IFC and HDFC AMC Partner to Expand Private Credit Access for India’s Mid-Market Enterprises

International Finance Corporation (IFC) has agreed to invest in HDFC AMC’s Structured Credit Fund-l, a Category II AIF, aiming to improve access to finance for underserved mid-market companies in India. The fund, with a target corpus of INR 1,500 crore, has already raised INR 1,290 crore from institutional investors, family offices, and UHNI investors. IFC will contribute up to INR 220 Crore as the anchor investor. The fund will invest in secured credit instruments in a diversified, sector-agnostic manner, excluding real estate. It has already committed INR 380 crore across three deals in various sectors.