I prefer to have a product which has a lower tax rate,” is a common refrain. But are lower tax products better? Or are there products where the seemingly higher tax rate is not a disadvantage, indeed, an advantage in some cases? When I started examining when a higher tax rate is not a disadvantage, some obvious scenarios emerged. Such as: a) when an individual's tax bracket is low; b) when the asset allocation warrants choosing a product irrespective of the tax rate
Valuations in Indian markets have become reasonable: Mirae's CIO Surana
Read More
