For a seasoned politician like Shashi Tharoor, with global appeal and extensive experience in politics, sitting in the opposition while occasionally voicing support for the government can be a delicate balancing act. Yet he kept the country above all politics to be a star spokesperson for India’s Operation Sindoor against Pakistan. The Congress MP from Thiruvananthapuram is currently heading one of the seven Indian delegations sent overseas to promote the country’s stance against terrorism following Operation Sindoor.
After the Operation Sindoor on May 7, he was seen highlighting Pakistan’s deceptive actions while presenting India’s response as a calculated and proportionate step to address cross-border terrorism. After India and Pakistan agreed to a ceasefire at Islamabad’s request, the Modi government decided to form seven delegations to present India’s position on terrorism to the world. Shashi Tharoor was the government’s main choice to lead one of these delegations to the United States, alongside other leaders from various political parties. How wisely has Shashi Tharoor invested in mutual funds? What is the approximate assets of Tharoor?
Assets Of Tharoor
Shashi Tharoor declared assets worth more than Rs 55 crore in his 2024 election affidavit, while in 2014 he had declared assets of Rs 23 crore. The amount has surged past double. In 2019, it was Rs 35 crore.
In the affidavit submitted along with his nomination papers, the Thiruvananthapuram MP declared movable assets worth over ₹49 crore. This includes significant investments in bonds, debentures, mutual funds, and other securities. He maintains deposits in 19 bank accounts and owns 534 grams of gold valued at approximately ₹32 lakh, along with ₹36,000 in cash. Tharoor reported an income of ₹4.32 crore for the financial year 2022–23.
His immovable assets are valued at over ₹6.75 crore. This includes 10.47 acres of self-acquired land in Thiruvananthapuram worth ₹6.20 crore and land in Palakkad valued at ₹1.56 lakh, which includes a one-fourth share of inherited agricultural property. His residential property in the capital is estimated to be worth around ₹52 lakh. Tharoor also owns two vehicles- a Maruti Ciaz and a Maruti XLX.
About The Mutual Fund Investments
Shashi Tharoor declared a total mutual fund investment of ₹1.72 crore during the 2024 general elections, reflecting a diversified and substantial portfolio. As of March 31, 2024, he held investments in approximately 23 different mutual fund schemes, indicating a broad spread across various funds to manage risk and optimise returns.
Shashi Tharoor had investments in around 23 mutual funds as of March 31, 2024. He had invested in five schemes of Franklin Templeton Mutual Fund. He has holdings in various schemes of Franklin Templeton Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Axis Mutual Fund, Mirae Asset Mutual Fund, SBI Mutual Fund, UTI Mutual Fund, Edelweiss Mutual Fund, Kotak Mutual Fund, and Quant Mutual Fund. Tharoor holds five schemes under Franklin Templeton Mutual Fund.
He has invested in the Franklin India Feeder – Franklin US Opportunities Fund with a total market value of Rs 3.72 lakh as of March 31, 2024. He has invested in India ELSS Tax Saver Fund. Tharoor also has investments in HDFC Mutual Fund. Tharoor’s international investments include the Edelweiss MSCI India Domestic & World Health Care 45 Index Fund and the Edelweiss US Technology Equity Fund of Funds.
