04-04-2024 : A detailed look at Congress MP’s Investment Portfolio Congress MP Rahul Gandhi has unveiled his assets while submitting his nomination for the Lok Sabha elections from Wayanad. His financial portfolio includes stocks, mutual funds, and Sovereign Gold Bonds (SGBs), revealing a diverse array of investments. Gandhi’s assets amount to a total worth of Rs 20.4 crore, comprising movable and immovable assets.
Stock market investments:
Rahul Gandhi’s stock portfolio reflects a diversified investment strategy, with holdings in prominent companies such as ITC, TCS, and Divi’s Laboratories. Notable stocks in his portfolio include Nestle India Ltd, Asian Paints Ltd, and Hindustan Unilever Ltd. His investment in ITC Ltd stands out, with 3,093 shares worth Rs 12.96 lakh.
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- Nestle India Ltd: 1,370 shares worth Rs 35.67 lakh
- Asian Paints Ltd: 1,231 shares worth Rs 35.29 lakh
- Alkyl Amines Chemicals Ltd: 373 shares worth Rs 7.39 lakh
- Bajaj Finance Ltd: 551 shares worth Rs 35.89 lakh
- Deepak Nitrite Ltd: 568 shares worth Rs 11.92 lakh
- Divi’s Laboratories Ltd: 567 shares worth Rs 19.7 lakh
- Dr Lal Pathlabs Ltd: 516 shares worth Rs 10.43 lakh
- Fine Organic Industries Ltd: 211 shares worth Rs 8.56 lakh
- Garware Technical Fibres Ltd: 508 shares worth Rs 16.43 lakh
- GMM Pfaudler Ltd: 508 shares worth Rs 16.43 lakh
- Hindustan Unilever Ltd: 1161 shares worth Rs 27.02 lakh
- ICICI Bank Ltd: 2,299 shares worth Rs 24.83 lakh
- Info Edge (India) Ltd: 85 shares worth Rs 4.45 lakh
- Infosys Ltd: 870 shares worth Rs 14.21 lakh
- ITC Ltd: 3,093 shares worth Rs 12.96 lakh
- LTI Mindtree Ltd: 407 shares worth Rs 21.14 lakh
- Mold-Tek Packaging Ltd: 1,953 shares worth Rs 14.95 lakh
- Nestle India Ltd: 1,370 shares worth Rs 35.67 lakh
- Pidilite Industries Ltd: 1,474 shares worth Rs 42.27 lakh
- Suprajit Engineering Ltd: 4,068 shares worth Rs 16.65 lakh
- Tata Consultancy Services Ltd: 234 shares worth Rs 9.87 lakh
- Titan Company Ltd: 897 shares worth Rs 32.59 lakh
- Tube Investments of India Ltd: 340 shares worth Rs 12.10 lakh
- Vertoz Advertising Ltd: 260 shares worth Rs 1.89 lakh
- Vinyl Chemicals (India) Ltd: 960 shares worth Rs 3.24 lakh
- Britannia Industries (5.5 NCD): 52 shares worth Rs 1,558
Mutual fund investments:
Gandhi’s mutual fund portfolio includes investments in various funds, highlighting his interest in both equity and debt instruments. He holds units in funds like HDFC MCOP DP GR, HDFC Small Cap DP GR, and ICICI EQ&DF F Growth. His investment in HDFC Small Cap Reg-G is particularly significant, with 1,08,222.684 units worth Rs 1.23 crore.
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- HDFC MCOP DP GR: 11,763.377 units worth Rs 19.58 lakh
- HDFC Small Cap DP GR: 13,911.606 units worth Rs 17.89 lakh
- ICICI EQ&DF F Growth: 5,253.773 units worth Rs 19.03 lakh
- PPFAS FCF D Growth: 26,851.471 units worth Rs 19.76 lakh
- HDFC Small Cap Reg-G: 1,08,222.684 worth Rs 1.23 crore
- HDFC Hybrid Debt Fund-G: 1,07,071.772 units worth Rs 79.01 lakh
- ICICI Prudential Reg Savings-G: 1,54,297.162 units worth Rs 1.02 crore
Sovereign Gold Bonds (SGBs):
Additionally, Gandhi holds Sovereign Gold Bonds (SGBs) worth Rs 15.21 lakh, acquired during the financial year 2020-21. This investment further diversifies his portfolio and reflects a long-term perspective on wealth preservation.
Overall, Rahul Gandhi’s financial disclosures offer a detailed view of his investment strategy and financial position, providing valuable insights into how he manages his wealth and allocates his assets.
His disclosed investment portfolio includes a diverse range of holdings, spanning stocks, mutual funds, and Sovereign Gold Bonds (SGBs). This diversified approach suggests a deliberate strategy aimed at spreading risk and maximizing returns. From well-known stocks such as ITC, TCS, and Divi’s Laboratories to various mutual funds covering both equity and debt instruments, Gandhi’s investments reflect a balanced and thoughtful approach to wealth management.
The inclusion of Sovereign Gold Bonds (SGBs) in his portfolio indicates an interest in alternative assets and a desire for wealth preservation. SGBs are often considered a safe haven investment, offering protection against inflation and currency devaluation. By incorporating them into his investment strategy, Gandhi demonstrates a long-term perspective on wealth accumulation and preservation.
In addition to providing insights into his investment choices, Gandhi’s financial disclosures also shed light on his overall financial standing. With an income exceeding Rs 6 crore over the past five years, Gandhi’s financial position appears strong, enabling him to pursue a diverse range of investment opportunities and effectively manage his assets.
Overall, Rahul Gandhi’s financial disclosures serve as a window into his investment strategy, financial health, and broader approach to wealth management. By showcasing a diversified portfolio, prudent risk management, and a long-term perspective, Gandhi’s disclosures offer valuable insights for investors and observers alike.