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Vijay Kedia Portfolio Holdings 2024 – Success Story of Vijay Kedia

Shitanshu Kapadia
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Vijay Kedia Portfolio Holdings 2024 – Success Story of Vijay Kedia

Vijay Kedia, 64, India’s most successful stock market investor who made 1600 Cr starting from Rs. 35,000. Vijay Kedia is a common man with an uncommon intelligence. His stock market strategy and investment style is followed by many investors blindly. Vijay Kedia is an inspiration for many investors who are seeking success in the stock market.

Vijay Kedia Stock Portfolio India Stock Market

Success Story of Vijay Kedia

Vijay Kedia, born in a family of stockbrokers, entered the stock market at 18 years after his father passed away in 1978. His entry in the stock market was due to compulsion as he has to support his family business. For the next 11 years, he traded in Kolkata. He was making money sometimes and losing sometimes but not earning enough from trading. Vijay Kedia started as a trader but soon realized the potential of long term investment.

Also Read – Porinju Veliyath Portfolio Holdings – Success Story of Porinju Veliyath

In 1990 he came to Mumbai and switched to long-term investing based on company fundamentals. He did not have much money to spare. He stayed in rented house and changed placed multiple times. He had just Rs.35,000 for invest, he invested all his money in a single stock, Punjab Tractors, which went up to 3 times in three years. His Rs.35,000 became Rs.1,05000. He put all this money in ACC at the price or Rs.300. The stock didn’t move for first year but went up to 10 times next year. He sold ACC at a price of Rs.3000 and bought an own house in Mumbai. He was on his way to becoming a successful investor.

So far all stocks selected by him have become multi-bagger. He has discovered multi baggers such as Atul Auto and Cera Sanitaryware which gave him a 100 times return in 10 years. Currently, he holds a stake of more than 1% in at least 15 listed companies. He is also on the board of Atul Auto Ltd.

5 Success Secrete of Vijay Kedia

Knowledge

In today’s world for every business or job you need relevant experience and skills. Without knowledge and experience, one cannot get a good job or cannot establish a good business. Same is true in a case of investment & stock market.

You require specific knowledge and skill set to become successful like Vijay Kedia. In order to be successful in the market, you need the knowledge to find a good quality stock which has the potential to become multi baggers in future. Vijay Kedia has the knowledge to identify multi bagger stocks like Atul auto, Cera sanitaryware etc. 

Also Read – Ashish Kacholia Stock Portfolio

Risk Taking Capacity

Stock market investment is a risky affair. You can generate a lot of money as well as you can lose your entire capital in stock market. Fear of losing money in the stock market is very high. This stops many people from investing in stock market. Vijay Kedia has risk taking capacity. He had only Rs.35000 and he invested all his money in single stock. It is called as courage and risk taking capacity.

Patience

Controlling emotion and keeping patience is extremely important in the stock market. The stock market moves upward as well as downwards. If your stock is not moving up you should maintain patience. In another words you should have faith in investment made in stocks.

Kedia has a very good quality called patience. His stock ACC was not moving up for one year he could have sold this stock but due to faith, he could make a fortune.

Vision

Vision is very important for the stock market. Kedia is a visionary investor. Making 200 Cr from Rs 35,000 is not possible without vision. To be successful in the stock market like Vijay Kedia one must have vision.

Also Read – Ashish Chugh Hidden Gems – Secrets of Identify Multibagger Stocks

Timing

Timing is another important factor in the success of Kedia. He knows that timing is important in making money from the stock market. He takes a correct move in the stock market at a correct time. He invested in Atul auto at a right time and generated lot of wealth.

There could be many other factors responsible for success for Mr.Vijay Kedia but preliminary I could find above 5 things which make him successful in the stock market. 

Vijay Kedia Portfolio Holdings

Fans and followers of Vijay Kedia always seek information about buying and selling activity of him. To help them here is a comprehensive list of Stocks held by Vijay Kedia Managing Director of Kedia Securities: Last Updated Aug 2024.

