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Carnelian Small Cap Fund NFO

3 days left   Carnelian Mutual Fund · Equity · Small Cap

Carnelian Small Cap Fund is a new scheme from Carnelian Mutual Fund, in the Equity · Small Cap category. Its new fund offer runs from 16 Oct 2026 to 30 Oct 2026. The minimum investment is ₹500. Units are offered at ₹10 each during the offer.

The offer, as AMFI records it

Fund houseCarnelian Mutual Fund
CategoryEquity · Small Cap
Scheme typeOpen Ended
NFO opens16 Oct 2026
NFO closes30 Oct 2026
Offer price₹10 per unit
Minimum investmentRs.500/- and in multiples of Re.1 thereafter
Scheme information document (AMFI) ↗

Investment objective

The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related securities of Small Cap companies. There is no assurance that the investment objective of the Scheme will be achieved.

Quoted from the scheme's own document. An objective is what the scheme intends to do, not what it will achieve.

Reading a new fund offer

A new scheme is sold at a fixed price during its offer — here ₹10 a unit — and at its daily NAV afterwards. That fixed price is not a discount: it buys a proportionally smaller share of the same portfolio. What a new scheme genuinely lacks is a record of its own, so there is no return, no drawdown and no expense history to read yet; the objective above and the scheme information document are what exist.

Once this scheme is running you will find its NAV and performance in the Fund Explorer, and you can replay a hypothetical SIP in it with What your SIP actually did.

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