Credent Asset Management and Group Frameworks have formally transitioned to AMPL Capital.

Alternative Investment Funds

Invicto — regulated capital, asymmetric conviction.

Two SEBI-registered Alternative Investment Funds spanning close-ended growth capital (CAT II) and open-ended long-only public equity (CAT III), managed by Credent Asset Management.

CAT II

Invicto Multiplier Fund

Invicto Multiplier Fund aims to amplify — or multiply — the returns on the initial investment. The 'multiplier' construct signals a strategy engineered to generate returns above the underlying assets or the broader market. The fund is designed for experienced, sophisticated investors comfortable with elevated risk in pursuit of asymmetric outcomes.

Architecture

Growth Opportunities · Close-Ended Scheme. Capital deployed in staggered tranches into listed and unlisted SMEs targeting long-term appreciation.

Deployment Envelope
  • Up to 100% in unlisted equities
  • Maximum 49% in listed equities
  • Multi-stage capital calls aligned with opportunity flow
Summary of Terms

Commercial framework.

Fund Type
Unlisted / Listed Equities
Sponsor / Manager
Credent Asset Management
Sponsor Commitment
Rs. 5 Cr or 2.5%
Nature
Close Ended
Minimum Investment
Rs. 1 Crore
Lock-in
3 Years
Economics
2% Management Fee + 20% Carry
Hurdle Rate
10% p.a.
Fund Administrator
CAMS
Legal Counsel
IC Universal Legal
— Category III —
CAT III

Invicto Incrementum Fund

An open-ended, long-only public equity scheme focused on mid-cap and small-cap names that remain under-researched by the broader market. Alpha is sourced from steady management pedigree, clean accounting, and zero structural leverage.

Strategy

How our strategy works — a 7-step framework.

  1. 01

    Create trackable universe

  2. 02

    Follow investment checklist

  3. 03

    Monitor growth drivers

  4. 04

    Check for sustainable competitive advantage

  5. 05

    Correlate cash flows with reported profit

  6. 06

    Create composite list

  7. 07

    Construct portfolio when valuations provide margin of safety

Fund Framework

Structural design.

Objective
Manage Growth Capital
Type
Long Only
Structure
Sector-agnostic multi-cap · 15–20 companies
Sponsors
Madhusudan Sarda, Naysar Shah & CAMS
Sponsor Commitment
Up to 10%
Nature
Open Ended
Minimum Investment
Rs. 1 Crore
Setup Cost
Up to 2%
Economics
0.25% Management Fee + 15% Carry at 0% Hurdle

Speak to our AIF coverage desk.

Detailed placement memoranda and scheme documents are shared with sophisticated investors under NDA.

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