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 31–40 of 48 · filtered from 100Clear filters
  1. 060From a data pack on Himalika Mutual Fund's flexi cap fund: it lagged its benchmark by 1.6% last year; sector allocation added 0.8%, stock selection cost 2.1% and cash drag 0.3%. Write the three-minute review for the investment committee and say what you would ask the manager.Performance review and attributionCoreFund research and ratingsDistribution and sales
  2. 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
  3. 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
  4. 068Setubandh Mutual Fund plans a mid cap index fund and an ETF at a 0.25% expense ratio, with fixed costs of Rs 1.5 crore a year for data, index licensing and operations. What AUM does it need to break even, and should the index fund or the ETF launch first?Scheme design and product strategyCorePassive and index teamsProduct and strategy roles
  5. 071Shantam Mutual Fund's low volatility index fund backtested at 15.1% a year against 13.2% for the parent index, with lower volatility, but in three live years it lags by 1.8% a year and holds 38% in consumer staples. Is the factor broken, or is this what the strategy looks like?Index funds, ETFs and passiveCorePassive and index teamsProduct and strategy roles
  6. 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
  7. 077A value fund has lagged its benchmark by 4% a year for three years, but its downside capture is 70% and upside capture 85%. A platform wants to drop it. When would it be expected to win, and would you keep it?Performance review and attributionCoreFund research and ratingsDistribution and sales
  8. 078After a 150 basis point hiking cycle, a short duration fund yields 7.8% against 6.1% a year ago, with a duration of 2.5. What one-year return should an investor expect if rates stay flat, fall 50 or rise 50, and why is the starting yield the best single guide?Duration and rates positioningCoreFixed income desksIndian AMCs
  9. 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
  10. 080A fund compares a 5-year AAA(SO) bond rated on a parent guarantee at 7.9% with a plain AA plus bond of an unrelated manufacturer at 8.1%. What does the structured obligation actually protect, and which would you own?Debt fund credit decisionsCoreFixed income desksIndian AMCs

Company names and figures are illustrative.