{"id":918438,"date":"2026-07-08T22:19:12","date_gmt":"2026-07-09T03:19:12","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/08\/ace-investors-take-a-hit-on-portfolios-in-march-quarter\/"},"modified":"2026-07-08T22:19:12","modified_gmt":"2026-07-09T03:19:12","slug":"ace-investors-take-a-hit-on-portfolios-in-march-quarter","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/08\/ace-investors-take-a-hit-on-portfolios-in-march-quarter\/","title":{"rendered":"Ace investors take a hit on portfolios in March quarter"},"content":{"rendered":"<div tabindex=\"-1\">\n<header>\n<div>\n<p><a href=\"http:\/\/economictimes.indiatimes.com\/\" title=\"The Economic Times\"><img decoding=\"async\" fetchpriority=\"high\" alt=\"The Economic Times\" width=\"274\" height=\"26\" src=\"https:\/\/img.etimg.com\/photo\/msid-76920425,quality-100\/et-logo.jpg\"><\/a><a href=\"http:\/\/economictimes.indiatimes.com\/markets\" title=\"ET Markets\"><img decoding=\"async\" fetchpriority=\"high\" src=\"https:\/\/img.etimg.com\/photo\/msid-76920540,quality-100\/et-markets-logo.jpg\" alt=\"ET Markets\" width=\"122\"><\/a><\/p>\n<\/div>\n<\/header>\n<div data-key data-et=\"2026-06-27 19:35:23.610\" data-ga-category=\"WEB Articleshow Clicks\" data-blacklist=\"0\" data-article_id=\"131379683\" data-hostid=\"153\" data-artitype=\"ET Free\" data-artdate=\"May 29, 2026, 06:15:00 AM IST\" data-arttitle=\"Ace investors take a hit on portfolios in March quarter\" data-artseo=\"markets\/stocks\/news\/ace-investors-take-a-hit-on-portfolios-in-march-quarter\" data-agency=\"ET Bureau\" data-authors=\"Ruchita Sonawane\" data-artidate=\"May 29, 2026, 06:15:00 AM IST\" data-hyp1=\"Investors,Portfolios,market,Hemendra Kothari,Mukul Agrawal,Madhusudan Kela,Rakesh Jhunjhunwala\" data-keywords=\"Investors,Portfolios,market,Hemendra Kothari,Mukul Agrawal,Madhusudan Kela,Rakesh Jhunjhunwala\" data-publish-type=\"Native - 131379683\" data-audcnt=\"No\" data-vidcnt=\"No\" data-authorids=\"479262407\" data-age=\">72hrs&#8221; data-no-of-words=&#8221;96.0&#8243; data-subsec2=&#8221;2146842&#8243;><\/p>\n<div>\n<div>\n<p>Ace investors take a hit on portfolios in March quarter<\/p>\n<\/div>\n<p>By <\/p>\n<p>Ruchita Sonawane<\/p>\n<p>, <span>ET Bureau<\/span><span><\/span><time data-dt=\"1780015980000\">Last Updated: May 29, 2026, 06:23:00 AM IST<\/time><\/p>\n<\/div>\n<div>\n<div>\n<p>Synopsis<\/p>\n<p>Top Indian investors saw their portfolios shrink in the first quarter. Hemendra Kothari and Mukul Agrawal experienced over 25% declines. Madhusudan Kela&#8217;s holdings fell 21%. The portfolios of Rakesh Jhunjhunwala&#8217;s family and Anil Kumar Goel were least affected. This period marked a sharp market downturn impacting many.<\/p>\n<\/div>\n<article competitionclients currency_ad=\"1\" data-apw=\"1\" can_gam_vdoai_india=\"0\">\n<div>\n<figure><img loading=\"lazy\" decoding=\"async\" height=\"158\" width=\"210\" alt=\"investors\" src=\"https:\/\/img.etimg.com\/thumb\/msid-131379681,width-210,height-158,imgsize-16770,resizemode-75\/investors.jpg\"><span>IANS<\/span><figcaption>\n<p>The portfolios of the late Rakesh Jhunjhunwala\u2019s family and Anil Kumar Goel\u2019s were the least impacted in this period.<\/p>\n<\/figcaption><\/figure>\n<\/div>\n<div data-brcount=\"8\">\n<p>Some of India\u2019s best-known individual <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"http:\/\/economictimes.indiatimes.com\/topic\/investors\" target=\"_blank\">investors<\/a> saw sharp cuts in portfolio values in January-March amid the sharp broad <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"http:\/\/economictimes.indiatimes.com\/topic\/market\" target=\"_blank\">market<\/a> decline in March. <\/p>\n<p><a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"http:\/\/economictimes.indiatimes.com\/topic\/hemendra-kothari\" target=\"_blank\">Hemendra