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CONTENTS PAGE NO.

QUANTUM VIEW 03

QUANTUM LONG TERM EQUITY VALUE FUND - QLTEVF 06

QUANTUM TAX SAVING FUND - QTSF 10

QUANTUM EQUITY FUND OF FUNDS - QEFOF 14

QUANTUM DYNAMIC BOND FUND - QDBF 18

QUANTUM LIQUID FUND - QLF 22

QUANTUM GOLD SAVINGS FUND - QGSF 26

QUANTUM MULTI ASSET FUND - QMAF 30

QUANTUM GOLD FUND - QGF 33

QUANTUM NIFTY ETF - QNIFTY 36

SCHEME PERFORMANCE - FUND MANAGER WISE 39

HOW TO READ THE FACTSHEET 42

STATUTORY DETAILS & RISK FACTORS 43

CONTACT US 43

INDEX

QUANTUM VIEW FOR SEPTEMBER 2018

September turned out to be a volatile month for Indian financial markets including equities. S&P BSE Sensex fell

by 6.21%. This was highest monthly fall in the calendar year so far. Mid cap and small cap stocks were meted even more severe treatment. S&P BSE

Midcap index declines 12.44% while BSE Smallcap index was down 15.95% in September. For the 9 months of year 2018, S&P BSE Sensex has risen

7.44%. In comparison, S&P BSE Smallcap and S&P BSE Midcap have fallen 24.4% and 16.5% respectively.

IT and FMCG were the two sectors which had positive returns during the month of September. Continuing currency depreciation was boon for

exporters including IT services firms. Among losing sectors, real estate, telecom and banks were prominent. Markets were complacent for large

parts of the year, as measured by VIX. This rose in the month of September as in early 2 months of 2018.

FIIs sold stocks heavily in the month of September. Their sales were USD 1.31 Bn for the month. So far in current year, FIIs have offloaded stocks

worth USD 2 Bn. Domestic institutions were buyers to the tune of USD 1.3 Bn during the month. Of this, USD 1.1 Bn came from mutual funds while

insurers bought worth USD 630 Mn. USD 12.2 Bn has been pumped in equities by domestic institutions so far in current year. Indian rupee

depreciated 2.1% during the month against US dollar.

In global markets, cost of money has risen and liquidity becomes tighter. US central bank raised interest rates by 0.25%, for the third time in 2018.

There are expectations that it will hike once more in current year. Better wage growth and lesser employment are leading to tighter monetary policy

in an economy which is growing strongly. Europe is also looking to reduce its asset purchases and rise in interest rates could be around the corner.

Other developed countries such as UK have also been raising interest rates.

Japan remains the only major economy which is unlikely to end loose monetary policy in the near future. As interest rates rise, there is risk of

foreigners withdrawing from emerging markets. Most asset classes were inflated due to surge of liquidity at zero interest rates in developed markets

post Lehman crisis. There could be decline in equity and other asset classes as foreigners prefer their home markets.

Tariff war between US and China continues and higher duties has been implemented for goods worth USD 200 Bn. This has a disproportionate

effect on Chinese economy and led to significant fall in its stock markets. There are expectations that the two countries could compromise after

China making concessions. Brexit negotiations are also hanging in balance. Unfavourable outcome of the same could impact global financial

markets

The state of financial markets in India also was tumultuous during the month of September. It started with default made by ILFS on interest

payments to some its creditors. This led to downgrade of its rating by several notches overnight. Many mutual funds were caught holding its paper

in their debt schemes – liquid as well as longer term schemes. They were forced to take a write down. Subsequent to this, there was news of a

mutual fund selling paper of another NBFC at very high yield (meaning low price). This set rumors in debt/equity markets that there could be

defaults/ liquidity crunch. Many NBFC stocks saw their stock price crashing.

The contagion spread to stocks of other sectors as well. Many stocks which were quoting at rich valuations witnessed larger decline. MD of a decent

size private sector bank saw non-renewal of his term by the regulator, RBI. Another bank, which listed on stock market few months back was

constrained by RBI from opening new branches as it didn’t meet its shareholding criteria. This was preceded by regulations from SEBI for mutual

funds. SEBI announced a number of measures in investors’ interest including banning of upfront commission by AMCs. Regulatory risks came to the

fore in the month and spooked investor wealth in those stocks.

On the macroeconomic front, crude oil price surpassed USD 80/bbl as supply was constrained. Sanctions on Iran led to surge in oil. This doesn’t

bode well for India given the dependence on oil imports. Inflation was well contained at 3.7% for the month of August. RBI’s monetary policy in early

part of October has maintained status quo in interest rates. India’s macro situation has worsened even as micro (companies’ level) continues to

improve.

There has been a good correction in stock prices and the same has been continuing. Many stocks which looked highly valued now seem to come

within reach. We are likely to find new stocks for our portfolio and cash level can fall further. Over the long term, we remain optimistic on Indian

equities. India is likely to grow faster than many nations. Investors can expect decent return from equities over a long period in future. Investors

should take advantage of recent fall in stock markets and put more money.

Data Source: Bloomberg

Equity OutlookAtul Kumar- Head - Equity Funds

Market Returns % *September 2018

S&P BSE SENSEX **

S&P BSE MIDCAP **

S&P BSE SMALL CAP **

- 6.12%

- 12.44%

- 15.95%

BEST PERFORMER SECTORS IT and FMCG

LAGGARD SECTORS Telecom, Real Estate, and Banks

* On Total Return Basis

Market Performance at a Glance

** Source-Bloomberg

3

September 2018

Persistent weakness in the Emerging Markets and surging crude oil continues to weaken the investor sentiment in

bonds markets. This led to the Indian Rupee touching the low of Rs.74 per USD and the 10 year government bond yields topping at 8.23% in the

past month.

An additional risk emerged in the corporate bonds space after the IL&FS and its subsidiaries defaulted on their debt repayments. This spread to

broader NBFC companies as concerns on refinancing impacted share prices and bond yields of many NBFC issuers. Even the AAA PSUs were not

spared and 2-3 year PSU bonds got traded at around the 9.0% mark at peak.

The RBI released multiple press statements to assuage the market on meeting liquidity needs of the system and also announced Open Market

Operations (OMO) and Term Liquidity Repos. The RBI conducted an OMO of Rs. 200 in September and announced to purchase total of Rs. 360bn

of government securities under OMO in October.

The government also moved in to ease the pressure from the bond markets by cutting its second half borrowing program by Rs. 200bn. These

measures led to a relief rally in the bond markets and the 10 year yield dipped below 8.0% mark on the announcements. But it could not sustain

there for long and retraced back to 8.20% following sharp rise in crude oil and the US treasury yields.

Another positive surprise came from the RBI as in its bi-monthly monetary policy, the MPC decided to keep the policy rates unchanged at 6.5%

against the market expectations of 25-50 bps hike. Bond markets cheered the move as the 10 year bond yield eased again to near 8.0% post policy

announcement.

With this move, the RBI has sent a message to the markets that they won’t use interest rates to defend the depreciating currency. But at the same

time to maintain its inflation fighting credibility they changed the policy stance from “Neutral” to “Calibrated Tightening” to indicate that if Oil

prices increases they will hike the Repo Rate in the coming months. This stance also clearly indicates that the RBI will not be cutting interest rates

anytime soon.

In July 2013, post the global episode of ‘taper tantrum’, the RBI had hiked interest rates by 300 bps (3%) to curb speculation on the Indian Rupee,

which further depressed sentiment and led to an even sharper sell off in bonds, equities and currencies. With the Indian Rupee, depreciating now,

market participants and analysts have been expecting a similar reaction by the RBI in hiking interest rates.

With the RBI now pausing, at a time when the Indian rupee has sold off sharply and markets expectations were riding high on a 50 bps rate hike,

the RBI seems to be signaling that they don’t yet see the reason to panic on the external front. The Rupee is depreciating largely due to a rise in oil

prices and the RBI has quite a few other means to manage the Rupee. They can sell dollars from their Forex Reserves, open a special window for

Oil companies to borrow dollars directly from the RBI, offer higher interest rates on NRI Deposits to get inflows from NRIs.

The other reason for them to not hike interest rates could have also been due to the turmoil in the equity and credit markets. The issue with the

default by IL&FS and the steep fall in stock prices of some banks and NBFCs has impacted sentiment in the broader market. The RBI, by hiking

interest rates could have further hampered sentiment. As it is, Indian bond yields are already high enough with the 10 year government bond yield

at above 8.0% and 3 year AAA PSU bonds near 9.0%. A 50 bps rate hike at this juncture may have led to a further increase in market interest rates.

The RBI having already raised the interest rate by 50 bps in the last 4 months also had the comfort from the slowing inflation. CPI inflation,

especially food inflation, continues to shoot below RBIs projections and the previous two pre-emptive hikes does ensure that the RBI Repo rate is

ahead of the current inflation trend.

However, given the trajectory of oil prices, if it stays at the current levels or moves up further, we would see the RBI hiking rates in the forthcoming

policies. We thus expect the Repo rate to move up to 7.0% from the current level of 6.5% by March 2019.

With the OMO support and lower borrowing, the 10 year government Bond yield may hover around 8.0% for now and move towards 8.25% if the

market expects RBI to hike by more than 50 bps. As for now, we still do not expect 10 year government bond yields to go up considerable above

8.25% unless macro situation changes materially.

If the INR continues to depreciate on falling equity markets and higher oil prices, we expect market interest rates to move higher from the current

levels. Also, risks in the system would rise and investment sentiment will fall.

In such a scenario, we would advise investors to remain invested in debt funds which prioritize safety and high liquidity and manage money with

prudence by being true to the investment objective of the fund.

Quantum Liquid Fund prioritizes safety and liquidity over returns and is invested only in less than 91 day maturity instruments issued by

Government Securities, treasury bills and AAA Rated PSU bonds.

Quantum Dynamic Bond Fund, takes higher interest risks, but does not take any credit risks and is invested only in Government Securities, treasury

bills and AAA Rated PSU bonds.

We have always advised investors in general to have a longer time frame if they invest in bond funds and should also note that the bond fund returns are not like fixed deposit returns and can remain highly volatile or even negative in a shorter time frame.

Data Source: Bloomberg, RBI

* Controller General of Accounts, Ministry of Finance

Debt OutlookPankaj Pathak - Fund Manager - Fixed Income

4

September 2018

Gold has been negative for six straight months now. Last time when gold had such consecutive monthly losses was all the way back in 1997; this

tells how hard gold’s been hit. A combination of rising U.S interest rates, a strong dollar and a hawkish Fed has been a perfect recipe for gold’s dire

state. However, a bruising trade conflict between the U.S. and China has failed to revive demand for gold in a big way but has lent enough support

for gold to cling to the $1200 an ounce levels. Gold prices decline by -0.7% for the month of September, taking the year to date losses to -8.5%.

There are plenty of loose strings impacting the global macro environment right from trade wars, Brexit uncertainty, Italian crisis to the U.S midterm

elections. With most of the negatives to a large extent priced in, any of these triggers can boost gold prices.

Fed hiked rate by much anticipated 0.25% but more importantly, it laid the groundwork for one more rate hike this year. Markets predict about 77%

probability that there will be one last rate hike for this year in December. While the financial markets had factored the September rate hike, it was

a more hawkish demeanor that reignited selling pressure in gold as it has created strong tailwinds taking the U.S. dollar higher. Fed Chairman Powell

spoke about the unique and sensitive balance act that the Federal Reserve must adhere to in order to allow economic growth to continue while not

letting the current economic expansion overheat. However, it’s easier said than done. History suggests that the central bank has accomplished this

balance only once in its 104-years of operations i.e. deliberating a soft landing i.e. Prevent overheating by raising rates but not so much that they

trigger a recession.

