Fat depots or triglycerides are hydrolysed by the action of lipases in fish to be used for energy and/or for growth and reproduction. In herbivores fishes, de novo synthesis of lipids from non- lipid substrates (glucose) leads to fat deposits and/or fatty infiltration in organs especially on ovaries limiting its normal functions. This study was aimed to understand lipases from the digestive tract (DT) of adult Hypselobarbus pulchellus of different sizes, their partial purification, characterisation and their isozymes. In-vitro hydrolysis study on interaction of carbohydrate with proteins was evaluated to establish specific protein selection that combat undue glucose release. Results of the study identified four lipase isoenzymes of ~ mol. wt 19.88, 24.29, 32.86, 54.56 kDa with optimal pH of 3.5 and 8, pH stability between pH 5.5–10; optimal temperature at 35 °C and heat stability between 35 and 45 °C. Characterisation studies indicated presence of thiol group in their active site and Ca, Na and Zn ions activated lipase activity. Rice bran as carbohydrate source when used along with azolla (plant protein) and fish meal (animal protein) may combat undue release of excess glucose that leads to visceral fat formation in H. pulchellus as assessed from in vitro studies.