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Axis Structured Credit AIF – III

Category II

Overview

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 Structure Details

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