Always Invest for Long Term. If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes. This is a famous saying by investment guru Warren Buffet. This saying is very well accepted by most of the investors including Warren Buffet of India – Rakesh Jhunjhunwala.
Rakesh Jhunjhunwala age 59 is stock market veteran and most successful equity investors of India. He has made his fortune of 300 Crore USD starting from $100. Rakesh Jhunjhunwala is the undisputed king of Dalal Street. He manages his own equity portfolio as a partner in the asset management firm Rare Enterprises. The name of his asset management firm is given from the first two initials from his name Rakesh Jhunjhunwala and his wife name Rekha Jhunjhunwala. Jhunjhunwala is certified Chartered Accounted by education. He is also acting as chairman and board members in many companies. His investment strategy, stock picks and portfolio are blindly flowed by many equity investors in India. He has millions of devoted followers in India.
Also Read – Rakesh Jhunjhunwala Portfolio Holdings-2019
Rakesh Jhunjhunwala is an advocate of long-term investment. He firmly believes in the “Buy Right Hold Tight” strategy. Rakesh Jhunjhunwala always says buy stock for the long term. This investment strategy helped him a lot. E.g – He is holding Titan stock for past 15 years. The stock of Titan has help RJ to generate a lot of wealth. This means if your stock investment is right you should not react on any negative market sentiments. Always invest for long term patience pays.
If you are planning to invest in the stock market and looking for Rakesh Jhunjhunwala stocks, here is a list of RJ stocks for long term investment.
Rakesh Jhunjhunwala Stocks for Long Term investment
Rakesh Jhunjhunwala is holding multiple stocks. His portfolio consists of 27 different stocks. The total value of Rakesh Jhunjhunwala portfolio is around 20,700 Cr. He is holding stocks like Titan, Escort, VIP Industries, Delta Corp, Radico Khaitan, Edelweiss Finance, Praksh Industries, Federal Bank, Karur Vysya Bank, etc.
The following stocks have generated very good returns for Rakesh Jhunjhunwala in the past. It is recommended to invest in following RJ’s stocks for the long term.
Titan is leading producer of watches, jewellery, bags, perfumes and eyewear. Jhunjhunwala is holding stock of Titan since 2002-03. He purchased this stock at an average price of Rs.5. He is holding approximately 8 Cr Titan Stocks in his portfolio. As of now (2019) stock price of Titan is Rs.1080. Overall CAGR return of this stock from 2002 to 2019 is 37%. In the year 2019 stock was able to generate 12% return.
Escort is a leading engineering company operating in agri-machinery, construction and material handling equipment. Escort is one of the crown jewel stock in Rakesh Jhunjhunwala Portfolio. Jhunjhunwala is holding this stock since 2014. He purchased Escorts at price of Rs.125 and today stock price is Rs.660 (2019). Overall CAGR return of this stock from 2014 to 2019 is 39.4%. He bought this stock with lot of conviction and he is holding this stock although this stock has not performed for two years in between.
VIP Industries is a leading manufacturer of travel accessories and language in India. VIP is multibagger stock of jhunjhunwala stock portfolio. Jhunjhunwala purchased 12.65 Lakhs stock of VIP @ Rs.65 in 2010 when no one was interested in buying this stock. He also purchased additional 3.75 Lakhs stocks in between. The stock price of VIP Industries as of now (2019) is Rs.441. Overall CAGR return of this stock from 2010 to 2019 is 23.71%.
Delta Corp is an Indian real estate, gaming, and Hospitality Company. Delta Corp is one of the favorite stock of Jhunjhunwala. He first purchased this stock in August 2011 at Rs.100. This stock has gone through downturn multiple times such as for getting approval for gaming, demonetization etc. However, this stock has generated 12% CAGR return for Jhunjhunwala in between 2011 to 2019.
Radico Khaitan is distillery and chemical company. It is fourth largest Indian liquor company. Radico Khaitan is favourite stock of Jhunjhunwala. This stock has also secured position in the Dolly Khanna’s stock portfolio. Jhunjhunwala purchased this stock in 2014 at Rs.167. As of now (2019) this stock is trading at Rs.353. Overall CAGR return of Radico Khaitan from 2014 to 2019 is 16%.
Rakesh Jhunjhunwala Method of picking long term stocks
Invest in the small caps, which has potential to become large caps
Rakesh Jhunjhunwala always invests in small cap stocks that have potential to become large cap. Aptech, DHFL, and Titan are examples. So learning here is you need to find out stocks that are available at a reasonable valuation and having the potential to grow big.
Buy right and hold tight
Once you identify good stock for investment, stay invested in stock for a long time. Titan is an example where he invested money several years ago and still he is holding Titan. Learning is you need not sell the stock if fundamental of the company is good.
Make changes in the portfolio
Hold stock if you have confidence that it will give good returns. Do not get emotionally attached to any stocks. Make changes in the portfolio as per market condition and stock value.
What is your take on these Rakesh Jhunjhunwala Stocks for Long Term investments?
Do you own these stocks in your portfolio?
Do you recommend investing in these multi-bagger stocks?
Do share your views in the comment section.