{"id":331760,"date":"2026-10-29T12:32:55","date_gmt":"2026-10-29T07:02:55","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=331760"},"modified":"2026-10-29T12:32:55","modified_gmt":"2026-10-29T07:02:55","slug":"wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/","title":{"rendered":"3 Wealth and Asset Services Group, Wealth and Asset Manager and Securities Depository Stocks With a Strong Future Roadmap: Nuvama Wealth Management, 360 ONE WAM and NSDL"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E83;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Nuvama Wealth Management, 360 ONE WAM and NSDL: ROE of 12.0% to 25.3% and FY22 to FY26 revenue CAGR of 19.2% to 27.1%. Prices as of 28 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E83;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three wealth manager, asset manager and depository to watch are Nuvama Wealth Management, 360 ONE WAM and NSDL. Their return on equity ranges from 12.0% to 25.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 19.2% to 27.1%. Nuvama Wealth Management leads on both return on equity at 25.3% and revenue growth at 27.1% a year. Prices are based on the 28 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Wealth manager, asset manager and depository offer a focused view of a sector where demand keeps widening. Nuvama Wealth Management, 360 ONE WAM and NSDL cover a wealth and asset services group, a wealth and asset manager and a securities depository.<\/p>\n<p>This list covers three wealth manager, asset manager and depository with complete current figures: Nuvama Wealth Management, 360 ONE WAM and NSDL. Every figure comes from the latest reported financials and the 28 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#What_Are_Wealth_Manager_Asset_Manager_and_Depository\" title=\"What Are Wealth Manager, Asset Manager and Depository?\">What Are Wealth Manager, Asset Manager and Depository?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#Wealth_Manager_Asset_Manager_and_Depository_at_a_Glance\" title=\"Wealth Manager, Asset Manager and Depository at a Glance\">Wealth Manager, Asset Manager and Depository at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#Why_Do_Wealth_Manager_Asset_Manager_and_Depository_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Wealth Manager, Asset Manager and Depository Have a Strong Roadmap in India?\">Why Do Wealth Manager, Asset Manager and Depository Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#Why_Nuvama_Wealth_Management_Features_Among_These_Wealth_Manager_Asset_Manager_and_Depository\" title=\"Why Nuvama Wealth Management Features Among These Wealth Manager, Asset Manager and Depository\">Why Nuvama Wealth Management Features Among These Wealth Manager, Asset Manager and Depository<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#Why_360_ONE_WAM_Features_Among_These_Wealth_Manager_Asset_Manager_and_Depository\" title=\"Why 360 ONE WAM Features Among These Wealth Manager, Asset Manager and Depository\">Why 360 ONE WAM Features Among These Wealth Manager, Asset Manager and Depository<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#Why_NSDL_Features_Among_These_Wealth_Manager_Asset_Manager_and_Depository\" title=\"Why NSDL Features Among These Wealth Manager, Asset Manager and Depository\">Why NSDL Features Among These Wealth Manager, Asset Manager and Depository<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#Nuvama_Wealth_Management_vs_360_ONE_WAM_vs_NSDL_on_Key_Financials\" title=\"Nuvama Wealth Management vs 360 ONE WAM vs NSDL on Key Financials\">Nuvama Wealth Management vs 360 ONE WAM vs NSDL on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#Key_Risks_to_Check_Before_Investing_in_Wealth_Manager_Asset_Manager_and_Depository\" title=\"Key Risks to Check Before Investing in Wealth Manager, Asset Manager and Depository\">Key Risks to Check Before Investing in Wealth Manager, Asset Manager and Depository<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#Final_Thoughts_on_Wealth_Manager_Asset_Manager_and_Depository\" title=\"Final Thoughts on Wealth Manager, Asset Manager and Depository\">Final Thoughts on Wealth Manager, Asset Manager and Depository<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#What_are_wealth_manager_asset_manager_and_depository\" title=\"What are wealth manager, asset manager and depository?\">What are wealth manager, asset manager and depository?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#Which_wealth_manager_asset_manager_and_depository_are_covered_in_this_list\" title=\"Which wealth manager, asset manager and depository are covered in this list?\">Which wealth manager, asset manager and depository are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#Why_do_wealth_manager_asset_manager_and_depository_have_a_strong_future_roadmap_in_India\" title=\"Why do wealth manager, asset manager and depository have a strong future roadmap in India?\">Why do wealth manager, asset manager and depository have a strong future roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#How_has_Nuvama_Wealth_Management_performed_financially\" title=\"How has Nuvama Wealth Management performed financially?\">How has Nuvama Wealth Management performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#How_has_360_ONE_WAM_performed_financially\" title=\"How has 360 ONE WAM performed financially?\">How has 360 ONE WAM performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#How_has_NSDL_performed_financially\" title=\"How has NSDL performed financially?\">How has NSDL performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#What_risks_should_investors_check_before_buying_wealth_manager_asset_manager_and_depository\" title=\"What risks should investors check before buying wealth manager, asset manager and depository?