Latest news with #360ONEAsset
Time of India
16-07-2025
- Business
- Time of India
360 ONE Overnight Fund collects Rs 200 crore during NFO period
360 ONE Mutual Fund has announced the successful close of the New Fund Offer (NFO) for its newly launched 360 ONE Overnight Fund , having garnered over Rs 200 crore during the subscription period. The new fund offer or NFO of the fund was open from July 1 to July 9. The open-ended debt scheme, which invests in overnight securities, received interest from a wide base of investors, including corporates, HNIs, and individual investors looking for efficient short-term deployment of surplus funds. Also Read | HDFC Defence Fund picks up smallcap stock that surged 300% in 3 years Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gold Is Surging in 2025 — Smart Traders Are Already In IC Markets Learn More Undo According to the fund house, the encouraging response reflects investor preference for low-risk, high-liquidity solutions. The fund reopened for continuous sale and repurchase from July 14, with no exit load and a minimum investment amount of Rs 5,000 (and in multiples of Re 1 thereafter). Live Events 'We are pleased with the encouraging investor response to the 360 ONE Overnight Fund. This validates the market's appetite for simple, low-risk, and liquid investment avenues—especially in uncertain or transitional market phases. Our commitment remains to offer intelligent solutions across time horizons and risk appetites," said Raghav Iyengar, CEO, 360 ONE Asset. The 360 ONE Overnight Fund primarily invests in debt and money market instruments such as TREPs, reverse repos, treasury bills, certificates of deposit, and commercial papers—all with overnight maturities. It is suited for investors with a time horizon of one day to one month, who seek daily liquidity and reasonable returns over the short term without undue complexity. Also Read | Vishal Mega Mart, Tech Mahindra among stocks that HDFC Mutual Fund bought and sold in June With this successful fund raise, 360 ONE Asset further strengthens its position as a provider of innovative yet prudent fixed income solutions, tailored for the evolving needs of Indian investors. The fund is suitable for investors seeking regular income with high levels of safety and liquidity over short term and investment in debt and money market instruments with overnight maturity.
Time of India
01-07-2025
- Business
- Time of India
NFO Alert: 360 ONE Mutual Fund launches overnight fund
360 ONE Asset Management has announced the launch of the 360 ONE Overnight Fund , an open-ended debt scheme investing in overnight securities. The New fund offer or NFO of the fund is open for subscription and will close on July 9. The scheme reopens for continuous sale and repurchase from July 14. Also Read | JioBlackRock Overnight Fund opens for subscription. Who should invest? Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo This fund is designed to offer investors a prudent solution for managing short-term surplus funds while balancing safety, liquidity, and reasonable returns over the short term, according to a press release. The minimum application amount of Rs 5,000 and in multiples of Re 1 thereafter. The fund will have no exit load, offering investors the flexibility to redeem at their convenience. Live Events The 360 ONE Overnight Fund will invest in debt and money market securities such as certificates of deposit, commercial papers, TREPs, reverse repo and T-bills with overnight maturity. 'We remain focused on delivering precise and purposeful solutions that cater to the varied needs of our investors. The launch of the 360 ONE Overnight Fund is a continuation of that approach, offering a well-structured option for short-term capital allocation. It is tailored for those who seek safety, liquidity and short-term deployment of surplus funds without much complexity,' said Raghav Iyengar , CEO, 360 ONE Asset. According to the press release, the funny is ideal for conservative investors, transitional investors, and corporates managing short-term liquidity. 'The 360 ONE Overnight Fund is designed to manage short-term money needs by providing high liquidity and relatively low risk. With daily reinvestment of matured securities, the scheme seeks to provide a smooth and efficient avenue to address short-term financial requirements,' said Milan Mody, Fund Manager, Fixed Income, 360 ONE Asset. Also Read | JioBlackRock Mutual Fund: 3 NFOs open for subscription today. Should you invest? Overnight funds invest in securities that mature overnight or within one business day, making them among the lowest-risk options in the fixed-income space. These funds are particularly suitable for investors with an investment horizon of one day to one month, including corporates, HNIs, and individuals seeking to park funds for the very short term, the release said.
