Apart from investing in equity through mutual funds, Rahul Gandhi also believes in government schemes. Rahul Gandhi has also invested through National Savings Certificate and Postal Saving Schemes.
Rahul Gandhi (file photo)
Congress veteran Rahul Gandhi will celebrate his 50th birthday tomorrow i.e. on June 19. You know Rahul Gandhi as a politician, but do you know that he is also an expert in financial planning. This image of him is visible in the affidavits filled for the Lok Sabha elections 2019. According to the details of the affidavit present on the ADR, Rahul Gandhi has invested about Rs 5.19 crore.
According to the affidavit, Rahul Gandhi does not invest money directly in equities. He has invested in equity based mutual funds. According to the affidavit filed in 2019 for nomination from Kerala’s Wayanad Lok Sabha seat, he has invested in equities through mutual funds.
Strong investment in mutual funds
Rahul Gandhi has invested a lot in Mutual Funds. 70 per cent of Rahul Gandhi’s portfolio is in equity mutual funds in which a small part is also in the form of direct shares of a company. Rahul Gandhi has invested around Rs 5.19 crore in mutual funds. This amount is invested in 11 mutual fund schemes in which 8 are equity mutual funds and 3 are hybrid mutual funds.
There is also trust in government schemes
Apart from investing in equity through mutual funds, Rahul Gandhi also believes in government schemes. Rahul Gandhi has invested around 39 lakhs through National Saving Certificates and Postal Savings Schemes. At the same time, the column of LIC and other insurance has been mentioned in the blue.
There are three accounts in the bank
Talking about bank deposits, three banks have been mentioned in the affidavit, in which one account is with the country’s largest government bank SBI and two accounts are with HDFC Bank. In this, a total amount of Rs 17.93 lakh has been shown to be deposited. On the other hand, in the case of cash, an amount of Rs 40,000 has been shown in the column in cash in hand. The bulk of Rahul Gandhi’s investments have been shown in the equity market through bonds, debentures and mutual funds.
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