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.
ArisInfra Solutions IPO opens for subscription today. Should you bid?
ArisInfra Solutions introduces its Rs 500 crore IPO today. The IPO includes a fresh offer and closes on June 20. The price is Rs 210–222