Workflow
SIPs
icon
搜索文档
Security vs Growth: CA Nitin Kaushik shares PM Modi's assets to highlight the trap most Indians blindly follow while investing
The Economic Times· 2025-09-23 09:08
As of March 31, 2025, PM Modi declared assets totaling ₹3.43 crore, with the majority — ₹3.26 crore — held in a fixed deposit with the State Bank of India (SBI). The remainder includes ₹9.74 lakh in National Savings Certificates and post office deposits, ₹3.1 lakh in gold rings, and no investments in equities, mutual funds, bonds, or real estate.What did the CA say?Why did he make the comparison?"PM’s choice shows a mindset: security over growth. But if India’s citizens follow this blindly, wealth stagnate ...