Fixed Income

1. Quantum Fixed Income Funds • December 2020 • Private &Confidential • Panel Discussion on Asset Classes of Equity, Debt & Gold • Speakers: • Sorbh Gupta – Fund Manager, Equity • Chirag Mehta – Sr. Fund Manager, Alternative Investments • December 17, 2020

2. TABLE OF CONTENTS • About us • About Quantum Mutual Fund • Fixed Income – Research & Investment Process • Performance of the Fund

3. ABOUT US

4. 4 Group Update – The Past 25 Years • Set the foundation for building an India-focused investment management institution across the 4 major asset classes: equity, fixed income, real estate, infrastructure: Steady growth in assets, disciplined approach attracting clients • Need for multiple asset classes to reduce the business risk of being dependent on any ONE product: • India is not mainstream - huge volatility in valuations and client interest • 1990 to 2004: investment processes refined by affiliation with international groups • 2004 to 2008: invested in people • 2004 to 2008: incubated teams to diversify business risk • 2008 to 2009: invested in world-class systems • 2010 onwards: maintaining our focus and discipline; succession planning

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

6. 6 About our Sponsor– Quantum Advisors Pvt. Ltd. • Currently managing an AUM of USD 2.64 Billion (~INR 19,290 crore) as December 31, 2020 • Manages Indian equity investments for some of the largest institutions in the world, including Sovereign Wealth Funds, pension funds, endowments, and foundations • Currently registered as a Portfolio Manager with SEBI and other international regulators • Quantum Advisors is 50.8% owned by Mr. Dayal and the Management Team and 49.2% owned by HWIC Asia. HWIC Asia is ultimately promoted and wholly owned by Fairfax Financial Holdings Limited (“FFHL”). FFHL is listed on the Toronto Stock Exchange and is led by Mr PremWatsa, known as the Warren Buffet of Canada

7. ABOUT QUANTUM MUTUAL FUND

8. 8 About Quantum Mutual Fund • Quantum Mutual fund was established in 2006 with the launch of the Quantum Long Term Equity Value Fund • Quantum Mutual Fund was the 29th, but India’s 1st Fund house that started with a focus on a Low Cost Approach for investors • Simple range of funds: No confusion for investors • Disciplined Research and Investment Process: Team-driven, no “star” fund managers • Staying the course, no short cuts: Asset Managers, not Asset Gatherers • Quantum MF AUM = Rs.1,850 Cr. as on 31st December 2020 • Number of Folios: 71,099 as on 31st December 2020

9. 9 Company Structure • Quantum Advisors, India (QAS), provides investment advisory services and manages portfolios of FIIs and Indian clients. Registered as Portfolio Manager with SEBI since 1997. It is led by Mr. I. V. Subramaniam (Subbu), who is the MD, CEO & CIO of the company. • Subbu joined Quantum in 1996 and has over 25 years of experience in the investment management and financial services industry. Since June 2000, Subbu has managed India-dedicated portfolios for Indian clients and since 2005, he has managed India-dedicated portfolios for international clients. Subbu received his Bachelor’s degree in commerce from Osmania University in 1983 and his Law degree from Osmania University in 1986. He is a CFA Charterholder. Subbu was born in 1962. 100% subsidiary of QAS Quantum Asset Management, India (QAMC)SEBI Registered Asset Management Company and Investment manager for Quantum Mutual Fund. It is led by Mr. Jimmy Patel, who is the MD & CEO of the company. Jimmy Patel joined Quantum in 2010 and has over 3 decades of experience in the financial services sector, and has held various key management roles. Along with holding a Chartered Accountant’s degree, Mr. Patel has also completed his L.L.B. from the University of Mumbai. Mr. Patel is a Fellow of the Chevening Standard Chartered Financial Services Leadership Programme at Kings College, London. He has been a Director on Association of Mutual Funds In India (AMFI) Board and also has been a member of various AMFI and SEBI Committees. Jimmy was born in 1967.

