Sunil Singhania’s Latest Portfolio 2024: Investment Insights & Learnings

If you’ve been keeping an ear to the ground in the financial world, you’ve undoubtedly heard of Sunil Singhania’s impressive portfolio. It’s the talk of the town, and for a good reason. Abakkus Asset Managers, founded in September 2018, has been causing ripples in the stock market, and Sunil Singhania’s portfolio has been at the forefront of this financial whirlwind. Astonishingly, as of May 2022, Sunil Singhania’s portfolio has reached an astounding ₹1,829.78 crore, marking an incredible growth of nearly 8,105%. It’s no wonder everyone is buzzing about it.

So, what’s the secret behind Sunil Singhania’s phenomenal success? In this comprehensive article, we’ll unravel the mystery behind his investment prowess. We’ll delve into the stocks he’s chosen, scrutinize the composition of Sunil Singhania’s portfolio, and even examine his buying and selling activities in March 2023.

Table of Contents:

1. Introducing Sunil Singhania
2. The Abakkus Asset Managers Phenomenon
3. Exploring Sunil Singhania’s 2023 Portfolio
4. Sunil Singhania’s Notable Holdings
5. A Closer Look at Sunil Singhania’s Stock Selection
6. The Sectors in Sunil Singhania’s Crosshairs
7. Sunil Singhania’s 2023 Trading Activity
8. New Additions to Sunil Singhania’s Portfolio
9. Trimming Down: Stocks Reduced in Sunil Singhania’s Portfolio
10. The Rollercoaster Ride of Sunil Singhania’s Net Worth
11. Deciphering Sunil Singhania’s Investment Strategy
12. Learning from Sunil Singhania’s Investment Approach
13. Concluding Thoughts on Sunil Singhania’s Investment Mastery

1. Introducing Sunil Singhania: The Financial Maestro

Sunil Singhania is a prominent figure in the Indian financial industry, renowned for his expertise in portfolio management and investment strategies. Born into a middle-class family, Singhania played a pivotal role in propelling Reliance Mutual Fund into one of India’s largest asset management companies (AMCs). He managed the Reliance Growth Fund from its inception in 1995, overseeing its remarkable growth of 100 times. An accolade worth noting is that Singhania was the first Indian to serve on the CFA Global Board of Governors, a testament to his credentials as a Chartered Financial Analyst (CFA).

2. The Abakkus Asset Managers Phenomenon

Abakkus Asset Managers is a renowned investment management firm that has been making waves in the stock market, led by the expert stock-picker Sunil Singhania. Launched in September 2018, this firm has rapidly built a strong reputation for itself. What’s particularly striking about Abakkus is the outstanding performance of Sunil Singhania’s portfolio, which has captured the attention of many investors. However, Abakkus offers a wide array of financial services, including investment advisory, portfolio management services (PMS), mutual fund strategies, research and insights, and investor education.

As of June 2023, Sunil Singhania’s Abakkus portfolio has reached an incredible net worth of ₹2,451.3 crores, marking a staggering 33.96% absolute growth since the previous year. This remarkable success has left people curious and eager to learn more about the stocks he’s invested in and how he’s achieved such impressive results.

3. Exploring Sunil Singhania’s 2023 Portfolio

As per the latest corporate shareholdings filings, Sunil Singhania’s portfolio publicly holds 26 stocks with a net worth of over ₹2,451.3 crores. Here’s a snapshot of his holdings:

Sneak Peek into Sunil Singhania Portfolio 2023

This table provides an overview of the holdings in Sunil Singhania’s portfolio as of June 2023, including the company names, holding values in crore rupees, quantity held, and the percentage change in holdings.

