About Company
Mavenark
MavenArk is positioned as a next-generation Indian WealthTech firm that blends seasoned financial expertise with advanced AI capabilities. Operating across wealth management, asset management, investment banking, and financial technology, the company delivers unified financial solutions backed by deep research and sector insight. Its proprietary AI platform, GPlanck, supports data-driven decision-making and modern portfolio design. Founded in 2023 by four industry veterans, MavenArk focuses on empowering high-net-worth clients, enabling capital access for emerging businesses, and strengthening financial inclusion. With a SEBI-registered Category II AIF, the firm continues shaping a tech-forward, impact-oriented wealth ecosystem in India.
Mavenark Credit and Growth Fund Series 1
Fund Snapshot
|
Type |
Category II Alternative Investment Fund |
|
Exposure |
10-12 companies via either debt and/or equity |
|
Fund allocation |
Minimum 51% Performing Credit, and up to 49% in Emerging Equity |
|
Fund term |
6 years (with an option to extend up to 2 years) |
|
Minimum Capital Commitment |
INR 1 Cr |
|
Sectors in focus |
Commercial vehicle and two-wheeler finance Microfinancing Affordable Housing Gold loans Micro Small and Medium Enterprises |
|
Fund Size |
75 Crores + 25 Crores (Green Shoe) |
|
Final Close |
15 Months from the end of the first close |
|
Carried Interest |
10% with full Catch Up | 12% Hurdle Rate |
|
Target IRR |
18% - 22% |
Why choose MCG Fund over others
Regular Income
The fund intends to make a monthly distribution of 0.4% - 0.5% per month (5% - 6% per annum)
Higher Targeted Return
Target XIRR return of 18% - 22% with moderate risk
Expertise
Our CIO, Mr. Phanisekhar Ponangi, has expertise of over 18 years in both equity and credit fund/portfolio management. He has been a pioneer in performing credit space with a solid track record since 2016.
Stellar Track Record
The AUM at the erstwhile firm had peaked at INR 865 Cr and delivered a gross IRR in excess of 12% with no default.
Investment Decisions With Depth
We look beyond headlines. At AltPort, every opportunity undergoes deep research, multi-angle analysis, and real-world validation. If you want decisions rooted in understanding rather than surface-level assumptions, this is your advantage.
Learn about the experienced fund managers responsible for investment decisions, portfolio strategy, and long-term fund performance.
Shantanu Awasthi
Shantanu Awasthi brings over 23 years of experience in international private banking, wealth management, and institutional advisory, having managed extensive portfolios for ultra-high-net-worth clients and global family offices. His expertise lies in bridging the gap between high-level investment strategy and ground-level execution, utilizing a vast investor network to drive the firm’s go-to-market strategies. By combining a product-focused perspective with deep relationship management, he provides a vital pillar for Mavenark's client-centric financial solutions.
Find answers to common questions about fund investments, performance, portfolio strategy, and investor services.
The fund follows a hybrid strategy combining performing credit and emerging equity opportunities, with a minimum 51% allocation toward performing credit and up to 49% toward equity investments.
The strategy focuses on sectors such as commercial vehicle finance, two-wheeler finance, microfinance, affordable housing, gold loans, and MSME financing.
The fund targets an IRR of 18%–22% while aiming to maintain a moderate risk profile through diversified debt and equity exposure.
Yes. The fund intends to distribute approximately 0.4%–0.5% per month, translating to an annual distribution range of around 5%–6%, subject to fund performance.
The fund has a tenure of 6 years with an extension option of up to 2 additional years, and the minimum capital commitment is INR 1 crore.
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Disclaimer: Investing in AIF, PMS, Gift City or Mutual Fund is subject to market risk. Please read the related documents carefully. Past performance does not guarantee future results and there is no assurance that the managed accounts will necessarily achieve their objectives. Actual portfolios may differ as a result of account size, client-imposed investment restrictions, the timing of client investments and market, economic, and individual company factors. We at ALTPORT do not guarantee any returns in the hands of investors, nor do we take any sort of accountability for the performance of the scheme.