Quantum Tax Saving Fund
                     Panel DiscusQsuioann tounm A Tsasxe tS Calvaisnsge Fsu onfd Equity, Debt 
& Gold
DecSepmeabkeerr s2: 020
Sorbh GPurpivtaat e–  aFnudn Cdo Mnfiadneangtiearl, Equity
Chirag Mehta – Sr. Fund Manager, Alternative Investments
December 17, 2020
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TABLE OF 
CONTENTS
• About us
• About Quantum Mutual Fund
• Our Research & Investment Process 
• Benefits & Features of QTSF
• Performance of the Fund
ABOUT US
4
Group Update – The Past 25 Years
 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
Our Journey so Far 
• Quantum Gold • Quantum Dynamic 
• Quantum Gold Fung Savings Fund Bond Fund 
• Quantum Nifty ETF • India’s first fully • Transactions through 
• Set up Quantum • Quantum Tax Saving paperless Online Email, WhatsApp & • Launch of 
AMC Fund Investing Platform Fax Regular Plans 
2005 2006 2008 2009 2011 2012 2015 2016 2017 2019
• Quantum Long • Quantum Equity • Quantum Multi • Quantum Long Term • Quantum India 
Term Equity Value Fund of  Funds Asset Fund of Equity Fund ESG Equity Fund
Fund • “Path to Profit” Funds completes 10-year 
• Quantum Liquid Launched track record
Fund
6
About our Sponsor– Quantum Advisors Pvt. Ltd.
 Currently managing an AUM of USD 2.64 Billion (~INR 19,290 crore) as 
December 31, 2020
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 
QUANTUM MUTUAL 
FUND
8
About Quantum Mutual Fund
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.1,850 Cr. as on 31st December 2020
 Number of Folios: 71,099 as on 31st December 2020
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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, CEO & CIO 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 Charterholder. Subbu was born in 1962.
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 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. Jimmy was born in 1967.
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Always Putting Investors First, Even Above our 
Growth in AUM
Quantum Mutual SEBI Imposes Rule on 
Fund MF Industry
Refused to follow the opaque Entry Load Model Mar 2006 Jun 2009
Pioneered Direct to Investor, despite Slow Internet Speed and 
Mar 2006 Jan 2013
No Smart Phones
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 
Mar 2006 Jan 2018
benchmark for Equity Fund
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 
Jul 2012 April 2020
maturity 
ZERO Upfront Distributor Commission and uniform trail 
Apr 2017 Sep 2018
commission across all partners on Regular Plan
TER based on AUM Slabs Feb 2017 April 2019
Profile of Management Team - QAMC
Jimmy Patel Malay Vora 
MD & CEO  (2010) Head Legal & Compliance  (2008) 
Jimmy Patel has over 3 decades of experience in Malay Vora has more than 15 years of experience in 
the financial services sector, and has held various Legal, Compliance and Corporate Secretarial matters in 
key management roles. Along with holding a the financial service industry. He is a Commerce and Law 
Chartered Accountant’s degree, Mr. Patel has also Graduate and an Associate Member of Institute of 
completed his L.L.B. from the University of Company Secretaries in India. Malay is the Head of Legal 
Mumbai. Mr. Patel is a Fellow of the Chevening & Compliance and the Compliance Officer for Quantum 
Standard Chartered Financial Services Leadership AMC. He has been associated with Quantum since 2008. 
Programme at Kings College, London. He has He is a SEBI Committee member and has represented 
been a Director on Association of Mutual Funds In Quantum at an AMFI committee in the past. Malay was 
India (AMFI) Board and also has been a member born in 1977. 
of various AMFI and SEBI Committees. Jimmy was  
born in 1962.
