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Panel Discussion on Asset Classes of Equity, Debt & Gold
Speakers:
Sorbh Gupta – Fund Manager, Equity
Chirag Mehta – Sr. Fund Manager, Alternative Investments
December 17, 2020
1
Quantum Multi Asset Fund of Funds
February 2022
Private & Confidential
TABLE OF CONTENTS
About us
About Quantum Mutual Fund
QMAFOF Process
Performanceof the Fund
ABOUT US
4
➢ 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
Group Update – The Past 25 Years
Our Journey so Far
• Quantum Long Term
Equity Value Fund
completes 10-year
track record
• Quantum Long
Term Equity Value
Fund
• Quantum Liquid
Fund
• Set up Quantum
AMC
• Quantum Gold Fund
• Quantum Nifty ETF
• Quantum Tax Saving
Fund
• Quantum Gold
Savings Fund
• India’s first fully
paperless Online
Investing Platform
• Quantum Equity
Fund of Funds
• “Path to Profit”
Launched
• Quantum Multi
Asset Fund of
Funds
• Quantum Dynamic
Bond Fund
• Transactions through
Email, WhatsApp &
Fax
• Launch of
Regular Plans
• Quantum India
ESG Equity Fund
2005 2006 2008 2009 2011 2012 2015 2016 2017 2019
6
➢ 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
About our Sponsor– Quantum Advisors Pvt. Ltd.
ABOUT
QUANTUM MUTUAL FUND
8
➢ 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 India’s 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.
About Quantum Mutual Fund
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
Bachelor’s degree in commerce from Osmania University in 1983 and his Law
degree from Osmania University in 1986. He is a CFA Charter holder.
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 Accountant’s 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.
100% subsidiary of QAS
10
Always Putting Investors First, Even Above our Growth in AUM
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
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 Accountant’s 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 KPMG’s 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.
Profile of Management Team - QAMC
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, R&R 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.
Sorbh Gupta
(2011) –Equity
Sorbh has more than 16 years
of experience in equity research
as well as managing funds. At
present he’s the Fund Manager
for Quantum Long Term Equity
Value Fund & Quantum Tax
Saving Fund. He’s 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.
Portfolio Team
Portfolio Team
Pankaj Pathak (2013) –
Fixed Income
Pankaj has over 11 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)
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.
Ghazal Jain (2020) –
Gold/Commodities
Ghazal has over 5 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
• 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
Criteria to Select a Good Fund House
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
QMAFOF PROCESS
Indians Still Consuming: The Hungry Consumers!
*2022 YTD data, Two-wheeler sales data as on December‘ 21, Passenger Vehicle sales Data as on December’ 21, Refrigerator data as on November’ 21, Cement sales data as on December’ 21, Housing loans
data as on December’ 21, Latest cell phone connections data as on November’ 21 Source: 2 wheeler passenger vehicle and Cement – CMIE database; refrigerator production data – CMIE (IIP ) database,
home loans outstanding – RBI Data on Sectoral deployment of bank credit (November 2021). ** Annualized Returns..
Year
(March end)
2-wheelers
(Domestic sales Mn
units)
Passenger Vehicles
(Domestic sales Mn units)
Refrigerators
(Production Mn units)
Cement
(mn tn)
Home loans
outstanding
(Rs. bn)
2008 8,064,903 1.6 6.1 174 2,603
2009 8,439,786 1.6 6.7 187 2,794
2010 10,511,009 2.0 8.0 207 3,009
2011 13,302,335 2.5 8.7 216 3,499
2012 15,384,261 2.6 9.9 230 3,971
2013 15,753,563 2.7 11.1 248 4,567
2014 16,890,778 2.5 10.7 256 5,386
2015 18,433,027 2.6 12.0 270 6,285
2016 18,938,727 2.8 11.9 283 7,468
2017 19,928,958 3.1 13.1 280 8,601
2018 23,007,691 3.3 13.5 298 9,746
2019 24,460,688 3.4 15.6 337 11,601
2020 20,936,201 2.7 15.0 334 13,498
2021 18,397,111 2.5 11.2 294 14,591
2022 YTD * 13,456,857 1.8 7.0 252 15,214
CAGR (since 2008 till 2021)** 6.5% 3.8% 4.8% 4.1% 14.2%
India – Linked to Global Capital Flows, Not GDP
As a % of
GDP
Private
Consumption
Exports of
Goods & Services
India
58.8 19.2
China
39.3 19.6
Indonesia
57.7 19.1
Thailand
50.7 68.9
Malaysia
54.9 67.7
Brazil
64.0 12.5
Russia
51.5 25.7
Source: World Bank database
Updated as of March 31, 2021
GDP https://data.worldbank.org/indicator/NY.GDP.MKTP.CD
Pvt consumption https://data.worldbank.org/indicator/NE.CON.PRVT.CD
Exports (Goods & Services) https://data.worldbank.org/indicator/NE.EXP.GNFS.CD
Lower global links
2021
Sensex
Bonds
3%
Gold
-6%
There have been years when equity markets had a brilliant run, years when only bonds were
dependable, and years when gold shined the brightest, and these periods did not typically overlap
Past performance may or may not sustained in future
* YTD - Jan to February 2022
The chart ranks the best to worst performing indexes per calendar year from top to bottom
Past performance may or may not be sustained in future.
