Carnelian PMS – Review, Strategies, Returns, Charges & more
Last Updated Date: Dec 19, 2022The name Carnelian itself is driven on premises like motivation, leadership, endurance, and courage. Carnelian was founded in 2019 by individuals passionate for the financial market and a strong grip on understanding its functioning.
Carnelian PMS, an investment management firm, is driven toward helping clients build and protect their wealth in this risk-filled market.
The promoters gathered together to realize their dreams of investing in the capital market. They largely invest in equities and offer high-potential opportunities to customers.
Carnelian PMS – Ratings & Review by Top10StockBroker
Find Client ratings of Carnelian Portfolio Management Services –
Carnelian PMS Ratings | |
Returns Performance | 3.8 / 5 |
Services | 3.9 / 5 |
Charges | 3.8 / 5 |
Experience | 3.1 / 5 |
Strategies | 3.2 / 5 |
Client Support | 3.1 / 5 |
Overall Ratings | 3.9 / 5 |
Star Ratings | ★★★★★ |
The above ratings given in the table will help us to understand better the performance of Carnelian PMS broking house in every field.
Overview of Carnelian Portfolio Management Services
Overview | |
Company Type | Private |
Registered Location | Mumbai, Maharashtra |
Leadership | Manoj Bahety, Sachin Jain |
Yr. of Establishment | 2019 |
Carnelian PMS was founded by Vikas Khemani, Sachin Jain, Manoj Bahety, and Swati Khemani. All the founders have brought comprehensive skills and experience to align with the objective of the firm.
They aspire to provide a global scale asset management platform on the clicks to the clients.
With their pristine values and strong management resources, they cater to the varied requirements of their customers. The entity strives to proffer higher returns through market cycles by applying its MCO framework.
Carnelian Portfolio Management Services has led out multiple types of offerings to suit the objectives of the investors who have entrusted their long-time accumulated earnings.
The aim of the fund remains to compound the initial Investment into multiplying numbers over time.
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Types of Carnelian PMS
Types of PMS | |
Discretionary | Yes |
Non-Discretionary | Yes |
Carnelian offers its customers both Discretionary and Non- Discretionary PMS. This way, the customers can decide for themselves about how much control they desire to have over their funds.
Offering different types of Carnelian PMS allows the entity to reach a wider audience and put forth a variety of advantages.
Carnelian PMS Fund Managers Details
Fund Manager’s Details | |
Name | Manoj Bahety, Sachin Jain |
Experience | 11-18 Years |
Highest Qualification | CA |
AUM (in Cr.) | Approx 1319.16 Cr. |
Number of Clients | 346 |
Investment Tenure | Minimum 3-5 yrs. |
Manoj Bahety
One of the founders of Carnelian, Manoj Bahety, has experience of over 20 years in the financial services segment. He was associated with some of the boomy entities like Edelweiss Securities, RIL, Morgan Stanley, and HPCL.
He has done some prodigious work in Analysis Beyond Consensus Research and has assisted investors in making righteous decisions for Investment.
Further, Manoj Bahety has represented CFA Institute committees, including as the Chairperson of the India advocacy committee. He is also a US-based global CDPC committee member.
Sachin Jain
Another financial industry enthusiast of Carnelian is Sachin Jain. He brought his rich and enlightening experience of 18 years to the firm.
After serving 11 years in the capital market, mostly as the COO of Edelweiss Securities Ltd., and supervising the entity on some of the critical areas like technology, risk, HR, operations, strategies, etc. he shifted his work area slightly with Carnelian.
He has made some significant contributions to the journey, like founding the prime brokerage business of Edelweiss, which has yielded upscaling and profitability.
Along with bringing in a superior role for Edelweiss, Sachin has also served as a Director for various Group Entities.
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Carnelian PMS Strategies
Strategies | |
Carnelian – Capital Compounder | MULTI CAP |
Carnelian – Carnelian YNG Strategy | MULTI CAP |
Carnelian – Shift Strategy | MULTI CAP |
Capital Compounder
The strategy aims at taking advantage of the progressive market trend where the companies are performing well, and their stock prices are rising at full speed. This is a multi-cap strategy that offers exposure to different segments and companies in varying stages.
Through this strategy, investors have a high possibility of getting good returns, as the essence of this strategy is to capture India’s growth.
Carnelian YNG Strategy
This is another diversified brainchild of the institute designed to bring about most of the opportunities and profitability to its customers.