\">What risks should investors check before buying wealth manager, asset manager and depository?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/wealth-and-asset-services-group-wealth-and-asset-manager-and-securities-depository-stocks-roadmap-cascade-list\/#Is_this_list_of_wealth_manager_asset_manager_and_depository_investment_advice\" title=\"Is this list of wealth manager, asset manager and depository investment advice?\">Is this list of wealth manager, asset manager and depository investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Wealth_Manager_Asset_Manager_and_Depository\"><\/span><strong>What Are Wealth Manager, Asset Manager and Depository?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Wealth manager, asset manager and depository are listed financial companies that advise affluent clients and institutions, manage assets for high net worth investors and hold securities of investors in electronic form. Their earnings depend on client assets, market activity and account growth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Wealth_Manager_Asset_Manager_and_Depository_at_a_Glance\"><\/span><strong>Wealth Manager, Asset Manager and Depository at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE (%)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/nuvama\/nuvama-wealth-management-ltd-share-price-today\">Nuvama Wealth Management<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,744.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">31,151<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">28.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">31.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">25.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2.80<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/360one\/360-one-wam-ltd-share-price-today\">360 ONE WAM<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">991<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">42,796<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">34.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">32.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1.67<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/nsdl\/national-securities-depository-share-price-today\">NSDL<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">704.95<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14,924<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">38.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">41.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.01<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, Nuvama Wealth Management and NSDL trade at a P\/E below the industry P\/E, while 360 ONE WAM trades above it, which reflects the growth the market already expects. Readers comparing wealth manager, asset manager and depository should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Wealth_Manager_Asset_Manager_and_Depository_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Wealth Manager, Asset Manager and Depository Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Wealth manager, asset manager and depository have a strong roadmap in India because rising household wealth, growing participation in capital markets and steady demat account additions keep widening the market for these financial platforms.<\/p>\n<ul>\n<li><strong>Rising wealth.<\/strong> Affluent households seek professional advice.<\/li>\n<li><strong>Managed assets.<\/strong> Fee income grows with client assets.<\/li>\n<li><strong>Demat growth.<\/strong> New investors add accounts every month.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Nuvama_Wealth_Management_Features_Among_These_Wealth_Manager_Asset_Manager_and_Depository\"><\/span><strong>Why Nuvama Wealth Management Features Among These Wealth Manager, Asset Manager and Depository<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the wealth manager, asset manager and depository on this list, Nuvama Wealth Management is a Mumbai-based financial services company with businesses in wealth management, asset services, asset management and capital markets for individuals and institutions.<\/p>\n<p>The company has a return on equity of 25.3%, a debt to equity ratio of 2.80 and a market capitalisation of Rs 31,151 crore. The stock trades at a P\/E of 28.8, below the industry P\/E of 31.0.<\/p>\n<p>Revenue rose from Rs 1,784 crore in FY22 to Rs 4,650 crore in FY26, a compound annual growth rate of 27.1%. Net profit grew from Rs 305 crore in FY23 to Rs 1,040 crore in FY26, which works out to a compound annual growth rate of 50.5%. In the June 2026 quarter, revenue grew 22.9% year on year to Rs 1,382 crore, while net profit rose 15.8% to Rs 306 crore.<\/p>\n<p><strong>Roadmap:<\/strong> The company is growing client assets in wealth management and widening its services for institutions and private clients. Higher market participation and rising household wealth support its fee income.<\/p>\n<p><strong>What to watch:<\/strong> Track client assets, market activity and growth in asset services.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_360_ONE_WAM_Features_Among_These_Wealth_Manager_Asset_Manager_and_Depository\"><\/span><strong>Why 360 ONE WAM Features Among These Wealth Manager, Asset Manager and Depository<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the wealth platform and market infrastructure shares on this list, 360 ONE WAM is a Mumbai-based wealth and asset management firm that serves high net worth and ultra high net worth clients with wealth management, asset management and advisory services.<\/p>\n<p>Revenue rose from Rs 2,078 crore in FY22 to Rs 4,477 crore in FY26, a compound annual growth rate of 21.2%. Net profit grew from Rs 578 crore in FY22 to Rs 1,216 crore in FY26, which works out to a compound annual growth rate of 20.5%.