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Despite the major drops in wealth of top investors, some have successfully sailed against the wind and grown their wealth manifolds so far in the financial year 2024-25.
The top 10 investors have so far lost Rs 81,000 crore from their portfolios since October 01.
Indian stock market has continued the correction phase so far in 2025 that kicked off in late months of 2024. Foreign Institutional Investors (FIIs) have continued their selling spree from India’s secondary market and benchmark indices have fallen drastically from their record highs in recent times.
Nifty dropped almost 15 per cent from its record high of over 26k-mark. Likewise, BSE 30-Sensex fell 11 per cent from the record high of 85k-mark. The current trading levels of both indices as of February 18 are around 22,8200 and 75,500, respectively.
Wealthy and ace investors haven’t remained unscathed from the bloodbath in the equity market, leading to major declines in their net worth and investments in the stock market.
The top 10 investors have so far lost Rs 81,000 crore from their portfolios since October 01, according to PrimeInfoBase report.
Kedia, Damani Lost Substantial InvestmentÂ
Major investors including Vijay Kedia, Hitesh Doshi, Sachin Bansal, Radhkishan Damani, Akash Bhanshali, Ashish Kacholia, Anil Goel, and many more have lost up to -56 per cent of their investments in their portfolios amidst the correction phase.
D-Mart founder Radhakishan Damani’s portfolio fell by 28 per cent, according to a report by PrimeInfoBase, followed by Vishwas Patel by 27 per cent, and Anil Goel and Anuj Sheth both by 24 per cent.
Ashish Kacholi who have invested in Beta Drugs, Shaily Engineering and many more stocks, have lost -21.1 per cent of his investment in the correction phase in this financial year 2024-25.
Sailing Against The Wind
Despite the major drops in wealth of top investors, some have successfully sailed against the wind and grown their wealth manifolds so far in the financial year 2024-25. Rakesh Jhunjhunwala and Family’s portfolio rose by 28 per cent to Rs 68,182 crore in the quarter ended December 31, 2025. They benefitted from the listing of Inventurus Knowledge Solutions IPO.
Similarly, Manish Jain’s investment grew by 41 per cent till now in FY2024-25 thanks to Enviro Infra Engineers IPO in November. Jain currently holds a stake of about Rs 1,116 crore in Enviro Infra Engineers.
