Fri Oct 25 00:16:32 UTC 2024: **Summary of the Article:**
– **Priyanka Gandhi’s Political Entry**: Priyanka Gandhi is entering electoral politics for the first time through the Wayanad Lok Sabha constituency, with Congress and UDF anticipating a strong majority for her.
– **Asset Declaration**: In her recent affidavit, Priyanka declared total assets of ₹12 crore, which includes ₹52,000 in cash, ₹3.67 crore in bank deposits, ₹1.16 crore in gold, ₹29.6 lakh in silver, and ₹7.7 crore in real estate. Notably, she has no investments in stocks but has ₹2.24 crore in the Franklin India Flexi Cap Fund.
– **Franklin India Flexi Cap Fund Details**: This mutual fund, managed by Templeton, has a total asset value of ₹18,252 crore and has experienced a 41% return over the past year but a negative 5.34% return in the last month.
– **Rahul Gandhi’s Mutual Fund Investments**: Rahul Gandhi disclosed mutual fund investments worth ₹3.81 crore, with significant amounts in HDFC small-cap and other funds showing considerable growth.
– **Robert Vadra’s Investments**: Priyanka’s husband, Robert Vadra, has no gold or mutual fund investments but holds approximately ₹99.9 lakh in stocks, with specific investments in various companies including Infosys and Tata Power.
– **Investment Disclaimer**: The article concludes with a disclaimer indicating that the content is not financial advice and emphasizes the risks associated with stock market investments, encouraging readers to conduct personal research or seek expert advice before investing.
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