Rina Nathani  Sandeep Bhosle 
Chief Business Officer (2020) AVP Investor Interaction  
Rina has over 20 years of experience in building (S2an0d1e1ep)  Bhosle has more than 18 years of experience 
businesses, advising companies and leading in Financial Services and Market Research. He a Post 
teams to successful outcomes. Prior to joining Graduate in Marketing Management. He has Completed 
Quantum AMC, Rina was a Director in KPMG’s Medium and Small Scale Industries Management 
Advisory Practice in the US and  Head – Retail Development Program from NMIMS. Prior to Quantum 
Businesses at Suminter India Organics, India. She AMC, he has been with ICICI Prudential and Birla Sunlife 
has done Masters in Management Studies from Insurance and has been instrumental in developing 
Jamnalal Bajaj institute of Management Studies Rural Markets and New Initiatives, Process Quality, 
(JBIMS). Rina was born in 1974. 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. Rajendra was born in 
1968. 
Meera Shetty 
Head Investor Services  
M(2e0er0a6 S)h etty 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. Meera was born in 1969.
Portfolio Team – Equity 
Sorbh Gupta (2011) Sneha Joshi (2015)
Qualified as a Chartered Accountant, CFA Level III With over 7 years of experience in economic, credit 
(Charter Pending), Sorbh Gupta is the Fund Manager for and quantitative research. Sneha holds a Ph.D. in 
Quantum Long Term Equity Value Fund & Quantum Tax Economics and has earned an M.A. in Economics 
Saving Fund. With more than 15 years of experience in from Gokhale Institute of Politics and Economics. 
equity research as well as managing funds; Sorbh She joined Quantum AMC in August, 2015. Prior to 
brings with him a wealth of experience of having joining Quantum, she was associated with Credit 
tracked varied sectors in his previous work Capital Research as a fixed income research 
assignments. Prior to joining Quantum, Sorbh was analyst. Sneha was born in 1988.
associated with Siddhesh Capital Private Ltd. Sorbh was 
born in 1980.
Nilesh Shetty (2009) Hitendra Parekh (2004)
Nilesh has more than 16 years of experience in research. Has close to 3 decades of experience in 
He has been a part of Quantum Asset Management financial services industry. Prior to working with 
Company since 2009, and at present is the Fund Manager Quantum, he has been with the Unit Trust of 
for Quantum Long Term Equity Value Fund and Quantum India for 4 years and UTI Securities Ltd for 9 
Multi Asset Fund. Nilesh is a qualified CFA (Chartered years. He has completed his B.Com & Masters in 
Financial Analyst), ACMA (CIMA, UK) and has completed 
his Masters in Management Studies (Finance) from the Financial Management from Mumbai University. 
Mumbai University. Nilesh was born in 1980. Hitendra was born in 1968.
Portfolio Team – Non Equity 
 Pankaj Pathak (2013) – Fixed Income 
has over a decade 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). Pankaj was 
born in 1986.
Chirag Mehta (2006) – Gold/Commodities
has 18  years of experience in the  Indian commodities markets. He also specializes in the field of 
alternative investment strategies. Chirag 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 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. Chirag was born in 1981. 
Ghazal Jain (2020) – Gold/Commodities
has overall 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.
Criteria to Select a Good Fund House
•
PEOPLE What is the background?• What is the experience?
• Is there a clearly defined investment 
PHILOSOPHY philosophy across all market situations or is this a ride-the-wave, “bull-market” 
manager?
•
PROCESS What is the research and investment process and how reliable is it?
PERFORMANC • Given the process, is the performance 
E as predictable as it should be? 
OUR RESEARCH & INVESTMENT 
PROCESS
Value Investing– Quantum Mutual Fund
 We follow the Value investing strategy that involves buying companies at 
discounts to their long-term intrinsic value 
 We focus on the long term potential of the business 
 We normalize our assumptions - we do not value the companies on the basis of 
peak or trough margins
 While valuing the company, we would generally give a 40% discount to its intrinsic 
value to set our buy limits 
 Typical characteristics of the portfolio following Value Investing strategy:
• Low price to earnings ratio
• Low price to book ratio
• Low price to sales multiple
• Low price to cash flow
• High dividend yield
Our investment criteria - 
Value
0 EVALUAT 0 ANALYZE 0 BUY 0 SELL
E
1 3 4The business of the 2The stock price of  Current price is  Current price is > 
company the company based generally 40%+ our estimate of 
The environment in on fundamentals lower than our long-term value
which it operates relative to its peer estimate of long-    Better Investment 
The management, group, its history, term value (in Alternatives
and their long-term and the market case of first time    Changed view of 
goals buy) management, 
Can the financials PER, PCF, P/BV, Div Changed view of 
support the long- Yld, EV/EBITDA business
term goals?