Trump intensified an ongoing trade war by rolling out 10% tariffs on $200 bn worth of Chinese exports to the U.S., while threatening levies on

another $267 bn of Chinese goods. China retaliated with tariffs on another $60 bn. Even though American companies have complained that such

moves will raise business costs and eventually consumer costs, this will be the second time the U.S. places duties on Chinese goods. At one end,

trade tensions are good for gold. Whereas on the other end, it could boost inflation more than desired by Federal Reserve policymakers, who might

feel the need to raise rates more aggressively than planned.

Outlook

Markets base case still remains that Trump is simply using trade tactics to secure a better deal with Beijing and at some point will make a u-turn,

strike a deal and register a political win before the mid-term elections. However, Investors are reluctant to appreciate that China will not let down

and is gearing up for a prolonged period of trade friction, and dismissing optionality around potential macroeconomic shocks. If the posturing is

for real and we do not see a deal, it will have profound implications which should not be underestimated as it will require a rethink on trade,

investments and globalization as we know it today and have profound impact on global growth, inflation and currencies.

The U.S. midterm elections could play a big part in shaping the outlook for gold. In the contests, control of the House of Representatives and Senate

are up for grabs. Should Democrats regain majorities; that could put them in a position to step up scrutiny of Trump’s administration and might

raise the likelihood of Congressional gridlock that slows the president’s policy initiatives? The polls are still indicating the Democrats winning back

the House of Representatives. But it looks like a close race and turnout will be critical. The major risk for Trump is losing both the US congress and

senate to the democrats, and if that happened he would face tremendous pressure to do something to remedy the growing isolation of America’s

government in the world government community.

Although the headline level for the U.S. business cycle looks healthy thanks to Trump tax cuts, there are some concerns over credit stress, making

it questionable whether the U.S. consumer can withstand materially higher interest rates. The Fed’s reverse QE program, along with its eight rate

hikes is putting pressure on the most interest rate sensitive parts of the U.S. economy. For example, the housing market is cooling. Existing Home

Sales, which makes a large chunk of the housing market, has dropped 4 months in a row and are down 1.5% year-on-year. In addition, Pending Home

Sales have suffered losses 7 months in a row and slumped 2.3% YoY.

Not only is the next rate decision expected to be Hawkish in 14 out of the 20 nations but the pace of monthly Quantitative Easing on a net basis is

projected to drop to zero by the end of 2018, from $180 billion at its peak in March of last year. These central banks are being forced into a tightening

monetary policy due to rising consumer prices and asset bubbles that have become a major risk to economic stability. Otherwise, these countries

risk intractable inflation and a destructive rise in long-term interest rates. Debt levels have seen a significant rise over the past decade. Debt has

increased by $70 trillion since 2007, to reach $250 trillion--an increase of over 40%! Not only has the nominal level of debt soared but the leverage

ratio is up too. The world economy suffers a debt to GDP ratio of 320%; it was 270% leading up to the financial crisis. The truth is as long as the

bond bubble kept inflating it was able to mask the huge imbalances built up in debt and asset values. But, it no longer will be sustainable given that

central banks are now forced to run a tighter monetary policy.

The world continues to remain in state of great disequilibrium, both with respect to the global economy and geopolitics as well. Given the

macroeconomic picture, gold will be a useful portfolio diversification tool and thereby helping you to reduce overall portfolio risk.

Data Source: Bloomberg, World Gold Council

Disclaimer:

The views expressed above 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. Quantum AMC / Quantum Mutual Fund is not guaranteeing / offering / communicating any indicative yield on investments made in the scheme(s). 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. Mutual fund investments are subject to market risks read all scheme related documents carefullyFor Product Lable See Page No. 21, 25.

Gold OutlookChirag Mehta - Senior Fund Manager - Alternative Investments

World View

5

September 2018

QUANTUM LONG TERM EQUITY VALUE FUNDAn Open Ended Equity Scheme following a Value Investment Strategy

6

*Cumulative Daily AuM /No of days in the month

AUM `(In Crores) (as on September 30, 2018)

Fund Manager &Associate Fund Manager

Scheme Features

Investment Objective : The investment objective of the Scheme is to achieve long-term capital appreciation by investing primarily in shares of companies that will typically be included in the S&P BSE 200 Index and are in a position to benefit from the anticipated growth and development of the Indian economy and its markets.

Benchmark Index

S&P BSE Sensex Total Return Index

Investment Options

Growth & Dividend (Dividend Option will in turn

have two Facilities, Dividend Payout Facility and

Dividend Re-investment Facility)

Exit Load

Repurchase/ Redemption/Switch Out -

On or before 180 days from the date of

allotment 4.00%, after 180 days but on or

before 365 days from the date of allotment

3.00%, after 365 days but on or before 545

days from the date of allotment 2.00%, after

545 days but on or before 730 days from the

date of allotment 1.00%, after 730 days from

the date of allotment Nil

Taxation#

The amount of Long Term Capital Gain in

excess of Rs 1,00,000/- in a year will be

taxable @ 10%

Tax on Short Term Capital Gains - 15%

Redemption Proceeds

Processed through RTGS/NEFT mode on

T+3 basis from the date of transaction where

the investor’s Bank details are available.

Processed through cheque on T+3 basis

from the date of transaction where the

required Bank details of investor are not

available.

Minimum Application Amount (Under each Option)

Purchase: ` 500/- and in multiples of ` 1/-

thereafter. Additional Purchase: ` 500/- and in

multiples of ` 1/- thereafter/ 50 units

Category of Scheme

Value Fund

Total Expense Ratio(As on month end)

`

Regular Plan - 1.46% - (1.24% Management

Fees + 0.22% GST (18% GST on 1.24%

Management Fees)

Direct Plan - 1.29% - (1.09% Management

Fees + 0.20% GST (18% GST on 1.09%

Management Fees)

Entry / Sales Load

Not Applicable

Upfront commission to distributors will be

paid by the investor directly to the

distributor, based on his assessment of

various factors including the service

rendered by the distributor.

Inception Date(Date of Allotment)

March 13, 2006

Declaration of Net Asset Value (NAV)

Every Business Day

Mr. Atul Kumar Work experience: 15 years. He has been

managing this fund Since November 15, 2006

Mr. Nilesh ShettyWork experience: 14 years. He has been

managing this fund Since March 28, 2011

RegularPlan( ` / Unit)Dividend Option

Growth Option

54.04 53.75

53.58 53.45

NAV(as on September 28, 2018)

Direct Plan(`/Unit)

Regular Plan(`/Unit)

Absolute AUM

899.25

Average AUM*

918.46

#The mentioned Tax Rates shall be increased by applicable surcharge, If any, Health and Education Cess @ 4% where ever as applicable. Equity oriented schemes will also attract Securities Transaction Tax (STT) @ 0.001% at the time of redemption and switch to other schemes.TRANSACTION CHARGES: No Transaction Charges shall be deducted from the investment amount for applications received in the Regular Plan.

September 2018

7

The Scheme is co-managed by Mr. Atul Kumar and Mr. Nilesh Shetty.For other Schemes Managed by Mr. Atul Kumar and Mr. Nilesh Shetty please see page no.39Mr. Atul Kumar is the Fund Manager effective from November 15, 2006Mr. Nilesh Shetty is the Associate Fund Manager effective from March 28, 2011.

Quantum Long Term Equity Value Fund Performance as on September 28, 2018

Key Statistics Brokerages & Commissions Details

September 29, 2017 to September 28, 2018 (1 year)

September 30, 2015 to September 28, 2018 (3 years)




Since Inception (13th March 2006)

5.55 17.18 13.24 10,553 11,713 11,320

13.63 12.96 12.69 14,667 14,408 14,304

17.13 14.90 15.19 22,040 20,017 20,274

14.90 13.57 13.41 26,446 24,371 24,124

16.19 12.51 12.14 44,837 32,491 31,441

14.30 11.70 11.64 53,580 40,130 39,870

Current Value ` 10,000 Investedat the beginning of a given period

Quantum Long Term Equity Value Fund - Direct Plan - Growth Option

Performance of the Scheme

Past performance may or may not be sustained in the future. Load is not taken into consideration in scheme returns calculation.Different Plans shall have a different expense structure.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).

Nifty 50 TRI Returns (`)

S&P BSE Sensex TRI

Returns (`)

SchemeReturns

(`)

Nifty 50 TRI Returns (%)

SchemeReturns

(%)

Past performance may or may not be sustained in the future. Load is not taken into consideration in scheme returns calculation.Different Plans shall have a different expense structure.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Regular plan launched on 1 April 2017 but not yet completed 3 years period since its launch


Since Inception (1st April 2017)

5.38 17.18 13.24 10,536 11,713 11,320

6.76 15.99 14.11 11,027 12,485 12,182


Quantum Long Term Equity Value Fund - Regular Plan - Growth Option


Nifty 50 TRI Returns (`)

SchemeReturns

(`)

Nifty 50 TRI Returns (%)

SchemeReturns

(%)

S&P BSE Sensex TRI

Returns (%)

S&P BSE Sensex TRI

Returns (%)

S&P BSE Sensex TRI Returns (`)

^^StandardDeviation

13.06%

^^Beta

0.86

^^SharpeRatio

0.54

Brokerages on Investments for September 2018 ` 2,63,545.38

Distributor Commissions paid during September 2018 ` 49,205.91

Portfolio Turnover Ratio (Last one year): 7.95%

Period

Period

September 2018

Past performance may or may not be sustained in the future. 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 ` 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, 10 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, 10 years and since Inception. *XIRR - XIRR calculates the internal rate of return to measure and compare the profitability of series of investments.

Total Amount Invested (`‘000)

Mkt Value as on September 30, 18 (`‘000)

Returns (XIRR*) (%)

S&P BSE - SENSEX TRI (XIRR*) (%)

NIFTY 50 TRI (XIRR*) (%)

1,500.00 1,200.00 840.00 600.00 360.00 120.00

3,883.22 2,597.98 1,367.19 804.55 418.29 121.45

14.28 14.81 13.74 11.76 10.11 2.33

11.64 12.82 13.34 12.57 15.26 10.97

11.51 12.58 13.08 12.26 14.11 7.95

Since Inception SIP 10 Years SIP 3 Years SIP7 Years SIP 5 Years SIP 1 Year SIP

SIP Performance of Quantum Long Term Equity Value Fund as on September 28, 2018 - Direct Plan - Growth Option

SIP Performance

Industry Allocation (% of Net Assets) as on December 31, 2017

Industry Allocation (% of Net Assets) as on September 30, 2018

8

0.08%1.23%

1.98%2.87%3.05%

3.81%4.05%

6.61%8.16%8.23%

10.59%13.79%

17.43%

0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20%

CementConstruction Project

Auto AncillariesFerrous Metals

Oil

Gas

Hotels, Resorts And Other Recreational ActivitiesPharmaceuticals

BanksPower

FinanceAuto

Software

September 2018

9

^^ Note:Risk Free Rate assumed to be 6.60% (FBIL Overnight MIBOR for 28th September 2018) for calculating Sharpe Ratio.Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns.Definitions Standard deviation measures historical volatility. A high standard deviation suggests high volatility, while lower standard deviation would refer to more stability.Beta is the tendency of a fund's returns to respond to market swings. A beta of 1 indicates that the fund price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.Sharpe Ratio is used to characterise how well the return of an asset compensates the investor for the risk taken. The greater a portfolio's Sharpe ratio, the better its risk-adjusted performance has been.Portfolio Turnover Ratio is the percentage of a funds assets that have changed over the course of a year.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Name of the Scheme This product is suitable for investors who are seeking*Quantum Long TermEquity Value Fund(An Open Ended EquityScheme following aValue InvestmentStrategy)

