Blog Highlights
- Early Life & Education
- Career and Early Investments
- Net Worth of Rakesh Jhunjhunwala
- Rakesh Jhunjhunwala Portfolio
- RakesPortfolio & Major Investments
- Investment Decisions & Philosophy
Rakesh Jhunjhunwala Portfolio: Investment Highlights from the Big Bull’s Picks
“Trading always keeps you on your feet, it keeps you alert. That’s one of the reasons why I like to trade”. – Rakesh Jhunjhunwala.
Fortunes are made and lost in the stock market, but legends are born, the names of those who resonate loudly in this dynamic realm.
With his astute investment decisions, he not only amassed immense wealth but also inspired generations of investors. Rakesh Jhunjhunwala stood tall as the ‘Big Bull of Dalal Street’. Though we have lost him, his learnings and legacy continue to shine brightly in the world of trading and investments.
Early Life & Education
Rakesh Jhunjhunwala was born in Mumbai, India on July 5, 1960. Growing up in a Marwari family, Jhunjhunwala had been influenced by the financial conversations of his father, who happened to be an income tax officer. He pursued his education at the Sydenham College of Commerce and Economics in Mumbai. He qualified as a Chartered Accountant in the year 1985.
His exposure to finance from a young age assisted in shaping his interest in the stock market.
Career and Early Investments
He founded Rare Enterprises, a privately owned stock trading firm named after the initials of Rakesh and his wife Rekha. The firm played a crucial role in the management of its investments, including high-value stocks like Titan Company, CRISIL, and Tata Motors. Jhunjhunwala’s investment philosophy was centered around the identification of undervalued stocks that have strong growth potential and often bet on the long-term growth of the Indian economy.
Net Worth of Rakesh Jhunjhunwala
By the time of his death in August 2022, Rakesh Jhunjhunwala’s net worth was approximately $5.8 billion or Rs 47,000 Crore. He was noted to be the 438th richest person globally, being a partner in his own asset management company, namely Rare Enterprises.
As of 2023, his portfolio remains active, managed by his firm and family, with notable holdings in sectors like healthcare, banking, and consumer goods. The value of his investments stood at approximately Rs 38,688 crore in mid-2023.
Jhunjhunwala’s net worth grew steadily over the years, making him one of India’s richest investors. His most notable investments included Titan Company, where he held a 5.4% stake valued at over Rs 14,000 Crore, and Star Health, valued at around Rs 6,500 crore.
Discover the net worth of other influential figures in India.
Rakesh Jhunjhunwala Portfolio
This man has been known to be one of the most successful investors in the country. He has a knack for picking stocks that outperform in the market. His portfolio has been deemed to be over Rs 31,883 Crore. The portfolio remains diversified across 23 sectors.
Rakesh is a value investor, as he has always been on the lookout for stocks that trade at a discount to their intrinsic value. He invests in stocks that have good track records and strong management teams.
| Sector | Investment Details |
|---|---|
| Jewellery | Jhunjhunwala has been bullish on the jewellery sector, with a 34% weightage in Titan Company Ltd, the largest jewellery retailer in India. Titan is a well-managed company with a strong brand presence. |
| Financials | His portfolio includes 4.64% weightage in banks, 3.44% in credit rating agencies, and 1.07% in financial services stocks. |
| Pharmaceuticals | Top stocks in this sector include Sun Pharmaceutical Industries Ltd, Dr Reddy’s Laboratories Ltd, and Lupin Ltd. He has a 10% weightage in the pharmaceuticals sector. |
| Consumer Durables | Investments include Whirlpool of India Ltd. and Bajaj Electricals, alongside Titan, reflecting a focus on durable goods benefiting from rising consumer spending. |
| Media | Considerable investments in Zee Entertainment, Star India, and TV18 Broadcast Ltd., likely influenced by the rapid growth of India’s media and entertainment industry. |
| Others | A broad category with investments in various sectors, including Agro Tech Foods, Jubilant Pharmova, and Crisil Ltd., allowing for portfolio diversification. This category represents approximately 37.6% weightage of his portfolio. |
His Portfolio & Major Investments in 2022
From promising tech firms to financial powerhouses, Rakesh Jhunjhunwala’s stock holdings demonstrate his decisions of astute investment.
