Arham Finance

What Arham Finance does

Arham Finance is a Mumbai-based, founder-led wealth management and financial advisory firm incorporated in 2017 by Charmi Harsh Dedhia. The firm operates as a distributor and advisor rather than a product manufacturer, distributing mutual funds, Specialized Investment Funds (SIFs), Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), insurance, loans, and fixed deposits/bonds, alongside dedicated advisory practices for child education, retirement, and tax-efficient wealth strategies. Regulatory standing is anchored by AMFI-registered mutual fund and SIF distribution (ARN 119270) and IRDA-recognized insurance consultancy, which together permit commission-based distribution across the Indian retail and HNI wealth segments.

The business model is transaction-fee-driven: revenue is earned via commissions on product placements and trail fees on assets under advice, with no disclosed subscription or flat-fee advisory pricing. Service delivery follows a five-stage consultative process — Discovery, Analysis, Strategy, Implementation, and Review & Rebalance — delivered directly by a 1–10 person team from a single Borivali East office. Account opening is routed through Fund Bazaar and portfolio tracking through IIFL Securities (India Infoline Wealth); the firm has no proprietary platform, mobile app, API, or AI tooling, and depends on its website, founder-authored blog content, and direct consultations as its primary go-to-market motion. Customer base is stated at 350+ clients spread across India and abroad, with no named enterprise logos, no external funding, and no disclosed revenue.

Name

Arham Finance

Legal name

Arham Finance

Website

https://arhamfinance.in

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Arham Finance is a Mumbai-based, founder-led wealth advisory firm distributing mutual funds, SIFs, PMS, AIFs, insurance, and loans to 350+ individual and HNI clients across India and abroad, earning revenue through commissions and advisory fees.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)

akta.pro secondary industries

ESG/Sustainable Investment Advisory (FSAEAAAJ), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)

Keywords

• Wealth management services
• Financial advisory
• Investment distribution
• Mutual fund advisory
• Retirement planning services

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Mutual Fund Distribution: Revenue from distributing mutual fund products as an AMFI-registered distributor. Advisory fees or commissions from mutual fund investments.
2. Insurance Advisory: Revenue from insurance product advisory as an IRDA-recognized insurance consultant.
3. AIF Distribution: Revenue from distributing Alternative Investment Funds to qualified investors (HNIs) with minimum ₹1 Crore investment.
4. PMS Distribution: Revenue from Portfolio Management Services distribution with ₹50 Lakhs minimum investment.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Arham Finance is a Mumbai-based wealth management and financial advisory firm that distributes and advises on mutual funds, Specialized Investment Funds (SIF), Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), insurance, loans, and fixed deposits/bonds. It complements product distribution with goal-based financial planning services covering child education, retirement, and tax-efficient wealth strategies, delivered through a five-stage Discovery, Analysis, Strategy, Implementation, and Review & Rebalance process. The firm operates as an AMFI-registered mutual fund and SIF distributor and an IRDA-recognized insurance consultant serving 350+ individual and family clients across India and abroad.

Product overview

Arham Finance operates as a unified wealth management and financial advisory firm rather than a platform-plus-modules architecture. The company offers a comprehensive suite of investment and planning services anchored by AMFI-registered mutual fund distribution, SIF distribution, and IRDA-recognized insurance consultancy. Core investment products include Mutual Funds, Specialized Investment Funds (SIFs), Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), insurance, loans, and fixed deposits/bonds. These are complemented by specialized planning services for child education, retirement, and tax-efficient wealth strategies. The offering also includes a set of interactive financial planning calculators (SIP, EMI, retirement, education, wedding, dream home/car/vacation) and a goal-based investment advisory methodology with a five-stage process from discovery through review and rebalancing. The company primarily serves individual investors and families seeking personalized, research-backed financial guidance.

