India's Top Investors: Ashish Kacholia, Mukul Agarwal, Akash Bhansali and Anuj Sheth are some of the big investors of the country who have made huge profits in the year 2024. This has increased their total wealth as well as improved their portfolio. On the contrary, investors like Hemendra Kothari and Radhakishan Damani have suffered losses this year. Primeinfobase.com has prepared a list of 15 such investors who have benefited a lot from their investments this year. 

These investors benefited a lot

Ashish Kacholia's portfolio has grown over 88 per cent this year, from Rs 1,191 crore in December last year to an impressive value of Rs 2,247 crore by December 17, 2024.

On the other hand, Mukul Agarwal's holding saw a growth of 46 per cent, from Rs 4,741 crore to Rs 6,909 crore. Similarly, Akash Bhansali's portfolio also grew by 43 per cent to Rs 7,933 crore this year as compared to Rs 5,554 crore last year.

These investors missed out on profits

Apart from these, Anuj Sheth, Yusuf Ali Abdul Kader, Nemish Shah and Ashish Dhawan are also some of the stalwarts of this sector, whose portfolios grew by 25 to 30 percent during the year. Their ranking and portfolio assessment is based on shareholding data in the quarter till September 2024. It shows their investment in a company or stock and the profits and losses incurred from it.

Among listed firms, the Jhunjhunwala family's wealth rose 3 per cent to Rs 52,948 crore. The gains investors made in stocks with smaller holdings such as Indian Hotels, Jubilant Pharmova, VA Tech Wabag and Wockhardt were outweighed by the slow performance of large-cap stocks such as Titan, Star Health and Tata Motors. In 2024, shares of Titan and Star Health declined 7 per cent and 11 per cent respectively, while Tata Motors rose only 0.6 per cent.

The portfolios of investors like Hemendra Kothari and Radhakishan Damani also saw a decline during this period. This year, the shares of companies like Alkyl Amines Chemicals and Sonata Software declined by 25 percent and 10 percent respectively. At the same time, veteran Damani saw a decline of up to 20 percent in his portfolio. Their asset value fell from Rs 2 lakh crore in December 2023 to Rs 1.63 lakh crore this year. This loss was due to the fall in the share price of Avenue Supermarts and reduction in stake in VST Industries.