Ujjivan Small Finance Bank Share Price Rises 4% on July 7, 2026, After Entering Wealth Business

Ujjivan Small Finance Bank share price traded higher during morning trade on Tuesday after The Economic Times reported that the lender had entered the wealth and affluent banking segment, targeting around ₹200 crore in mutual fund assets under management (AUM) during its first year of operations. 

The Bengaluru-based small finance bank is expanding its wealth offerings to strengthen its liability franchise and cater to affluent customers. 

Ujjivan Small Finance Bank Wealth Business Expansion 

The bank has commenced mutual fund distribution as part of its strategy to retain customers who are increasingly allocating their savings to market-linked investment products. 

According to The Economic Times, Ujjivan Small Finance Bank is also introducing several offerings for affluent customers, including: 

Management Commentary 

As reported by The Economic Times, Hitendra Jha, Head of Retail Liabilities, TASC & TPP at Ujjivan Small Finance Bank, said the lender is targeting around ₹200 crore of mutual fund AUM in the first year. 

He added that the bank started distributing mutual funds around 2 months ago as it builds its wealth management business. 

"We are looking around ₹200 crore of mutual fund AUM in the first year," Jha told The Economic Times. Jha also said the bank is gradually building its wealth capabilities with a dedicated team and external advisory support. 

The bank currently has a team (wealth) of around 40 professionals, including relationship managers and senior relationship managers. 

Read More: Ujjivan Small Finance Bank Share Price Gains Over 2% on Q4 FY26 Earnings Results: Net Profit up 238.1% YoY 

Premium Banking Strategy 

The bank has launched its premium 'Ivory' programme for affluent customers and is setting up hybrid wealth lounges across 116 branches in its top 8 cities, including Mumbai, Delhi, Bengaluru, Hyderabad, Pune and Ahmedabad. 

According to Jha, the bank is currently focused on affluent banking rather than private banking, targeting customers with a total relationship value (TRV) of around ₹30 lakh and above. 

To strengthen its investment offerings, Ujjivan Small Finance Bank has also partnered with a fintech company to provide investment advisory services while it continues to build its in-house wealth management capabilities. 

Ujjivan Small Finance Bank Share Price Performance 

As of July 7, 2026, at 11:04 AM, Ujjivan Small Finance Bank share price was ₹62.20 each on the NSE, up ₹2.42 or 4.05%. 

The stock opened at ₹59.90, touched an intraday high of ₹62.45, and a low of ₹59.89. 

Conclusion 

Ujjivan Small Finance Bank has expanded into the wealth and affluent banking segment by launching mutual fund distribution, introducing premium banking offerings, and partnering with a fintech firm for investment advisory. The lender is targeting ₹200 crore in mutual fund AUM during the first year of its wealth business. 

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