Quantum’s Bottom-Up Stock Selection Process
Clients get best of bottom-up ideas with a risk control measurement for each sector
Generally, < 20% of the stocks we cover meet our “Buy” criteria
PORTFOLIO  25 to 40 stocks
Portfolio of stocks with broad exposure to various sectors. 
Approved by the portfolio team
Reflects three broad themes: domestic consumption, exports and infrastructure
VALUE AND INTEGRITY SCREENING  201 stocks
Analysts study stocks in their sector (India) with global comparison, travel worldwide, prepare 
detailed projections. Regular research meetings to review ideas and approve stocks for the 
database. Consensus required. 
All stocks are reviewed time to time generally within 180 days.
We must trust the managements/founders
ADDRESSABLE UNIVERSE  327 stocks
Number of companies trading over US $1 million/day
Number of stocks mentioned are as per current average trading volume value criteria. The number of Stock in trading volume criteria, and in portfolio will be changed 
from time to time based on Investment Strategy of the scheme. 
Portfolio Construction 
Stock under active No
coverage? To research 
Volume INR 6.98 Crs per teamYES
day
Part of S&P BSE-30 Index?
No effect on decision
Below Buy limit? No Wait
YES
What sector?
Weights assigned to a stock 
Indifferent; guided by are a function of:
Research
Portfolio of 25-40 stocks 1) Reliability of management2) Quality of earnings
Investment 3) Stability of earnings
Minimum wt 2% at cost Rules 4) Upside Potential
Maximum wt 6% at cost 5) Alternatives/Cash
Maximum wt 10% at market value
Our portfolio turnover is typically 20%, suggesting a 5 year holding period. Please refer Scheme Information Document of the Scheme for complete 
Investment Strategy
A Tale Of Two Stocks – Since 
1991
(1) We buy liquid shares of good (2) Illiquid stocks give managers the fees 
businesses – investors get nothing
Source: Bloomberg Finance L.P., As of  December 31, 2020
Disclaimer : The stocks discussed herein are for information purpose only. This is not a recommendation to buy or sell any security. 
Benefits & Features of QTSF
Benefits of InQvueasntitnugm in  TQaTxS FSaving Fund
 Quantum Tax Saving Fund Invests in Quality Midcap & Large Cap companies with a 
minimum stock liquidity filter & creates a portfolio for long term capital appreciation. 
Portfolio is similar to QLTEVF. 
 The fund has a three year lock-in which is one of the lowest amongst other tax saving 
instruments. 
 A three year lock-in ensures an enforced discipline amongst the investor. Equity is an 
investment class only in the long term in the near term its speculative. 
 Being an ELSS scheme it comes with an advantage of building wealth and saving 
taxes. 
 Well suited for long term goals such as children education & retirement planning 

Performance of the Fund
Fund Mr. Sorbh Gupta
Manager Work experience: 15 years. He has been managing this fund Since October 1, 2016.
Category of Equity Linked Saving Scheme.
Scheme
Quantum QTSF optimizes tax saving under Section 80C.
QTSF minimizes risk by pursuing bottom-up stock selection.
Tax Saving Features QTSF has a lower portfolio turnover.
QTSF holds cash when stocks are overvalued - no derivatives and no hedging.
Fund QTSF follows a value investment strategy.
Useful for Long term capital appreciation.
Performance Across the Market Cycles - (Dec 2008 – 
Performance Across tDhee cM 2ar0k2e0t )Cycles - (Dec 2008 – 
Dec 2020)
Past performance may or may not be sustained in future. 
This graph should be reviewed in conjunction with detailed performance of the scheme provided on slide number 27
Data is provided as on Dec 31, 2020. Source: Bloomberg
Performance of Quantum Tax Saving Fund – Direct 
Plan – Growth Option
The Scheme is Managed by Mr. Sorbh Gupta since October 1, 2016. 
