Akshay Sachdeva

Fiscal deficit for H1FY25 at Rs 4.75 lakh crore, 29.4 percent of the full-year target Experts indicate that the government may end up achieving a lower fiscal deficit ratio than the 4.9 percent target set in the Union Budget 2024-25, partially helped by a higher-than-expected RBI dividend of Rs 2.1 lakh crore. https://lnkd.in/dNrJQstN

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Moody's rates India with a stable outlook at its lowest investment grade. The news article highlights that India’s government liquidity risk is already very strong, as the nation’s large banking and insurance sectors are a reliable source of financing and actually a key credit strength.

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Kotak cherry - the new way of investing ! Your entire portfolio can be browsed under one dashboard . Try to experience the most innovative way of investing.

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This is not good and actually scary. Honestly I care more about nominal GDP growth than real GDP growth… and at 8% it now below double digit after long time. Corporate profit and tax collections are function of nominal gdp growth. Slowing nominal GDP growth has already led to negative GST collections MOM ( could be Diwali effect also) slowing tax collections lead to either cut in govt spending .. further lowering the future GDP growth or it will lead to higher fiscal deficit which will be punished by bond markets. As per some estimates corporate profit are 1.3 times the nominal GDP so you can extrapolate the profit growth in corporate India. It is safe to assume that Indian govt will accelerate spending in coming months but without a helping hand from corporate India ( which is sitting of best debt/ gdp ratio of this century) it will be difficult to go back to double digit nominal GDP growth. ( I have maxed out on connections so don’t send me request to add just follow me )

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Our CEO and Fund Manager Puneet Sharma's expert views on bonds have been featured in Business Standard, alongside insights from Industry leaders. Puneet Sharma believes in the importance of thorough research to ensure secure investments.                 Read the full article here- https://lnkd.in/dvbvceiJ

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𝗧𝗵𝗲 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲 𝗼𝗳 𝗠𝗮𝗻𝗮𝗴𝗶𝗻𝗴 𝗟𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮𝗻 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝗦𝗰𝗲𝗻𝗲: A bustling boardroom in Mumbai. The CFO of a large Indian conglomerate, Rajiv, is addressing his finance team.*   𝗥𝗮𝗷𝗶𝘃: "We are operating in multiple states, with different accounts spread across banks for each subsidiary. Our liquidity is fragmented, and managing cash flows has become a daily headache. Some accounts have excess idle funds while others are running low. We’re missing out on opportunities to optimize our working capital."   𝘛𝘩𝘦 𝘵𝘦𝘢𝘮 𝘦𝘹𝘤𝘩𝘢𝘯𝘨𝘦𝘴 𝘤𝘰𝘯𝘤𝘦𝘳𝘯𝘦𝘥 𝘭𝘰𝘰𝘬𝘴. 𝘛𝘩𝘦 𝘪𝘴𝘴𝘶𝘦 𝘪𝘴 𝘢𝘧𝘧𝘦𝘤𝘵𝘪𝘯𝘨 𝘵𝘩𝘦𝘪𝘳 𝘦𝘧𝘧𝘪𝘤𝘪𝘦𝘯𝘤𝘺. 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗠𝗮𝗻𝗮𝗴𝗲𝗿: "We’ve been trying to manually move funds between accounts to address shortfalls, but it’s slow, prone to errors, and doesn't provide real-time visibility into our liquidity position. The situation is costing us time and money."   𝗥𝗮𝗷𝗶𝘃: "On top of that, the lack of a centralized system means we’re struggling to respond quickly to funding needs across operations. Treasury is caught up in operational issues rather than focusing on strategic financial planning. We need a way to address this fragmentation effectively."   𝘛𝘩𝘦 𝘳𝘰𝘰𝘮 𝘧𝘢𝘭𝘭𝘴 𝘴𝘪𝘭𝘦𝘯𝘵 𝘢𝘴 𝘵𝘩𝘦 𝘵𝘦𝘢𝘮 𝘤𝘰𝘯𝘵𝘦𝘮𝘱𝘭𝘢𝘵𝘦𝘴 𝘵𝘩𝘦 𝘨𝘳𝘰𝘸𝘪𝘯𝘨 𝘤𝘰𝘮𝘱𝘭𝘦𝘹𝘪𝘵𝘺 𝘰𝘧 𝘵𝘩𝘦𝘪𝘳 𝘤𝘢𝘴𝘩 𝘮𝘢𝘯𝘢𝘨𝘦𝘮𝘦𝘯𝘵 𝘤𝘩𝘢𝘭𝘭𝘦𝘯𝘨𝘦𝘴. ------- Many businesses in India face similar struggles—fragmented liquidity, lack of visibility, and time-intensive cash flow management. These issues not only affect operational efficiency but also limit strategic decision-making. Have you faced or seen these challenges in your organization? #LiquidityManagement #TreasuryChallenges #IndianBusiness #FinanceLeadership

