Quantum Equity Fund of Funds

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Quantum Equity Fund of Funds
February 2022 Private Confidential
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TABLE OF CONTENTS
About us About Quantum Mutual Fund QEFOF Process
Performance of the Fund
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ABOUT US
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Group Update The Past 25 Years
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• Set the foundation for building an India-focused
  investment management institution across the 4
  major asset classes equity, fixed income, real
  estate, infrastructure Steady growth in assets,
  disciplined approach attracting clients
• Need for multiple asset classes to reduce the
  business risk of being dependent on any ONE
  product
• India is not mainstream - huge volatility in
  valuations and client interest
• 1990 to 2004 investment processes refined by
  affiliation with international groups
• 2004 to 2008 invested in people
• 2004 to 2008 incubated teams to diversify
  business risk
• 2008 to 2009 invested in world-class systems
• 2010 onwards maintaining our focus and
  discipline succession planning

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Our Journey so Far

• Quantum Gold Savings Fund
• Indias first fully paperless Online Investing
  Platform

• Quantum Dynamic Bond Fund
• Transactions through Email, WhatsApp Fax

• Quantum Gold Fund
• Quantum Nifty ETF
• Quantum Tax Saving
• Fund

• Set up Quantum
• AMC

• Launch of
• Regular Plans

2005
2006
2008
2009
2011
2012
2015
2016
2017
2019

• Quantum Long Term Equity Value Fund completes
  10-year track record

• Quantum Long Term Equity Value Fund
• Quantum Liquid Fund

• Quantum Equity Fund of Funds
• Path to Profit
• Launched

• Quantum Multi Asset Fund of Funds

• Quantum India ESG Equity Fund

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About our Sponsor Quantum Advisors Pvt. Ltd.
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• Currently managing an AUM of USD 2.61 Billion
  (INR 19,671 crore) as February 28, 2022.
• Manages Indian equity investments for some of the
  largest institutions in the world, including
  Sovereign Wealth Funds, pension funds,
  endowments, and foundations
• Currently registered as a Portfolio Manager with
  SEBI and other international regulators
• Quantum Advisors is 50.8 owned by Mr. Dayal and
  the Management Team and 49.2 owned by HWIC Asia.
  HWIC Asia is ultimately promoted and wholly owned
  by Fairfax Financial Holdings Limited (FFHL).
  FFHL is listed on the Toronto Stock Exchange and
  is led by Mr. Prem Watsa, known as the Warren
  Buffet of Canada

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ABOUT QUANTUM MUTUAL FUND
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About Quantum Mutual Fund
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• Quantum Mutual fund was established in 2006 with
  the launch of the Quantum Long Term Equity Value
  Fund
• Quantum Mutual Fund was the 29th, but Indias 1st
  Fund house that started with a focus on a Low
  Cost Approach for investors
• Simple range of funds No confusion for investors
• Disciplined Research and Investment Process
  Team-driven, no star fund managers
• Staying the course, no short cuts Asset
  Managers, not Asset Gatherers
• Quantum MF AUM Rs.1,947.73 Cr. as on February
  28, 2022.
• Number of Folios 75,634 as on February 28, 2022.

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Company Structure

• Quantum Advisors, India (QAS), provides
  investment advisory services and manages
  portfolios of FIIs and Indian clients. Registered
  as Portfolio Manager with SEBI since 1997. It is
  led by Mr. I. V. Subramaniam (Subbu), who is the
  MD Group Head (Equities) of the company.
• Subbu joined Quantum in 1996 and has over 25
  years of experience in the investment management
  and financial services industry. Since June 2000,
  Subbu has managed India-dedicated portfolios for
  Indian clients and since 2005, he has managed
  India-dedicated portfolios for international
  clients. Subbu received his Bachelors degree in
  commerce from Osmania University in 1983 and his
  Law degree from Osmania University in 1986. He is
  a CFA Charter holder.
• 100 subsidiary of QAS Quantum Asset Management,
  India (QAMC) SEBI Registered Asset Management
  Company
• and Investment manager for Quantum Mutual Fund.
  It is led by Mr. Jimmy Patel, who is the
• MD CEO of the company.
• Jimmy Patel joined Quantum in 2010 and has over 3
  decades of experience in the financial services
  sector, and has held various key management
  roles. Along with holding a Chartered
  Accountants degree, Mr. Patel has also completed
  his
• L.L.B. from the University of Mumbai. Mr. Patel
  is a Fellow of the Chevening
• Standard Chartered Financial Services Leadership
  Programme at Kings College, London. He has been a
  Director on Association of Mutual Funds In India
  (AMFI) Board and also has been a member of
  various AMFI and SEBI Committees.