Indices Used: S&P BSE Sensex; MCX Gold Commodity Index and
CRISIL Composite Bond Fund Index
Source: Bloomberg
2006 207 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Sensex
49%
Sensex
49%
Gold
26%
Sensex
83%
Gold
23%
Gold
32%
Sensex
28%
Sensex
11%
Sensex
32%
Bonds
9%
Bonds
13%
Sensex
30%
Gold
8%
Gold
16%
Gold
28%
Sensex
23%
Gold
5.39%
Gold
20%
Gold
16%
Bonds
9%
Gold
24%
Sensex
19%
Bonds
7%
Gold
12%
Bonds
4%
Bonds
14%
Sensex
-4%
Gold
11%
Gold
5%
Sensex
7%
Sensex
14%
Bonds
17%
Bonds
3%
Gold
0.27%
Bonds
4%
Bonds
7%
Sensex
-52%
Bonds
4%
Bonds
5%
Sensex
-24%
Bonds
9%
Gold
-5%
Gold
-8%
Gold
-7%
Sensex
3%
Bonds
5%
Bonds
6%
Bonds
11%
Sensex
12%
Gold
-6%
Bonds
-3.28%
Imagine someone holding an all equity
portfolio in 2008, or holding none in the
equity rally that followed?
20
Asset Classes Grow and Contract in Cycles
Taking money from an asset class
doing well and putting it an asset
class doing bad
Reduces dependency on a single
asset class to generate returns
Eliminates the need to predict the
near-term future direction of the
financial markets
EQUITY
Long term
growth
FIXED INCOME
Regular income
and stability
GOLD
Can be used against
macro events and a
store of value
Key to Successful Investing : Asset Allocation
Risk-Return
(2004-2021)
Equity (40) +Debt (40)
+Gold (20)
Equity + Debt** Equity Debt Gold
Avg. Annualized
Returns 11.06% 11.06% 12.76% 7.08% 11.42%
Annualized SD 9.25% 13.32% 21.80% 3.24% 17.16%
VAR -15.27% -21.97% -35.97% -5.35% -28.32%
Maximum Drawdown (0.21) (0.36) (0.56) (0.06) (0.25)
Sharpe Ratio
0.463 0.322 0.275 0.096 0.271
If You Compound your Money at 12% per Year you are Better off than an
Investor who Makes 25% in One Year and Loses 20% in the Next
Time frame is November 2004 to February 2022 The period is taken from 2004 since the asset allocation
weights are calculated based on normalizing the historical monthly equity and debt indicators. Given the
normalization time frame used in the strategy, data availability for certain parameters beyond the time
frame analyzed was a constraint. Compiled by Quantum AMC
*Equity-Debt-Gold in ratio of 40-40-20. **Equity-Debt dynamically allocated in 80-20 range
Based on Sensex TRI, Crisil Composite Bond fund index, and Domestic Gold Prices
Note: Past performance may or may not be sustained in the future
The most diversified strategy with risky equity, stable
debt and gold allocation, yields similar returns with
the lower volatility, compared to a pure equity strategy
Quantum Multi Asset Fund of Funds
• Diversifies across asset classes – which mitigates risk inherent of a particular asset
class
• Reduces dependency on a single asset class to generate returns
• No need to time markets. Invest in peace – the Fund manager strategically positions the
portfolio to generate optimal returns while watching risks
• Follows regular rebalancing approach within each asset class which allows investors to
“buy-low sell-high”
• Better and a more tax efficient option for investors who park their money in long term
FDs (3 years and above)
• Aims at reducing volatility of returns
Note: Unlike Fixed Deposit with Banks there is no capital protection guarantee or assurance of any return in Quantum Multi Asset Fund of Fund. Investments in Quantum
Multi Asset Fund of Funds as compared to Fixed Deposit carry “moderately” high risk and is subject to market risk
Asset Allocation
Asset class Range of Exposure Fund
Equity 25-65%
Quantum Long Term Equity Value Fund,
Quantum NIFTY ETF
Debt 25-65%
Quantum Liquid Fund,
Quantum Dynamic Bond Fund
Gold 10-20% Quantum Gold Fund
➢Invests across asset classes : Equity, Debt and Gold
➢Diversification across asset classes and within asset classes by investments will be done
through schemes of Quantum mutual fund or other schemes of Quantum Mutual Fund
25
Dynamic Asset Allocation - Process
Ideal asset allocation is not static. Asset allocation needs to change depending on an
asset class’s relative performance vis-à-vis other asset class. The fund follows
dynamic portfolio allocation technique.
Portfolio allocation between the units of equity, debt/ money markets and gold
schemes broadly depends on the relative valuations between the asset classes.
Relative valuations are determined by evaluation of various influencing factors:
• Price/Earnings Ratio relative to historical averages;
• The relationship between Earnings Yield to Bond Yield relative to historical
averages;
• Macroeconomic factors prevailing globally, and within India.
Quantum
Multi Asset
Fund of
Funds
Mr. Chirag Mehta
Work experience: 19 years.
Mr. Nilesh Shetty
Work experience: 18.2 years. Both have been managing this fund since July 11, 2012.
Fund of Funds Domestic.
Diversifies across asset classes - which mitigates risk inherent of a particular asset class and
provides risk adjusted returns.
Reduces dependency on a single asset class to generate returns.
No need to time markets. Invest in peace - the Fund manager strategically positions the portfolio
to generate optimal returns while watching risks.
Follows regular rebalancing approach within each asset class which allows Investors to "buy-low
sell-high”.
