Structured private credit fund research profile
UTI Structured Debt Opportunities Fund III is a current UTI Alternatives structured-credit vehicle for bespoke, monitored mid-market financings. UTI AMC’s statutory disclosures provide unusually clear fund-level deployment, exit and gross-IRR data; borrower-level disclosure remains partial, so only two publicly attributable names are shown.
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
UTI Structured Debt Opportunities Fund III uses a structured private credit; mid-market and bespoke financings approach across Mid-market companies, structured debt, asset-backed lending.
Current evidence
UTI AMC’s FY2025–26 statutory report states that SDOF III had reached final close in October 2024, invested in 38 securities, exited 13 investments and reported a 17.6% gross IRR as of March 2026.
Strategy
Structured private credit; mid-market and bespoke financings
Sector focus
Mid-market companies, structured debt, asset-backed lending
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
UTI AMC’s FY2025–26 statutory report states that SDOF III had reached final close in October 2024, invested in 38 securities, exited 13 investments and reported a 17.6% gross IRR as of March 2026.
Investor questions
UTI Structured Debt Opportunities Fund III is covered in Rupeia's private credit research universe. The current public record describes the strategy as Structured private credit; mid-market and bespoke financings, with a sector focus of Mid-market companies, structured debt, asset-backed lending. 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 UTI Structured Debt Opportunities Fund III in the reviewed public sources: Lumbini Education Private Limited; Jai Prakash Holding Limited. It does not represent a complete current portfolio unless the manager has published one.
UTI AMC reported 38 securities, 13 exits, ₹9,441 million invested and a 17.6% gross IRR as of March 2026. These are gross vehicle-level figures from the manager’s statutory report, not net investor returns. These signals are not a substitute for fund- and vintage-specific net performance, realised distributions and audited or administrator-supported reporting.
Public fund size: Final close and current deployment are disclosed by UTI AMC; the March 2026 report states ₹9,441 million invested. The fund’s current commitment/corpus is not restated as a separate headline amount in that report.. Public terms or access information: Category II AIF structured credit with a reported first close in September 2022, final close in October 2024, active deployment and recycling. Fees, carry, tenor and security-by-security terms are not publicly disclosed.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Rohit Gulati (Whole-time Director & CEO, UTI Alternatives); Vinay Lakhotia (investment leadership, UTI Alternatives); UTI Alternatives investment team. 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: UTI’s public filings disclose portfolio counts and performance but not a complete borrower schedule. Lumbini Education and Jai Prakash Holding are attributable to SDOF III in public company records, although both financings also name other UTI funds; those co-investments are not presented as exclusive SDOF III positions..
2026-06-24: UTI AMC’s FY2025–26 statutory report states that SDOF III had reached final close in October 2024, invested in 38 securities, exited 13 investments and reported a 17.6% gross IRR as of March 2026.
Next step
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