Investors understand that their principal will be at Moderately High Risk

Riskometer

Product Labeling

• Long term capital appreciation• Invests primarily in equity and equity related securities of companies in S&P BSE 200 index. Moderately Moderate Moderately

Low

High

L

ow

High

HIGHLOW

Name of Instrument QuantityIndustry / RatingMarket

Value InLakhs

% toNet

Assets

* Cash & Cash Equivalents

A) Listed /Awaiting listing on Stock Exchanges

1. Infosys Limited Software 10,24,210 7,477.25 8.32

2. Housing Development Finance Corporation Limited Finance 3,48,282 6,110.61 6.80

3. Bajaj Auto Limited Auto 2,02,108 5,431.55 6.04

4. Hero MotoCorp Limited Auto 1,60,666 4,712.74 5.24

5. Tata Consultancy Services Limited Software 1,95,873 4,277.28 4.76

6. Wipro Limited - Partly Paid Share Software 12,05,937 3,907.24 4.35

7. ICICI Bank Limited Banks 12,50,895 3,822.11 4.25

8. The Indian Hotels Company Limited Hotels, Resorts And Other Recreational Activities 26,60,205 3,641.82 4.05

9. State Bank of India Banks 13,22,740 3,511.87 3.91

10. GAIL (India) Limited Gas 9,02,910 3,422.03 3.81

11. Cipla Limited Pharmaceuticals 4,92,999 3,224.46 3.59

12. NTPC Limited Power 19,20,869 3,204.97 3.56

13. Oil & Natural Gas Corporation Limited Oil 15,48,367 2,743.71 3.05

14. Lupin Limited Pharmaceuticals 3,01,353 2,715.04 3.02

15. Power Grid Corporation of India Limited Power 13,83,168 2,605.89 2.90

16. Tata Steel Limited Ferrous Metals 4,37,273 2,541.65 2.83

17. LIC Housing Finance Limited Finance 5,56,691 2,323.63 2.58

18. Tata Motors Limited Auto 10,09,893 2,259.13 2.51

19. Exide Industries Limited Auto Ancillaries 6,70,819 1,780.69 1.98

20. PTC India Limited Power 23,81,506 1,588.46 1.77

21. Larsen & Toubro Limited Construction Project 86,632 1,102.05 1.23

22. Shriram Transport Finance Company Limited Finance 94,919 1,092.47 1.21

23. ACC Limited Cement 4,901 76.08 0.08

24. Tata Steel Limited - Partly Paid Share Ferrous Metals 24,999 34.09 0.04

B) Unlisted NIL NIL

Total of all Equity 73,606.82 81.88

MONEY MARKET INSTRUMENTS

A) Treasury Bills (T-Bill)

1. 364 Days Tbill (MD 13/06/2019) Sovereign 50,000 47.51 0.05

Total of T-Bill 47.51 0.05

B) Collateralised Borrowing & Lending Obligation (CBLO)* 16,147.15 17.96

Total of Money Market Instruments 16,194.66 18.01

Net Receivable/(payable) 123.12 0.11

Grand Total 89,924.60 100.00

September 2018

Portfolio as on September 30, 2018

QUANTUM LONG TERM EQUITY VALUE FUND

QUANTUM TAX SAVING FUNDAn Open Ended Equity Linked Saving Scheme with a Statutory Lock in

of 3 years and Tax Benefit

RegularPlan( ` / Unit)


Direct Plan(`/Unit)




Benchmark Index

S&P BSE Sensex Total Return Index

Investment Options

Growth & Dividend

Scheme Features

Investment Objective : The investment objective of the Scheme is to achieve long-term capital appreciation by

investing primarily in shares of companies that will typically be included in the S&P BSE 200 Index and are in a position

to benefit from the anticipated growth and development of the Indian economy and its markets.

Exit Load

Nil

Redemption Proceeds







available.


`


Fees + 0.22% GST (18% GST on 1.24%

Management Fees)


Fees + 0.20% GST (18% GST on 1.09%

Management Fees)

Entry / Sales Load

Not Applicable









multiples of ` 500/- thereafter


December 23, 2008


Every Business Day

Fund Manager &Associate Fund Manager

Mr. Atul KumarWork experience: 15 years. He has been

managing this fund since December 23, 2008

Mr. Sorbh Gupta Work experience: 12 years. He has been

managing this fund since October 1, 2016

Dividend Option 53.23 53.09

Growth Option 53.23 53.09

Category of Scheme

Equity Linked Saving Scheme (ELSS)

Lock-in Period

3 years from the date of allotment of the

respective Units

Taxation#


excess of ` 1,00,000/- in a year will be

taxable @ 10% Tax on Short Term Capital

Gains - 15%

10

Absolute AUM

71.21

Average AUM*

72.77

#The mentioned Tax Rates shall be increased by applicable surcharge, If any, Health and Education Cess @ 4% where ever as applicable. Equity oriented schemes will also attract Securities Transaction Tax (STT) @ 0.001% at the time of redemption and switch to other schemes.TRANSACTION CHARGES: No Transaction Charges shall be deducted from the investment amount for applications received in the Regular Plan.

September 2018

Quantum Tax Saving Fund Performance as on September 28, 2018

The Scheme is Co-Managed by Mr. Atul Kumar and Mr. Sorbh Gupta.For other Schemes Managed by Mr. Atul Kumar please see page no. 39Mr. Atul Kumar is the Fund Manager effective from December 23, 2008Mr. Sorbh Gupta is the Associate Fund Manager effective from October 1,2016





Since Inception (23rd Dec 2008)

5.93 17.18 13.24 10,591 11,713 11,320

13.92 12.96 12.69 14,778 14,408 14,304

17.14 14.90 15.19 22,051 20,017 20,274

14.98 13.57 13.41 26,563 24,371 24,124

18.66 16.11 15.66 53,230 43,049 41,436


SchemeReturns

(%)

S&P BSE Sensex TRI Returns (%)

Nifty 50 TRIReturns (%)

SchemeReturns

(`)


Nifty 50 TRIReturns (`)

Quantum Tax Saving Fund - Direct Plan - Growth Option


Past performance may or may not be sustained in the future.Different Plans shall have a different expense structure.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).

Period



5.75 17.18 13.24 10,574 11,713 11,320

6.97 15.99 14.11 11,060 12,485 12,182


Past performance may or may not be sustained in the future.Different Plans shall have a different expense structure.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Regular plan launched on 1 April 2017 but not yet completed 3 years period since its launch

Key Statistics Brokerages & Commissions Details

^^StandardDeviation

13.22%

^^Beta

0.87

^^SharpeRatio

0.55


SchemeReturns

(%)

S&P BSE Sensex TRI Returns (%)

Nifty 50 TRIReturns (%)

SchemeReturns

(`)


Nifty 50 TRIReturns (`) Period

11

Brokerages on Investments for September 2018 ` 16,784.88

Distributor Commissions paid during September 2018 ` 912.62


Quantum Tax Saving Fund - Regular Plan - Growth Option

September 2018

Total Amount Invested (`.‘000)


Returns (XIRR*) (%)

S&P BSE - SENSEX TRI (XIRR*) (%)

NIFTY 50 TRI (XIRR*) (%)

1,170.00 840.00 600.00 360.00 120.00

2,405.19 1,372.40 807.60 419.99 121.61

14.22 13.84 11.92 10.39 2.58

12.61 13.34 12.57 15.26 10.97

12.37 13.08 12.26 14.11 7.95

Since Inception SIP 7 Years SIP 5 Years SIP 3 Years SIP 1 Year SIP

Quantum Tax Saving Fund as on September 28, 2018 - Direct Plan - Growth Option

SIP Performance

Past performance may or may not be sustained in the future. Scheme performance has been calculated 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 ` 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. *XIRR - XIRR calculates the internal rate of return to measure and compare the profitability of series of investments.

Industry Allocation (% of Net Assets) as on December 31, 2017Industry Allocation (% of Net Assets) as on September 30, 2018

12September 2018

0.10%

2.03%

2.76%

10.50%

13.59%

18.30%

0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20%

2.82%

3.34%

3.76%

4.07%

7.17%

8.34%

8.41%

Cement

Construction Project

Ferrous Metals

Auto Ancillaries

Oil

Gas

Hotels, Resorts And OtherRecreational Activities

Pharmaceuticals

Banks

Power

Finance

Auto

Software


^^ Note:Risk Free Rate assumed to be 6.60% (FBIL Overnight MIBOR for 28th September 2018) for calculating Sharpe Ratio.Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns.Definitions Standard deviation measures historical volatility. A high standard deviation suggests high volatility, while lower standard deviation would refer to more stability.Beta is the tendency of a fund's returns to respond to market swings. A beta of 1 indicates that the fund price will move with the market. A beta of less than 1 means that these curity will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market. Sharpe Ratio is used to characterise how well the return of an asset compensates the investor for the risk taken. The greater a portfolio's Sharpe ratio, the better its risk-adjusted performance has been.Portfolio Turnover Ratio is the percentage of a funds assets that have changed over the course of a year.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Name of the Scheme This product is suitable for investors who are seeking*


Riskometer

Product Labeling

• Long term capital appreciation• Invests primarily in equity and equity related securities of companies in S&P BSE 200 index and to save tax u/s 80 C of the Income Tax Act. Investments in this product are subject to lock in period of 3 years.

Moderately Moderate Moderately

Low

High

L

ow

High

HIGHLOW

Quantum Tax Saving Fund(An Open Ended EquityLinked Saving Scheme witha Statutory Lock in of 3years and Tax Benefit)

Name of Instrument QuantityIndustryMarket

Value InLakhs

% to NetAssets

EQUITY & EQUITY RELATED a) Listed /Awaiting listing on Stock Exchanges 1. Infosys Limited Software 81,216 592.92 8.332. Housing Development Finance Corporation Limited Finance 27,479 482.12 6.773. Bajaj Auto Limited Auto 15,560 418.17 5.874. Tata Consultancy Services Limited Software 18,719 408.77 5.745. Hero MotoCorp Limited Auto 12,694 372.35 5.236. ICICI Bank Limited Banks 1,02,904 314.42 4.427. Wipro Limited - Partly Paid Share Software 93,038 301.44 4.238. The Indian Hotels Company Limited Hotels, Resorts And Other Recreational Activities 2,11,620 289.71 4.079. Cipla Limited Pharmaceuticals 43,345 283.50 3.9810. State Bank of India Banks 1,05,255 279.45 3.9211. NTPC Limited Power 1,64,298 274.13 3.8512. GAIL (India) Limited Gas 70,565 267.44 3.7613. Oil & Natural Gas Corporation Limited Oil 1,34,089 237.61 3.3414. Lupin Limited Pharmaceuticals 25,183 226.89 3.1915. Exide Industries Limited Auto Ancillaries 75,610 200.71 2.8216. Power Grid Corporation of India Limited Power 1,04,263 196.43 2.7617. Tata Steel Limited Ferrous Metals 33,426 194.29 2.7318. LIC Housing Finance Limited Finance 43,832 182.95 2.5719. Tata Motors Limited Auto 79,173 177.11 2.4920. Larsen & Toubro Limited Construction Project 11,383 144.80 2.0321. PTC India Limited Power 1,91,967 128.04 1.8022 . Shriram Transport Finance Company Limited Finance 7,169 82.51 1.1623 . ACC Limited Cement 464 7.20 0.1024. Tata Steel Limited - Partly Paid Share Ferrous Metals 1,717 2.34 0.03B) Unlisted NIL NILTotal of all Equity 6,065.30 85.19MONEY MARKET INSTRUEMENTS A) Collateralised Borrowing & Lending Obligation (CBLO)* 1,038.29 14.58 Net Receivable/(payable) 17.58 0.23Grand Total 7,121.17 100.00

13September 2018


QUANTUM TAX SAVING FUND

14

QUANTUM EQUITY FUND OF FUNDSAn Open Ended Fund of Funds scheme Investing in Open Ended Diversified Equity Schemes of Mutual Fund



Absolute AUM

25.73

Average AUM*

25.68

Category of Scheme

Fund of Funds – Domestic

Scheme Features

Investment Objective : The investment objective of the scheme is to generate long-term capital appreciation by investing in a portfolio of open-ended diversified equity schemes of mutual funds registered with SEBI. There can be no assurance of positive returns from following the stated investment strategy.


