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Premium Access AIF Category II

Neo Income Plus Fund

Distributed through AltPort Experts. Comprehensive fund documentation can be accessed through our research team.
Category AIF Category II
Company Neo Asset Management
Fund Managers Ashutosh Ojha
Share: f x in w

About Company

Neo Asset Management

Neo Asset Management is an arm of Neo Group that provides credit and fixed income solutions to client needs across various asset classes in India. They provide capital solutions to stabilize companies and help them grow while producing attractive returns for investors. Neo Asset Management caters to pension funds, insurance companies, large family offices, HNIs, and UHNIs. To have a constructive impact on the Indian economy by providing a flow of essential long-term credit solutions to companies and businesses that contribute to the sustainable growth of the economy and society. To provide superior risk-adjusted inflation-beating long-term returns to our investors through efficient and responsible capital management with a focus on capital preservation.

Fund Snapshot

Category SEBI registered Category AIF
Structure Close-ended
Fund Size INR 700 Cr
Expected IRR ~15%-16% p.a.
Fund Term 4 years from first close
Return Profile Interest Income + Capital Appreciation
Drawdowns Up to 3
Estimated Number of Fund Investments At least 12
Additional Sponsor Commitment Up to ~6% of fund size
Sector Focus Sector Agnostic
Investment Manager Neo Asset Management Private Limited Fund

Structured Uniquely in the best interest of Clients

1. Strong Sponsor Support
-Skin in the game
– Sponsor absorbs potential losses before investors
2. Fees
– Truly aligns with customer’s interest
– Zero performance fees
– Competitive pricing
3. Deployment and Drawdown
– Short deployment period of 12-18 months
-Maximum of 2-3 drawdowns
4. Robust Pipeline
– Pipeline of 20+ deals, 5 in advanced stages
– Well-diversified spread over multiple sectors

NEO's Unique Performing Credit Philosophy

At NEO, their approach to Performing Credit is guided by a distinctive set of principles aimed at delivering sustainable and robust investment outcomes.
Here’s how they achieve this:

  • Scaled time-tested Companies
  • Adequate Collateral
  • <3:1* Projected Debt / EBITDA
  • Low leverage focus
  • Proven Industries
  • Strong Covenants
  • Counterparty Conduct & Alignment

At NEO, their commitment to these principles underpins their strategy in Performing Credit, fostering trust, stability, and consistent value creation for the stakeholders.

 

Precision Today, Prosperity Tomorrow

At AltPort, every precise move today compounds into tomorrow’s growth. Our approach blends discipline with opportunity-seeking intelligence. If prosperity is your long-term aim, precision is the first step—and we bring plenty of it.

 

Section: Fund Leadership
Meet the Fund Managers

Learn about the experienced fund managers responsible for investment decisions, portfolio strategy, and long-term fund performance.

Ashutosh Ojha

 

Ashutosh Ojha brings over nineteen years of hands-on experience in credit investing, backed by a strong academic foundation from premier Indian institutes. With a track record of deploying nearly ₹8,000 crore across performing credit strategies, the manager has executed more than 25 deals with a remarkable 100% exit success rate and an IRR delivery in the 13–16% range. 

 

His career spans leading roles in derivatives trading, risk management, and quantitative research at well-known financial institutions. He has managed credit portfolios across NBFCs, infrastructure, promoter financing, sub-sovereign entities, and securitized structures, including a tenure overseeing a prominent CreditPlus Category II AIF. Known for a zero-default track record and deep specialization in performing credit, the manager has shaped investment strategies across mutual funds and Category II funds, consistently focusing on disciplined credit selection and strong risk controls.

 

Section: Help & Support
Frequently Asked Questions

Find answers to common questions about fund investments, performance, portfolio strategy, and investor services.

What does the Neo Income Plus Fund offer? +

A private debt fund delivering 15-16% annual returns by lending to established companies through secured loans.

How frequently are payouts made? +

Investors receive quarterly income distributions between 2.5% and 3%.

What is the minimum entry amount? +

Minimum investment required is ₹1 crore.

Who is responsible for managing the fund? +

Neo Asset Management manages the fund with leadership from professionals experienced at Edelweiss, Goldman Sachs, and Macquarie.

How does this fund compare with mutual funds or fixed deposits? +

It offers higher returns than FDs and mutual funds, with comparable or lower risk.

What is the investment duration? +

Funds are locked in for 4 years from the initial closing date

How secure is the investment? +

The fund invests exclusively in secured loans, holds a CRISIL AA- rating, and the sponsor contributes 6% of capital to absorb initial losses

Are performance fees applicable? +

No, only a fixed management fee applies; no performance-based fees are charged

Where are the funds allocated? +

To secure loans for companies needing capital for expansion, working capital, or acquisitions, primarily in retail, pharmaceuticals, and finance sectors.

Is early withdrawal allowed? +

No, it is a close-ended fund with no exit permitted before maturity.

Section: Contact Us
Get In Touch

Connect with our investment experts for personalized guidance, fund details, and support tailored to your financial needs.

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Disclaimer: Investing in AIF, PMS, Gift City or Mutual Fund is subject to market risk. Please read the related documents carefully. Past performance does not guarantee future results and there is no assurance that the managed accounts will necessarily achieve their objectives. Actual portfolios may differ as a result of account size, client-imposed investment restrictions, the timing of client investments and market, economic, and individual company factors. We at ALTPORT do not guarantee any returns in the hands of investors, nor do we take any sort of accountability for the performance of the scheme.