Strategy & Practice Management

Indian Wealth Management Quarterly 2017 - Issue 2

Hubbis

Aug 16, 2017

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This is the latest edition of our Quarterly publication covering Indian wealth management.

There is no denying that the country’s wealth and asset management markets continue to boom.

The fact that the average AUM in the country’s mutual funds industry was at an all-time high of INR19.92 trillion (USD309 billion) as at end-June 2017, is a clear sign of the opportunity – growing from INR3.26 trillion a decade earlier. At the same time, the total number of folios stood at 58.2 million.

But there is still so much more potential given the number of untapped investors, if and when the advice gap can be narrowed. Indeed, enhancing competency standards and creating the right mind-set for future generations will build capacity and capability in wealth management in India, and, in turn, help take the industry forward.

The content in this publication therefore focuses on how to capitalise on the ever-wider opening of the market, to access affluent individuals and HNIs, looking also at success stories and best practices to pave the way. 

We have also given out our latest award – ‘Indian Wealth Management - Award for Excellence’ – to Karan Bhagat, the founder, managing director and chief executive officer of IIFL Investment Managers.

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