Humans have the propensity to follow successful examples. We frequently follow eminent top investors in Indian stock market who have achieved phenomenal success and attempt to invest in the same kinds of ventures that they have. Incredible investing lessons can be learned from the top 10 investors in India. While it might not be a good idea to match their portfolios because we have our own restrictions and different investment philosophies, we can learn a few lessons from their investing and life experiences that will help us plan our own successful investing journey. Let’s examine the equity net worth of the most successful investors.
The best index mutual funds | ||||
Name | AUM (Rs. in cr.) | Tracking Error (%) | CAGR 3Y (%) | Expense Ratio (%) |
SBI Nifty Index Fund | 3,041.00 | 0.03 | 15.85 | 0.18 |
UTI Nifty 50 Index Fund | 8,353.64 | 0.03 | 16.1 | 0.2 |
HDFC Index Fund-S&P BSE Sensex | 4,100.05 | 0.03 | 15.72 | 0.2 |
HDFC Index Fund-NIFTY 50 Plan | 6,775.55 | 0.04 | 15.98 | 0.2 |
ICICI Pru Nifty 50 Index Fund | 3,494.51 | 0.08 | 16.09 | 0.17 |
UTI Nifty Next 50 Index Fund | 1,975.28 | 0.09 | 15.61 | 0.33 |
ICICI Pru Nifty Next 50 Index Fund | 2,416.20 | 0.1 | 15.3 | 0.3 |
UTI Nifty200 Momentum 30 Index Fund | 2,084.46 | 0.16 | 0 | 0.41 |
According to information that was available in August 2022, these are the top 10 investors in India:
1. Radhakishan Damani
Portfolio Net Worth: According to “Finology” from June 2022, Rs. 2.01 lakh crore.
In the Indian stock market, Radhakishan Damani is well-known as a savvy investor and of the top investors in Indian stock market. Before making an investment, he thinks that the company’s ethical values should be thoroughly examined. He is a college dropout who worked in the ball bearing industry before abruptly transitioning into stock broking following the death of his father, who was also a stock market broker. His first run of stock market success happened in the 1990s, during Harshad Mehta’s big bull of Indian stock market fall from power.
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He acted wisely by selling the stocks short that were being traded at inflated prices. He was one of the select few who recognized the con that Harshad Mehta had spent years constructing.
Avenue Supermart, also known as DMart, was developed by Radhakishan Damani into a successful retail chain. He has a profound understanding of the character of Indian consumers. As of the end of the fiscal year 2022, DMart had successfully established and was operating about 284 stores throughout India. He thinks companies will succeed in the long run if they comprehend what customers want and closely align their offerings with those needs. The company Bright Star Investments Limited is in charge of managing its investments. He comes in at number 87 on Forbes’ 2022 list of the world’s billionaires.
2. Rakesh Jhunjhunwala
According to “Finology” dated June 2022, the portfolio’s net worth is Rs. 22,429 crore.
Rakesh Jhunjhunwala, also known as big bull of Indian stock market ” and regarded as India’s very own Warren Buffet. His appeal is unmatched in the world of the stock market. If you are interested in investing in stocks, there is a good chance that you have heard of him. Prior to beginning his stock market experiments, he was a salaried worker. He continued his education to become a chartered accountant after graduating.
He invested Rs. 5000 at first and quickly achieved incredible success. Over several decades, he increased his meager investment to an unimaginable level of wealth. In addition to Hungama Digital Media Entertainment Pvt. Ltd., he held executive positions at Aptech Limited. He was the owner of the investment company Rare Enterprises, a private equity and asset management company with its headquarters in Mumbai, India, and founded in 2003. Recently, he was connected to the upcoming Indian ultra-low cost airline Akasa Air. Rakesh Jhunjhunwala and Vinay Dubey, a former CEO of Jet Airways, jointly founded Akasa Air.
In his time, Rakesh Jhunjhunwala was a skilled investor and counted in the top 10 investors in India. Investors at all stages of the investment process continue to closely follow his financial advice.
3. Mohnish Pabrai
According to “Finology” from June 2022, the portfolio’s net worth is Rs. 1414 crore.
Pabrai Investment Funds was founded by Mohnish Pabrai, who also serves as a partner. In addition, he established Dhandho Funds. The Dhandho Investor and Mosaic: Perspectives on Investing are two other books he has written. With the high-speed data networking company Tellabs, he began his professional career. The international division of the same company’s marketing and sales department was his next stop.
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In 1991, he left his position to launch TransTech Inc., an IT consulting and systems integration business, with a net capital of $100,000. Kurt Salmon Associates purchased the business from him for $20 million. Since 1999, he has served as managing partner of the Buffet Partnerships-inspired hedge fund Pabrai Investment Fund.
