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Portfolio Turnover Rate

The rate at which the fund's portfolio securities are changed each year. If a fund's assets total Rs 100 crore and the fund bought and sold Rs 100 crore worth of securities that year, its portfolio turnover rate would be 100%. Aggressively managed funds generally have higher portfolio turnover rates than do conservative funds which invest for the long term. High portfolio turnover rates generally add to the expenses of a fund.

News On Portfolio Turnover Rate
Jaquar aims $1 bn turnover by 2022, to open 15 stores globally

03-12-2017| Source:PTI

Bath fittings and sanitary ware major Jaquar Group is eyeing USD 1 billion turnover by 2022, as the company is expanding its product portfolio and global footprint.

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