Carnelian Bharat Amritkaal Fund AIF: Returns, Portfolio & Fees

AIF · Equity · CAT III - LONG ONLY - MULTI CAP & FLEXI CAP

Carnelian Bharat Amritkaal Fund

IRRSince inception10.68%

1Y return8.27%

Minimum investment₹1 Crore

Fund age2 yrs 3 mo

Fund Manager

Manoj Bahety (CA, CFA)

Fund Manager, Carnelian

With ~27 years of financial services experience, Manoj Bahety currently serves as the fund manager of Carnelian Asset Management & Advisors. He is a distinguished financial professional known for his innovative approach to forensic research and portfolio management.Before co-founding Carnelian along with Vikas in 2019, Manoj held key roles at Edelweiss Securities, including Deputy Head of Institutional Equity Research, Head of Forensic Research, and Head of Thematic & Mid Cap Research. He is enowned for his non-onsensus research approach and pioneering differentiated forensic research, famously known as"Analysis Beyond Consensus" (ABC Research).ABC Research has been instrumental in aiding global investors to make informed investment decisions based on accurate data rather than reported figures, thereby helping them "avoid pitfalls"—a core virtue of Carnelian In addition to his professional accomplishments, Manoj has actively contributed to the CFA Institute, serving on several committees, including as Chairperson of the India Advocacy Committee and as a member of the Global Capital Markets Policy Council (CDPC) based in the USA.

Managing AUM₹15,194 Cr

Growth of₹Cr

Carnelian Bharat Amritkaal

Returns: How it has done

Scheme / Benchmark	YTD	1Y	2Y	3Y	5Y	Since inception
Carnelian Bharat Amritkaal	3.67%	8.27%	5.26%	—	—	10.68%
Nifty 500	−1.07%	1.95%	−0.66%	—	—	5.14%
Excess over benchmark	4.74%	6.32%	5.92%	—	—	5.54%

Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 31 Jul 2026.

Risk : What you take on to earn the return

Volatility

18.85%

Benchmark approx 16.01%

A standard deviation reflecting historical swings.

Sensitivity

1.04

Beta vs benchmark 1.00 · 4% more reactive

How strongly the scheme moves with the index.

Risk-reward

0.21

Sharpe

Excess return gained per unit of volatility.

How far below its previous high it fell

Over the trailing 1Y window the scheme fell −15.53%, and recovered on 30 Jun 2026.

Max drawdowns

−15.53%

Scheme Drawdown Trajectory

Drawdown analysis	Peak	Trough	Depth	Fell over	Recovered	Recovery took
Scheme	–	–	−15.53%	–	30 Jun 2026	–
Benchmark	31 Jul 2025	30 Mar 2026	−14.69%	242 days	–	–

Scheme

Peak–

Trough–

Depth−15.53%

Fell over–

Recovered30 Jun 2026

Recovery took–

Benchmark

Peak31 Jul 2025

Trough30 Mar 2026

Depth−14.69%

Fell over242 days

Recovered–

Recovery took–

The benchmark's peak, trough and recovery are read off its month-end curve; the scheme's row is measured on daily NAV. · Risk and drawdown use a trailing 1Y window · As on 31 Jul 2026

Portfolio Details : Where the money actually sits

Avg market cap

₹1.72 L Cr

Asset class

Equity

Market cap

Large cap28.26%

Mid cap39.17%

Small cap32.03%

Cash & others0.54%

As on 31 Jul 2026

Fees

A fixed plan is cheaper when returns are strong. A performance plan costs less in lean years and shares the upside only when the fund beats a hurdle. Both cost the same at a 11.33% gross return.

FixedPlan A · Simple

Fixed Management Fee2.25% / yr

Performance FeeNone

Hurdle RateNot applicable

VariablePlan B · Shared upside

Fixed Management Fee1.75% / yr

Performance Fee15% of profit

Hurdle RateAbove 8%

Exit load 2.00% within 1 year, nil after 2 years. Lock-in: Nil.

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