The mutual funds industry does not see any reduction in the inflows of funds after the proposal of long term capital gains (LTCG) tax and dividend distribution tax (DDT), an official said here on Tuesday .
The industry also expects there would be no level playing field between mutual funds and unit linked insurance plan (ULIP) after the introduction of LTCG tax and DDT, Association of Mutual Funds of India (AMFI) Chief Executive N. S. Venkatesh said.
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