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

11. Profile of Management Team - QAMC Malay Vora Head Legal & Compliance (2008) Jimmy Patel MD & CEO (2010) Jimmy Patel has over 3 decades of experience in the financial services sector, and has held various key management roles. Along with holding a Chartered Accountant’s degree, Mr. Patel has also completed his L.L.B. from the University of Mumbai. Mr. Patel is a Fellow of the Chevening Standard Chartered Financial Services Leadership Programme at Kings College, London. He has been a Director on Association of Mutual Funds In India (AMFI) Board and also has been a member of various AMFI and SEBI Committees. Jimmy was born in 1962. Malay Vora has more than 15 years of experience in Legal, Compliance and Corporate Secretarial matters in the financial service industry. He is a Commerce and Law Graduate and an Associate Member of Institute of Company Secretaries in India. Malay is the Head of Legal & Compliance and the Compliance Officer for Quantum AMC. He has been associated with Quantum since 2008. He is a SEBI Committee member and has represented Quantum at an AMFI committee in the past. Malay was born in 1977. Rina Nathani Chief Business Officer (2020) Sandeep Bhosle AVP Investor Interaction (2011) Rina has over 20 years of experience in building businesses, advising companies and leading teams to successful outcomes. Prior to joining Quantum AMC, Rina was a Director in KPMG’s Advisory Practice in the US and  Head – Retail Businesses at Suminter India Organics, India. She has done Masters in Management Studies from Jamnalal Bajaj institute of Management Studies (JBIMS). Rina was born in 1974. Sandeep Bhosle has more than 18 years of experience in Financial Services and Market Research. He a Post Graduate in Marketing Management. He has Completed Medium and Small Scale Industries Management Development Program from NMIMS. Prior to Quantum AMC, he has been with ICICI Prudential and Birla Sunlife Insurance and has been instrumental in developing Rural Markets and New Initiatives, Process Quality, Loyalty Programs, R&R Initiatives.

12. RajendraGadiyar Head Operations (2011) Rajendra brings with him more than 2 decades of experience in Operations and Fund Accounting in Mutual Funds and Insurance. Prior to joining Quantum, he was associated with various companies across Insurance, Asset Management and Investment Management sectors. Rajendra was born in 1968. Meera Shetty Head Investor Services (2006) Meera Shetty has almost two decades of experience in Investor Servicing. Before joining Quantum, she was associated with Edelweiss AMC, Principal AMC and UTI-TSL. She holds a degree in Commerce and is an MBA with dual specialization in Finance and Marketing. Meera was born in 1969.

13. Portfolio Team – Equity Sneha Joshi (2015) Sorbh Gupta (2011) Qualified as a Chartered Accountant, CFA Level III (Charter Pending), Sorbh Gupta is the Fund Manager for Quantum Long Term Equity Value Fund & Quantum Tax Saving Fund. With more than 15 years of experience in equity research as well as managing funds; Sorbh brings with him a wealth of experience of having tracked varied sectors in his previous work assignments. Prior to joining Quantum, Sorbh was associated with Siddhesh Capital Private Ltd. Sorbh was born in 1980. With over 7 years of experience in economic, credit and quantitative research. Sneha holds a Ph.D. in Economics and has earned an M.A. in Economics from Gokhale Institute of Politics and Economics. She joined Quantum AMC in August, 2015. Prior to joining Quantum, she was associated with Credit Capital Research as a fixed income research analyst. Sneha was born in 1988. Nilesh Shetty (2009) Hitendra Parekh (2004) Nilesh has more than 16 years of experience in research. He has been a part of Quantum Asset Management Company since 2009, and at present is the Fund Manager for Quantum Long Term Equity Value Fund and Quantum Multi Asset Fund. Nilesh is a qualified CFA (Chartered Financial Analyst), ACMA (CIMA, UK) and has completed his Masters in Management Studies (Finance) from the Mumbai University. Nilesh was born in 1980. Has close to 3 decades of experience in financial services industry. Prior to working with Quantum, he has been with the Unit Trust of India for 4 years and UTI Securities Ltd for 9 years. He has completed his B.Com & Masters in Financial Management from Mumbai University. Hitendra was born in 1968.

14. Portfolio Team – Non Equity Pankaj Pathak (2013) – Fixed Income has over a decade of experience in Fixed income investments and research. He joined Quantum Asset Management Company in August, 2013 and at present, is Fund Manager for Quantum Dynamic Bond Fund and Quantum Liquid Fund. Prior to joining Quantum, he was associated with Bank of Maharashtra. Pankaj holds a Post Graduate Diploma in Banking & Finance from National Institute of Bank Management, Pune and is qualified CFA (Chartered Financial Analyst). Pankaj was born in 1986. Chirag Mehta (2006) – Gold/Commodities has 18 years of experience in the Indian commodities markets. He also specializes in the field of alternative investment strategies. Chirag is a qualified CAIA (Chartered Alternative Investment Analyst), and has also completed his Masters in Management Studies in Finance. He currently manages funds largely in the field of alternative investments that includes Gold Fund, a Multi asset fund and an Equity fund of funds and is also a Fund Manager of Quantum India ESG Equity Fund. He joined the Quantum after gaining hands on experience in the physical commodities market during internship with Kotak & Co. Ltd and working on projects for the Federation of Indian Commodities Exchanges. Chirag was born in 1981. Ghazal Jain (2020) – Gold/Commodities has overall 4 years of experience in the field of finance and alternative investments including of Gold, Asset Allocation and Personal Finance & investment allocation. She has been with Quantum Asset Management Company since January, 2019. Prior to joining Quantum, she was associated with Fox Education LLP and Bahubali Electronics Private Limited.

