Ascertis Credit Select Short Term Income Fund I
Ascertis Credit Select Short Term Income Fund I is a dedicated shorter-duration performing-credit vehicle launched by Ascertis Credit, formerly BPEA Credit. The manager reported a ₹1,000 crore final close in January 2025, and public company/regulatory records identify Hella Infra Market and Muthoot Fincorp as vehicle-linked borrowers or issuers. It is separated from Ascertis’ broader India Credit Fund series.
At a glance
- Founded
- 2024
- Footprint
- Mumbai / Delhi
- Stage
- Short-duration performing private credit; senior secured and bespoke growth capital
Research profile
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Investment lens
Ascertis Credit Select Short Term Income Fund I uses a short-duration performing private credit; senior secured and bespoke growth capital approach across Financial services, construction materials, industrials, healthcare.
Current evidence
Hella Infra Market’s February 2026 debt placement identified Ascertis Credit Select Short Term Income Fund I as a subscriber to 15,000 NCDs, while Muthoot Fincorp’s 2026 tranche prospectus identifies the fund as an investor in its March 2025 CCCPS subscription. Ascertis’ current 2026 event update confirms continued India-focused performing-credit activity.
Strategy
Short-duration performing private credit; senior secured and bespoke growth capital
Sector focus
Financial services, construction materials, industrials, healthcare
Current signal
Hella Infra Market’s February 2026 debt placement identified Ascertis Credit Select Short Term Income Fund I as a subscriber to 15,000 NCDs, while Muthoot Fincorp’s 2026 tranche prospectus identifies the fund as an investor in its March 2025 CCCPS subscription. Ascertis’ current 2026 event update confirms continued India-focused performing-credit activity.
Next step
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