The portfolio consists of an efficient blend of private and public sector companies bundled together to attain the highest returns.
This is an ideal choice for many reasons, including high growth and returns over the period of time. Every strategy of Carnelian is formed to serve distinct objectives. They align and satisfy the expectations of the clients and offer them apt results.
Shift Strategy
Shift Strategy is a long-only strategy striving to reap earnings from an uptrend market where the companies are performing decent and are heading to a growth graph angle.
The strategy captures two of the major structural sectors – Manufacturing and Technology. This thematic strategy consists of multi-cap stocks, which maintains an efficient balance in the fund.
The portfolio targets mid and small-cap entities from the manufacturing and technology sector to deliver superior returns.
Carnelian PMS Returns / Performance
Strategy | Carnelian – Capital Compounder | Carnelian – Carnelian YNG Strategy | Carnelian – Shift Strategy | |
Category | MULTI CAP | MULTI CAP | MULTI CAP | |
Return (CAGR) | 1M | -0.54% | -4.19% | -1.59% |
3M | 14.34% | 8.64% | 13.47% | |
6M | 2.44% | 4.78% | 3.79% | |
1Y | -7.91% | NA | 0.32% | |
2Y | 22.57% | NA | NA | |
3Y | 17.91% | NA | NA | |
5Y | NA | NA | NA | |
Since Inception | 15.79% | 11.42% | 44.59% | |
Inception Year | May, 2019 | Jan, 2022 | Oct, 2020 |
In a narrow span of 3-4 years only, Carnelian has introduced some brilliant investment ventures for investors. They offer great exposure as they pick equities of companies from different levels, and this way, the investors, invest in a wide range from one source itself.
Carnelian PMS Returns are quite impressive, too; creating and protecting the clients’ wealth is one of the core values enshrined in the company’s foundations.
Through its diverse product range, Carnelian has offered superior returns on investments.
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Carnelian PMS Investment Plans
Investment Plans | |
Bronze (25L – 50L) | Yes |
Silver (50L – 1 Cr.) | Yes |
Gold (1 Cr. – 5 Cr.) | Yes |
Platinum (5 Cr. Plus) | Yes |
Carnelian has led out different investment plans from which the investors can choose according to their capacity and requirements. Bronze, Silver, Gold, and Platinum are the plans and consists of different ranges of investment quantum.
For instance, in the case of Bronze, the amount involves 25Lakh to 50Lakh; further, in Silver, the amount ranges between 50lakh to 1 Crore.
The entity offers choices in most of its services so that it can touch the population from every angle.
Carnelian PMS Fee Structure or Commission Slabs
Commission / Fees Structure | |
Prepaid Commission | Yes |
Volume% Commission | Yes |
Profit Sharing% Commission | Yes |
For the efficient and seamless services of Carnelian, it requires the customers to share a pinch with the entity for its efforts. Carnelian PMS Fee Structure follows a simplified and sorted means so that the terms are clear for customers and the entity.
Customers of Carnelian are subject to charges in the form of Prepaid Commission, Percentage based Volume Commission, and Profit driven Commission.
Carnelian PMS Prepaid Commission
Prepaid Commission (Yearly) | |
Investment – 25L – 50L | 1.1% of Investment |
Investment – 50L – 1 Cr. | 1.3% of Investment |
Investment – 1 Cr. – 5 Cr. | 1.1% of Investment |
Investment – 5 Cr. Plus | 1.4% of Investment |
Prepaid commission on the services of Carnelian is generally charged based on the investment segment.
As we go higher to the Investment of 50L – 1 Cr., the Carnelian PMS Prepaid Commission becomes 1.3% of the Investment.
Where the Investment ranges between 1 Cr. – 5 Cr., the commission is 1.1% on the basis of the Investment. For Investments ranging above five crores, Prepaid Commission becomes 1.4% of the Investment.
Carnelian PMS Volume% Commission
Volume% Commission (Yearly) | |
Transaction Volume – 25L – 50L | 0.11% of the Total Transaction Volume |
Transaction Volume – 50L – 1 Cr. | 0.15% of the Total Transaction Volume |
Transaction Volume – 1 Cr. – 5 Cr. | 0.14% of the Total Transaction Volume |
Transaction Volume – 5 Cr. Plus | 0.11% of the Total Transaction Volume |
Another commission charged to the customers of Carnelian is Volume% Commission. Let’s see the commission levels here.
