
Category II
The Axis Structured Credit AIF – III (Axis Structured Credit Fund III) is a closed-ended, SEBI-registered Category II Alternative Investment Fund (AIF) managed by Alternates by Axis AMC. Launched with a target base corpus of ₹1,000 crore alongside a ₹1,000 crore greenshoe option (bringing the total target size to ₹2,000 crore), this third vintage succeeds their fully-deployed ₹740 crore second fund. Led by an experienced credit team under Nachiket Naik, the fund functions as a sophisticated "performing credit" vehicle that avoids binary startup or highly distressed real estate risks. Instead, it deploys larger average ticket sizes into mid-market corporate credit, structured debt, and bespoke financing solutions—such as acquisition funding, promoter stake consolidation, and growth capex—leveraging the institutional underwriting, deal sourcing power, and rigorous risk frameworks of the broader Axis Group.
Fund Type
Category II
Category Type
Private Credit (100%)
Investment Focus
Private Credit
Fund Currency
INR
Fund size (₹in cr.)
₹1,000
Green Shoe Corpus (₹in cr.)
₹1,000
Drawdown (₹in cr.)
-
Commitment Raised (₹in cr.)
-
Sponsor Commitment (₹in cr.)
-
Registration Number
IN/AIF2/17-18/0512
Fund Inception Date
-
First Close Date
-
Last Close Date
-
Last Updated Factsheet
-
Ticket Size (₹in cr.)
₹1
Open And Close Ended Fund
Close-Ended
Tenure
4 years, 6 months
Extension Period
2 years
Lock-in Period
Close-Ended
Residual Tenure
-
Open For Investments
Yes