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 1–5 of 5 · filtered from 100Clear filters
  1. 013A school chain is coming to IPO at a price band implying 62 times trailing earnings. 80% of the issue is an offer for sale by a private equity investor, and enrolments grew 9% last year. Should an equity fund apply, and what would it need to believe?Valuing listed securities: IPOs, DCF and REITsCoreEquity research at AMCsGlobal asset managers
  2. 032A two-wheeler maker's DCF gives Rs 15,900 crore but the market cap is Rs 22,000 crore. What growth is the market implying, and is it plausible?Valuing listed securities: IPOs, DCF and REITsHardSchrodersLondon · 2024
  3. 050Build a simple DCF: free cash flow of Rs 80 crore next year growing 12% for five years, then 5% forever, discounted at 11.5%, with Rs 150 crore of net debt. What is the equity value, and which assumption moves it most?Valuing listed securities: IPOs, DCF and REITsCoreHPS Investment PartnersNew York · 2025
  4. 072In a two-hour case on Meghmalhar Business Parks, a listed office REIT, 35% of leases expire in two years with in-place rents 18% below market, and the weighted lease expiry is 4.2 years. Estimate the rent reversion upside and the vacancy risk, and decide whether the units are fairly priced at a 7% distribution yield.Valuing listed securities: IPOs, DCF and REITsHardEquity research at AMCsGlobal asset managers
  5. 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

Company names and figures are illustrative.