Business Standard

Where politicians invest: Mutual funds, RIL, and even Kingfisher Airlines

Rahul Gandhi has disclosed equity holding in Young Indian and investments in several mutual funds

Rahul Gandhi
Premium

Press Trust of India New Delhi
Fixed deposits and tax-free bonds seem to be among the most favoured financial investments for the political leaders fighting the Lok Sabha polls, while mutual funds and stocks also adorn the portfolios of many and some even have got shares of long-defunct firms like Kingfisher Airlines.

Shares of Mukesh Ambani-led Reliance Industries Ltd (RIL), the country’s most valued company with a market capitalistion of over Rs 8.82 trillion, can be found in the portfolios of several leaders, while stocks and mutual fund units of the firms from younger brother Anil Ambani-led Reliance Group are also a common sight, as per disclosures

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 29 2019 | 3:06 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com