Rakesh Jhunjhunwala Portfolio 2024: Wealth Creation Unveiled

Few names ring as loudly in the fast-paced world of finance as Rakesh Jhunjhunwala, popularly known as the “Big Bull” of Indian stock markets. It makes sense to examine the investment maestro’s portfolio in more detail as we approach 2024 to discern potential strategic decisions that could influence the market going forward.

Jhunjhunwala’s heart and kidney problems caused him to pass away on August 14, 2022. Over the past few years, he has not been keeping well. He was well-known in the investing community for his daring and witty demeanor, so his passing would leave a gap. Known as the Indian equivalent of a perpetual bull, he is a highly regarded and well-liked equity investor. Serving as a partner in the asset management company Rare Enterprises, he oversaw his equity portfolio. The initials of his wife’s name, Rekha Jhunjhunwala, and his own, Rakesh Jhunjhunwala, are combined to form the name of his asset management company.

Rakesh Jhunjhunwala Key Details in 2023

Full Name Rakesh Jhunjhunwala
Date of Birth July 5, 1960
Date of Death August 14, 2022
Age 62
Nationality Indian
Occupation Investor, trader, and chartered accountant
Net Worth USD 5.5 billion
Education Chartered Accountancy (1985)
Known as “Warren Buffett of India”
Investment Philosophy Long-term value investing
Holdings Major holdings in Titan Company, Crisil, Lupin, and several other companies
Philanthropy Active philanthropist, he supports education and healthcare initiatives through his foundation
Personal Life Married to Rekha Jhunjhunwala, has three children

Investment Strategy of Rakesh Jhunjhunwala Portfolio

  • Quality of Management: Jhunjhunwala is adamant that the caliber of the management team is the most important factor in investing. Let’s take his favorite stock, Titan Company Ltd. He invested in the company due to its attractive valuation, solid business model, and strong management.
  • Diversification: Jhunjhunwala’s investment portfolio includes investments in jewelry, pharmaceuticals, autos, and financial services, among other industries. Diversification permits substantial long-term returns while assisting in the reduction of overall risk.
  • Cash Reserves: Jhunjhunwala views cash on a balance sheet as an asset, much like Warren Buffett does. His interest in CRISIL Ltd. stems from his preference for businesses with sizable cash reserves.
  • Timing of Selling: Jhunjhunwala argues that although there might not be a precise time to buy stocks, there is a proper time to sell them. He states that it is best to sell when a stock’s price-to-earnings ratio (P/E ratio) hits an unsupportable level. He used this strategy to his advantage during the Harshad Mehta Scam in the 1990s, correctly determining that market valuations could not be sustained and taking a short position.

Rakesh Jhunjhunwala Portfolio List of Stocks 2024

Stocks Holding Value (RS.) SEP 2023 Holding %
Titan Company Ltd. 14,884.5 Cr 5.40%
Star Health and Allied Insurance Company Ltd. 5,921.8 Cr 17.30%
Tata Motors Ltd. 3.414.0 Cr 2%
Metro Brands Ltd. 3,095.1 Cr 9.60%
Crisil Ltd. 1,564.2 Cr 15.50%
Canara Bank 1,431.7 Cr 2.10%
NCC Ltd. 1,210.1 Cr 13.10%
Fortis Healthcare Ltd. 1,142.6 Cr 59%
Indian Hotels Company Ltd. 1,124.3 Cr 2.10%
Federal Bank Ltd. 1.014.7 Cr 3.10%
Tata Communications Ltd. 841.7 Cr 2%
Aptech Ltd. 690.2 Cr 43.70%
Escorts Kubota Ltd. 563.3 Cr 1.60%
Karur Vysya Bank Ltd. 542.4 Cr 4.60%
Nazara Technologies Ltd. 522.6 Cr 10.00%
Nazara Technologies Ltd. 522.6 Cr 10.00%
Jubilant Pharmova Ltd. 422.9 Cr 6.70%
Va Tech Wabag Ltd. 232.4 Cr 8.00%
Jubilant Ingrevia Ltd. 215.5 Cr 3.10%
D B Realty Ltd. 162.7 Cr 2.00%
Agro Tech Foods Ltd. 156.0 Cr 8.10%
Sun Pharma Advanced Research Company Ltd. 143.6 Cr 1.90%
Geojit Financial Services Ltd. 115.3 Cr 8.20%
Raghav Productivity Enhancers Ltd. 74.4 Cr 5.10%
Wockhardt Ltd. 65.6 Cr 2.00%
Singer India Ltd. 45.5 Cr 7.00%

