Congress leader Rahul Gandhi, who turned 56 on Friday, 19 June, has declared total assets worth ₹20.4 crore in his affidavit submitted to the Election Commission of India ahead of the 2024 Lok Sabha elections. The disclosure, based on his financial holdings as of 15 March 2024, covers equity investments, mutual funds, sovereign gold bonds, provident fund savings, and immovable property.

Movable Assets: Equities, Funds and Savings

Gandhi's total movable assets were valued at ₹9.25 crore. His direct equity portfolio spans 24 listed companies, collectively valued at approximately ₹4.33 crore. The largest single holding is in Pidilite Industries at ₹42.27 lakh, followed by Bajaj Finance at ₹35.89 lakh, Nestle India at ₹35.67 lakh, Asian Paints at ₹35.30 lakh, and Titan Company at ₹32.59 lakh.

Other holdings include shares in Hindustan Unilever, ICICI Bank, Infosys, ITC, Tata Consultancy Services, LTIMindtree, Divi's Laboratories, Deepak Nitrite, GMM Pfaudler, Garware Technical Fibres, Alkyl Amines Chemicals, Fine Organic Industries, Suprajit Engineering, Mold-Tek Packaging, Tube Investments of India, Dr Lal PathLabs, Info Edge, Vinyl Chemicals, and Vertoz Advertising. The affidavit also records 1,900 equity shares in Young Indian — the company linked to the National Herald publication — valued at ₹1.90 lakh.

Gandhi's mutual fund investments across seven schemes stood at roughly ₹3.81 crore. The largest allocation was in an HDFC small-cap fund at ₹1.24 crore, followed by an ICICI Prudential Regular Savings Fund at approximately ₹1 crore and an HDFC Hybrid Debt Fund at ₹79.01 lakh. Combined, his listed shares, mutual funds, and sovereign gold bonds totalled around ₹8.32 crore.

The affidavit further lists 220 units of Sovereign Gold Bonds from the 2020-21 series, valued at ₹15.21 lakh. His Public Provident Fund balance with State Bank of India (SBI) stood at ₹61.52 lakh, while bank deposits across SBI and HDFC Bank accounts amounted to ₹26.25 lakh. Cash in hand was declared at ₹55,000. Gandhi declared jewellery and gold totalling 333.30 grams — including 168.80 grams of net gold valued at ₹4.20 lakh. Notably, no motor vehicle is listed in his name.

Immovable Assets: Office Space and Inherited Land

Gandhi's immovable assets were valued at ₹11.15 crore. The single largest component is commercial office space at Signature Towers in Gurugram, valued at ₹9.05 crore, with a declared purchase cost of ₹7.93 crore for two office units. He also declared an inherited share in agricultural land and a farmhouse building at Sultanpur in Mehrauli, New Delhi, jointly held with his sister Priyanka Gandhi Vadra, valued at ₹2.10 crore. No residential apartment is listed in his name.

A Steady Rise Over Two Decades

Gandhi's declared wealth has grown consistently across successive election cycles. His assets stood at ₹55.38 lakh in 2004, rising to ₹2.33 crore in 2009, ₹9.40 crore in 2014, and ₹15.89 crore in 2019. The ₹20.40 crore declared in 2024 represents an increase of approximately 28 per cent over his 2019 affidavit — the slowest rate of growth across his five election cycles, according to the data.

What the Affidavit Reveals

The disclosure is part of the mandatory financial declaration all candidates must file with the Election Commission. As Leader of the Opposition in the Lok Sabha, Gandhi's affidavit draws particular public interest. The data shows a portfolio weighted toward blue-chip equities and diversified mutual funds — a conservative, market-linked wealth profile that has compounded steadily over two decades.