Ahmedabad, Sept 26,2025: Quantum Asset Management Company Private Limited (Quantum AMC) today announced the opening of a new chapter marking its presence in Ahmedabad, further strengthening its footprint in one of India’s most dynamic financial hubs.
Gujarat, and particularly Ahmedabad, has historically played a pivotal role in India’s economic and entrepreneurial growth. Known for its deep-rooted culture of business and investment, Gujarat has one of the highest household savings rates in the country and a strong appetite for equity and capital market products. Over the years, the state has emerged as a thriving centre for financial services, supported by a rapidly growing investor base that is both aware and eager to participate in India’s economic progress.
The mutual fund industry has witnessed steady growth in the state of Gujarat. As of August 2025, mutual fund assets under management (AUM) from Gujarat stood at approximately ₹ 5.50 lakh crore, making it one of the top three states in India in terms of AUM. Gujarat contributes nearly 8.8% of the country’s total mutual fund AUM — a sizable share that underscores the state’s importance for distribution, investor outreach and adviser networks.
Speaking on the occasion, Seemant Shukla, Chief Executive Officer, Quantum AMC, said, “Gujarat today represents nearly 8.8% of India’s mutual fund assets, with an AUM of approximately ₹5.50 lakh crore as of August 2025 — a clear marker of the state’s growing financial sophistication and investor participation. Gujarat’s AUM today is almost equal to India’s total AUM in 2009. With Ahmedabad serving as a major economic engine — contributing significantly to Gujarat’s GDP and supported by strong business, retail, and HNI networks — our new business centre here is a strategic move to deepen engagement, deliver better service, and tap into richer investor potential.
Chirag Mehta, Chief Investment Officer, Quantum AMC added, “As someone who is Gujarati, I feel a deep connection to this market. Gujarat has always been known for its financial prudence and entrepreneurial energy — qualities that align strongly with our philosophy at Quantum. With our presence in Ahmedabad, we aim to further empower investors here with transparent, disciplined, and long-term investment solutions.”
With this expansion, Quantum AMC aims to contribute to the growing mutual fund ecosystem in Gujarat, enabling more investors to achieve their financial goals through simple, transparent, and effective investment solutions.
