Quantum Advisors, India’s first institutional equity research house, founded by Ajit Dayal in January 1990 - 18 months before the first significant economic reforms in July, 1991. Between Subbu, who joined in 1996, and Ajit, they form the longest serving India equity teams. Quantum is managing the India Value Equity Strategy since August 2000.

30 years of India experience, including 7 years of value investing globally - partnering with Jardine Fleming (1992-1995), Walden Nikko (1996-1999), Prolific (1996-1999) and Hansberger Global Investors (1997—2004). 

The bottom-up approach is sector-agnostic, focuses on stock picking, while understanding the macro environment in which a company operates. We don’t depend on sell-side research.  We identify high-quality stocks available at a discount to their intrinsic value.

We buy when a stock comes within our buy limit and sell after review when a stock reaches our sell limit. When we don’t see Value, we hold cash. Buy and sell decisions are based on research team consensus. We don’t believe in ‘Star’ Fund managers.

The portfolio usually owns between 25-40 stocks. Stocks that we own must trade USD 1 mn/day. Portfolio is liquid and scalable. The portfolio at all times displays ‘value’ characteristics.