360 ONE Liquid Fund vs Abakkus Liquid Fund
Direct Plan, Growth option · Data as on 30-10-2026
360 ONE Liquid Fund and Abakkus Liquid Fund are both Liquid funds. 360 ONE Liquid Fund charges 0.23% a year and Abakkus Liquid Fund 0.21% (Direct plans). Their portfolios overlap 19.4%: they hold 7 of the same securities.
Which is better, 360 ONE Liquid or Abakkus Liquid? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Abakkus Liquid costs less: 0.21% a year against 0.23% (Direct plans).
- Abakkus Liquid fell less in its worst fall since 15-12-2025: −0.0% against −0.0%.
- Abakkus Liquid is the larger fund: ₹617 Cr against ₹529 Cr.
- Their portfolios overlap 19.4%: 7 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | 360 ONE Liquid Fund | Abakkus Liquid Fund |
|---|---|---|
| Fund house | 360 ONE Mutual Fund | Abakkus Mutual Fund |
| Category | Liquid | Liquid |
| AUM | ₹529 Cr (30-09-2026) | ₹617 Cr (30-09-2026) |
| NAV | ₹2,189.03 (Direct) | ₹105.21 (Direct) |
| Expense ratio (Direct) | 0.23% | 0.21% |
| Expense ratio (Regular) | 0.35% | 0.29% |
| Riskometer | Low to Moderate | Low to Moderate |
| Benchmark | CRISIL Liquid Debt A-I Index | CRISIL Liquid Debt A-I Index |
| Launch date | 13-11-2013 | 12-12-2025 |
| Minimum investment | ₹5,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Milan Mody | Abhishek Krishnaswami Srinivas, Sanjay Doshi |
| Exit load | Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days. | Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days. |
360 ONE Liquid vs Abakkus Liquid: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| 360 ONE Liquid Fund (Direct) | +0.43% | +1.47% | +3.02% | +6.23% | +6.70% | +6.23% | +5.73% |
| Abakkus Liquid Fund (Direct) | +0.43% | +1.44% | +3.02% | -- | -- | -- | -- |
| Liquid average | +0.44% | +1.46% | +3.06% | -- | -- | -- | -- |
Category average: the average of the 44 Liquid funds, same plan type.
360 ONE Liquid vs Abakkus Liquid: Year-wise Returns
| Year | 360 ONE360 ONE Liquid | AbakkusAbakkus Liquid |
|---|---|---|
| 2026to date | +5.19% | +4.90% |
| 2025 | +6.41% | -- |
| 2024 | +7.25% | -- |
| 2023 | +6.97% | -- |
| 2022 | +4.76% | -- |
| 2021 | +3.05% | -- |
360 ONE Liquid vs Abakkus Liquid: Rolling Returns
Every holding period of both funds
360 ONE Liquid vs Abakkus Liquid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | 360 ONE Liquid Fund (Direct) | Abakkus Liquid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.23% | +5.90% |
| Standard deviation | 0.19% | 0.12% |
| Sharpe ratio | 1.74 | 5.43 |
| Sortino ratio | 3.71 | 11.92 |
| Maximum drawdown | −0.0% (24-03-2020) | −0.0% (25-09-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 13-11-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
360 ONE Liquid Fund (Direct)
Abakkus Liquid Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| 360 ONE Liquid Fund (Direct) | −0.0% | 14-10-2026 | 15-10-2026 | 18-10-2026 | 3 days | 0.0% |
| Abakkus Liquid Fund (Direct) | −0.0% | 24-09-2026 | 25-09-2026 | 26-09-2026 | 1 days | 0.0% |
From daily values since 15-12-2025, the first day every fund has.
