With a ₹1.67 lakh crore portfolio, Radhakishan Damani, founder of supermarket chain DMart, is in the number one position. In addition to a majority stake in Avenue Supermarts, parent of Dmart, Damani holds shares of VST Industries, India Cements and Trent among others. His portfolio declined by 5% in the September quarter. The share portfolio of the family of late Rakesh Jhunjhunwala rose 37% between April and September to ₹44,202 crore.
Portfolio values have been calculated on the basis of their holdings of more than 1% in a company.
The rally helped the portfolio of three individual investors – Vijay Kedia, Manish Jain, and Dilip Kumar Lakhi – cross the ₹1,000 crore-mark.
While Hemendra Kothari, owner of DSP Mutual Fund, and Akash Bhanshali of Enam witnessed a decline in their portfolio values during the September quarter, the remaining 12 investors recorded gains ranging from 11% to 41% in the period.
The portfolio of Mukul Agrawal of Param Capital witnessed a 45% growth since April, while Ashish Dhawan and Ashish Kacholia saw their wealth grow more than 50% in the six months ended September.
Download The Economic Times News App to get Daily Market Updates & Live Business News.