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 21–30 of 31 · filtered from 100Clear filters
  1. 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
  2. 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
  3. 064The equity savings fund of Sunandini Mutual Fund hedges part of its equity with index futures. A missed rollover left 8% of NAV unhedged on a day the market fell 4%. What did the lapse cost, why did the controls fail, and what should change?Compliance, risk limits and conductHardSchrodersNew York · 2021
  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. 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
  8. 090A fund house wants a fund of funds across Indian equity, international equity, short-term debt, gold and a listed REIT, with no sleeve above 40%, for a moderate-risk investor. Propose weights, then assess an underlying equity fund that returned 13.1% against a 12.4% benchmark with a beta of 1.25 while cash paid 6.5%.Fund selection and due diligenceHardNeuberger BermanLondon · 2022
  9. 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
  10. 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.