Archive · 29 Jan 2026
360 ONE Leads India’s Wealth Management Growth
360 ONE is a company that helps manage money for very wealthy people.
They reported a strong quarter with a lot of money under their management, which means they are doing well.
They expect to keep growing because more people in India are starting to use professional wealth management services.
Their partnership with UBS, a big global bank, will help them get even more clients.
Another company, Nuvama, didn't grow as much, but they are also trying to improve.
Both companies are focusing on making more money from regular fees rather than one-time transactions, which makes their business more stable.
360 ONE's AUM reached ₹7.1 trillion in Q3FY26, with wealth management contributing ₹6.1 trillion.
Recurring assets in wealth management grew by 34.5% YoY to ₹2.2 trillion.
The HNI vertical expanded rapidly to ₹3,000 crore in Q3FY26, driven by net inflows.
Consolidated revenue increased by 33% YoY to ₹806 crore, with ARR accounting for 77% of total revenue.
360 ONE expects to double its profit after tax to around ₹2,000 crore by FY28.
- Who
- 360 ONE and Nuvama are key players in India's wealth management sector.
- What
- 360 ONE reported strong growth in AUM and revenue, while Nuvama experienced subdued growth.
- When
- The data is from Q3FY26, with projections extending to FY29.
- Where
- The operations are primarily in India, with expanding presence in Dubai and Singapore.
- Why
- The growth is driven by industry tailwinds, structural gaps in wealth management, and strategic partnerships.
- 360 ONE AUM (Q3FY26)
- ₹7.1 trillion
- Wealth Management AUM
- ₹6.1 trillion
- Asset Management AUM
- ₹98,949 crore
- Recurring Assets (WM)
- ₹2.2 trillion (34.5% YoY growth)
- HNI Vertical AUM (Q3FY26)
- ₹3,000 crore
- Consolidated Revenue (Q3FY26)
- ₹806 crore (33% YoY growth)
- Annual Recurring Revenue (ARR)
- ₹619 crore (45% YoY growth)
- Profit After Tax (Q3FY26)
- ₹331 crore (20% YoY growth)