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Always Putting Investors First, Even Above our
Growth in AUM
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Quantum Mutual Fund SEBI Imposes Rule on MF Industry
Refused to follow the opaque Entry Load Model Mar 2006 Jun 2009
Pioneered Direct to Investor, despite Slow Internet Speed and No Smart Phones Mar 2006 Jan 2013
One Scheme / product per asset class Mar 2006 Oct 2017
Exit Load swept into funds for the benefit of Unit Holders Mar 2006 Nov 2012
No Discrimination against Retail Investors Mar 2006 Sep 2012
Introduced the practice of following Total Return Index (TRI) as benchmark for Equity Fund Mar 2006 Jan 2018
Majority of Independent Directors on AMC Board Mar 2006 ?
Path to Profit (Investor Education Awareness Program) Aug 2009 Sep 2012
100 Independent Board of Trustees Oct 2010 ?
Mark to Market valuation in Liquid Fund, irrespective of the maturity Jul 2012 April 2020
ZERO Upfront Distributor Commission and uniform trail commission across all partners on Regular Plan Apr 2017 Sep 2018
TER based on AUM Slabs Feb 2017 April 2019
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Profile of Management Team - QAMC
Jimmy Patel MD CEO (2010) Jimmy Patel has over
3 decades of experience in the financial services
sector, and has held various key management
roles. Along with holding a Chartered
Accountants degree, Mr. Patel has also completed
his L.L.B. from the University of Mumbai. Mr.
Patel is a Fellow of the Chevening Standard
Chartered Financial Services Leadership Programme
at Kings College, London. He has been a Director
on Association of Mutual Funds In India (AMFI)
Board and also has been a member of various AMFI
and SEBI Committees Rina Nathani Chief Business
Officer (2020) Rina has over 20 years of
experience in building businesses, advising
companies and leading teams to successful
outcomes. Prior to joining Quantum AMC, Rina was
a Director in KPMGs Advisory Practice in the US
and Head Retail Businesses at Suminter India
Organics, India. She has done Masters in
Management Studies from Jamnalal Bajaj institute
of Management Studies (JBIMS). Malay Vora Head -
Legal Compliance (2008) Malay Vora has more
than 15 years of experience in Legal, Compliance
and Corporate Secretarial matters in the
financial service industry. He is a Commerce and
Law Graduate and an Associate Member of Institute
of Company Secretaries in India. Malay is the
Head of Legal Compliance and the Compliance
Officer for Quantum AMC. He has been associated
with Quantum since 2008. He has been a member of
SEBI and AMFI Committee.
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Sandeep Bhosle VP - Investor Interaction
(2011) Sandeep Bhosle has more than 18 years of
experience in Financial Services and Market
Research. He a Post Graduate in Marketing
Management. He has Completed Medium and Small
Scale Industries Management Development Program
from NMIMS. Prior to Quantum AMC, he has been
with ICICI Prudential and Birla Sunlife Insurance
and has been instrumental in developing Rural
Markets and New Initiatives, Process Quality,
Loyalty Programs, RR Initiatives. Rajendra
Gadiyar Head - Operations (2011) Rajendra brings
with him more than 2 decades of experience in
Operations and Fund Accounting in Mutual Funds
and Insurance. Prior to joining Quantum, he was
associated with various companies across
Insurance, Asset Management and Investment
Management sectors.
Meera Shetty Head - Investor Services
(2006) Meera Shetty has almost two decades of
experience in Investor Servicing. Before joining
Quantum, she was associated with Edelweiss AMC,
Principal AMC and UTI-TSL. She holds a degree in
Commerce and is an MBA with dual specialization
in Finance and Marketing.
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Portfolio Team
Sorbh Gupta (2011) - Equity Sorbh has more than
16 years of experience in equity research as well
as managing funds. At present hes the Fund
Manager for Quantum Long Term Equity Value Fund
Quantum Tax Saving Fund. Hes Qualified as a
Chartered Accountant and has completed all the 3
levels of CFA. Sorbh brings with him a wealth of
experience of having tracked varied sectors in
his previous work assignments. Prior to joining
Quantum, he was associated with Siddhesh Capital
Private Ltd.
Nilesh Shetty (2009) -Equity Nilesh has more than
18 years of experience in research. He has been a
part of Quantum Asset Management Company since
2009, and at present is the Fund Manager for
Quantum Long Term Equity Value Fund and Quantum
Multi Asset Fund of Funds. Nilesh is a qualified
CFA (Chartered Financial Analyst), ACMA (CIMA,
UK) and has completed his Masters in Management
Studies (Finance) from the Mumbai University.
Sneha Joshi (2015) Alternative Investment Sneha
has over 9 years of experience in economic,
credit and quantitative research. She holds a
Ph.D. in Economics and has earned an M.A. in
Economics from Gokhale Institute of Politics and
Economics. She joined Quantum AMC in August,
2015. Prior to joining Quantum, she was
associated with Credit Capital Research as a
fixed income research analyst.
Hitendra Parekh (2004) - Equity Hitendra has
close to 3 decades of experience in financial
services industry. Prior to working with Quantum,
he has been with the Unit Trust of India for 4
years and UTI Securities Ltd for 9 years. He has
completed his B.Com Masters in Financial
Management from Mumbai University.
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Portfolio Team
Pankaj Pathak (2013) Fixed Income Pankaj has
over 12 years of experience in Fixed income
investments and research. He joined Quantum Asset
Management Company in August, 2013 and at
present, is Fund Manager for Quantum Dynamic Bond
Fund and Quantum Liquid Fund. Prior to joining
Quantum, he was associated with Bank of
Maharashtra. Pankaj holds a Post Graduate Diploma
in Banking Finance from National Institute of
Bank Management, Pune and is qualified
CFA (Chartered Financial Analyst).
Ghazal Jain (2020) Gold/Commodities Ghazal has
over 4 years of experience in the field of
finance and alternative investments including of
Gold, Asset Allocation and Personal Finance
investment allocation. She has been with Quantum
Asset Management Company since January, 2019.
Prior to joining Quantum, she was associated with
Fox Education LLP and Bahubali Electronics
Private Limited
Chirag Mehta (2006) Gold/Commodities Chirag has
19 years of experience in the Indian commodities
markets. He also specializes in the field of
alternative investment strategies. He is a
qualified CAIA (Chartered Alternative Investment
Analyst), and has also completed his Masters in
Management Studies in Finance. He currently
manages funds largely in the field of alternative
investments that includes Gold Fund, a Multi
Asset Fund of Funds and an Equity fund of funds
and is also a Fund Manager of Quantum India ESG
Equity Fund. He joined the Quantum after gaining
hands on experience in the physical commodities
market during internship with Kotak Co. Ltd and
working on projects for the Federation of Indian
Commodities Exchanges.
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Criteria to Select a Good Fund House

