Favourite stocks of India’s richest investors: from Radhakishan Damani to Hemendra Kothari

Nov 22, 2023

By: Sourabh Jain

Credit: Canva

Radhakishan Damani

Radhakishan Damani is the biggest investor in India with a portfolio of Ra 1,67,298 crore as on September 30, 2023. His top stock is Avenue Supermarts, which runs the supermarket chain Dmart.

Credit: BCCL

Jhunjhunwala and family

The family of late Rakesh Jhunjhunwala is next on the list with a portfolio of ₹44,202 crore as on September 30, 2023. The family’s top stock includes Titan, which was among Jhunjhunwala’s biggest wins – rising from ₹3 in during 2002-2003 when he purchased it to ₹3,149 on September 30.

Credit: BCCL

Hemendra Kothari

Hemendra Kothari, the veteran banker who chairs DSP Investment Managers is a distant third with a portfolio of ₹8,698 crore as on September 30, 2023. His top stock is Alkyl Amines Chemicals.

Credit: DSP

Akash Bhanshali

Akash Bhanshali, who heads Enam Holdings is fourth on the list with a portfolio size of ₹4,274 crore. His top stock is Gujarat Fluorochemicals.

Credit: Canva

Mukul Agarwal

Mukul Agrawal of Param Capital is next on the list with a portfolio size of ₹3,832 crore. Agarwal’s top stock is BSE.

Credit: Mukul Agarwal

Ashish Dhawan

Ashish Dhawan, the co-founder of Chrysalis Capital is sixth on the list with a portfolio of ₹3,473 crore. His top stock is IDFC, which is a development finance institution.

Credit: Ashoka University

Nemish Shah

Nemish Shah, the co-founder of ENAM, with a portfolio size of ₹3,128 crore is seventh on the list of India’s biggest investors. Shah’s top stock is Lakshmi Machine Works.

Credit: Enam

Anil Kumar Goel

Anil Kumar Goel, considered one of India’s super-investors has a portfolio size of ₹2,193 core. Goel’s top stock is KRBL, a rice processing and exporting company.

Credit: Anil Kumar Goel

Ashish Kacholia

Ashish Kacholia is ninth on list with a portfolio size of ₹2,089 crore. Kacholia’s top stock is Safari Industries, which makes luggage bags, trolleys, suitcases and more.

Credit: Ashish Kacholia

M. A. Yusuff Ali

M. A. Yusuff Ali, the chairman and managing director of LuLu group is next on the list. Ali’s top stock is Federal Bank, a private sector bank based in Kerala.

Credit: Wikipedia

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