Ashish Kacholia, Vijay Kedia beat Nifty in Q1

The stock market recovered significantly during the April-June quarter of FY27, with the Nifty index climbing around 6.9% following a sharp decline of over 14% in January-March. Despite this recovery, superstar investors managed to generate even higher returns.

Ashish Dhawan, India's top investor, saw his portfolio swell by nearly 40% to Rs 2,718 crore during the first quarter. Religare Enterprises, Equitas Small Finance Bank, and IIFL Finance formed the top three holdings in his portfolio as of June 30.

Ashish Kacholia followed closely, with his portfolio value rising by more than 39% to Rs 1,934 crore. He maintained his investments in Shaily Engineering Plastics, Knowledge Marine, and Safari Industries, but reduced his stake in several companies including Beta Drugs and Fineotex Chemical.

Vijay Kedia's portfolio also surged by over 36% to Rs 1,219 crore during the quarter. He adjusted his stake in several holdings such as Vaibhav Global and Websol Energy System, while selling shares in Global Vectra Helicorp. His top three holdings as of June 30 were Atul Auto, Neuland Laboratories, and Elecon Engineering.

Other notable investors included Akash Bhansali, whose portfolio jumped by 30% to Rs 7,501 crore, and Mukul Agrawal, whose portfolio increased by 28% to Rs 6,029 crore.