CA Neeraj Arora warns on ‘value investors’ with high turnover
On a podcast, CA Neeraj Arora revealed his preferred test for a fund manager includes checking if their actions match their words. He warned that a "Value Investor" (who should hold stocks long-term) but has a high Portfolio Turnover Ratio (meaning they trade frequently) is a huge red flag, suggesting they aren't being true to their stated philosophy.