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The comments by the CEO of Asian Paints, pointing out that this historically strong correlation between 'core' sector growth and national GDP appears to have broken down have stirred up a lot of opinions. One opinion is that this clearly means that GDP numbers are misstated, perhaps deliberately. This does seem to be the most direct conclusion. After all, how does a country grow without the broadest sectors growing at the same pace? There is however, another explanation. And that is that growth in the country is far more unequal than before. Meaning thereby that the traditional driver of consumption, the mass market is not faring well at all. Yet this is being compensated for by growth in the higher end segments- sales of large cars are a great example. Unequal growth is better news than no growth, but is unsustainable. The government will need to take measures to bridge this gap sooner rather than later. #macroeconomics #monetarypolicy

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WealthMax by Bajaj Capital Ltd La Premier: A true story of how vision of Sanjiv Bajaj coupled with the dynamism of Uttam Agarwal, at gave my team and me Aabhinna Suresh Khare the opportunity to build a fabulous product thats creating waves in Wealth Industry 🇮🇳 🇮🇳 🇮🇳 𝐄𝐋𝐄𝐕𝐀𝐓𝐈𝐍𝐆 𝐋𝐄𝐆𝐀𝐂𝐘: 𝐂𝐑𝐀𝐅𝐓𝐈𝐍𝐆 𝐅𝐎𝐑 𝐈𝐍𝐃𝐈𝐀’𝐒 𝐔𝐋𝐓𝐑𝐀-𝐖𝐄𝐀𝐋𝐓𝐇𝐘-𝐔𝐋𝐓𝐑𝐀 𝐑𝐈𝐂𝐇 🇮🇳 🇮🇳 🇮🇳 FACT 𝑰𝒏𝒅𝒊𝒂 𝒉𝒂𝒔 797,714 𝑯𝑵𝑰𝒔 (𝒂𝒔𝒔𝒆𝒕𝒔 𝒘𝒐𝒓𝒕𝒉 $1𝑴+) 8.35 Crore Rs. 𝒂𝒏𝒅 13,263 𝑼𝑯𝑵𝑾𝑰𝒔 (𝒏𝒆𝒕 𝒘𝒐𝒓𝒕𝒉 $30𝑴+) i.e 250 Cr Rs 𝒂𝒔 𝒐𝒇 2022-23 𝐓𝐡𝐞 6 𝐊𝐞𝐲 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 of an HNI UHNI are 6️⃣ Portfolio Overlap: Investors unknowingly duplicate investments across multiple mutual funds, as they don't know if AMCs are investing in the same stocks. 5️⃣ Fund Selection: With 1,386 mutual fund schemes in India, selecting the right funds becomes overwhelming - like finding a needle in a haystack. 4️⃣ True Diversification: While everyone talks about diversification, understanding the correlation between investments is difficult due to lack of proper analysis tools. 3️⃣ Market Monitoring: Keeping up with fast-moving markets during volatile times (Ukraine-Russia War, Israeli conflict, US Elections) is nearly impossible to track effectively. 2️⃣ Sector Selection: Different sectors perform differently each year, and conflicting advice from various fund managers makes it difficult to know where to invest. 1️⃣ Personalization: Generic investment advice rarely fits specific individual situations and goals, and general tips don't work for personalized portfolios. We have solved all these challenges with the Wealthmax Tool. To read more about it visit here https://lnkd.in/ga2aW6gs

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#Constraint #2: The 4:30 AM Club Finding space in Mumbai is impossible, especially when it’s raining. You are better off floating in your house than on the ground. The only way to break this barrier was to start early in the morning around 5:00 AM, as post 7:00 AM most of the indoor spaces would be booked by the big cricket academies. This left us no option but to start our day at 4:30 AM, everyday. We were lucky to find good people who allowed us to start practice as early as 5:15 AM at their nets. By the time other batters were playing their first ball, we had already played 600+ balls and were ready for office or school work by 7:45 AM. The best part of joining the 4:30 AM club is that Mumbai roads are peaceful, and by 10:30 AM, you have completed planning for most of the work expected for the day, patiently waiting for other colleagues to join the 10:30 AM call 😀 No advice, just a suggestion- Try to start your day an hour earlier than your routine. You may see lots of positive changes at both personal and professional levels.

