

Congress chief Rahul Gandhi has considerably elevated his publicity to the Indian fairness market within the final ten years with the worth of the shares he owns standing at Rs 4.33 crore and mutual funds price Rs 3.81 crore. The entire valuation, shares and mutual funds mixed, price Rs 8.14 crore is till March 15 2024, as per the most recent affidavit Gandhi has filed forward of the Lok Sabha elections.
Comparatively, Gandhi was seemingly conservative in his investments again in 2019. He held Rs 5.19 crore price of mutual funds however had no direct investments within the inventory market. And if one had been to return additional in time when the Congress had did not retain energy within the 2014 common elections and misplaced to the BJP, Rahul Gandhi held lower than Rs 1 crore in mutual funds. The online asset worth of the mutual funds he held then was Rs 81.28 lakh. He had no direct inventory market investments both.
Gandhi’s newest affidavit has a listing of the shares he holds. Valuation smart, the highest 5 shares he holds are Pidlite Industries, Bajaj Finance, Nestle India, Asian Paints and Titan. The largest inventory in his portfolio is Pidlite Industries at Rs 42.27 lakh. The inventory has given 29.30% returns within the final 1 12 months. He owned shares price Rs 35-36 lakh every of Asian Paints Ltd, Bajaj Finance Ltd and Nestle India Ltd. Amongst mid and smallcap shares, he owns GMM Pfaudler shares price Rs 14 lakh, Deepak Nitrite shares price Rs 11.92 lakh, Tube Investments of India price Rs 12.10 lakh, High quality Organics price Rs 8.56 lakh and Data Edge price Rs 4.45 lakh.
The highest two investments in Rahul Gandhi’s mutual funds portfolio are HDFC Small Cap Reg-G price Rs 1.23 crore and ICICI Prudential Reg Financial savings-G amounting to Rs 1.02 crore. Again in 2014, the 2 mutual funds in his portfolio had been ‘Templeton India Low Length Month-to-month Dividend Rein. Fund’ and ‘HDFC Money Administration Treasury Adv Ret Weekly Dividend Rein. Fund’. The mixed web asset worth of the 2 funds was Rs 81.28 lakh. Apparently, the ‘Templeton India Low Length Month-to-month Dividend Rein. Fund’ is similar fund as Franklin India Low Length Fund, which was one of many six debt schemes Franklin Templeton had wound up in April 2020 amid extreme market illiquidity as a result of Covid-19’s financial impression. Gandhi had exited his place on this explicit fund greater than a 12 months earlier than the fund shut and as a substitute picked two different Franklin Templeton funds – Franklin India Fairness-G and Franklin India Debt Hyb.
By 2019, Gandhi had widened his investments to 10 totally different mutual funds. His greatest holding was 33,037 models of Aditya Birla Sunlife price Rs 74.90 lakh, adopted by Franklin India Fairness-G price Rs 73.77 lakh. He additionally had investments in ICICI Prudential Common L&T Fairness-G and Motilal Oswal Multicap.
Past fairness, the market worth of Gandhi’s industrial property in Gurugram has elevated a meagre 3.31% within the final 5 years from Rs 8.75 crore in 2019 to Rs 9.04 crore in 2024. He had bought the property for Rs 7.93 crore. He made an funding in 220 models of Sovereign Gold Bond in FY21 which now stands at Rs 15.21 lakh. Sovereign Gold Bonds (SGBs) are issued by the Reserve Financial institution of India (RBI) on behalf of the Authorities of India. These bonds are denominated in grams of gold and are an alternative to holding bodily gold. However Gandhi has not made any funding in bodily gold within the final 10 years. He held 333.300 grams of gold jewelry price Rs 2.87 lakh in 2014, the worth of which has elevated to Rs 4.20 lakh as of 15 March 2024. Gandhi additionally collectively owns land price Rs 2.10 crore with sister Priyanka Gandhi Vadra in Mehrauli, New Delhi.
In the meantime, Gandhi noticed an 8 per cent drop in his annual earnings from Rs 1.11 crore in FY18, previous to the earlier common elections, to Rs 1.02 crore in FY23. His annual earnings had seen a gentle rise till FY22 when he disclosed Rs 1.31 crore in annual earnings tax returns. He has seemingly witnessed substantial development as a result of compounding impact of a PPF, together with his funding growing from Rs 20.70 lakh in 2014 to Rs 39.89 lakh in 2019, and at the moment stands at Rs 61.52 lakh. Gandhi declared his whole belongings in 2024 as price Rs 20.4 crore.
Rahul Gandhi is the sitting MP from Kerala’s Wayanad constituency. He has filed his nomination papers from the identical Lok Sabha seat for the upcoming common elections 2024. Amongst different main candidates, Gandhi can be competing in opposition to CPI’s Annie Raja and BJP’s Ok Surendran.
Disclaimer: Enterprise In the present day offers inventory market information for informational functions solely and shouldn’t be construed as funding recommendation. Readers are inspired to seek the advice of with a certified monetary advisor earlier than making any funding choices.
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