Investment, Portfolio Management & Equity Research

Investment, Portfolio Management & Equity Research

Investment, Portfolio Management & Equity Research is a structured track of 13 lessons that build a complete, interview-ready understanding of the topic. Work through them in order, then use the quiz and flashcards in each lesson to revise.

What this course covers

  • Investment Objectives, Constraints & the Investment Policy Statement - Return objectives, risk tolerance, constraints and what goes into a policy statement.
  • Asset Classes & Their Risk-Return Profiles in India - Equity, debt, gold, real estate and alternatives, with Indian return profiles.
  • Modern Portfolio Theory & the Efficient Frontier - Diversification, correlation and the efficient frontier with a two-asset example.
  • The Capital Asset Pricing Model, Beta & Factor Models - The pricing model, beta estimation, and the factor models that extend it.
  • Portfolio Performance: Risk-Adjusted Return Measures Explained - The performance ratios, what each adjusts for, and how to read them together.
  • Asset Allocation & Rebalancing, With Sample Portfolios - Strategic and tactical allocation, rebalancing rules and sample portfolios.
  • Active vs Passive Investing in India: What the Evidence Shows - The active versus passive debate settled with Indian data, not opinion.
  • Building an Investment Thesis: The Structure That Holds Up - A thesis with a variant view, catalysts, valuation and a stated risk.
  • Industry & Company Analysis for Equity Research - Sizing an industry, mapping profit pools, and judging moat and management.
  • Anatomy of a Research Report and How Ratings Actually Work - Every section of a research report, and the incentives shaping the rating.
  • Reading Earnings Calls, Guidance & Management Commentary - Extracting signal from earnings calls, including what management avoids saying.
  • Behavioural Biases in Investing and How to Counter Them - The biases that destroy returns, and the process fixes that reduce them.
  • Case Study: A Two-Minute Stock Pitch That Survives Follow-Ups - A complete stock pitch, plus the follow-up questions and how to hold the view.