360 ONE Asset

India's current account recorded a deficit of 1.2% of GDP in Q2FY25, compared to 1.1% in the previous quarter and 1.3% in Q2FY24. The higher merchandise trade deficit was offset by an improvement in the services surplus and an increase in remittances. Download the latest #TrendsAndTides report here: https://bit.ly/4aeGLM5 The merchandise trade deficit widened in Q2FY25 due to higher core (primarily electronics and metals) and valuables (higher gold imports) deficits. Meanwhile, the services surplus improved due to higher software and business exports. The capital account surplus rose to US$31 bn in Q2FY25, up from US$15 bn in the previous quarter and US$13 bn in Q2FY24. This increase was driven by higher foreign portfolio investment inflows, which more than offset the net outflows in foreign direct investment. Overall, the Balance of Payments (BoP) surplus increased to US$18.6 bn from US$5.2 bn in the previous quarter. Forex reserves, however, increased by US$53.8 bn in Q2 due to a US$35.1 bn valuation gain during the quarter. The current account deficit is expected to be around 1.1% of GDP in FY25. We expect the RBI to limit excessive volatility in the INR and permit a gradual depreciation. Vikram Chhabra 360 ONE

In an exclusive interview for PMS Bazaar’s special edition magazine, Umesh Agrawal, Senior Executive VP & Fund Manager, discusses why Pre-IPO is a strategic and tactical tool to achieve a successful IPO. Know more here: https://lnkd.in/dZesJuaA #IPO #PreIPOs #liquidity #DRHP 360 ONE Wealth 360 ONE

In an exclusive interview for PMS Bazaar’s special edition magazine, Anunaya Kumar, President and Head of Sales & Distribution at 360 ONE Asset, explores the impact of emotional biases on investor behaviour and decision-making. Know more here: https://lnkd.in/dxYX2JAf #BehaviouralFinance #FinancialPlanning #Investing #EmotionalBias 360 ONE Wealth 360 ONE

Yogi’s “Art of Doing Nothing” might not impress his partner Vinny, but with SIPs, he’s onto something. Sit back, relax, and let your mutual fund investments run on autopilot.  #VinnyYogi #360ONEAsset #MutualFunds #FinanceComics #SIPs #Investing #PersonalFinance #FinancialPlanning #FinancialFreedom #MoneyManagement 

In an exclusive interview for PMS Bazaar’s special edition magazine, Anup Maheshwari, Co-Founder & CIO of 360 ONE Asset, shared strategies for navigating economic cycles and uncovering value in an evolving market. Know more here: https://lnkd.in/dZesJuaA #PMS #AIFs #MarketCycles #Outlook 360 ONE Wealth 360 ONE

Healthcare presents unparalleled opportunities for growth-stage investments. Here’s why: 1. Sector-Specific Expertise: Healthcare-focused funds provide the deep technical knowledge required to navigate this complex landscape effectively. 2. Strong Exit Potential: Healthcare buyouts surged last year, making it the second-largest sector for deals, with sovereign funds and family offices driving exits. 3. Innovation at Scale: Growth-stage healthcare companies are primed to scale rapidly, often reaching IPO maturity within 5–6 years. Our Healthcare Opportunities Fund is building a balanced portfolio across high-growth sub-sectors, including: 1. Diagnostics and medical devices. 2. Healthtech companies driving digital transformation. 3. Single-specialty services delivering targeted expertise and superior outcomes. What’s our approach? We focus on minority investments, empowering visionary entrepreneurs while providing capital and strategic support. With a mix of B2B and B2C plays, we’re also open to collaborations with buyout funds for platform-based opportunities. Read more from Tarun Sharma, Fund Manager, Healthcare and Consumer at 360 ONE Asset, in his exclusive interview with VCCircle: https://lnkd.in/dhtP--wz #360ONE #HealthcareInvestments #GrowthStage 360 ONE

