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

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