Better and a more tax efficient option for investors who park their money in long term #FDs (3
years and above).
Aims at reducing volatility of returns.
Long term capital appreciation and current income.
More tax efficient investment than long term Fixed Deposit (more than 3 years).
Fund
Manager
Category of
Scheme
Features
Useful for
Performance of the Fund
Performance of Quantum Multi Asset Fund of Funds
Direct Plan – Growth Option
The Scheme is co-managed by Mr. Chirag Mehta and Mr. Nilesh Shetty since July 11, 2012.
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
Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR). – #Benchmark has been changed from CRISIL Composite Bond Fund Index (40%) + S&P BSE
SENSEX Total Return Index (40%) + Domestic price of Gold (15%) to CRISIL Composite Bond Fund Index (20%) + S&P BSE SENSEX Total Return Index (40%) + CRISIL Liquid Index(25%) +
Domestic price of Gold (15%) with effective from April 1, 2021. It is a customized index and it is rebalanced daily. For performance of other Schemes Managed by Mr. Chirag Mehta
please see slide number 34 and 35 and for performance of other Schemes Managed by Mr. Nilesh Shetty please see slide number 33.
Period
Current Value of 10,000
Invested
at the beginning of a given
period
Scheme
Returns (%)
0
Tier 1
Benchmark
Returns
(%)#
S&P BSE
Sensex TRI
Returns (%)
Scheme
(Rs)
Tier 1
Benchmark
(Rs)#
S&P BSE
Sensex TRI
(Rs.)
1 year 6.95% 10.31% 15.65% 10,699 11,036 11,574
3 years 9.25% 12.93% 17.49% 13,044 14,409 16,224
5 years 8.19% 11.42% 15.73% 14,823 17,177 20,766
7 years 8.13% 9.63% 11.20% 17,297 19,052 21,037
Since Inception (11th July 2012) 9.30% 10.52% 14.36% 23,574 26,239 36,482
SIP Performance - Direct Plan - Growth Option
Past performance may or may not be sustained in the future. Data as of 28th February 2022
Load is not taken into consideration using applicable NAV on the SIP day (5th of every month). Return on SIP and Benchmark are annualized and compounded investment return for cash flows
resulting out of uniform and regular monthly subscriptions as on 5th day of every month (in case 5th is a non-Business Day, then the next Business Day) and have been worked out using the Excel
spreadsheet function known as XIRR. XIRR calculates the internal rate of return for series of cash flow. Assuming Rs 10,000 invested every month on 5th day of every month (in case 5th is a non-
Business Day, then the next Business Day), the 1 year, 3 years, 5 years, 7 years and since inception returns from SIP are annualized and compounded investment return computed on the assumption
that SIP installments were received across the time periods from the start date of SIP from the end of the relevant period viz. 1 year, 3 years, 5 years, 7 years and since Inception. – #Benchmark has
been changed from CRISIL Composite Bond Fund Index (40%) + S&P BSE SENSEX Total Return Index (40%) + Domestic price of Gold (15%) to CRISIL Composite Bond Fund Index (20%) + S&P BSE
SENSEX Total Return Index (40%) + CRISIL Liquid Index(25%) + Domestic price of Gold (15%) with effective from April 1, 2021. It is a customized index and it is rebalanced daily.
SIP Investments
Since Inception
SIP
7 year SIP 5 year SIP 3 year SIP 1 year SIP
Total Amount Invested
(Rs.‘000)
1150 840 600 360 120
Mkt Value (Rs.‘000) 1780.1 1142 745.75 413.76 122.8
Tier 1 Benchmark # (`‘000) 1963.1 1254 806.57 432.34 124.3
S&P BSE Sensex TRI (‘000) 2353.6 1443.7 902.64 481.08 123.8
Scheme Returns (XIRR*) (%) 8.87% 8.67% 8.68% 9.34% 4.41%
Tier 1 Benchmark (XIRR*) #
(%)
10.81% 11.30% 11.85% 12.38% 6.98%
S&P BSE Sensex TRI (%) 14.39% 15.26% 16.44% 19.96% 6.05%
Performance of Quantum Multi Asset Fund of Funds, Regular
Plan – Growth Option
The Scheme is co-managed by Mr. Chirag Mehta and Mr. Nilesh Shetty since July 11, 2012.
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
Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR). – #Benchmark has been changed from CRISIL Composite Bond Fund Index (40%) + S&P BSE
SENSEX Total Return Index (40%) + Domestic price of Gold (15%) to CRISIL Composite Bond Fund Index (20%) + S&P BSE SENSEX Total Return Index (40%) + CRISIL Liquid Index(25%) +
Domestic price of Gold (15%) with effective from April 1, 2021. It is a customized index and it is rebalanced daily. For performance of other Schemes Managed by Mr. Chirag Mehta
please see slide number 34 and 35 and for performance of other Schemes Managed by Mr. Nilesh Shetty please see slide number 33.
Period
Current Value of 10,000
Invested
at the beginning of a given
period
Scheme
Returns (%)
0
Tier 1
Benchmark
Returns
(%)#
S&P BSE
Sensex TRI
Returns (%)
Scheme
(Rs)
Tier 1
Benchmark
(Rs)#
S&P BSE
Sensex TRI
(Rs.)