Current Value of 10,000 Invested
at the beginning of a given period
Additional Additional 
Benchmark* Benchmark*
Period Benchmark Benchmark
 
Scheme S&P BSE S&P BSE S&P BSE S&P BSE
Returns (%) 200 TRI Sensex TRI 
Scheme 200 TRI Sensex TRI 
(%) (%) (Rs)  (Rs) (Rs)
1 year 13.57% 17.87% 17.11% 11,361 11,792 11,716
3 years 4.15% 9.45% 13.22% 11,301 13,122 14,530
5 years 9.23% 13.27% 14.25% 15,560 18,661 19,479
7 years 12.15% 14.36% 13.80% 22,323 25,603 24,741
10 years 9.70% 10.34% 10.34% 25,252 26,780 26,768
Since Inception (23rd Dec 2008) 16.13% 16.13% 15.77% 60,450 60,479 58,220
Past performance may or may not be sustained in the future. Data as 31st December 2020
Load is not taken into consideration in scheme returns calculation. Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR). 
*with effect from February 01, 2020 benchmark has been changed from S&P Sensex TRI to S&P BSE 200 TRI
Mr. Sorbh Gupta manages 2 schemes of Quantum Mutual Fund. For performance of other Schemes Managed by Mr. Sorbh Gupta please see slide  number 29..
Performance of Quantum Tax Saving Fund – Direct 
Plan – Growth Option
The Scheme is Managed by Mr. Sorbh Gupta since October 1, 2016. 
Current Value of 10,000 Invested
at the beginning of a given period
Additional Additional 
Benchmark* Benchmark*
Period Benchmark Benchmark
 
Scheme S&P BSE S&P BSE S&P BSE S&P BSE
Returns (%) 200 TRI Sensex TRI 
Scheme 200 TRI Sensex TRI 
(%) (%) (Rs)  (Rs) (Rs)
1 year 12.99% 17.87% 17.11% 11,303 11,792 11,716
3 years 3.75% 9.45% 13.22% 11,172 13,122 14,530
Since Inception (01st April 2017) 5.97% 12.43% 14.96% 12,433 15,527 16,884
 Past performance may or may not be sustained in the future. Data as 31st December 2020
Load is not taken into consideration in scheme returns calculation. 
 Different Plans shall have different expense structure. Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).
*with effect from February 01, 2020 benchmark has been changed from S&P Sensex TRI to S&P BSE 200 TRI. 
Regular plan launched on 1 April 2017 but not yet completed 5 years period since its launch. 
 Mr. Sorbh Gupta manages 2 schemes of Quantum Mutual Fund. For performance of other Schemes Managed by Mr. Sorbh Gupta please see slide  
number 29.
Other Schemes managed by Sorbh Gupta 
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 
Period 1 year 3 years 5 years
Benchmark
Scheme Scheme Benchmark Scheme Benchmark
  Returns (%) 
Returns (%) Returns (%) Returns (%) # Returns (%) Returns (%) #
#
Quantum Long Term Equity 
Value Fund–Direct Plan (Gr) 13.18% 17.87% 4.11% 9.45% 9.06% 13.27%
Quantum Long Term Equity 
12.62% 17.87% 3.73% 9.45%
Value Fund–Regular Plan (Gr) 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 31st 
December ,2020
#BSE 200 TRI. 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. Sorbh Gupta & Mr. Nilesh Shetty manages 2 schemes of Quantum Mutual Fund. Regular plan launched on 1st April 2017 but 
not yet completed 5 years period since its launch.
Product Label
For additional information, please contact: 
Sandeep Bhosle 
AVP- Customer Interaction
Email: [email protected]
Mobile: +91- 98209-43101
Office :+91-22-6144-7804
Fax :+91-22-2285-4318
Website: www.QuantumAMC.com
Quantum Asset Management Company Private 
Limited
Hoechst House, 7th Floor,
Nariman Point
Mumbai-400021, India
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. 
15th January 2021
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
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