All my money that I have invested in the Indian stock market is in the Quantum Long Term Equity Fund
Well, not "all" but maybe 98%. At Quantum Mutual Fund we have a well-defined research and investment process.
Investing in stocks is as much a science as it is an art.
Sometimes what works is the science of picking "cheap" stocks.
Sometimes what works is the art of identifying today's businesses that could be tomorrow's leaders.
After over 25 years of experience in helping start businesses, researching companies, and investing money in the Indian and global stock markets, I have made enough mistakes - and learnt many lessons. This has helped in creating a "process" around what we do at Quantum Mutual Fund.
Pavlovian Reaction - or Process?
Processes rule much of our life: and they should rule the way we invest.
For example, if a child gets hurt with hot water, it tends to recognise that water can have many temperatures: hot, cold, or just the right one to step into for a bath.
So the child sees the bathtub or bucket full of water and v..e..r..y carefully, v..e..r..y hesitantly puts its finger in - and quickly withdraws it.
The child has put in place a process: a methodology to approach the promised joy - and potential danger - of water.
At the other extreme of animal behaviour are the many fund managers who have the responsibility of managing your hard earned savings.
Every time the stock markets start jumping up - or some new fashionable industry is born (airlines, education, infrastructure, internet, real estate, telecom, wind power to name a few) - they are in a "must own" mode.
Like the Pavlovian bell, they begin to salivate and await the promise of a good feast.
Unfortunately, the fund managers can end up with food poisoning.
Unlike the small child, these fund managers did not build a process to stop them from running for the feast each time the bell rings.
They jumped right in - and scream in panic once inside the whirlpool. Of course, it is your money that disappears down the drain.
With the markets meteoric rise, be careful who you invest with: A fund manager with a process or a fund manager moving to the sound of Pavlov's bell.
These Fund Managers Have a Process We Like.
Some of us fund managers learn from our mistakes - and build processes.
Quantum Long Term Equity Fund has a process - and all my money is in it. Because I have full faith in that process: I helped build it.
But there are other fund managers with processes.
Personal FN has a history of advising clients on which funds they should invest in.
Personal FN has built a process to identify the investment objectives of the 313 equity mutual funds available to investors.
And figure out which of these 313 equity funds have processes in place that deserve your money.
The Quantum Equity Fund of Funds was launched on June 26th to enable thoughtful investors like you to invest your carefully accumulated savings in a select basket of mutual funds.
None of these equity funds are managed by Quantum Asset Management Company.
All these equity funds are managed by other fund managers.
We pick the fund managers who have a process: they pick the underlying stocks in which to invest.
Should You Put All Your Money in One Fund House?
As an investor you should have your money managed by a few fund houses - not just one.
So, much as I want you to invest all your money in the Quantum Long Term Equity Fund, I know it is prudent for you to invest in other mutual funds.
And you can do this through the Quantum Equity Fund of Funds
Using the process we have in place to identify the better fund managers - and the better funds.
Read the Scheme Information Document and the background information before you invest in Quantum Equity Fund of Funds.
Safe Investing!
Ajit Dayal PersonalFN is a division of Quantum Information Services Private Limited and will be providing research services to Quantum AMC Pvt Ltd for the Quantum Equity Fund of Funds.
Ajit Dayal is a founder of Quantum Advisors / Quantum Mutual Funds and also a founder of PersonalFN / Quantum Informtion Services.
Quick Links
How to Invest Write To Us Know More Call: (022) 61447800 | Toll free: 1800-22-3863 (BSNL/MTNL) | E-mail: Info@QuantumAMC.com
Click here to read Statutory Information and Detailed Risk Factors ------------------------------------
Mutual Fund investments are subject to market risks, fluctuation in NAV's and uncertainty of dividend distributions. Please read Scheme Information Document and Statement of Additional Information carefully before making any investments.
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