01-01-1970 12:00 AM | Source: HT Media
Is your mutual fund buying or selling stocks too much?
News By Tags | #392 #4415

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Now Get InvestmentGuruIndia.com news on WhatsApp. Click Here To Know More

A manager buys and sells scrips regularly, sometimes every day, to generate a return. But when a manager buys and sells far too often, there is a problem. A turnover ratio measures the extent to which a manager churns her portfolio. If the portfolio turnover is greater than 100%, that typically means that the manager has churned the portfolio once over, completely. A high turnover is not necessarily bad, but a consistently high turnover is not desirable unless the inherent strategy of the scheme calls for a high churn. Here are equities with the highest turnover