24,900% Growth: Unveiling the Ace Investors with the Highest Returns

Published: March 15, 2026 | Category: real estate news
24,900% Growth: Unveiling the Ace Investors with the Highest Returns

The Indian equity markets have experienced significant volatility, with the SENSEX and NIFTY currently at 74,500 and 23,150 points, respectively. Despite a weekly decline of over 2.5% due to rising Middle East tensions, the broader market has shown structural resilience over the long term.

Over the past decade, the NIFTY 50 and the SENSEX have surged by about 200%. This period has been a significant wealth-creation cycle for disciplined, long-term investors. Seasoned investors like Mukul Agrawal, Radhakishan Damani, and others have built substantial wealth by sticking to their core investment styles and identifying high-potential opportunities.

Ashish Kacholia

Often called the “Whale” of the mid-cap world, Ashish Kacholia is known for spotting under-the-radar companies early. He focuses on high-growth manufacturing and specialized sectors with a sharp eye for value. His top holdings include Shaily Engineering, Jain Resource Recycling, and Safari Industries, with holding values of Rs 464 Cr, Rs 167 Cr, and Rs 143 Cr, respectively. Kacholia’s portfolio, which was around Rs 390 Crore 10 years ago, has surged by 500% to stand at the current value of Rs 2,340 crore, and he currently holds 50 stocks in his portfolio.

Mukul Agrawal

Mukul Agrawal is a seasoned investor known for his aggressive and diversified investment style. He tends to back riskier bets in the small-cap space that offer high-reward potential and rapid growth. His top holdings include Neuland Laboratories, Radico Khaitan, and ASM Technologies, with holding values of Rs 492 Cr, Rs 396 Cr, and Rs 334 Cr, respectively. Agrawal’s portfolio, which was Rs 220 Crore 10 years ago, has surged by 2700% to stand at the current value of Rs 6,100 crore, and he currently holds 72 stocks in his portfolio.

Vijay Kedia

Vijay Kedia is a renowned Indian value investor and founder of Kedia Securities. Known for his “SMILE” philosophy, he identifies small-cap companies early and holds them for long-term multi-bagger returns. His top holdings include Atul Auto, Neuland Laboratories, and Elecon Engineering, with holding values of Rs 236 Cr, Rs 158 Cr, and Rs 85 Cr, respectively. Kedia’s portfolio, which was Rs 194 Crore 10 years ago, has surged by 430% to stand at the current value of Rs 1,028 crore, and he currently holds 17 stocks in his portfolio.

Rekha Jhunjhunwala

Rekha Jhunjhunwala manages one of India’s most influential portfolios, carrying forward a massive legacy. Her holdings are characterized by long-term stakes in blue-chip giants and market leaders across various industries. Her top holdings include Titan Company, Star Health, and Fortis Healthcare, with holding values of Rs 19,370 Cr, Rs 4,208 Cr, and Rs 2,572 Cr, respectively. Jhunjhunwala’s portfolio, which was Rs 1,600 Crore 10 years ago, has surged by 2725% to stand at the current value of Rs 45,200 crore, and she currently holds 27 stocks in her portfolio.

Radhakishan Damani

The founder of DMart and a legendary value investor, Damani is known for his “low profile, high impact” philosophy. He prioritizes business fundamentals and long-term sustainability over market noise. His top holdings include Avenue Supermarts, VST Industries, and 3M, with holding values of Rs 1,74,474 Cr, Rs 1,086 Cr, and Rs 561 Cr, respectively. Damani’s portfolio, which was Rs 1,530 Crore 10 years ago, has surged by 10800% to stand at the current value of Rs 1.7 lakh Crore, and he currently holds 9 stocks in his portfolio.

Dolly Khanna

Dolly Khanna is a Chennai-based investor celebrated for her ability to identify multibagger small-cap stocks. Alongside her husband Rajiv Khanna, she focuses on niche manufacturing, chemicals, and consumer-facing businesses with strong fundamentals. Her top holdings include Prakash Industries, GHCL, and Som Distilleries, with holding values of Rs 58 Cr, Rs 45 Cr, and Rs 32 Cr, respectively. Khanna’s portfolio, which was Rs 105 Crore 10 years ago, has surged by 95% to stand at the current value of Rs 205 crore, and she currently holds 10 stocks in her portfolio.

Madhusudan Kela

A veteran strategist and founder of MK Ventures, Kela is celebrated for his deep understanding of macro trends. He has a knack for identifying turnaround stories and significant wealth-creation opportunities. His top holdings include Choice International, MK Ventures Capital, and Windsor Machines, with holding values of Rs 1,025 Cr, Rs 234 Cr, and Rs 152 Cr, respectively. Kela’s portfolio, which was Rs 8 Crore 10 years ago, has surged by 24900% to stand at the current value of Rs 2,000 crore, and he currently holds 15 stocks in his portfolio.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article.

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Frequently Asked Questions

1. What is the current value of the SENSEX and NIFTY?
As of the latest data, the SENSEX is at 74,500 and the NIFTY is at 23,150 points.
2. Who are some of the top ace investors in India?
Some of the top ace investors in India include Ashish Kacholia, Mukul Agrawal, Vijay Kedia, Rekha Jhunjhunwala, Radhakishan Damani, Dolly Khanna, and Madhusudan Kela.
3. What is the 'SMILE' philosophy of Vijay Kedia?
The 'SMILE' philosophy of Vijay Kedia stands for identifying small-cap companies early and holding them for long-term multi-bagger returns.
4. How much has Radhakishan Damani's portfolio grown over the past decade?
Radhakishan Damani's portfolio has grown by 10800%, from Rs 1,530 Crore to Rs 1.7 lakh Crore over the past decade.
5. What is the investment style of Mukul Agrawal?
Mukul Agrawal is known for his aggressive and diversified investment style, focusing on riskier bets in the small-cap space that offer high-reward potential and rapid growth.