15. Criteria to Select a Good Fund House

16. Quantum Fixed Income OUR RESEARCH & INVESTMENT PROCESS

17. Fixed Income Investment Philosophy • Investment process is prioritized based on SLR principle • (Safety Liquidity Return) • Investment Objective is ‘True to Label’ • Fund are managed with a clear mandate of suitability and objective • Simple Products with simple asset allocation • Follow prudent risk management approach based on funds’ objectives • No Private Corporate Credit Risks • Portfolio Liquidity is a key objective • Proprietary Research process & team driven portfolio investment process • Top down Macro Research and Bottom up Credit Research • Portfolio investment decisions are team based Please refer Scheme Information Document of the Scheme for complete Investment Strategy

18. Top-Down Macro Investment Process Analysis of long term macro economic indicators • GDP, inflation, monetary & fiscal policy and currency • forecast the direction and the level of interest rates • Micro Analysis - company and instrument analysis • Credit Research, Market Research, Spreads and Liquidity Analysis • The macro & micro analysis narrows down to a list of securities based on the investment objectives and risk parameters • Portfolio Construction • Maturity profile, credit profile and risk (duration, liquidity) profile Please refer Scheme Information Document of the Scheme for complete Investment Strategy

19. Credit Research and Investment Process Credit rating analysis • Company filtering based on sector, industry and peer aggregates • Minimum Investment grade • Company Analysis • The macro & micro analysis narrows down to a list of buyable credits for portfolio selection. • Proprietary credit analysis – qualitative management assessment, fundamental factors, Forecasts • Portfolio Selection • Selection based on liquidity, yields, spreads and relative value Please refer Scheme Information Document of the Scheme for complete Investment Strategy

20. “SLR Principle” for Liquid Funds

21. Liquid Fund Objective Usage Parking short term surplus cash by Individuals & Companies Maintaining Contingency Funds As portfolio stabilizer Objective Preserve Capital Create ample liquidity Earn sensible returns (higher than Current & Saving Bank Account) Do not Invest in Liquid Funds for just returns; Aim to keep your money Safe & Liquid

22. QLF staying “True to Label” Focus on managing risks and generating sensible returns with high liquidity High Quality Portfolio – Investing only in government securities, treasury bills and top rated PSU debt No Private Credit – Not invested in private corporates Disciplined Asset Liability Management – portfolio is constructed in a way to maintain ample liquidity at all times Research Driven Process – Our research-driven process aims to perform across time horizons, interest rate cycles in varied economic environments

23. Fairness & Transparency Fair Valuation to reflect “True NAV” - QLF is one of the 1st Liquid Fund to follow full Mark-to-Market (MTM) of entire portfolio to determine fair value of the portfolio on daily basis. High Standard of Transparency - Follow weekly disclosure of portfolio along with market commentary Easy Access – Always ready to resolve Investors queries and have easy access to Fund Managers.

25. Research Process Macro Research to determine interest rate outlook Follow top down macro approach to determine rate outlook Use proprietary models on macro variables like – Inflation, Banking System liquidity to project path of monetary and fiscal policy Closely follow all the global developments which can influence the domestic interest rates and the Indian Rupee Bottom Up credit Research Process We do not just rely on external Credit ratings though it is used for filtering the investment universe Since 2012, we have only PSU companies having long term credit rating of “AA-” or above qualify for the investment universe Use proprietary credit review process to differentiate between good and bad credit quality companies even in PSUs

26. Portfolio Construction and Risk Management Portfolio Construction follows robust Asset Liability Management Framework to maintain high liquidity at all times The Fund endeavors to maintain over 25% of its Portfolio in overnight assets and/or treasury bills The fund endeavors to invest in a manner that certain proportion of its assets mature within 15 days The investment team grades investors based on its assessment of their holding period and matches short term investors with Cash and Treasury Bills investments

27. Quantum Dynamic Bond Fund To generate income and capital appreciation through active management of a portfolio Fund Features Invest across the debt maturity profile Manage portfolio duration based on market assessments Invested only in AAA PSU bonds, money market instruments and Government securities No Exit load and Low expense ratio

28. Why Quantum Dynamic Bond Fund?

29. How does the Scheme Work? In all market conditions fund will maintain credit risk under check

30. Investment Process

31. 31 QDBF : Risk Management Strategies

32. Well-Defined Asset Allocation - No Private Credit

33. Performance of Quantum Liquid Fund Fund Manager Mr. Pankaj Pathak Work experience: 10 years. He has been managing this fund since March 01, 2017. Category of Scheme Liquid Fund. Quantum Liquid Fund Invested in government securities treasury bills and AAA/A1 rated PSUs No private corporate credit risks. Entire portfolio is marked-to-market daily to ensure the declared NAV is “real” Disciplined asset liability management. Disciplined proprietary research and investment process. Weekly disclosure of portfolio. Features Useful for • Short term investment and liquidity.