Stock

Holding ValueQty Held
 Global Vectra Helicorp Ltd.19.3 Cr679,218
Patel Engineering Ltd.67.0 Cr12,000,000
Reliance Infrastructure Ltd.––
Talbros Automotive Components Ltd.––
Atul Auto Ltd.388.7 Cr5,802,017
Elecon Engineering Company Ltd.87.3 Cr1,499,999
Mahindra Holidays & Resorts India Ltd.88.4 Cr2,025,000
Neuland Laboratories Ltd.161.9 Cr140,000
Om Infra Ltd.46.1 Cr2,400,000
Repro India Ltd.56.7 Cr906,491
Siyaram Silk Mills Ltd.22.2 Cr455,000
Sudarshan Chemical Industries Ltd.98.2 Cr1,000,000
Vaibhav Global Ltd.99.7 Cr3,350,000
Precision Camshafts Ltd.20.6 Cr1,100,000
Tejas Networks Ltd.398.3 Cr3,200,000
Ramco Systems Ltd.––
Cera Sanitaryware Ltd.––
Heritage Foods Ltd.––
Panasonic Energy India Company Ltd.––
Lykis Ltd.––
Innovators Facade Systems Ltd.42.0 Cr2,010,632
Affordable Robotic & Automation Ltd.60.2 Cr1,116,720

Also Read – Raamdeo Agrawal Success Story Journey from Zero to 1000 Cr 

Vijay Kedia Advice for success in the stock market

Vijay Kedia’s life was full of ups and downs. Mr.Kedia is among those rare investors confident enough to talk about his success and his failure and what he learned from both. Let’s look at what he shared at IIM Banglore about investing.

Note – Details given above are taken from various sources available on the Internet. Above stock portfolio detail is for information purpose only and it is not an investment advice.

What are Chit Funds? How do Chit Funds Work?

Shitanshu Kapadia
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1
What are Chit Funds? How do Chit Funds Work?

Ever stumbled upon the term “Chit Fund” and wondered what it really means? Well, you’re not alone. For decades, chit funds have quietly worked as the backbone of small savings and informal borrowing in India. They’re fascinating financial instruments that combine saving, borrowing, and community trust—all rolled into one.

But here’s the kicker: while many people have heard of chit funds, only a few actually understand how they work. Some even confuse them with shady schemes (and let’s be honest, a few scams have spoiled their reputation). Still, chit funds, when managed properly and legally, can be a lifeline for middle-class families, small businesses, and anyone who needs access to lump-sum money without jumping through the hoops of banks.

So, if you’re asking yourself, “What are chit funds? How do chit funds work?”—grab a cup of tea and read on. This guide will unpack everything in plain English, from the basics to the nitty-gritty, peppered with examples, pros, cons, and even FAQs.

how chit fund works

What are Chit Funds?

A Chit Fund is an all-in-one financial instrument. A definition of a chit fund varies from person to person. For one set of people, it is a money deposit scheme, a savings cum investment scheme. For another set of people, it is a loan or credit scheme.

In short, chit funds are savings cum borrowing schemes, where a member or subscriber agrees to contribute a fixed amount every month for a fixed period. The total amount contributed by subscribers shall be auctioned and given as prize money to needy subscribers every month.

An exact analogy of a chit fund is a kitty party. In a kitty party, the party is arranged every month at a different subscriber’s place. Similar to a kitty party in a chit fund specified amount is contributed every month by the subscriber, and one subscriber gets the entire fund. The process is carried out every month till all subscribers of the chit fund get a chance to avail booty. At the kitty party, a lucky draw takes place here auction takes place for the subscribers.

At its core, a chit fund is both a savings tool and a credit system. Think of it as a group of people pooling their money together every month, and then each member gets a turn to take home the collective amount.

Sounds simple, right? Well, let’s break it down further.

  • A chit fund is a type of rotating savings and credit association.

  • It involves a group of people (called subscribers) contributing a fixed sum of money every month.

  • The pooled money is then given to one member of the group in a systematic way—usually through an auction or a draw.

In other words, chit funds are like a community piggy bank where everyone puts in money, but one person gets the benefit of taking out the lump sum each month.

Example of a Simple Chit Fund

Imagine you and nine friends start a chit fund:

  • Each person contributes ₹10,000 a month.

  • So, the total monthly collection = ₹1,00,000.

