Congress leader Rahul Gandhi has disclosed his exposure to the Indian equity market in a recent affidavit he filed ahead of the Lok Sabha election. He owns 25 stocks worth Rs 4.33 crore and 7 mutual funds worth Rs 3.81 crore total combined together worth over Rs 8 crore. The total valuation, stocks, and mutual funds combined, worth Rs 8.14 crore is until March 15, 2024.
In 2019, it appeared that Rahul Gandhi adopted a relatively conservative approach to his investments. He possessed mutual funds valued at Rs 5.19 crore, yet did not engage in direct stock market investments.
In contrast, during the 2014 general elections, his mutual fund holdings were valued at less than Rs 1 crore, with a net asset value of Rs 81.28 lakh. Similar to 2019, he did not have any direct investments in the stock market at that time either.
In the forthcoming general elections, Rahul Gandhi currently holds the position of Member of Parliament for Kerala’s Wayanad constituency. He has formally submitted his nomination for the same Lok Sabha seat in the upcoming 2024 general elections.
Additionally, according to the affidavit, Gandhi has diversified his investment portfolio significantly, encompassing stocks from various sectors such as consumer staples, information technology, healthcare, industrials, and financials. However, the majority of his investments are in blue-chip companies, with almost half, or 11 stocks, being part of the benchmark Nifty50 index.
Rahul Gandhi’s stock exposure is more towards large-cap stocks of the Indian equity market. Below are the stocks in Rahul Gandhi’s portfolio, categorized by their market capitalization into large, small, and mid-cap segments.
Large-cap stocks held by Rahul Gandhi
| Stock | Qty Market Valuation(Rs) |
| Asian Paints Ltd | 1231 35,29,954 |
| Bajaj Finance Ltd | 551 35,89,407 |
| Divi’s Laboratories Ltd | 567 19,76,222 |
| Hindustan Unilever Ltd | 1161 27,02,460 |
| ICICI Bank Ltd | 2299 24,83,725 |
| Info Edge (India) Ltd | 85 4,45,502 |
| Infosys Ltd | 870 14,21,580 |
| ITC Ltd | 3093 12,96,276 |
| LTIMindtree Ltd | 407 21,14,100 |
| Nestle India Ltd | 1370 35,67,001 |
| Pidilite Industries Ltd | 1474 42,27,432 |
| Tata Consultancy Services Ltd | 234 9,87,305 |
| Titan Company Ltd | 897 32,58,980 |
| Tube Investments of India Ltd | 340 12,10,621 |
| Britannia Industries Ltd(NCD) | 52 1,558 |
Small-cap Stocks held by Rahul Gandhi
| Stock | Qty Market Valuation(Rs) |
| Alkyl Amines Chemicals Ltd | 373 7,39,211 |
| Fine Organic Industries Ltd | 211 8,56,301 |
| Garware Technical Fibres Ltd | 508 16,43,075 |
| GMM Pfaudler Ltd | 1121 14,00,073 |
| Mold-Tek Packaging Ltd | 1953 14,95,510 |
| Suprajit EngineeringLtd | 4068 16,65,439 |
| Vertoz Advertising | 260 1,89,085 |
| Vinyl Chemicals (I) Ltd | 960 3,24,240 |
Mid-cap Stocks held by Rahul Gandhi
| Stock | Qty Market Valuation(Rs) |
| Deepak Nitrite Ltd | 568 11,92,033 |
| Dr Lal Pathlabs Ltd | 516 10,43,429 |
Mutual Funds:
| Mutual Fund Holdings Market value(Rs) |
| HDFC Small Cap DP GR 17.89 Lakhs |
| ICICI EQ&DF Growth 19.03 Lakhs |
| HDFC MCOP DP GR 19.58 Lakhs |
| HDFC Hybrid Debt Fund 79.01Lakhs |
| HDFC Small-cap Reg-G 1.23 Cr |
| PPFAS FCF D Growth 19.76 Lakhs |
| ICICI Prudential Savings-G 1.02 Cr |
Written by Omkar Chitnis
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