Subject category:
Finance, Accounting and Control
Published by:
IBS Center for Management Research
Length: 14 pages
Data source: Published sources
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Abstract
It was early January 2017 and the fund manager of ICICI Prudential Value Fund Series 7 (D), Atul Patel (Patel), was worried about protecting the Net Asset Value of his fund. All the stocks listed in the fund portfolio had been chosen with care and he was sure that the fund was fundamentally strong. In fact, he wanted to hold the current positions at least for the next three months. However, his worry was that the prevailing market conditions, economic environment, and global political conditions could lead to fluctuations and adversely impact the fund portfolio value. The Net Asset Value of the fund had already been adversely affected in the face of the prevailing market volatility. Having been a successful fund manager all through, he was concerned about this issue. To buck this trend, he was looking for instruments to hedge against market risks associated with his fund portfolio. However, he was not very sure what type of hedging would provide him with the best possible result, subject to so many constraints.
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Time period
The events covered by this case took place in 2015-2017.Geographical setting
Region:
Asia
Country:
India
Featured company
ICICI Prudential Asset Management Company Ltd
Employees:
1001-5000
Turnover:
INR 13.5 billion
Type:
Public company
Industry:
Mutual fund
Subject category:
Finance, Accounting and Control
Published by:
IBS Center for Management Research
Length: 14 pages
Data source: Published sources
Subject category:
Finance, Accounting and Control
Published by:
IBS Center for Management Research
Format:
.xlsx
Data source: Published sources
Subject category:
Finance, Accounting and Control
Published by:
IBS Center for Management Research
Format:
.xlsx
Data source: Published sources
About
Abstract
It was early January 2017 and the fund manager of ICICI Prudential Value Fund Series 7 (D), Atul Patel (Patel), was worried about protecting the Net Asset Value of his fund. All the stocks listed in the fund portfolio had been chosen with care and he was sure that the fund was fundamentally strong. In fact, he wanted to hold the current positions at least for the next three months. However, his worry was that the prevailing market conditions, economic environment, and global political conditions could lead to fluctuations and adversely impact the fund portfolio value. The Net Asset Value of the fund had already been adversely affected in the face of the prevailing market volatility. Having been a successful fund manager all through, he was concerned about this issue. To buck this trend, he was looking for instruments to hedge against market risks associated with his fund portfolio. However, he was not very sure what type of hedging would provide him with the best possible result, subject to so many constraints.
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Settings
Time period
The events covered by this case took place in 2015-2017.Geographical setting
Region:
Asia
Country:
India
Featured company
ICICI Prudential Asset Management Company Ltd
Employees:
1001-5000
Turnover:
INR 13.5 billion
Type:
Public company
Industry:
Mutual fund
Related
Subject category:
Finance, Accounting and Control
Published by:
IBS Center for Management Research
Length: 14 pages
Data source: Published sources
Subject category:
Finance, Accounting and Control
Published by:
IBS Center for Management Research
Format:
.xlsx
Data source: Published sources
Subject category:
Finance, Accounting and Control
Published by:
IBS Center for Management Research
Format:
.xlsx
Data source: Published sources