- Manager
- Carnelian Asset Management and Advisors
- Service
- Discretionary
- Asset class
- Equity
Carnelian Shift Strategy
+9.35%
1-year return
Benchmark S and P BSE 500 Total Return Index −2.33% · to 30 Sep 2026
Carnelian Asset Management and Advisors’ Carnelian Shift Strategy returned 9.35% over the year to 30 Sep 2026, against −2.33% for its benchmark, the S and P BSE 500 Total Return Index. It managed ₹6,261 crore across its clients.
Key numbers
- AUM
- ₹6,261 Cr
- Benchmark
- S and P BSE 500 Total Return Index
- Turnover, past year
- 0.72×
- Min. investment
- ₹50 lakh (SEBI)
- Reported to SEBI
- 30 Sep 2026
Returns vs benchmark
| Period | This strategy | S and P BSE 500 Total Return Index | Difference |
|---|---|---|---|
| 1 month | −4.40% | −5.57% | +1.17% |
| 3 months | +0.36% | −3.59% | +3.95% |
| 6 months | +27.97% | +8.07% | +19.90% |
| 1 year | +9.35% | −2.33% | +11.68% |
| 2 years | +2.94% | −3.93% | +6.87% |
| 3 years | +17.89% | +9.20% | +8.69% |
| 4 years | +24.84% | +11.22% | +13.62% |
| 5 years | +19.26% | +8.91% | +10.35% |
| Since inception | +30.86% | +16.18% | +14.68% |
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 equity95.23%₹5,963 Cr
- Cash and other4.44%₹278 Cr
- Mutual funds0.33%₹20.46 Cr
Flows and turnover
- Inflow, Sep 2026
- ₹243 Cr
- Outflow, Sep 2026
- ₹32.29 Cr
- Net, Sep 2026
- ₹211 Cr
- Net, FY to date
- ₹776 Cr
- Turnover, month
- 0.04×
- Turnover, past year
- 0.72×
Money clients put in and took out. The financial year runs from 1 April.
FAQs
What has Carnelian Shift Strategy returned?
9.35% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: −4.40%; 3 months: 0.36%; 6 months: 27.97%; 1 year: 9.35%; 2 years: 2.94%; 3 years: 17.89%; 4 years: 24.84%; 5 years: 19.26%; Since inception: 30.86%.
How has it done against its benchmark?
Its benchmark, the S and P BSE 500 Total Return Index, returned −2.33% over the year, so the strategy was 11.68 percentage points ahead.
How much does Carnelian Shift Strategy manage?
₹6,261 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 Shift 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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