Quantum Mutual Fund’s sponsor is Quantum Advisors Private Company, an institutional equity research firm founded by Mr. Ajit Dayal in January 1990. Quantum Advisors is also the first institutional equity research firm in India.
The firm played a pioneering role in introducing qualitative, quantitative, and analytical approaches to India’s stock market investments. Quantum Advisors devised a strategy that evaluated valuation metrics to identify investment opportunities in the resurgent Indian stock market.
The firm provided investment advice to various renowned institutions and famous investors like Jardine Fleming (whose investments in the Indian stock market exceed US$ 1 billion), Walden Nikko India Ventures Fund, Prolific India Opportunities Fund, and Hansberger Global Investors, Inc.
Over time, the firm expanded its business and evolved as an asset manager and investment advisor, managing equities, debt, fixed income, and real estate.
In December 2005, Mr. Dayal got the license for Quantum Asset Management Company Private Limited or Quantum AMC, the asset manager of Quantum Mutual Fund.
It is the 29th mutual fund company in India. The company functions as a trust as per the provisions of the Indian Trusts Act, of 1882. At present, the AMC manages ten funds across fund categories like equity, debt, commodity, and fund of funds. The timeline for launching each of the ten funds is as follows:
- March 2006 – Quantum Long Term Equity Fund (later renamed to Quantum Long Term Equity Value Fund)
- April 2006 – Quantum Liquid Fund
- February 2008 – Quantum Gold Fund ETF
- July 2008 – Quantum Index Fund ETF (later renamed to Quantum NIFTY ETF)
- December 2008 – Quantum Tax Saving Fund
- July 2009 – Quantum Equity Fund of Funds
- May 2011 – Quantum Gold Savings Fund
- July 2012 – Quantum Multi Asset Fund of Funds (later renamed to Quantum Multi Asset Fund of Funds)
- May 2015 – Quantum Dynamic Bond Fund
- July 2019 – Quantum India ESG Equity Fund
Quantum AMC was perhaps the only such financial institution in India to have increased their employees’ salaries by 15% during the early lockdown period, on the condition that they would give half of the extra money to someone who lost their income due to the economic disruption.
In the financial year 2005-06, Quantum AMC had an Asset Under Management (AUM) of INR 11.26 Crore, and the total folios were 798.
The figure has steadily grown ever since. And in the financial year 2019-20, the AUM increased to INR 1,119.24 Crore and the number of folios to 69,100.
From the financial year 2005-06 to 2016-17, the AMC did not spend anything on distributor commission, as it was a direct-to-investor mutual fund.
Important information about Quantum Mutual Fund
| Mutual Fund Name | Quantum Mutual Fund |
| Established | 2nd December 2005 |
| Date of Incorporation | 19th September 2005 |
| Trustee | Quantum Trustee Company Private Limited 7th Floor, Hoechst House, Nariman Point, Mumbai – 400 021 Tel. No.: 022-6144 7800 |
| Sponsor | Quantum Advisors Private Limited Registered Office: 6th Floor, Hoechst House, Nariman Point, Mumbai – 400 021 |
| Board of Directors, Trustee Company | Mr Surjit Banga, Director Mr Kaiwan Kalyaniwalla, Director Mr Subramanian Ganapathy, Director Ms Nalini Kak, Director |
| Board of Directors, AMC | Mr Jimmy A Patel, Managing Director & CEO Mr S.R. Balasubramanian, Director Mr I. V. Subramaniam, Director Mr Kamal Pande, Director Ms Uma Mandavgane, Director |
| Registered Address | Quantum Mutual Fund 7th Floor, Hoechst House, Nariman Point, Mumbai – 400021, India |
| Mr. Jimmy Patel | Mr. Malay Vora |
| Managing Director & CEO, Quantum Asset Management Company Pvt. Ltd. | Mrs. Meera Shetty |
| Phone and Fax | Toll-Free No.:1800-209-3863 / 1800-22-3863, Telephone No.:91-22-61447800, Toll-Free Fax no.:1800-22-3864 |
| Customercare@QuantumAMC.com | |
| Website | www.QuantumAMC.com / www.QuantumMF.com |
| Compliance Officer | Mrs. Meera Shetty |
| Investor Service Officer | Mrs Meera Shetty |
| Registrar and Transfer Agent | Karvy Fintech Private Limited Unit: Quantum Mutual Fund Karvy Selenium Tower-B, Plot No. 31&32, Financial District, Nanakramguda Serilingampally Mandal, Hyderabad – 500032 |
| Custodian | Deutsche Bank AG Nirlon Knowledge Park, Block 1, 4th Floor, Western ExpressHighway Goregaon (East), Mumbai – 400 063 |
| Main Bankers | HDFC Bank Limited Manecji Wadia Bldg., Gr. Floor, Nanik Motwani Marg, Fort, Mumbai – 400 023. Deutsche Bank AG Nirlon Knowledge Park, Block 1, 4th Floor, Western ExpressHighway Goregaon (East), Mumbai – 400 063 |
| Statutory Auditors | M/s. S. R. Batliboi & Co. LLP 14th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai – 400028 |
Six top-performing Quantum Mutual Fund Schemes
1. Quantum India ESG Equity Fund (Category – Equity: Thematic – ESG)
The Quantum India ESG Equity Fund, with a NAV of 14.3300 (Regular Growth) (as of 15th April 2021), is one of the top-performing funds in the ‘Equity: Thematic – ESG’ category.
