Neo Income Plus Fund

Neo Income Plus Fund

About Company

Neo Group is a modern asset and wealth management platform that offers comprehensive investment solutions. They focus on delivering reliable strategies to help clients grow and manage their wealth effectively. Their approach combines innovation with expert guidance to navigate today’s financial landscape, ensuring security and maximizing opportunities for the investors.

Category: AIF, AIF Category II

Neo Income Plus Fund

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.

 

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AltPort Fund Insights

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Fund Manager

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.

 

Frequently Asked Questions

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.

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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.

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