1 year 6.56% 10.31% 15.65% 10,659 11,036 11,574
3 years 8.92% 12.93% 17.49% 12,925 14,409 16,224
Since Inception (1st April 2017) 7.89% 11.37% 15.28% 14,530 16,984 20,123
Asset Class Performance and Quantum Multi Asset Fund of
Funds
The performance shown in the graph should be reviewed in conjunction with detailed performance of the scheme provided on slide number 27,
Time Period: July 11,2012 to 28th February 2022.
Note: Past performance may or may not be sustained in future.
Quantum Multi Asset Fund of Funds v/s Fixed Deposit - Growth
The comparison with Fixed Deposits has been given for the purpose of the general information only and not a recommendation to invest. Investments in Quantum Multi Asset
Fund of Funds / mutual funds should not be construed as a promise, guarantee on or a forecast of any minimum returns. Unlike fixed deposit with Banks there is no capital
protection guarantee or assurance of any return in Quantum Multi Asset Fund of Funds / mutual funds investment. Investment in Quantum Multi Asset Fund of Funds as
compared to Fixed Deposits carry moderately high risk, different tax treatment and subject to market risk and any investment decision needs to be taken only after consulting
the Tax Consultant or Financial Advisor. Source – Bloomberg, Quantum AMC
The performance shown in the graph should be reviewed in conjunction with detailed performance of the scheme provided on slide number 27.
32
Quantum Multi Asset Fund of Funds v/s 1 Year Fixed Deposit
The comparison with Fixed Deposits has been given for the purpose of the general information only and not a recommendation to invest. Investments in Quantum
Multi Asset Fund of Funds / mutual funds should not be construed as a promise, guarantee on or a forecast of any minimum returns. Unlike fixed deposit with
Banks there is no capital protection guarantee or assurance of any return in Quantum Multi Asset Fund of Funds / mutual funds investment. Investment in Quantum
Multi Asset Fund of Funds as compared to Fixed Deposits carry moderately high risk, different tax treatment and subject to market risk and any investment
decision needs to be taken only after consulting the Tax Consultant or Financial Advisor. Source – Bloomberg, Quantum AMC
The performance shown in the graph should be reviewed in conjunction with detailed performance of the scheme provided on slide number 27.
Other Schemes managed by Nilesh Shetty
Quantum Long Term Equity Value Fund
Mr. Sorbh Gupta effective from December 1, 2020.Co-managing with Mr. Nilesh Shetty effective from March 28, 2011
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
#S&P BSE 500 TRI ## BSE 200 TRI. Returns are net of total expenses and are calculated on the basis of Compounded Annualized Growth Rate (CAGR).
Mr. Sorbh Gupta & Mr. Nilesh Shetty manages 2 schemes of Quantum Mutual Fund.
Period Feb 26, 2021 to Feb 28, 2022 (1 year) Feb 28, 2019 to Feb 28, 2022 (3 years) Feb 28, 2017 to Feb 28, 2022 (5 years)
Scheme
Tier 1
Benchmark
Tier 2
Benchmark
Scheme
Tier 1
Benchmark
Tier 2
Benchmark
Scheme
Tier 1
Benchmark
Tier 2
Benchmark
Returns (%) Returns (%) #
Returns (%)
##
Returns (%) Returns (%) #
Returns (%)
##
Returns (%) Returns (%) #
Returns (%)
##
Quantum Long Term Value Fund-
Direct Plan (Gr)
12.12% 18.67% 17.92% 11.50% 18.45% 18.13% 9.26% 14.72% 14.88%
Quantum Long Term Value Fund-
Regular Plan (Gr)
11.56% 18.67% 17.92% 10.94% 18.45% 18.13% N.A. N.A. N.A.
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).
Mr. Chirag Mehta manages 4 Schemes
Quantum Gold Savings Fund
Mr. Chirag Mehta is managing the scheme effective from May 19, 2011.
Other Schemes managed by Mr. Chirag Mehta
Period Feb 26, 2021 to Feb 28, 2022 (1 year) Feb 28, 2019 to Feb 28, 2022 (3 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 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
Quantum India ESG Equity Fund
Mr. Chirag Mehta effective from July 12, 2019.Co-managing with Ms. Sneha Joshi effective from July 12, 2019
Past performance may or may not be sustained in the future. Data as on of 28th February 2022
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.
Past performance may or may not be sustained in the future. Data as on of 28th February 2022
Load is not taken into consideration in Scheme Return Calculation. #BSE 200 TRI Returns are net of total expenses and are calculated on the basis of Compounded Annualized Growth Rate
(CAGR). Mr. Chirag Mehta manages 4 schemes of the Quantum Mutual Fund.
Quantum Equity Fund of Funds
Mr. Chirag Mehta is the Fund Manager effective from November 01, 2013.
Other Schemes managed by Mr. Chirag Mehta
Period Feb 26, 2021 to Feb 28, 2022 (1 year) Feb 28, 2019 to Feb 28, 2022 (3 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
Period Feb 26, 2021 to Feb 28, 2022 (1 year) Feb 28, 2019 to Feb 28, 2022 (3 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 Equity Fund of Funds – Direct
Plan (Gr)
16.24% 17.92% 15.91% 18.13% 12.15% 14.88%
Quantum Equity Fund of Funds –
Regular Plan (Gr)
15.97% 17.92% 15.63% 18.13% NA NA
Product Label
Product Label
Product Label
Product Label
Product Label
Product Label
For additional information, please contact:
Quantum Asset Management Company Private Limited
Hoechst House, 6th Floor,
Nariman Point
Mumbai-400021, India
Sandeep Bhosle
VP- Customer Interaction
Email: SandeepB@QuantumAMC.com
Mobile: +91- 98-209-43101
Office :+91-22-6144-7804
Fax :+91-22-2285-4318
Website: www.QuantumAMC.com
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.
