360 One WAM 's wholly owned subsidiary, 360 ONE Asset Management Limited, has achieved a significant milestone in its expansion plans. The company has received approval from the Securities and Exchange Board of India (SEBI) to establish a Specialized Investment Fund (SIF) under SEBI (Mutual Funds) Regulations, 1996.

Approval Details

The approval was granted through a letter dated August 13, as confirmed in a corporate filing by 360 ONE WAM LIMITED to the stock exchanges on August 14. This development marks a crucial step for the company in diversifying its investment offerings and expanding its market presence.

DynaSIF: A New Investment Platform

Under the SIF framework, 360 ONE Asset Management is set to launch a Specialized Investment Platform called DynaSIF. This platform will offer various SIF products to investors, potentially providing new and innovative investment opportunities in the market.

Implications for Investors

The introduction of DynaSIF could offer investors access to a wider range of specialized investment products. While specific details about the types of SIF products to be offered are yet to be disclosed, this development suggests that 360 ONE Asset Management is positioning itself to cater to diverse investor needs and preferences.

Corporate Developments

In a separate update, 360 ONE WAM LIMITED also informed the stock exchanges about amendments to certain business transfer agreements. These agreements, originally executed on April 22, involve various subsidiaries of 360 ONE WAM LIMITED, Credit Suisse Securities (India) Private Limited, and UBS AG. The company stated that the parties are expediting select milestones and timelines set forth in these agreements, leading to amendments recorded on August 13.

Market Impact

While the approval for the Specialized Investment Fund is a positive development for 360 ONE Asset Management, the company has stated that the amendments to the business transfer agreements are not expected to have any material impact on the transactions or on the financial performance of the company and its subsidiaries.

As 360 ONE Asset Management prepares to launch its DynaSIF platform, market participants will be keenly watching for further details on the types of specialized investment products to be offered and their potential impact on the company's growth trajectory.

360 ONE WAM Limited , a leading wealth and asset management firm, has reported a strong performance for the first quarter, with significant growth across various business segments. The company's strategic initiatives, including recent acquisitions and collaborations, are expected to drive further expansion in the coming quarters.

Key Highlights

• Total ARR (Annual Recurring Revenue) AUM (Assets Under Management) increased by 30% year-on-year to Rs 2,87,317.00 crore.
• The company recorded its highest ever quarterly PAT (Profit After Tax) at Rs 287.00 crore, an increase of 18% year-on-year.
• ARR Revenue for the quarter grew by 35.9% year-on-year to Rs 511.00 crore.
• The company maintains a strong client base with 4,200+ clients having total AUM of 10 crore or more, accounting for 95% of Wealth AUM (excluding custody).

Strategic Developments

B&K Securities Acquisition

360 ONE WAM successfully completed the acquisition of B&K Securities on May 27, 2025. The integration process has begun, with Mr. Saahil Murarka, promoter and MD of B&K Securities, joining the 360 ONE leadership team and board. This acquisition is expected to strengthen the company's broking and transactional platform within its Wealth Management franchise.

UBS Collaboration

The company has received all required regulatory approvals for its strategic collaboration with UBS. This partnership encompasses business collaboration across geographies and business segments, UBS AG's stake in 360 ONE, and the integration of UBS India's wealth management business with 360 ONE WAM. The collaboration is expected to enhance the company's global reach and service offerings.

ET Money Integration

360 ONE WAM has made significant progress in integrating ET Money into its operations. The business has reduced its losses from around Rs 5.00 crore per month to approximately Rs 6-7 crore per quarter. The company has developed a clear growth strategy for ET Money, focusing on the mass affluent segment and driving higher monetization of its expanding client base.

Financial Performance

The company's retention on ARR AUM remains strong at 79 basis points overall and 70 basis points excluding carry income. The cost-to-income ratio improved to 48.4% compared to 50.7% in the previous quarter.

Business Outlook

360 ONE WAM remains focused on achieving net flows of 12-15% of its opening ARR AUM for the year. The company aims to collect between Rs 27,000.00 crore to Rs 35,000.00 crore in net flows across its wealth and asset management businesses.

In the asset management segment, the company plans to launch one strategy-based alternate scheme every quarter, targeting 4-5 new funds throughout the year. This approach is expected to help achieve the target of Rs 8,000.00 to 10,000.00 crore in new assets.

Karan Bhagat, Managing Director & CEO of 360 ONE WAM, commented on the performance, stating, "We are pleased with our strong start to the fiscal year, with robust growth across our key business segments. Our strategic initiatives, including the B&K Securities acquisition and UBS collaboration, position us well for continued expansion and enhanced service offerings to our clients."

360 ONE WAM continues to execute its growth strategy, remaining well-positioned to capitalize on the growing wealth and asset management opportunities in India.