  • In the first month, one member gets the full ₹1,00,000.

  • Next month, another member gets it.

  • This continues until every person has received the lump sum once.

Of course, in real-world chit funds, auctions, discounts, and foreman commissions come into play. But more on that later.

Types of Chit Funds in India

There are three types of chit funds in India.

  • Chit Funds run by State Government – These types of chit funds are run by state governments. These types of chit fund are completely transparent. Kerala State Financial Enterprise and Mysore Sales International Limited are examples of this type of chit fund.
  • Private Register Chit Funds – There are a number of privately held register chit funds. These funds are registered as per the Chit Funds Act 1982.
  • Unregistered chit – It is illegal to run an unregistered chit fund. However, you will find many unregistered chit funds across the country. These funds are usually run by a closed group such as relatives, friends, neighbors, etc.

How Do Chit Funds Work?

Okay, now let’s get into the mechanics. How does a chit fund really operate?

The functioning of chit funds usually revolves around four key players:

  1. The Foreman – The organizer who starts and manages the chit fund.

  2. Subscribers – The members who join the fund and contribute regularly.

  3. Chit Value – The total money collected each month (number of members × contribution).

  4. Bid or Auction System – The process by which members decide who gets the money each month.

Step-by-Step Process of a Chit Fund

Let’s simplify the whole thing into steps:

  1. Formation of the Group

    • A foreman gathers a group of subscribers. For example, 20 members agree to join a chit of ₹5,000 each per month.

  2. Contribution

    • Every member pays their share monthly. Total = ₹1,00,000.

  3. Auction or Bidding

    • Members bid for the pooled money.

    • Suppose one person agrees to take ₹80,000 instead of ₹1,00,000 (leaving behind ₹20,000 as a discount).

  4. Distribution of Discount

    • The ₹20,000 is divided among all members as a dividend. So, everyone benefits.

  5. Next Month, Repeat

    • Another member wins the auction the following month.

    • This cycle continues until all members get their turn.

  6. Foreman’s Commission

    • The foreman takes a small cut (say 5%) for managing the chit.

Why Do People Join Chit Funds?

You might be wondering: “Why not just put the money in a bank?” Well, here’s why chit funds still attract millions:

Advantages of Chit Funds

  • Easy Access to Money: No need for collateral, unlike banks.

  • Dual Benefit: Acts as both savings and borrowing.

  • Community Trust: Works best among friends, family, or known groups.

  • Flexibility: Members can use funds for emergencies, weddings, education, or even business capital.

  • Better Returns (Sometimes): The dividends from others’ discounts can make chit funds more attractive than fixed deposits.

Risks and Challenges of Chit Funds

Of course, chit funds aren’t all rainbows and sunshine. They come with risks too.

  • Fraud & Mismanagement: Unscrupulous foremen or fake chit companies can vanish with the money.

  • No Guarantee of Returns: Unlike banks, chit funds aren’t insured.

  • Legal Issues: Many local chit funds operate illegally outside the Chit Funds Act.

  • Default Risk: If members don’t pay their monthly contributions, the entire system can collapse.

So, chit funds are best joined when you know and trust the group or company running them.

Chit Funds vs Banks – What’s the Difference?

A common question is whether chit funds are better than traditional banking products. Here’s a quick comparison:

FeatureChit FundsBanks
AccessibilityEasy, community-basedRequires paperwork, credit check
ReturnsVariable, depends on bidsFixed (FD, RD rates)
RiskHigher (default/fraud risk)Low (insured, regulated)
FlexibilityHighLimited
Trust FactorDepends on group/foremanInstitutional trust

FAQs

1. What is the main purpose of a chit fund?

To provide both a savings avenue and easy access to lump-sum money without formal banking hurdles.

2. Are chit funds legal in India?

Yes, registered chit funds are legal under the Chit Funds Act, 1982.

3. Are chit funds safe?

They’re safe if registered and managed by reputed organizations, but risky if informal or unregulated.

4. Can chit funds replace banks?

No. Banks offer security and insured deposits, whereas chit funds are community-based and riskier.

5. Who usually benefits the most in a chit fund?

  • Early winners get quick access to lump sums.

  • Later winners enjoy dividends and sometimes higher returns.