Thank You
44

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Quantum Multi Asset Fund of Funds

  • 1. Panel Discussion on Asset Classes of Equity, Debt & Gold Speakers: Sorbh Gupta – Fund Manager, Equity Chirag Mehta – Sr. Fund Manager, Alternative Investments December 17, 2020 1 Quantum Multi Asset Fund of Funds February 2022 Private & Confidential
  • 2. TABLE OF CONTENTS About us About Quantum Mutual Fund QMAFOF Process Performanceof the Fund
  • 4. 4 ➢ 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 Group Update – The Past 25 Years
  • 5. Our Journey so Far • Quantum Long Term Equity Value Fund completes 10-year track record • Quantum Long Term Equity Value Fund • Quantum Liquid Fund • Set up Quantum AMC • Quantum Gold Fund • Quantum Nifty ETF • Quantum Tax Saving Fund • Quantum Gold Savings Fund • India’s first fully paperless Online Investing Platform • Quantum Equity Fund of Funds • “Path to Profit” Launched • Quantum Multi Asset Fund of Funds • Quantum Dynamic Bond Fund • Transactions through Email, WhatsApp & Fax • Launch of Regular Plans • Quantum India ESG Equity Fund 2005 2006 2008 2009 2011 2012 2015 2016 2017 2019
  • 6. 6 ➢ 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 About our Sponsor– Quantum Advisors Pvt. Ltd.
  • 8. 8 ➢ 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 India’s 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. About Quantum Mutual Fund
  • 9. 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 Bachelor’s degree in commerce from Osmania University in 1983 and his Law degree from Osmania University in 1986. He is a CFA Charter holder. 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 Accountant’s 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. 100% subsidiary of QAS
  • 10. 10 Always Putting Investors First, Even Above our Growth in AUM 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
  • 11. 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 Accountant’s 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 KPMG’s 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. Profile of Management Team - QAMC
  • 12. 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, R&R 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.
  • 13. Sorbh Gupta (2011) –Equity Sorbh has more than 16 years of experience in equity research as well as managing funds. At present he’s the Fund Manager for Quantum Long Term Equity Value Fund & Quantum Tax Saving Fund. He’s 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. Portfolio Team
  • 14. Portfolio Team Pankaj Pathak (2013) – Fixed Income Pankaj has over 11 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) 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. Ghazal Jain (2020) – Gold/Commodities Ghazal has over 5 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
  • 15. • 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 Criteria to Select a Good Fund House
  • 16. 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
  • 18. Indians Still Consuming: The Hungry Consumers! *2022 YTD data, Two-wheeler sales data as on December‘ 21, Passenger Vehicle sales Data as on December’ 21, Refrigerator data as on November’ 21, Cement sales data as on December’ 21, Housing loans data as on December’ 21, Latest cell phone connections data as on November’ 21 Source: 2 wheeler passenger vehicle and Cement – CMIE database; refrigerator production data – CMIE (IIP ) database, home loans outstanding – RBI Data on Sectoral deployment of bank credit (November 2021). ** Annualized Returns.. Year (March end) 2-wheelers (Domestic sales Mn units) Passenger Vehicles (Domestic sales Mn units) Refrigerators (Production Mn units) Cement (mn tn) Home loans outstanding (Rs. bn) 2008 8,064,903 1.6 6.1 174 2,603 2009 8,439,786 1.6 6.7 187 2,794 2010 10,511,009 2.0 8.0 207 3,009 2011 13,302,335 2.5 8.7 216 3,499 2012 15,384,261 2.6 9.9 230 3,971 2013 15,753,563 2.7 11.1 248 4,567 2014 16,890,778 2.5 10.7 256 5,386 2015 18,433,027 2.6 12.0 270 6,285 2016 18,938,727 2.8 11.9 283 7,468 2017 19,928,958 3.1 13.1 280 8,601 2018 23,007,691 3.3 13.5 298 9,746 2019 24,460,688 3.4 15.6 337 11,601 2020 20,936,201 2.7 15.0 334 13,498 2021 18,397,111 2.5 11.2 294 14,591 2022 YTD * 13,456,857 1.8 7.0 252 15,214 CAGR (since 2008 till 2021)** 6.5% 3.8% 4.8% 4.1% 14.2%
  • 19. India – Linked to Global Capital Flows, Not GDP As a % of GDP Private Consumption Exports of Goods & Services India 58.8 19.2 China 39.3 19.6 Indonesia 57.7 19.1 Thailand 50.7 68.9 Malaysia 54.9 67.7 Brazil 64.0 12.5 Russia 51.5 25.7 Source: World Bank database Updated as of March 31, 2021 GDP https://data.worldbank.org/indicator/NY.GDP.MKTP.CD Pvt consumption https://data.worldbank.org/indicator/NE.CON.PRVT.CD Exports (Goods & Services) https://data.worldbank.org/indicator/NE.EXP.GNFS.CD Lower global links
