Home / Business and Economy / JM Financial Launches ₹2000 Cr Credit Fund
JM Financial Launches ₹2000 Cr Credit Fund
25 May
Summary
- JM Financial launched its second credit alternative fund.
- The fund aims to invest in performing credit opportunities.
- India's AIF industry has seen significant growth recently.
JM Financial Asset Management launched its second Credit Alternative Investment Fund, JM Financial Select Credit Fund II (SCF II), on Monday. The fund has a base size of ₹1,000 crore, with an additional greenshoe option of ₹1,000 crore, bringing the total potential corpus to ₹2,000 crore.
SCF II is a Category II Alternative Investment Fund (AIF) focused on performing credit opportunities in companies exhibiting stable cash flows and robust business fundamentals. The fund's strategy is led by Amit Dharod, Managing Director of Alternative Assets, who brings extensive experience from leading financial institutions.
This launch aligns with the significant growth observed in India's AIF industry. As of December 2025, total commitments reached ₹15.74 lakh crore, with Category II AIFs, including private credit strategies, constituting the largest share at ₹11.64 lakh crore.
