Anand Rathi Wealth Ltd. , one of India’s leading financial services firms, said it will maintain its target of ₹1 lakh crore in assets under management (AUM) for the financial year 2025-26 (FY26), despite a slower market environment.

Feroze Azeez, Joint CEO of the company, said that the firm’s philosophy has always been to “under-commit and over-deliver,” a principle taught by its leaders, CEO Rakesh Rawal and founder Anand Rathi. “₹1 lakh crore was an aspirational number when we began because we were at ₹75,000 crore last year,” Azeez said, adding that the firm will not revise its target this quarter.

Azeez also said AUM should not be the only measure of performance in wealth management. “Revenues and profits are a great barometer because those are bank credits,” he said, pointing out

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