360 ONE MSCI India ETF vs JioBlackRock Flexi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
360 ONE MSCI India ETF is an ETF fund and JioBlackRock Flexi Cap Fund is a Flexi Cap fund. Their portfolios overlap 47.1%: they hold 61 of the same securities.
Which is better, 360 ONE MSCI India ETF or JioBlackRock Flexi Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- JioBlackRock Flexi Cap fell less in its worst fall since 29-05-2026: −9.5% against −9.9%.
- 360 ONE MSCI India ETF holds more in large companies: 78.3% of the fund in large caps against 60.6%.
- JioBlackRock Flexi Cap is the larger fund: ₹3,175 Cr against ₹6 Cr.
- Their portfolios overlap 47.1%: 61 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 MSCI India ETF | JioBlackRock Flexi Cap Fund |
|---|---|---|
| Fund house | 360 ONE Mutual Fund | Jio BlackRock Mutual Fund |
| Category | ETF | Flexi Cap |
| AUM | ₹6 Cr (30-09-2026) | ₹3,175 Cr (30-09-2026) |
| NAV | ₹9.56 (Direct) | ₹9.34 (Direct) |
| Expense ratio (Direct) | 0.00% | 1.11% |
| Expense ratio (Regular) | Not available | 2.34% |
| Riskometer | Very High | Very High |
| Benchmark | MSCI India TRI | Nifty 500 TRI |
| Launch date | 22-05-2026 | 13-10-2025 |
| Minimum investment | On Continuous basis: Directly with Fund- a) Market Makers: Market Makers can directly purchase/redeem in blocks from the fund in “Creation unit size” on any business day. b) Large Investors: Large Investors can directly purchase/redeem in blocks from the | ₹500 |
| Lock in | None | None |
| Fund managers | Viral Mehta, Pranav Mise | Sahil Chaudhary, Tanvi Kacheria |
| Exit load | Nil | Nil |
360 ONE MSCI India ETF vs JioBlackRock Flexi Cap: 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 MSCI India ETF (Direct) | +0.25% | −5.95% | -- | -- | -- | -- | -- |
| JioBlackRock Flexi Cap Fund (Direct) | −2.70% | −6.41% | −3.63% | −8.49% | -- | -- | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | -- | -- | -- |
Category average: the average of the 46 Flexi Cap funds, same plan type.
360 ONE MSCI India ETF vs JioBlackRock Flexi Cap: Year-wise Returns
| Year | 360 ONE MSCI India ETF360 ONE MSCI India ETF | JioBlackRock Flexi CapJioBlackRock Flexi Cap |
|---|---|---|
| 2026to date | -- | −9.11% |
360 ONE MSCI India ETF vs JioBlackRock Flexi Cap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of JioBlackRock Flexi Cap Fund
360 ONE MSCI India ETF vs JioBlackRock Flexi Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | 360 ONE MSCI India ETF (Direct) | JioBlackRock Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.33% | −7.16% |
| Standard deviation | 11.22% | 14.27% |
| Sharpe ratio | -1.12 | -0.87 |
| Sortino ratio | -1.49 | -1.16 |
| Maximum drawdown | −9.9% (08-10-2026) | −14.3% (30-03-2026) |
| Beta | -- | 0.99 |
| Alpha | -- | −1.13% |
From daily NAVs, 29-05-2026 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 MSCI India ETF (Direct)
JioBlackRock Flexi Cap Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| 360 ONE MSCI India ETF (Direct) | −9.9% | 03-08-2026 | 08-10-2026 | Not yet | -- | −7.8% |
| JioBlackRock Flexi Cap Fund (Direct) | −9.5% | 07-08-2026 | 23-10-2026 | Not yet | -- | −8.4% |
| Nifty 500 TRI | −9.9% | 03-08-2026 | 23-10-2026 | Not yet | -- | −7.9% |
From daily values since 29-05-2026, the first day every fund has.
