Complex sentence: Quantum Mutual Fund was launched in December 2005 as India's first, and only, direct-to-investor fund that manages around INR 323 crores of assets as on September, 2013.
Split into simpler sentences: Quantum Mutual Fund was launched in December 2005 as India's first, and only, direct-to-investor fund. Quantum manages around INR 323 crores of assets under management (AUM) as on September, 2013.