In September 2019, Nikhil Kamath co-founded True Beacon, a client-aligned asset management initiative. True Beacon brings his fund management experience to a global group of Ultra High Net Worth strategic investors with a disruptive zero standing-fee model. Nikhil is also the Investment Manager for True Beacon International, a Mauritius-based entity for global clients. In its first year of operation, the flagship fund, ‘True Beacon One’, achieved an annualized return of 29.7%, outpacing the Indian stock market benchmark by 26.6%. He is the youngest member of Forbes India’s 100 richest 2020 list.