The word "Neeti" is from Sanskrit and, together with its variants, means morality, justice, ethical behaviour and truth.
Fund of funds with a strong value bias. Focused on investing in long only or long/short equity funds with a global focus and without thematic constraints. Most of the underlying fund managers have a significant portion of their personal wealth invested in their own funds.
The fund is 50% invested in long only funds and 44% in long short funds as at 1 Feb 2019.
Model portfolio returns (after all fees and charges) for Neeti Fund (backtested to 2014) are as follows:
|Year||Model Portfolio||The Index*|
* The index is a composite of MSCI ACWI IMI Index and the Credit Suisse Long Short Equity Index weighted based on the respective allocations to "Long Only" and "Long/short" Equity Funds.