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 1–2 of 2 · filtered from 100Clear filters
  1. 039A Rs 6,000 crore index fund must buy a new index entrant at a 2.4% weight on the rebalance date, Rs 144 crore of a stock that trades Rs 90 crore a day, and traders have bought ahead. What does front-running cost investors, and could the fund do anything differently?Index funds, ETFs and passiveHardPassive and index teamsProduct and strategy roles
  2. 087A US equity feeder fund lagged its index by 2.3% in a year: expense ratio 0.6%, the overseas fund's own cost 0.2%, 5% held in cash while the index rose 20%, and currency moves timed differently from the NAV cut-off. Decompose the gap, and explain what happens when the industry's overseas investment limit is reached.Index funds, ETFs and passiveHardPassive and index teamsProduct and strategy roles

Company names and figures are illustrative.