For the transaction volume of 25L – 50L, the Carnelian PMS Volume% Commission is 0.11% of the Total Transaction Volume.
For 50 lakh – 1 crore, 0.15% is the commission. Where the transaction value range is 1 Cr. – 5 Cr., the commission percentage is 0.14%. As you can observe, the percentages change with the transaction value.
Carnelian PMS Profit Sharing% Commission
Profit Sharing% Commission (Yearly) | |
Profit Amount – 2.5L – 5L | 18% of Profit |
Profit Amount – 5L – 10L | 16% of Profit |
Profit Amount – 10L – 50L | 13% of Profit |
Profit Amount – 50L Plus | 13% of Profit |
For, Carnelian PMS Profit commission, the commission percent comes down as the profit goes up. For profit of 2.5L to 5L, the profit percent to be shared is 18%.
Where the profit is between 5 lakh to 10 lakh, the commission will be 16% of the profit. For a profit of 10 lakhs and above, the profit-sharing commission will be 13%.
So, we can say that the higher the profit, the lower the commission of Carnelian.
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Carnelian PMS Charges
Charges | |
Management Fees | As per the commission model |
Upfront Fees | 1.2% – 2.6% of Asset Value |
Brokerage Charges | 0.01% – 0.05% of Total Transaction Value |
Custodian Charges | 0.20% – 0.35% of Asset Value |
Depository Charges | 0.25% – 0.45% of Asset Value |
Exit Load – within 12 months | 1.2% – 2.6% of Withdrawal Value |
Exit Load – post 12 months | Free |
Carnelian PMS charges fees and commissions from its customers for its different services.
They provide numerous services and take care of the funds invested with them and charge some fees based on percentage or amount as per the case. Some of these charges are discussed below.
- Carnelian charges Management fees depending on the commission model the customer has picked.
- Upfront Fees are charged as 1.2% – 2.6% of Asset Value
- The entity charges in the form of brokerage on the total transaction value. This charge ranges between 0.01% – 0.05% of the total transaction value.
- Carnelian offers Custodian services, for which it charges 0.20% – 0.35% of Asset Value.
- For its Depository services, the charges are based on asset value and range somewhere from 0.25% to 0.45%
- Where the exit load is within 12 months, the charges will range from 1.2% – 2.6% of Withdrawal Value, and in case of exit load after 12 months, no charges are levied.
Carnelian PMS Benefits
Benefits / Advantages | |
Top-up Facility | Yes |
Back office Reports | Yes |
Email Update | Yes |
SMS Update | Yes |
Watsapp Update | No |
Portfolio View | Yes |
Detailed View | Yes |
Flexible Commission Model | Yes |
Flexible Investment Plans | Yes |
Massive Experience | Yes |
Carnelian brings the best of opportunities, offers, possibilities, and benefits for the customers. Their features include:
- Top-up Facility
- Back office Reports
- Email Update
- SMS Update
- Portfolio View
- Detailed View
- Flexible Commission Model
- Flexible Investment Plans
The entity has brought all this with its extensive experience and innovative approach toward the financial market. Creating and protecting the wealth of its customers has been one of the core objectives and premises of the company.
Carnelian PMS Customer Care
Customer Care | |
Call Support | Yes |
Email Support | Yes |
Chat Support | No |
Watsapp Support | Yes |
Relationship Manager Support | Yes |
Call to Fund Manager | Yes – 1 – 7 times a month |
Issue Resolving TAT | 7 working days |
Carnelian understands that the financial market can be tricky, and when a person depends and relies on others with finances, it becomes too sensitive; therefore, it attempts to be available and reachable for the customers in different ways.
This way, the customers always feel connected with the entity and approach them easily for any ambiguity or difficulty. Customers can use the following:
- Call Support
- Email Support
- Watsapp Support
- Relationship Manager Support
- Call to Fund Manager
- Issue Resolving TAT
Carnelian PMS Conclusion
Carnelian is an innovative entity founded by financial services enthusiasts. The team that builds the company is strong-minded and has extensive skills and experience in the segment.
The PMS has varied options, whether in terms of investment plans, strategies, Portfolios, etc. Their aim is to create wealth for the customers and benefit them in the long run.
They aspire to capture the growing Indian market and explore the opportunities enshrined inside.
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