Prime Minister Narendra Modi’s assets have grown to Rs 3.02 crore, primarily invested in fixed deposits and gold rings, as per his 2024 affidavit. While his approach aligns with traditional fixed-income preferences, financial experts caution against relying solely on fixed deposits due to low returns compared to inflation and missed growth opportunities in equity. Dhirendra Kumar of Value Research emphasizes the importance of diversification, advising even those favoring fixed-income options to consider equity-based investments. With India’s growing economy, optimizing investment choices within fixed income, such as fixed-income mutual funds, can enhance real, post-tax gains.
Prime Minister Modi’s Financial Affidavit Reveals Investment Strategy
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