
Category III
The Carnelian Bharat Amritkaal Fund - 2 (CBAF-2) is a long-only, flexi-cap Category III Alternative Investment Fund (AIF) managed by Carnelian Asset Management & Advisors, engineered to capitalize on India's multi-decade trajectory toward becoming a developed economy. Unlike its predecessor which utilizes a multi-tranche drawdown model, Series 2 is structured for immediate, 100% lump-sum capital deployment with an accessible entry threshold of ₹1 Crore. Applying Carnelian's proprietary QGARP (Quality Growth at a Reasonable Price) philosophy and "CLEAR" forensic framework, the fund constructs a high-conviction portfolio of approximately 30 listed equities strategically concentrated across five core macroeconomic pillars: manufacturing, BFSI, infrastructure, services export, and premium consumption. Benchmarked against the BSE 500, it provides sophisticated high-net-worth investors a streamlined, institutional-grade vehicle designed to compound capital alongside India's structural economic expansion.
Fund Type
Category III
Category Type
Long Only Equity Funds (100%)
Investment Focus
Long Only
Fund Currency
INR
AUM (₹in cr.)
-
Sponsor Commitment (₹in cr.)
-
Registration Number
IN/AIF3/18-19/0642
Fund Inception Date
15-04-2025
First Close Date
-
Last Close Date
-
Last Updated Factsheet
11-06-2026
Ticket Size (₹in cr.)
₹1
Open And Close Ended Fund
Open-Ended
Tenure
-
6 Month Return
0%
1 Year Return
3%
3 Year Return
0%
5 Year Return
0%
Since Inception Return
0%
Extension Period
-
Lock-in Period
-
Residual Tenure
-
Open For Investments
Yes