Sundaram Alternates raised ₹1,000 crore for India’s first ESG-focused real estate credit fund, targeting ₹1,500–2,000 crore by March 2026.

Sundaram Alternates, the alternative investment arm of Sundaram Finance Group, has secured ₹1,000 crore in commitments for its SA Real Estate Credit Fund V, India’s first ESG-aligned real estate credit fund, within three months of its October 2025 launch. The fund, targeting a final close of ₹1,500–2,000 crore by March 2026, focuses on senior secured, amortising loans to brownfield residential projects and has attracted investors including insurance firms, family offices, corporate treasuries, and ultra-high-net-worth individuals, along with a sponsor commitment. The firm has raised over ₹3,800 crore across five real estate credit funds since 2017, maintaining a zero capital loss record and delivering 18–19% internal rates of return.