Economy Budget 2020: Relief in STT and LTCG rates expected, says Nirali Shah of SAMCO Securities Updated : January 27, 2020 01:24 PM IST A risk-taking investor can allocate a higher portion — almost 60 percent — to quality mid and smallcaps and 30-35 percent in largecaps, says Nirali Shah, Senior Research Analyst, Samco Securities. Markets are expecting a reduction in personal tax rates and to an extent on capital gains as well, Shah noted. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.