Quantum Mutual Fund

What Quantum Mutual Fund does

Quantum Mutual Fund, operated through Quantum Asset Management Company Private Limited, is a Mumbai-based SEBI-regulated asset management company. The AMC entity was established in 2006, with sponsor lineage tracing to Quantum Advisors Pvt. Ltd. (founded 1990 by Ajit Dayal as India's first institutional equity research house). The firm offers 14 mutual fund schemes spanning equity, debt, gold, and multi-asset categories, serving primarily Indian retail investors via a direct-to-consumer online platform (secure.quantumamc.com), ARN-based distributors, RIAs, and digital investment platforms including Zerodha Coin, Groww, Kuvera, Paytm Money, and ETMoney.

The product suite comprises actively managed equity funds (Quantum Value Fund, Quantum Ethical Fund, Quantum Small Cap Fund, Quantum ESG Best In Class Strategy Fund, Quantum ELSS Tax Saver Fund), index/ETF products (Quantum Nifty 50 ETF, Quantum Nifty 50 ETF FOF), multi-asset solutions (Quantum Multi Asset Allocation Fund, Quantum Multi Asset Active FOF), gold products (Quantum Gold ETF and Quantum Gold ETF FOF), and debt funds (Quantum Dynamic Term Fund, Quantum Liquid Fund). Proprietary research technology includes the Upside Potential Chart (estimating portfolio value 24 months forward, published monthly since April 2006), the Integrity Screen (scoring -70 to +30 on ethical and fundamental factors), the Ethical Compliance Screening Framework, and GARP-based stock selection for the Small Cap Fund. The firm operates from a single Mumbai headquarters with approximately 234 employees.

Quantum's revenue model is fee-based AUM management, collecting Total Expense Ratios (TER) ranging from 0.03% on the Gold ETF FOF to 1.12% on the Value Fund. Distribution infrastructure includes SEBI-validated UPI (quantum.mf@valididfc), WhatsApp/SMS investing, Digilocker integration, and stock exchange listings (BSE/NSE) for ETFs. Performance signals include Quantum Value Fund's 12.91% CAGR over 20 years (11.01x portfolio growth) and Quantum Gold Savings Fund's 37.48% XIRR over a 5-year SIP horizon. Seemant Shukla was appointed CEO effective April 1, 2025, and four schemes were rebranded on June 29, 2026 to align product naming with ETF/FOF structure.

Name

Quantum Mutual Fund

Legal name

Quantum Asset Management Company Private Limited

Website

https://quantumamc.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

251–500 employees

Short description

Quantum Mutual Fund is a Mumbai-based SEBI-regulated asset management company offering 14 mutual fund schemes across equity, debt, gold, and multi-asset categories to Indian retail investors, distributors, RIAs, and digital investment platforms through direct and partner channels.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Sector & Thematic Mutual Funds (FSAAAEAJ)

akta.pro secondary industries

Index Mutual Funds (Non-ETF) (FSAAAEAE), Fixed Income Mutual Funds (FSAAAEAB)

Keywords

• Mutual fund schemes
• Asset management services
• Portfolio management
• Wealth management products
• Investment fund distribution

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Management Fees / Total Expense Ratio (TER): Quantum AMC generates revenue through management fees charged as a percentage of Assets Under Management (AUM). The TER varies by fund type - ETFs have lower expense ratios (0.03% to 0.55%) while actively managed funds have higher TER (0.50% to 1.12%). Direct plans have lower TER compared to Regular plans.

Pricing tiers

Go-to-market motion4 records

Distribution channels8 records

Marketing channels9 records

Core offering

Quantum Mutual Fund (Quantum Asset Management Company Private Limited) is a SEBI-registered Indian asset management company that offers 14 mutual fund schemes across equity, debt, gold, and multi-asset categories, including actively managed equity funds, index/ETF products, tax-saving (ELSS) funds, gold ETFs and FoFs, and dynamic debt and liquid funds. Investors can access schemes through the company's direct online platform, BSE/NSE exchange listings (for ETFs), ARN-based distributor networks, RIAs, and partner digital investment platforms such as Zerodha Coin, Groww, and Kuvera, with payment supported via SEBI-validated UPI, net banking, and payment aggregators.

