Carnelian Small Cap Fund

In its NFO until Friday 30 Oct. Its NAV, assets and managers’ record start after allotment. See the NFO’s facts. This page is not indexed until allotment.

Regular plan – Growth

Other options

The page shows the Growth option. The Regular plan’s other options have their own codes.

Option	AMFI code	ISIN
Growth (this page)	154785	INF30CN01129
IDCW	154786	INF30CN01137, INF30CN01145

Small Cap Fund Carnelian Mutual Fund

Open-ended.

BenchmarkBenchmark The market index the fund house names in the SID as the measure the scheme is compared against.: NIFTY Smallcap 250 Total Return Index; as the SID names it

Read SID/KIM on AMC site

The SID and KIM are the final reference for every fact on this page.

Find a mutual fund distributor

Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission

The fund house also offers a Direct plan of this scheme, whose expenses are lower to the extent of the distribution commission.

Benchmark: the SID.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

3 changes in the last 12 months: Deepak Malik became a fund manager, 16 Oct 2026; Viraj Parekh became a fund manager, 16 Oct 2026; NFO opened, 16 Oct 2026. See what changed

What it is

SEBI’s rule for a Small Cap Fund: at least 65% in shares of small-cap companies. Source: SEBI

What the SID allows it to holdSID Scheme information document: the scheme’s offer document, which sets out its objective, asset allocation, risks and expenses.

Equityallowed 65% to 100%

Debtallowed 0% to 35%

Money marketallowed 0% to 35%

Commoditiesallowed 0% to 35%

Source: the SID’s asset allocation, from fund house disclosures.

Riskometer

Riskometer not available in Felix’s data. The fund house’s riskometer disclosures

Who runs it

Deepak Maliksince 16 Oct 2026
Fund manager
under a month
Viraj Parekhsince 16 Oct 2026
Fund manager
under a month

Bars on one scale, from the scheme’s launch. Other schemes A to Z. Source: fund house disclosures, as of 28 Oct 2026.

Codes and identity

from the SID and AMFI

Fund house: Carnelian Mutual Fund
SEBI category: Small Cap Fund
Plan and option: Regular plan – Growth
Structure: Open-ended
AMFI code, Growth: 154785
ISIN, Growth: INF30CN01129
Registrar: CAMS
Fund house website: carnelianmf.com ↗

Carnelian Mutual Fund

Carnelian Mutual Fund runs 1 scheme in their Regular plan: 1 equity.

2 fund managers, in their current schemes for 0 months on average.

No schemes launched in the last 12 months.

Source: fund houses’ disclosures, as of 28 Oct 2026.

Buying and selling

Purchase: In its NFO, until 30 Oct 2026
Entry load: Nil, since 1 Aug 2009
Stamp duty: 0.005% of the amount invested, since 1 Jul 2020
Applicable NAV: That business day’s, when the application and the money reach the fund house by the 3 pm cut-off; after it, the next business day’s
Redemption money: Within 3 working days of the redemption request

Sources: SEBI for the entry load, cut-off and redemption timeline; Ministry of Finance for stamp duty.

The category: Small Cap Fund

All 37 schemes

37 schemes in their Regular plan, from 37 fund houses.

Schemes 4 to 13 of 37, A to Z; this scheme is marked.Schemes 7 to 11 of 37, A to Z; this scheme is marked.

