India's wealth management market is set to boom
India's wealth management scene is about to get a major upgrade—expected to nearly double in size by FY31 (March 2031), jumping from $14 billion now (FY25) to almost $27-31 billion by FY31.
This surge comes as more people see their incomes rise and join the ranks of the affluent.
The big shift? More high-net-worth folks are looking for personalized investment advice instead of going it alone.
Smaller cities are joining the action
It's not just the metros anymore—tier 2 and 3 cities are quickly becoming hotspots for wealth growth.
Mutual fund investments from these areas have climbed, showing that financial habits are changing everywhere.
With digital tools and AI making investing easier, plus new rules shaking up the industry, India's wealth management game is getting smarter and more inclusive than ever.