`


Fees + 0.10% GST (18% GST on 0.53%

Management Fees)


Fees + 0.08% GST (18% GST on 0.43%

Management Fees)

Entry / Sales Load

Not Applicable






Benchmark Index

S&P BSE 200 TRI

Investment Options

Growth & Dividend (Dividend Option will in turn

have two Facilities, Dividend Payout Facility and

Dividend Re-investment Facility)

Exit Load

Repurchase/ Redemption/ Switch Out - On

or before 365 days from the date of allot-

ment 1.5 %.

Research Services

Quantum Information Services Private

Limited (QIS) which owns the website

www.PersonalFN.com is the designated

agency to provide a recommended list of

diversified equity schemes to Quantum

Equity Fund of Funds. The investments in

diversified equity schemes is made by Quan-

tum Equity Fund of Funds based on / from

that recommended list of diversified equity

schemes provide by QIS.

Redemption Proceeds







available.




multiples of ` 1/- thereafter/ 50 units


July 20, 2009


Every Business Day

Fund Manager

Mr. Chirag MehtaWork experience: 14 years. He has been

managing this fund since November 1, 2013

RegularPlan( ` / Unit)Dividend Option

Growth Option

33.420 33.361

33.421 33.361


Direct Plan(`/Unit)


September 2018

Quantum Equity Fund of Funds Performance as on September 28, 2018

For other Schemes Managed by Mr. Chirag Mehta please see page no.39, 40Mr. Chirag Mehta is the Fund Manager effective from November 01,2013.

Brokerages & Commissions Details

Brokerages on Investments for September 2018 NIL

Distributor Commissions paid during September 2018 `278.74

^^StandardDeviation

14.24%

^^Beta

0.96

^^SharpeRatio

0.34





Since Inception (20th July 2009)

2.77 9.57 17.18 10,276 10,954 11,713

10.92 12.85 12.96 13,642 14,366 14,408

19.43 16.76 14.90 24,281 21,695 20,017

14.88 14.12 13.57 26,411 25,210 24,371

14.01 12.06 11.51 33,421 28,507 27,243


Quantum Equity Fund of Funds - Direct Plan - Growth Option


Past performance may or may not be sustained in the future. Load is not taken into consideration in scheme retuarns calucation.Different Plans shall have a different expense structure.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).

S&P BSESensex TRI

Returns (`)

S&P BSE 200 TRI

Returns (`)

SchemeReturns

(`)

S&P BSESensex TRI

Returns (%)

SchemeReturns

(%)

Past performance may or may not be sustained in the future. Load is not taken into consideration in scheme retuarns calucation.Different Plans shall have a different expense structure.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Regular plan launched on 1 April 2017 but not yet completed 3 years period since its launch



2.65 9.57 17.18 10,264 10,954 11,713

7.06 11.98 15.99 11,075 11,844 12,485


Quantum Equity Fund of Funds - Regular Plan - Growth Option


S&P BSESensex TRI

Returns (`)

SchemeReturns

(`)

S&P BSESensex TRI

Returns (%)

SchemeReturns

(%)

S&P BSE 200 TRI

Returns (%)

S&P BSE 200 TRI

Returns (%)

S&P BSE 200 TRI

Returns (`)

15

Key Statistics

Period

Period

September 2018

Name of Instrument QuantityMarket

Value InLakhs

% to NetAssets


Past performance may or may not be sustained in the future. 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 ` 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. *XIRR - XIRR calculates the internal rate of return to measure and compare the profitability of series of investments.



Returns (XIRR*) (%)

S&P BSE 200 TRI (XIRR*) (%)

S&P BSE SENSEX TRI (XIRR*) (%)

1,100.00 840.00 600.00 360.00 120.00

2,060.52 1,399.55 809.43 411.51 115.89

13.26 14.40 12.01 8.99 -6.50

12.45 13.84 12.63 12.84 1.91

12.07 13.34 12.57 15.26 10.97

Since Inception SIP 7 Years SIP 5 Years SIP 1 Year SIP3 Year SIP

SIP Performance of Quantum Equity Fund of Funds as on September 28, 2018 - Direct Plan - Growth Option

SIP Performance

MUTUAL FUND UNITS

1. Mirae Asset India Equity Fund-Direct Plan-Growth Option 7,81,798 389.83 15.15

2. ICICI Prudential Bluechip Fund-Direct Plan-Growth Option 8,70,949 371.46 14.43

3. Aditya Birla Sun Life Frontline Equity Fund-Direct Plan-Growth Option 1,61,339 361.13 14.03

4. Franklin India Equity Fund-Direct Plan-Growth Option 59,460 357.62 13.90

5. Invesco India Growth Opportunities Fund-Direct Plan-Growth Option 9,99,228 351.63 13.66

6. Franklin India PRIMA FUND-Direct Plan-Growth Option 35,213 334.86 13.01

7. L&T Mid Cap Fund-Direct Plan-Growth Option 2,43,183 329.76 12.81

Total of Mutual Fund Units 2,496.29 96.99


A) Collateralised Borrowing & Lending Obligation (CBLO)* 70.76 2.75


Grand Total 2,573.42 100.00

16September 2018


QUANTUM EQUITY FUND OF FUNDS

^^ Note:Risk Free Rate assumed to be 6.60% (FBIL Overnight MIBOR for 28th September 2018) for calculating Sharpe Ratio.Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns.Definitions Standard deviation measures historical volatility. A high standard deviation suggests high volatility, while lower standard deviation would refer to more stability.Beta is the tendency of a fund's returns to respond to market swings. A beta of 1 indicates that the fund price will move with the market. A beta of less than 1 means that thesecurity will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.Sharpe Ratio is used to characterise how well the return of an asset compensates the investor for the risk taken. The greater a portfolio's Sharpe ratio, the better its risk-adjusted performance has been.

#The mentioned Tax Rates shall be increased by applicable surcharge, If any, Health and Education Cess @ 4% where ever as applicable.Equity oriented schemes will also attract Securities Transaction Tax (STT) @ 0.001% at the time of redemption and switch to other schemes.The Schemes which are selected for investments in QEFOF based on QIS / PFN Research.TRANSACTION CHARGES: No Transaction Charges shall be deducted from the investment amount for applications received in the Regular Plan.


Name of the Scheme This product is suitable for investors who are seeking*Quantum Equity Fundof Funds (An OpenEnded Fund of Funds scheme Investing in Open Ended DiversifiedEquity Schemes ofMutual Funds) Investors understand that their principal will be at Moderately High Risk

Riskometer

Product Labeling

• Long term capital appreciation• Investments in portfolio of open-ended diversified equity schemes of mutual funds registered with SEBI whose underlying investments are in equity and equity related securities of diversified companies.


Low

High

L

ow

High

HIGHLOW

Tax on Capital Gains# Resident Individuals & HUF

FII’s / Overseas FinancialOrganisations

Partnership Firm Non Resident Indians IndianCompanies

Foreign Companies

Short Term Maximum 30% 30% 30% Maximum 30% 30% 40%

10% without Indexation (ontransfer of long term capitalassets being unlisted securities)

Indexation20% with

10% without Indexation (on transferof long term capital assets beingunlisted securities)

20% with Indexation10% without Indexation20% with IndexationLong Term

17September 2018

QUANTUM DYNAMIC BOND FUNDAn Open Ended Dynamic Debt Scheme Investing Across Duration

Investment Objective : To generate income and capital appreciation through active management of portfolio consisting of short term, long term debt and money market instruments.

RegularPlan( ` / Unit)Monthly Dividend Option

Growth Option

10.1461 10.1430

13.0529 13.0345


Direct Plan(`/Unit)




Absolute AUM

59.88

Average AUM*

60.82

Benchmark Index

CRISIL Composite Bond Fund Index

Exit Load

Nil


May 19, 2015

Fund Manager

Mr. Pankaj Pathak Work experience: 08 years. He has been

managing this fund since March 01, 2017


Every Business Day

Investment Options

Growth Option, Monthly Dividend Payout Option

and Monthly Dividend Reinvestment Option

Scheme Features

Entry/ Sales Load

Not Applicable








thereafter.

Additional Purchase: ` 500/- and in multiples

of ` 1/- thereafter/ 50 units

Redemption Proceeds

Processed through RTGS/NEFT mode on T+1

basis from the date of transaction where the

investor’s Bank details are available.

Processed through cheque on T+1 basis from

the date of transaction where the required

Bank details of investor are not available.Total Expense Ratio (As on month end)

`

Regular Plan - 0.79% - (0.67%

Management Fees + 0.12% GST (18%

GST on 0.67% Management Fees)

Direct Plan - 0.67% - (0.57%

Management Fees + 0.10% GST (18%

GST on 0.57% Management Fees)

Category of Scheme

Dynamic Bond Fund

18September 2018

Regular Plan

Record Date Net Dividend per unit (`)(Post Dividend Distribution Tax)

Individual Non Individual Individual Non Individual

Net Dividend per unit (`)(Post Dividend Distribution Tax)

Dividend History - Monthly Dividend option Direct Plan Regular Plan

Asset Allocation & Rating Profile (% of Net Assets) as on September 30, 2018

19

Brokerages & Commissions DetailsWeighted Average Maturity

as on September 30, 2018(Years)

At the end of the month 3.71

Modified Duration 2.84

Brokerages on Investments for September 2018 `10,000.00

Distributor commissions paid during September 2018 `499.21

Portfolio Yield 7.50%

Govt. Securities & Treasury Bills,

57.75%

Public Financial Institution,

24.86%

CBLO & Net Receivable / (Payable),

17.39%

Govt. Securities &Treasury Bills

Public Financial Institution

CBLO & Net Receivable / (Payable)

Sovereign, 57.75%

AAA,24.86%


17.39%

Sovereign

AAA


25-Jul-18

27-Aug-18

25-Sep-18

Nil Nil Nil Nil

0.04942548 0.04536434 0.04472592 0.04105093

Nil Nil Nil Nil

September 2018

20

For other Schemes Managed by Mr. Pankaj Pathak please see page no.41Mr. Pankaj Pathak is the Fund Manager effective from March 01,2017.

Quantum Dynamic Bond Fund Performance as on September 28, 2018

Past performance may or may not be sustained in the future. Different Plans shall have a different expense structure.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Regular plan launched on 1 April 2017 but not yet completed 3 years period since its launch

Past performance may or may not be sustained in the future. Different Plans shall have a different expense structure.The Scheme has been in existence for more than 3 year but has not yet completed 5 years period from inception.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).