Entrepreneur
04-06-2025
- Business
- Entrepreneur
360 ONE Asset Invests INR 170 Cr in Paras Healthcare
The funding will aid Paras Healthcare's expansion plans, aimed at enhancing access to affordable, high-quality healthcare in tier I and tier II cities. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. 360 ONE Asset, a wholly-owned subsidiary of 360 ONE WAM, announced that it has invested INR 170.60 crore in Paras Healthcare, a prominent multispecialty hospital chain in North India. This investment marks the asset manager's seventh investment in India's healthcare services sector through its funds and aligns with its market-leading Pre-IPO strategy. The transaction includes both primary capital infusion to support growth and a secondary component, enabling a partial exit by an existing investor. The funding will aid Paras Healthcare's expansion plans, aimed at enhancing access to affordable, high-quality healthcare in tier I and tier II cities. Founded by Dr Dharminder Nagar, Paras Healthcare currently operates over 2,000 beds across eight hospitals, with a focus on accessible, affordable medical care through an asset-light business model and strong unit economics. The hospital chain has built a strong reputation for delivering quality healthcare while addressing the growing demand in underserved regions. Umesh Agrawal, Senior Fund Manager and Strategy Head – Financial Services and Industrials, 360 ONE Asset, said, "This marks our seventh investment in the Indian healthcare services segment, reaffirming our strong conviction in the sector's long-term potential. We are proud to partner with Paras Healthcare in expanding access to affordable quality care to under-served customers. This investment is also the latest from our market-leading Pre-IPO strategy." With an AUM of ~USD 10 billion, 360 ONE Asset is one of India's leading asset management firms. Its Venture Capital and Private Equity platform manages over USD 3 billion and focuses on sectors like healthcare, technology, financial services, and consumer industries. The firm offers a comprehensive suite of products including AIFs, PMS, and MFs across public and private markets.
Time of India
04-06-2025
- Business
- Time of India
360 ONE Asset invests ₹170.6 Cr in Paras Healthcare
Mumbai: Asset management firm 360 ONE Asset , a wholly-owned subsidiary of 360 ONE WAM, has invested Rs 170.6 crore in the hospital chain- Paras Healthcare in north India. The transaction includes both primary capital infusion and a secondary component, with a partial exit by an existing investor, according to the company. Umesh Agrawal, Senior Fund Manager and Strategy Head - Financial Services and Industrials, 360 ONE Asset, said, 'This marks our seventh investment in the Indian healthcare services segment, reaffirming our strong conviction in the sector's long-term potential.'
Fashion Value Chain
02-06-2025
- Business
- Fashion Value Chain
Snitch Raises $40M to Scale Up Retail & Go Global
Snitch, India's fastest-growing D2C menswear brand, has secured up to USD 40 million in a Series B funding round led by 360 ONE Asset. The investment also saw participation from IvyCap Ventures, SWC Global, the Ravi Modi Family Office (of Manyavar fame), and other angel investors. The capital will fuel Snitch's bold expansion goals: Growing its offline presence from 55+ to 100+ stores by end-2025 Entering quick commerce to offer fashion delivered within hours Launching new apparel and lifestyle categories Piloting global markets Siddharth Dungarwal, Founder & CEO, described this round as validation of the brand's vision—an Indian menswear brand built on speed, belief, and customer-centricity ready to compete on a global stage. With 120% YoY growth and a strong omnichannel model, Snitch is now preparing for international expansion and a future IPO. 360 ONE Asset's Chetan Naik praised Snitch's lean, design-led business model and ability to maintain profitability while scaling quickly, calling it a 'category-defining' brand in the making. IvyCap Ventures and SWC Global reaffirmed their commitment, citing Snitch's superior supply chain, tech agility, and ability to engage India's Gen Z and millennial male shoppers as reasons for continued support. Founded in 2020, Snitch has made its mark by blending drop-driven fast fashion with a digital-first strategy and rapid design cycles. Its previous ₹110 Cr Series A in 2023 laid the groundwork for tech upgrades and retail expansion. PwC India served as the exclusive financial advisor on the deal, while JSA acted as legal counsel.
