 "Markets may correct in the short term. But in a bull market the correction is always sharp, swift and short-lived: Rakesh Jhunjunwala")
A smallcap focus may be weighing on Rakesh Jhunjhunwala’s portfolio in this downturn.
The disclosed value of his portfolio showed a double-digit decline in the three month ending September. This is the biggest fall in at least the past ten quarters. The portfolio was worth Rs 123.33 billion at the end of June 2018. It was worth Rs 106.33 billion at the end of the September quarter. Smallcaps account for the largest number of his stock-picks.
Source: Capitaline, Compiled by BS Research Bureau. Note: Based on holdings
