Mutual funds, shares favourite investment for judges
February 5th, 2010 - 10:26 pm ICT by IANS ( Leave a comment )New Delhi, Feb 5 (IANS) The assets the Delhi High Court judges declared Friday reveal that all of them have made a lot of investments in mutual funds and shares rather than in real estate.
Ranging from Chief Justice Ajit Prakash Shah to other 41 judges, all have invested their maximum money in the share market and mutual funds, equally divided between them and their spouses.
Some of the key mutual funds that are the judges’ favourites are UTI, J.P. Morgan, ICICI Prudential, Tata Infrastructure, Kotak, Reliance Diversified Power Sector, Fidelity, HDFC, SBI and Morgan Stanley, to name some.
Similarly, the judges have invested a lot in shares, with companies like Reliance Industries, Morgan Stanley, MRPL, ICICI amongst their favourites.
Apart from huge investments in shares and mutual funds, judges have also invested a huge amount in life insurance policies and many have provident fund accounts and other savings for them and their families.
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