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Money matters: Alia Bhatt swears by FDs, bonds; prefers land to gold

One of India’s highest-paid celebrities says she has no one qualms about living on a budget.

, ET Bureau|
Updated: Sep 20, 2019, 08.08 AM IST
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AFP
IIFA girl
Alia Bhatt says that her mother looks after her investments.
Alia Bhatt, one of India’s highest-paid celebrities, on how money plays a role in her life.

What would you count as your first investment?
I wouldn’t know that because it’s sort of done by my chartered accountant and my mum [Soni Razdan]. I just get alerts of it – “Oh, we’ve put it in this fund or that fund”. But I think the first time I invested properly was in a fashion startup (in 2017), which was an exciting opportunity. That was purely me.

Gold, land or stocks — in which order?
Land, stocks and then, I don’t know, gold? I’ve never invested in gold, really. My home [in Juhu, Mumbai] is the first property I bought. I bought it four years ago, but it took about two years to do up.

What are the investments that you have blind faith in — FD, PPF, bonds?
FDs and bonds. Mutual funds are good — so, I’ve been told (smiles).

When you started earning, you were a teenager [19 years old]. At what point did you start understanding investing?
I still don’t understand it, but over the years, I’ve become keen to learn more. I say, “I don’t know what’s happening, but fill me in a little.” My CA does that but it’s literally all handled by my mum. I don’t even get into it, but my mother lets me know what’s happening. I’m happy this way. As long as I’m a little aware. I like to know how much I made in a year or that we’re investing this much or putting this much in charity. That’s a conversation I can have on a broader basis, but I don’t want to get into it on a day-to-day basis.



What about health insurance?
I’m pursuing that — I want a global health insurance policy since I travel so much. It’s been on my mind. I’ve heard it’s expensive, but it’s clearly important.

Do you have a pension or retirement plan?

No. (Laughs) Who’s retiring?

Can you live within a budget?

I think I can. I don’t need to, because I really don’t spend that much. My CA comes and tells me often, “Why don’t you spend more?” He knows me well.

Do you keep accounts?
No. I did in the first few months that I started living alone. I used to take hisaab from my house manager every week. But I couldn’t keep up. I mean, I’m barely there at home. So my mum does it now.

Is there a song about money that you like?
I can’t remember… Maybe [ABBA’s] ‘Money, money, money, it’s so funny, in a rich man’s world’. It’s just a famous song.

Money can’t buy happiness, but it can…
Yeah it can’t buy happiness. But it can take you places. I don’t mean metaphorically, I mean physically. Travel is the best form of luxury. It makes you feel so small. The world is so much bigger. It opens up your perspective.

'Gully Boy', 'Udta Punjab' & 'Raazi': Everytime Alia Bhatt Set The Screen On Fire

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A Star Is Born

15 Mar, 2019
Actress Alia Bhatt is no stranger to filmdom. Being born to filmy parents - her father Mahesh Bhatt has produced and directed blockbusters in the '90s while her mother Soni Razdan has been a versatile actress - it was natural that she follow in their footsteps. Thus it was no surprise when at 19, she made a stunning debut in Karan Johar's 'Student Of The Year' in 2012. The film, a teeny-bopper romance, went on to become a runaway hit - and Alia Bhatt had arrived. Seven years and 12 movies after ruling the silver screen as the leading lady, she has made a mark for herself with her acting, vivaciousness and versatility. With 'Kalank' and 'Brahmastra' lined up for release later this year, there's hope among her fans that she will be able to strike gold, again, at the box-office. As she turns 26, we take a look at all the films where she made an impression.
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