SchemeReturns

(%)

CRISIL 10 YearGilt Index

Returns (%)

SchemeReturns (`)

CRISIL CompositeBond Fund Index

Returns (`)


Returns (%)


Returns (`)

Quantum Dynamic Bond Fund - Direct Plan - Growth Option

Performance of the scheme

Period


SchemeReturns

(%)


Returns (%)

SchemeReturns (`)


Returns (`)


Returns (%)


Returns (`)

Quantum Dynamic Bond Fund - Regular Plan - Growth Option


Period



0.65 0.54 -3.00 10,065 10,054 9,701

4.16 3.28 -0.52 10,629 10,495 9,922



Since Inception (19th May 2015)

0.75 0.54 -3.00 10,075 10,054 9,701

7.31 6.56 4.81 12,355 12,098 11,513

8.23 7.04 5.44 13,053 12,574 11,954

September 2018

Name of Instrument RatingMarket

Value InLakhs

% to NetAssets

#The mentioned Tax Rates shall be increased by applicable surcharge, If any, Health and Education Cess @ 4% where ever as applicable.Equity oriented schemes will also attract Securities Transaction Tax (STT) @ 0.001% at the time of redemption and switch to other schemes.TRANSACTION CHARGES: No Transaction Charges shall be deducted from the investment amount for applications received in the Regular Plan.

DEBT INSTRUEMENTS

A) Listed /Awaiting listing on Stock Exchanges

i) Bonds

1. 9.25% EXIM Bank NCD (MD 12/07/2022) CRISIL AAA 506.41 8.46

2. 7.72% IRFC NCD Series 128 (MD 07/06/2019) CRISIL AAA 497.53 8.31

3. 6.98% NABARD NCD SR 18 G (MD 30/09/2020) CRISIL AAA 484.40 8.09

Total of Bonds 1,488.34 24.86

ii) Government Securities

1. 6.84% GOI (MD 19/12/2022) Sovereign 2,414.52 40.32

2. 7.17% GOI (MD 08/01/2028) Sovereign 944.70 15.78

Total of Government Securities 3,359.22 56.10

B) Privately Placed/Unlisted NIL NIL

C) Securitized Debt Instruments NIL NIL

Total of Debt Instruments 4,847.56 80.96


A) Treasury Bills (T-Bill)

1. 364 Days Tbill (MD 13/12/2018) Sovereign 98.64 1.65

Total of T-Bills 98.64 1.65

B) Commercial Papers (CP)

Total of CPs - 0.00

C) Collateralised Borrowing & Lending Obligation (CBLO)* 938.84 15.68


Net Receivable / (Payables) 102.79 1.71

Grand Total 5,987.83 100.00


LOW HIGH


Quantum DynamicBond Fund(An Open EndedDynamic DebtScheme InvestingAcross Duration)

• Regular income over short to medium term and capital appreciation• Investment in Debt / Money Market Instruments / Government Securities.

Investors understand that their principal will be at Moderate Risk

Riskometer

Product Labeling


Low

High

L

ow

High

HIGHLOW





Foreign Companies



Indexation20% with



21September 2018


QUANTUM DYNAMIC BOND FUND

QUANTUM LIQUID FUNDAn Open Ended Liquid Scheme

RegularPlan( ` / Unit)Daily Dividend Option

Monthly Dividend Option

Growth Option

10.0094 10.0042

10.0178 10.0179

24.6507 24.6309


Direct Plan(`/Unit)




Benchmark Index

Crisil Liquid Fund Index

Exit Load

Nil


April 07, 2006

Fund Manager

Mr. Pankaj Pathak Work experience: 08 years. He has been

managing this fund since March 01, 2017


Every Business Day Investment Options

Growth, Daily Dividend Reinvestment & Monthly

Dividend Option – Two facilities (i) Dividend Re -

Investment Facility, (ii) Dividend Payout Facility

Redemption Proceeds






Bank details of investor are not available.

Entry/ Sales Load

Not Applicable

Upfront commission to distributors will

be paid by the investor directly to the




Scheme Features

Investment Objective : The primary investment objective of the Scheme is to provide optimal returns with low to moderate levels of risk and high liquidity through judicious investments in money market and debt instruments.

Total Expense Ratio (As on month end)

`


Fees + 0.04% GST (18% GST on 0.20%

Management Fees)


Fees + 0.03% GST (18% GST on 0.15%

Management Fees)


Growth Option: ` 5,000/-and in multiples of ` 1/- thereafter. Monthly Dividend Option: ` 10,000/- and in multiples of ` 1/- thereafter. Daily Dividend Reinvestment Option: ` 1,00,000/- and in multiples of ` 1/- thereafter. Additional Investment: ` 500/- and in multiples of ` 1/- thereafter /50 units (For all options)

Category of Scheme

Liquid Fund

22

Absolute AUM

167.01

Average AUM*

144.62

September 2018

Brokerages & Commissions DetailsWeighted Average Maturity

as on September 30, 2018(Days)

At the end of the month 46

Average during the month 46

Modified Duration 43

Regular Plan

Record Date Net Dividend per unit (`)(Post Dividend Distribution Tax)

Individual Non Individual Individual Non Individual

Net Dividend per unit (`)(Post Dividend Distribution Tax)

Dividend History - Monthly Dividend option Direct Plan


25-Jul-18 0.03748981 0.03440939 0.03714658 0.03409435

27-Aug-18 0.04095056 0.03758577 0.04057050 0.03723694

25-Sep-18 0.03443782 0.03160817 0.03414770 0.03134188

23

Brokerages on Investments for September 2018 `8,500.00

Distributor commissions paid during September 2018 `888.27

Portfolio Yield 6.60%

CBLO & Net Receivable /

(Payable), 11.03%

Govt. Securities, 65.25%

Public Financial Institution,

11.86%

Petroleum, 5.94%

Energy,5.92%


Govt. Securities

Public Financial Institution

Petroleum

Energy

CBLO & Net Receivable /

(Payable), 11.03%

A1+,23.72%

Sovereign, 65.25%


A1+

Sovereign

September 2018

Quantum Liquid Fund Performance as on September 28, 2018

For other Schemes Managed by Mr. Pankaj Pathak please see page no.41Mr. Pankaj Pathak is the Fund Manager effective from March 01,2017.

September 23, 2018 to September 30, 2018 (7 Days)*


August 31, 2018 to September 30, 2018 (1 Month)*

September 30, 2017 to September 30, 2018 (1 year)**

September 30, 2015 to September 30, 2018 (3 years)**




Since Inception (07th April 2006)**

7.44 6.93 5.95 10,014 10,013 10,011

7.00 7.24 7.47 10,029 10,030 10,031

6.51 7.24 4.10 10,053 10,059 10,034

6.32 7.21 5.59 10,632 10,721 10,559

6.49 7.19 6.33 12,079 12,320 12,025

7.34 7.92 7.24 14,253 14,643 14,184

7.79 8.12 7.14 16,918 17,275 16,208

7.42 7.54 6.50 20,470 20,693 18,775

7.49 7.44 6.24 24,651 24,523 21,302

Current Value `10,000 Investedat the beginning of a given period

SchemeReturns

(%)

Crisil LiquidFund IndexReturns (%)

Crisil 1 yearT-bill IndexReturns (%)

SchemeReturns

(`)

Crisil LiquidFund IndexReturns (`)

Crisil 1 yearT-bill IndexReturns (`)

Quantum Liquid Fund - Direct Plan - Growth Option


Past performance may or may not be sustained in the future. Different Plans shall have a different expense structure.* Simple Annualized** Returns for 1 year and above period are calculated on the basis of Compounded Annualized Growth Rate (CAGR).



August 31, 2018 to September 30, 2018 (1 Month)*

September 30, 2017 to September 30, 2018 (1 year)**

Since Inception (1st April 2017)**

7.38 6.93 5.95 10,014 10,013 10,011

6.94 7.24 7.47 10,029 10,030 10,031

6.46 7.24 4.10 10,055 10,059 10,034

6.26 7.21 5.59 10,626 10,721 10,559

6.15 7.03 5.58 10,938 11,074 10,850

Quantum Liquid Fund - Regular Plan - Growth Option


Past performance may or may not be sustained in the future. Different Plans shall have a different expense structure.* Simple Annualized** Returns for 1 year and above period are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Regular plan launched on 1 April 2017 but not yet completed 3 years period since its launch

Period

Period


SchemeReturns

(%)


Crisil 1 yearT-bill IndexReturns (%)

SchemeReturns

(`)

Crisil LiquidFund IndexReturns (`)

Crisil 1 yearT-bill IndexReturns (`)

24September 2018

Name of Instrument Rating ResidualMaturity(in days)

MarketValue In

Lakhs

% to NetAssets

#The mentioned Tax Rates shall be increased by applicable surcharge, If any, Health and Education Cess @ 4% where ever as applicable.Equity oriented schemes will also attract Securities Transaction Tax (STT) @ 0.001% at the time of redemption and switch to other schemes. TRANSACTION CHARGES: No Transaction Charges shall be deducted from the investment amount for applications received in the Regular Plan.

DEBT INSTRUEMENTS

A) Listed /Awaiting Listing on Stock Exchanges NIL NIL NIL

B) Privately Placed/Unlisted NIL NIL NIL

C) Securitized Debt Instruments NIL NIL NIL

Total of Debt Instruments NIL NIL


A) Commercial Papers (CP)

1. Indian Oil Corporation Ltd CP (MD 15/11/2018) CRISIL A1+ 46 991.25 5.94

2. Power Grid Corporation Ltd CP (MD 29/11/2018) CRISIL A1+ 60 988.58 5.92

3. Rural Electrification Corp Ltd CP (MD 03/12/2018) CRISIL A1+ 64 987.73 5.91

4. National Bank For Agri & Rural CP (MD 31/10/2018) CRISIL A1+ 31 497.11 2.98

5. National Bank For Agri & Rural CP (MD 05/11/2018) CRISIL A1+ 36 496.60 2.97

Total of CPs 3,961.27 23.72

B) Treasury Bills (T-Bill)

1. 91 Days Tbill (MD 01/11/2018) Sovereign 32 1,988.65 11.91



4. 91 Days Tbill (MD 11/10/2018) Sovereign 11 998.19 5.98






Total of T-Bills 10,894.96 65.25

C) Collateralised Borrowing & Lending Obligation (CBLO)* 2,641.24 15.81


Net Receivable / (Payables) (796.19) -4.78

Grand Total 16,701.28 100.00



LOW HIGH


Quantum Liquid Fund(An Open EndedLiquid Scheme)

• Income over the short term• Investments in debt / money market instruments.

Investors understand that their principal will be at Low risk

Riskometer

Product Labeling


Low

High

L

ow

High

HIGHLOW




Foreign Companies



Indexation20% with



25September 2018


QUANTUM LIQUID FUND

QUANTUM GOLD SAVINGS FUNDAn Open Ended Fund of Fund Scheme Investing in Quantum Gold Fund

26

RegularPlan( ` / Unit)


Direct Plan(`/Unit)




Benchmark Index

Domestic Price of Gold

Investment Options

Growth

Scheme Features

Investment Objective : The investment objective of the Scheme is to provide capital appreciation by predominantly investing in units of Quantum Gold Fund Replicating / Tracking Gold an Exchange Traded Fund The performance of the Scheme may differ from that of Quantum Gold Fund and the domestic prices of gold due to expenses and certain other factors. There can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Exit Load

The exit load will be NIL for the prospective

investments made on or after

December 11, 2017.

Redemption Proceeds







available.


