InCred Wealth AUM Surpasses ₹1 Lakh Crore Mark Within 6 Years of Launch

India’s private wealth management space continues to scale rapidly, and InCred Wealth has emerged as a key participant after reaching a major assets milestone in a relatively short period. 

AUM Milestone Amid Sector Expansion 

InCred Wealth has grown its assets under management to over $10 billion, equivalent to more than ₹1 lakh crore, within 6 years of starting operations.  

The achievement comes as India’s private wealth management industry expands, with a Deloitte report estimating growth to $2.3 trillion by FY29 from $1.1 trillion in FY24.  

Leadership Depth and Advisory Model 

The firm links its talent strength to founder Bhupinder Singh, who spent over 2 decades at Deutsche Bank before founding InCred in 2016.  

InCred Finance’s unicorn status in 2023 has further strengthened the group’s standing among senior professionals and clients. InCred Wealth currently has over 700 relationship managers catering to family offices, ultra-high-net-worth individuals and emerging affluent customers. 

As per news reports, CEO Nitin Rao said the firm has moved “beyond conventional advisory” by offering access to global and private-market opportunities, including curated exposure to late-stage private companies, overseas themes and alternative strategies. 

Alternatives Focus and Offshore Presence 

The wealth platform follows an open-architecture approach with a tilt towards alternatives such as private equity, credit and market-linked debentures.  

This is supported by a structured products desk and group capabilities across broking, institutional research, investment banking and capital markets. A broad relationship manager network, with median banker experience close to 2 decades, enables closer engagement with clients. 

Alongside its domestic operations, InCred Wealth has built an offshore arm, InCred Global Wealth. Rao said the platform manages “more than $3 billion in assets” through teams based in Singapore, Dubai and London. 

Read More: Upcoming IPO: SEBI Allowed 8 Companies Including Elevate Campuses, InCred Holdings to Float IPO! 

Conclusion 

With ₹1 lakh crore in AUM, a growing alternatives franchise and an expanding offshore platform, InCred Wealth has positioned itself as a scaled player in India’s evolving private wealth management market. 

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