1 / 34

Quantum Tax Saving Fund

Quantum Tax Saving Fund is an Equity Linked Savings Scheme (ELSS) that offers twin benefits of tax savings and opportunity to build wealth by investing in equities for the long term. It comes with a lock-in period of three years. Explore the benefits of investing in this fund.

QuantumMF
Download Presentation

Quantum Tax Saving Fund

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Quantum Tax Saving Fund • December 2020 • Private and Confidential • 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

  2. TABLE OF CONTENTS • About us • About Quantum Mutual Fund • Our Research & Investment Process • Benefits & Features of QTSF • Performance of the Fund

  3. ABOUT US

  4. 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

  5. Our Journey so Far • Quantum Gold Savings Fund • India’s first fully paperless Online Investing Platform • Quantum Dynamic Bond Fund • Transactions through Email, WhatsApp & Fax • Quantum Gold Fung • Quantum Nifty ETF • Quantum Tax Saving Fund • Launch of Regular Plans • Set up Quantum AMC 2005 2006 2008 2009 2011 2012 2015 2016 2017 2019 • 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 Long Term Equity Fund completes 10-year track record • Quantum India ESG Equity Fund

  6. 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 PremWatsa, known as the Warren Buffet of Canada

  7. ABOUT QUANTUM MUTUAL FUND

  8. 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

  9. 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, 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.

  10. 10 Always Putting Investors First, Even Above our Growth in AUM

  11. Profile of Management Team - QAMC Malay Vora Head Legal & Compliance (2008) 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. Jimmy was born in 1962. 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 is a SEBI Committee member and has represented Quantum at an AMFI committee in the past. Malay was born in 1977. Rina Nathani Chief Business Officer (2020) Sandeep Bhosle AVP Investor Interaction (2011) 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). Rina was born in 1974. 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.

  12. RajendraGadiyar 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 (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. Meera was born in 1969.

  13. Portfolio Team – Equity Sneha Joshi (2015) Sorbh Gupta (2011) Qualified as a Chartered Accountant, CFA Level III (Charter Pending), Sorbh Gupta is the Fund Manager for Quantum Long Term Equity Value Fund & Quantum Tax Saving Fund. With more than 15 years of experience in equity research as well as managing funds; Sorbh brings with him a wealth of experience of having tracked varied sectors in his previous work assignments. Prior to joining Quantum, Sorbh was associated with Siddhesh Capital Private Ltd. Sorbh was born in 1980. With over 7 years of experience in economic, credit and quantitative research. Sneha 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. Sneha was born in 1988. Nilesh Shetty (2009) Hitendra Parekh (2004) Nilesh has more than 16 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. Nilesh is a qualified CFA (Chartered Financial Analyst), ACMA (CIMA, UK) and has completed his Masters in Management Studies (Finance) from the Mumbai University. Nilesh was born in 1980. 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. Hitendra was born in 1968.

  14. 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.

  15. Criteria to Select a Good Fund House

  16. OUR RESEARCH & INVESTMENT PROCESS

  17. 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

  18. Our investment criteria - Value 03 04 SELL BUY 02 ANALYZE 01 EVALUATE • The business of the company • The environment in which it operates • The management, and their long-term goals • Can the financials support the long-term goals? • The stock price of the company based on fundamentals relative to its peer group, its history, and the market • PER, PCF, P/BV, DivYld, EV/EBITDA • Current price is > our estimate of long-term value • Better Investment Alternatives • Changed view of management, Changed view of business • Current price is generally 40%+ lower than our estimate of long-term value (in case of first time buy)

  19. 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 25 to 40 stocks PORTFOLIO Portfolio of stocks with broad exposure to various sectors. Approved by the portfolio team Reflects three broad themes: domestic consumption, exports and infrastructure 201 stocks VALUE AND INTEGRITY SCREENING 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 Number of companies trading over US $1 million/day 327 stocks 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.

  20. Portfolio Construction • Stock under active coverage? • Volume INR 6.98 Crs per day No To research team YES Part of S&P BSE-30 Index? No effect on decision No Below Buy limit? Wait YES What sector? • Weights assigned to a stock • are a function of: • Reliability of management • Quality of earnings • Stability of earnings • Upside Potential • Alternatives/Cash Indifferent; guided by Research Investment Rules • Minimum wt 2% at cost • Maximum wt 6% at cost • 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

  21. A Tale Of Two Stocks – Since 1991 (2) Illiquid stocks give managers the fees – investors get nothing (1) We buy liquid shares of good businesses 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.

  22. Benefits & Features of QTSF

  23. Quantum Tax Saving Fund Benefits of Investing in QTSF • 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

  24. Performance of the Fund Fund Manager Mr. Sorbh Gupta Work experience: 15 years. He has been managing this fund Since October 1, 2016. Category of Scheme Equity Linked Saving Scheme. Quantum Tax Saving Fund QTSF optimizes tax saving under Section 80C. QTSF minimizes risk by pursuing bottom-up stock selection. QTSF has a lower portfolio turnover. QTSF holds cash when stocks are overvalued - no derivatives and no hedging. QTSF follows a value investment strategy. Features Useful for • Long term capital appreciation.

  25. Performance Across the Market Cycles - (Dec 2008 – Dec 2020) Performance Across the Market 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

  26. Performance of Quantum Tax Saving Fund – Direct Plan – Growth Option The Scheme is Managed by Mr. Sorbh Gupta since October 1, 2016. • 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..

  27. Performance of Quantum Tax Saving Fund – Direct Plan – Growth Option The Scheme is Managed by Mr. Sorbh Gupta since October 1, 2016. • 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.

  28. 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 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.

  29. Product Label

  30. For additional information, please contact: Sandeep Bhosle AVP- Customer Interaction Email: SandeepB@QuantumAMC.com Mobile: +91-98209-43101 Office :+91-22-6144-7804 Fax :+91-22-2285-4318 Website: www.QuantumAMC.com Quantum Asset Management CompanyPrivate Limited Hoechst House, 7th Floor, Nariman Point Mumbai-400021, India

  31. 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. 15thJanuary 2021 Mutual fund investments are subject to market risks, read all scheme related documents carefully.

  32. Connect with Us

  33. Thank You

More Related