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Carnelian Liquid Fund NFO

Growth

DebtLiquid Fund
Moderately Low RiskPrincipal investment will be at moderately low risk

Carnelian Liquid Fund Key Offer Details

Opening date
12 Oct 2026
Closing date
14 Oct 2026
Scheme type
Open-Ended
NAV
₹1,000
Min. invst.
₹500
Min. SIP
₹500

About Carnelian Liquid Fund

Liquid funds are the debt funds. They invest majorly in fixed-income intruments with a maturity of up to 91 days. The investor can get their redeemed amounts within 24 hours. These funds have low interest-rate risk as compared to other debt funds.

Carnelian Liquid Fund Scheme Info

Plan
Direct
Lock in
None
Exit Load
0.01%
0.007% for Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5, 0.0045% on Day 6, NIL on or after 7D
Base Exp. Ratio
0%
Benchmark
Nifty Liquid Fund Index

Carnelian Liquid Fund Scheme Objective

The Scheme seeks to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in debt and money market instruments with the maturity of upto 91 days.There is no assurance that the investment objective of the Scheme will be achieved.

AMC Profile of Carnelian Liquid Fund

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Total AUM
—
No. of schemes
1

Carnelian Liquid Fund Manager Profile

Carnelian Liquid Fund Peers

SBI Liquid Fund(W-IDCW Payout)

IDCW

Base Exp. Ratio
0.17%
NAV
₹1,386.01
1Y Return
0.02%

HDFC Liquid Fund(M-IDCW)

IDCW

Base Exp. Ratio
0.17%
NAV
₹1,030.28
1Y Return
0.03%

Aditya Birla SL Liquid Fund(W-IDCW Reinv)

IDCW

Base Exp. Ratio
0.18%
NAV
₹100.27
1Y Return
0.02%

ICICI Pru Liquid Fund(IDCW-Payout)

IDCW

Base Exp. Ratio
0.17%
NAV
₹196.17
1Y Return
6.42%

Axis Liquid Fund(W-IDCW)

IDCW

Base Exp. Ratio
0.11%
NAV
₹1,002.61
1Y Return
0.03%

Carnelian Liquid Fund Peers & Comparison

Comparing 4 mutual funds from 
DebtLiquid Fund

Returns

Scheme

Ratios

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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
SBI Liquid Fund(W-IDCW Payout)0.02%3.48%1.95%
HDFC Liquid Fund(M-IDCW)-0.03%-0.06%-0.03%
Aditya Birla SL Liquid Fund(W-IDCW Reinv)0.02%-0.02%-0.00%
ICICI Pru Liquid Fund(IDCW-Payout)6.42%6.89%5.31%

Frequently asked questions

  1. Carnelian Liquid Fund is an open-ended Liquid Fund scheme launched by Carnelian Investment Managers Pvt. Ltd., investing primarily in Debt. It is benchmarked against Nifty Liquid Fund Index and offered in Direct and Regular plans with Growth and IDCW options.

  2. The NFO of Carnelian Liquid Fund opens for subscription on 11 Oct 2026.

  3. The NFO of Carnelian Liquid Fund closes for subscription on 14 Oct 2026. Applications must be submitted before this date for allotment at the NFO offer price.

  4. The minimum lumpsum investment in Carnelian Liquid Fund is ₹500.

  5. The minimum SIP amount for Carnelian Liquid Fund is ₹500 per SIP installment.

  1. Carnelian Liquid Fund is managed by Deepak Malik, Viraj Parekh, who has 25 years of fund management experience and also manages N/A at Carnelian Investment Managers Pvt. Ltd..

  2. Carnelian Liquid Fund is a new scheme with no performance track record yet, so it should be evaluated on Deepak Malik, Viraj Parekh's experience, Carnelian Investment Managers Pvt. Ltd.'s record on similar schemes, the fund's Debt strategy, and fit with an investor's existing portfolio — not past returns.

  3. Carnelian Liquid Fund is categorized as a Liquid Fund scheme under SEBI's mutual fund classification — investing at least 35% each in large-cap and mid-cap stocks (for Large & Mid Cap funds).

  4. Carnelian Liquid Fund has no lock-in period and an exit load of 0.007% if redeemed within 1 day of investment.