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 1–3 of 3 · filtered from 100Clear filters
  1. 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
  2. 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
  3. 098Formulate the portfolio optimisation for a 40-stock fund: maximise expected return minus a risk penalty, with no stock above 10%, no sector above 30% and one-way turnover under 15% a month. Solve a four-stock version by hand and show which constraint binds.Compliance, risk limits and conductHardBlackRockNew York · 2025

Company names and figures are illustrative.