The expected restructuring of LTCG would definitely be a positive to attract foreign capital as the fundamental case for India allocation improves for FIIs, said Ashwini Shami of OmniScience Capital.
According to Ashwini Shami, President and Chief Portfolio Manager at OmniScience Capital, a 15–20 percent rally in Samvat 2083 is a reasonable possibility. He pointed out that whenever the price-to-book value (P/BV) ratio falls below 2.8, the median annualised return over the subsequent 3–5 years has been around 14 percent. He shared this assessment in an interview with Moneycontrol.