COMPARE
360 ONE Balanced Hybrid Fund- Direct Plan - Growth vs SBI Balance Hybrid Fund - Direct Plan - Growth
360 ONE Balanced Hybrid Fund- and SBI Balance Hybrid Fund are both in the Balanced Hybrid Fund category, from 360 ONE Asset Management Limited and SBI Funds Management Limited respectively. 360 ONE Balanced Hybrid Fund- has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
360 ONE Balanced Hybrid Fund- has the lower direct-plan expense ratio, by 2.94 percentage points.
| 360 ONE Balanced Hybrid Fund- Direct Plan - Growth | SBI Balance Hybrid Fund - Direct Plan - Growth | |
|---|---|---|
| Category | Balanced Hybrid Fund | Balanced Hybrid Fund |
| AMC | 360 ONE Asset Management Limited | SBI Funds Management Limited |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| NAV | ₹13.3497 (2026-10-28) | ₹9.8292 (2026-10-28) |
| AUM | ₹647.01 Cr | ₹1,989.984 Cr |
| Expense Ratio (Direct) | 0.62% | 3.56% |
| Inception | 2023-09-04 | 2026-08-10 |
Returns
This fund is less than a year old, so there is not yet enough history to calculate rolling returns.
Risk Metrics
This fund is less than three years old, so a three-year risk history does not exist yet.
Portfolio Analytics
SBI Balance Hybrid Fund carries the higher portfolio YTM.
| 360 ONE Balanced Hybrid Fund- Direct Plan - Growth | SBI Balance Hybrid Fund - Direct Plan - Growth | |
|---|---|---|
| P/E Ratio | 27.1927 | 37.2799 |
| P/B Ratio | 6.656 | - |
| Dividend Yield | 0.8552% | 0.5339% |
| Active Share | - | - |
| Portfolio Turnover | - | - |
| YTM | 7.8697% | 9.2074% |
| Duration (Macaulay) | 2.47 yrs | - |
Punji Fund Health Score
SBI Balance Hybrid Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, 360 ONE Balanced Hybrid Fund- or SBI Balance Hybrid Fund?
360 ONE Balanced Hybrid Fund-'s direct-plan expense ratio is 2.94 percentage points lower than SBI Balance Hybrid Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't 360 ONE Balanced Hybrid Fund- and SBI Balance Hybrid Fund show risk metrics like Sharpe ratio or alpha?
This fund is less than three years old, so a three-year risk history does not exist yet. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, 360 ONE Balanced Hybrid Fund- or SBI Balance Hybrid Fund?
SBI Balance Hybrid Fund has ₹1,990 Cr in assets under management, versus ₹647 Cr for 360 ONE Balanced Hybrid Fund-. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), 360 ONE Balanced Hybrid Fund- or SBI Balance Hybrid Fund?
SBI Balance Hybrid Fund's portfolio YTM (9.2074%) is higher than 360 ONE Balanced Hybrid Fund-'s. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which fund has a longer track record, 360 ONE Balanced Hybrid Fund- or SBI Balance Hybrid Fund?
360 ONE Balanced Hybrid Fund- launched on 2023-09-04, making it older than SBI Balance Hybrid Fund (launched 2026-08-10). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.