Kothari<\/a> and <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"http:\/\/economictimes.indiatimes.com\/topic\/mukul-agrawal\" target=\"_blank\">Mukul Agrawal<\/a> emerged as the worst hit among the prominent investors tracked, with the value of their holdings dropping over 25% during the quarter. <\/p>\n<p><a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"http:\/\/economictimes.indiatimes.com\/topic\/madhusudan-kela\" target=\"_blank\">Madhusudan Kela<\/a>\u2019s portfolio declined 21%, according to a study, based on data from primeinfobase.com. Holdings where investors owned more than 1% equity in listed companies have been considered. <\/p>\n<p><\/p>\n<p>The <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"http:\/\/economictimes.indiatimes.com\/topic\/portfolios\" target=\"_blank\">portfolios<\/a> of the late <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/markets\/rakesh-jhunjhunwala\">Rakesh Jhunjhunwala<\/a>\u2019s family and Anil Kumar Goel\u2019s were the least impacted in this period.<\/p>\n<p>  <\/p>\n<div data-align data-msid=\"131379706\" data-type=\"image\">\n<figure><img decoding=\"async\" title=\"Screenshot 2026-05-29 062110\" alt=\"Screenshot 2026-05-29 062110\" src=\"https:\/\/img.etimg.com\/photo\/msid-131379706\/screenshot-2026-05-29-062110.jpg\" data-msid=\"131379706\" data-original=\"https:\/\/img.etimg.com\/photo\/msid-131379706\/screenshot-2026-05-29-062110.jpg\"><span>Agencies<\/span><\/figure>\n<\/div>\n<\/div>\n<div>\n<div>\n<p>(What&#8217;s moving <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/sensex_30_companies\">Sensex<\/a> and <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/nifty_50_companies\">Nifty<\/a> Track <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\">latest market news<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/recos\">stock tips<\/a>, <a href=\"http:\/\/economictimes.indiatimes.com\/budget\">Budget 2025<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/live-blog\/bse-sensex-today-live-updates-nifty-50-stock-market-on-union-budget-2025-nirmala-sitharaman-speech-01-february-2025\/liveblog\/117809746.cms\">Share Market on Budget 2025<\/a> and <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/expert-view\">expert advice<\/a>, on <a href=\"https:\/\/economictimes.indiatimes.com\/markets\">ETMarkets<\/a>. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, <a rel=\"nofollow\" href=\"https:\/\/t.me\/joinchat\/J60pKE7SOStsj5sI8nDmHQ\" target=\"_blank\">subscribe to our Telegram feeds<\/a> .)<\/p>\n<p>Subscribe to <a rel=\"nofollow\" href=\"https:\/\/buy.indiatimes.com\/ET\/plans\">ET Prime<\/a> and read the <a rel=\"nofollow\" href=\"https:\/\/epaper.indiatimes.com\/timesepaper\/publication-the-economic-times,city-delhi.cms\">Economic Times ePaper<\/a> Online.and <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/live-blog\/bse-sensex-today-live-nifty-stock-market-updates-5-june-2024\/liveblog\/110717623.cms\">Sensex Today<\/a>.<\/p>\n<p>Top Trending Stocks: <a href=\"https:\/\/economictimes.indiatimes.com\/state-bank-of-india\/stocks\/companyid-11984.cms\">SBI Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/axis-bank-ltd\/stocks\/companyid-9175.cms\">Axis Bank Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/hdfc-bank-ltd\/stocks\/companyid-9195.cms\">HDFC Bank Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/infosys-ltd\/stocks\/companyid-10960.cms\">Infosys Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/wipro-ltd\/stocks\/companyid-12799.cms\">Wipro Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/ntpc-ltd\/stocks\/companyid-12316.cms\">NTPC Share Price<\/a><\/p>\n<\/div>\n<p><span><span>&#8230;<\/span>more<\/span><span>less<\/span><\/p>\n<\/div>\n<div>\n<div>\n<p><em>(You can now