Conclusion

So, let’s wrap this up. When someone asks, “What are chit funds? How do chit funds work?”—you now know the answer.

Chit funds are age-old financial tools that thrive on trust, discipline, and community participation. They act as both savings and borrowing platforms, making them incredibly useful for people who need flexibility and quick access to money.

But—and this is a big but—they come with risks. Fraud, mismanagement, and default can derail the system. That’s why joining a registered, trusted chit fund company is crucial.

At the end of the day, chit funds are neither saints nor villains. They’re just tools. And like any tool, their effectiveness depends on how wisely you use them.

Business or Job it’s your choice – True Story

Shitanshu Kapadia
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1
Business or Job it’s your choice – True Story

business

In world, you will find two types of people. One who prefers to be a master by doing a business and second who prefers to be a slave by doing a job. Well, doing a business or a job is an individual choice. However, we find that people preferring jobs are more compared to business. There are many reasons for this but one main reason is we are being trained to do a job from childhood times.

Go to school, get a good degree and degree will give you a good job. Once you get a good job your life will be set. This is a common philosophy of Indian middle-class family. From the childhood days, many of go through this job minded philosophy and its impact us a lot. Once we grow up we only keep one target in our mind – “I want to get a good job”. Nothing wrong in getting a job, a job can earn you a good income and you can live a good life. However, if you opt for a business you can earn a lot of wealth and live a luxurious life.

Let’s try to understand difference between Job and Business with true story of me and my friend.

Business or Job it’s your choice

I and Sunil is a friend from the school days. From the beginning, my target was to get a good job. So, I completed my engineering and got a job. Sunil was dull in a study he completed his graduation in commerce.

Today when I was returning to home from my regular job, my colleague requested me to have some food at nearest food shop before going home. I was completely exhausted due to hard work at a job but decided to accompany him.

We visited one nearby food shop where famous Mumbai type vada pav is being sold. The shop was full of customers. We order two plates vada pav and waiting for our turn. Incidentally, I saw Sunil sitting at the cash counter. It was surprised to see Sunil at the food shop. It was like a reunion of two old friends at the food shop. I and Sunil started our conversation.

vada pav food shop business

Photo of Food Shop

Sunil asked me that what I am doing?

Me: I am doing a job in MNC Company as a Manager. Sunil was quite impressed.

Sunil: Cool! You must be earning handsome salary man.

Me: Yes

I asked Sunil what about you? Sunil said I started this food shop one year back.

Looking at vada pav shop I simply ask Sunil what do you get by selling these Vada pav?

Sunil: I get 7.5 rupees for each Vada pav that we sell.

Me: “Oh, is that so? How many Vada pav do you sell on an average each day?”

Sunil: “On weekend and on peak days, we sell 600 vada pav per day. On an average, we sell about 400 vada pav a day.”

I was stunned and speechless…..for a few seconds. 400 vada pav per day means he is earning Rs 3000 per day and around 1 Lac rupees a month by selling just vada pav at the food shop. OMG!

Also Read – Why middle class people always remain under pressure?

I was unable to speak a single word more but Sunil continued…
“But one thing…most of our earnings are spent on living expenses and shop expense. Only with the remaining money I am able to take care of other business.”

Me: “Other business? What is that?”

Sunil “It is share market business. In 2007 I bought shares of some blue chip companies like L&T,Infosys, Lupin etc. I invested 10 lac rupees. I sold some shares a few months back for 25 lakhs. I reinvested some amount via mutual funds and bought gold from remaining amount.

Sunil: Further said I am planning to start one new food shop but not getting time.

Sunil: What are your plans?

Me: Well I am doing a job and planning to continue that.

At this point, what could I reply? After all, I was talking to a True Indian Businessman.

We completed our vada pav dish and departed from each other.

On that day, I could realize that small business of food like vada pav can also earn you a big money.

Moral of story
BE AN ENTREPRENEUR and start your own business.

Above story is dedicated to all parents who believes in the job philosophy and set job as a target for their children. They should change their mindset, rather than giving a job as a target to them explain them an advantage and disadvantage of business and job. Let them decide what they want to do?

Business or Job it’s their choice.

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