Mutual Fund Mastery case studies, worked step by step

Cases
100
Traced to a firm
31
Topics
14
Hard
32
Topic
All topicsEquity research and stock pitches15Fund selection and due diligence9Debt fund credit decisions8Client portfolios and goal planning9Index funds, ETFs and passive6AMC and distribution economics6Performance review and attribution6Duration and rates positioning6Liquidity, redemptions and stress7Scheme design and product strategy7Compliance, risk limits and conduct6Valuing listed securities: IPOs, DCF and REITs5NAV operations and operational risk5Retirement, withdrawals and life events5
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 11–20 of 20 · filtered from 100Clear filters
  1. 052Nishchint Mutual Fund wants to call a new conservative hybrid fund the Guaranteed Monthly Income Fund because it expects to pay a regular IDCW. What is wrong with the name and the promise, and how would you position the product instead?Scheme design and product strategyWarm upProduct and strategy rolesIndian AMCs
  2. 056Vasantika Hotels has 3,000 rooms at an average rate of Rs 7,800 and 64% occupancy. If occupancy rises to 72% with 70% of the extra revenue reaching EBITDA, how much does EBITDA rise from a Rs 190 crore base, and what does that tell you about pitching the stock?Equity research and stock pitchesWarm upEquity research at AMCsGlobal asset managers
  3. 057The bank ETF of Tejasvi Mutual Fund shows a 0.8% bid-ask spread and only Rs 40 lakh of daily volume, so a client calls it illiquid. Its 12 underlying bank stocks trade Rs 4,000 crore a day. Is the ETF illiquid, and how should the client place a Rs 30 lakh order?Index funds, ETFs and passiveWarm upPassive and index teamsProduct and strategy roles
  4. 061Omkar Salvi, in the highest tax slab, parks Rs 25 lakh for three months. A liquid fund yields 6.8% taxed at slab (assume 30%) and an arbitrage fund 6.4% taxed as short-term equity gains (assume 20%). Which leaves more after tax, and what risk does the arbitrage fund add?Duration and rates positioningWarm upWealth and advisoryDistribution and sales
  5. 063In two lines and two minutes: Garudastra Aero makes aircraft components, has an order backlog of Rs 6,000 crore against Rs 1,500 crore of revenue, a 21% EBITDA margin and trades at 55 times earnings. Give the thesis and the one risk that breaks it.Equity research and stock pitchesWarm upSchrodersNew York · 2025
  6. 076Two fund houses each manage Rs 1 lakh crore. One is 70% debt, the other 70% equity. Compare their revenue, and show what a 20% fall in equity markets does to each.AMC and distribution economicsWarm upProduct and strategy rolesIndian AMCs
  7. 083A client's Rs 20,000 monthly SIP is down 22% after an eight-month fall and he wants to stop. Show what the SIP bought during the fall and what stopping now would give up if the market recovers over the next year.Liquidity, redemptions and stressWarm upWealth and advisoryDistribution and sales
  8. 084A freelance designer earns between Rs 40,000 and Rs 1.2 lakh a month, with average expenses of Rs 45,000. Design his emergency buffer and investing rule so that a bad month never forces him to sell equity.Client portfolios and goal planningWarm upWealth and advisoryDistribution and sales
  9. 086A private wealth client asks your view on a tractor maker trading at 14 times earnings after a 30% fall on two weak monsoon quarters. Give a brief bull and bear case and a view in under two minutes.Equity research and stock pitchesWarm upNorthern TrustChicago · 2022
  10. 095An equity fund with Rs 1,600 crore of net assets failed to accrue a Rs 3.2 crore dividend on the ex-date. By how much was NAV wrong, which investors were affected, and does the error cross the materiality threshold?NAV operations and operational riskWarm upFund operationsRisk and compliance

Company names and figures are illustrative.