<\/p>\n<p>The company has a return on equity of 12.0%, a debt to equity ratio of 1.67 and a market capitalisation of Rs 42,796 crore. The stock trades at a P\/E of 34.3, above the industry P\/E of 32.0.<\/p>\n<p><strong>Roadmap:<\/strong> The company is growing the assets it manages and advises as household wealth rises, and it is widening its range of investment products. Long relationships with affluent clients support recurring fee income.<\/p>\n<p><strong>What to watch:<\/strong> Monitor assets under management, net inflows and new product launches.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_NSDL_Features_Among_These_Wealth_Manager_Asset_Manager_and_Depository\"><\/span><strong>Why NSDL Features Among These Wealth Manager, Asset Manager and Depository<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, National Securities Depository, known as NSDL, is India&#8217;s first and largest depository, holding securities of investors in electronic form and providing related services to market participants.<\/p>\n<p>Revenue rose from Rs 821 crore in FY22 to Rs 1,660 crore in FY26, a compound annual growth rate of 19.2%. Net profit grew from Rs 213 crore in FY22 to Rs 380 crore in FY26, which works out to a compound annual growth rate of 15.6%.<\/p>\n<p>The company has a return on equity of 16.0%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 14,924 crore. The stock trades at a P\/E of 38.4, below the industry P\/E of 41.8.<\/p>\n<p><strong>Roadmap:<\/strong> The company is gaining from the steady growth in demat accounts and from higher market participation. Its fee income from account maintenance and transactions grows as more investors enter the market.<\/p>\n<p><strong>What to watch:<\/strong> Track growth in demat accounts, trading volumes and new service launches.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Nuvama_Wealth_Management_vs_360_ONE_WAM_vs_NSDL_on_Key_Financials\"><\/span><strong>Nuvama Wealth Management vs 360 ONE WAM vs NSDL on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three wealth manager, asset manager and depository side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Nuvama Wealth Management<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,784<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,650<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">27.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,040<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">360 ONE WAM<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,078<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,477<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.2%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,216<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">27.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">NSDL<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">821<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,660<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.2%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">380<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Nuvama Wealth Management posts the highest return on equity in this group at 25.3%. Nuvama Wealth Management combines the largest FY26 revenue at Rs 4,650 crore with the fastest revenue growth, a 27.1% compound annual rate. A useful habit with wealth manager, asset manager and depository is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Wealth_Manager_Asset_Manager_and_Depository\"><\/span><strong>Key Risks to Check Before Investing in Wealth Manager, Asset Manager and Depository<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these wealth manager, asset manager and depository, the main points are:<\/p>\n<ul>\n<li><strong>Market activity.<\/strong> Fee income follows trading and investor activity.<\/li>\n<li><strong>Regulatory approvals.<\/strong> Plant inspections and approvals can affect supplies.<\/li>\n<li><strong>Competition.<\/strong> Rivals can influence pricing and market share.<\/li>\n<\/ul>\n<p>Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter wealth manager, asset manager and depository by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Wealth_Manager_Asset_Manager_and_Depository\"><\/span><strong>Final Thoughts on Wealth Manager, Asset Manager and Depository<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Wealth manager, asset manager and depository reward patient research into demand, execution and financial strength. Nuvama Wealth Management, 360 ONE WAM and NSDL each have a clear plan to grow. Based on the 28 October 2026 close, Nuvama Wealth Management trades at Rs 1,744.7, 360 ONE WAM at Rs 991 and NSDL at Rs 704.95.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track wealth manager, asset manager and depository, set price alerts and get research-backed stock ideas.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_wealth_manager_asset_manager_and_depository\"><\/span><strong>What are wealth manager, asset manager and depository?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Wealth manager, asset manager and depository are listed financial companies that advise affluent clients and institutions, manage assets for high net worth investors and hold securities of investors in electronic form. Their earnings depend on client assets, market activity and account growth. This list looks at three of them, Nuvama Wealth Management, 360 ONE WAM and NSDL, using reported FY22 to FY26 financials and the 28 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_wealth_manager_asset_manager_and_depository_are_covered_in_this_list\"><\/span><strong>Which wealth manager, asset manager and depository are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Nuvama Wealth Management, 360 ONE WAM and NSDL. Based on the 28 October 2026 close, Nuvama Wealth Management traded at Rs 1,744.7, 360 ONE WAM at Rs 991 and NSDL at Rs 704.95. Their return on equity ranges from 12.0% to 25.