Carnelian Liquid Fund
- NAV as on 25 Oct 2026
- ₹1,002.00+0.01%1 day
- Return since launch
- 0.1%
- 52-week range
- ₹1,001.01 — ₹1,001.85
- AUM
- ₹0.00 Cr
Carnelian Liquid Fund is a Liquid debt fund from Carnelian Mutual Fund with ₹0.00 Cr under management, launched in 2026. The expense ratio is 0.00% and the SEBI riskometer reading is Low to Moderate.
Performance
Carnelian Liquid Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +0.1% against 0.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
Since launch (12 Oct 2026): 0.1%
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.21%
Expense ratio as on 24 Oct 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.18%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.03%
- Exit load
- Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Liquid Index A-I
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹14,667 Cr | 0.19% | 6.5% | 6.6% | 6.7% |
 Axis Liquid Fund | ₹53,470 Cr | 0.23% | 6.5% | 6.6% | 6.7% |
 Edelweiss Liquid Fund | ₹11,741 Cr | 0.17% | 6.4% | 6.6% | 6.6% |
 Franklin India Liquid Fund | ₹4,811 Cr | 0.20% | 6.5% | 6.6% | 6.7% |
 Bank of India Liquid Fund | ₹1,874 Cr | 0.15% | 6.5% | 6.6% | 6.7% |
 PGIM India Liquid Fund | ₹1,438 Cr | 0.22% | 6.4% | 6.6% | 6.6% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment 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.
Fund managers
- Deepak MalikCFA, USA; International Business Program, IIM Calcutta; MBA (Marketing and Finance); B.SCPrior 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.
- Viraj ParekhIntegrated Professional Competence Course (IPCC) from the Institute of Chartered Accountants of India and B.Com from Narsee Monjee College.Prior to joining the Carnelian AMC, Viraj was a Research Analyst at Carnelian Asset Management & Advisors Private Limited.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
No return history published for this fund yet.
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.