BJP MP Tejasvi Surya's assets jump 30-fold in 5 years: Report

BJP MP Tejasvi Surya

It seems the past five years have provided great returns for Bharatiya Janata Party (BJP) member Tejasvi Surya’s stock and mutual funds' portfolio. The Bengaluru South MP’s assets jumped from Rs 13.46 lakh in 2019 to Rs 4.10 crore in 2024, a 30-fold jump, according to the election affidavit filed by the first-time MP and reported by The Indian Express.

According to the report, the Bharatiya Janata Yuva Morcha president’s main sources of income were company stocks and mutual funds. The market value of his investments in stocks are Rs 1.79 crore and that of his mutual funds portfolio is Rs 1.99 crore. The MF portfolio has 26 various funds, including Kotak Small Cap Fund, Canara Robeco Multi Cap Fund, HDFC Multi Cap Fund, ICICI Prudential Small Cap Fund, among others.

Some of the stocks the BJP MP has invested in are BSE Limited, Eveready Industries India, Indus Towers, Strides Pharma, among others.

The BJP leader also has three pending cases against him, two of which are in Bengaluru and one in New Delhi for storming Delhi chief minister Arvind Kejriwal’s residence.

Surya is also facing allegations of forcing college students to join his nomination rally. Congress leader Soumya Reddy, who is set to fight against the BJP MP, has asked the Election Commission to intervene and act on the allegations.

The Congress leader shared screenshots of a tweet that showed complaints made by students against the institution’s principal for pressuring students to attend the rally.

Karnataka will see voting for its 28 Lok Sabha seats in two phases – April 26 and May 7. Bengaluru will vote in the first phase.