Rakesh Jhunjhunwala, India's biggest individual investor achieved 62 % gains in the latest bull run since mid 2013.His Portfolio value crossed Rs.11,700 crores this October. Jhunjhunwala is the 51st richest indian now, as per Forbes list.As a value investor, he picks fundamentally strong companies with cash reserves and stick into it.That is why,his initial investment of Rs.6000 in 1985 multiplied towards a magical wealth.
Rakesh Jhunjhunwala, known as India's warren buffet is an avid follower of quality companies.He invest in consistent business model with corporate governance and return on investment.He avoid speculation and stay invested in the portfolio of stocks for long duration. He does not bother about short term fluctuations.Rakesh Jhunjhunwala expect the Indian economy is in a transition to grow fast and meet the large demand in the country.He believe in scalability of a business and select the potential winners of the future.
Jhunjhunwala's Equity Portfolio is a trend setter always.He has not changed the major holdings.His top 5 stocks are Titan,Lupin,Crisil,Rallis India and Delta Corp.He still maintain investments in Aptech,Geometric, Nagarjuna constructions, praj industries etc. He stay optimist about his earlier investments such as Pipavav defence,First source, Kesoram industries,TV 18, Prime focus and Geojith.His recent purchases include Orient cement,First source, DHFL,Radico Khaitan,Prakash industries, MCX,Edelweiss, Full life etc
Rakesh Jhunjhunwala foresee this market rally as the mother of all bull run in India.He is a strong believer of india's business growth potential.He expect tremendous earnings growth in quality companies with unique products.Rakesh is a philanthropist and doing charity from his dividends.His foundation announced to donate of Rs.5000 Cr for charity by 2020.