This open-ended fund was launched on 12th July 2019 and has given trailing returns of 69.79% in one year (as of 15th April 2021). The fund considers the NIFTY 100 ESG TRI as its benchmark.
Key Information
| Minimum Investment | INR 500 |
| Minimum Additional Investment | INR 500 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 500 |
| Exit Load | 1% for withdrawals before 365 days |
| Return Since Inception (12th July 2019 ): | INR 38 Crore (as of 31st March 2021) |
| Assets | 1.65% (as on 28th February 2021) |
| Expense Ratio | 1.65% (as of 28th February 2021) |
2. Quantum Long-Term Equity Value Fund (Category – Equity: Value Oriented)
The Quantum Long Term Equity Value Fund, with a NAV of 65.1200 (Regular Growth) (as of 15th April 2021), is one of the best-performing funds in the ‘Equity: Value Oriented’ category.
This open-ended fund was launched on 1st April 2017 and has given trailing returns of 66.89% in one year (as of 15th April 2021). The fund considers the S&P BSE 2000 TRI as its benchmark.
Key Information
| Minimum Investment | INR 500 |
| Minimum Additional Investment | INR 500 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 500 |
| Exit Load | 2% for withdrawals before 365 days and 1% for withdrawals between 366 and 730 days |
| Return Since Inception (1st April 2017): | 13.00% (as of 15th April 2021) |
| Assets | 13.00% (as on 15th April 2021) |
| Expense Ratio | 1.79% (as of 28th February 2021) |
3. Quantum Nifty ETF (Category – Equity: Large Cap)
The Quantum Nifty ETF, with a NAV of 149.3135 (Regular Growth) (as of 15th April 2021), is the best fund in the ‘Equity: Large Cap category.
This open-ended fund was launched on 10th July 2008 and has given trailing returns of 64.72% in one year (as of 15th April 2021). The fund considers the NIFTY 50 TRI as its benchmark.
Key Information
| Minimum Investment | INR 500 |
| Minimum Additional Investment | INR 500 |
| Minimum SIP Investment | – |
| Minimum Withdrawal | INR 500 |
| Exit Load | Nil |
| Return Since Inception (10th July 2008): | 0.09% (as on 28th February 2021) |
| Assets | 0.09% (as of 28th February 2021) |
| Expense Ratio | 11.59% (as of 15th April 2021) |
4. Quantum Equity Fund of Funds (Category – Equity: Flexi Cap)
The Quantum Equity Fund of Funds, with a NAV of 44.0450 (Regular Growth) (as of 15th April 2021), is one of the top-performing funds in the ‘Equity: Flexi Cap category.
This open-ended fund was launched on 1st April 2017 and has given trailing returns of 56.01% in one year (as of 15th April 2021). The fund considers the S&P BSE 200 TRI as its benchmark.
Key Information
| Minimum Investment | INR 500 |
| Minimum Additional Investment | INR 500 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 500 |
| Exit Load | 1% for withdrawals before 365 days |
| Return Since Inception (1st April 2017): | 0.75% (as of 28th February 2021) |
| Assets | INR 62 Crore (as of 31st March 2021) |
| Expense Ratio | 0.75% (as on 28th February 2021) |
5. Quantum Multi Asset Fund of Funds (Category – Hybrid: Multi Asset Allocation)
The Quantum Multi Asset Fund of Funds, with a NAV of 21.9742 (Regular Growth) (as of 15th April 2021), is the top-performing fund in the ‘Hybrid: Multi-Asset Allocation’ category.
This open-ended fund was launched on 1st April 2017 and has given trailing returns of 19.70% in one year (as of 15th April 2021). The fund considers the CRISIL Composite Bond TRI, S&P BSE Sensex TRI, and the Domestic Price of Gold as its benchmark.