Schemes in this category, A to Z
Scheme	Benchmark	Assets, ₹ cr (30 Sep 2026)	SIP from, ₹	Launched
Bajaj Finserv Small Cap Fund	BSE 250 SmallCap Total Return Index	2,762	Not reported	2025
Bandhan Small Cap Fund	BSE 250 SmallCap Total Return Index	35,856	100	2020
Bank of India Small Cap Fund	NIFTY Smallcap 250 Total Return Index	3,671	1,000	2018
Baroda BNP Paribas Small Cap Fund	NIFTY Smallcap 250 Total Return Index	1,277	500	2023
Canara Robeco Small Cap Fund	NIFTY Smallcap 250 Total Return Index	13,972	1,000	2019
Carnelian Small Cap FundIn its NFO	NIFTY Smallcap 250 Total Return Index	Not reported	Not reported	Not reported
DSP Small Cap Fund	BSE 250 SmallCap Total Return Index	21,467	100	2007
Edelweiss Small Cap Fund	NIFTY Smallcap 250 Total Return Index	7,000	100	2019
Franklin India Small Cap Fund	NIFTY Smallcap 250 Total Return Index	14,257	500	2006
Groww Small Cap Fund	NIFTY Smallcap 250 Total Return Index	966	Not reported	2026

Schemes in this category, A to Z
Scheme	Benchmark	Assets, ₹ cr (30 Sep 2026)	SIP from, ₹	Launched
Baroda BNP Paribas Small Cap Fund	NIFTY Smallcap 250 Total Return Index	1,277	500	2023
Canara Robeco Small Cap Fund	NIFTY Smallcap 250 Total Return Index	13,972	1,000	2019
Carnelian Small Cap FundIn its NFO	NIFTY Smallcap 250 Total Return Index	Not reported	Not reported	Not reported
DSP Small Cap Fund	BSE 250 SmallCap Total Return Index	21,467	100	2007
Edelweiss Small Cap Fund	NIFTY Smallcap 250 Total Return Index	7,000	100	2019

Show all 37 schemes

Schemes in this category, A to Z
Scheme	Benchmark	Assets, ₹ cr (30 Sep 2026)	SIP from, ₹	Launched
Abakkus Small Cap Fund	NIFTY Smallcap 250 Total Return Index	3,248	Not reported	2026
Aditya Birla Sun Life Small Cap Fund	BSE 250 SmallCap Total Return Index	6,120	100	2007
Axis Small Cap Fund	NIFTY Smallcap 250 Total Return Index	30,678	100	2013
Bajaj Finserv Small Cap Fund	BSE 250 SmallCap Total Return Index	2,762	Not reported	2025
Bandhan Small Cap Fund	BSE 250 SmallCap Total Return Index	35,856	100	2020
Bank of India Small Cap Fund	NIFTY Smallcap 250 Total Return Index	3,671	1,000	2018
Baroda BNP Paribas Small Cap Fund	NIFTY Smallcap 250 Total Return Index	1,277	500	2023
Canara Robeco Small Cap Fund	NIFTY Smallcap 250 Total Return Index	13,972	1,000	2019
Carnelian Small Cap FundIn its NFO	NIFTY Smallcap 250 Total Return Index	Not reported	Not reported	Not reported
DSP Small Cap Fund	BSE 250 SmallCap Total Return Index	21,467	100	2007
Edelweiss Small Cap Fund	NIFTY Smallcap 250 Total Return Index	7,000	100	2019
Franklin India Small Cap Fund	NIFTY Smallcap 250 Total Return Index	14,257	500	2006
Groww Small Cap Fund	NIFTY Smallcap 250 Total Return Index	966	Not reported	2026
HDFC Small Cap Fund	BSE 250 SmallCap Total Return Index	40,801	100	2008
Helios Small Cap Fund	NIFTY Smallcap 250 Total Return Index	1,885	Not reported	2025
HSBC Small Cap Fund	NIFTY Smallcap 250 Total Return Index	18,513	500	2014
ICICI Prudential Small Cap Fund	NIFTY Smallcap 250 Total Return Index	9,791	100	2007
Invesco India Small Cap Fund	BSE 250 SmallCap Total Return Index	16,131	100	2018
ITI Small Cap Fund	NIFTY Smallcap 250 Total Return Index	3,666	500	2020
JM Small Cap Fund	NIFTY Smallcap 250 Total Return Index	941	100	2024
Kotak Small Cap Fund	NIFTY Smallcap 250 Total Return Index	19,141	100	2005
LIC MF Small Cap Fund	NIFTY Smallcap 250 Total Return Index	841	200	2017
Mahindra Manulife Small Cap Fund	BSE 250 SmallCap Total Return Index	5,373	500	2022
Mirae Asset Small Cap Fund	NIFTY Smallcap 250 Total Return Index	5,819	99	2025
Motilal Oswal Small Cap Fund	NIFTY Smallcap 250 Total Return Index	8,298	500	2023
Nippon India Small Cap Fund	NIFTY Smallcap 250 Total Return Index	80,906	100	2010
PGIM India Small Cap Fund	NIFTY Smallcap 250 Total Return Index	1,739	1,000	2021
Quant Small Cap Fund	NIFTY Smallcap 250 Total Return Index	35,572	1,000	1996
Quantum Small Cap Fund	BSE 250 SmallCap Total Return Index	262	500	2023
Samco Small Cap Fund	NIFTY Smallcap 250 Total Return Index	270	Not reported	2025
SBI Small Cap Fund	BSE 250 SmallCap Total Return Index	41,059	500	2009
Sundaram Small Cap Fund	NIFTY Smallcap 250 Total Return Index	4,107	100	2005
Tata Small Cap Fund	NIFTY Smallcap 250 Total Return Index	13,214	100	2018
The Wealth Company Small Cap Fund	NIFTY Smallcap 250 Total Return Index	144	Not reported	2026
TRUSTMF Small Cap Fund	NIFTY Smallcap 250 Total Return Index	3,877	1,000	2024
Union Small Cap Fund	BSE 250 SmallCap Total Return Index	2,732	500	2014
UTI Small Cap Fund	NIFTY Smallcap 250 Total Return Index	5,229	500	2020

