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Personal Finance

PM Modi vs Rahul Gandhi: Who wins on financial planning?

Updated : May 06, 2019 02:52 PM IST

While Modi’s portfolio does not have a single mutual fund scheme, Gandhi’s portfolio has a sizeable investment in mutual funds. Nearly 70 percent of his portfolio is invested in equity mutual funds (MF), including a small holding through directly-held shares of a single company.
Equities have outperformed all other asset classes over the long run. Over five-year time periods, spread across the past 10 years, actively-managed equity funds have returned close to 15 percent returns in the past, according to Value Research figures.
Modi seems to have chosen the National Saving Certificate while Gandhi seems to have chosen a mix of NSC and Public Provident Fund (PPF).
PM Modi vs Rahul Gandhi: Who wins on financial planning?
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