New Delhi, Nov. 4 -- A two-decade-old mutual fund that kept a low profile in Mumbai's Churchgate area is trying to make a comeback with a new CEO and revamped strategies.

Quantum Mutual Fund, which launched its flagship scheme in 2005, started as a direct-only mutual fund without any distributors. Twelve years later, it changed its strategies and started to offer regular plans and sign up distributors to sell its products.

Not surprisingly, Quantum has lagged its rivals in terms of assets managed and number of distributors. Since 2015-the year for which data became available-its average assets under management have risen five-fold to Rs.3,459 crore as of September 2025.

Comparatively, mutual funds that have operated since 2005 now mana...