Mutual Fund Analyst (MFA)- Cohort II

Program Dates: To Be Announced

Venue: Virtual

Program Fee: For Equalifi Members: Nil
For Non-Members: INR 5,900

The program fee includes
- Live online sessions
- Instructor Notes
- Self-paced assignments

For a Financial advisor/ Mutual Fund Distributor, winning the trust of the clients is the only recipe for success!!

The MFA program is a first-of-its-kind education program designed for wealth and asset management professionals to help them learn market analysis, quantitative and qualitative analysis of the mutual funds, expertise in picking the right fund, performance analysis, risk mitigation, reviewing the financial statements of different mutual funds in order to provide advice to their clients for making sound investment decisions.

Session Date Day Time Topic Faculty
 1 Sunday September 3 8 am- 10 am Introduction to the mutual fund industry

  • What are mutual funds?
  • Concept, role & types of mutual funds
  • Why invest in mutual funds?
  • Important terminologies
  • Modes of investing
  • Regulatory landscape
Sunita Rao
Chartered Financial Analyst
 2 Sunday September 3 10.30 am- 12.30 pm Marketing, distribution, sales & investor services related to mutual funds

  • Design of mutual fund products
  • Who can invest in mutual funds in India?
  • Investor services – application, redemption, investment plans & services, query resolution, collaterals, outreach & client connect
  • Marketing of mutual funds products
  • Fund distribution channels
  • Sales practices
  • Scheme information document (SID)
  • Statement of additional information (SAI)
  • Key information memorandum (KIM)
Sunita Rao
Chartered Financial Analyst
 3 Saturday September 9 8 am- 10 am Valuation & Taxation

  • How are mutual funds valued?
  • Valuation of suspended security / unlisted securities / liquid securities / debt securities / gold ETFs
  • Mutual fund tax provisions – securities transaction tax (STT), capital gains tax, tax on income distributed, tax deducted at source (TDS), withholding tax
  • Double indexation
  • Setting off & carry forward of losses
  • Dividend stripping
Sunita Rao
Chartered Financial Analyst
 4 Saturday September 9 10.30 am- 12.30 pm Fund selection and fund research

  • Equity markets and mutual funds
  • Debt funds and mutual funds
  • Alternative assets and mutual funds
  • Screening funds based on investor risk profile
Sunita Rao
Chartered Financial Analyst
 5 Sunday September 10 8 am- 10 am Portfolio management using comparative analysis

  • Due diligence at Fund, Fund Manager and AMC levels.
  • Performance and portfolio assessment
  • Analysis of debt funds – credit and duration risk
  • Analysis of existing portfolio
  • Recommendation
  • Periodic reviews and rebalancing
Sunita Rao
Chartered Financial Analyst
 6 Sunday September 10 10.30 am- 12.30 pm

Quantitative evaluation of mutual fund schemes

  • Returns – XIRR dividend Re-investment (CGR), compounding of periodic returns
  • Risk – standard deviation, beta, weighted average maturity, modified duration
  • Understanding mutual fund accounting & N.A.V
Sunita Rao
Chartered Financial Analyst
 7 Saturday September 16 8 am- 10 am

Key factors to consider to be investment ready

  • Evaluating the fund manager(s) Performance – Jensen’s Alpha(risk) – track record – experience segments
  • Performance against index
  • Past returns vs
  • What is mutual fund portfolio overlap and how to avoid it?
  • Strategies & “how to make mutual funds work for you”
  • When to redeem the mutual fund investment?
  • Setting benchmarks & recommendation of a model portfolio
Sunita Rao
Chartered Financial Analyst
8 Saturday September 16 10.30 am- 12.30 pm

Analyzing and using MF scheme as tool for achieving your financial freedom

  • How to evaluate MF Schemes
  • Understanding the Fund Fact Sheet
  • How to allocate your SIP for your goals
  • Case Studies
Sunita Rao
Chartered Financial Analyst
9 Sunday September 17 10 am- 12 pm Practitioner’s Insights TBA
 Exam Sunday/Saturday September 23-24 TBA 2-hour multiple choice exam with negative marking conducted on a remote-proctored platform. Candidates can appear for the exam from anywhere and anytime during the exam dates. TBA

To be announced