360 ONE Asset

About 360 ONE Asset

360 ONE Asset Management Limited is the asset management entity within the 360 ONE group. The company was formerly known as IIFL Asset Management Limited, reflecting its legacy within the earlier IIFL Wealth & Asset Management structure. The 360 ONE brand was introduced as part of the group's broader rebranding and consolidation of its wealth and asset management businesses.

Today, 360 ONE Asset operates across public and private investment markets. Its product suite includes AIFs, PMS, mutual funds and other investment solutions covering listed equity, private equity, private credit, fixed income and real assets. The business also has capabilities serving offshore mandates and investors seeking exposure to Indian investment opportunities.

The asset management platform is supported by specialist investment teams across different asset classes. Its current business structure separates the core asset management company from 360 ONE Alternates Asset Management Limited, which handles the group's alternatives platform across areas such as private equity, private credit, real assets and renewables. The two legal entities should therefore be distinguished when evaluating individual funds and strategies.

For investors researching the platform, the 360 ONE Asset company profile provides a consolidated view of the asset-management business and relevant investment opportunities available through ALTPORT.

360 ONE Asset vs 360 ONE Wealth: What Is the Difference?

360 ONE Asset and 360 ONE Wealth represent different business functions within the wider 360 ONE group. 360 ONE Asset is focused on managing investment products and strategies, while 360 ONE Wealth is focused on wealth-management and advisory services for clients.

360 ONE Asset manages products such as AIFs, PMS, mutual funds and private-market strategies. Its investment platform covers public equity, private equity, private credit, real assets and related strategies.

360 ONE Wealth, by contrast, operates within the group's wealth-management business and focuses on services for wealthy individuals, families and institutions. Wealth-management information, private-banking awards or wealth-specific operating statistics should therefore not be treated as attributes of 360 ONE Asset.

This distinction is particularly relevant when evaluating fund managers, AUM, investment strategies and product-level information.

360 ONE Asset AUM and Business Mix

As of 31 March 2026, 360 ONE Asset reported approximately US$10 billion of overall listed-market and alternatives AUM, covering funds managed by 360 ONE Asset Management Limited and 360 ONE Alternates Asset Management Limited. The same disclosure stated that private-market AUM was above US$5 billion. The platform also had an additional US$3 billion of AUM in offshore mandates across markets including the USA, Canada, UAE, Singapore and Europe.

The AUM figure covers multiple business lines rather than a single fund or strategy. Investors should therefore distinguish between company-level AUM, alternatives AUM, PMS AUM, mutual fund assets and individual scheme-level assets when evaluating 360 ONE Asset.

360 ONE Asset Investment Platforms

360 ONE Asset operates across multiple investment platforms, allowing investors to access different market segments through separate structures and mandates. Its current platform covers listed equity, private equity and venture capital, private credit and structured credit, real assets and renewables.

Listed Equity, PMS & Category III AIF

The listed-equity business provides exposure to public markets through mutual funds, PMS and Category III AIF structures. The platform describes its listed-equity approach around Diversified, Concentrated and Thematic strategies, supported by a proprietary S-C-D-V framework covering Secular, Cyclical, Defensive and Value Trap classifications.

PMS mandates are managed as segregated portfolios for individual investors, while Category III AIFs provide pooled investment structures. The current PMS platform includes discretionary portfolios constructed around investor objectives and supported by research-led portfolio management.

Investors researching individual PMS strategies can explore 360 ONE Multicap PMS. For the broader regulatory structure, ALTPORT also provides information on portfolio management services and Category III AIFs.

Private Equity & Venture Capital

360 ONE's private equity platform covers multiple stages of the private-company lifecycle, from venture capital and growth equity to late-stage private equity, pre-IPO opportunities, secondaries and fund-of-funds strategies. The platform also includes thematic investing and co-investment capabilities.

The private-equity business is supported by sector-focused teams, including specialists covering healthcare and consumer sectors. Individual investment strategies should be assessed separately because investment mandate, fund structure, portfolio construction and holding period can differ materially across funds.

The 360 ONE Healthcare Opportunities Fund provides a dedicated reference point for investors researching the healthcare-focused private-market platform.

Private Credit & Structured Credit

The private-credit platform focuses on providing capital solutions to companies through senior secured lending, acquisition finance, promoter consolidation, growth capital, refinancing and event-driven financing. Its stated underwriting framework considers factors including promoter character, collateral, cash flows, covenants, and control or corrective action.

Structured-credit strategies may target opportunities where conventional financing is less suited to a company's capital requirements. These investments can involve different credit structures, collateral arrangements, covenants and repayment profiles, making scheme-level documentation important before investing.

Investors can learn more about the broader asset class through ALTPORT's private credit section.

Real Assets & Infrastructure

The real-assets platform covers areas including commercial real estate, infrastructure, REITs, InvITs, logistics and warehousing. The business combines direct and structured investment opportunities with partnerships across tangible assets.

