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 1–10 of 18 · filtered from 100Clear filters
  1. 001Pitch Chitravarna Paints: revenue of Rs 4,200 crore growing 14%, an 18% EBITDA margin, 32% return on capital, net cash, and a share price at 48 times earnings. Long or pass, and what has to be true for 48 times to work?Equity research and stock pitchesCoreWellington ManagementBoston · 2024
  2. 004A 34-year-old has Rs 1 crore after tax from selling ESOPs, needs Rs 30 lakh for a home down payment in two years, has no emergency fund and a steady salary. How would you invest the money?Client portfolios and goal planningCoreNorthern TrustLake Forest · 2022
  3. 011A mid-sized AMC must choose its next launch: a defence theme NFO that distributors are asking for, or a multi-asset fund. It already runs two thematic funds and has no multi-asset fund. Which launch, and how do you justify it to the board?Scheme design and product strategyCoreNuveenLondon · 2023
  4. 016A 58-year-old client has just lost her husband. She receives Rs 1.4 crore of insurance, holds Rs 60 lakh in funds and needs Rs 70,000 a month. How do you approach the first meeting, and what do you do with the money in the first six months?Retirement, withdrawals and life eventsCoreVanguardScottsdale · 2025
  5. 019A credit fund is offered a three-year NCD of an AA minus NBFC at 10.4%, 290 basis points over AAA. Gross NPA is 4.8% and rising, 42% of borrowings are commercial paper due within a year, and the one-year asset-liability gap is negative. Identify the risks and decide.Debt fund credit decisionsCoreNuveenChicago · 2025
  6. 020A cement company has 30 million tonnes of capacity at 68% utilisation and trades at an EV of Rs 9,500 per tonne against a replacement cost of Rs 7,000. Is it cheap or expensive, and what utilisation justifies the price?Equity research and stock pitchesCoreWellington ManagementHong Kong · 2022
  7. 029In a group discussion you are handed a contract drug manufacturer with an order book of three times revenue, 38% of revenue from one client and a 27% EBITDA margin. Argue the long case, then the strongest bear case, and land on a view.Equity research and stock pitchesCoreFranklin TempletonSan Mateo · 2024
  8. 034Write the investment memo for a specialty chemicals exporter with 62% of revenue from three customers, a 24% EBITDA margin and a new plant that doubles capacity next year. What goes in, in what order, and what is the recommendation?Equity research and stock pitchesCoreFidelity InvestmentsToronto · 2026
  9. 037A 41-year-old client wants to move Rs 20 lakh of his Rs 60 lakh portfolio into a technology sector fund that returned 45% last year. What do you recommend, and what are the risks and benefits of that recommendation?Client portfolios and goal planningCoreInvescoAtlanta · 2024
  10. 040An AMC runs 38 schemes; 11 have under Rs 200 crore of AUM and 6 of those overlap heavily with a larger sibling. Recommend which to merge, close or promote, and what each choice costs investors and the AMC.Scheme design and product strategyCoreVanguardMalvern · 2023

Company names and figures are illustrative.