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2 stocks riding India’s Rs 600-trillion wealth boom
India’s Rs 600-trillion wealth boom is creating fertile ground for wealth managers like 360 One WAM and Nuvama Wealth Management. Both firms are capitalising on rising financialization, with 70–80% of their revenues now coming from recurring, fee-based advisory income. While 360 One offers size and stability through its alternates and digital platforms, Nuvama brings faster growth, global backing and one of the highest return-on-equity profiles in the industry.
India’s Rs 600-trillion wealth boom is creating fertile ground for wealth managers like 360 One WAM and Nuvama Wealth Management. Both firms are capitalising on rising financialization, with 70–80% of their revenues now coming from recurring, fee-based advisory income. While 360 One offers size and stability through its alternates and digital platforms, Nuvama brings faster growth, global backing and one of the highest return-on-equity profiles in the industry.
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