`

Regular Plan - 0.18% - (0.15% Other Expenses

+ 0.03% GST (18% GST on 0.15% Other

Expenses )

Direct Plan - 0.06% - (0.05% Other Expenses

+ 0.01% GST (18% GST on 0.05% Other

Expenses )

Entry / Sales Load

Not Applicable







Purchase : ` 500/- and in multiples of ` 1/-


multiples of ` 1/- thereafter / 50 unitsInception Date(Date of Allotment)

May 19, 2011


Every Business Day

Fund Manager

Mr. Chirag MehtaWork experience: 14 years. He has been

managing this fund since May 19, 2011

Growth Option 12.5570 12.5345

Category of Scheme

Fund of Fund – Domestic

Absolute AUM

14.11

Average AUM*

14.16

September 2018

12.5570 12.534512.5570 12.5345


27



*Portfolio Turnover Ratio (Last one year): 17.95%



Units of Quantum Gold Fund

Quantum Gold Savings Fund Performance as on September 28, 2018

For other Schemes Managed by Mr. Chirag Mehta please see page no.39, 40Mr. Chirag Mehta is the Fund Manager effective from May 19,2011.





Since Inception (19th May 2011)

1.37 1.86 10,136 10,186

3.38 4.71 11,046 11,480

-1.03 0.22 9,498 10,111

0.84 2.19 10,606 11,637

3.14 4.48 12,557 13,817


SchemeReturns

(%)

SchemeReturns

(`)

Domestic Price of Gold Returns (%)

Domestic Price of Gold Returns (`)

Quantum Gold Savings Fund - Direct Plan


Past performance may or may not be sustained in the future. Load is not taken into consideration in scheme retuarns calucation.Different Plans shall have a different expense structure.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).

*Portfolio Turnover Ratio is the percentage of a funds assets that have changed over the course of a year.

Units of Quantum Gold Fund,

99.74%


0.26%

Period

September 2018

28


Value InLakhs

% to NetAssets

A) EXCHANGE TRADED FUND UNITS

1. Quantum Gold Fund 1,04,536 1,407.00 99.74

Total of Exchange Traded Funds 1,407.00 99.74

B) MONEY MARKET INSTRUMENTS

1. Collateralised Borrowing & Lending Obligation (CBLO)* 1.53 0.11


Grand Total 1,410.66 100.00

September 2018


Past performance may or may not be sustained in the future. Load is not taken into consideration in scheme retuarns calucation.Different Plans shall have a different expense structure.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Regular plan launched on 1 April 2017 but not yet completed 3 years period since its launch



1.25 1.86 10,125 10,186

1.99 3.36 10,298 10,507


SchemeReturns

(%)

SchemeReturns

(`)



Quantum Gold Savings Fund - Regular Plan


Period



Returns (XIRR*) (%)

Domestic Price of Gold (XIRR*) (%)

880.00 840.00 600.00 360.00 120.00

896.72 850.46 617.64 368.13 120.57

0.51 0.35 1.15 1.47 0.91

1.66 1.49 2.33 1.92 1.62

Since Inception SIP 7 Years SIP 5 Years SIP 3 Years SIP 1 Year SIP

SIP Performance of Quantum Gold Savings Funds as on September 28, 2018 - Direct Plan

SIP Performance

Past performance may or may not be sustained in the future. 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 `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. *XIRR - XIRR calculates the internal rate of return to measure and compare the profitability of series of investments.


QUANTUM GOLD SAVINGS FUND

29

#The mentioned Tax Rates shall be increased by applicable surcharge, If any, Health and Education Cess @ 4% where ever as applicable.Equity oriented schemes will also attract Securities Transaction Tax (STT) @ 0.001% at the time of redemption and switch to other schemes.TRANSACTION CHARGES: No Transaction Charges shall be deducted from the investment amount for applications received in the Regular Plan.




Foreign Companies



Quantum Gold SavingsFund(An Open Ended Fundof Fund SchemeInvesting in QuantumGold Fund)


Riskometer

Product Labeling

• Long term returns• Investments in units of Quantum Gold Fund - Exchange Traded Fund whose underlying investments are in physical gold.


Low

High

L

ow

High

HIGHLOW


20% with Indexation (on transfer of long term capital assets being listed securities)

Indexation20% with

20% with Indexation (on transfer of long term capital assets being listedsecurities)


September 2018

QUANTUM MULTI ASSET FUNDAn Open Ended Fund of Funds Scheme Investing in schemes of

Quantum Mutual Fund

30

RegularPlan( ` / Unit)Growth Option


Direct Plan

(`/Unit)

RegularPlan

(`/Unit)



Fund Manager Benchmark Index

Crisil Composite Bond Fund Index (40%)+

S&P BSE SENSEX Total Return Index (40%)+

Domestic price of gold (20%)

Investment Options

Growth


July 11, 2012


Redemption Proceeds


Every Business Day

Exit Load

Repurchase/ Redemption/ Switch Out -

a) On or before 90 days from the date of

allotment 1.00%.

b) After 90 days from the date of allotment Nil

Entry/ Sales Load

Category of Scheme

Fund of Funds – Domestic

Total Expense Ratio (As on month end)

Regular Plan - 0.38% - (0.32% Other Fees +

0.06% GST (18% GST on 0.32% Other Expenses)

Direct Plan - 0.26% - (0.22% Other Fees + 0.04%

GST (18% GST on 0.22% Other Expenses )

Scheme Features

Investment Objective : The investment objective of the Scheme is to generate modest capital appreciation while trying to reduce risk (by diversifying risks across asset classes) from a combined portfolio of equity, debt / money markets and Gold schemes of Quantum Mutual Fund. The Scheme may invest in the units of debt / money market schemes of other mutual funds to gain exposure to debt as an asset class to manage any investment and regulatory constraints that arise/ that prevent the Scheme from increasing investments in the schemes of Quantum Mutual Fund. There can be no assurance that the investment objective of the Scheme will be realized.

Not Applicable


paid by the investor directly to the distributor,

based on his assessment of various factors

including the service rendered by the

distributor.







Purchase: `500/- and in multiples of `1/-

thereafter.

Additional Purchase: `500/- and in multiples

of `1/- thereafter/ 50 units

Mr. Chirag Mehta & Mr. Nilesh Shetty Work experience: 14 years Respectively. Both

have been managing this fund since July 11, 2012

17.5765 17.5544 Absolute AUM

15.62

Average AUM*

15.90

September 2018

31

Quantum Multi Asset Fund Performance as on September 28, 2018

The Scheme is Co-Managed by Chirag Mehta and Nilesh Shetty.For other Schemes Managed by Chirag Mehta and Nilesh Shetty. please see page no.39, 40Mr. Chirag Mehta & Mr. Nilesh Shetty are Fund Managers effective from July 11, 2012

Past performance may or may not be sustained in the future. Load is not taken into consideration in scheme returns calucation.Different Plans shall have a different expense structure.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).# Indicates CRISIL Composite Bond Fund Index (40%) + S&P BSE SENSEX Total Return Index (40%) + Domestic price of Gold (20%)


Past performance may or may not be sustained in the future. Load is not taken into consideration in scheme returns calucation.Different Plans shall have a different expense structure.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Regular plan launched on 1 April 2017 but not yet completed 3 years period since its launch# Indicates CRISIL Composite Bond Fund Index (40%) + S&P BSE SENSEX Total Return Index (40%) + Domestic price of Gold (20%)@The Benchmark Return for the scheme till August 2018 is calculated and shown excluding daily rebalancing of weights of 3 Asset Classes in which Scheme invests i.e. Equity, Debt and Gold. As the Scheme is a daily price scheme and to represent daily rebalancing of weights of the Asset Classes in the Benchmark to make fair comparison with scheme performance, the Benchmark computation as of 30th September, 2018 is done to daily rebalancing of weights of the Asset Classes effective from inception date of the scheme i.e. July 11, 2012 in case of Direct Plan and April 1, 2017 in case of the Regular Plan.

Key Statistics

^^StandardDeviation

4.86%

^^Beta

0.66

^^SharpeRatio

0.42







5.39 7.38 10,538 10,735

8.89 9.01 12,908 12,951

10.15 9.73 16,211 15,905

9.49 9.20 17,577 17,295


SchemeReturns (%)

SchemeReturns (`)

BenchmarkReturns (%)#@

BenchmarkReturns (`)#@


Period

Quantum Multi Asset Fund - Direct Plan



5.26 7.38 10,525 10,735

6.18 8.42 10,938 11,285


Regular Plan Performance

PeriodScheme

Returns (%)Scheme

Returns (`)Benchmark

Returns (%)#@Benchmark

Returns (`)#@

Quantum Multi Asset Fund - Regular Plan

September 2018



Returns (XIRR*) (%)

CRISIL Composite Bond Fund Index (40%) + S&P BSE Sensex Total

Return Index (40%) + Domestic price of Gold (20%) (XIRR*) (%)

740.00 600.00 360.00 120.00

969.33 736.65 403.11 122.71

8.69 8.20 7.58 4.35

10.29 10.47 11.85 15.50

Since Inception SIP

5 Years SIP 3 Years SIP 1 Year SIP

SIP Performance of Quantum Multi Asset Fund as on September 28, 2018 - Direct Plan

SIP Performance

Past performance may or may not be sustained in the future.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 ` 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 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 and since Inception.*XIRR - XIRR calculates the internal rate of return to measure and compare the profitability of series of investments.


^^ Note:Risk Free Rate assumed to be 6.60% (FBIL Overnight MIBOR for 28th September 2018) for calculating Sharpe Ratio.Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns.DefinitionsStandard deviation measures historical volatility. A high standard deviation suggests high volatility, while lower standard deviation would refer to more stability.Beta is the tendency of a fund's returns to respond to market swings. A beta of 1 indicates that the fund price will move with the market. A beta of less than 1 means that these curity will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.Sharpe Ratio is used to characterise how well the return of an asset compensates the investor for the risk taken. The greater a portfolio's Sharpe ratio, the better its risk-adjusted performance has been.


Value InLakhs

% to NetAssets

A) MUTUAL FUND UNITS 1. Quantum Liquid Fund - Direct Plan Growth Option 29,95,113 738.32 47.272. Quantum Long Term Equity Value Fund - Direct Plan Growth Option 8,12,116 435.13 27.863. Quantum Dynamic Bond Fund - Direct Plan Growth Option 8,33,789 108.83 6.97Total of Mutual Fund Units 1,282.28 82.10B) EXCHANGE TRADED FUND UNITS 1. Quantum Gold Fund 17,552 236.24 15.122. Quantum Nifty ETF 3,070 33.92 2.17Total of Exchange Traded Fund Units 270.16 17.29Total (A+B) 1,552.44 99.39MONEY MARKET INSTRUMENTS A) Collateralised Borrowing & Lending Obligation (CBLO)* 32.12 2.06Net Receivable/(payable) -22.50 -1.45Grand Total 1,562.06 100.00



Quantum Multi AssetFund(An Open Ended Fundof Funds SchemeInvesting in schemesof Quantum MutualFund)

• Long term capital appreciation & Current income• Investments in portfolio of schemes of Quantum Mutual Fund whose underlying investments are in equity , debt/ money market instruments and gold


Riskometer

Product Labeling


Low

High

L

ow

High

HIGHLOW

#The mentioned Tax Rates shall be increased by applicable surcharge, If any, Health and Education Cess @ 4% where ever as applicable.Equity oriented schemes will also attract Securities Transaction Tax (STT) @ 0.001% at the time of redemption and switch to other schemes.TRANSACTION CHARGES: No Transaction Charges shall be deducted from the investment amount for applications received in the regular plan.




