santrupt misra: Odisha’s richest Lok Sabha election candidate owns 59 mutual fund schemes

Santrupt Misra, a Biju Janata Dal (BJD) candidate and former HR head of Aditya Birla Group filed his nomination papers from the Cuttack Lok Sabha Seat for the 2024 Lok Sabha elections. His affidavit shows that Mistra has investments in 59 mutual fund schemes.

The former HR head of Aditya Birla Group has investments in six mutual fund schemes of Aditya Birla Sun Life Mutual Fund. The total value of investments in Aditya Birla Sun Life Arbitrage Fund and Aditya Birla Sun Life Banking and PSU Debt Fund was recorded at Rs 4.30 crore and Rs 7.78 crore, respectively as of March 2024. The value of investment in Aditya Birla Sun Life Corporate Bond was Rs 4.84 crore in the same time period.

Also Read | 27 equity mutual funds deliver over 15% return in five years

He has also invested in the flexi cap and focused funds of the fund house. The total value of investment in Aditya Birla Sun Life Flexi Cap Fund and Aditya Birla Sun Life Focused Fund were recorded at Rs 8.45 crore and Rs 3.54 crore, respectively. The total value of investment in the liquid fund by Aditya Birla Sun Life Mutual Fund was recorded at Rs 2.02 crore as on March 31, 2024.

The total value of investments in Axis Banking & PSU Debt Fund and Axis Focused 25 Fund were Rs 11.29 crore and Rs 2.56 crore, respectively.

He had investments in Bandhan Banking & PSU Debt Fund and Bandhan Bond Fund – Medium Term Plan which had market value of Rs 11.16 crore and Rs 1.96 crore, respectively as of March 2024.Also Read | Aditya Birla’s ex-HR head Santrupt Misra is the richest candidate from Odisha with Rs 461 croreHe made investments in Franklin India Focused Equity Fund at two different times of Rs 1.58 crore and Rs 69.35 lakh. The value of these investments were Rs 4.03 crore and Rs 1.74 crore, respectively.

He has also invested in six schemes from HDFC Mutual Fund. The total value of HDFC Corporate Bond Fund investment is Rs 12.69 crore. The two debt funds from the fund house where Misra has investments are HDFC Medium Term Fund and HDFC Short Term Debt Fund. The value of investments in these two funds stood at at Rs 2.06 crore and Rs 56.56 lakh, respectively. HDFC Small Cap Fund and HDFC Top 100 Fund had total investment value of Rs 3.69 crore and Rs 2.62 crore, respectively.

Also Read | Smriti Irani’s Rs 88 lakh mutual fund portfolio has these 7 schemes

Santrupt Misra had investments in ICICI Prudential Banking & PSU Debt Fund and ICICI Prudential Corporate Bond Fund worth Rs 15.54 crore and Rs 12.44 crore, respectively as of March 2024. The total value of investments in ICICI Prudential Short-Term Fund was Rs 2.10 crore.

The candidate also had investments in SBI Bluechip which had a total value of Rs 3.74 crore. The total value of investments in Kotak Emerging Equity Fund, the second largest scheme in the midcap category based on assets managed, was recorded at Rs 4.74 crore as of March 31, 2024.

The value of investments in Mirae Asset NYSE FANG + ETF was Rs 11.96 crore as on March 31, 2024. He had also made investments in Bharat Bond ETF which had different maturity.

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Todays Chronic is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – todayschronic.com. The content will be deleted within 24 hours.

Leave a Comment