• What is the background?
• What is the experience?

PEOPLE

• Is there a clearly defined investment philosophy
  across all market situations or is this a
  ride-the-wave, bull-market manager?

PHILOSOPHY

• What is the research and investment process and
  how reliable is it?

PROCESS

• Given the process, is the performance as
• predictable as it should be?

PERFORMANCE
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Diversify your investments with our easy
12-20-80 Asset Allocation Strategy
Please note the above is a suggested fund
allocation and not to be considered as an
investment advice or recommendation
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QEFOF PROCESS
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Usual Mutual Fund Investing Process
Out of 550 Equity schemes

• Risk of selecting
• Wrong Fund House
• Wrong Fund Manager
• Wrong Philosophy
• Wrong Portfolio
• Hassles of transacting in and tracking
• multiple funds
• Biased advice by advisor/distributor/financial
  planner for commissions

Suggestions from Distributors Bank RMs Own
Research
You choose 6 8 Funds
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Investing in Quantum Equity Fund of Funds

• Research based Fund selection

550 Equity schemes

• Funds with consistent performance across market
  cycles

• Balance between Risk Return
• Avoid Portfolio concentration

• Invest in diversified portfolio of Large and Mid
  Cap
• There is just one NAV to track and just one folio
  no hassles of making and tracking multiple
  investments

