Rakesh Jhunjhunwala is often called the "Warren Buffett of India". He was one of India's most successful stock market investors. Born on July 5, 1960, his interest in stocks grew from listening to his father, who was an Income Tax Officer. Despite his father not giving him money to invest, Jhunjhunwala pursued his passion after completing his Chartered Accountant (CA) qualification in 1985.

His first success came when he bought Tata Tea shares for Rs. 43 per share. Later, he sold them for Rs. 143 each. He eventually became well-known for his investments and co-managed his portfolio through Rare Enterprises, an AMC.

Notably, he earned great respect in the financial world, with media outlets like The Economic Times referring to him as “The Pied Piper of Indian Bourses”. Unfortunately, he passed away on August 14, 2022.

In this article, let’s see the latest Rakesh Jhunjhunwala portfolio and his life story. Also, we will cover certain key learnings from his remarkable career.

• Rakesh Jhunjhunwala’s portfolio (as of June 2024) comprises major stocks like Aptech Ltd., Concord Biotech Ltd., Star Health, and NCC Ltd.
• He valued detailed analysis and research and preferred investing in undervalued companies with strong fundamentals.
• Jhunjhunwala advised investors to remain patient through market ups and downs.
• He also recommended diversifying investments across sectors to spread risk.

Rakesh Jhunjhunwala started investing in the stock market during the early 1980s with only a small amount of money. He used to religiously study market trends and company performance, which helped him become a successful and respected investor. Between 1986 and 1989, he made significant investments in big companies like Tata Power.

Notably, Jhunjhunwala also invested in Sesa Goa (now Vedanta Ltd.) and bought 4,00,000 shares when the company was struggling due to falling iron ore prices. This was another smart move, as the company later recovered.

Another major investment was in Praj Industries Ltd. He bought the stock when the market index was at 5,500 points and sold it when it was at 12,000. This made him a profit of about 250% on his investment.

Rakesh Jhunjhunwala’s portfolio includes a total of 29 stocks. Below is a list of the top 10 stocks ranked from highest to lowest holding.

Rakesh Jhunjhunwala believed that making mistakes and learning from them is important. It is the only way to master the stock market. He also advocated that long-term success requires focusing on a stock’s performance over time. Investors should refrain from reacting to short-term declines or poor quarterly results. For a greater understanding, let’s check out some of his key learnings:

Maintain a long-term perspective

Rakesh Jhunjhunwala stressed that investing with a long-term view is important. Instead of reacting to daily market ups and downs, investors must focus on the growth potential of investments. In this way, investors can benefit from the growth of fundamentally strong stocks.

Perform analysis and research

Jhunjhunwala always performed thorough research before investing. He sought out companies that were “undervalued” but had strong fundamentals. This selection was usually made after carefully analysing financial data and market conditions.

Be patient

Jhunjhunwala used to remain highly patient while investing. He advised not to make hasty decisions based on short-term market fluctuations. In his opinion, a disciplined approach and holding onto investments through market ups and downs was key to achieving long-term success.

Believe in yourself

Jhunjhunwala encouraged investors to trust their own research rather than following popular trends. He used to day believing in your analysis and sticking to your investment strategy, even when others are sceptical, can lead to better results.

Diversification

To spread risk, Jhunjhunwala always favoured making investments across various sectors and companies. This is even visible in Rakesh Jhunjhunwala’s portfolio. Through such diversification, investors can reduce the impact of poor performance in any single stock or sector on the overall portfolio.

Be ready For volatility

Jhunjhunwala recognised that market volatility is inevitable. He advised investors to remain calm and not panic during market corrections. He stated that fluctuations are a normal part of investing and help in making rational decisions.