Investment adviser · CRD 335103

CARNELIAN ASSET MANAGEMENT & ADVISORS PRIVATE LIMITED

Investment adviser filing (IA)

MUMBAI, MAHARASHTRA, India · Form ADV filed May 11, 2026

Regulatory AUM: $1.5B
Client accounts: 4,540
Employees: 73
Advisory professionals: 4

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
High-net-worth individuals	4,535	$954,920,000	63.7%
Pooled investment vehicles	5	$543,940,000	36.3%

Filing source

Form ADV 2103349 · May 11, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

1 Private fund

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

CARNELIAN INDIA AMRITKAAL FUNDOther Private Fund · Last reported May 11, 2026$16.9MGross asset value

Form D fundraising filings

Carnelian India AmritKaal Fund

Fund administrator M/S APEX FINCORE LLP GANDHINAGAR, GUJARAT, India Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE HASKINS & SELLS LLP MUMBAI, MAHARASHTRA, India

Custodian ICICI BANK LIMITED GANDHINAGAR, GUJARAT, India Related to adviser: No

Custodian NUVAMA CUSTODIAL SERVICES LIMITED MUMBAI, MAHARASHTRA, India Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

DELOITTE HASKINS & SELLS LLP
PCAOB 1180

ICICI BANK LIMITED
LEI R7RX8ER1V4666J8D1I38

NUVAMA CUSTODIAL SERVICES LIMITED
LEI 3358005OOQYWPAGMAY65

Fund details & source

Fund ID: 805-1921582985
Reported beneficial owners: 28
Minimum commitment: $150K
Form D file number: 021-562933

Form ADV 2103349 · May 11, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: May 11, 2026. View historical filings

Reported services

Individual portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

1205/1206 ONE LODHA PLACE, SENAPATI BAPAT MARG, LOWER PAREL WEST
MUMBAI, MAHARASHTRA, 400013, India

CRD 335103

Filing source

Form ADV 2103349 · May 11, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.