  • 20. 2021 Sensex Bonds 3% Gold -6% There have been years when equity markets had a brilliant run, years when only bonds were dependable, and years when gold shined the brightest, and these periods did not typically overlap Past performance may or may not sustained in future * YTD - Jan to February 2022 The chart ranks the best to worst performing indexes per calendar year from top to bottom Past performance may or may not be sustained in future. Indices Used: S&P BSE Sensex; MCX Gold Commodity Index and CRISIL Composite Bond Fund Index Source: Bloomberg 2006 207 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Sensex 49% Sensex 49% Gold 26% Sensex 83% Gold 23% Gold 32% Sensex 28% Sensex 11% Sensex 32% Bonds 9% Bonds 13% Sensex 30% Gold 8% Gold 16% Gold 28% Sensex 23% Gold 5.39% Gold 20% Gold 16% Bonds 9% Gold 24% Sensex 19% Bonds 7% Gold 12% Bonds 4% Bonds 14% Sensex -4% Gold 11% Gold 5% Sensex 7% Sensex 14% Bonds 17% Bonds 3% Gold 0.27% Bonds 4% Bonds 7% Sensex -52% Bonds 4% Bonds 5% Sensex -24% Bonds 9% Gold -5% Gold -8% Gold -7% Sensex 3% Bonds 5% Bonds 6% Bonds 11% Sensex 12% Gold -6% Bonds -3.28% Imagine someone holding an all equity portfolio in 2008, or holding none in the equity rally that followed? 20 Asset Classes Grow and Contract in Cycles
  • 21. Taking money from an asset class doing well and putting it an asset class doing bad Reduces dependency on a single asset class to generate returns Eliminates the need to predict the near-term future direction of the financial markets EQUITY Long term growth FIXED INCOME Regular income and stability GOLD Can be used against macro events and a store of value Key to Successful Investing : Asset Allocation
  • 22. Risk-Return (2004-2021) Equity (40) +Debt (40) +Gold (20) Equity + Debt** Equity Debt Gold Avg. Annualized Returns 11.06% 11.06% 12.76% 7.08% 11.42% Annualized SD 9.25% 13.32% 21.80% 3.24% 17.16% VAR -15.27% -21.97% -35.97% -5.35% -28.32% Maximum Drawdown (0.21) (0.36) (0.56) (0.06) (0.25) Sharpe Ratio 0.463 0.322 0.275 0.096 0.271 If You Compound your Money at 12% per Year you are Better off than an Investor who Makes 25% in One Year and Loses 20% in the Next Time frame is November 2004 to February 2022 The period is taken from 2004 since the asset allocation weights are calculated based on normalizing the historical monthly equity and debt indicators. Given the normalization time frame used in the strategy, data availability for certain parameters beyond the time frame analyzed was a constraint. Compiled by Quantum AMC *Equity-Debt-Gold in ratio of 40-40-20. **Equity-Debt dynamically allocated in 80-20 range Based on Sensex TRI, Crisil Composite Bond fund index, and Domestic Gold Prices Note: Past performance may or may not be sustained in the future The most diversified strategy with risky equity, stable debt and gold allocation, yields similar returns with the lower volatility, compared to a pure equity strategy
  • 23. Quantum Multi Asset Fund of Funds • Diversifies across asset classes – which mitigates risk inherent of a particular asset class • Reduces dependency on a single asset class to generate returns • No need to time markets. Invest in peace – the Fund manager strategically positions the portfolio to generate optimal returns while watching risks • Follows regular rebalancing approach within each asset class which allows investors to “buy-low sell-high” • Better and a more tax efficient option for investors who park their money in long term FDs (3 years and above) • Aims at reducing volatility of returns Note: Unlike Fixed Deposit with Banks there is no capital protection guarantee or assurance of any return in Quantum Multi Asset Fund of Fund. Investments in Quantum Multi Asset Fund of Funds as compared to Fixed Deposit carry “moderately” high risk and is subject to market risk
  • 24. Asset Allocation Asset class Range of Exposure Fund Equity 25-65% Quantum Long Term Equity Value Fund, Quantum NIFTY ETF Debt 25-65% Quantum Liquid Fund, Quantum Dynamic Bond Fund Gold 10-20% Quantum Gold Fund ➢Invests across asset classes : Equity, Debt and Gold ➢Diversification across asset classes and within asset classes by investments will be done through schemes of Quantum mutual fund or other schemes of Quantum Mutual Fund
  • 25. 25 Dynamic Asset Allocation - Process Ideal asset allocation is not static. Asset allocation needs to change depending on an asset class’s relative performance vis-à-vis other asset class. The fund follows dynamic portfolio allocation technique. Portfolio allocation between the units of equity, debt/ money markets and gold schemes broadly depends on the relative valuations between the asset classes. Relative valuations are determined by evaluation of various influencing factors: • Price/Earnings Ratio relative to historical averages; • The relationship between Earnings Yield to Bond Yield relative to historical averages; • Macroeconomic factors prevailing globally, and within India.