Differentiator

Problem solved

Functional benefit

Products and services

• Mutual Funds Distribution AMFI-registered distribution of equity, debt, and hybrid mutual fund schemes including open-ended and close-ended funds across categories such as liquid funds, gilt funds, floating rate funds, balanced funds, sectoral funds, and tax-saving (ELSS) funds; targeted at individual investors across India.
• Specialized Investment Fund (SIF) Distribution AMFI-registered distribution of Specialized Investment Funds offering focused exposure to specific themes, strategies, or asset classes including thematic SIFs (technology, healthcare, infrastructure), factor-based SIFs, hybrid SIFs, and quant/strategy SIFs; for investors seeking differentiated portfolio strategies.
• Portfolio Management Services (PMS) Distribution of professional investment management services with discretionary and non-discretionary options; portfolio managers manage investments in equity, debt, and securities based on client goals, risk appetite, and horizon, subject to a ₹50 Lakh minimum investment as per SEBI regulation.
• Alternative Investment Funds (AIFs) Distribution of SEBI-regulated privately pooled investment vehicles offering exposure to non-traditional asset classes across Category I, II, and III AIFs; targeted at qualified HNI investors with a ₹1 Crore minimum investment per investor.
• Insurance Advisory IRDA-recognized insurance consultancy covering health, motor, home, travel, and personal accident insurance; provides policy selection and claims support for individuals and families.
• Loans & Credit Solutions Loan advisory covering home loans, personal loans, business loans, loans against property, and car loans through a network of banks and NBFCs; provides transparent guidance and end-to-end processing support for salaried, self-employed, and business-owner borrowers.
• Fixed Deposits & Bonds Advisory Traditional fixed-income investment advisory covering bank fixed deposits, corporate fixed deposits, government bonds, corporate bonds, and tax-free bonds; for capital protection and predictable income across flexible tenures.
• Child Education & Retirement Planning Goal-based financial planning for funding higher education in India or abroad (inflation-adjusted corpus estimation, asset allocation, periodic reviews) combined with retirement planning covering corpus estimation, inflation protection, post-retirement regular income strategies, and age-based risk reduction.
• Tax-Efficient Wealth Strategies Tax optimization advisory focused on maximizing post-tax returns through ELSS funds, asset allocation planning, capital gains management, retirement and pension products, and tax-aware debt instrument structuring for salaried individuals, business owners, professionals, and HNIs.
• Goal-Based Investment Advisory Personalized investment advisory that aligns portfolios with life goals rather than returns, delivered through a five-stage Discovery, Analysis, Strategy, Implementation, and Review & Rebalance process for individual investors and families.

Named customers1 record

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Four partnerships are on record, tiered core.

• Fund BazaarcoreChannel Partner/ Reseller/ DistributorFund Bazaar is a partner platform that enables Arham Finance clients to open investment accounts and manage mutual fund investments. Arham Finance directs clients to Fund Bazaar for account opening and investment management.
• IIFL SecuritiescoreChannel Partner/ Reseller/ DistributorIIFL Securities provides a platform for Arham Finance clients to track and manage consolidated mutual fund portfolios. Clients can review investments through IIFL's instant review feature.
• AMFI (Association of Mutual Funds in India)coreOthersArham Finance is a certified Mutual Fund Distributor recognized by AMFI. This regulatory affiliation enables the firm to distribute mutual fund products.
• IRDA (Insurance Regulatory and Development Authority)coreOthersArham Finance has insurance consultants recognized by IRDA, enabling the firm to provide insurance advisory services.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Motilal Oswal Wealth Management: Full-service Indian financial services group with PMS, mutual fund distribution and personal finance advisory for individuals and HNIs. Comparable offering across product categories with much greater brand recognition and geographic reach.
• Anand Rathi Wealth Services: Listed Indian wealth management firm offering AIF, PMS, mutual fund distribution and financial planning to HNI/UHNI clients. Comparable product breadth and target segment, but materially larger scale and institutional governance versus Arham's founder-led boutique.
• IIFL Wealth: Large Indian private wealth manager providing PMS, AIF distribution, mutual funds and investment advisory. Arham already partners with IIFL Securities for portfolio tracking, making IIFL both an enabler and a large incumbent competitor.
• FundsIndia (by ICICl Securities): ICICI Securities' online mutual fund and personal finance advisory platform offering curated portfolios and goal-based planning. Competes with Arham's digital advisory side while leveraging deep institutional infrastructure.

Emerging players

• Groww: One of India's largest retail investment platforms offering direct mutual funds, stocks, and ETFs with embedded calculators and goal planning. Overlaps with Arham on the mutual fund distribution and goal-planning axes but at vastly larger scale and digital-first.
• Value Research: Independent Indian mutual fund research, data and advisory platform. Competes with Arham on research-driven mutual fund selection and investor education though not a distributor — and increasingly powerful as a research intermediary in distribution decisions.

Direct peers

• Scripbox: Robo-advisor / goal-based mutual fund advisory platform serving Indian retail investors. Closest direct digital competitor to Arham's goal-based, advisory-led investment process — though Scripbox operates at meaningfully larger scale.
• Kuvera: Direct mutual fund investment platform offering goal-based investing, tax planning and financial planning tools. Comparable in goal-based advisory methodology but competes via a low-cost digital model versus Arham's human-led distribution.
• NJ IndiaInvest: India-focused mutual fund distribution and investment advisory franchise with multi-city branch network. Directly competes with Arham in retail/HNI mutual fund and insurance distribution but operates at significantly larger scale.

Regional players

• SHRIRAM Insight: Indian mutual fund and insurance distributor with strong regional (South India) footprint. Comparable product set (MF distribution + insurance) but different geographic focus than Arham's Mumbai-centric base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/arham-finance

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arham Finance