360 ONE Mutual Fund has launched a new Specialised Investment Fund (SIF) named DynaSIF Active Asset Allocator Long-Short Fund, designed to deliver long-term growth and income while targeting risk-adjusted returns through dynamic asset allocation and structured risk management.
The New Fund Offer (NFO) for the scheme opened on March 6, 2026 and will remain available for subscription until March 20, 2026.
The fund follows an interval investment strategy and will allocate capital across multiple asset classes. These include equity, debt, commodities, equity and debt derivatives, Infrastructure Investment Trusts (InVITs), and commodity derivatives. The scheme may also take limited short positions through derivatives when required.
The investment approach is structured to pursue not only return generation but also risk-adjusted returns over the long term. The portfolio is designed to provide investors with a structured multi-asset allocation framework.
The NFO is open for investment from March 6, 2026 to March 20, 2026. The minimum investment amount during the NFO and for subsequent investments has been set at ₹10 lakh. Additional investments can be made in multiples of ₹1 thereafter.
For accredited investors, the minimum investment requirement is ₹1 lakh.
If an investor allocates capital across more than one DynaSIF investment strategy, the total investment across all such strategies must be at least ₹10 lakh.
An exit load of 0.5 percent will apply if units are redeemed within three months from the date of allotment. No exit load will be charged for redemptions made after three months.
The scheme falls under the Active Asset Allocator Long-Short Fund category. Its benchmark is composed of 25 percent BSE Sensex TRI, 60 percent CRISIL Short Term Bond Fund Index, and 15 percent iCOMDEX Composite Index.
The scheme will be managed by three fund managers. Harsh Agrawal will oversee the overall investment strategy, Milan Modi will manage the debt component, and Rahul Khetawat will manage the commodities allocation.
The portfolio will be diversified across multiple asset classes including equity, debt, commodities, equity and debt derivatives, and InVITs. The allocation across these assets will be adjusted periodically in response to market conditions. Limited short positions may be taken when necessary.
Anup Maheshwari, Co-founder and Chief Investment Officer at 360 ONE Asset Management, said the fund’s strategy is built on flexibility, enabling investments to be dynamically adjusted in response to changing market conditions. He stated that the strategy focuses not only on total return generation but also on risk-adjusted returns.
The fund will employ multiple risk management mechanisms.
The strategy includes taking both long and short positions in equities to generate alpha returns while reducing dependence on market direction.
Investments across equities and commodities will be diversified across different instruments.
Risk mitigation measures will include hedging strategies such as covered calls, arbitrage positions, and commodity hedging.
Dynamic asset allocation will be applied across asset classes based on market conditions, taking into account macroeconomic factors, liquidity trends, and future asset prospects.
The current investment environment is influenced by rapidly changing interest rate cycles, market volatility, shifts in asset correlations, inflation uncertainty, and liquidity shocks. In such conditions, traditional fixed-income products may not be sufficient.
The DynaSIF Active Asset Allocator Long-Short Fund has been structured in response to these conditions. The fund will actively allocate across equity, debt, commodities, and InvITs, while also using derivatives as part of its risk management approach.
Raghav Iyengar, Chief Executive Officer of 360 ONE Asset Management, said that changing market dynamics and investor requirements have made the traditional 60:40 investment model increasingly challenging. He stated that DynaSIF provides an investment framework combining growth and income with active risk management.
Earlier, on February 6, 2026, 360 ONE Mutual Fund launched the DynaSIF Equity Long-Short Fund. That scheme is an open-ended equity investment strategy aimed at delivering long-term capital appreciation through selected long and short positions in listed equities and derivatives.
