News From Press Budget 2024: Tax parity between ULIPs and mutual funds needed, says George Thomas of Quantum AMC

Budget 2024: Tax parity between ULIPs and mutual funds needed, says George Thomas of Quantum AMC

Source:Mint Jan 25, 2024

Capex allocation is expected to be moderated in the forthcoming Budget 2024. Private banks and top IT companies could perform well in the near future. And as far as broader markets are concerned, the calendar year returns could be in the low double-digit, asserts George Thomas, fund manager (equity) of Quantum Mutual Funds, in a telephonic interview with MintGenie.

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