Other than being an achieved monetary advisor, Muthukrishnan Dhandapani is extremely energetic on X, the place his finance and political insights have earned him over 5.8 lakh followers.
After finishing his post-graduation, Muthukrishnan started his profession at a stockbroking agency linked to the Madras Inventory Alternate (MSE). Throughout his three-year stint there, he pursued an MBA in Finance from IFMR, Chennai, reported Morningstar India. Nevertheless, he misplaced his job when the agency shut down after the Nationwide Inventory Alternate (NSE) was established.
He later took up a data-entry position at a BPO, the place he continued constructing his understanding of investing and private finance. However the odd hours and fixed journey ultimately took a toll on his well being. Muthukrishnan Dhandapani stop quickly after and, in 2007, launched his mutual fund distribution enterprise after finishing his Licensed Monetary Planner (CFP) certification.
Why Muthukrishnan Dhandapani stopped taking in new purchasers
Regardless of steady success in his profession, Muthukrishnan stopped taking in new purchasers in 2017, a transfer he suggests might have price him the prospect to earn 10 occasions extra. In a publish on X, he revealed that the choice to onboard new purchasers price him changing into India’s largest particular person mutual fund distributor.
“After 2017, I believed sufficient and determined to retain solely current purchasers. Many well-to-do individuals persevered with me to take them as purchasers. I can positively earn 10 occasions extra…change into the most important particular person distributor within the nation. I stated no. I’ve first rate wealth and let it develop. That is ok,” the widely-followed AMFI-registered mutual fund distributor stated.
Earlier often called D. Muthukrishnan, he formally expanded his initials and adopted the identify Muthukrishnan Dhandapani in October 2025. “This idea of preliminary as a substitute of final identify is exclusive to this a part of the nation. With all the pieces getting digitalised and small mismatches in names changing into large points, I made a decision to observe the conference of first identify as my identify and final identify as that of my father,” he wrote in a publish on X.
Exit from ITC
The mutual fund distributor in Might 2024 stated that he determined to fully exit ITC and use the proceeds to extend his holdings in Bajaj Finance. Notably, ITC shares have declined 27%, and Bajaj Finance shares have jumped 37% since then.
Astral, Bajaj Finance, Havells, HDFC Life, Titan and United Spirits had been named as the businesses which had been a part of his portfolio again in Might 2024.
How Rahul Gandhi turned his shopper
In a publish on X, Muthukrishnan Dhandapani revealed that in 2013, a shopper working with Rahul Gandhi advisable him to the Congress chief for managing his mutual fund investments. Gandhi has remained his shopper ever since. By the way, Dhandapani has beforehand been a staunch BJP supporter and is overtly vocal about his political opinions on social media.
“We now have exchanged many mails and has spoken over cellphone lot of occasions. And as you might be conscious, I have been a powerful Modi supporter from 2014 to 2024. By no means as soon as Rahul or his workplace workers introduced that topic to me. I consider my tweets are recurrently seen by his workers. They clearly differentiate between my skilled service and political views,” he wrote in his publish on X, including that Gandhi has at all times addressed him with respect and by no means behaved in any haughty method.
He stated mainstream media and political IT cells could make anybody seem inhuman, emphasising that Gandhi respects professionals and has at all times been a pleasing individual to work together with.
Reacting to the publish, Rahul Gandhi wrote on X, “Muthu ji, your political opinions are your personal – however please do pace up the returns on my investments.”
Dhandapani replied that he’s “pleasantly stunned” with the opposition chief’s response.
(Disclaimer: Suggestions, recommendations, views and opinions given by the specialists are their very own. These don’t symbolize the views of The Financial Occasions)