360 ONE Liquid vs Abakkus Liquid: Portfolio Overlap
From each fund's latest monthly portfolio: 360 ONE Liquid Fund, September 2026; Abakkus Liquid Fund, September 2026
Holdings in common
- Overlap
- 19.4%
- Held by both
- 7
- Only in 360 ONE Liquid
- 12
- Only in Abakkus Liquid
- 26
| Security | % of 360 ONE Liquid | % of Abakkus Liquid |
|---|---|---|
| Export Import Bank of India (04/12/2026) | 4.68% | 4.01% |
| Kotak Mahindra Bank Limited (21/12/2026) | 8.40% | 4.00% |
| Reliance Industries Limited (10/12/2026) | 4.67% | 4.00% |
| 91 Days Tbill (MD 15/10/2026) | 4.72% | 3.23% |
| 364 Days Tbill (MD 19/11/2026) | 4.70% | 2.41% |
| 91 Days Tbill (MD 08/10/2026) | 4.73% | 1.62% |
| Corporate Debt Market Development Fund | 0.63% | 0.16% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 19.4% means 19.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in 360 ONE Liquid Fund
| Security | % of fund |
|---|---|
| Reliance Retail Ventures Limited (06/11/2026) | 9.40% |
| Hindustan Petroleum Corporation Limited (02/12/2026) | 9.36% |
| 91 Days Tbill (MD 17/12/2026) | 9.35% |
| Godrej Industries Limited (12/10/2026) | 4.72% |
| L&T Finance Limited (05/11/2026) | 4.70% |
Largest holdings only in Abakkus Liquid Fund
| Security | % of fund |
|---|---|
| REC Limited (22/10/2026) | 4.04% |
| Indian Bank (27/10/2026) | 4.03% |
| ICICI Securities Limited (13/11/2026) | 4.02% |
| LIC Housing Finance Limited (26/11/2026) | 4.01% |
| Indian Oil Corporation Limited (08/12/2026) | 4.00% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | 360 ONE Liquid | Abakkus Liquid |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 97.9% | 90.0% |
| Cash and others | 2.1% | 10.0% |
360 ONE Liquid vs Abakkus Liquid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | 360 ONE Liquid Fund | Abakkus Liquid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.23% | 0.21% |
| Base expense ratio (Direct) | 0.20% | 0.17% |
| Total expense ratio (Regular) | 0.35% | 0.29% |
| Base expense ratio (Regular) | 0.30% | 0.24% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare 360 ONE Liquid with
360 ONE Liquid Fund vs Abakkus Liquid Fund: Frequently Asked Questions
What is the difference between 360 ONE Liquid Fund and Abakkus Liquid Fund?
Both are Liquid funds, run by 360 ONE Mutual Fund and Abakkus Mutual Fund. Their portfolios overlap 19.4%. 360 ONE Liquid Fund charges 0.23% a year and Abakkus Liquid Fund 0.21%.
Which has the lower expense ratio, 360 ONE Liquid Fund or Abakkus Liquid Fund?
Abakkus Liquid Fund charges less: 0.21% a year against 0.23%. These are the Direct plans' total expense ratios reported to AMFI.
How much do 360 ONE Liquid Fund and Abakkus Liquid Fund overlap?
19.4%. They hold 7 of the same securities, the largest shared ones being Export Import Bank of India (04/12/2026), Kotak Mahindra Bank Limited (21/12/2026), Reliance Industries Limited (10/12/2026). From each fund's latest monthly portfolio.
Which is riskier, 360 ONE Liquid Fund or Abakkus Liquid Fund?
On SEBI's riskometer, 360 ONE Liquid Fund is rated Low to Moderate and Abakkus Liquid Fund Low to Moderate. Over their common history, the standard deviation of daily returns was 0.19% and 0.12% a year.
Can I invest in both 360 ONE Liquid Fund and Abakkus Liquid Fund?
Yes. 19.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages 360 ONE Liquid Fund and Abakkus Liquid Fund?
360 ONE Liquid Fund: Milan Mody. Abakkus Liquid Fund: Abhishek Krishnaswami Srinivas, Sanjay Doshi.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.