₹91 crore, showed the nomination papers she filed with the Election Commission of India (ECI) on Tuesday. The 37-year-old actor has ₹2 lakh in cash and shares amounting to ₹1.22 crore in her companies Manikaran Films and Manikarnika Space LLP. ALSO READ | Kangana Ranaut, BJP's LS candidate after filing nomination Other assets include 50 insurance policies issued by Life Insurance Corporation (LIC), gold weighing 6.7 kg amounting to ₹5 crore, silver weighing 60 kg amounting to ₹50 lakh and diamonds amounting to ₹3 crore.
Each of her 50 life insurance policies has a surrender value ranging between ₹one to ₹11 lakh. Investment advisors MintGenie spoke to believe that Ranaut should diversify her assets into equity and mutual funds to earn higher returns on investment. Around 87 percent of her assets are in physical assets, so she is asset rich and cash flow poor, believes Sridharan Sundaram, a Sebi-registered investment advisor and founder of Wealth Ladder Direct. ALSO READ | Kangana Ranaut's election assets disclosure shows 50 LIC policies, and netizens begin meme party “She should have at least 30-40 percent in financial assets.
If there is a crisis, she can’t sell part of her property. She should expose to equity in Indian markets given her age and the Indian growth story -- – this is the only recommendation. As far as too many LIC policies are concerned, I am not sure if the maturity value of those policies will provide adequate liquidity considering her lifestyle," he adds.
Preeti Zende, Sebi-registered investment advisor and founder of Apna Dhan Financial Services, says, “Kangana should diversify her assets in equity and mutual funds for better return and liquidity. She holds 50 LIC Policies. All these policies may be
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