tentative allotment date for all plans is July 10, 2025.
Payment and Allotment Rules
Clear funds must reach the ICCL account by 6:00 PM on July 9, 2025.
Cheques and OTM payments are accepted if the funds are clear by the deadline.
Any transaction where the investor does not initiate payment by 9:00 AM on T+1 day will be cancelled.
SIP and XSIP registrations must be completed before 3:00 PM on July 9.
Switches will be accepted if funds are received before allotment date.
For lump sum purchases, the NFO will stay open until midnight on July 9.
Investors are advised to ensure timely payment to avoid rejection.