5 10 Funds in your portfolio
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Step 1 Filtration
Actively managed Equity Funds
No Sector Index Funds
Funds Disqualified
Diversified Equity Funds
With track record lt 3 years disqualified

• Diversified Equity Funds with a 3-Yr track record
• We see 3 year YoY returns, not CAGR
• At this stage the schemes are categorized as
  Large cap or Non Large cap
• Minimum 60 exposure to large caps required to be
  classified as Large cap scheme

• Top 5 stocks/holdings lt40 of the portfolio,
• Top 10 stocks/holdings lt60 of the portfolio
• Portfolio turnover lt100

Funds Disqualified
Selected list of funds
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Step 2 Scoring (Quantitative criteria)
Selected list of funds
Apply Phase I Quantitative criteria
Risk Adjusted Returns and Parameters Performance across Market Cycles Portfolio Valuation
Method Multiple parameters of risk adjusted returns that provide insights into performance of the fund with respect to the benchmark and peer comparison Each parameter provides us with some unique insight on fund managers performance and overall consistency Return Performance and Return consistency - We prefer fund managers who have participated in multiple market cycles and proved their mettle We also assign a fair share to the relative valuation attractiveness of the fund vis-à-vis its peer group
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Step 2 Scoring (Qualitative Criteria)
Selected list of funds
Apply Phase II Qualitative criteria
Investment Systems and Process Look for Red flags Consistency in Characteristics of the Portfolio
Method Detailed Questionnaire meetings Portfolio construction process Limit on exposure to a single stock or a particular sector Measurement against benchmark / peers tracking error What is the limit on cash holdings? Other Funds managed by the fund manager Back up on portfolio? Star fund manager risk Fund manager meetings provides us with an opportunity to verify if the Fund Manager walks the talks and we dont invest in funds where we see any red flags Subjective assessment Philosophy Strategy adherence Process orientation Team dependence Internal vs external research
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Portfolio Fund Review
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• Monthly review of chosen funds
• Quantitative Performance Ranking
• Portfolio Characteristics
• Adherence to mandate
• Qualitative assessment - Fund managers are met
  regularly
• Create and monitor a pool of investible funds
• Re-balancing is done yearly or opportunistically
  while deploying cash
• EXIT MECHANISM Portfolio Funds not meeting the
  criteria are given 6 months
• cooling period unless imperative to replace
  immediately on review

