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Carnelian Bharat Amritkaal Fund

Category III

Overview

The Carnelian Bharat Amritkaal Fund is an open-ended, long-only Category III Alternative Investment Fund (AIF) managed by Carnelian Asset Management & Advisors, designed to capitalize on India's structural transition toward a Viksit Bharat (Developed India). Utilizing a disciplined QGARP (Quality Growth at a Reasonable Price) framework, the fund builds a concentrated, flexi-cap portfolio of 25 to 30 high-conviction listed equities positioned across multi-decade growth engines like manufacturing, financial services, infrastructure, technology exports, and premium consumption. Benchmarked against the BSE 500, it features unique fortnightly liquidity windows paired with a protective 2% exit load for redemptions under 12 months, offering sophisticated investors a highly institutionalized, dynamic vehicle to capture long-term compounding across market cycles.

Fund Structure Details

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

05-04-2024

First Close Date

-

Last Close Date

-

Last Updated Factsheet

11-06-2026

Ticket Size (₹in cr.)

₹5

Open And Close Ended Fund

Open-Ended

Tenure

-

6 Month Return

0%

1 Year Return

6.4%

3 Year Return

0%

5 Year Return

0%

Since Inception Return

0%

Extension Period

-

Lock-in Period

-

Residual Tenure

-

Open For Investments

Yes