Real-asset strategies can have different liquidity characteristics from listed-market products, with investment periods and exit mechanisms determined by the underlying asset and fund structure.

Renewables

The renewables platform focuses on renewable-energy investments and related infrastructure. The current leadership structure identifies a dedicated CIO and Head of Renewables within 360 ONE Alternates Asset Management Limited, with capabilities spanning renewable-energy investing and related operating expertise.

The platform's investment universe includes areas such as solar, storage and energy solutions. Individual fund documentation should be reviewed for strategy, geography, tenure and risk parameters.

Pre-IPO, Secondaries & Fund of Funds

360 ONE's private-equity platform extends into pre-IPO investments, private-equity secondaries and fund-of-funds structures. This gives the platform exposure to companies at different points between early-stage development and public-market listing.

The group has also developed strategies focused on pre-IPO and special opportunities. Investors looking for a specific strategy can review the 360 ONE Special Opportunities Fund for scheme-level information.

360 ONE Asset Investment Philosophy and Approach

360 ONE Asset describes its investment approach as research-led, with an emphasis on understanding businesses, sectors, market structures and investment opportunities across asset classes. The listed-equity platform uses a proprietary S-C-D-V framework to classify opportunities across secular, cyclical and defensive characteristics while identifying value traps.

The PMS platform combines portfolio construction, research and active oversight. Its current framework includes concentrated, high-conviction portfolios, top-down and bottom-up analysis and a risk overlay.

Across private markets, investment processes differ by asset class. Private equity teams evaluate businesses and growth opportunities, while private-credit teams use underwriting frameworks focused on borrower quality, collateral, cash flows and contractual protections. Real-assets strategies use asset-specific analysis covering areas such as infrastructure and commercial real estate.

360 ONE Asset Key Milestones and Firsts

360 ONE Asset's development has included several milestones across alternatives and public markets:

• 2013: The group's earlier asset-management business expanded into alternative investment management.
• 2017: The earlier IIFL Asset Management business launched its Special Opportunities Fund, described as a pre-IPO-focused fund.
• 2021: The asset-management platform's combined AUM across alternatives, PMS and mutual funds crossed ₹50,000 crore, according to the group's historical journey materials.
• 2022: IIFL Wealth & Asset Management was rebranded as 360 ONE.
• 2026: 360 ONE Asset continued expanding its private-market platform across private equity, private credit, real assets and renewables.

The group's current asset-management platform now combines public-market and alternative investment capabilities under the 360 ONE Asset and 360 ONE Alternates entities.

360 ONE Asset Leadership and Investment Team

Raghav Iyengar is the Chief Executive Officer of 360 ONE Asset Management Limited. He has more than three decades of experience in financial services and is responsible for the strategic direction and growth agenda of the asset-management business, including product development, distribution, institutional relationships, risk management and regulatory matters.

Anup Maheshwari is Co-Founder & CIO of 360 ONE Asset Management Limited. He is responsible for strategy and investments across the asset-management business, including mutual funds and AIFs. He has more than 25 years of financial-services experience and previously spent more than two decades with DSP Investment Managers.

Anshuman Maheshwary is Chief Executive Officer of 360 ONE Alternates. He leads the alternatives business covering private equity, private credit, real assets, renewables and other private-market strategies.

The specialist investment team includes Aakash Desai, CIO & Head of Private Credit; Sameer Nath, CIO and Head of Venture Capital and Private Equity; Pritam Doshi, CIO & Head of Renewables; and Deepak Aswani, CIO & Head of Real Assets.

At the public-market level, Mitul Patel is Senior Executive Vice President, Fund Management, while Charanjit Singh is Senior Executive Vice President & Fund Manager for AIFs.

For additional information on individual investment professionals, see Karan Bhagat and Tarun Sharma.

360 ONE Asset Funds Available on ALTPORT

Selected 360 ONE Asset investment opportunities available through ALTPORT include:

The fund directory is intended to provide access to individual investment pages. Scheme-level information, including applicable eligibility, minimum investment, fees, tenure, liquidity, risk factors and portfolio mandate, should be reviewed on the respective investment page and applicable scheme documents.

How to Invest in 360 ONE Asset Funds Through ALTPORT

Investors interested in 360 ONE Asset opportunities through ALTPORT can begin by identifying the relevant investment category, such as PMS, Category II AIF, Category III AIF, private equity, private credit or GIFT City opportunities.

The next step is to review the individual investment page and applicable scheme documentation. Investors should evaluate eligibility, investment horizon, liquidity, risk factors, fees and other terms before proceeding.

For investors exploring the broader AIF platform, ALTPORT provides dedicated resources for Category II AIFs,  Category III AIFs, and AIF for NRIs. Information on GIFT City funds is also available for eligible investors.

Investors can contact ALTPORT through the contact page for assistance with the relevant investment opportunity and documentation.