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The Economic Times
The Economic Times
Surbhi Khanna

Vikas Khemani’s Carnelian Asset Management files draft document with Sebi for its first fund

Vikas Khemani SEBI

Market veteran Vikas Khemani’s Carnelian Asset Management has filed a draft document with Sebi to launch its first fund, a liquid fund. Carnelian Liquid Fund will be an open-ended liquid scheme with a relatively low interest rate risk and moderate credit risk.

The fund house received approval from the Securities and Exchange Board of India to launch its mutual fund business in July 2026 marking a significant milestone in the firm's growth journey and allowing it to expand its offerings to a wider base of retail investors.

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