Portfolio Turnover Ratio & MF Returns

Investors take different routes to select mutual funds. Most of them look at historical returns to gauge future performance. Many compare this return with their peers and benchmark to arrive at an investing decision. Some risk-aversive investors also look at risk measures to understand the risk and commit funds if it meets their risk profile. However, a lesser-known but equally significant metric is the Portfolio Turnover Ratio (PTR). This article delves into what the portfolio turnover ratio is, how it impacts mutual fund returns, and should investors be caring about it