Savvy HNIs churn portfolio more often to maximise returns
Rich investors are churning their mutual fund portfolios more regularly than earlier. The proportion of their average equity holdings with duration of more than two years has halved, according to data from the Association of Mutual Funds of India (Amfi). High networth investors', or HNIs, (individuals investing Rs 5 lakhs…
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Click here to read the full story: Economic Times

