ETMarkets PMS Talk | Budget 2025 Wishlist: Reduce STT or LTCG taxes to boost retail investor participation
In an interview with ETMarkets, Bharadia said: “Dual taxation through STT and capital gains taxes may deter retail participation and shift investments elsewhere,” Edited excerpts:
Thanks for taking the time out. Please review the fund's performance in November and for the year 2024. Were there any milestones achieved this year?
The months of October and November posed significant challenges for Indian stock markets and our fund due to increased volatility and selling pressures. Despite these hurdles, 2024 emerged as a positive year for the market overall.
A notable achievement for Wallfort PMS was the exceptional performance of our diversified fund, which outperformed the S&P BSE 500 TRI.
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