34. Performance of Quantum Liquid Fund – Direct Plan – Growth OptionMr. Pankaj Pathak is the Fund Manager effective from March 01, 2017 Past performance may or may not be sustained in the future. Different Plans shall have a different expense structure. Data as of 31st December 2020 * Simple Annualized . Pankaj Pathak also manages Quantum Dynamic Bond Fund. Please refer slide no.38 to review performance of Quantum Dynamic Bond Fund. ** Returns for 1 year and above period are calculated on the basis of Compounded Annualized Growth Rate (CAGR).

35. Performance of Quantum Liquid Fund – Regular Plan – Growth OptionMr. Pankaj Pathak is the Fund Manager effective from March 01, 2017 Past performance may or may not be sustained in the future. Different Plans shall have a different expense structure. Data as of 31st December 2020 * Simple Annualized . Pankaj Pathak also manages Quantum Dynamic Bond Fund. Please refer slide no.39to review performance of Quantum Dynamic Bond Fund. ** 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 and not yet completed 5 years.

36. QLF Portfolio Characteristics Source – Quantum, Bloomberg data as on 31tst December, 2020

37. Performance of Quantum Dynamic Bond Fund Fund Manager Mr. Pankaj Pathak Work experience: 10 years. He has been managing this fund since March 01, 2017. Category of Scheme Liquid Fund. Quantum Dynamic Bond Fund Focuses on the principle of Safety, Liquidity and Returns Ensures to minimize your credit risk (Credit risk is the risk of loss due to default by a borrower) by investing majority of its assets primarily in Government securities or in PSU bonds which are rated as AAA /AA and so forth by a SEBI registered credit rating agency. Controls interest rate risk by active interest rate management. The macro economy research team actively tracks and forecasts interest rate outlook and the portfolio maturity profile is altered at appropriate time based on interest rate views. Features Useful for • Short term investment and liquidity.

38. Performance of Quantum Dynamic Bond Fund – Direct Plan – GrowthMr. Pankaj Pathak is the Fund Manager effective from March 01, 2017 Past performance may or may not be sustained in the future. Data as of 31st December 2020 Different Plans shall have a different expense structure. Returns are calculated on the basis of Compounded Annualized Growth Rate (CAGR). Pankaj Pathak also manages Quantum Liquid Fund. Please refer slide No. 34 for review of performance of Quantum Liquid Fund.

39. Performance of Quantum Dynamic Bond Fund – Regular Plan – GrowthMr. Pankaj Pathak is the Fund Manager effective from March 01, 2017 Past performance may or may not be sustained in the future. Data as 31st December 2020 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 and not yet completed 5 years. Pankaj Pathak also manages Quantum Liquid Fund. Please refer slide No. 35 for review of performance of Quantum Liquid Fund.

40. QDBF Portfolio Characteristics Source – Quantum, Bloomberg data as on 31st December, 2020

41. Product Label

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

43. Disclaimer – Terms of Use The data in this presentation are meant for general reading purpose only and are not meant to serve as a professional guide/investment advice for the readers. This presentation has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst no action has been suggested or offered based upon the information provided herein, due care has been taken to endeavor that the facts are accurate and reasonable as on date. Quantum AMC shall make modifications and alterations to the performance and related data from time to time as may be required as per SEBI Mutual Fund Regulations. Readers are advised to seek independent professional advice and arrive at an informed investment decision before making any investment. None of the Sponsors, the Investment Manager, the Trustee, their respective Directors, Employees, Affiliates or Representatives shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the data/information/opinions contained in this presentation. The Quantum AMC shall make modifications and alterations to the performance and related data from time to time as may be required. Please visit – www.QuantumMF.com to read scheme specific risk factors. Investors in the Scheme are not being offered a guaranteed or assured rate of return and there can be no assurance that the schemes objective will be achieved and the NAV of the scheme may go up and down depending upon the factors and forces affecting securities market. Investment in mutual fund units involves investment risk such as trading volumes, settlement risk, liquidity risk, default risk including possible loss of capital. Past performance of the sponsor / AMC / Mutual Fund does not indicate the future performance of the Scheme. Statutory Details: Quantum Mutual Fund (the Fund) has been constituted as a Trust under the Indian Trusts Act, 1882. Sponsor: Quantum Advisors Private Limited. (liability of Sponsor limited to Rs. 1,00,000/-). Trustee: Quantum Trustee Company Private Limited. Investment Manager: Quantum Asset Management Company Private Limited. The Sponsor, Trustee and Investment Manager are incorporated under the Companies Act, 1956. 8th January 2021 Mutual fund investments are subject to market risks, read all scheme related documents carefully.

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