Foreign Companies



Indexation20% with



32

September 2018


QUANTUM MULTI ASSET FUND

QUANTUM GOLD FUNDAn Open Ended Scheme Replicating / Tracking Gold

33

Growth Option


(`/Unit)




Domestic Price of Physical Gold

Investment Options

Growth


February 22, 2008


Redemption Proceeds


Every Business Day

1350.9811

Exit Load

Nil

(retail investor can exit the scheme only through

secondary market)

Entry/ Sales Load

Category of Scheme

Exchange Traded Fund

Current Total Expense Ratio (As on month end)

1.03% - (0.87% Management Fees + 0.16% GST

(18% GST on 0.87% Management Fees)

Scheme Features

Investment Objective : The Investment Objective of the Scheme is to generate returns that are in line with the performance of gold and gold related instruments subject to tracking errors. However, investment in gold related instruments will be made if and when SEBI permits mutual funds to invest, in gold related instruments. The Scheme is designed to provide returns that before expenses, closely correspond to the returns provided by gold.

Not Applicable





distributor.







Directly with Fund: The investors can create /

redeem in exchange of Portfolio Deposit and

Cash Component in creation unit size at NAV

based Price. On the Exchange: Approx equal

to price of 1/2 gram of Gold quoted on the

NSE. On NSE, the units can be purchased /

sold in minimum lot of 1 units and in multiples

therefore.

Mr. Chirag Mehta Work experience: 14 years. He has been

managing this fund Since May 01, 2009

Absolute AUM

53.98

Average AUM*

54.37

September 2018

34






Since Inception (22nd Feb 2008)

0.84 1.86 10,084 10,186

3.62 4.71 11,124 11,480

-0.80 0.22 9,606 10,111

1.16 2.19 10,838 11,637

7.16 8.26 19,971 22,105

8.07 8.86 22,787 24,612

SchemeReturns

(%)

SchemeReturns

(`)



Quantum Gold Fund


Past performance may or may not be sustained in the future.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).The Scheme being Exchange Traded Fund has one plan to invest through stock exchange and having a single expense structure.


Asset Allocation (% of Net Assets) as on September 30, 2018

GOLD,100.02%

CBLO,0.20%

Net Receivables/(Payables),-0.22%

GOLD

CBLO

Net Receivables/(Payables)

For other Schemes Managed by Mr. Chirag Mehta please see page no.39, 40 Mr. Chirag Mehta is the Fund Manager effective from May 01,2009.

Quantum Gold Fund Performance as on September 28, 2018

Brokerages & Commissions DetailsKey Statistics

^^Tracking Error

0.099%

Brokerages on Investments for September 2018 NIL

Distributor Commissions paid during September 2018 NIL


Period

September 2018


Value InLakhs

% to NetAssets

GOLD 1. 1 KG Bar (995 fineness) 177 5,384.25 99.742. 100 Gms Bar (999 fineness) 5 15.27 0.28Total of Gold 5,399.52 100.02MONEY MARKET INSTRUMENTS A) Collateralised Borrowing & Lending Obligation (CBLO)* 10.58 0.20Net Receivable/(payable) -11.89 -0.22Grand Total 5,398.21 100.00* Cash & Cash Equivalents


QUANTUM GOLD FUND

^^ Note:Tracking Error is calculated on Annualised basis using 3 years history of daily returns.^^ Definitions Tracking Error is a measure of how closely a fund follows the index to which it is benchmarked. The more passively the fund is managed, the smaller the tracking error. In the case of Exchange Traded Funds, the lower the Tracking Error, the better.

#The mentioned Tax Rates shall be increased by applicable surcharge, If any, Health and Education Cess @ 4% where ever as applicable.Equity oriented schemes will also attract Securities Transaction Tax (STT) @ 0.001% at the time of redemption and switch to other schemes.TRANSACTION CHARGES: No Transaction Charges shall be deducted from the investment amount for applications received.



Quantum Gold Fund(An Open EndedScheme Replicating /Tracking Gold)

• Long term returns• Investments in physical gold.


Riskometer

Product Labeling


Low

High

L

ow

High

HIGHLOW

#Tax on Capital Gains Resident Individuals & HUF



Foreign Companies


20% with Indexation (on transfer of long term capital assets being listed securities)

Indexation20% with

20% with Indexation (on transfer of long term capital assets being listedsecurities)


35

September 2018

QUANTUM NIFTY ETFAn Open Ended Scheme Replicating / Tracking Nifty 50 Index

36


Nifty 50 TRI


July 10, 2008


Every Business Day

Entry/ Sales Load

Category of Scheme

Exchange Traded Fund

Current Total Expense Ratio (As on month end)

0.09% - (0.08% Management Fees + 0.014%

(18% GST on 0.08% Management Fees)

Investment Options

Growth

Exit Load

NIL

(retail Investor can exit the scheme only through

secondary market)

Scheme Features

Investment Objective : The investment objective of the scheme is to invest in stocks of companies comprising Nifty 50 Index and endeavour to achieve return equivalent to Nifty by “Passive” investment. The Scheme will be managed by replicating the index in the same weightage as in the Nifty 50 Index with the intention of minimizing the performance differences between the scheme and the Nifty 50 Index in capital terms, subject to market liquidity, costs of trading, managing expenses and other factors which may cause tracking error.

Not Applicable





distributor.

Redemption Proceeds







Minimum Application Amount (Under each Option)Directly with Fund: The investors can create /

redeem in exchange of Portfolio Deposit and Cash

Component in creation unit size at NAV based Price.

On the Exchange: At prices which may be close to

the NAV of QNIFTY Units. On NSE, the units can be

purchased / sold in minimum lot of 1 unit and in

multiples thereof. The units of QNIFTY issued under

the scheme will be approximately equal to the price

of 1/10 (one-tenth) of the Nifty 50 Index.

Mr. Hitendra Parekh Work experience: 23 years. He has been

managing this fund since July 10, 2008

#The mentioned Tax Rates shall be increased by applicable surcharge,If any, Health and Education Cess @ 4% where ever as applicable.Equity oriented schemes will also attract Securities Transaction Tax (STT) @ 0.001% at the time of redemption and switch to other schemes.TRANSACTION CHARGES: No Transaction Charges shall be deducted from the investment amount for applications received.

RegularPlan( ` / Unit)Growth Option


(`/Unit)



1108.7090 Absolute AUM

4.56

Average AUM*

4.51

September 2018

Taxation#


excess of Rs 1,00,000/- in a year will be

taxable @ 10% Tax on Short Term Capital

Gains - 15%

37

Quantum Nifty ETF Performance as on September 28, 2018

Mr. Hitendra Parekh is the Fund Manager effective from July 10, 2008.

Past performance may or may not be sustained in the future.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).The Scheme being Exchange Traded Fund has one plan to invest through stock exchange and having a single expense structure.Dividend of Rs. 80 was declared on 9 March 2018. Scheme return calculated above is inclusive of dividend amount.








12.98 13.24 17.18 11,294 11,320 11,713

12.40 12.69 12.96 14,197 14,304 14,408

14.94 15.19 14.90 20,056 20,274 20,017

13.16 13.41 13.57 23,756 24,124 24,371

11.73 12.14 12.51 30,320 31,441 32,491

11.25 11.25 11.40 29,757 29,745 30,146


SchemeReturns

(%)

Nifty 50 Total

Returns Index (%)

S&P BSESensex TRI (%)

SchemeReturns (`)

Nifty 50 Total Returns

Index (`)

S&P BSESensex TRI (`)


Period

Industry Allocation (% of Net Assets) as on September 30, 2018

Key Statistics

^^Tracking Error

0.050%


Distributor Commissions paid during September 2018 NIL


0.51%

0.56%

0.56%

0.59%

0.77%

0.78%

0.83%

1.02%

1.15%

1.76%

1.90%

1.94%

2.20%

3.04%

3.60%

7.54%9.20%

9.82%

11.73%

15.03%

25.40%

0% 5% 10% 15% 20% 25% 30%

Telecom - Equipment & Accessories

Media & Entertainment

Pesticides

Transportation

Consumer Durables

Gas

Minerals/Mining

Telecom - Services

Oil

Non - Ferrous Metals

Cement

Ferrous Metals

Power

Pharmaceuticals

Construction Project

Auto

Finance

Consumer Non Durables

Petroleum Products

Software

Banks

Quantum Nifty ETF

September 2018

38



Quantum Nifty ETF(An Open EndedScheme Replicating /Tracking Nifty 50 Index)

• Long term capital appreciation• Investments in equity and equity related securities of companies in Nifty 50 Index.


Riskometer

Product Labeling


Low

High

L

ow

High

HIGHLOW

Name of Instrument

QuantityIndustry+Name of InstrumentMarket

Value InLakhs

% to NetAssets

* Cash & Cash Equivalents^^ Note: Tracking Error is calculated on Annualised basis using 3 years history of daily returns.DefinitionsTracking Error is a measure of how closely a fund follows the index to which it is benchmarked. The more passively the fund is managed, the smaller the tracking error. In the case of Exchange Traded Funds, the lower the Tracking Error, the better.Portfolio Turnover Ratio is the percentage of a funds assets that have changed over the course of a year.

EQUITY & EQUITY RELATED A) Listed /Awaiting listing on Stock Exchanges 1. Reliance Industries Limited Petroleum Products 3,581 45.05 9.882. HDFC Bank Limited Banks 2,244 45.02 9.873. Housing Development Finance Corporation Limited Finance 1,701 29.84 6.544. Infosys Limited Software 3,977 29.03 6.365. ITC Limited Consumer Non Durables 8,957 26.67 5.856. Tata Consultancy Services Limited Software 1,122 24.50 5.377. ICICI Bank Limited Banks 6,732 20.57 4.518. Larsen & Toubro Limited Construction Project 1,291 16.42 3.609. Kotak Mahindra Bank Limited Banks 1,396 15.94 3.4910. Hindustan Unilever Limited Consumer Non Durables 747 12.01 2.6311. Axis Bank Limited Banks 1,854 11.37 2.4912. State Bank of India Banks 3,922 10.41 2.2813. Maruti Suzuki India Limited Auto 139 10.21 2.2414. IndusInd Bank Limited Banks 534 9.02 1.9815. Mahindra & Mahindra Limited Auto 975 8.39 1.8416. Sun Pharmaceutical Industries Limited Pharmaceuticals 1,154 7.19 1.5817. HCL Technologies Limited Software 582 6.33 1.3918. Asian Paints Limited Consumer Non Durables 472 6.10 1.3419. NTPC Limited Power 3,278 5.47 1.2020. Bajaj Finance Limited Finance 248 5.38 1.1821. Oil & Natural Gas Corporation Limited Oil 2,954 5.23 1.1522. Tech Mahindra Limited Software 657 4.90 1.0723. Bharti Airtel Limited Telecom - Services 1,380 4.67 1.0224. Tata Steel Limited Ferrous Metals 789 4.59 1.0125. Power Grid Corporation of India Limited Power 2,408 4.54 1.0026. Vedanta Limited Non - Ferrous Metals 1,945 4.52 0.9927. UltraTech Cement Limited Cement 109 4.43 0.9728. Tata Motors Limited Auto 1,933 4.32 0.9529. Grasim Industries Limited Cement 413 4.22 0.9330. JSW Steel Limited Ferrous Metals 1,087 4.15 0.9131. Hero MotoCorp Limited Auto 136 3.99 0.8732. Wipro Limited Software 1,184 3.84 0.8433. Bajaj Auto Limited Auto 142 3.82 0.8434. Coal India Limited Minerals/Mining 1,429 3.80 0.8335. Bajaj Finserv Limited Finance 63 3.78 0.8336. Eicher Motors Limited Auto 15 3.63 0.8037. GAIL (India) Limited Gas 944 3.58 0.7838. Yes Bank Limited Banks 1,932 3.55 0.7839. Hindalco Industries Limited Non - Ferrous Metals 1,527 3.51 0.7740. Titan Company Limited Consumer Durables 436 3.51 0.7741. Cipla Limited Pharmaceuticals 531 3.47 0.7642. Indian Oil Corporation Limited Petroleum Products 2,235 3.43 0.7543. Dr. Reddy's Laboratories Limited Pharmaceuticals 127 3.21 0.7044. Bharat Petroleum Corporation Limited Petroleum Products 817 3.06 0.6745. Indiabulls Housing Finance Limited Finance 348 2.98 0.6546. Adani Ports and Special Economic Zone Limited Transportation 823 2.71 0.5947. UPL Limited Pesticides 384 2.55 0.5648. Zee Entertainment Enterprises Limited - Partly Paid Share Media & Entertainment 582 2.55 0.5649. Bharti Infratel Limited Telecom-Equipment & Accessories 890 2.34 0.5150. Hindustan Petroleum Corporation Limited Petroleum Products 781 1.96 0.4351. Tata Steel Limited - Partly Paid Share Ferrous Metals 55 0.07 0.02B) Unlisted NIL NILTotal of all Equity 455.83 99.93MONEY MARKET INSTRUMENTS A) Collateralised Borrowing & Lending Obligation (CBLO)* 24.48 5.37Net Receivable/(payable) -24.12 -5.30Grand Total 456.19 100.00

