Investments made by Rahul Gandhi in mutual funds: According to data, his largest investment was in HDFC Small Cap Regular (growth), which has a market value of Rs 1.23 crore. ICICI Prudential Regular Savings Fund, on the other hand, has a market value of Rs 1.02 crore.
Leader of the Indian National Congress (INC), Rahul Gandhi, has investments totaling Rs 3.18 crore in seven mutual fund schemes, some of which are small and midcap, according to an affidavit posted on the Election Commission of India’s website on Thursday.
His largest investment was in HDFC Small Cap Regular (growth), which has a market value of Rs 1.23 crore. It was followed by ICICI Prudential Regular Savings Fund, which has a market value of Rs 1.02 crore. According to data, the NAV of the HDFC Small Cap regular (growth) scheme increased by 51.85% during the previous 12 months. As of the end of February, the top holdings of the HDFC Small Cap regular fund included Sonata Software (5.28 percent of assets), Firstsource Solutions (4.09 percent), Bank of Baroda (3.98 percent), eClerx Services (3.11 percent), and Aster DM Healthcare (2.91 percent).
The previous year saw a 15% return from the ICICI Prudential Regular Savings Fund. Some of the scheme’s top holdings are ICICI Bank (2.03 percent), Bharti Airtel (1.36 percent), Maruti Suzuki India (1.35 percent), Sun Pharmaceutical (1.35 percent), and ICICI Lombard General Insurance (1.21%).
Gandhi has also invested in the Rs 79 lakh market value HDFC Hybrid Debt Fund (G). In addition, he has assets in the Parag Parikh Flexi Cap Fund (Direct Plan), ICICI Prudential Equity & Debt Fund Growth, and HDFC Mid-Cap Opportunities Fund -Direct Plan totaling more than Rs 19 lakh apiece. In addition, he has investments of Rs 17 lakh in the HDFC Smallcap direct plan (growth).
The HDFC Hybrid Debt Fund earned a return of 17.21% within a year. The NAV of the HDFC Mid-Cap Opportunities Fund increased by 60.7% throughout the specified time. Among the top holdings are Federal Bank Ltd., Max Financial Services Ltd., Apollo Tyres Ltd., Indian Hotels Company Ltd., and Tata Communications Ltd.
The Parag Parikh Flexi Cap Fund yielded a 42% return over the previous year. The top five holdings of this fund are HDFC Bank, Bajaj Holdings, Power Grid, Maruti Suzuki India, and HCL Technologies. In the meantime, over the past year, ICICI Prudential Equity & Debt Fund Growth has yielded a return of 40.66 percent. Its principal holdings are Reliance Industries Ltd., Bharti Airtel, NTPC, ICICI Bank, and Maruti Suzuki India.
Eighty-seven percent of Gandhi’s liquid assets were invested in seven mutual fund schemes and twenty-five stocks (direct investments). Gandhi also possessed land and other immovable assets valued at Rs 11.15 crore. His total assets were valued at Rs 20.40 crore.
Rahul Gandhi’s asset portfolio, according to Sonam Srivastava, Founder and Fund Manager at Wright Research, showed a diversification approach, with a sizeable amount of his movable assets invested in stocks and mutual funds.
His assets cover a wide range of industries and market capitalizations, demonstrating a well-rounded approach to wealth management. Although he does not give precise information regarding the performance of his investments, the fact that he included both larger and smaller businesses suggests that he is open to taking advantage of possibilities in various market niches. Overall, the analyst stated that Gandhi’s asset portfolio shows a cautious approach to investing, seeking to maximize returns while skillfully limiting risks.
Rahul Gandhi has the highest exposure to Pidilite Industries among his individual stock bets, at Rs 42.27 lakh. He held shares in Asian Paints Ltd., Bajaj Finance Ltd., and Nestle India Ltd. valued at approximately Rs 35–36 lakh apiece. Gandhi possessed shares of Titan Company valued at Rs 32.58 lakh, Hindustan Unilever Ltd. valued at Rs 27.02 lakh, ICICI Bank valued at Rs 24.83 lakh, and ITC valued at over Rs 12 lakh. Rahul Gandhi possessed shares in GMM Pfaudler valued Rs. 14 lakh, Deepak Nitrite worth Rs. 11.92 lakh, Tube Investments of India worth Rs. 12.10 lakh, Fine Organics worth Rs. 8.56 lakh, and Info Edge worth Rs. 4.45 lakh in the midcap and smallcap categories.