360 ONE MSCI India ETF vs JioBlackRock Flexi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: 360 ONE MSCI India ETF, September 2026; JioBlackRock Flexi Cap Fund, September 2026
Holdings in common
- Overlap
- 47.1%
- Held by both
- 61
- Only in 360 ONE MSCI India ETF
- 104
- Only in JioBlackRock Flexi Cap
- 76
| Security | % of 360 ONE MSCI India ETF | % of JioBlackRock Flexi Cap |
|---|---|---|
| HDFC Bank Limited | 6.35% | 5.90% |
| ICICI Bank Limited | 5.51% | 5.69% |
| Bharti Airtel Limited | 3.71% | 4.31% |
| Reliance Industries Limited | 5.44% | 3.05% |
| Mahindra & Mahindra Limited | 2.04% | 2.88% |
| Infosys Limited | 2.41% | 1.90% |
| Larsen & Toubro Limited | 1.99% | 1.60% |
| State Bank of India | 1.39% | 3.53% |
| Tata Consultancy Services Limited | 1.33% | 1.45% |
| Titan Company Limited | 1.27% | 1.13% |
| Tata Steel Limited | 1.09% | 2.28% |
| Bajaj Finance Limited | 1.90% | 1.02% |
| UltraTech Cement Limited | 0.90% | 1.33% |
| HCL Technologies Limited | 0.86% | 1.02% |
| TVS Motor Company Limited | 0.77% | 0.89% |
| Asian Paints Limited | 0.73% | 0.69% |
| Tata Motors Ltd | 0.62% | 0.81% |
| Nestle India Limited | 0.60% | 1.65% |
| JSW Steel Limited | 0.60% | 0.82% |
| Hindalco Industries Limited | 0.97% | 0.55% |
| Coal India Limited | 0.52% | 1.05% |
| Axis Bank Limited | 2.21% | 0.52% |
| Hero MotoCorp Limited | 0.49% | 1.18% |
| Oil & Natural Gas Corporation Limited | 0.46% | 1.92% |
| Bajaj Finserv Limited | 0.52% | 0.46% |
| Samvardhana Motherson International Limited | 0.54% | 0.46% |
| Apollo Hospitals Enterprise Limited | 0.63% | 0.44% |
| GE Vernova T&D India Limited | 0.41% | 0.57% |
| Bharat Heavy Electricals Limited | 0.40% | 1.03% |
| Lupin Limited | 0.37% | 1.60% |
| Sun Pharmaceutical Industries Limited | 1.30% | 0.35% |
| ITC Limited | 0.62% | 0.34% |
| Power Finance Corporation Limited | 0.34% | 1.05% |
| HDFC Asset Management Company Limited | 0.34% | 0.74% |
| Aurobindo Pharma Limited | 0.34% | 1.24% |
| Solar Industries India Limited | 0.33% | 0.33% |
| Dixon Technologies (India) Limited | 0.32% | 0.75% |
| Lenskart Solutions Limited | 0.32% | 0.68% |
| Polycab India Limited | 0.32% | 1.44% |
| GAIL (India) Limited | 0.31% | 0.30% |
| Indian Oil Corporation Limited | 0.30% | 1.56% |
| Marico Limited | 0.32% | 0.27% |
| REC Limited | 0.28% | 0.26% |
| Adani Ports and Special Economic Zone Limited | 0.74% | 0.26% |
| Yes Bank Limited | 0.25% | 1.20% |
| Hitachi Energy India Limited | 0.24% | 0.67% |
| IDFC First Bank Limited | 0.26% | 0.22% |
| Multi Commodity Exchange of India Limited | 0.32% | 0.21% |
| Siemens Energy India Limited | 0.21% | 0.38% |
| Punjab National Bank | 0.20% | 0.98% |
| Bajaj Holdings & Investment Limited | 0.20% | 0.31% |
| Adani Energy Solutions Limited | 0.20% | 1.12% |
| Billionbrains Garage Ventures Ltd | 0.19% | 0.31% |
| The Federal Bank Limited | 0.45% | 0.17% |
| Oracle Financial Services Software Limited | 0.16% | 0.66% |
| NTPC Limited | 1.11% | 0.14% |
| Shriram Finance Limited | 1.09% | 0.13% |
| BSE Limited | 0.48% | 0.13% |
| L&T Finance Limited | 0.17% | 0.12% |
