Market veteran Vikas Khemani’s Carnelian Mutual Fund has launched Carnelian Small Cap Fund which is open for subscription and will close on October 30. This small cap fund will follow QGARP as the investment philosophy which means quality growth at a reasonable price and is built on two pillars.
The fund will follow a focused, research-led investment approach guided by Carnelian’s philosophy of Clarity, Conviction and Compounding. It will seek to identify businesses with sustainable earnings growth, durable competitive advantages and attractive risk-reward characteristics, while remaining disciplined on valuations.