4. Ashish Dhawan
The portfolio’s net worth as of June 2022, according to “Finology,” was Rs. 2147 crore.
Ashish Dhawan, a Harvard MBA graduate, is regarded as one of the most meticulous philanthropists and private equity investors and is counted in the top investors in the Indian stock market. He co-founded and oversaw ChrysCapital, one of India’s most prosperous private equity firms. He worked at ChrysCapital for more than 20 years before leaving his position there in 2012.
The Central Square Foundation, a policy think tank devoted to improving education quality, was subsequently established by Ashish Dhawan. Additionally, he was the driving force behind Ashoka University, India’s first liberal arts university, which represents the synthesis of more than 40 industry and educational leaders.
5. Nemish S Shah
The portfolio’s net worth as of June 2022, according to “Finology” data, was Rs. 1991.
Nemish S. Shah has over 15 years of experience as an investment consultant who helps clients create long-term profitable portfolios. He offers investors the best possible advice on making investments and practical solutions. The advisory service is client-centered and prioritizes delivering excellent customer service over bringing in a lot of new clients.
He has quickly become well-liked by retail investors thanks to his customer-focused and approachable style. His approach to investing is in line with the actual issues that investors have faced recently and this made him counted in the top 10 investors in India.
6. Vijay Kedia
Net worth: 791 crore rupees as of August 2022, according to “Finology” data.
One of the most reputable stockbroking firms in India is owned by PhD-holder Vijay Kishanlal Kedia, who runs Kedia Securities. His first taste of investing success came between 2004 and 2005, when he made investments in multi-baggers like Aegis Logistics, Atul Auto, and Cera Sanitaryware. Additionally, he is a persuasive public speaker renowned for his motivational speeches.
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7. Akash Bhansali
According to “Indian Companies” dated April 2022, the portfolio’s net worth is 770 crore rupees.
Akash Bhansali falls under the category of top 10 investors in India and has a distinctive approach to portfolio management and selection. He eliminates highly correlated sectors and adheres to the one-sector stock rule. He wouldn’t invest in other industries that have a high degree of correlation with the IT sector, for instance, if he bought stock in the IT sector. The balanced diversification rule is strictly followed by him, and the number of stocks in his portfolio is limited to 20.
He is counted as the best trader in India but does not invest in traditional ways; instead, he seeks out businesses that are one-of-a-kind and provide specialized goods or services that are highly oriented toward customers. He almost gives the impression of being a contrarian investor because he invests in stocks that nobody else is considering.
8. Ashish Kacholia
700 crore rupees worth of portfolio net worth as of “Indian Companies” as of April 2022.
In his own right, Ashish Kacholia is regarded top investor in the Indian stock market. He and Rakesh Jhunjhunwala actually co-founded a business called Hungama Digital. In addition, he established Lucky Securities in 2003. After thorough research, he makes investments in small and midcap companies. He has a special connection to the field of education and sees it as a hidden gem.
9. Anil Kumar Goel
According to “Indian Companies” from April 2022, the portfolio’s net worth is 555 crore rupees.
Value-driven and bottom-up strategies are used in Anil Kumar Goel’s investment approach; counted in the best traders in india. He has a keen eye for selecting high-quality stocks at bargain prices. He appears to be a very unconventional investor and chooses stocks from essentially unheard-of industries. He is an accomplished campaigner with significant corporate work experience.
10. Mukul Agarwal
Portfolio Net Worth: 526 crore rupees as of April 2022, according to “Indian Companies.”
Mukul Agarwal is a well-known Indian finance YouTuber, author, and teacher who specializes in teaching chartered accountancy. He is a relatively recent stock market entrant who has a relatively aggressive investment strategy and takes risks by investing in penny stocks that go on to become multi-baggers. He runs a service-based business called Agarwal Corporate Pvt. Ltd. He keeps two separate portfolios, one for trading and the other for investments. He also counted among the top 10 investors in India and manages Agarwan Corporate Pvt. Ltd.
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Conclusion
We believe you now have a better understanding of the top 10 investors in India. While it is acceptable to draw inspiration from their stories, it is not a good idea to copy their work or presentation methods. Your portfolio must be in line with your priorities and financial objectives.
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Hello there, my name is Phulutu, and I am the Head Content Developer at Nivesh Karlo. I have 13 years of experience working in fintech companies. I have worked at Policybazaar, Paytm Money, Investopedia, and others. I love writing about personal finance, investments, mutual funds, and stocks. All the articles I write are based on thorough research and analysis. However, it is highly recommended to note that neither Nivesh Karlo nor I recommend any investment without proper research and read all the documents carefully.