New Delhi

Financial advisors may promise clients anywhere between an 8 to 10 percent increase in their wealth per annum, but even the best of them would find it hard to compete with Indian legislators who manage to earn far more in five years.

A study by the Association for Democratic Reforms found that a member of parliament who was re-elected to his/her constituency in 2014 on an average saw their financial assets rise by Rs 7 crore over five years. This, incidentally, amounts to an average increase of 137 percent in financial assets, which means that on an average each MP multiplied their income by 27 percent per annum.

The study examined the assets of 165 members of Parliament who were elected in 2009 and 2014 and analysed their financial wealth as per their affidavits submitted to the Election Commission before the election.

The best investment specialist among MPs? AFP

The best investment specialist among MPs? AFP

The study also showed that among the MPs, those from smaller regional parties saw their average financial wealth multiply by much higher percentages than those from bigger national parties.

So some like Telangana Rashtra Samiti chief K Chandrashekhar Rao saw his wealth multiply from Rs 2 crore in 2009 to Rs 15 crore by 2014, a whopping 569 percent rise in wealth. Even Shibu Soren of the Jharkhand Mukti Morcha saw his wealth spike by 468 percent and rise from Rs 85 lakhs in 2009 to over Rs 4 crore in 2014.

These are the top 10 MPs who saw their financial assets by the highest amounts over the last five years and actor Shatrughan Sinha proved to be the most astute of them all:

And while most MPs saw their wealth grow over the last five years and can give financial advisors a run for their money, there are six Members of Parliament whose investment skills are perhaps more in line with the average Indian.

So MPs like Om Prakash Yadav of the BJP, KV Thomas and Ninong Ering of the Congress, BJD's Arjun Sethi, P Karunakaran of the CPM, and Congress-defector to BJP Jagdambika Pal saw their assets decline by varying amounts over the last five years. The BJP's Jagdambika Pal saw his assets decline by the largest amount, a whopping 64 percent from Rs 4 crore to Rs 1 crore.

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