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.
Rupee rises for a 3rd day as crude falls
The Indian rupee strengthened for the third consecutive day, closing at 94.56 against the dollar. This rise was driven by retreating oil prices following a
June 17, 2026