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Ashish Dhawan is a philanthropist and former private equity investor from India. He is considered one of India's richest investors and notable philanthropists. Ashish Dhawan’s portfolio includes top-tier stocks that have contributed significantly to his net worth exceeding ₹3,187.3 crore.
Background of Ashish Dhawan
Ashish Dhawan holds an MBA from Harvard Business School and a Bachelor's degree in Applied Mathematics from Yale University.
Dhawan co-founded and ran one of India's leading private equity funds known as Chrysalis Capital (ChrysCapital). He is also the founder-CEO of the Convergence Foundation and founder-chairperson of the Central Square Foundation. He is known for his work in the education sector and is also the co-founder of Ashoka University. Ashish Dhawan has served on the board of trustees of the Bill & Melinda Gates Foundation since 2022. Dhawan's net worth is approximately $800 million. His achievements made him a superstar investor.
Dhawan is known for his active involvement in philanthropy. He has committed a significant portion of his wealth to philanthropic initiatives in the education sector. Ashish Dhawan has also authored a book titled "The Promise of India: How Prime Ministers Nehru to Modi Shaped the Nation (1947-2019)." The book provides information about the political and economic history of India from 1947 to 2019.
Ashish Dhawan’s Investment Philosophy
Ashish Dhawan’s investment philosophy is characterized by a diversified approach to his portfolio. He emphasizes the importance of learning from challenges and making positive changes in society. Dhawan's investment philosophy is reflected in his ability to pick stocks that outperform the market. His investment principles and strategies include:
Diversification
Ashish Dhawan adopts a diversified approach to his portfolio. He expands his investments across various stocks to reduce risk and increase diversification.
Stock Selection
Ashish Dhawan’s portfolio includes a range of sectors such as computers, hardware, software, FMCG, banking, healthcare, and IT. These sectors show his ability to invest across different industries.
Continuous Learning
Dhawan's investment philosophy emphasizes learning from challenges and failures which has contributed to his success in the investment world.
Asset Allocation
The following points breakdown the asset allocation of Ashish Dhawan’s portfolio:
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Composition of Portfolio:
Dhawan's portfolio consists of stocks from multiple sectors His holdings include companies from sectors such as computers, FMCG, banking, healthcare, and IT.
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Percentage Allocation:
His portfolio does not focus on specific percentage allocation to stocks. It focuses on stocks with a significant allocation to different companies across different sectors.
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Trends or Shifts:
Ashish Dhawan has demonstrated a trend of diversifying his portfolio by increasing the number of stocks held. For example, in 2018, he expanded his investments across various stocks to reduce risk and increase diversification. He added three new stocks to his portfolio. This trend indicates a strategic shift towards diversification and risk management in his asset allocation strategy.
Top Stock Holdings of Ashish Dhawan’s Portfolio
Ashish Dhawan holds 12 stocks that stocks are explained below,
Palred Technologies Ltd.
Palred Technologies Ltd is a public-listed company on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). His portfolio includes 678,189 shares which represents 5.54% of the company with a holding value of 11.67 Crores.
Arvind Fashions Ltd.
Arvind Fashions Ltd is a leading lifestyle company in India that offers a wide array of fashion brands in the country. Ashish Dhawan holds 6,564,065 shares which represents 4.94% of the company with a holding value of 271.19 Crores.
AGI Greenpac Ltd.
AGI Greenpac Ltd is a packaging products company based in India. Dhawan has 3,100,000 shares which represents 4.79% of the company with a holding value of 299.72 Crores.
RPSG Ventures Ltd.
RPSG Ventures Ltd is a part of the RP-Sanjiv Goenka Group that operates a diversified portfolio of businesses including information technology (IT) services, business process management (BPM), fast-moving consumer goods (FMCG) including ayurvedic formulations, real estate, and sports. Ashish Dhawan portfolio includes 1,234,286 shares which represents 4.18% of the company with a holding value of 75.50 Crores.
Quess Corp Ltd.
Quess Corp Limited is India's leading business services provider that provides a wide range of technology-enabled staffing and managed outsourcing services across 9 countries. Ashish holds 5,861,223 shares which represents 3.95% of the company with a holding value of 286.41 Crores.
Greenlam Industries Ltd.
Greenlam Industries Ltd is a leading manufacturer of surfacing solutions in India. Dhawan holds 4,814,210 shares which represents 3.79% percent of the company with a holding value of 273.11 Crores.
Equitas Small Finance Bank Ltd.
Equitas Small Finance Bank Ltd is a small finance bank founded in 2016 as a microfinance lender. Ashish’s portfolio includes 40,370,000 shares which represent 3.60% of the company with a holding value of 392.80 Crores.
IDFC Ltd.
IDFC Ltd. is a prominent development finance institution based in India under the Department of Financial Services, Government of India. Ashish holds 56,000,000 shares which represent 3.50% of the company with a holding value of 660.80 Crores.
Glenmark Pharmaceuticals Ltd.
Glenmark Pharmaceuticals Limited is a multinational pharmaceutical company based in Mumbai, India. Dhawan’s portfolio includes 7,200,000 shares which represents 2.55% of the company with a holding value of 558.68 Crores.
Religare Enterprises Ltd.
Religare Enterprises Ltd. is an India-based diversified financial services group that provides a wide range of financial products and services such as SME finance, health insurance, and asset management. Ashish Dhawan holds 7,605,608 shares which represent 2.32% of the company with a holding value of 165.35 Crores.
Dish TV India Ltd.
Dish TV India is a subscription-based satellite television provider based in Noida, Uttar Pradesh. Ashish holds 28,957,491 shares which represents 1.57% of the company with a holding value of 56.03 Crores.
Mahindra & Mahindra Financial Services Ltd.
Mahindra & Mahindra Financial Services is a non-banking financial company based in Mumbai, India. Dhawan holds 14,600,000 shares which represents 1.18% of the company with a holding value of 399.75 Crores.
The Sector-Wise Breakup of Stock Holdings
The sector-wise breakup of Ashish Dhawan's stock holdings in his portfolio includes significant exposure to various sectors such as finance, media, pharmaceuticals, technology, and more. The specific sector-wise allocation and holdings are as follows:
- Miscellaneous: 25%
- Media & Entertainment: 8%
- Finance-Investments: 8%
- Computers-Software Medium & Small: 8%
- Bank-Private: 8%
- Engineering: 8%
- Pharmaceuticals: 8%
Performance of the Portfolio
Ashish Dhawan’s portfolio is rich with quality stocks. As of June 2023, these stocks have significantly contributed to his net worth which exceeded Rs. 3,187.3 crore. He has managed his portfolio effectively and increased it exponentially within a few years. This shows his successful investment strategies and proactive approach to managing his holdings.
Final Words
Ashish Dhawan has a diversified and well-managed portfolio. It shows his strategic approach to wealth creation. Dhawan has also contributed significantly to the sectors he invests in through quality stocks and commitment towards learning and diversification. Ashish Dhawan portfolio's performance against benchmarks and notable achievements highlights his ability in the investment industry. These achievements made him a notable figure among India's investors and philanthropists.