Top Holdings in 2023
Jhunjhunwala’s portfolio comprised a mix of blue-chip stocks, mid-caps, and emerging companies. His top holdings (as of June 2023) included:
Rakesh Jhunjhunwala- Portfolio Listing 2023
1) Titan Company Ltd: Rs 15,032.4 Crore
Titan dominates the Indian Jewelry sector with the trusted brand Tanishq. Its brand value and extensive retail network have positioned it for continuous growth. Titan also excels in the watches and eyewear segments, adding stability through a diversified product range.
2) Star Health and Allied Insurance: Rs 5,491.6 Crore
Being a leader in standalone health insurance, it has tapped into the country’s growing awareness of healthcare coverage, leveraging a broad network of hospitals to give accessible healthcare solutions.
3) Concord Biotech Ltd: Rs 4638.7 Crore
It specializes in the development of biotech pharmaceuticals, focusing on oncology and immunology, which are high-growth healthcare segments.
4) Tata Motors Ltd: Rs 4196.6 Crore
It is one of India’s top automotive manufacturers, known for its robust presence in the commercial and passenger vehicle segments. The product range covers everything from luxury vehicles to entry-level cars.
5) Metro Brands Ltd: Rs 3082.8 Crore
It operates across various footwear categories, serving diverse demographics. It appeals to both price-sensitive and premium customers. It also has an expansive retail footprint.
6) NCC Ltd: Rs 2269.3 Crore
NCC Ltd specializes in infrastructure projects, including highways, irrigation, and urban development, benefiting from India’s focus on infrastructure investment and urbanization. The projects often involve public-private partnerships, making secure government contracts, or leveraging resources for large-scale developments.
7) Indian Hotels Company Ltd: Rs 1899.4 Crore
Operating under the iconic Taj brand, Indian Hotels is a leader in India’s luxury hotel segment, capitalizing on our nation’s growing tourism and business travel industries. It has expanded into the mid-market hotel space with brands like Ginger and Vivanta.
8) Crisil Ltd: Rs 1,561.70 Crore
Crisil gives important credit ratings and services of risk assessment, playing a role in India’s financial infrastructure and offering insights guiding lenders and investors. It has a strong international presence.
9) Fortis Healthcare Ltd: Rs 1823.3 Crore
As one of the largest healthcare providers in the country, it has a network of clinics and hospitals offering specialized medical services and high-quality care across different cities. It has been expanding its facilities and upgrading its technology, catering to the increased demand for premium healthcare in urban centers.
10) Canara Bank: Rs 1256.4 Crore
It is one of India’s largest public sector banks, offering a range of banking products from corporate banking to retail and driving financial inclusion in both rural and urban areas.
11) Jubilant Pharmova Ltd: Rs 1170.3 Crore
It manufactures generic drugs, and APIs, and engages in contract research, serving both international and domestic markets. The company’s offerings include healthcare solutions and clinical research services.
Investment Decisions & Philosophy
He was known for his long-term, bold investment approach, which often contrasted with the short-term focus of the market. His trading philosophy has combined short-term gains with long-term investments, utilizing technical analyses for trading as well as fundamental analysis for investing. The confidence in the Indian growth story remains steadfast, as evident from his preference for investing in companies reflecting the country’s economic potential.
Some of the Notable Investment Principles Include:-
- Discipline & Patience – He emphasized how successful investing required patience and the discipline to hold investments even through downturns.
- Focus on Fundamentals – He believed in understanding the company’s core business, management quality, and growth prospects before investing.
- Long-term Perspective – He stressed the importance of being invested for the long run, which led to compounding to work in favor of the investor.
