It’s a cracker of a Diwali for top investors as their portfolios have shown remarkable growth over the past year. The portfolios of Akash Bhansali, Madhusudan Kela, and Mukul Mahavir Agarwal have risen by more than 50% since last Diwali, while those of Ashish Dhawan, Rekha Rakesh Jhunjhunwala, Anil Kumar Goel and Sunil Singhania have increased by 25-43% during the same period, outperforming the benchmark indices’ return of 23%.
In comparison, investments of Vijay Kedia and Ashish Kacholia grew by 18.5% and 11.9%, respectively. The value of Nemish Shah’s investments, however, declined by 28% compared to last Diwali, as he sold his entire holdings in Asahi India Glass. The combined value of investments by these 10 investors surged by 34.3%, from Rs 59,692 crore to Rs 80,161 crore.
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A highlight of these investors’ performance was that some individual investments resulted in gains exceeding 100%. For example, Akash Bhansali’s investment in Sudarshan Chemicals rose by 230%, from Rs 169 crore to Rs 560 crore. Similarly, Mukul Agarwal’s investments in BSE and Neuland Labs appreciated by 104% and 156%, respectively. Ashish Dhawan’s stake in Glenmark Pharma saw a 118% increase, from Rs 549 crore to Rs 1,197 crore. In Sunil Singhania’s portfolio, the value of IIFL Securities soared by 169%, from Rs 120 crore to Rs 324 crore.
Ashish Kacholia’s investment in Shaily Engineering Plastics tripled, growing from Rs 91 crore to Rs 266 crore over the past year.
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