Alpha Debt Fund - Enhanced Class A
A tax efficient debt fund that adds diversity to your fixed income portfolio by investing into market linked debentures (MLDs) of high growth companies with the benefit of first loss protection from IM covering you for both credit and interest rate risk. Fund offers high diversity across sectors with very low single issuer concentration. Suited for UHNIs and family offices with an investment horizon of 4 years.compare
Category
CATEGORY II
Type
Close Ended
Status
Closed
Fund Size
500 Cr (Including green-shoe option)
Fund Tenor
3.5 years from Final Close
Final Close
March 2023 (Tentative)
Maturity
3.5 years from Final Close
Principal Repayment
Primarily towards end of Fund life
Hurdle (post-expenses, pre-tax)
Returns (pre-tax)
11.20% annualized
Classes available for Investment
Class A
Coupons
Primarily towards end of Fund life
Class A
Senior Tranche (A)
92.5%
Face Value
Return Since Inception
AAA1
AA+2
AA3
AA-4
A+5
A6
A-7
BBB+8
BBB9
BBB-10
Non investment grade11
Moderate*
Class B
Subordinated Tranche (B)
5
Face Value
Return Since Inception
AAA1
AA+2
AA3
AA-4
A+5
A6
A-7
BBB+8
BBB9
BBB-10
Non investment grade11
High*
*The risk score is based on internal or an external Capital protection rating of each Class/tranche of the respective funds. Risk score is illustrative of risk-reward benchmarking across multiple product offerings of VAM. Investors are advised to do their independent diligence before making an investment decision and not merely rely on the risk scores indicated above
Fund Details
Sustainable Development Goals (SDGs) Targeted
End poverty in all it’s form everywhere.
Ensure healthy life and promote well being for all ages.
Ensure gender equality and and empower all women and girls.
Ensure availability and sustainable management of water and sanitation for all.
Ensure access to affordable, reliable, sustainable and modern energy.
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation.
Reduce inequality within and and among countries.
Ensure sustainable consumption and production patterns.
Taking urgent action to combat climate change and its impact.
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