September 2018


QUANTUM NIFTY ETF

39

CHIRAG MEHTA / NILESH SHETTY

QUANTUM MULTI ASSET FUND

Mr. Chirag Mehta, Mr. Nilesh Shetty effective from July 11, 2012

Period

SchemeReturn (%)

BenchmarkReturn#@ (%)



SchemeReturn (%)

SchemeReturn (%)

Quantum Multi Asset Fund - Direct Plan 5.39 7.38 8.89 9.01 10.15 9.73

Quantum Multi Asset Fund - Regular Plan 5.26 7.38 NA NA NA NA

Past performance may or may not be sustained in the future. Load is not taken into consideration in Scheme Return Calculation.# Indicates CRISIL Composite Bond Fund Index (40%) + S&P BSE SENSEX Total Return Index (40%) + Domestic price of Gold (20%)Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Different Plans shall have different expense structure.Mr. Chirag Mehta manages 4 schemes of the Quantum Mutual Fund. Mr. Nilesh Shetty manages 2 schemes of the Quantum Mutual Fund.Regular plan launched on 1st April 2017 but not yet completed 3 years period since its launch.

@The Benchmark Return for the scheme till August 2018 is calculated and shown excluding daily rebalancing of weights of 3 Asset Classes in which Scheme invests i.e. Equity, Debt and Gold. As the Scheme is a daily price scheme and to represent daily rebalancing of weights of the Asset Classes in the Benchmark to make fair comparison with scheme performance, the Benchmark computation as of 30th September, 2018 is done to daily rebalancing of weights of the Asset Classes effective from inception date of the scheme i.e. July 11, 2012 in case of Direct Plan and April 1, 2017 in case of the Regular Plan.

September 29, 2017 toSep. 28, 2018 (1 year)

September 30, 2015 toSep. 28, 2018 (3 years)


SCHEME PERFORMANCE - FUND MANAGER-WISE


ATUL KUMAR / SORBH GUPTA

QUANTUM TAX SAVING FUND

Mr. Atul Kumar effective from December 23, 2008 / Mr. Sorbh Gupta effective from October 1, 2016

Period

SchemeReturn (%)

SchemeReturn (%)

SchemeReturn (%)

Quantum Tax Saving Fund - Direct Plan - Growth Option 5.93 17.18 13.92 12.96 17.14 14.90

Quantum Tax Saving Fund - Regular Plan - Growth Option 5.75 17.18 NA NA NA NA

Past performance may or may not be sustained in the future.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Different Plans shall have different expense structure.Mr. Atul Kumar manages 2 schemes , Mr. Sorbh Gupta co-manages 1 scheme of the Quantum Mutual Fund.Regular plan launched on 1st April 2017 but not yet completed 3 years period since its launch.




S&P BSESensex TRI

Returns

S&P BSESensex TRI

Returns

S&P BSESensex TRI

Returns

ATUL KUMAR / NILESH SHETTY

QUANTUM LONG TERM EQUITY VALUE FUND

Mr. Atul Kumar effective from November 15, 2006 / Mr. Nilesh Shetty effective from March 28, 2011

Period

SchemeReturn (%)

SchemeReturn (%)

SchemeReturn (%)




Quantum Long Term Equity Value Fund - Direct Plan - Growth Option 5.55 17.18 13.63 12.96 17.13 14.90

Quantum Long Term Equity Value Fund - Regular Plan - Growth Option 5.38 17.18 NA NA NA NA

Past performance may or may not be sustained in the future. Load is not taken into consideration in Scheme Return Calculation.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Different Plans shall have different expense structure.Mr. Atul Kumar & Mr. Nilesh Shetty co-manages 2 schemes of Quantum Mutual Fund.Regular plan launched on 1st April 2017 but not yet completed 3 years period since its launch.

S&P BSESensex TRI

Returns

S&P BSESensex TRI

Returns

S&P BSESensex TRI

Returns

40

CHIRAG MEHTA

QUANTUM GOLD SAVINGS FUND

Mr. Chirag Mehta effective from May 19, 2011.

Period

SchemeReturn (%)

DomsticPrice of GoldReturns(%)



SchemeReturn (%)

SchemeReturn (%)

Quantum Gold Savings Funds - Direct Plan 1.37 1.86 3.38 4.71 -1.03 0.22

Quantum Gold Savings Funds - Regular Plan 1.25 1.86 NA NA NA NA

Past performance may or may not be sustained in the future. Load is not taken into consideration in Scheme Return Calculation.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Different Plans shall have different expense structure.Mr. Chirag Mehta manages 4 schemes of the Quantum Mutual Fund.Regular plan launched on 1st April 2017 but not yet completed 3 years period since its launch.

CHIRAG MEHTA

QUANTUM EQUITY FUND OF FUNDS

Mr. Chirag Mehta effective from November 1, 2013.

Period

SchemeReturn (%)

S&P BSE200 TRI

Returns (%)

S&P BSE200 TRI

Returns (%)

S&P BSE200 TRI

Returns (%)

SchemeReturn (%)

SchemeReturn (%)

Quantum Equity Fund of Funds - Direct Plan - Growth Option 2.77 9.57 10.92 12.85 19.43 16.76

Quantum Equity Fund of Funds - Regular Plan - Growth Option 2.65 9.57 NA NA NA NA

Past performance may or may not be sustained in the future. Load is not taken into consideration in Scheme Return Calculation.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Different Plans shall have different expense structure.Mr. Chirag Mehta manages 4 schemes of the Quantum Mutual Fund.Regular plan launched on 1st April 2017 but not yet completed 3 years period since its launch .

CHIRAG MEHTA

QUANTUM GOLD FUND

Mr. Chirag Mehta effective from May 01, 2009.

Period

Quantum Gold Fund (ETF) 0.84 1.86 3.62 4.71 -0.80 0.22

Past performance may or may not be sustained in the future.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Mr. Chirag Mehta manages 4 schemes of the Quantum Mutual Fund.The Scheme being Exchange Traded Fund has one plan to invest through stock exchange and having a single expense structure.











SchemeReturn (%)


SchemeReturn (%)


SchemeReturn (%)


41

PANKAJ PATHAK

QUANTUM LIQUID FUND

Mr. Pankaj Pathak effective from March 1, 2017

Period

SchemeReturn (%)


SchemeReturn (%)


SchemeReturn (%)


Quantum Liquid Fund - Direct Plan - Growth Option 6.32 7.21 6.49 7.19 7.34 7.92

Quantum Liquid Fund - Regular Plan - Growth Option 6.26 7.21 NA NA NA NA

Past performance may or may not be sustained in the future.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Different Plans shall have different expense structure.Mr. Pankaj Pathak manages 2 schemes of the Quantum Mutual Fund.Regular plan launched on 1st April 2017 but not yet completed 3 years period since its launch.

PANKAJ PATHAK

QUANTUM DYNAMIC BOND FUND

Mr. Pankaj Pathak effective from March 01, 2017

Period

SchemeReturn (%)

SchemeReturn (%)

SchemeReturn (%)

Quantum Dynamic Bond Fund - Direct Plan - Growth Option 0.75 0.54 7.31 6.56 NA NA

Quantum Dynamic Bond Fund - Regular Plan - Growth Option 0.65 0.54 NA NA NA NA

Past performance may or may not be sustained in the future.Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR).Different Plans shall have different expense structure.Mr. Pankaj Pathak manages 2 schemes of the Quantum Mutual Fund.The Direct Plan has been in existence for more than 3 year but less than 5 years from inception.Regular plan launched on 1st April 2017 but not yet completed 3 years period since its launch .








Crisil Composite Bond Fund Index

Returns (%)


Returns (%)


Returns (%)

HOW TO READ THE FACTSHEETFund Manager : An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Application Amount for Fresh Subscription : This is the minimum investment amount for a new investor in a mutual fund scheme.

Minimum Additional Amount : This is the minimum investment amount for an existing investor in a mutual fund scheme.

Yield to Maturity : The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond's current market price, par value, coupon interest rate and time to maturity.

SIP : SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests ` 500 every 15th of the month in an equity fund for a period of three years.

NAV : The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.

Benchmark : A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec.

Entry Load : A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent.

Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is ` 100 and the entry load is 1%, the investor will enter the fund at Rs 101.

Note: SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor

Exit Load : Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ` 100 and the exit load is 1%, the redemption price would be Rs 99 Per Unit.

Modified Duration : Modified duration is the price sensitivity and the percentage change in price for a unit change in yield

Standard Deviation : Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

Sharpe Ratio : The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk.

Beta : Beta is a measure of an investment's volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security's price will be more volatile than the market.

AUM : AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Holdings : The holdings or the portfolio is a mutual fund's latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.

Nature of Scheme : The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories.

Rating Profile : Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.

42

September 2018

STATUTORY DETAILS & RISK FACTORSDisclaimer, Statutory Details & 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 schemes objective will be achieved and the NAV of the scheme(s) 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(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 `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.

Scheme Specific Risk Factors : The investors of Quantum Equity Fund of Funds, Quantum Gold Savings Fund and Quantum Multi Asset Fund will bear the recurring expenses, transaction charges and loads if any of the Schemes in addition to the expenses, transaction charges and loads of the underlying Schemes.

Disclaimer of IISL: Quantum Nifty ETF (Q NIFTY) is benchmarked to Nifty 50 TRI Index are not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (IISL). IISL is not responsible for any errors or omissions or the results obtained from the use of such index and in no event shall IISL have any liability to any party for any damages of whatsoever nature (including lost profits) resulted to such party due to purchase or sale or otherwise of such product benchmarked to such index. Please refer SID of the Q NIFTY for full Disclaimer clause in relation to the “Nifty 50 TRI Index".

Disclaimer of NSE: It is to be distinctly understood that the permission given by National Stock Exchange of India Limited (NSE) should not in any way be deemed or construed that the Scheme Information Document (SID) of Quantum Gold Fund (QGF) and Quantum Nifty ETF (Q NIFTY) has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the SIDs. The investors are advised to refer to the SID of Q NIFTY for the full text of the Disclaimer clause of NSE.

43

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The Factsheet Published as on 12 October 2018

September 2018


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