A portfolio turnover ratio of 2,300: should mutual fund investors be concerned?
*Raj Talati, Certified Financial Planner and partner, ABM Investment*, says “The portfolio turnover ratio is going to be high whenever the market is volatile. Arbitrage takes advantage of that volatile market. Whenever the market is volatile, they get a higher cost of carry, and that is what they try to encash.”........
*Views published in E.T.".*