Mutual Fund Mastery case studies, worked step by step

Cases: 100
Traced to a firm: 31
Topics: 14
Hard: 32

Showing 61–70 of 100

061Omkar Salvi, in the highest tax slab, parks Rs 25 lakh for three months. A liquid fund yields 6.8% taxed at slab (assume 30%) and an arbitrage fund 6.4% taxed as short-term equity gains (assume 20%). Which leaves more after tax, and what risk does the arbitrage fund add?Duration and rates positioningWarm upWealth and advisoryDistribution and sales
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
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
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
065Samudrika Logistics has EBITDA of Rs 400 crore, net debt of Rs 1,600 crore (4.0x), interest of Rs 170 crore and trades at 9x EV/EBITDA. A hybrid fund can buy its 3-year bond at 9.6% or its equity. If EBITDA falls 20%, equity loses about 36% while the bond stays covered. Which instrument, and what would flip your answer?Debt fund credit decisionsHardFixed income desksEquity research at AMCs
066A debt scheme of Kaveriya Mutual Fund needs Rs 120 crore for redemptions. It can borrow for up to six months at 8.5% (within the regulatory borrowing limit; confirm the current figure) or sell a 7.8% bond now at a 60 basis point discount to fair value. Which is cheaper for remaining investors, and when does borrowing become the worse choice?Liquidity, redemptions and stressHardRisk and complianceFixed income desks
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
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
069Pranjal Asset Management markets its multi-asset fund as equity-like return with debt-like risk: 5-year return 11.2% a year, worst drawdown minus 9%. The portfolio shows 22% in unrated or thinly traded bonds priced by a model. Test the claim before a platform lists it.Fund selection and due diligenceHardFund research and ratingsDistribution and sales
070Ritvik Sabharwal holds 70% of his Rs 2 crore net worth in his employer's listed shares, bought at an average Rs 180 against a market price of Rs 1,050. Plan a three-year diversification that balances tax on gains against concentration risk.Client portfolios and goal planningHardWealth and advisoryDistribution and sales

Company names and figures are illustrative.