The Economic Times

Vikas Khemanis Carnelian Asset Management files draft document with Sebi for its first fund

Carnelian Asset Management has filed documents with Sebi to launch its first liquid mutual fund, targeting short-term investors seeking high liquidity and low-to-moderate risk. The open-ended scheme will invest in debt and money-market instruments maturing within 91 days, expanding Carnelians offerings to retail investors.