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Options
- A
2 months
- B
3 months
-
6 months
Correct answer
- D
12 months
Why this is the answer
The Portfolio Turnover Ratio is calculated by dividing the total transactions (purchase and sale) by the average size of the net assets. Here, the turnover ratio = Rs. 10,000 crore / Rs. 5,000 crore = 2. This means that the assets are held for an average of 6 months (12 months ÷ 2).
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