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.

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Category

CATEGORY II AIF

Type

Close Ended

Status

Approved

Fund Size

500 Cr (Including green-shoe option)

Fund Tenor

3.5 Years

Fund Rating

two lines come here when someone hovers over

-

Final Close

31st March 2023 (Tentative)

Maturity

3.5 years from Final Close

Principal Repayment

Lumpsum at maturity

Returns (pre-tax)

11.5%

Post-tax Returns for Individuals

8.80% annualized

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

Riskometer

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

Riskometer

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

Classes available for Investment

Class A - Senior - 92.5%

Median portfolio rating

BBB-
test

Portfolio concentration

Maximum issuer concentration of 10%

Coupons

At Maturity

Pay-outs made

-

Downgrades

-

Upgrades

-

Hurdle met

-

Fund Managers

Soumendra Ghosh

Chief Investment Officer

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Mohamed Irfan

Fund Manager

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Sustainable Development Goals (SDGs) Targeted

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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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