  • 26. Quantum Multi Asset Fund of Funds Mr. Chirag Mehta Work experience: 19 years. Mr. Nilesh Shetty Work experience: 18.2 years. Both have been managing this fund since July 11, 2012. Fund of Funds Domestic. Diversifies across asset classes - which mitigates risk inherent of a particular asset class and provides risk adjusted returns. Reduces dependency on a single asset class to generate returns. No need to time markets. Invest in peace - the Fund manager strategically positions the portfolio to generate optimal returns while watching risks. Follows regular rebalancing approach within each asset class which allows Investors to "buy-low sell-high”. Better and a more tax efficient option for investors who park their money in long term #FDs (3 years and above). Aims at reducing volatility of returns. Long term capital appreciation and current income. More tax efficient investment than long term Fixed Deposit (more than 3 years). Fund Manager Category of Scheme Features Useful for Performance of the Fund
  • 27. Performance of Quantum Multi Asset Fund of Funds Direct Plan – Growth Option The Scheme is co-managed by Mr. Chirag Mehta and Mr. Nilesh Shetty since July 11, 2012. 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 Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR). – #Benchmark has been changed from CRISIL Composite Bond Fund Index (40%) + S&P BSE SENSEX Total Return Index (40%) + Domestic price of Gold (15%) to CRISIL Composite Bond Fund Index (20%) + S&P BSE SENSEX Total Return Index (40%) + CRISIL Liquid Index(25%) + Domestic price of Gold (15%) with effective from April 1, 2021. It is a customized index and it is rebalanced daily. For performance of other Schemes Managed by Mr. Chirag Mehta please see slide number 34 and 35 and for performance of other Schemes Managed by Mr. Nilesh Shetty please see slide number 33. Period Current Value of 10,000 Invested at the beginning of a given period Scheme Returns (%) 0 Tier 1 Benchmark Returns (%)# S&P BSE Sensex TRI Returns (%) Scheme (Rs) Tier 1 Benchmark (Rs)# S&P BSE Sensex TRI (Rs.) 1 year 6.95% 10.31% 15.65% 10,699 11,036 11,574 3 years 9.25% 12.93% 17.49% 13,044 14,409 16,224 5 years 8.19% 11.42% 15.73% 14,823 17,177 20,766 7 years 8.13% 9.63% 11.20% 17,297 19,052 21,037 Since Inception (11th July 2012) 9.30% 10.52% 14.36% 23,574 26,239 36,482
  • 28. SIP Performance - Direct Plan - Growth Option Past performance may or may not be sustained in the future. Data as of 28th February 2022 Load is not taken into consideration using applicable NAV on the SIP day (5th of every month). Return on SIP and Benchmark are annualized and compounded investment return for cash flows resulting out of uniform and regular monthly subscriptions as on 5th day of every month (in case 5th is a non-Business Day, then the next Business Day) and have been worked out using the Excel spreadsheet function known as XIRR. XIRR calculates the internal rate of return for series of cash flow. Assuming Rs 10,000 invested every month on 5th day of every month (in case 5th is a non- Business Day, then the next Business Day), the 1 year, 3 years, 5 years, 7 years and since inception returns from SIP are annualized and compounded investment return computed on the assumption that SIP installments were received across the time periods from the start date of SIP from the end of the relevant period viz. 1 year, 3 years, 5 years, 7 years and since Inception. – #Benchmark has been changed from CRISIL Composite Bond Fund Index (40%) + S&P BSE SENSEX Total Return Index (40%) + Domestic price of Gold (15%) to CRISIL Composite Bond Fund Index (20%) + S&P BSE SENSEX Total Return Index (40%) + CRISIL Liquid Index(25%) + Domestic price of Gold (15%) with effective from April 1, 2021. It is a customized index and it is rebalanced daily. SIP Investments Since Inception SIP 7 year SIP 5 year SIP 3 year SIP 1 year SIP Total Amount Invested (Rs.‘000) 1150 840 600 360 120 Mkt Value (Rs.‘000) 1780.1 1142 745.75 413.76 122.8 Tier 1 Benchmark # (`‘000) 1963.1 1254 806.57 432.34 124.3 S&P BSE Sensex TRI (‘000) 2353.6 1443.7 902.64 481.08 123.8 Scheme Returns (XIRR*) (%) 8.87% 8.67% 8.68% 9.34% 4.41% Tier 1 Benchmark (XIRR*) # (%) 10.81% 11.30% 11.85% 12.38% 6.98% S&P BSE Sensex TRI (%) 14.39% 15.26% 16.44% 19.96% 6.05%
  • 29. Performance of Quantum Multi Asset Fund of Funds, Regular Plan – Growth Option The Scheme is co-managed by Mr. Chirag Mehta and Mr. Nilesh Shetty since July 11, 2012. 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 Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR). – #Benchmark has been changed from CRISIL Composite Bond Fund Index (40%) + S&P BSE SENSEX Total Return Index (40%) + Domestic price of Gold (15%) to CRISIL Composite Bond Fund Index (20%) + S&P BSE SENSEX Total Return Index (40%) + CRISIL Liquid Index(25%) + Domestic price of Gold (15%) with effective from April 1, 2021. It is a customized index and it is rebalanced daily. For performance of other Schemes Managed by Mr. Chirag Mehta please see slide number 34 and 35 and for performance of other Schemes Managed by Mr. Nilesh Shetty please see slide number 33. Period Current Value of 10,000 Invested at the beginning of a given period Scheme Returns (%) 0 Tier 1 Benchmark Returns (%)# S&P BSE Sensex TRI Returns (%) Scheme (Rs) Tier 1 Benchmark (Rs)# S&P BSE Sensex TRI (Rs.) 1 year 6.56% 10.31% 15.65% 10,659 11,036 11,574 3 years 8.92% 12.93% 17.49% 12,925 14,409 16,224 Since Inception (1st April 2017) 7.89% 11.37% 15.28% 14,530 16,984 20,123
  • 30. Asset Class Performance and Quantum Multi Asset Fund of Funds The performance shown in the graph should be reviewed in conjunction with detailed performance of the scheme provided on slide number 27, Time Period: July 11,2012 to 28th February 2022. Note: Past performance may or may not be sustained in future.
