Rakesh Jhunjhunwala’s Latest Portfolio January 2019
Where Rakesh Jhunjhunwala Stands Now
Last year, during the time of Dana Utsav or Joy of Giving Week in October, Rakesh Jhunjhunwala openly made a vow that he had decided to give away Rs 5,000 crore or 25 percent of his total wealth, whichever is lower, to philanthropy when he turns 60 on July 5, 2020. Rakesh gave credits to his father for such a brave decision.
“My father was always not concerned about how much wealth I have. Everyday what he would ask me is, how much have you given this year in charity and how much taxes have you paid. He was financially independent. He said, ‘I don’t want anything from you but I will seek money from you for charity’. When he passed away in 2008, I really missed him, and I thought that the greatest homage I could give him is to give. I have to create an organisation that will be able to use this money in a way that can really make a difference to the society”.
Rakesh Jhunjhunwala Portfolio Holding Allocation 2019
Rakesh Jhunjhunwala Recent Portfolio Changes 2019
Increase in holding(%)
- Federal Bank Ltd.
- NCC Ltd.
- Jubilant Life Sciences Ltd.
- Aptech Ltd.
- Fortis Healthcare Ltd.
- Dewan Housing Finance Corporation Ltd.
- Autoline Industries Ltd.
- TV18 Broadcast Ltd.
- Rallis India Ltd.
- Titan Company Ltd