Will a change in Long Term Capital Gains exemption dampen investor sentiment?

There is talk that the FY19 Budget may increase the holding period from one year to three years

Published 3 years ago on Jan 25, 2018 1 minute Read

IV Subramaniam, CIO, Quantum Mutual Fund

While the government will be the net-beneficiary of this increase in tenure from one year to three years, the market will react negatively. The bigger reaction, probably, will be in the mid-cap and the small-cap space, and that would be because of their higher amenability to speculation in comparison with large-cap stocks. The mid-cap and small-cap space have witnessed


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