Carnelian Asset Management & Advisors Private Limited
Firm details
- Headquarters
- Mumbai Maharashtra,
- CRD number
- 335103
- Registered since
- May 11, 2026
- Custodians
- NUVAMA CUSTODIAL SERVICES LIMITED
- Fee structure
- Percentage of AUM, Fixed Fees, Performance Based Fees
- Client types
- HNWI63.71%
- Pooled Investment Vehicles36.29%
- Services
- Portfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients
Firm profile
FINTRXOverview
Carnelian Asset Management & Advisors Private Limited is a corporation that provides discretionary portfolio management across individual, pooled-vehicle, and institutional mandates. The firm reports SEC registration in 2026 and is owned by an individual. Its client mix spans individual and family clients as well as institutional investors. Fee arrangements include asset-based fees, fixed fees and performance-based fees. Carnelian identifies equities as a preference and is not classified as an active ESG investor or a multi-state adviser. It also indicates it is not a capital allocator, pension consultant, or a related adviser. The firm participates in pooled-vehicle activity beyond advisory: it lists roles as sponsor, general partner and managing member of pooled investment vehicles, which suggests it not only advises but can take governance and operational responsibilities for private vehicles it manages.
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities97%
- Cash & Cash Equivalents2%
- Non-Exchange Traded Equities1%
Owners & executives
2 of 2Pankaj Namdharani
Chief Operating OfficerCRD 8181086
Swati Khemani
Founder & CEOCRD 8181081
Contacts
3 of 3Swapan Dutta
Vice President of LegalCRD 8181088
Vikas Khemani
FounderCRD 8181080
Manoj Bahety
FounderCRD 8181082
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXLocation
Mumbai Maharashtra, null
Location
Mumbai Maharashtra, null
Headquartered in Mumbai Maharashtra, null.
- Address
- 1205/1206 One Lodha Place
- Office locations
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