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 11–18 of 18 · filtered from 100Clear filters
  1. 041A city gas distributor grows volumes 9% a year at a Rs 9 per scm margin. Input gas costs rise Rs 5 per scm and it can pass on only 60% this year. What happens to its margin and to the stock pitch?Equity research and stock pitchesCoreFranklin TempletonSan Mateo · 2024
  2. 050Build a simple DCF: free cash flow of Rs 80 crore next year growing 12% for five years, then 5% forever, discounted at 11.5%, with Rs 150 crore of net debt. What is the equity value, and which assumption moves it most?Valuing listed securities: IPOs, DCF and REITsCoreHPS Investment PartnersNew York · 2025
  3. 062Saptaparni Family Office has Rs 50 lakh of new money to allocate today across Indian equity (earnings yield 4.6%), a 10-year government bond yielding 7.1%, a short-term debt fund and gold. Where would you put it, and what would change your mind?Client portfolios and goal planningCoreNorthern TrustChicago · 2025
  4. 067Rapid-fire investing case: Madhurima Biscuits has revenue of Rs 3,000 crore, a 12% EBITDA margin and raw materials at 33% of revenue. If wheat and sugar rise 10%, what happens to EBITDA, what price rise restores it, and what volume loss would cancel that price rise?Equity research and stock pitchesCoreFidelity InvestmentsToronto · 2024
  5. 075Pitch Bhandarika Logistics, a warehousing company with 18 million sq ft, 91% occupancy, 5% annual rent escalation and a 12% yield on new capex. Is its growth funded by debt or by cash flow, and what is the pitch?Equity research and stock pitchesCoreFidelity InvestmentsToronto · 2024
  6. 079An analyst has high conviction in a stock and wants the fund to hold 7% of NAV against an internal limit of 5%. The position would be Rs 350 crore in a stock that trades Rs 8 crore a day. What would make the investment committee comfortable, and what should it refuse?Compliance, risk limits and conductCoreNuveenNew York · 2021
  7. 093A hybrid fund considers units of an office REIT: net operating income Rs 1,200 crore, cap rate 7.5%, debt Rs 4,000 crore, 100 crore units trading at Rs 118. What is NAV per unit, and what does occupancy falling from 90% to 78% do to it?Valuing listed securities: IPOs, DCF and REITsCoreInvescoNew York · 2025
  8. 097An exam-prep subscription company has a customer acquisition cost of Rs 1,800, annual revenue per learner of Rs 3,200 at 65% gross margin, and 55% of learners renew each year. Does it have a competitive advantage and barriers to entry, and can its revenue growth last?Equity research and stock pitchesCoreMorningstarAnonymous interview candidate in · 2023

Company names and figures are illustrative.