Key Information
| Minimum Investment | INR 500 |
| Minimum Additional Investment | INR 500 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 500 |
| Exit Load | 1% for withdrawals before 90 days |
| Return Since Inception (1st April 2017): | 9.34% (as of 15th April 2021) |
| Assets | INR 33 Crore (as of 31st March 2021) |
| Expense Ratio | INR 33 Crore (as on 31st March 2021) |
6. Quantum Tax Saving Fund (Category – Equity: ELSS)
The Quantum Tax Saving Fund, with a NAV of 149.3135 (Regular Growth) (as of 15th April 2021), is one the best-performing funds in the ‘Equity: ELSS’ category.
This open-ended fund was launched on 1st April 2017 and has given trailing returns of 66.16% in one year (as of 15th April 2021). The fund considers the S&P BSE 200 TRI as its benchmark.
Key Information
| Minimum Investment | INR 500 |
| Minimum Additional Investment | INR 500 |
| Minimum SIP Investment | INR 500 |
| Minimum Withdrawal | INR 500 |
| Exit Load | Nil (Lock-in period – 3 years) |
| Return Since Inception (1st April 2017): | 1.79% (as of 28th February 2021) |
| Assets | 1.79% (as of 28th February, 2021) |
| Expense Ratio | INR 89 Crore (as of 31st March, 2021) |
How can you invest in Quantum Mutual Fund Via EduFund?
EduFund provides you with a simple interface to invest in one or more Quantum mutual fund schemes and reap rich dividends.
You can invest in a growth scheme or dividend scheme. The growth scheme does not pay any dividends. Any dividend paid by a company in the fund’s portfolio is adjusted in the NAV.
In contrast, if you choose the dividend option, you can get extra income when the company pays a dividend.
The following are the steps you can take to invest in a Quantum Mutual Fund scheme:
Step 1 – Download the EduFund App from Google Play Store or Apple App Store.
Step 2 – Create an account on EduFund by entering details like name, mobile phone number, email address, etc.
Step 3 – Browse all Quantum Mutual Fund schemes and choose the suitable scheme suiting your financial goals. EduFund provides the option to invest a lump sum or open a SIP (Systematic Investment Plan) account.
Step 4 – At any point, you may take free advice from an expert mutual fund counselor for free. The counselor will ask you questions concerning your financial goals and suggest a suitable scheme for you.
Step 5 – Once you invest in a scheme, EduFund will give you access to your personalized mutual fund account. You can also invest in other mutual fund schemes that generate high returns.
Moreover, you can track your portfolio, view the account balance and NAV, download account statements, buy or sell mutual fund units, and do other things.
Step 6 – You are ready to experience safe and secure investing. EduFund uses top-class security parameters and authentication technologies to ensure safe transactions.
Five best-performing fund managers at UTI Mutual Fund
The fund manager is a key resource person whose timely actions determine the fund’s growth. Quantum Mutual Fund’s managers are some of the best in the industry and have consistently delivered inflation and benchmark-beating returns to its clients.
Top five fund managers are Quantum Mutual Fund:
1. Mr. Nilesh Shetty
Mr. Nilesh Shetty, Fund Manager, Quantum Asset Management Company Private Limited, joined the company in December 2009. He joined the AMC as a Senior Manager and was promoted to the position of Associate Fund Manager in April 2011.
In September 2020, he was appointed as a fund manager. He is currently working as the Co-Fund Manager – Equity at Quantum AMC. Before joining Quantum AMC, he served Edelweiss Securities Ltd. as the Manager of Research, Pranav Securities Private Limited as the Senior Manager of Research, and ICICI Bank as Officer, RCLG.
Mr. Shetty’s educational qualifications include a Master in Management Studies (Finance) (Mumbai University), CFA (CFA Institute), CGMA (The Chartered Institute of Management Accountants), and CPA – Accounting, and Finance (Association of International Certified Professional Accountants).
He manages the Quantum Long Term Equity Value Fund and Quantum Multi Asset Fund of Funds.
2. Mr. Pankaj Pathak
Mr Pankaj Pathak, Fund Manager, of Quantum Asset Management Company Private Limited, joined the company in August 2013 as Senior Manager – Fixed Income and was promoted to Fund Manager – Fixed Income in March 2017.
Before joining Quantum AMC, he worked with the Bank of Maharashtra as Senior Manager – Foreign Exchange. He has over 12 years of experience in Investment, Treasury, Capital Markets, and Trading.
His specialties include Portfolio Management, Financial and Economic Research, Securities Analysis, Investments, and Funds and Liquidity Management. Mr. Pathak did B.Sc. in Electronics (University of Lucknow), Post Graduate Diploma in Banking & Finance (National Institute of Bank Management, Pune), and CFA, Investments, and Securities (CFA Institute, USA).