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Performance of Quantum Equity Fund of Funds
Fund Manager Mr. Chirag Mehta Work experience 19 years. He has been managing this fund since November 1, 2013.
Category of Scheme Fund of Funds Domestic.
Features Exposure to congruous and diligent performer from a cluttered equity fund universe of approximately 500 funds. The risk of wrong selection of funds is reduced as a basket of the finest schemes is chosen with the research expertise of Quantum. Single manager risk is eliminated as your money is exposed to diverse fund management styles. You can gain exposure to a basket of 6-7 diversified equity schemes with a mere 500 rupees. No hassles of making and tracking multiple investments. A single NAV is all you need to check. The fund can rebalance and reallocate your money from underperforming schemes to better. performing ones in a more tax efficient way.
Useful for Long term capital appreciation.
Quantum Equity Fund of Funds
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Performance of Quantum Equity Fund of Funds
Direct Plan Growth Option
The Scheme is managed by Mr. Chirag Mehta
effective from November 1, 2013.
Period Current Value of 10,000 Invested at the beginning of a given period Current Value of 10,000 Invested at the beginning of a given period Current Value of 10,000 Invested at the beginning of a given period
Period Tier 1 Benchmark Additional Benchmark Tier 1 Benchmark Additional Benchmark
Period Scheme Returns () SP BSE 200 TRI () SP BSE Sensex TRI () Scheme (Rs) SP BSE 200 TRI (Rs) SP BSE Sensex TRI (Rs)
1 year 16.24 17.92 15.65 11,634 11,802 11,574
3 years 15.91 18.13 17.49 15,579 16,493 16,224
5 years 12.15 14.88 15.73 17,750 20,015 20,766
7 years 10.83 11.70 11.20 20,557 21,714 21,037
10 years 14.38 14.26 13.76 38,343 37,960 36,316
Since Inception (20th July 2009) 13.91 12.95 12.44 51,733 46,490 43,912
Past performance may or may not be sustained in
the future. Load is not taken into consideration
in scheme returns calculation. Data as of 28th
February 2022.Different Plans shall have
different expense structure. Returns are net of
Total Expenses and calculated on the basis of
Compounded Annualized Growth Rate (CAGR). For
performance of other Schemes Managed by Mr.
Chirag Mehta please see slide number 27 and 28
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Performance of Quantum Equity Fund of Funds
Regular Plan Growth Option
The Scheme is managed by Mr. Chirag Mehta
effective from November 1, 2013.
Period Current Value of 10,000 Invested at the beginning of a given period Current Value of 10,000 Invested at the beginning of a given period Current Value of 10,000 Invested at the beginning of a given period
Period Tier 1 Benchmark Additional Benchmark Tier 1 Benchmark Additional Benchmark
Period Scheme Returns () SP BSE 200 TRI () SP BSE Sensex TRI () Scheme (Rs) SP BSE 200 TRI (Rs) SP BSE Sensex TRI (Rs)
1 year 15.97 17.92 15.65 11,606 11,802 11,574
3 years 15.63 18.13 17.49 15,466 16,493 16,224
Since Inception (1st April 2017) 11.41 14.32 15.28 17,015 19,316 20,123
Past performance may or may not be sustained in
the future. Load is not taken into consideration
in scheme returns calculation. Data as of 28th
February 2022. Different Plans shall have
different expense structure. Returns are net of
Total Expenses and calculated on the basis of
Compounded Annualized Growth Rate (CAGR). For
performance of other Schemes Managed by Mr.
Chirag Mehta please see slide number 27 and 28.
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Other Schemes managed by Mr. Chirag Mehta
Quantum Gold Savings Fund Mr. Chirag Mehta is
managing the scheme effective from May 19, 2011.
Ms. Ghazal Jain is co-managing the scheme
effective from June 2, 2020
Period Feb 26, 2021 to Feb 28, 2022 (1 year) Feb 26, 2021 to Feb 28, 2022 (1 year) Jan 31, 2019 to Jan 31, 2022 (3 years) Jan 31, 2019 to Jan 31, 2022 (3 years) Jan 31, 2017 to Jan 31, 2022 (5 years) Jan 31, 2017 to Jan 31, 2022 (5 years)
Scheme Returns () Tier 1 Benchmark Returns () Scheme Returns () Tier 1 Benchmark Returns () Scheme Returns () Tier 1 Benchmark Returns ()
Quantum Gold Savings Fund Direct Plan (Gr) 7.96 11.05 13.64 15.10 9.73 11.15
Quantum Gold Savings Fund Regular Plan (Gr) 7.80 11.05 13.50 15.10 NA NA
Past performance may or may not be sustained in
the future. Domestic Price of Gold. Data as of
28th February 2022 Returns are net of total
expenses and are calculated on the basis of
Compounded Annualized Growth Rate (CAGR).
Different Plans shall have different expense
structure. Mr. Chirag Mehta manages 4 Schemes of
the Quantum Mutual Fund.
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Other Schemes managed by Mr. Chirag Mehta
Quantum India ESG Equity Fund Mr. Chirag Mehta
effective from July 12, 2019.Co-managing with Ms.
Sneha Joshi effective from July 12, 2019
