Portfolio Turnover Ratio
The lower of the value of purchases or of sales during a period, divided by the average net assets.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
- Series V-D · Chapter 12: Mutual Fund Scheme Selectionintroduced here
- Series V-A · Chapter 12: Mutual Fund Scheme Selectionintroduced here
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