Investors Crave Lucrative Returns and Tax Benefits Post-COVID: Compelling Report Reveals Insights
New Delhi, Sep 23: Post-Covid investment decisions are significantly influenced by the degree and regularity of returns alongside tax benefits, according to a recent report from the PHD Research Bureau, PHD Chamber of Commerce and Industry, and Jagan Institute of Management Studies (JIIMS), Rohini.
The report analyzes factors that influence individual investments across various financial instruments and compares investor behaviors before and after the Covid-19 pandemic. The study spans two years before the pandemic (FY 2018-2020) and two years post-pandemic (FY 2021-2023).
As per the report, India’s capital market has demonstrated robust performance in the post-Covid period, bolstered by a strong regulatory environment, economic growth, and investor confidence. Sanjeev Agrawal, President of the PHD Chamber of Commerce and Industry, predicted exceptional market performance in the coming years, with India poised to become the third-largest economy by 2030, reaching a $7 trillion market size.
The analysis included six financial instruments: mutual funds, bonds, stocks, derivatives, gold, and real estate. Participants responded to a questionnaire covering five factors: risk degree, tax benefits, liquidity, degree of returns, and regularity of returns.
Pre-Covid, investment decisions were primarily driven by the degree and regularity of returns. Post-Covid, these factors remained crucial, with tax benefits becoming increasingly influential.
Mutual fund investments pre-Covid were influenced by the degree and regularity of returns and risk degree. Post-Covid, liquidity emerged as a more significant factor alongside returns.
Bond investments, initially driven by tax benefits, saw post-Covid priorities shift towards liquidity and higher returns. Stock investments, previously driven by expected returns and liquidity, were viewed post-Covid as high-paying without the need for additional advantages.
Gold bonds and Sovereign Gold Bonds retained their appeal due to tax benefits and return regularity in both periods. Real estate investments shifted focus from sale probability pre-Covid to tax benefits and regularity of returns post-Covid.
IANS
Original Story https://theshillongtimes.com/2024/09/23/investors-prefer-regular-hefty-returns-tax-benefits-post-covid-report/
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