Carnelian Asset Advisors, an investment management firm was founded by Vikas Khemani, Manoj Bahety, and Swati Khemani to pursue their passion towards investing in capital markets. Carnelian’s mission is to help clients create and protect their wealth in the best optimal manner through investing in equities. Carnelian aspires to create a global scale asset management platform known for its expertise, guided by its strong values.

carnelian-bharat-amritkaal-fund

Investing ahead of India's structural shifts.

Carnelian Bharat Amritkal II is Carnelian Asset Management's Multi/Flexicap AIF strategy from a boutique investment firm focused on Indian equities. The strategy identifies long term structural themes shaping the economy, narrowing the universe to businesses positioned to benefit before the market fully recognises their potential, evaluated through two frameworks, QGARP, which assesses quality, growth and price, and CLEAR, which checks cash flow, liabilities, earnings quality, asset quality and related party transactions.

Starts by identifying structural mega trends across the Indian economy, spanning sectors, and only then narrows within those themes to specific businesses, rather than screening stocks first and fitting a theme afterward.

Themes first, stocks second

Every idea passes through the CLEAR framework, cash flow, liabilities, earnings quality, asset quality and related party transactions, to rule out governance and accounting concerns before QGARP is even applied.

CLEAR: five checks before conviction

Positioned as a structural growth allocation rather than a cyclical market call, meant to be read separately from shorter term, sentiment driven bets.

Carnelian Asset Management & Advisors Private Limited-AIF

Funds of Carnelian Asset Management & Advisors Private Limited-AIF

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