- Manager
- Carnelian Asset Management and Advisors
- Service
- Discretionary
- Asset class
- Debt
Carnelian Liquid Strategy
+4.35%
1-year return
Benchmark CRISIL Composite Bond Fund Index +3.81% · to 30 Sep 2026
Carnelian Asset Management and Advisors’ Carnelian Liquid Strategy returned 4.35% over the year to 30 Sep 2026, against 3.81% for its benchmark, the CRISIL Composite Bond Fund Index. It managed ₹205 crore across its clients.
Key numbers
- AUM
- ₹205 Cr
- Benchmark
- CRISIL Composite Bond Fund Index
- Turnover, past year
- 6.33×
- Min. investment
- ₹50 lakh (SEBI)
- Reported to SEBI
- 30 Sep 2026
Returns vs benchmark
| Period | This strategy | CRISIL Composite Bond Fund Index | Difference |
|---|---|---|---|
| 1 month | +0.31% | −0.42% | +0.73% |
| 3 months | +1.00% | −0.40% | +1.40% |
| 6 months | +2.04% | +3.10% | −1.06% |
| 1 year | +4.35% | +3.81% | +0.54% |
| 2 years | +4.80% | +5.33% | −0.53% |
| 3 years | +5.15% | +6.62% | −1.47% |
| 4 years | +5.42% | +6.90% | −1.48% |
| 5 years | +5.10% | +5.70% | −0.60% |
| Since inception | +4.68% | +5.81% | −1.13% |
Time-weighted returns (TWRR) as the managers report them to SEBI, after fees and expenses; periods over a year are annualised. Reported for 30 Sep 2026.
Portfolio mix
- Listed equity89.86%₹184 Cr
- Cash and other10.14%₹20.79 Cr
Flows and turnover
- Inflow, Sep 2026
- ₹147 Cr
- Outflow, Sep 2026
- ₹91.14 Cr
- Net, Sep 2026
- ₹56.11 Cr
- Net, FY to date
- ₹85.19 Cr
- Turnover, month
- 0.71×
- Turnover, past year
- 6.33×
Money clients put in and took out. The financial year runs from 1 April.
FAQs
What has Carnelian Liquid Strategy returned?
4.35% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: 0.31%; 3 months: 1.00%; 6 months: 2.04%; 1 year: 4.35%; 2 years: 4.80%; 3 years: 5.15%; 4 years: 5.42%; 5 years: 5.10%; Since inception: 4.68%.
How has it done against its benchmark?
Its benchmark, the CRISIL Composite Bond Fund Index, returned 3.81% over the year, so the strategy was 0.54 percentage points ahead.
How much does Carnelian Liquid Strategy manage?
₹205 crore at 30 Sep 2026, as reported to SEBI.
What is the minimum investment in a PMS?
SEBI sets the minimum at ₹50 lakh per client, in cash or securities. A manager can ask for more.
Who manages Carnelian Liquid Strategy?
Carnelian Asset Management and Advisors, a SEBI-registered portfolio manager (INP000006387), runs it as a discretionary service.
How are PMS returns reported?
Portfolio managers report each strategy’s time-weighted return (TWRR) to SEBI every month, after fees and expenses, beside the benchmark they chose. Periods over a year are annualised.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. PMS investments carry higher minimums and risks; read the disclosure document.
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