Period Feb 26, 2021 to Feb 28, 2022 (1 year) Feb 26, 2021 to Feb 28, 2022 (1 year) Feb 28, 2019 to Feb 28, 2022 (3 years) Feb 28, 2019 to Feb 28, 2022 (3 years) Feb 28, 2017 to Feb 28, 2022 (5 years) Feb 28, 2017 to Feb 28, 2022 (5 years)
Scheme Returns () Tier 1 Benchmark Returns () Scheme Returns () Tier 1 Benchmark Returns () Scheme Returns () Tier 1 Benchmark Returns ()
Quantum India ESG Equity Fund Direct Plan (Gr) 13.97 19.84 NA NA NA NA
Quantum India ESG Equity Fund Regular Plan (Gr) 13.12 19.84 NA NA NA NA
Past performance may or may not be sustained in
the future. Data as on 28th February
2022 Different Plans shall have different expense
structure. Returns are net of total expenses and
are calculated on the basis of Compounded
Annualized Growth Rate (CAGR). Mr. Chirag
Mehta manages 4 Schemes and Ms. Sneha Joshi 1
Schemes of the Quantum Mutual Fund. NIFTY 100
ESG TRI. Quantum Multi Asset Fund of Funds Mr.
Chirag Mehta Co-managing along with Mr. Nilesh
Shetty effective from July 11, 2012.
Period Feb 26, 2021 to Feb 28, 2022 (1 year) Feb 26, 2021 to Feb 28, 2022 (1 year) Feb 28, 2019 to Feb 28, 2022 (3 years) Feb 28, 2019 to Feb 28, 2022 (3 years) Feb 28, 2017 to Feb 28, 2022 (5 years) Feb 28, 2017 to Feb 28, 2022 (5 years)
Scheme Returns () Tier 1 Benchmark Returns () Scheme Returns () Tier 1 Benchmark Returns () Scheme Returns () Tier 1 Benchmark Returns ()
Quantum Multi Asset Fund of Funds Direct Plan (Gr) 6.95 10.31 9.25 12.93 8.19 11.42
Quantum Multi Asset Fund of Funds Regular Plan (Gr) 6.56 10.31 8.92 12.93 NA NA
Past performance may or may not be sustained in
the future. Load is not taken into consideration
in Scheme Return Calculation. Data as of 28th
February 2022. Indicates CRISIL Composite Bond
Fund Index (20) SP BSE SENSEX Total Return
Index (40) CRISIL Liquid Index (25)
Domestic price of Gold (15). It is a customized
index and it is rebalanced daily Returns are net
of total expenses and are calculated on the basis
of Compounded Annualized Growth Rate (CAGR).
Different plans shall have different expense
structure. Mr. Chirag Mehta manages 4 schemes of
the Quantum Mutual Fund. Mr. Nilesh Shetty
manages 2 schemes of the Quantum Mutual Fund.
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For additional information, please
contact Sandeep Bhosle VP- Customer
Interaction Email SandeepB_at_QuantumAMC.com
Mobile [phone] Office
91-22-6144-7804 Fax [phone] Website
www.QuantumAMC.com Quantum Asset Management
Company Private Limited Hoechst House, 6th Floor,
Nariman Point Mumbai-400021, India
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Disclaimer Terms of Use
The data in this presentation are meant for
general reading purpose only and are not meant to
serve as a professional guide/investment advice
for the readers. This presentation has been
prepared on the basis of publicly available
information, internally developed data and other
sources believed to be reliable. Whilst no action
has been suggested or offered based upon the
information provided herein, due care has been
taken to endeavor that the facts are accurate and
reasonable as on date. Quantum AMC shall make
modifications and alterations to the performance
and related data from time to time as may be
required as per SEBI Mutual Fund Regulations.
Readers are advised to seek independent
professional advice and arrive at an informed
investment decision before making any investment.
None of the Sponsors, the Investment Manager, the
Trustee, their respective Directors, Employees,
Affiliates or Representatives shall be liable for
any direct, indirect, special, incidental,
consequential, punitive or exemplary damages,
including lost profits arising in any way from
the data/information/opinions contained in this
presentation. The Quantum AMC shall make
modifications and alterations to the performance
and related data from time to time as may be
required. Please visit www.QuantumMF.com to
read scheme specific risk factors. Investors in
the Scheme are not being offered a guaranteed or
assured rate of return and there can be no
assurance that the schemes objective will be
achieved and the NAV of the scheme may go up and
down depending upon the factors and forces
affecting securities market. Investment in mutual
fund units involves investment risk such as
trading volumes, settlement risk, liquidity risk,
default risk including possible loss of capital.
Past performance of the sponsor / AMC / Mutual
Fund does not indicate the future performance of
the Scheme. Statutory Details Quantum Mutual
Fund (the Fund) has been constituted as a Trust
under the Indian Trusts Act, 1882. Sponsor
Quantum Advisors Private Limited. (liability of
Sponsor limited to Rs. 1,00,000/-). Trustee
Quantum Trustee Company Private Limited.
Investment Manager Quantum Asset Management
Company Private Limited. The Sponsor, Trustee and
Investment Manager are incorporated under the
Companies Act, 1956. 17th March 2022 Mutual fund
investments are subject to market risks, read all
scheme related documents carefully.
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