Is your mutual fund buying or selling stocks too much?
A mutual fund scheme's turnover ratio tells you how frequently its fund manager buys and sells the underlying stocks. Typically, higher the turnover ratio, more your fund manager churns
When a fund manager advises her investors to invest for the long run, it is only to be expected that she does the same. We’re not talking about how she manages her investments though we sure hope that she invests for the long term too. We’re talking about the way your fund manager makes investments on your behalf and the schemes she manages.