Structured Credit Funds
Engineering superior risk-adjusted yields through bespoke credit instruments backed by robust collateral structures and covenant protection.
Definition & Purpose
Structured Credit Funds deploy capital through bespoke debt instruments — NCDs, mezzanine debt, and structured notes — to corporate borrowers who require customized financing solutions beyond what traditional banks offer. These instruments are engineered with tailored repayment profiles, interest structures, and security packages to optimize risk-return outcomes.
Instruments
NCD, Mezz, Notes
Risk Profile
Medium
Min. Investment
₹1 Crore
Target Yield
12–18% p.a.
Instrument Toolkit
Non-Convertible Debentures
Fixed-income instruments with defined coupon and maturity, secured by specific business assets or guarantees.
Mezzanine Debt
Subordinated debt with equity-kicker features (warrants or options), filling the capital structure gap between senior debt and equity.
Structured Notes
Bespoke instruments with embedded derivatives providing principal protection or enhanced yield through structured payoff profiles.
Credit Underwriting
Cash Flow Analysis
Stress-tested free cash flow models across multiple scenarios to validate debt serviceability.
Security Package
First charge on assets, promoter guarantees, and pledge of shares to secure lender position.
Covenant Structure
Financial covenants (DSCR, leverage ratios) with cure periods and step-up rates on breach.
Legal Documentation
Robust term sheets and debenture trust deeds drafted to SEBI and RBI regulatory standards.
Access Structured Credit Strategies
Speak with our credit specialists to understand current deployment opportunities and risk-return profiles.
Request Fund Prospectus