
Hope in Motion, Reality in Pause
Indiaâs economy isnât moving in lockstepâitâs unfolding in layers. Factory floors are buzzing, but credit growth is … Continued
Read more14 August 2024
The Union Budget 2024-25’s increase in capital gains tax rates introduces significant challenges for Portfolio Management Services (PMS). With the short-term capital gains tax now set at 20%, PMS strategies characterised by high turnover will face heightened tax burdens. Rohan Samant, Principal Officer and Chief Investment Officer at Multi-Act, was quoted by Mint alongside other industry leaders, emphasising that PMS strategies must generate higher returns to stay competitive with mutual funds. The new tax framework is expected to intensify competition and could potentially lead to consolidation within the PMS industry.
Read full article here: https://www.livemint.com/money/personal-finance/capital-gains-tax-stcg-ltcg-union-budget-pms-strategies-portfolio-managers-mutual-funds-investing-money-11722413581980.html
Indiaâs economy isnât moving in lockstepâitâs unfolding in layers. Factory floors are buzzing, but credit growth is … Continued
Read moreA sharp rally followed by a gradual declineâthis defines the Rounding Top Formation . Our analysts, Lloyd … Continued
Read moreAman Jain, Senior Research Analyst at Multi-Act, unpacks the critical role of consumption in shaping India’s trajectory … Continued
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Sr. No. |
Received from |
Pending at the end of last month |
Received |
Resolved* |
Total Pending # |
Pending complaints > 3 months |
Average Resolution time^ (in days) |
1 |
Directly from Investors |
0 |
0 |
0 |
0 |
0 |
0 |
2 |
SEBI (SCORES) |
0 |
0 |
0 |
0 |
0 |
0 |
3 |
Other Sources (if any) |
0 |
0 |
0 |
0 |
0 |
0 |
 |
Grand Total |
0 |
0 |
0 |
0 |
0 |
0 |
* Inclusive of complaints of previous months resolved in the current month.
# Inclusive of complaints pending as on the last day of the month
^ Average Resolution time is the sum total of time taken to resolve each complaint in days, in the current month divided by total number of complaints resolved in the current month.
Sr. No. |
Month |
Carried forward from previous month |
Received |
Resolved* |
Pending# |
1 |
April, 2025 |
0 |
0 |
0 |
0 |
 |
Grand Total |
0 |
0 |
0 |
0 |
*Inclusive of complaints of previous months resolved in the current month. #Inclusive of complaints pending as on the last day of the month.
SN |
Year |
Carried forward from previous year |
Received |
Resolved* |
Pending# |
1 |
2021-22 |
0 |
0 |
0 |
0 |
2 |
2022-23 |
0 |
0 |
0 |
0 |
3 |
2023-24 |
0 |
0 |
0 |
0 |
4 |
2024-25 |
0 |
0 |
0 |
0 |
 |
Grand Total |
0 |
0 |
0 |
0 |
*Inclusive of complaints of previous years resolved in the current year. #Inclusive of complaints pending as on the last day of the year.