Systematix Corporate Services Limited has announced that it will commit up to ₹10 crore as the initial contribution in one or more tranches as a sponsor in the India SME Growth Fund – Series 2, a Category I Alternative Investment Fund (AIF). The company disclosed the development in an exchange filing dated September 22, 2025.
According to the filing, Systematix will act as the sponsor of the scheme, while its wholly-owned subsidiary, Systematix Wealth & Asset Services Private Limited, will serve as the investment manager. The investment falls under related party transactions since the AIF will be considered a related party under SEBI’s Listing Obligations and Disclosure Requirements. However, the company confirmed that the transaction is being carried out on an arm’s length basis, with no promoter interest involved.
The India SME Growth Fund – Series 2 has been approved by SEBI and is structured with a five-year term, extendable by two additional one-year periods. The scheme will focus on supporting SME growth in India, with investors acquiring units at face value.
Systematix emphasized that the move is in line with shareholder approval granted at the October 14, 2024 EGM, where investment in AIFs as a sponsor was cleared under SEBI’s AIF regulations.
