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Axis AMC has announced the final closure of its Axis Structured Credit AIF II. The AIF has successfully raised commitments of Rs.740 crore.
In a press release, the AMC said that the fund received strong backing from a diverse investor base, with close to more than half of commitments coming from institutional investors, including insurance companies, corporates (both listed and unlisted) and family offices.
Further, the remaining commitments were secured from HNIs and wealth management channels, said the fund house.
B. Gopkumar, MD & CEO, Axis AMC said, “The successful close of Axis Structured Credit AIF II reflects our continued commitment to providing investors with high-quality credit investment opportunities. The strong participation from institutional and wealth investors underscores confidence in our ability to navigate evolving market dynamics and deliver superior risk-adjusted returns.”
Axis Structured Credit AIF II aims to create a diversified portfolio through disciplined exposure limits. The fund will primarily focus on structured credit opportunities, with most of the individual deals ranging between Rs.50-65 crores.
Total tenure of the fund spans five years from its first closure in October 2023.
Nachiket Naik, Head – Structured Credit, Axis AMC added "We believe structured credit presents a compelling opportunity in today’s dynamic market environment. The fund will offer bespoke financial solutions, through well structured transactions to key relationship clients. It will maintain disciplined risk management and diversification, ensuring sustainable value creation for investors."
