Bitcoin rally: Cap crypto exposure at 2-5% of portfolio to manage risk
Last Update Date: 06-10-2026
Published by Business Standard
Abhishek Kumar's role: Quoted
Abhishek Kumar cautioned that US rate hikes, a stronger dollar or large institutions booking profits could trigger a sell-off. He pointed out that crypto is not legal tender in India and explained the tax rules: a flat 30% tax plus cess, 1% TDS above ₹50,000, and no set-off of losses.
More of Abhishek's views on mutual funds
The article looks at a bitcoin rally driven by US regulatory moves and institutional interest, and the risks Indian investors face. It covers volatility, India's tax rules on crypto gains, the lack of legal tender status and regulatory protection, security breaches at exchanges, and the informal practice of keeping crypto to a small share of a portfolio.
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Bitcoin rally: Cap crypto exposure at 2-5% of portfolio to manage risk