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Thursday, January 20, 2022

Jitin Prasad is not only the owner of crores but also a great investor, shares worth Rs 2.88 crore are included in the portfolio

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According to the ADR report, Jitin Prasad has also invested in LIC and other policies, the value of which is stated to be Rs 1.88 lakh. At the same time, its total sum assured is of 300000 lakhs.

Jitin Prasad (File Photo)

Congress leader and former Union Minister Jitin Prasada has left the Congress and joined BJP. He joined the party in the presence of Jitin Prasada Railway Minister Piyush Goyal and BJP MP Anil Baluni. Jitin Prasad is known for his better strategy but very few people would know that his financial planning is also excellent. This is reflected in the affidavit filed by him during the Lok Sabha elections 2019. In fact, it has been told in this affidavit that how is the equity portfolio of Jitin Prasada.

According to the election affidavit filled for the Lok Sabha elections 2019, Jitin Prasad has a total assets of 12,18,01,005 crores. On the other hand, if we talk about the liability, it has been shown as ‘Nil’ i.e. zero in the affidavit.

2.88 crore investment in shares

According to the affidavit given on the ADR, Jitin Prasad has more than 1.57 lakh shares in more than 9 companies. The value of these investments has been given in the affidavit at Rs 2,88,51,264 crore. Companies in which Jitin has invested include R Systems, Dish TV, IDFC Bank, Jaiprakash Associates, L&T Finance, Indian Bank etc.

There is also investment in LIC

According to the ADR report, Jitin Prasad has also invested in LIC and other policies, the value of which is stated to be Rs 1.88 lakh. At the same time, its total sum assured is of 300000 lakhs. Apart from this, Jitin Prasad also has gold, jewelery and other investments, whose value is said to be around Rs 83 lakh. On the other hand, talking about the vehicles, according to the affidavits filled, Jitin Prasad has a Maruti Ertiga, whose value has been given at Rs 5.50 lakh.

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Bhagyashree Soni
Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.
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