Priyanka Gandhi Invests Rs 2.24 Cr In Franklin India Flexi Cap

Mumbai: Senior Congress leader Priyanka Gandhi Vadra, who is making her poll debut, has large investments in mutual fund (MF) schemes and holds 13,200 units of Franklin India Flexi Cap Fund, valued at around Rs 2.24 crore, as per her election affidavit submitted for the Lok Sabha by-election in Kerala’s Wayanad.

As per the fact sheet of Franklin India Flexi Cap Fund dated September 30, her portfolio includes stocks like ACC Ltd (a subsidiary of Ambuja Cements), HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Bharat Electronics, Hindustan Aeronautics, Tata Motors, Mahindra & Mahindra, Kalyan Jewellers, Tech Mahindra, and HCL Technologies.

According to the website of Franklin India, the fund has invested 24.79 per cent of its total capital in banking, 10.92 per cent in IT, 6.51 per cent in telecom services, 4.78 per cent in cement and cement products, 4.48 per cent in construction, 4.3 per cent in automobile, 4.21 per cent in petroleum products, 4.01 per cent in consumer durables, and the rest is invested in other sectors.

The Congress candidate from Wayanad has also invested in other mutual fund schemes.