Godrej Investments launches Godrej Wealth targeting ₹1tn assets by 2031
Business
Godrej Investments just rolled out Godrej Wealth, a new service for people with over ₹2 crore to invest.
Their big goal? Managing ₹1 trillion in assets by 2031.
Kunal Karnani, who was chief financial officer at Godrej Capital, is stepping in as chief executive officer.
Godrej Wealth offers 3rd party products
For now, Godrej Wealth will offer third-party investment products but plans to launch its own portfolio management and mutual funds soon.
With Manish Shah from Godrej Capital overseeing things, the focus is on personalized strategies that put customers' goals first, unlike the usual banking approach.
The move comes as India's wealth management scene heats up, with major players like Jio BlackRock and 360 ONE Wealth already in the mix.