Bharat Amritkaal Fund

About Carnelian Asset Management & Advisors

Carnelian Asset Management & Advisors is a founder-owned boutique investment firm built by seasoned market professionals who launched the company in 2019 with a vision to create a world-class asset management platform. They manage around USD 1.3 billion in Indian equities for HNIs, family offices, institutions, and their own partners’ capital. Their offerings span domestic PMS and AIF structures, including offshore options via GIFT IFSC. With a 76-member team across nine locations, they run on a technology-driven, process-strong foundation. Their proprietary investment and forensic-risk framework sets them apart, earning them awards for theme identification and absolute returns in 2021 and 2023.

Carnelian Bharat Amritkaal Fund 2

Fund Snapshot

 

Type

Long-only, flexi-cap, sector-agnostic fund

Theme

Focusing on companies benefitting from megatrends during Amritkaal

Portfolio

~30 stocks portfolio, benchmarked against S&P BSE 500 Index.

Style

Concentrated QGARP (Quality Growth at Reasonable Price) portfolio

Category

Open-ended AIF Category III AIF ; allotment fortnightly

Investment amount

Minimum INR crore

Tranches

Entire lump sum

Subscription /Exit

Fortnightly subscription & exit window; exit load – 2% if redeemed within 12 months

Taxation

At fund level, LTCG –12.5% & STCG – 20%

Onboarding

Seamless digital onboarding & physical onboarding

The Objective

“Amritkaal“ is the PM’s 25-year vision (till 2047) for a “New India @100”, ambition being to make India a Viksit (developed) country, marked by

 

  • World-leading growth in GDP & per-capita income
  • Balanced urban-rural development
  • Developed, advanced & efficient infra
  • Embracing latest advancements in technology
  • Achieve global geopolitical significance (Vishwa Mitra)
  • Climate-sensitive growth, focus on sustainability

 

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Disclaimer: Investing in AIF, PMS, Gift City or Mutual Fund is subject to market risk. Please read the related documents carefully. Past performance does not guarantee future results and there is no assurance that the managed accounts will necessarily achieve their objectives. Actual portfolios may differ as a result of account size, client-imposed investment restrictions, the timing of client investments and market, economic, and individual company factors. We at ALTPORT do not guarantee any returns in the hands of investors, nor do we take any sort of accountability for the performance of the scheme.

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