360 ONE Mutual Fund has launched its second Specialised Investment Fund strategy in just over a month, opening the New Fund Offer for the DynaSIF Active Asset Allocator Long-Short Fund today. The NFO will run until 20 March 2026, marking a rapid follow-up to the DynaSIF Equity Long-Short Fund, which had closed its own NFO less than three weeks earlier.

A markedly different mandate from the debut fund Where the platform's first product was a pure equity long-short strategy, the Active Asset Allocator Long-Short Fund takes a considerably broader approach — dynamically allocating across equities, debt, commodities, InvITs and derivatives, rather than being anchored primarily in equities. The fund aims to deliver long-term growth and income generation while actively managing downside risk through dynamic allocation and disciplined risk management, addressing what the AMC describes as a market environment defined by faster interest rate cycles, sudden volatility spikes, shifting correlations and liquidity shocks.

Fund structure and management

  • Overall strategy: Harsh Agarwal

  • Debt portion: Milan Mody

  • Commodities portion: Rahul Khetawat

  • Benchmark: 25% BSE Sensex TRI + 60% CRISIL Short Term Bond Fund Index + 15% iCOMDEX Composite Index

  • NFO window: 6 – 20 March 2026

Raghav Iyengar, CEO of 360 ONE Asset Management, said the traditional 60:40 equity-debt construct is increasingly challenged by shifting correlations and sharper interest rate cycles, and that DynaSIF's new fund is designed to blend growth and income with active risk management — a portfolio architecture built for resilience rather than static allocation. Anup Maheshwari added that the strategy is built around flexibility, dynamically allocating across equities, debt, commodities and derivatives to adapt to changing macro regimes rather than remaining confined to fixed allocations, with risk-adjusted — rather than purely absolute — returns positioned as the central investment philosophy.

Fund manager Harsh Agarwal described the goal as generating long-term returns with low volatility, achieved through disciplined diversification across asset classes and securities, partial hedging of equity and commodity exposures, and long-short strategies aimed at capturing alpha with lower beta — positioning the fund for risk-conscious investors seeking more stable returns than typical equity funds. With two distinct strategies now live within roughly five weeks of each other, DynaSIF has moved quickly to establish itself as a multi-product SIF platform rather than a single-fund entrant.