Product overview

Quantum Mutual Fund offers 14 mutual fund products across equity, debt, and gold asset classes. The product lineup includes actively managed equity funds (Quantum Value Fund, Quantum Ethical Fund, Quantum Small Cap Fund, Quantum ESG Best In Class Strategy Fund, Quantum ELSS Tax Saver Fund), index products (Quantum Nifty 50 ETF, Quantum Nifty 50 ETF FOF), multi-asset solutions (Quantum Multi Asset Allocation Fund, Quantum Multi Asset Active FOF), gold products (Quantum Gold ETF, Quantum Gold ETF FOF), and debt funds (Quantum Dynamic Term Fund, Quantum Liquid Fund). The company promotes a proprietary 12|20:80 Asset Allocation Strategy that recommends 12 months of emergency expenses in liquid funds, 20% allocation to gold ETFs, and 80% to diversified equities. Products are available through direct plans on their website, stock exchanges (BSE/NSE), and via UPI/payment aggregator integrations.

Differentiator

Problem solved

Functional benefit

Products and services

• Quantum Value Fund An open-ended equity scheme following a value investment strategy, investing in attractively priced stocks with a focus on long-term capital appreciation. Maintains a focused portfolio of 25-40 stocks across market capitalizations, sector agnostic. Managed since March 2006; Direct Plan TER 1.12%, Base TER 0.92%; Asset size Rs 1,111.08 Crore as of May 31, 2026.
• Quantum Ethical Fund An open-ended equity scheme following an Ethical Theme, investing in companies meeting an ethical set of principles with the objective of achieving long-term capital appreciation. Uses Quantum's proprietary integrity framework with ethical and Shariah screening. Direct Plan - Growth Option; Inception NAV Rs 9.95 (Dec 20, 2024); Total TER 0.88%.
• Quantum Small Cap Fund An open-ended equity scheme predominantly investing in small cap stocks with a high-conviction, adequately diversified portfolio of 25-60 quality small cap companies. Prioritizes liquidity with minimum Rs 2 crore average daily value in all stocks. Uses GARP-based stock selection with 5-year projections and 180-day review cycle. Minimum SIP Rs 100 (Daily) and Rs 500 (Weekly, Fortnightly, Monthly, Quarterly); Direct Plan TER 0.83%.
• Quantum ESG Best In Class Strategy Fund An open-ended equity scheme investing in companies following Environment, Social, and Governance (ESG) theme assessed through a Best In Class Strategy. Invests in sustainable businesses focused on conserving environment, positively impacting communities, and conducting business ethically.
• Quantum ELSS Tax Saver Fund An open-ended Equity Linked Saving Scheme (ELSS) that helps investors save tax under Section 80C of the Income Tax Act while building long-term wealth through equity investments. Subject to a 3-year lock-in period. Generated Rs 123,440 from Rs 10,000 investment since inception (Dec 2008 to Jun 2026) at 15.41% CAGR.
• Quantum Diversified Equity All Cap Active FOF An open-ended Fund of Funds scheme investing in diversified equity schemes across all market caps. Provides a basket of 5-10 well-researched diversified equity schemes with only one NAV to track. Delivered 13.46% CAGR since inception (Jul 2009) with Rs 85,067 from Rs 10,000.
• Quantum Nifty 50 ETF An open-ended scheme replicating/tracking the Nifty 50 Index. A replica of the NIFTY 50 with stocks forming part of NIFTY 50 in the same proportion and weightage. Listed on NSE (QNIFTY) and BSE (590110).
• Quantum Nifty 50 ETF FOF An open-ended fund of fund scheme investing in units of Quantum Nifty 50 ETF, offering the efficiency of an ETF with the convenience of an Index Fund. No demat account required; first-of-its-kind Nifty 50 ETF wrapper fund. Direct Plan Total TER 0.07%; Asset size Rs 34.57 Crore.
• Quantum Multi Asset Allocation Fund A fund that diversifies the portfolio across three major asset classes: Equity, Debt, and Gold to reduce dependence on a single asset class and deliver better risk-adjusted returns over the long run. Actively managed with periodic rebalancing by fund managers.
• Quantum Gold ETF An open-ended scheme replicating/tracking gold. Invests in physical gold offering an innovative and cost-efficient way to invest without making charges or storage hassles. Each unit approximately equals the price of 1/100th of 1 gram of gold. Listed on NSE (QGOLDHALF) and BSE (590099). Monthly physical audits and annual purity certification. Direct TER 0.47%, Regular TER 0.55%.
• Quantum Gold ETF FOF An open-ended Fund of Funds scheme investing in units of Quantum Gold ETF. Enables investors to invest in a Gold ETF using SIP mode without requiring a demat account. Inception May 19, 2011; Asset size Rs 537.67 Crore; Direct Plan Total TER 0.06%.
• Quantum Dynamic Term Fund An open-ended dynamic debt scheme investing across duration with relatively high interest rate risk and relatively low credit risk. Actively managed with focus on safety, liquidity, and returns, investing in high quality debt and money market instruments with concentration on government securities and AAA/AA rated PSU bonds. Total TER 0.50%; Asset size Rs 84.92 Crore.
• Quantum Liquid Fund A liquid fund designed for parking short-term funds with safety and liquidity. Part of the 12|20:80 asset allocation strategy's safety block for emergency funds.
• Quantum Multi Asset Active FOF An open-ended Fund of Funds scheme investing in Equity-oriented schemes, Debt-oriented schemes, and Gold-based schemes. Dynamically allocates across asset classes based on a proprietary model considering economic factors and valuations.

