Performing private credit fund research profile
A K Securitization & Credit Opportunities Fund II is a fixed-income Category II AIF managed by A. K. Alternative Asset Managers. The fund targets diversified, secured growth debt for operating mid-sized companies and reports 18 investments, monthly distributions and a ₹318.35 crore corpus. Public issuer records identify IKF Infratech and Star Housing Finance as attributable exposures.
At a glance
Research profile
Open a section to inspect the evidence. The first view starts with the investment point of view; the rest stays quiet until you need it.
Investment lens
A K Securitization & Credit Opportunities Fund II uses a performing private credit; securitised debt and growth capital approach across MSME and vehicle finance, fintech, mortgage.
Current evidence
The A.K. manager’s current website reports ₹318.35 crore corpus for Fund II, while 2025–2026 term-sheet and annual-report records continue to identify the fund in borrower and lender disclosures.
Strategy
Performing private credit; securitised debt and growth capital
Sector focus
MSME and vehicle finance, fintech, mortgage
AIF structure context
Indian private credit, venture-debt and special-situations funds are commonly structured as Category II AIFs. Verify the specific vehicle and registration before investing.
Current signal
The A.K. manager’s current website reports ₹318.35 crore corpus for Fund II, while 2025–2026 term-sheet and annual-report records continue to identify the fund in borrower and lender disclosures.
Investor questions
A K Securitization & Credit Opportunities Fund II is covered in Rupeia's private credit research universe. The current public record describes the strategy as Performing private credit; securitised debt and growth capital, with a sector focus of MSME and vehicle finance, fintech, mortgage. The profile should be read with the linked source trail and Typical route: Category II AIF context.
The profile displays only company or asset names attributable to A K Securitization & Credit Opportunities Fund II in the reviewed public sources: IKF Infratech Private Limited; Star Housing Finance Limited. It does not represent a complete current portfolio unless the manager has published one.
The public fund profile reports monthly income distributions from February 2024, full deployment of allotted commitments across 18 investee companies within 14 months of first close, and six rating upgrades or outlook improvements. These are manager/distributor-reported signals, not audited net-return data. These signals are not a substitute for fund- and vintage-specific net performance, realised distributions and audited or administrator-supported reporting.
Public fund size: ₹318.35 crore corpus reported by the manager; earlier materials targeted ₹400 crore including greenshoe.. Public terms or access information: Four-year fund tenure in the published profile; management fee up to 1.50% p.a., no carried interest, and expected XIRR around 14.4% before tax and expenses. Investors should confirm current terms in the PPM.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Vikas Jain (Fund Manager); Atul Kumar Mittal (Founder, MD & CEO, A.K. Capital Group). Verify current roles, departures, attribution and key-person provisions before relying on the team history for a new commitment.
Review borrower concentration, security and seniority, cash versus accrued income, defaults, recoveries, fund leverage and liquidity. The current open diligence point is: The complete 18-company borrower schedule, current NAV, fees, carry, audited net returns and full security package are not publicly disclosed. IKF Infratech and Star Housing Finance are retained because public issuer and term-sheet records identify the Fund II vehicle directly; the manager’s generic model portfolio is not presented as a named portfolio..
2026-05-25: The A.K. manager’s current website reports ₹318.35 crore corpus for Fund II, while 2025–2026 term-sheet and annual-report records continue to identify the fund in borrower and lender disclosures.
Next step
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