Shankar Sharma

Learnings from Rakesh Jhunjhunwala Portfolio

  • Conduct In-Depth Research: Refrain from following trending tips. Before investing, do extensive research on companies. To make wise decisions, look into their management teams, finances, and market trends.
  • Risk-Taking: Jhunjhunwala has no problem taking chances. He puts money into startups and struggling businesses because he thinks they can proliferate and provide substantial returns.
  • Patience: He is aware that business expansion and rising stock prices take time. He’s prepared to hold off until the ideal time to invest.
  • Long-Term Perspective: Jhunjhunwala is a long-term investor who thinks that stocks should rise gradually and businesses should be given time to expand. Even in a volatile market, he’s prepared to hold stocks for years at a time.
  • Independent Thinking: Jhunjhunwala refuses to go with the flow. Even if they are not well-liked, he invests in businesses that he believes in. He stresses the value of doing your research and choosing your investments.

Rakesh Jhunjhunwala Portfolio – Interesting Facts

Rakesh Jhunjhunwala decided to sell his Crisil shares for Rs. 27 crores to buy a flat in Malabar Hill, Mumbai, in 2005.

The flat’s value stayed at a meager Rs. 65 crores, but if he had held onto his shares, they would have been worth an astounding Rs. 600 crores in 2015.

It is crucial to remember that hindsight is 20/20, and it would have been challenging for any investor to have predicted the future success of a company like CRISIL in 2005.

Apart from his prior investment choices, Rakesh Jhunjhunwala is renowned for his business endeavors. He recently expanded his list of prosperous business endeavors by co-founding the airline Akasa Air with CEO Vinay Dube.

Here is How Rakesh Jhunjunwala Started Investing

  • Transition to Active Investing: After completing his studies, Jhunjhunwala entered the stockbroking industry and progressively shifted his focus to more active investing techniques.
  • Milestone Investment: One of the turning points in his investment career came in 1986 when he bought 5,000 shares of Tata Tea for Rs. 43 a share. After a few years, this calculated hold-related decision paid off handsomely when the shares were sold.
  • Rise to Prominence: Jhunjhunwala has established himself as one of India’s most well-known investors over the years. His portfolio, which includes a variety of multi-bagger stocks that highlight his market knowledge, is a monument to his acumen.
  • Legacy of Learning: In addition to being a story of financial success, Jhunjhunwala’s journey from an inquisitive college student to a prominent figure in the stock market teaches us about the value of tenacity, painstaking research, and calculated long-term planning in the world of investing.
  • Early Fascination: Rakesh Jhunjhunwala first dabbled in the stock market during his college years in the 1980s, when he was studying to become a chartered accountant. While pursuing his studies, he developed an interest in small-scale investing due to his growing fascination with financial newspapers and stock market trends.
  • Investment Philosophy: Jhunjhunwala takes a straightforward yet insightful approach to investing. His approach is based on making investments in businesses that have strong fundamentals and a long-term outlook. His research and analysis are thorough, and his investment choices exhibit a well-rounded combination of patience and rigorous discipline.

FAQ of Rakesh Jhunjhunwala Portfolio 2024

Q1. What is the net worth of Rakesh Jhunjhunwala’s portfolio?

In 2023, Rakesh Jhunjhunwala’s net worth is estimated to be around 35000 crore rupees.

Q2. How much is Rakesh Jhunjhunwala’s Titan investment worth?

Currently, Rakesh Jhunjhunwala owns Titan stocks valued at approximately 14000 crore rupees. In terms of value, this is the biggest stock in his portfolio.

Q3. Rakesh Jhunjhunwala began investing in the stock market in what way?

In 1985, Rakesh Jhunjhunwala began his investment career. Tata Tea was his first significant source of profit. In three months, the price of Tata Tea increased from Rs 43 to Rs 143, more than tripling its profit on the purchase of 5,000 shares.

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