Lessons to Take From His Journey
- Value Investing – Focus on identifying fundamentally strong companies that are undervalued.
- Diversification – Jhunjhunwala’s diversified portfolio reduced risk and captured growth across sectors.
- Risk Appetite – While he made risky bets, they were calculated and backed by research.
- Confidence in Local Markets – His unwavering faith in the Indian economy’s growth trajectory shaped his investment choices, showing the importance of believing in the underlying market.
Reasons Why Investing in Unlisted Shares is a Wise Decision
Unlisted companies operate in emerging sectors while being on the brim of rapid expansion. Early investment in these companies can yield substantial returns once they scale up. Including unlisted shares in a portfolio also allows diversification beyond traditional markets, mitigating risks and enhancing portfolio performance.
Unlisted investments give access to unique business ventures that are not available through public markets. In some cases, investing in these shares allows investors to have a significant influence on the company’s strategy and direction, allowing a chance to drive value creation actively.
Rakesh’s investment philosophy emphasizes not only impressive returns but also a forward-thinking approach to value creation and wealth management. This aligns with Altius Investech’s principles. If you’re interested in investing in unlisted shares, be sure to read our blogs for valuable insights and guidance.
- 5 Advantages of Buying Unlisted Shares in 2024
- Demystifying Unlisted Shares: How They Work
- Mitigating the Risks of Buying Unlisted Shares
- Income Tax on Capital Gains in Unlisted Shares
- Listed Vs. Unlisted Shares: Assessing Risk and Reward
- Top 5 Unlisted Shares You Should Consider Buying in India in 2024
Final Thoughts
Rakesh Jhunjhunwala’s investment journey exemplifies the value of patience, resilience, and a belief in India’s growth story. His legacy, embodied by a diverse and robust portfolio, serves as a beacon for investors, emphasizing the significance of long-term vision and confidence in the market. Through disciplined investing, calculated risks, and a deep understanding of fundamentals, Jhunjhunwala has set an enduring example for aspiring investors.
Discovering the right investment can be tough, but it doesn’t have to be. Just like Rakesh Jhunjhunwala diversifies for success, you too can explore diverse, expertly curated portfolios. With over 500 options backed by in-depth research, it’s never been easier to invest smartly.
Ready to start your investing journey? Dive into Altius Investech today and maximize your gains.
GET IN TOUCH WITH US
For any query/ personal assistance feel free to reach out at support@Altiusinvestech.com or call us at +91 8240614850.
Click here to connect with us on WhatsApp
For Direct Trading, Visit – https://altiusinvestech.com/companymain
FAQs
Ans:- Rakesh Jhunjhunwala was an Indian billionaire investor, stock trader, and business magnate, often referred to as the “Big Bull” of the Indian stock market.
Ans:- Rakesh Jhunjhunwala was born on July 5, 1960.
Ans:- Rakesh Jhunjhunwala passed away on August 14, 2022.
Ans:- His wife is Rekha Jhunjhunwala, who is also an investor and continues to manage their family’s portfolio.
Ans:- At the time of his passing, Rakesh Jhunjhunwala’s net worth was estimated at around $5.8 billion, making him one of India’s wealthiest individuals.
Ans:- His portfolio included prominent investments in companies like Titan, Tata Motors, Star Health, Crisil, and many others across various sectors.
Ans:- Titan Company Ltd., a major jewellery retailer, was one of his largest and most successful investments, holding significant weight in his portfolio.
Ans:- Yes, Rakesh and Rekha Jhunjhunwala have three children: two sons, Aryaman and Aryaveer, and a daughter, Nishtha.
Ans:- Jhunjhunwala believed in the long-term growth potential of the Indian economy and had a strategy of picking undervalued stocks with strong growth prospects and holding them for long durations.
Ans:- Apart from being an investor, he co-founded Akasa Air, a low-cost airline in India, shortly before his passing, as part of his vision to support affordable air travel.