Indian financials and consumer discretionary sectors offer significant investment opportunities in the current scenario, according to Mehul Jani, fund manager at 360 ONE Asset Management. In an interview with ETMarkets, Jani pointed out that the balance sheets of lenders are notably robust compared to the past and that credit growth has reached its highest level in a decade. Despite a slight decline in valuations in the sector in the short term, he sees great potential in consumer discretionary, driven by rising disposable incomes. In addition, he is confident about the theme of manufacturing exports in India due to the China + 1 strategy. Jani manages Category 3 AIFs with AUM of INR27.32bn ($370m) and manages offshore institutional accounts with AUM of INR135.24bn. 360 ONE Asset Management has a total AUM of INR582.98bn in AIFs, portfolio management services, mutual funds, offshore and advisory services.
Fund Manager Shares Two Sectors for Bottom-Up Investment Opportunities
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