At a time when Cash Crunch situation is literally rocking Telugu industry people, rumours are doing rounds that Megastar Chiranjeevi has invested nearly 500 crores in Mutual Funds. Is this safe?
No, we are not talking about the IT raids stuff, because all this White money only. Chiranjeevi is heard melting out his fixed assets like properties and agricultural lands that are brought with his hard earned money in Tollywood, and now investing the same in Mutual Funds. But investments in stock exchanges are subjected to heavy market risks. Why Chiru made such a move?
Maybe Chiranjeevi is expecting that markets may get soaring to new raise after the demonetisation row gets settled.