Rakesh Jhunjhunwala Birth Anniversary: How the Big Bull's portfolio looks like almost a year after his demise

Rakesh Jhunjhunwala invested in several companies across sectors under his name and his wife's name Rekha Jhunjhunwala. He also invested through his privately-owned investment advisory and asset management firm Rare Enterprises. After his death, Rekha Jhunjhunwala inherited the portfolio.

Livemint, Edited By Nishant Kumar
Published5 Jul 2023, 12:13 PM IST
Rakesh Jhunjhunwala would have turned 63 today. Photographer: Santosh Verma/Bloomberg News
Rakesh Jhunjhunwala would have turned 63 today. Photographer: Santosh Verma/Bloomberg News(Bloomberg)

Almost after a year of his demise, the legacy of Rakesh Jhunjhunwala, popularly known as India's Warren Buffett and 'Big Bull', lives.

Rakesh Jhunjhunwala would have turned 63 today. He was born on July 5, 1960, and at the age of 62, he left the world last year on August 14.

Jhunjhunwala invested in several companies across sectors under his name and his wife's name Rekha Jhunjhunwala. He also invested through his privately-owned investment advisory and asset management firm Rare Enterprises. After his death, Rekha Jhunjhunwala inherited the portfolio.

In the last one year, Jhunjhunwala's portfolio has grown significantly. The net worth of his portfolio stood at 25,397.54 crore at the end of the June 2022 quarter which swelled to 38,885.28 crore by the end of the June 2023 quarter, according to Trendlyne data.

At the end of the March 2023 quarter, he held stakes in 29 companies according to Trendlyne data. Those were - Titan Company, Star Health and Allied Insurance Company, Metro Brands, Tata Motors, Crisil, Canara Bank, Indian Hotels Company, Fortis Healthcare, NCC, Federal Bank, Aptech, Tata Communications, Karur Vysya Bank, Nazara Technologies, Rallis India, Jubilant Pharmova, Escorts Kubota, Va Tech Wabag, Jubilant Ingrevia, Agro Tech Foods, Sun Pharma Advanced Research Company, Geojit Financial Services, Wockhardt, Edelweiss Financial Services, Raghav Productivity Enhancers, D B Realty, Singer India, Autoline Industries and Prozone Intu Properties.

In terms of value, his top holding is Titan Company ( 14,440.6 crore), followed by Star Health and Allied Insurance Company ( 5,913.8 crore), Metro Brands ( 3,755.4 crore), Tata Motors ( 3,075.5 crore) and Crisil ( 1,564.9 crore), Trendlyne data showed.

In terms of holding percentage, his top holdings at the end of the March 2023 quarter were Aptech (43.7 per cent), Star Health and Allied Insurance Company (17.3 per cent), Metro Brands (14.4 per cent), NCC (13.1 per cent), Rallis India (10.3 per cent) and Nazara Technologies (10 per cent), Trendlyne data showed. Jhunjhunwala held a 5.3 per cent stake in one of his most favourite stocks - Titan Company - at the end of the March 2023 quarter. The data for the June quarter is awaited.

Read more: How Rakesh Jhunjhunwala became India’s most successful investor

Jhunjhunwala not only invested in established firms but in several startups also. Jhunjhunwala was among the founders of Akasa Air. Other founders are -- Vinay Dube, the former CEO of Jet Airways and GoAir, and Aditya Ghosh, the former president, and whole-time director of Indigo. The carrier launched its first commercial flight on August 07, 2022, to support the growing demand across India.

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