Panorama December 2024 edition is out now! #Panorama is a meticulously crafted report that offers a comprehensive view of the macro factors and market trends shaping India's economic landscape. Download the full report here: https://bit.ly/4gQu6kv Here are the key insights from the report: 1. India’s GDP growth slowed to a seven-quarter low of 5.4% YoY in Q2FY25. The manufacturing sector dragged down GDP growth in Q2, while services remained resilient. The weakness in the manufacturing sector was due to a sharp contraction in the operating profit of listed manufacturers in the September quarter and the continued moderation in IIP manufacturing growth. 2. Investment growth witnessed a steep decline as central government capital expenditure contracted due to the general elections in Q1FY25. However, investments by listed companies continue to trend higher at a decent pace. Industrial order flow remains resilient, and private corporate investment intentions reflect a positive outlook. 3. Consumption growth moderated due to weak urban demand, while the rural sector reported recovery. The outlook for rural demand remains positive due to record kharif production and encouraging rabi prospects. Urban consumption is being impacted by weak employment generation. However, green shoots in hiring activity are visible, with a pickup in IT hiring and an improvement in EPFO subscriber additions. 4. Q2FY25 corporate results disappointed due to flat sales growth and a decline in profit growth. Earnings misses outpaced beats in Q2FY25, leading to earnings downgrades. Key economic data released so far in Q3 do not reflect strength in economic activity. FY25 GDP could fall short of the RBI's revised projection of 6.6% YoY, downgraded from 7.2% YoY earlier. We expect the RBI to cut the repo rate by 25 bps in the February 2025 policy, as the inflation outlook is expected to improve, while growth conditions may remain weak. Vikram Chhabra 360 ONE

We’re thrilled to announce that 360 ONE has been recognised as one of ET NOW Best Brands of 2024! This recognition celebrates our journey of innovation, purpose-driven strategies, and impactful achievements that set new benchmarks. The 7th Edition of the ET Now Best Brand Conclave 2024 brought together visionary brands from across industries under the theme: "From Vision to Impact: The Best Brands of Tomorrow." #ETNow #BestBrands #BrandExcellence #360ONE 360 ONE Wealth 360 ONE Asset

The US Federal Open Market Committee (FOMC) cuts the federal funds rate range by another 25 basis points (bps) to 4.25-4.50% in the December 2024 meeting. The FOMC Dot Plot projects 50 bps of rate cuts in both 2025 and 2026. The FOMC revises real GDP projections higher, as recent economic data have printed above expectations. The median projection for Q4 2024 is revised higher by 50 bps, from the September policy, to 2.5%, while the Q4 2025 projection is revised higher by 10 bps to 2.1%. The FOMC statement maintains that economic activity has continued to expand at a solid pace. The FOMC also revises inflation projections upwards. Core PCE inflation is projected to be 2.5% in Q4 2025, up from 2.2% in the September policy. Core PCE is now expected to align with the 2% target by 2027. Inflation has turned out to be stickier than expected, prompting the FOMC to revise its projections. The FOMC revises unemployment rate projections lower, as recent data do not show further easing of labour market conditions. The Q4 2024 unemployment rate is revised lower to 4.2%, from 4.4% in the September policy, while the Q4 2025 rate is revised lower to 4.3%, from 4.4%. The FOMC Dot Plot indicates 50 bps of rate cuts in 2025, down from the 100 bps projected in the September policy. In the post-policy press conference, Fed Chair Powell stated that the Fed will be cautious with rate cuts, as the policy stance is now significantly less restrictive. Download the Trends & Tides report here: https://bit.ly/3ZZw8sF Vikram Chhabra 360 ONE 360 ONE Wealth #economy #TrendsandTides #FOMC #inflation

Yogi’s stretching out, but Vinny knows what may also be flexible – SIPs. Stretch those financial muscles and learn about Investment in Mutual Funds with Vinny and Yogi.   #VinnyYogi #360ONEAsset #MutualFunds #FinanceComics #SIPs #Investing #PersonalFinance #FinancialPlanning #FinancialFreedom #SmartInvesting