Post by Darshan Shinde

Day 31/100 quant Money Managers Limited In March 2020, Quant Mutual Fund's AUM was ₹233 crore. By mid 2024, it crossed ₹94,000 crore – a roughly 400x jump in four years. (Around the same time, SBI raided its offices over an alleged front-running case; as of early 2026, it is still unresolved). There's a reason why I chose Quant AMC as my 2nd company; it was simply because of its contrasting investing philosophy when compared to PPFAS. They both run the same business with opposite belief systems. PPFAS, shaped by the late Parag Parikh's value-investing roots, holds stocks the way Warren Buffett would. Its flagship Flexi Cap Fund runs a concentrated, global portfolio and treats high churn as a sign of low conviction, not a strategy. Patiance is their entire virtue. Quant Mutual Fund inverts that idea. Its VLRT (Valuation, Liquidity, Risk Appetite, Time) framework treats markets as a live signal to react to, not a fixed thesis to hold onto. Its Small Cap Fund's portfolio looked almost unrecognisable between March 2020 and November 2021. Speed and adaptability are their virtues. Both manage around ₹1 lakh crore in AUM of public money with polar-opposite philosophies; Neither philosophy is "correct". One is betting markets are inefficient enough to time well. The other is betting that timing is a losing game, and only patience compounds. In the coming week I hope to learn both -2024,sides and see which philosophy I would rather bet on. Parth Verma The Valuation School #100DaysWithTVS #LinkedIn #Finance #PPFAS #Quant