Axis AMC plans Rs.2,000 crore pvt credit fund
MUMBAI, Dec. 12 -- Axis Asset Management Company (AMC) is set to launch its third private credit alternative investment fund (AIF) next week, aiming to raise up to Rs.2,000 crore, a senior executive told Mint. The move comes as the fund house looks to scale sharply in a private-credit market that is drawing record interest even as traditional lenders pull back.
"We are launching the fund next week and expect the first close by end-February," said Nachiket Naik, head of structured credit at Axis AMC. With its previous fund fully deployed, Axis is moving fast to capture the momentum. Private-credit deployment in India hit $9 billion across 79 deals above $10 million in the first half of 2025....
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