Carnelian MF introduces Small Cap Fund
Carnelian Mutual Fund has launched Carnelian Small Cap Fund, an open-ended equity scheme predominantly investing in small cap stocks. The NFO opens for subscription on October 16, 2026 and closes on October 30, 2026. The Entry Load is not applicable for the scheme. The Exit Load will be 1% - If redeemed on or before 365 days from the date of allotment and Nil - If redeemed after 365 days from the date of allotment. The minimum subscription amount is Rs Rs.500/- and in multiples of Re.1 thereafter.
The performance of the Scheme will be benchmarked against NIFTY SmallCap 250 TRI and its fund managers are Deepak Malik and Viraj Parekh.
The investment objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related securities of Small Cap companies.
