Most of top individual investors lost money in March quarter

The value of veteran Hemendra Kothari's holdings decreased by 23% during the March quarter to ₹7,656 crore, primarily due to a 29% decline in the shares of his , .

Agencies

Kothari, along with his family members, holds about a 72% stake in the company as promoters.Similarly, such as Akash Bhansali, Mukul Agrawal, Ashish Dhawan, Nemish Shah, and Yusuffali Abdul Kader witnessed a 1-3% decline in their wealth during the March quarter.

Chennai-based value investor Anil Kumar Goel's portfolio decreased by 14%, mainly due to significant drops in the of and , which dropped more than 20%.

On the other hand, DMart founder Radhakishan Damani, who is also known as an astute investor, saw his wealth rise by 9.5% to 2.04 lakh crore during the March quarter. The Jhunjhunwala family’s portfolio increased by 2% to 50,897 crore, with Titan shares accounting for 18,000 crore of their holdings as of March 31, 2024.

Flipkart co-founder Sachin Bansal’s portfolio has risen 11% in the March quarter to 1,177 crore, with SML Isuzu, JK Tyres, and Birla Corp being the top holdings.

However, in the fiscal year ending March 2024, except for Hemendra Kothari, all investors witnessed significant gains. Mukul Agarwal led with an 86% return, followed by Akash Bhansali with 61% and the Jhunjhunwala family with 57%.

The portfolios have been calculated based on their shareholding in listed companies, where they hold at least a 1% stake.