  • 31. Quantum Multi Asset Fund of Funds v/s Fixed Deposit - Growth The comparison with Fixed Deposits has been given for the purpose of the general information only and not a recommendation to invest. Investments in Quantum Multi Asset Fund of Funds / mutual funds should not be construed as a promise, guarantee on or a forecast of any minimum returns. Unlike fixed deposit with Banks there is no capital protection guarantee or assurance of any return in Quantum Multi Asset Fund of Funds / mutual funds investment. Investment in Quantum Multi Asset Fund of Funds as compared to Fixed Deposits carry moderately high risk, different tax treatment and subject to market risk and any investment decision needs to be taken only after consulting the Tax Consultant or Financial Advisor. Source – Bloomberg, Quantum AMC The performance shown in the graph should be reviewed in conjunction with detailed performance of the scheme provided on slide number 27.
  • 32. 32 Quantum Multi Asset Fund of Funds v/s 1 Year Fixed Deposit The comparison with Fixed Deposits has been given for the purpose of the general information only and not a recommendation to invest. Investments in Quantum Multi Asset Fund of Funds / mutual funds should not be construed as a promise, guarantee on or a forecast of any minimum returns. Unlike fixed deposit with Banks there is no capital protection guarantee or assurance of any return in Quantum Multi Asset Fund of Funds / mutual funds investment. Investment in Quantum Multi Asset Fund of Funds as compared to Fixed Deposits carry moderately high risk, different tax treatment and subject to market risk and any investment decision needs to be taken only after consulting the Tax Consultant or Financial Advisor. Source – Bloomberg, Quantum AMC The performance shown in the graph should be reviewed in conjunction with detailed performance of the scheme provided on slide number 27.
  • 33. Other Schemes managed by Nilesh Shetty Quantum Long Term Equity Value Fund Mr. Sorbh Gupta effective from December 1, 2020.Co-managing with Mr. Nilesh Shetty effective from March 28, 2011 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 #S&P BSE 500 TRI ## BSE 200 TRI. Returns are net of total expenses and are calculated on the basis of Compounded Annualized Growth Rate (CAGR). Mr. Sorbh Gupta & Mr. Nilesh Shetty manages 2 schemes of Quantum Mutual Fund. Period Feb 26, 2021 to Feb 28, 2022 (1 year) Feb 28, 2019 to Feb 28, 2022 (3 years) Feb 28, 2017 to Feb 28, 2022 (5 years) Scheme Tier 1 Benchmark Tier 2 Benchmark Scheme Tier 1 Benchmark Tier 2 Benchmark Scheme Tier 1 Benchmark Tier 2 Benchmark Returns (%) Returns (%) # Returns (%) ## Returns (%) Returns (%) # Returns (%) ## Returns (%) Returns (%) # Returns (%) ## Quantum Long Term Value Fund- Direct Plan (Gr) 12.12% 18.67% 17.92% 11.50% 18.45% 18.13% 9.26% 14.72% 14.88% Quantum Long Term Value Fund- Regular Plan (Gr) 11.56% 18.67% 17.92% 10.94% 18.45% 18.13% N.A. N.A. N.A.
  • 34. 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). Mr. Chirag Mehta manages 4 Schemes Quantum Gold Savings Fund Mr. Chirag Mehta is managing the scheme effective from May 19, 2011. Other Schemes managed by Mr. Chirag Mehta Period Feb 26, 2021 to Feb 28, 2022 (1 year) Feb 28, 2019 to Feb 28, 2022 (3 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 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
  • 35. Quantum India ESG Equity Fund Mr. Chirag Mehta effective from July 12, 2019.Co-managing with Ms. Sneha Joshi effective from July 12, 2019 Past performance may or may not be sustained in the future. Data as on of 28th February 2022 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. Past performance may or may not be sustained in the future. Data as on of 28th February 2022 Load is not taken into consideration in Scheme Return Calculation. #BSE 200 TRI Returns are net of total expenses and are calculated on the basis of Compounded Annualized Growth Rate (CAGR). Mr. Chirag Mehta manages 4 schemes of the Quantum Mutual Fund. Quantum Equity Fund of Funds Mr. Chirag Mehta is the Fund Manager effective from November 01, 2013. Other Schemes managed by Mr. Chirag Mehta Period Feb 26, 2021 to Feb 28, 2022 (1 year) Feb 28, 2019 to Feb 28, 2022 (3 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 Period Feb 26, 2021 to Feb 28, 2022 (1 year) Feb 28, 2019 to Feb 28, 2022 (3 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 Equity Fund of Funds – Direct Plan (Gr) 16.24% 17.92% 15.91% 18.13% 12.15% 14.88% Quantum Equity Fund of Funds – Regular Plan (Gr) 15.97% 17.92% 15.63% 18.13% NA NA
  • 42. For additional information, please contact: Quantum Asset Management Company Private Limited Hoechst House, 6th Floor, Nariman Point Mumbai-400021, India Sandeep Bhosle VP- Customer Interaction Email: SandeepB@QuantumAMC.com Mobile: +91- 98-209-43101 Office :+91-22-6144-7804 Fax :+91-22-2285-4318 Website: www.QuantumAMC.com
  • 43. 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.