Quantifiable outcome

• Quantum Value Fund delivered 12.91% CAGR over 20 years with portfolio growth of 11.01 times, closely matching estimated 13.60% CAGR
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Five partnerships are on record, tiered historical, operational, minor and core.

• Hansberger GlobalhistoricalStrategic or Co-development Partner · 1 January 1997Hansberger Global was a partnership established from 1997-2004 during Quantum's early years, providing international investment expertise and global market perspectives to the Indian asset management operations.
• KFin Technologies LimitedoperationalImplementation/ SI/ Consulting PartnerKFin Technologies Limited serves as the collection centre and registrar for Quantum Mutual Fund, handling investor transactions, documentation processing, and operational support for mutual fund operations.
• World Gold CouncilminorStrategic or Co-development PartnerWorld Gold Council partnered with Quantum AMC for investor education events on gold investing, including a joint event in Delhi focused on gold market outlook and investment opportunities.
• Digital Distribution PartnerscoreChannel Partner/ Reseller/ DistributorQuantum AMC partners with digital-first investment platforms including Zerodha Coin, Groww, Kuvera, Paytm Money, ETMoney, and Black by Cleartax to provide accessible mutual fund investment options to retail investors without demat account requirements.
• Traditional Distribution PartnerscoreChannel Partner/ Reseller/ DistributorMajor financial distribution partners including Funds India, HDFC Securities, AngelOne, Wealth Financial Products Distributor Network, Prudent Money Through Wisdom, and ICICI Direct provide ARN-based distribution services for Quantum Mutual Fund schemes.

Scale indicators10 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• PPFAS Mutual Fund (Parag Parikh Financial Advisory Services): India's most direct peer — a value-oriented, philosophy-led AMC known for concentrated portfolios and a long-term, research-driven approach, mirroring Quantum's Value Fund and ethical/quality tilt in the same investor segment.
• DSP Mutual Fund: Long-standing Indian AMC with a similarly value-tilted, research-driven investment culture and comparable active equity and balanced fund offerings that appeal to thoughtful retail investors.

Broad incumbents

• SBI Mutual Fund: India's largest AMC by aggregate AUM, with a full equity/debt/passive product suite and the deepest pan-India distribution including the SBI branch network — a benchmark scale peer for Quantum.
• Axis Mutual Fund: Established Indian AMC with a wide product range including active equity, debt, and ETFs. Competes with Quantum in retail equity and hybrid funds across direct and partner channels.
• Aditya Birla Sun Life Mutual Fund: Large pan-India AMC with broad equity, debt, hybrid, and passive products, competing for retail and HNI flows against Quantum's product suite.
• Nippon India Mutual Fund: Top-tier Indian AMC with diversified equity, debt, and passive offerings. Competes with Quantum across active equity and FoF categories and is a key distribution and mindshare competitor.
• ICICI Prudential Mutual Fund: One of India's largest AMCs offering a broad product suite across equity, debt, hybrid, and ETF categories. Overlaps with Quantum's multi-asset and equity offerings but at vastly larger scale and broader distribution.
• Kotak Mahindra Mutual Fund: Large Indian AMC with diversified offerings and a strong banking-led distribution network; overlaps with Quantum in active equity and multi-asset categories.
• HDFC Mutual Fund: India's largest AMC by AUM with a comprehensive product lineup and deep distribution. Competes with Quantum for retail SIPs and institutional mandates, but at a multiple of Quantum's scale.

Emerging players

• Mirae Asset Mutual Fund: Fast-growing Indian AMC with strong ETF and equity franchises. Relevant emerging peer for Quantum's ETF, FOF, and active equity products, particularly in digital and retail channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/QuantumAMC
• Facebookfacebook.com/QuantumAMC

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quantum Mutual Fund