In July, 32 equity mutual funds recorded portfolio turnover ratios of less than 10%, spanning various categories like sectoral/thematic, flexi cap, and multi cap. Experts recommend that investors shouldn’t be overly concerned, as low turnover does not necessarily impact returns adversely. Evaluating fund performance requires looking at multiple factors, not just turnover ratios.
Oil prices inch up as US bans Chevron from exporting Venezuelan crude
Brent crude futures rose 47 cents, or 0.73%, to $64.56 a barrel by 0028 GMT, while U.S. West Texas Intermediate crude gained 49 cents, or