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LGT Wealth India entered the Indian market in 2022 and is already seeing a surge in assets. The India CEO talks about what it is doing differently to rivals and why it continues to bet on the India growth story. https://bit.ly/3wLXvuI #citywire #infocus #india #wealthmanagement

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India's 8% economic growth is driving the expansion of local and foreign wealth managers. Atul Singh, CEO of LGT Wealth India, highlighted this trend, noting a 65% increase in assets under management, reaching $2.4 billion in 2023, and a 15% revenue growth. Key strategies include aggressive hiring from top firms like Credit Suisse and Centrum, expanding into tier 2 and 3 cities, and focusing on high-quality fixed income investments. LGT Wealth India is also leveraging its global presence to serve non-resident Indians (NRIs) and setting up an India fund for NRIs and global investors. With China facing economic challenges, India is becoming a preferred destination for global investors. Singh anticipates over 50% AUM growth in 2024, reflecting the bright future of India’s wealth management industry. #WealthManagement #IndiaGrowth #LGTWealthIndia #FinancialMarkets #InvestmentOpportunities

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Microfinance asset quality may deteriorate this fiscal amid operational challenges The flow of fresh NPLs is likely to remain elevated through FY25, with credit costs continuing to rise through H1FY26. #ETBFSI #BFSI #Microfinance #AssetQuality #NPL #CreditCosts #OperationalChallenges #FinancialSector #BankingNews #EconomicTrends https://lnkd.in/gjhNc7VX

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How and where can HNI's invest INR 1 crore in Mutual Funds? Naresh Bulchandani, CFA, CAIA, Head of Products and Advisory and Merisis Wealth writes for The Economic Times. Read the full article below. If you are an investor looking to rebalance your portfolio, DM us or book your Portfolio Review with an expert on https://lnkd.in/gQbXuEaJ #HNI #MutualFunds #PersonalFinance #Wealthmanagement

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🏦 HDFC Bank Sells $717 Million in Home Loans 🏦   ↳ A strategic move aimed at reducing credit exposure.   ↳ Focused on optimizing the balance sheet and enhancing risk management.   ↳ This sale bolsters liquidity and reinforces financial stability. #HDFC #HomeLoans #Banking #RiskManagement #LiquidityManagement #Finance

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Process to Performance

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NBFC borrowing from banks rises despite higher risk weights: RBI NBFC borrowings from banks stood at 21.7% as on March 2023, data from the Reserve Bank of India (RBI)’s Financial Stability Report showed on Thursday. Read more 👉https://lnkd.in/gcY4FUBC #nbfc #banks #rbi #finventoeconomics #financialstability

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#MCExclusive 🚨 | Global debt market failure might be the reason for FII flows into India, says Manish Chokhani 🗣️ 🎙️ Tap to read more👇 https://lnkd.in/dcTg9cfT #GlobalDebt #FII #India | Mahalakshmi Narayanaswamy Manish Chokhani

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We recently had the pleasure of co-hosting a podcast in collaboration with Simmons & Simmons covering the routes available to overseas investors to access the Indian securities markets and the market landscape in general. The session was packed with valuable insights on regulatory frameworks, investment opportunities & macroeconomics, and strategic approaches for navigating this dynamic market. A big thank you to our co-hosts from Simmons & Simmons Devarshi Saksena Craig Bisson as well as the expert panelists from Kotak Dhiren Rustagi Upasna Bhardwaj for sharing their expertise and to all the attendees for their engaging questions and participation. For those who missed it, you can catch the recording on the following link. Let's continue to explore and unlock the potential of the Indian securities markets together ! https://lnkd.in/dA5QcTEc

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