What is the Name of the Mutual Fund in Which Priyanka Gandhi Vadra Has Invested Rs. 2.25 Crore

Priyanka Gandhi Vadra is a renowned name that needs no introduction. She comes from the well-known Nehru-Gandhi family and is a prominent political face in India. She was brought into the headlines because of the financial investment she made in one mutual fund. At the same time, others prefer to diversify their investment portfolio and seek to park their funds at various investment options.

As part of the mandatory affidavit submission for election candidates, Congress General Secretary Priyanka Gandhi Vadra disclosed assets totaling Rs 88 crore, including those of her husband, businessman Robert Vadra, while filing her nomination for the Wayanad Lok Sabha by-poll.                                                                                                                                       

Net-worth of Priyanka Gandhi Vadra

In her nomination affidavit, Priyanka Gandhi disclosed personal assets amounting to nearly Rs 12 crore, which include a 12,000 sq. ft. farmhouse in Shimla valued at Rs 5.64 crore and a Honda CRV worth Rs 8 lakh. A significant portion of her financial portfolio is allocated to mutual funds, with Rs 2.24 crore invested in 13,200 units of the Franklin India Flexi Cap Fund as of September 30. Thus, Priyanka Gandhi has invested Rs 2.25 crore in the Franklin India Flexi Cap Fund. Additionally, her jewelry is valued at Rs 1.16 crore, and she co-owns agricultural land in Mehrauli with her brother, Rahul Gandhi, worth Rs 2.10 crore. Her income from the last fiscal year, primarily from interest and rental sources, was over Rs 46.39 lakh.

Does Rahul Gandhi invest in Mutual Funds too?

Yes, Rahul Gandhi invests in mutual funds, and earlier this year, he disclosed assets as part of the election process, revealing Rs 3.81 crore invested across seven funds. His largest holding was Rs 1.23 crore in the HDFC Small Cap regular (growth) fund, which saw a 51.85% rise in its NAV over the past year. He also has Rs 1.02 crore in the ICICI Prudential Regular Savings Fund and Rs 79 lakh in the HDFC Hybrid Debt Fund (G).

Why invest in Mutual Funds?

• Popular Investment Choice: Mutual funds are a widely favored investment option among diverse investors, including high-profile individuals and public figures, due to their versatility and promising return potential.
• Pooling of Investor Funds: These funds gather capital from multiple investors, creating a collective pool that allows even small investors to access a wide range of assets.
• Diversified Portfolio: The pooled capital is invested in a mix of assets such as stocks, bonds, and other securities, enabling investors to benefit from diversification, which spreads risk across different investment types.
• Professional Management: Managed by skilled fund managers, mutual funds provide expertise that individual investors may lack, offering a structured approach to investing.
• Balanced Risk and Reward: By blending various asset classes, mutual funds aim to deliver an optimal balance between risk and potential return, making them a relatively secure investment with growth opportunities.

What’s the name of the Mutual Fund in which Priyanka Gandhi invested her 2.25 Crore?

So the name of the Mutual Fund that has managed to gain such an important investment from Priyanka Gandhi Vadra is Franklin India Flexi Cap Fund. This fund is basically a diversified Equity Scheme that empowers investments across large-cap, mid-cap, and small-cap companies. This flexibility is a significant characteristic of the fund, allowing the fund manager to adjust asset allocation dynamically according to market conditions and investment opportunities. By investing across various market capitalizations, the fund seeks to achieve long-term capital growth while managing risk effectively.

Performance of Franklin India Flexi Cap Fund in India

The Franklin India Flexi Cap Fund has performed well overall, providing solid returns over different periods and being a reliable option for investors looking for long-term growth in a diversified portfolio. In the last five years, the fund has achieved a compound annual growth rate (CAGR) of about 23.43%, outperforming many similar funds in the flexi-cap category.

The fund invests in various sectors, such as regional banks, software, communication services, and construction, focusing on high-growth opportunities. Key investments include HDFC Bank, Infosys, and Bharti Airtel, which give it a balanced exposure to different parts of the market. Over the past year, the fund’s returns were around 39%, placing it ahead of many comparable funds, even though it has experienced some recent fluctuations.

With an expense ratio of 1.71% and a 1% exit load for redemptions within a year, the Franklin India Flexi Cap Fund is suitable for investors who can commit for the mid to long-term. It has a moderate risk profile, offering a mix of growth potential and stability, with a Sharpe ratio of 1.1, which shows a good risk-adjusted return.

	Franklin India Flexi Cap Fund – Growth	Equity: Flexi Cap	NIFTY 500 TRI
CAGR since inception	18.37 %	19.2 %	12.71 %
1 Year	39.23 %	37.04 %	35.45 %
3 Year	17.2 %	14.92 %	14.81 %
5 Year	23.17 %	19.51 %	20.2 %
10 Year	15.4 %	14.7 %	14.52 %
Nav / Index Value as on 25-10-2024	1770.50	NA	NA

Why Priyanka Gandhi Vadra has chosen the Franklin India Flexi Cap Fund to Invest in?

Priyanka Gandhi Vadara chose to invest in the Franklin India Flexi Cap Fund, due to the following factors:

1. Impressive Track Record – The Franklin India Flexi Cap Fund has shown steady and competitive returns throughout the years. It achieved a compound annual growth rate (CAGR) of about 23.43% over the last five years and a one-year return of roughly 39%, surpassing many of its competitors in the flexi-cap category. This solid performance likely boosts her confidence in its future growth potential.

2. Portfolio Diversification -The Franklin India Flexi fund maintains a broad portfolio that spans different sectors, such as banking, software, and communication services. This diversification reduces risk and offers access to various growth opportunities, making it an attractive option for investors seeking both stability and growth.

3. Managed by Experts – Managed by Franklin Templeton, the fund enjoys professional supervision, which can be especially advantageous for investors like Priyanka who prefer to depend on expert guidance for their investment choices. The fund managers’ experience and strategic methods can improve the likelihood of achieving returns.

4. Flexible Investment Strategy – Being a flexi-cap fund, it offers significant flexibility in asset allocation, enabling investments in large-cap, mid-cap, and small-cap stocks based on market conditions. This adaptability helps the fund remain resilient during market fluctuations and can enhance potential returns.

Final Thoughts

Priyanka Gandhi Vadra’s ₹2.25 crore investment in Franklin India Flexi Cap Fund highlights the importance of making informed financial decisions. Her selection of a single mutual fund indicates confidence in its future potential and also illustrates a growing trend among public figures who favor financial instruments with professional management and diversified risk. For individuals contemplating mutual funds as an investment option, conducting research on the fund’s historical performance, future outlook, and management team can result in smart and profitable choices.

Source – msn.com, advisorkhoj