Regular plan – Growth for every scheme. Source: fund houses’ disclosures; assets at month-end 30 Sep 2026; SIP minimums as read by Felix on 28 Oct 2026; benchmarks as each SID names them.

What changed

16 Oct 2026Deepak Malik became a fund manager
16 Oct 2026Viraj Parekh became a fund manager
16 Oct 2026NFO opened

Source: fund house disclosures and SEBI.

Documents

KIM Key information memorandum: the short summary of the SID that comes with every application form.

Carnelian Mutual Fund publishes the scheme’s documents on its website:

Scheme information document (SID)
Key information memorandum (KIM)
Monthly factsheet
Monthly portfolio disclosure

Read SID/KIM on AMC site

Felix links to the fund house’s own copies and never copies them.

Questions about this fund

What is the NAV of Carnelian Small Cap Fund, Regular plan – Growth?

It has no NAV yet: units are allotted after the NFO closes on 30 Oct 2026.

Who manages it, and since when?

Deepak Malik, since 16 Oct 2026 (Fund manager); Viraj Parekh, since 16 Oct 2026 (Fund manager). Source: Carnelian Mutual Fund’s disclosures.

What is its benchmark?

NIFTY Smallcap 250 Total Return Index, as the SID names it. Felix shows the benchmark by name only.

When was it launched, and what was it called before?

It is in its NFO until 30 Oct 2026; units are allotted after the NFO closes.

How do I invest in it?

Read the SID and KIM on Carnelian Mutual Fund’s website first. A mutual fund distributor can place your application in this scheme’s Regular plan. Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission.

What does “Regular plan – Growth” mean?

The Regular plan is the one bought through a distributor; its expenses include the distributor’s commission. In the Growth option, gains stay in the NAV and nothing is paid out.

Where are its documents?

On Carnelian Mutual Fund’s website: the scheme information document (SID), the key information memorandum (KIM) and the monthly factsheet.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Data on this page

Block	Source	For
Asset allocation	The SID, from fund house disclosures	28 Oct 2026
Fund managers	Fund house disclosures	28 Oct 2026

Something wrong or out of date? Report an error

When you are ready, invest with a person.

Read SID/KIM on AMC site

The SID and KIM are the final reference for every fact on this page.

Find a mutual fund distributor

Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission