Mahendra NextWealth IT Junior Executive Interview Questions and Answers

IRR, NPV, and NAV are financial metrics used to evaluate the profitability and value of investments.

• IRR (Internal Rate of Return) is the discount rate that makes the net present value of all cash flows from a particular investment equal to zero.

• NPV (Net Present Value) is the difference between the present value of cash inflows and outflows of an investment.

• NAV (Net Asset Value) is the value of a fund's assets minus its...read more

Mutual funds pool money from multiple investors to invest in a diversified portfolio of securities. Hedge funds are actively managed investment funds that use a variety of strategies to achieve high returns. Private equity involves investing in privately held companies or buying out public companies to take them private.

• Mutual funds pool money from multiple investors to invest in a diversified portfolio of securities.

• H...read more

Analysis of financial statements involves reviewing and interpreting a company's financial data to assess its performance and make informed decisions.

• Review income statement, balance sheet, and cash flow statement to understand financial health

• Calculate key financial ratios like profitability, liquidity, and solvency ratios

• Compare current financial data with historical data and industry benchmarks

• Identify trends, stren...read more

Limited partners are passive investors with limited liability, while general partners are actively involved in managing the business with unlimited liability.

• Limited partners have limited liability and are not involved in the day-to-day operations of the business.

• General partners have unlimited liability and are actively involved in managing the business.

• Limited partners typically contribute capital to the business but...read more

I am drawn to this company for its innovative approach, strong values, and commitment to professional growth and collaboration.

• Innovative Culture: The company is known for its cutting-edge solutions, such as [specific product or service], which aligns with my passion for innovation.

• Strong Values: I admire the company's commitment to sustainability and social responsibility, as seen in initiatives like [specific initiat...read more

NAV stands for Net Asset Value, which represents the per-share value of a mutual fund or exchange-traded fund (ETF).

• NAV is calculated by subtracting a fund's liabilities from its assets and dividing by the number of shares outstanding.

• It is used to determine the price at which investors can buy or sell shares of the fund.

• NAV is typically calculated at the end of each trading day.

• For example, if a mutual fund has assets...read more

Custodian banks are financial institutions responsible for safeguarding assets, such as securities and cash, on behalf of institutional clients.

• Provide safekeeping of assets

• Settle trades on behalf of clients

• Collect income on assets

• Process corporate actions

• Provide reporting and other administrative services

• Act as a liaison between the client and the investment manager

I am a Senior Associate with extensive experience in project management, team leadership, and strategic planning across various industries.

• Project Management: Successfully led a cross-functional team to deliver a $2 million project ahead of schedule, improving client satisfaction by 30%.

• Team Leadership: Mentored junior associates, resulting in a 25% increase in team productivity and a more cohesive work environment.

• Str...read more