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Companies from every sector are listed in the stock market. Investors invest in companies of different sectors according to their knowledge and interest. For example, some people find it right to invest money in IT sector while some people find it right to invest in pharma sector.
Similarly, some people invest money in real estate sector companies. Let us know in this news today in which sector the President of India has invested the most money. Along with this, they will also know how many companies’ holdings they have. Apart from this, we will also tell what is the net worth of the President of India.
How much stake in which sector?
According to data given on Moneycontrol, the President of India has holdings of 77 companies in his portfolio. The maximum holding in this is in the banking public sector. This is 16 percent. Miscellaneous sector is at second number. That means holding in many types of small sectors. It contains 6 percent. Power sector is at number three. The holding in this sector is 6 percent of the total holding. Fertilizer sector is at number four. There is a holding of 5 percent in this sector.
After this there is Mining and Minerals, Oil Drilling and Exploration, Trading, Infrastructure-General. The President has 4-4 percent holding in these sectors. There is a holding of 3-3 per cent in sectors like Metal- Non-Ferrous (those metals which do not contain iron or contain only nominal iron), Engineering-Heavy, Iron and Steel, Refineries, Finance- Term Lending Institutions.
Whereas, Finance-Investment, Construction and Contracting- Real Estate, Shipping, Telecommunication- Equipment, Chemicals, Telecommunication Services, Finance-NBFC, Aluminium, Hospitals and Medical Services, Banks-Private Sector, Transport and Logistics, Steel- Sponge Iron, Auto. -Tractors, Steel Large, Hotels, Aerospace & Defence, Power Generation and The President has one percent holding each in sectors like distribution, diversified, telecommunication services, defense and shipbuilding.
how much is the net worth
Talking about the net worth of the portfolio of the President of India, it is Rs 43 lakh 87 thousand 489 crore. However, let us make one thing clear here that this holding and net worth is of the post of President. That means the person holding the post of President does not invest any money in it. This holdings and net worth have nothing to do with whosoever holds the post of President. This money is completely government money. In simple language you can call it Institutional Investor. The portfolio of the President of India is the largest institutional investors in the country.
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