INSUBCONTINENT EXCLUSIVE:
NEW DELHI: BJP President Amit Shah, who was a stock broker by profession before jumping into active politics, owns hundreds of listed and
unlisted stocks, key among them being RIL, TCS, Bajaj Auto, Colgate-Palmolive, Grasim, HUL, LT Finance and UltraTech Cement, among others
His affidavit, filed with the Election Commission of India (ECI) as part of his nomination papers for the Gandhinagar Lok Sabha seat, shows
Amit Anil Chandra Shah held listed shares worth Rs 17.56 crore as of March 22, 2019.
Unlike his opponent though, Rahul Gandhi, president of
the Congress Party, has equity exposure mainly through mutual funds
His affidavit for the Wayanad constituency shows his investments are in mutual funds only instead of directly holding stocks.
Shah also has
exposure to Rs 3.08 lakh worth of unlisted shares
His wife holds listed shares worth Rs 4.35 crore and unlisted shares worth Rs 1.58 lakh
Overall his net worth stands at Rs 30.49 crore while his wife Sonalben Shah has assets worth Rs 8.35 crore
Shah has a widely diversified stock portfolio comprising mostly midcap stocks, though he also has substantial exposure to largecap plays
like SBI, TCS, RIL, Tata Motors, Nestle, LT, Maruti, Hindalco, ITC, HUL and many others
portfolio does not include any shares of the Adani Group companies
He owns just over Rs 1 lakh worth of shares in Reliance Communications, Reliance Capital, Reliance Home Finance and Reliance Infrastructure,
companies owned by Anil Ambani.
Rahul Gandhi has investments worth Rs 5.19 crore in 10 mutual fund schemes.
Among other movable assets,
Gandhi has Rs 40,000 in cash, Rs 17.93 lakh in bank savings, Rs 39.89 lakh investments in financial instruments and Rs 2.91 lakh worth of
jewellery, taking the total worth of his movable assets to Rs 5.80 crore
His immovable assets are worth Rs 10.08 crore and liabilities amounted to Rs 72.1 lakh
