Rakesh Jhunjhunwala, Mohnish Pabrai to Dolly Khanna, top 10 ace investors who stamped their presence on Indian stock markets
When an investor, known as a game-changer in equities, makes a statement, people listen with rapt attention. Why? Because making money in stock markets is a fraught exercise. It carries immense risk and depends mostly on the kind of research undertaken, hunches and instincts that come from years of experience. And even then, all aspects, are not covered as some escape scrutiny, no matter how in-depth the study is. In fact, in many ways, equities are driven not by forecast based on solid data, but by sentiments, global and national events that no one can account for. In short, invest at your own risk and let the stock market do the talking.
Equity king, the Oracle of Omaha Warren Buffett, has made 2 stark quotes that can enrapture the investor and should form the foundation on which he or she should build their investing edifices. First one goes like this, "It is far better to buy a wonderful company at a fair price, than a fair company at a wonderful price." The second one goes like this, "The stock market is a device for transferring money from impatient to the patient." These two statements can mean the difference between riches and losses for investors. So, thoroughly research the company and the management of a company, check the national and global linkages and once the purchase is made, stick with them. Do not react in knee-jerk manner.
We bring to you here, names of the top 10 investors in India who have acquired iconic status due to their success in reading the tsock markets and accumulating riches thereof. Whether they made their crores by listening to Buffett's words of wisdom or beat out a theory all their own, the thing to focus on is that they are the epitome of success. Let’s find out who these top 10 investors are who made it big on markets, as per TrendLyne.com data.
1. Rakesh Jhunjhunwala
Rakesh Jhunjhunwala (born 5 July 1960) is an investor and trader and manages his own asset firm Rare Enterprises. A qualified Chartered Accountant, he invests in both his own name and his wife's, Rekha Jhunjhunwala. Jhunjhunwala has been described as India's Warren Buffett, and his investments are closely tracked by the media. He tends to favor stocks in the finance, tech, retail and pharma sectors.
As per the latest corporate shareholdings filed, Rakesh Jhunjhunwala holds 44 stocks with a net worth of over Rs. 11,855.2 Cr.
2. Mohnish Pabrai
3. Rekha Jhunjhunwala
Rekha Jhunjhunwala maintains a low profile, but Rakesh often talks about her in interviews to TV channels. She is the joint owner of the couple's privately owned stock trading firm, Rare Enterprises. Interestingly, the name of the firm combines the first two letters of her husband Rakesh's name (Ra) and hers (Re). The couple got married in 1987, and has three children.
As per the latest corporate shareholdings filed, Rekha Jhunjhunwala holds 10 stocks with a net worth of over Rs. 2,067.7 Crore.
4. Nemish S Shah
Nemish Shah, the co-founder and director of Enam Holdings, is an investor who likes to stay in the background. His portfolio is interestingly diverse, and he is not averse to taking some risks. In his listed company investments he tends to favor brick and mortar companies over new-age businesses in tech and finance. Recent investments have been in auto parts and industrial machinery firms. (Representational pic: Pixabay)
As per the latest corporate shareholdings filed, Nemish S Shah holds 13 stocks with a net worth of over Rs. 1,046.5 Crore.
5. Akash Bhanshali
Akash Bhanshali is an well known investor in the world of markets. He is also owner of Enam Holdings Pvt. Ltd. Bhanshali holds a Master’s degree in Commerce and is a qualified Chartered Accountant.
As per the latest corporate shareholdings filed, Akash Bhanshali holds 19 stocks with a net worth of over Rs. 765.9 Crore.
6. Ashish Kacholia
Ashish Kacholia is known for his preference to remain absent from the media cycle and avoids interviews. Kacholia has investments in over twenty stocks, and has a varied portfolio that includes hospitality, education, infra and manufacturing stocks.
Fondly called the ‘Big Whale’ by media, Kacholia started out with Prime Securities and later joined Edelweiss before incorporating his own broking firm, Lucky Securities in 1995. He co-founded Hungama Digital with Rakesh Jhunjhunwala in 1999 and started building his own portfolio from 2003.
As per the latest corporate shareholdings filed, Ashish Kacholia holds 24 stocks with a net worth of over Rs. 740.8 Crore.
7. Anil Kumar Goel
Anil Kumar Goel is about 65 years old, and is from Amritsar in Punjab. Anil has a family business of steel trading. He entered the the family business when he was only 16 years old and learnt the nuances of how businesses prosper.
As per the latest corporate shareholdings filed, Anil Kumar Goel holds 36 stocks with a net worth of over Rs. 730.2 Cr.
8. Satpal Khattar
9. Dilipkumar Lakhi
10. Dolly Khanna
Dolly Khanna is a Chennai based large investor, who is known for lesser-known picks that tend to go on to overperform the stock markets. She has been investing in the stock markets since 1996. Her portfolio is managed by her husband Rajiv Khanna. Dolly Khanna's portfolio typically leans towards more traditional stocks in manufacturing, textile, chemicals and sugar stocks.
As per the latest corporate shareholdings filed, Dolly Khanna holds 14 stocks with a net worth of over Rs. 469.9 Cr.