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Targets Doubling Assets Under Management Over Five Years

May 05 2026

Targets Doubling Assets Under Management Over Five Years

A leading financial services firm is looking to double its assets under management (AUM) over the next five years. The non-banking finance company’s AUM stood at Rs 2.4 lakh crore in FY26, registering a growth of 21% compared with nearly Rs 2 lakh crore in FY25. The management indicated that it could take anywhere between three to five years to achieve a doubling of AUM. The company added approximately Rs 1.3 lakh crore in AUM between FY23 and FY26 and has been consistently targeting annual growth in the range of 20% to 23%. To support this trajectory, it has built a diversified portfolio across multiple lending segments. The lender currently offers eight products, including vehicle finance, home loans, and loans against property, with gold loans being the most recent addition, launched last year. The gold loan portfolio stood at Rs 1,813 crore in FY26, accounting for about 1% of total AUM. On a sequential basis, this portfolio grew by nearly 84% quarter-on-quarter, rising from Rs 986 crore as of December 2025.

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