Rakesh Jhunjhunwala Portfolio - September 2021

Rakesh Jhunjhunwala Portfolio

by 5paisa Research Team Last Updated: Dec 16, 2022 - 02:05 pm 49.2k Views
Listen icon

Rakesh Jhunjhunwala is known in the stock market by many epithets. From being called the Pied Piper of stock markets to the Big Bull to the Indian Warren Buffett, there is no gainsaying his immense influence on investors. His portfolio changes are also closely tracked and his profits on Titan, by now, are the stuff that legends are made of. Here is a quick look at his portfolio shifts as of end Sep-21.

As of the close of September 2021, Rakesh Jhunjhunwala held 38 stocks in his family portfolio with a market value of Rs.24,235 crore as of 20th October. Here is a snapshot of his top holdings in rupee value terms.

Here is Rakesh Jhunjhunwala's portfolio as of Sept-21.

Stock Name

Percentage Holding

Holding Value

Holding Movement

Titan Company


Rs.10,442 crore

Small Increase

Tata Motors


Rs.1,838 crore

No Change



Rs.1,163 crore

No Change

Nazara Technologies


Rs.942 crore

No Change

Escorts Ltd


Rs.921 crore

No Change



Rs.866 crore

Increased in Q2

Fortis Healthcare


Rs.812 crore

Minor decrease

Jubilant Pharmova


Rs.632 crore

No Change



Rs.614 crore

No Change

Jubilant Ingrevia


Rs.593 crore

Reduced in Q2

The top-10 stocks account for 78% of the value of the portfolio of Rakesh Jhunjhunwala as of end Sep-21, with Titan alone accounting for 43% of his total family portfolio.

Stocks where Rakesh Jhunjhunwala added to the holdings

Let us look at the fresh addition of stocks to his portfolio first in the Sep-21 quarter. There were 2 important new additions made by Rakesh Jhunjhunwala to his portfolio. He added a 1.6% stake in Canara Bank via the bank’s equity placement with market value of Rs.569 crore. He also added a 1.4% stake in Nalco, worth Rs.274 crore. Interestingly, both his fresh additions are from the PSU space.

There were also some stocks where Rakesh Jhunjhunwala increased his positions. Firstly, he did make some marginal additions to his holding in Tata Communications. He increased his stake in Titan by around 10 bps in the quarter while his stake in SAIL increased by 40 bps from 1.4% to 1.8% in the September 2021 quarter.

Check - Rakesh Jhunjhunwala's Portfolio - June 2021

What stocks did Rakesh Jhunjhunwala downsize in his portfolio?

In the Sep-21 quarter, Rakesh Jhunjhunwala did make some marginal reductions in his holdings in Crisil, Geojit, Aptech, Fortis and Rallis. Most of these reductions ranged between 2 bps and 8 bps. However there were some significant stake reductions as under.

a) He reduces his stake in Jubilant Ingrevia, part of the Bhartia group, by 80 bps from 6.3% to 5.5% in the Sep-21 quarter.

b) He significant reduced his stake in real estate company, TARC Ltd, by 180 bps from a level of 3.4% to just about 1.6% during the quarter.

c) A very significant stake reduction was in Mandhana Retail, the manufacturers of Being Human apparel, by 540 bps from 12.8% to 7.4%.

d) In the case of 2 stocks, Rakesh Jhunjhunwala’s stake fell below the 1% threshold. In the case of Multi Commodity Exchange (MCX) his stake fell from 4.9% to below 1%. In the case of one of his old favourites, Lupin, his stake fell from 1.6% to below 1%.

All the above reductions in stake happened during the Sep-21 quarter.

Rakesh Jhunjhunwala Portfolio Performance in retrospect.

How did the portfolio perform as of the end of September 2021 quarter compared to different time frames in the past. Interestingly, the portfolio of Rakesh Jhunjhunwala virtually did not make any returns between September 2015 and March 2020, when the markets bottomed out after the pandemic. The real story started after that.

Between Mar-20 and Sep-21, the portfolio value has gone up from Rs.8,356 crore to Rs24,235 crore. That is a 2.9 fold appreciation or you can almost call it a 3-fold increase. That is actually much better than what the Nifty and Sensex have done. If you just consider the last one year between Sep-20 and Sep-21, the portfolio is up by a whopping 87% from Rs.12,945 crore as of one year back.

Also Check:-

1) Vijay Kedia Portfolio - September 2021

2) Radhakishan Damani Portfolio - Sept 2021

3) Ashish Kacholia Portfolio - Sept 2021

How do you rate this blog?


Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage


About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest Blogs
Weekly Outlook on Copper - 01 December 2023

Copper prices saw a modest 0.33% gain, reaching 722 on Thursday, as worries about a slowdown in Chinese manufacturing loomed large. The November's NBS Manufacturing PMI slipped to 49.4, the second consecutive monthly decline, heightened concerns, emphasizing the need for additional government support to fortify China's economic growth. The NBS Non-Manufacturing PMI at 50.2, reflecting the 11th month of service sector expansion, hinted at a softer pace.

Swing Trading Stocks: Week of 04 December 2023

Swing Trading Stocks for the Week

Weekly Market Outlook for 04 December to 08 December

Our markets started the truncated week on a positive note and it rallied higher throughout the week. The first day of the December month infact witnessed a new record as the Nifty surpassed its previous high and ended in uncharted territory above 20250 with weekly gains of almost two and a half percent.