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News From Press Dhirendra Kumar’s top mutual fund picks & his view on LTCG in equity

Dhirendra Kumar’s top mutual fund picks & his view on LTCG in equity

Source: Economic Times Jan 12, 2018

An introduction of long-term capital gains tax on equity and equity-linked mutual fund schemes may generate a strong negative reaction in the mutual fund mart, says Dhirendra Kumar, CEO, Value Research.

He, however, says such a change in taxation norms might not alter the long-term growth trajectory for the mutual fund industry. "If the market turns very turbulent in 2018, balanced funds will be a key beneficiary," he said in an interview to ETNow.

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