Rakesh Jhunjhunwala Portfolio of Stocks in 2024, Rekha Jhunhunwala Portfolio, Net Worth and Personal Details

This post was most recently updated on June 6th, 2024

Rakesh Jhunjhunwala, also known as the “Warren Buffett of India,” is a well-known investor and trader in the Indian stock market. He is known for his astute investment decisions and has a large following among investors and traders alike. In this article, we will take a closer look at Rakesh Jhunjhunwala portfolio and the stocks he has invested in.

Rakesh Jhunjhunwala passed away on August 14, 2022, because of heart and kidney issues. He has not been keeping well for the past few years. His death would create a void in the investor community as he was well-known for his witty and bold attitude.

Considered a Perma-bull of India, he is one of the most popular and respected equity investors. He managed his own equity portfolio as a partner in the asset management firm Rare Enterprises.

The name of his asset management firm is derived from the first two initials of his name Rakesh Jhunjhunwala and his wife’s name Rekha Jhunjhunwala.

Consider reading: Radhakishan Damani Stocks Portfolio

Rakesh Jhunjhunwala Portfolio List of Stocks in 2023

The above table shows Rakesh Jhunjuhnwala portfolio as of recent exchange fillings.

Key takeaways:

• Biggest Holding in terms of value- Titan company Ltd.

• Biggest holding % shareholding – Aptech Ltd

Let’s have a look at Rakesh JhunJhunwala’s wife Rekha Jhunjuhnwala’s portfolio.

Rakesh Jhunjhunwala Key Details in 2023

Rekha Jhunjhunwala Portfolio in 2023

If you look at the above stocks, you will find a lot of similarities to Rakesh Jhunjhunwala Portfolio. This is primarily because Rakesh was managing his wife’s portfolio on his own. He would famously say ‘I only have one client to manage and that is my wife!’

Consider reading: Dolly Khanna Stocks Portfolio

Rakesh Jhunjhunwala Portfolio – Interesting Facts

In 2005, Rakesh Jhunjhunwala made the decision to sell his Crisil shares for Rs. 27 crores to purchase a flat in Mumbai’s Malabar Hill.

However, had he held onto his shares, they would have been worth a staggering Rs. 600 crores in 2015, while the value of the flat remained at a modest Rs. 65 crores.

It is important to note that hindsight is 20/20, and predicting the future success of a company like CRISIL in 2005 would have been difficult for any investor.

In addition to his past investment decisions, Rakesh Jhunjhunwala is also known for his entrepreneurial ventures. He recently co-founded the airline Akasa Air with CEO Vinay Dube, adding to his portfolio of successful business ventures.

Consider reading: Porinju Veliyath Stocks Portfolio

Here is How Rakesh Jhunjunwala Started Investing

Early Fascination: Rakesh Jhunjhunwala’s tryst with the stock market began in his college days in the 1980s, a time when he was pursuing his chartered accountancy degree. Amidst academic pursuits, his fascination with financial newspapers and stock market trends grew, leading him to dabble in small-scale investments.

Transition to Active Investing: Post his academic endeavors, Jhunjhunwala ventured into the world of stockbroking, gradually shifting gears to more active investment strategies.

Milestone Investment: A pivotal moment in his investment journey was in 1986, marked by the acquisition of 5,000 shares of Tata Tea at Rs. 43 per share. This decision, characterized by a strategic hold, culminated in substantial profits upon selling the shares after a few years.

Investment Philosophy: Jhunjhunwala’s approach to investing is both simple and profound. His strategy hinges on investing in companies with robust fundamentals, coupled with a long-term vision. He is meticulous in research and analysis, and his investment decisions showcase a blend of patience and disciplined rigor.

Rise to Prominence: Over the decades, Jhunjhunwala has etched his name as one of India’s most renowned investors. His portfolio is a testament to his acumen, featuring an array of multi-bagger stocks that underscore his market expertise.

Legacy of Learning: Jhunjhunwala’s journey from a curious college student to a stock market luminary is not just a tale of financial success but a lesson in the power of perseverance, meticulous research, and strategic long-term planning in the realm of investing.

Rakesh Jhunjhunwala Portfolio has taken some hit in the March 2020 stock market crash but it’s worth noting that Rakesh Jhunjhunwala has taken this crash as an opportunity to invest!

Consider reading – What happened in the 2008 stock market crash?

Rakesh Jhunjhunwala Philanthropy

As per reports, Rakesh Jhunjhunwala’s philanthropic portfolio includes nutrition and education. By the year 2020, Jhunjhunwala plans to give away 25 percent of his wealth to charity.

He contributes to St Jude, which runs shelters for cancer-affected children, Agastya International Foundation, and Arpan, an entity that helps create awareness among children on sexual exploitation.

He also supports Ashoka University, Friends of Tribals Society, and the Olympic Gold Quest. He is in the process of building an eye hospital in Navi Mumbai, which will perform 15,000 eye surgeries free of cost.

Rakesh Jhunjhunwala Family Details

Rakesh Jhunjhunwala’s wife’s name is Rekha Jhunjhunwala. They have one daughter and twins sons.

Rakesh Jhunjhunwala’s daughter’s name is Nishtha Jhunjhunwala.

Rakesh Jhunjhunwala’s twin son’s name is – Aryaman Jhunjhunwala and Aryavir Jhunjhunwala.

Rakesh Jhunjhunwala Famous Quotes

I have learned two things about the press and wives. When they say something – don’t react.

Markets are like women — always commanding, mysterious, unpredictable, and volatile.

Anticipate trends and benefit from it. Traders should go against human nature.

Successful investors are opportunistic and optimistic ones.

Respect the market. Have an open mind.

Know what to take, Know when to take a loss. Be responsible.

Emotional investment is a sure way to make a loss in stock markets.

If in doubt, listen to your heart.

Whatever you can do or dream you can begin it. Boldness has genius, power, and magic in it.

Aspire, but never envy.

Be paranoid of success — never take it for granted.

Realize success can be temporary and transient.

Build a fighting spirit — take the bad with the good.

Have some cash in hand so that you can grab the opportunity when it occurs.

Blindly following stock picks by big investors is not a wise thing to do.

Give your investments time to mature. Be Patient for the World to discover your gems.

Never get carried away by aberrations, recognize and respect them but do remember that the market corrects its aberration though it takes time.

Never in my life have I not made an investment because the stock is not popular. In fact, I like to make the investment when the stock is not popular.

Like wives, markets are always right. With wives, you can argue but with markets, you can’t.

You know, trading always keeps you on your feet, it keeps you alert. That’s one of the reasons why I like to trade.

The first thing I’ve learnt is that markets work. They are the best mechanism to build societies.

Closing Thoughts on Rakesh Jhunjhunwala Portfolio

Rakesh Jhunjhunwala was a legendary investor, he started his investment career as a trader and turned it big with early success in stocks like Tata Tea. He was the poster boy of the Indian stock market for a long time and was known for his ever-bullish view of the Indian stock market.

It is really unfortunate to see his untimely demise. He has left an aspirational behind who looks up to him as the god of investing Indian stock market. Rakesh Jhunjhunwala Portfolio is referred to many times as the model portfolio for investments. to draw inspiration.

I hope you found this blog post useful and informative.

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