Basics of Financial Modelling

How to Select the Right Equity Mutual Fund by Kirtan Shah is a practical course that teaches you how to evaluate, compare, and confidently invest in mutual funds. You will learn the importance of asset allocation, goal-based investing, fund categories, and key risk-return metrics like CAGR and Sharpe Ratio. With real-life examples and easy-to-follow strategies, this course helps you move beyond returns and choose funds that align with your goals. Perfect for investors, students, and advisors looking to make smarter, data-driven investment decisions.

In Lesson 1, Introduction, you will understand the purpose and structure of the course and why choosing the right equity mutual fund is a key pillar of successful investing.

In Lesson 2, Asset Allocation, you will learn why asset allocation is more important than picking the best-performing fund. Understand how balancing between equity, debt, and other assets impacts overall portfolio risk and return.

In Lesson 3, Goal-Based Investing, you will get an understanding of the time value of money through practical examples and a detailed case study. Learn how to link mutual fund investments to specific life goals like retirement, education, or wealth building.

In Lesson 4, Scheme Categorization, you will explore the different types of equity and hybrid mutual funds and learn how each category serves different investment needs and risk profiles.

In Lesson 5, Macro Economics Analysis, you will understand key macro factors like interest rates, inflation, economic cycles, and how they influence mutual fund performance and market behavior.

In Lesson 6, Different Types of Returns, you will learn terms like HPR, CAGR, IRR, and XIRR, and how rolling returns help measure consistency and performance beyond one-time snapshots.

In Lesson 7, Different Types of Risks, you will understand essential risk metrics like standard deviation and beta to measure volatility and market sensitivity of mutual funds.

In Lesson 8, Risk-Adjusted Returns & Practical Interpretation, you will learn about the Sharpe Ratio, the Treynor Ratio, and Jensen’s Alpha, and how to use them to compare funds not just by returns, but by how efficiently they manage risk.

In Lesson 9, Advanced Performance Metrics, you will learn advanced ratios and performance indicators, giving you a refined view of how different funds stack up.

In Lesson 10, How to Pick the Right Fund, you will learn how to evaluate and select the best fund, using historical data, forward-looking, and research-based approaches.

In Lesson 11, Bonus, you will gain hands-on skills in performance and portfolio analysis using real mutual fund examples, tying theory to practice.

Course Highlights :

- How to align mutual fund investments with your financial goals using goal-based planning
- The importance of asset allocation and how to apply it in real portfolios
- How to categorize equity and hybrid funds and select based on your risk profile
- Macroeconomic factors that impact fund performance
- How to calculate and interpret returns like HPR, CAGR, IRR, and XIRR
- The role of risk metrics like standard deviation and beta in evaluating volatility
- How to assess funds using risk-adjusted return ratios
- A complete framework to select the right mutual fund

Who is this course for :

- Individuals planning long-term investments through mutual funds
- Beginners and intermediate investors who want to learn how to pick the right equity mutual funds
- Working professionals looking to align investments with long-term financial goals
- Finance students and enthusiasts looking to gain practical, in-depth knowledge of equity mutual funds
- Anyone interested in optimizing returns with a balanced, risk-aware approach