| Bharat Petroleum Corporation Limited | 0.38% | 0.10% |
| Kotak Mahindra Bank Limited | 1.79% | 0.07% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.1% means 47.1% 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 MSCI India ETF
| Security | % of fund |
|---|---|
| Maruti Suzuki India Limited | 1.11% |
| Bharat Electronics Limited | 1.07% |
| Hindustan Unilever Limited | 1.06% |
| Power Grid Corporation of India Limited | 0.87% |
| Divi's Laboratories Limited | 0.86% |
Largest holdings only in JioBlackRock Flexi Cap Fund
| Security | % of fund |
|---|---|
| Life Insurance Corporation Of India | 1.76% |
| Steel Authority of India Ltd | 1.57% |
| Radico Khaitan Ltd | 1.55% |
| Navin Fluorine International Ltd | 1.51% |
| Apollo Tyres Ltd | 1.47% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | 360 ONE MSCI India ETF | JioBlackRock Flexi Cap |
|---|---|---|
| Equity | 96.9% | 99.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.1% | 1.0% |
Market cap of stocks
| Market cap | 360 ONE MSCI India ETF | JioBlackRock Flexi Cap |
|---|---|---|
| Large Cap | 78.3% | 60.6% |
| Mid Cap | 18.6% | 18.9% |
| Small Cap | 0.0% | 19.3% |
| Not on AMFI's list | 0.0% | 0.2% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | 360 ONE MSCI India ETF | JioBlackRock Flexi Cap |
|---|---|---|
| Banks | 20.0% | 19.8% |
| IT - Software | 6.5% | 5.3% |
| Petroleum Products | 6.4% | 5.4% |
| Finance | 6.2% | 4.7% |
| Automobiles | 6.1% | 5.5% |
| Pharmaceuticals & Biotechnology | 5.3% | 5.5% |
| Ferrous Metals | 2.2% | 4.7% |
The six largest sectors of each fund's stocks, % of the fund.
360 ONE MSCI India ETF vs JioBlackRock Flexi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | 360 ONE MSCI India ETF | JioBlackRock Flexi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.00% | 1.11% |
| Base expense ratio (Direct) | 0.00% | 0.50% |
| Total expense ratio (Regular) | Not available | 2.34% |
| Base expense ratio (Regular) | 0.39% | 1.50% |
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
360 ONE MSCI India ETF vs JioBlackRock Flexi Cap Fund: Frequently Asked Questions
What is the difference between 360 ONE MSCI India ETF and JioBlackRock Flexi Cap Fund?
360 ONE MSCI India ETF is an ETF fund, JioBlackRock Flexi Cap Fund is a Flexi Cap fund, run by 360 ONE Mutual Fund and Jio BlackRock Mutual Fund. Their portfolios overlap 47.1%.
How much do 360 ONE MSCI India ETF and JioBlackRock Flexi Cap Fund overlap?
47.1%. They hold 61 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, 360 ONE MSCI India ETF or JioBlackRock Flexi Cap Fund?
On SEBI's riskometer, 360 ONE MSCI India ETF is rated Very High and JioBlackRock Flexi Cap Fund Very High. Over their common history, the standard deviation of daily returns was 11.22% and 14.27% a year.
Can I invest in both 360 ONE MSCI India ETF and JioBlackRock Flexi Cap Fund?
Yes. 47.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages 360 ONE MSCI India ETF and JioBlackRock Flexi Cap Fund?
360 ONE MSCI India ETF: Viral Mehta, Pranav Mise. JioBlackRock Flexi Cap Fund: Sahil Chaudhary, Tanvi Kacheria.
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.