Gold Price Forecast for Next Week
Ashish Kacholia Portfolio
Last Updated: 10th December 2022 - 09:23 am
Ashish Kacholia has emerged as a very focused value investor in mid-cap and small cap stocks in India. He floated Lucky Securities in 1995 but eventually went on to become one of India’s ace investors.
As of the close of September 2021, Ashish Kacholia held 26 stocks in his portfolio with a market value of Rs.1,770 crore as of 15th October. Here is a snapshot of his top holdings in rupee value terms.
Ashish Kacholia's portfolio as of Sept-21:
Stock Name |
Percentage Holding |
Holding Value |
Holding Movement |
Mastek Ltd |
2.8% |
Rs.232cr |
No Change |
Vaibhav Global |
1.4% |
Rs.161cr |
No Change |
Poly Medicure |
1.7% |
Rs.159cr |
No Change |
HLE Glasscoat |
1.4% |
Rs.140cr |
No Change |
Shally Engineering |
6.5% |
Rs.119cr |
Reduced in Q2 |
NIIT Ltd |
2.3% |
Rs.104cr |
No Change |
Acrysil Ltd |
3.8% |
Rs.75cr |
No Change |
Mold-Tech Packaging |
3.3% |
Rs.69cr |
No Change |
Garware Hi-Tech Films |
3.3% |
Rs.68cr |
Increased in Q2 |
The top-10 stocks account for 64% of the value of the portfolio of Ashish Kacholia as of end Sep-21.
Stocks where Ashish Kacholia added stake
Let us look at the fresh addition of stocks to his portfolio first in the Sep-21 quarter. Ashish added 7 stocks to his portfolio in the Sep-21 quarter to the extent of more than 1%. The fresh stock additions include Tarc Ltd (+1.5%), Gateway Distriparks (+1.5%), VRL Logistics (+1.4%), Somany Home Innovations (+1.6%), Ami Organics (+1.4%), Xpro India (+2.5%) and Venus Remedies (+1.1%). Two out of the seven fresh additions are logistics stocks.
Also Read: Stock holdings of top Stock Market Investors
There were also some stocks where Ashish increased his positions. For example, he raised his holdings in Garware Hi Tech Films by 70 bps from 2.6% to 3.3%. Holdings in Safari Industries and HLE Glasscoat were raised very marginally in the Sep-21 quarter.
What stocks did Ashish Kacholia downsize in his portfolio?
In the Sep-21 quarter, there were several stocks in which he cut down his stake. For example, his stake in Shally Engineering was cut by 70 bps from 7.2% to 6.5%. There were marginal cuts in Vaibhav Global and Mold Tech Packaging.
There were 4 stocks in which Ashish reduced his stake to below the 1% mark, as a result of which statutory reporting is not required. He cut his stake in Apollo Pipes from 3.6% to below 1%, Birlasoft from 1.2% to below 1%, Caplin Point Labs from 1.2% to below 1% and in Apollo Tricot Tubes from 2.4% to below 1%. There was no stock which Ashish exited fully from his portfolio in the Sep-21 quarter.
Ashish Kacholia’s Portfolio Performance over 1 year and 3 years?
How did his portfolio perform as of the end of September 2021 quarter compared to the year ago period and the 3 year ago period. His portfolio currently stands at Rs.1,770 crore while a year back the portfolio value stood at Rs.821 crore. That is an appreciation of 115.6% for Ashish Kacholia on his portfolio in the last 1 year.
Let us turn to a 3-year perspective. The value of his portfolio was Rs.747 crore in Sep-2018. In terms of compounded annual growth rate, the annualized returns stand at 33.4%, which is still impressive. But clearly, most of the returns for Ashish appear to have come in the last one year only.
Also Check - Radhakishan Damani's Portfolio 2021
Trending on 5paisa
Discover more of what matters to you.
Indian Stock Market Related Articles
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.