Carnelian Small Cap Fund Direct Growth

Carnelian Small Cap Fund Direct Growth
Very High Risk
Launch date16 Oct 2026
Allotment date05 Nov 2026
End date30 Oct 2026
NAV₹10.00
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Exit load
16 Oct 2026
Exit load of 1%, if redeemed within 365 days.
Expense ratio, exit load and taxExpense ratio: --Inclusive of GST
Exit loadExit load of 1%, if redeemed within 365 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implication--
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementViraj Parekh
Oct 2026 - Present
View details
Education
Integrated Professional Competence Course (IPCC) from the Institute of Chartered Accountants of India and B.Com from Narsee Monjee College.
Experience
Prior to joining the Carnelian AMC, Viraj was a Research Analyst at Carnelian Asset Management & Advisors Private Limited.
Also manages these schemes
Carnelian Liquid Fund Direct Growth
Carnelian Small Cap Fund Direct Growth
Deepak Malik
Oct 2026 - Present
View details
Education
CFA, USA; International Business Program, IIM Calcutta; MBA (Marketing and Finance); B.SC
Experience
Prior to joining the Carnelian AMC, he was associated with Carnelian Asset Management and Advisors Pvt. Ltd, Faering Capital Pvt. Ltd, Edelweiss Securities Ltd and Axis Mutual Fund.
Also manages these schemes
Carnelian Liquid Fund Direct Growth
Carnelian Small Cap Fund Direct Growth
Fund house & investment objective
Carnelian Mutual Fund
Rank (total assets)--
Total AUM--
Date of Incorporation20 Jul 2026
    Carnelian Small Cap Fund Direct Growth is a -- Mutual Fund Scheme launched by Carnelian Mutual Fund.     This scheme was made available to investors on 20 Jul 2026.     Deepak Malik is the Current Fund Manager of Carnelian Small Cap Fund Direct Growth fund.     The fund currently has an Asset Under Management(AUM) of NA Cr and     the Latest NAV as of 16 Oct 2026 is ₹10.00.  

    The Carnelian Small Cap Fund Direct Growth is rated Very High risk.     Minimum SIP Investment is set to ₹500.     Minimum Lumpsum Investment is ₹500.     Exit load of 1%, if redeemed within 365 days.
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Investment ObjectiveThe scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related securities of Small Cap companies. 
 
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Fund benchmarkNIFTY Smallcap 250 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
1211/1212, One Lodha Place, Senapati Bapat Marg,Lower Parel (West), Mumbai, Maharashtra.  Mumbai 400013
Phone
022-6575 2000
Launch Date
20 Jul 2026
E-mail
--
Website
www.carnelianmf.com
Peer ComparisonFund nameRating1Y3YFund Size(Cr)
Nippon India Small Cap Fund Direct Growth
4
7.1%13.8%80,905.55
Franklin India Mid Cap Fund Direct Growth
2
-2.3%13.7%12,155.57
Franklin India Small Cap Fund Direct Growth
3
3.8%10.9%14,256.56
HDFC Small Cap Fund Direct Growth
3
-3.7%9.2%40,800.81
Franklin India Technology Fund Direct Growth
5
-9.4%8.7%1,623.24

Rank (total assets)	--
Total AUM	--

Date of Incorporation	20 Jul 2026

Fund benchmark	NIFTY Smallcap 250 Total Return Index

Fund name	Rating	1Y	3Y	Fund Size(Cr)
Nippon India Small Cap Fund Direct Growth	4	7.1%	13.8%	80,905.55
Franklin India Mid Cap Fund Direct Growth	2	-2.3%	13.7%	12,155.57
Franklin India Small Cap Fund Direct Growth	3	3.8%	10.9%	14,256.56
HDFC Small Cap Fund Direct Growth	3	-3.7%	9.2%	40,800.81
Franklin India Technology Fund Direct Growth	5	-9.4%	8.7%	1,623.24