Systematix Private Wealth Aims ₹40,000 Crore AUM in Five Years, Bets on Tier-II City Expansion

Systematix Private Wealth has unveiled a five-year growth strategy targeting up to ₹40,000 crore in AUM, driven by asset allocation-led advisory, tier-II city expansion, and rising demand for structured wealth management in India.

Kolkata : Systematix Private Wealth, the wealth management arm of the Systematix Group, has announced an five-year growth plan targeting assets under management (AUM) of upto ₹40,000 crore, representing a more than four-fold increase from its current base of approximately ₹9,000 crore. The strategy is anchored in disciplined asset allocation-led advisory, a diversified client mandate, and geographic expansion into India's rapidly emerging tier-II wealth markets.

The announcement comes at a time when India's high-net-worth population is growing at an estimated 12 percent annually, with the country's wealthy individuals collectively controlling assets in excess of one trillion dollars. Despite this scale, formal wealth management penetration in India stands at just 11–12 percent which is in a stark contrast to developed economies, where 60–75 percent of wealth is managed through structured, institutional frameworks. Systematix Private Wealth sees this gap as a defining opportunity.

Parth Sengupta, Joint Managing Director & CEO said, "When nine out of ten rupees of high-net-worth wealth sit outside structured management, the opportunity is not just incremental but it is also transformational. Systematix Private Wealth is built to capture that shift as India's investors demand rigour, breadth, and trust from their wealth partners."

Bhaskar Hazra, Joint Managing Director & CEO, said, "India is at an inflection point in its wealth creation story, with millionaire ranks swelling at 12 percent a year and a trillion-dollar asset pool still largely untouched by formal advisory. We are here to change that, one right allocation at a time."

Systematix Private Wealth has underscored the philosophical foundation of the firm's approach which states that the practice is built on getting asset allocation right, not on pushing products. This client-first framework will underpin a full-spectrum service offering spanning equities, fixed income, alternative investments, commodities, offshore products, estate planning, and tax advisory.

The firm has defined three distinct client segments it will serve. The first comprises professionals including senior executives, CXOs, and high-net-worth individuals with a minimum investment threshold of ₹5 crore. The second covers family offices and business owners, who require bespoke, multigenerational wealth structuring. The third segment is corporate treasury, representing a significant and underserved pool of institutional capital requiring sophisticated cash and investment management. Ultra-HNI clients engaging across these segments are subject to a minimum ticket size of ₹25 crore.

A key competitive differentiator is Systematix Private Wealth's proprietary in-house fund selection model, designed to deliver consistency by ensuring a strong majority of recommended funds rank among the top performers in their respective categories. This structured selection framework is intended to reduce reliance on relationships and market timing, replacing them with repeatable, research-driven outcomes.

Geographic expansion is central to the growth blueprint. The firm has already established a presence across six cities — Delhi, Mumbai, Kolkata, Ahmedabad, Indore, and Pune — in its first year of operations. By the end of the fifth year, the firm plans to operate across 17 cities, with a deliberate focus on emerging wealth hubs including Surat, Jaipur, Baroda, Lucknow, Hyderabad, and Goa. This expansion strategy is designed to tap the rising affluence in tier-II markets, where formal wealth management remains virtually absent.

The executives highlighted the structural underpinning of the opportunity: an estimated $400 billion of high-net-worth wealth in India continues to be managed informally. Transitioning even a fraction of that into structured wealth management — spanning mutual funds, alternative investment funds, private markets, and direct equities — represents a substantial and durable runway for growth.

Systematix Private Wealth enters the market with conviction that the convergence of rising affluence, growing financial sophistication among Indian investors, and the chronic underservicing of formal wealth management creates conditions for sustained, scalable expansion.