
Category III
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 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