The Economic Times

Vikas Khemanis Carnelian Mutual Fund raises Rs 632 crore through small-cap NFO, attracts over 30,000 applications

Vikas Khemani's Carnelian Small Cap Fund received over 30,000 applications worth Rs 632 crore in its maiden NFO. Nearly 45% of applications came from beyond the top 30 cities, while 21% opted for systematic investment plans.