“Amritkaal“ is the PMs 25-year vision (till 2047) for a “New India @100” year of independence; ambition being to make India a Viksit Bharat (developed) country. 

As the Indian economy transitions to a developed nation by 2047 with a GDP of USD 29 tn (~8x from today), per capita GDP of USD 18,000 (~7x from today), world GDP share of ~16% (~4x from today), investing in India today is a once in a lifetime opportunity, like the Japanese Economic Miracle, leading to significant wealth creation during the Amritkaal period. India will continue to command a premium attracting massive flows both from domestic & foreign investors.

 It is this perspective which led us to the idea of our fund, Carnelian Bharat Amritkaal is designed to leverage on opportunities emerging across 5 sectors (banking and financial services, manufacturing, services export, infrastructure and consumption) over the Amritkaal period and we expect to see emergence of sunrise sectors/new sub-sectors.