Dolly Khanna Latest Portfolio 2019

Rajiv Khanna, the man behind Dolly Khanna

Dolly Khanna Latest Portfolio 2019

 
Hawkins Cookers was his first multi-bagger. Khanna started accumulating the stock in 2007 and went on accumulating it  2009 at an average price of 130-140. Recently he existed the stock @ Rs 3,500, and the company has given him at least 70% of its profits as dividends.

Then, there was the real beginning of Rajiv Khanna. He went on to identify micro-cap winners such as Wimplast (more than 7 times in two years), Cera Sanitaryware (more than 7 times in two years ), RS Software (4 times in less than two years), and Avanti Feeds (more than 4 times in less than 6 months).

Khanna’s passion for picking stocks through extensive research can be traced back to his first job.  In the first decade of his investing career, gains from the market were modest. It was only after 2007 that the stakes started becoming bigger.

Khanna has held most of the stocks in his portfolio for a long time now but he has also played the momentum game. For instance, he had purchased 1% stake in Amara Raja Batteries worth Rs 13 crore in the June quarter of 2012 and sold the entire stake in less than six months for Rs 39 crore, making three times the profit. “I am just somebody who got lucky. People just see the profits we make, nobody knows the kind of hits we have taken.”

Strategy of Dolly Khanna

It all depends on the underlying market condition. Like in tennis you play different games on different courts — hard court, clay court and lawn, we also study the market situation and pick our stocks accordingly. It can be either a value stock, growth stock, momentum stock or buying based on technical study.