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 Dear Investors and Believers,
In 2006, we undertook a bold experiment to follow the path of Honesty, Integrity, Transparency and the aspiration to always deliver sensible mutual fund solutions for your investment needs. We have succeeded on this path thanks to your belief and commitment.
From an organisational perspective, it has always been our endeavor to ensure the growth and sustainability of Quantum Asset Management Company Private Limited ("Quantum AMC") beyond the lifetime of specific individuals.
Strong and stable teams across different departments have been developed over the years.
Members of the Boards have, over the years, met with and interacted with many individuals from Quantum AMC.
With the guidance of the Board, the senior members of the management team who are endowed with our core values - along with the core proven skill sets of research and investment - have a solid foundation for the continued success of Quantum Mutual Fund.
The portfolios, particularly for the Quantum Long Term Equity Fund, have been managed by team-led processes: no single individual can claim the wonderful long-term track record that has been established.
A transparent and well-received profit sharing plan and bonus pool implemented since 2012, along with a richly endowed ESOP Trust of Quantum Advisors (Sponsor), ensures that monetary rewards are shared fairly amongst those who have helped Quantum achieve its success. We believe in benevolent capitalism!
Many of you may recall that Quantum Financial Services Pvt Ltd, the "original" Quantum, was set up on January 31, 1990.
What you may not recall is that I was supposed to be on a plane that crashed on February 14, 1990 - Valentine's Day, 14 days after Quantum was born!
Had I been on that plane, Quantum would have been in existence for 14 short, uneventful days - and there would be no one to fight for you in the mutual fund industry!
The explicit and implicit desire to build a solid team that survives and enhances the effort of a single individual probably took hold in my subconscious from that fateful day!
Hence, this desire to build teams.
Hence the ESOP to spread wealth amongst many.
Hence the effort to reward the teams who have worked so hard to see Quantum grow with years of dedication of service.
I am blessed to have found dedicated partners and work colleagues with whom we could build an institution. Together we have ridden the many waves of calm and stormy seas and been steadfast in our focus to do what is best for our clients and customers - all held steady by the values of Honesty, Integrity, and Transparency, which is the foundation of our existence. These core values permeate across the organization.
It is these core values and the youthful energy of the team - under the experienced leadership of Jimmy A Patel - which will make many Quantum Leaps in the decades ahead. Jimmy A Patel has been the CEO of Quantum AMC since May 2010. He has been appointed as Managing Director on the Board of Quantum AMC on August 23, 2017.
Make no mistake: my resignation as the Director of Quantum AMC and from the Board Investment Committee, with effect from August 22, 2017, is a sign of strength.
(I have committed to speak at a few Path To Profits every year in different cities!)
To the Members of the Boards of Quantum AMC and Quantum Trustee Company - each of whom distinguished in their respective fields - you have done us the honour of steering us and guiding us with your years of vast experience. Thank you.
Most importantly, I am grateful for all your support as a loyal, committed - and satisfied - believer in this unique experiment of building an institution that cares for you and works for your benefit.
Please accept my everlasting thanks for your belief in Quantum Mutual Fund - and I hope that you will continue to invest in our few, select, sensible mutual funds - as I will continue to!
God Bless,
Ajit Dayal
PS: Please click here to read the addendum on the same.
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Disclaimer, Statutory Details & Risk Factors:
The views expressed here in this article are for general information and reading purpose only and do not constitute any guidelines and recommendations on any course of action to be followed by the reader. The views are not meant to serve as a professional guide / investment advice / intended to be an offer or solicitation for the purchase or sale of any financial product or instrument or mutual fund units for the reader. The article 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 solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and views given are fair and reasonable as on date. Readers of this article should rely on information/data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments.
Risk Factors: Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Please visit - www.QuantumMF.com to read Scheme Specific Risk Factors. Investors in the Scheme(s) are not being offered a guaranteed or assured rate of return and there can be no assurance that the scheme's objective will be achieved and the NAV of the scheme(s) may go up or down depending upon the factors and forces affecting securities markets. Investment in mutual fund units involves investment risks 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(s). 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 (AMC). The Sponsor, Trustee and Investment Manager are incorporated under the Companies Act, 1956.
Quantum Asset Management Company Private Limited
Regd office - 505, Regent Chambers, 5th Floor, Nariman Point, Mumbai - 400021, India
Toll Free No.:1800-209-3863 / 1800-22-3863, Telephone No.:91-22-61447800, Toll Free Fax no.:1800-22-3864
Email: [email protected], Website: www.QuantumMF.com CIN: U65990MH2005PTC156152 |
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| © Quantum Asset Management Company Private Limited |
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