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 19.2% to 27.1%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_wealth_manager_asset_manager_and_depository_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do wealth manager, asset manager and depository have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Wealth manager, asset manager and depository have a strong roadmap in India because rising household wealth, growing participation in capital markets and steady demat account additions keep widening the market for these financial platforms. The main drivers are as follows. Rising wealth. Affluent households seek professional advice. Managed assets. Fee income grows with client assets. Demat growth. New investors add accounts every month. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Nuvama_Wealth_Management_performed_financially\"><\/span><strong>How has Nuvama Wealth Management performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 1,784 crore in FY22 to Rs 4,650 crore in FY26, a compound annual growth rate of 27.1%. Net profit grew from Rs 305 crore in FY23 to Rs 1,040 crore in FY26, which works out to a compound annual growth rate of 50.5%. In the June 2026 quarter, revenue grew 22.9% year on year to Rs 1,382 crore, while net profit rose 15.8% to Rs 306 crore. The company has a return on equity of 25.3%, a debt to equity ratio of 2.80 and a market capitalisation of Rs 31,151 crore. The stock trades at a P\/E of 28.8, below the industry P\/E of 31.0. Looking ahead, the company is growing client assets in wealth management and widening its services for institutions and private clients. Higher market participation and rising household wealth support its fee income.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_360_ONE_WAM_performed_financially\"><\/span><strong>How has 360 ONE WAM performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 2,078 crore in FY22 to Rs 4,477 crore in FY26, a compound annual growth rate of 21.2%. Net profit grew from Rs 578 crore in FY22 to Rs 1,216 crore in FY26, which works out to a compound annual growth rate of 20.5%. The company has a return on equity of 12.0%, a debt to equity ratio of 1.67 and a market capitalisation of Rs 42,796 crore. The stock trades at a P\/E of 34.3, above the industry P\/E of 32.0. Looking ahead, the company is growing the assets it manages and advises as household wealth rises, and it is widening its range of investment products. Long relationships with affluent clients support recurring fee income.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_NSDL_performed_financially\"><\/span><strong>How has NSDL performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 821 crore in FY22 to Rs 1,660 crore in FY26, a compound annual growth rate of 19.2%. Net profit grew from Rs 213 crore in FY22 to Rs 380 crore in FY26, which works out to a compound annual growth rate of 15.6%. The company has a return on equity of 16.0%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 14,924 crore. The stock trades at a P\/E of 38.4, below the industry P\/E of 41.8. Looking ahead, the company is gaining from the steady growth in demat accounts and from higher market participation. Its fee income from account maintenance and transactions grows as more investors enter the market.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_wealth_manager_asset_manager_and_depository\"><\/span><strong>What risks should investors check before buying wealth manager, asset manager and depository?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying wealth manager, asset manager and depository. Market activity. Fee income follows trading and investor activity. Regulatory approvals. Plant inspections and approvals can affect supplies. Competition. Rivals can influence pricing and market share. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_wealth_manager_asset_manager_and_depository_investment_advice\"><\/span><strong>Is this list of wealth manager, asset manager and depository investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 28 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are wealth manager, asset manager and depository?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Wealth manager, asset manager and depository are listed financial companies that advise affluent clients and institutions, manage assets for high net worth investors and hold securities of investors in electronic form. Their earnings depend on client assets, market activity and account growth. 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Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wealth Manager, Asset Manager and Depository with a strong future roadmap: Nuvama Wealth Management, 360 ONE WAM and NSDL. Compare price, valuation, return on equity and revenue growth as of 28 October 2026.<\/p>\n","protected":false},"author":34,"featured_media":331759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[17853,17850,3803,8917,10584,17852,12350,17851],"class_list":["post-331760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-360-one-wam","tag-asset-manager-and-depository","tag-best-stocks","tag-nsdl","tag-nuvama-wealth-management","tag-wealth-and-market-infrastructure-stocks","tag-wealth-manager","tag-wealth-platform-and-market-infrastructure-shares"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["331759"],"rank_math_title":["Wealth Manager, Asset Manager and Depository Stocks"],"rank_math_description":["Compare 3 wealth manager, asset manager and depository with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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