Ashutosh Bhargava Named CEO As Neo Group Enters Mutual Fund Business
CE DESK 
Ashutosh Bhargava has been appointed Chief Executive Officer of Neo Mutual Fund, leading Neo Group’s newly launched mutual fund business. The appointment accompanies the group’s expansion of its wealth and asset management operations.
Bhargava brings more than two decades of experience in investment research and fund management. Before joining Neo, he served as Head of Equity Research and Senior Fund Manager at Nippon India Mutual Fund, overseeing diversified equity, quantitative, solution-oriented and asset allocation strategies.
Neo Wealth and Asset Management announced the launch of Neo Mutual Fund on November 6, 2026. Bhargava will lead the business alongside Sudeep Aggarwal, who has been appointed Chief Business Officer. The launch marks the group’s entry into India’s mutual fund industry.
In its initial phase, the fund house plans to introduce schemes across liquid, arbitrage, diversified equity and multi-asset allocation categories. These launches remain subject to regulatory approvals. Neo also intends to establish a presence across more than 25 locations in India.
His transition brings experience in equity research and portfolio management to the leadership of a newly established fund house preparing its product offerings and distribution presence.