He also possesses the CAIIB (Treasury Management) certification from the Indian Institute of Banking & Finance. He manages the Quantum Dynamic Bond Fund and Quantum Liquid Fund for Quantum AMC.
3. Mr. Chirag Mehta
Mr. Chirag Mehta, Senior Fund Manager – Alternative Investments, Quantum Asset Management Company Private Limited, joined the company in February 2006.
In 2017, Citywire chose him as the fourth (4th) best Fund Manager globally under forty (40). He has over eighteen (18) years of experience in Investments, Alternative Investments, Portfolio Management, Research, Asset Management, Capital Markets, and Commodity Markets.
Mr. Mehta’s educational qualifications include a Master in Management Studies (Finance) (Mumbai University) and Chartered Alternative Investment Analyst, Alternative Investments.
He looks after five funds, including Quantum Gold Fund, Quantum Equity Fund of Funds, Quantum India ESG Equity Fund, and Quantum Multi Asset Fund.
4. Mr. Sorbh Gupta
Mr. Sorbh Gupta, Co-Fund Manager – Equity, Quantum Asset Management Company Private Limited, joined the company in March 2011.
Before joining Quantum AMC, he worked with Narotam Sekhsaria Family Office as a Senior Equity Analyst and Pranav Securities Private Limited as an Investment Analyst.
His educational qualifications include CA, Accounting, and Finance (The Institute of Chartered Accountants of India) and CFA (CFA Institute, USA). He manages Quantum Tax Saving Fund and Quantum Long Term Equity Value Fund.
5. Ms. Sneha Joshi
Ms. Sneha Joshi, Associate Fund Manager – Alternative Investment, Quantum Asset Management Company Private Limited, joined the company in August 2015 as a Quantitative and Credit Analyst.
In May 2017, she got promoted to Sr. Quantitative and Credit Analyst, and since January 2019, she has been working in her current position. She has over nine (9) years of experience in quantitative modeling, insights modeling using R and Python, fixed-income research, data science, economic research, ETFs, and asset allocation.
Before joining Quantum AMC, she worked as an Economic Analyst at Credit Capital Research. She also worked as an Intern at NABARD.
She did her schooling at Modern High School Pune and Fergusson College. Subsequently, she did B.A. Economics (Fergusson College), Post Graduate Diploma in Foreign Trade, International Business/Trade/Commerce (University of Pune), M.A. Economics (Gokhale Institute of Politics and Economics), and Ph.D. Economics (Gokhale Institute of Politics and Economics).
She has also done various certification courses from Coursera. She manages the Quantum India ESG Equity Regular Growth Fund.
Why should you invest in Quantum Mutual Fund?
Quantum mutual fund is one of the newest AMCs in India. It provides investment solutions for investors’ financial goals like wealth creation, vacation, child’s education, child’s marriage, and retirement.
Whether you want long-term growth or short-term capital appreciation, Quantum Mutual Fund has a scheme suiting your requirements. Since 2006, most of its funds have consistently beaten the benchmark.
Hence, you should invest in a scheme offered by Quantum Mutual Fund if you are a patient investor willing to profit from the opportunities in capital and commodity markets.
Select EduFund for investing in Quantum Mutual Fund
With EduFund at your fingertips, you can conveniently invest in one or multiple Quantum mutual fund schemes from the convenience of your office or home.
You can also get personalized guidance from EduFund’s seasoned mutual fund counselors, who assist you in choosing the best fund.
EduFund provides you with a top-class recommendation engine that browses more than one lakh data points and 400 financial situations to recommend the best plan for you. You can start your investment journey by investing as little as INR 500 every month.
In addition to Indian funds, EduFund also offers you the facility to invest in international mutual funds and US Dollar ETFs.
You may use several free tools like College Savings Calculator, SIP Calculator, etc., to calculate the amount you need to save every month for reaching your financial goals.
EduFund is RIA-registered, and its world-class 128-SSL security safeguards your investments like a bank.
FAQs
What are some top Quantum Mutual Fund schemes?
Some of the top-performing Quantum Mutual Fund schemes are Quantum India ESG Equity Fund (Category – Equity: Thematic – ESG), Quantum Long-Term Equity Value Fund (Category – Equity: Value Oriented), Quantum Nifty ETF (Category – Equity: Large Cap), Quantum Equity Fund of Funds (Category – Equity: Flexi Cap), etc.
Can I invest in Quantum Mutual Funds online?
Yes, you can invest in Quantum Mutual Funds online through the EduFund App. Just download the app, create an investor account, explore your options, finalize one, and begin investing.
Is investing in Quantum Mutual Funds a good decision?
Whether you want long-term growth or short-term capital appreciation, Quantum Mutual Fund has a scheme suiting your requirements. Since 2006, most of its funds have consistently beaten the benchmark.
