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Rahul Gandhi's wealth: No car, no flat, 25 stocks, 7 mutual funds

Produced by: BT Desk

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No car, no flat

Congress leader Rahul Gandhi has assets worth ₹ 20 crore, but owns no vehicle or residential flat, according to his affidavit to file nomination for the Lok Sabha election in Kerala's Wayanad.

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The spread

Gandhi declared about ₹ 9.24 crore in movable assets. This includes ₹ 55,000 cash, ₹ 26.25 lakh in bank deposits, ₹ 4.33 crore in bonds and shares, ₹ 3.81 crore in mutual funds, ₹ 15.21 lakh in gold bonds and jewellery worth ₹ 4.20 lakh.

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Farm land, office space

He owns immoveable assets worth ₹ 11.15 crore. These include a farm land in Mehrauli, an office space in Gurugram, valued at over ₹ 9 crore.

Stocks 3

25 stocks, 7 MFs

His investments in 25 stocks and seven mutual funds accounted for 88 per cent of its total worth. The Rs 3.81 crore in investments in 7 mutual fund schemes are HDFC AMC, PPFAS and ICICI Prudential AMC

Saving

A mix of stocks, savings

He also owned 25 stocks worth Rs 4.33 crore. Gandhi's total investments including investments in postal savings, NSS, jewellery amounted to a total Rs 9.24 crore.

Pidilite favourite

Pidilite Industries was his biggest stock investment at Rs 42.27 lakh. He owned Rs 35-36 lakh worth shares each of Asian Paints, Bajaj Finance and Nestle India. Gandhi held Rs 32.58 lakh worth Titan Company shares, Rs 27.02 lakh worth Hindustan Unilever shares, Rs 24.83 lakh worth ICICI Bank  shares and over Rs 12 lakh worth shares of ITC.

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The stock split

Rahul Gandhi was also invested in midcap and smallcap stocks. He owned GMM Pfaudler shares worth Rs 14 lakh, Deepak Nitrite shares 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.

PPF

Gold bonds, PPF

Gandhi also held Rs 15.27 lakh in sovereign gold bonds, Rs 61.52 lakhs in PPF account, 333.30 grams of gold (net 168.80 grams) worth Rs 4.20 lakhs).