360 ONE Mutual Fund

360 ONE Mutual Fund (formerly known as IIFL Wealth Management Limited) was incorporated on January 17, 2008, as a subsidiary of IIFL Holdings. Initially operating on a commission-based model, the company evolved over time first transitioning to a fee-based advisory model and later adopting a trail commission structure.

In alignment with the Securities and Exchange Board of India (SEBI) guidelines, the company launched a fee-based investment platform. This change coincided with SEBI's eventual ban on upfront commissions, prompting a broader shift in the industry.

A major milestone came in October 2015 when global private equity firm General Atlantic acquired a 21.6% stake in the company. Further bolstering its capital base, the firm raised ₹745.71 crore (approximately US$87 million) in June 2018 from a group of investors, including General Atlantic.

In November 2022, the company underwent a strategic rebranding and emerged as 360 ONE. Under this new brand:

1. The wealth management division operates as 360 ONE Wealth
2. The asset management arm is known as 360 ONE Asset