Equirus Wealth attributes its success to its differentiated unique product offerings, including an in-house top-performing Smallcap PMS strategy, an exclusive technology-focused startup fund investing in sectors such as SaaS, deep tech, and fintech, as well as a customized UHNI equity investment strategy.
Mumbai, December 11, 2024: Equirus Wealth, one of the leading wealth management firms in India is pleased to announce that it has crossed Rs10,000 crore in Assets Under Management (AUM). This significant achievement reflects the firm’s strong growth trajectory, with AUM doubling in just 18 months, and highlights its ability to provide innovative investment solutions that cater to the diverse needs of High-Net-Worth Individuals (HNIs) and Ultra HNIs.
Equirus Wealth attributes its success to its differentiated unique product offerings, including an in-house top-performing Smallcap PMS strategy, an exclusive technology-focused startup fund investing in sectors such as SaaS, deep tech, and fintech, as well as a customized UHNI equity investment strategy.
Abhijit Bhave, CEO of Equirus Wealth, commented on this milestone: “Achieving Rs10,000 crore in AUM is a proud moment for us. This remarkable growth is driven by our unique product offerings and the trust of our valued clients. Our goal now is to reach ₹50,000 crore in AUM over the next four years by deepening our client relationships by adding more value to them and also by expanding into new geographies.”
Additionally, the company's equity platform—which is backed by Equirus Group's internal research—has given UHNI clients exclusive access to pre-IPO investments and a few capital market opportunities, solidifying Equirus Wealth's standing as a pioneer in forefont wealth management solutions.
Ajit Deshmukh, Managing Director of Equirus Group, stated: “Equirus Wealth’s achievements are a reflection of the collective strength of the Equirus Group platform. Our deep expertise across capital markets, wealth management, and corporate advisory enables us to deliver unparalleled value to our clients. From pioneering capital market transactions - handling one in every six IPOs in India, to offering bespoke wealth solutions, our integrated approach helps us meet the evolving needs of HNIs and Ultra HNIs, both in India and globally.”
Equirus Wealth’s regional expansion strategy has also played a pivotal role in its growth. The firm recently doubled its team in Kerala, solidifying its position as the largest non-bank wealth management player in the state, further strengthening its relationships with the NRI community. Expansion plans are also underway for East and North-East India, alongside a possible foray into the Middle East to tap into international markets.
Looking ahead, Equirus Wealth remains committed to offer innovative investment products in line with clients’ investment goals & risk appetite, while leveraging its group investment banking & equity research expertise to achieve the ambitious goal of ₹50,000 crore in AUM by 2028.
