Rs 600 crore fortune! How Vijay parked his wealth in few stocks and bank deposits before Tamil Nadu's breakout

Synopsis

Actor-politician Vijay drew attention after TVK’s strong election performance, revealing over Rs 600 crore in assets. His conservative portfolio favours bank deposits and fixed income, with minimal equity exposure, highlighting a liquidity-focused financial strategy amid rising political influence.

As actor-turned-politician Vijay stunned Tamil Nadu by taking his party to the edge of power, another part of his election affidavit is drawing attention in financial circles. This is as to how one of India's most followed film stars managed a personal fortune of more than Rs 600 crore, with a mix of bank deposits, fixed income instruments and selective stock market exposure.

Vijay's Tamilaga Vettri Kazhagam, better known as TVK, emerged as the breakout force in the 2026 Tamil Nadu Assembly elections, winning 108 seats in the 234-member House and breaking the decades-old dominance of the DMK-AIADMK axis. The ruling DMK finished with 59 seats, while AIADMK secured 47, according to Election Commission data.

The scale of the performance has triggered intense scrutiny of Vijay’s political strategy, campaign spending and personal finances. His nomination papers offer a rare look into how the “Thalapathy” of Tamil cinema has handled wealth long before stepping into politics.

According to his affidavit, Vijay has declared total assets of over Rs 600 crore, with liabilities of more than Rs 7 crore. What stands out is that the bulk of his liquid wealth is not sitting in flashy equity portfolios or startup bets, but in traditional banking instruments.

His disclosures show more than Rs 330 crore held in bank deposits, savings accounts and fixed deposits across multiple lenders, including Indian Overseas Bank, Axis Bank, HDFC Bank and State Bank of India.

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Among the largest holdings is over Rs 213 crore in a savings account with Indian Overseas Bank’s Saligramam branch. He has also parked Rs 25 crore in fixed deposits with the same bank.

Additional fixed deposits include Rs 40 crore with Axis Bank, Rs 20 crore with HDFC Bank and Rs 15 crore with SBI, suggesting a strong preference for capital preservation and liquidity over aggressive market exposure.

For someone with celebrity status and substantial earnings from films, endorsements and production ventures, the portfolio looks unusually conservative.

His direct exposure to equities and company shares is relatively small in comparison. The affidavit shows shareholdings worth about Rs 19.37 lakh across a handful of companies, including Jaya Naga Property B Ltd, shares of Indian Overseas Bank, and Sun Paper Mill.

That is less than 0.1% of his declared assets, a tiny allocation by market standards. Unlike several celebrity entrepreneurs who have moved aggressively into listed equities, venture capital or unlisted startups, Vijay appears to have prioritised liquidity, fixed income and low-volatility instruments while building his political base.

Tamil Nadu contributes nearly 9% of India’s GDP and is home to large manufacturing clusters in automobiles, electronics, defence and textiles. With TVK now emerging as the state’s biggest political disruptor in decades, investors are watching not just Vijay’s policy signals, but also the financial discipline.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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