subscribe to our <a rel=\"nofollow\" href=\"https:\/\/www.whatsapp.com\/channel\/0029VaAr2nxHbFV91x3BKx10\" target=\"_blank\" data-ga-onclick=\"WhtsApChnl#Click_Web#Markets\">ETMarkets WhatsApp channel<\/a>)<br \/><\/em><\/p>\n<\/div>\n<div>\n<p>(What&#8217;s moving <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/sensex_30_companies\">Sensex<\/a> and <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/nifty_50_companies\">Nifty<\/a> Track <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\">latest market news<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/recos\">stock tips<\/a>, <a href=\"http:\/\/economictimes.indiatimes.com\/budget\">Budget 2025<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/live-blog\/bse-sensex-today-live-updates-nifty-50-stock-market-on-union-budget-2025-nirmala-sitharaman-speech-01-february-2025\/liveblog\/117809746.cms\">Share Market on Budget 2025<\/a> and <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/expert-view\">expert advice<\/a>, on <a href=\"https:\/\/economictimes.indiatimes.com\/markets\">ETMarkets<\/a>. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, <a rel=\"nofollow\" href=\"https:\/\/t.me\/joinchat\/J60pKE7SOStsj5sI8nDmHQ\" target=\"_blank\">subscribe to our Telegram feeds<\/a> .)<\/p>\n<p>Subscribe to <a rel=\"nofollow\" href=\"https:\/\/buy.indiatimes.com\/ET\/plans\">ET Prime<\/a> and read the <a rel=\"nofollow\" href=\"https:\/\/epaper.indiatimes.com\/timesepaper\/publication-the-economic-times,city-delhi.cms\">Economic Times ePaper<\/a> Online.and <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/live-blog\/bse-sensex-today-live-nifty-stock-market-updates-5-june-2024\/liveblog\/110717623.cms\">Sensex Today<\/a>.<\/p>\n<p>Top Trending Stocks: <a href=\"https:\/\/economictimes.indiatimes.com\/state-bank-of-india\/stocks\/companyid-11984.cms\">SBI Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/axis-bank-ltd\/stocks\/companyid-9175.cms\">Axis Bank Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/hdfc-bank-ltd\/stocks\/companyid-9195.cms\">HDFC Bank Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/infosys-ltd\/stocks\/companyid-10960.cms\">Infosys Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/wipro-ltd\/stocks\/companyid-12799.cms\">Wipro Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/ntpc-ltd\/stocks\/companyid-12316.cms\">NTPC Share Price<\/a><\/p>\n<\/div>\n<p><span><span>&#8230;<\/span>more<\/span><span>less<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/ace-investors-take-a-hit-on-portfolios-in-march-quarter\/articleshow\/131379683.cms\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ace investors take a hit on portfolios in March quarter By Ruchita Sonawane , ET Bureau Last Updated: May 29, 2026, 06:23:00 AM IST Synopsis Top Indian investors saw their portfolios shrink in the first quarter. Hemendra Kothari and Mukul Agrawal experienced over 25% declines. Madhusudan Kela&#8217;s holdings fell 21%. The portfolios of Rakesh Jhunjhunwala&#8217;s<\/p>\n","protected":false},"author":1,"featured_media":918439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23976,101694],"tags":[5038,14006],"class_list":["post-918438","post","type-post","status-publish","format-standard","has-post-thumbnail","category-investors","category-portfolios","tag-investors","tag-portfolios"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/918438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=918438"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/918438\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/918439"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=918438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=918438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=918438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}