4. Sunil Singhania’s Notable Holdings

Sunil Singhania’s investment strategy is characterized by a focus on long-term value investing. Some of the notable holdings in Sunil Singhania’s portfolio belong to a diverse range of companies from various sectors. Here are the top 7 Sunil Singhania picks:

Company Name / Shares Held / Value (in Cr)

• Ion Exchange (India) Ltd / 4,800,000 / ₹246.5
• Route Mobile Ltd / 1,612,457 / ₹247.2
• Hindware Home & Innovation Ltd / 3,538,341 / ₹179.0
• Mastek Ltd / 986,689 / ₹213.0
• Carysil Ltd / 1,570,492 / ₹100.6
• Technocraft Industries (India) Ltd / 647,796 / ₹123.9
• Sarda Energy & Minerals Ltd / 772,026 / ₹14.7

5. A Closer Look at Sunil Singhania’s Stock Selection

• Ion Exchange (India) Ltd: A leading manufacturer of ion exchange resins in India, essential in industries such as water treatment, pharmaceuticals, and food processing. This undervalued stock holds appeal for value investors like Sunil Singhania.
• Route Mobile Ltd: A leading provider of mobile-based business solutions used by banks, retailers, and government agencies, enjoying rapid growth in the digital age.
• Hindware Home & Innovation Ltd: A manufacturer of home improvement products like faucets and sanitaryware. Singhania sees value in this relatively undervalued company.
• Mastek Ltd: A provider of IT services and solutions catering to various sectors, well-positioned to benefit from India’s growing IT sector.
• Carysil Ltd: A manufacturer of sanitaryware and tiles, known for its strong brand. This stock also appears undervalued to Singhania.
• Technocraft Industries (India) Ltd: Engaged in manufacturing diverse products, including steel drums and scaffolding systems, benefiting from India’s infrastructure growth.
• Sarda Energy & Minerals Ltd: A key player in mining and metallurgy, spanning iron ore mining and power generation, with a focus on resource optimization.

6. The Sectors in Sunil Singhania’s Crosshairs

Sunil Singhania’s investment strategy revolves around long-term value investing. He seeks quality companies with strong fundamentals, holding them over extended periods to realize their intrinsic value. Here’s a breakdown of his sector-wise investments:

– Metals & Mining: Tied to the global economic cycle, this sector is essential for infrastructure and industrial development, influenced by commodity prices and economic conditions.

– Software & Services: With the increasing adoption of technology, this sector has been witnessing rapid growth, encompassing software development, IT services, and cloud computing.

– Cement and Construction: Linked to real estate and construction, this sector thrives on infrastructure development and urbanization.

– Consumer Durables: Comprising non-perishable goods like appliances and electronics, this sector’s performance is influenced by consumer spending and innovation.

7. Sunil Singhania’s 2023 Trading Activity

In the June quarter, Sunil Singhania embarked on an extensive buying spree, strategically positioning his portfolio to leverage emerging opportunities and optimize returns. Here, we’ll focus on both his additions and reductions in the portfolio:

New Additions to Sunil Singhania’s Portfolio in FY23:

• Dynamatic Technologies Ltd (DYTL): Singhania acquired 2.02 million shares of DYTL in the March quarter of FY23, increasing his stake to 0.08%. The stock has since risen by 43.3%.
• HIL Ltd (HIL): Singhania purchased 1.2 million shares of HIL in the March quarter of FY23, increasing his stake to 0.07%. The stock has risen by 14.2% since then.
• IIFL Securities Ltd (IIFL): Singhania acquired 1.05 million shares of IIFL in the March quarter of FY23, increasing his stake to 0.04%. The stock has risen by 16.7% since then.
• ADF Foods Ltd: Singhania added 2.02 million shares of ADF in the June quarter of FY23, increasing his stake to 0.03%. The stock has been on an upward trajectory since then.
• Sarda Energy & Minerals Ltd (SEML): Singhania purchased 1.05 million shares of SEML in the June quarter of FY23, increasing his stake to 1.01%. The stock has been gaining value since then.

8. Trimming Down: Stocks Reduced in Sunil Singhania’s Portfolio in FY23

Here’s a list of 6 stocks that were downsized in Sunil Singhania’s portfolio:

• Rajshree Polypack Ltd: Despite rapid growth in recent years, the stock’s relatively high valuation led to a -1.34% reduction in Singhania’s exposure.
• Technocraft Industries (India) Ltd: With consistent growth and a doubled stock price over the past five years, Singhania opted to reduce his exposure by -0.38%.
• The Anup Engineering Ltd: This pump and compressor manufacturer experienced a -0.23% reduction in Singhania’s portfolio.
• Siyaram Silk Mills Ltd: A leading silk textile manufacturer whose stock price had declined by more than 50% in five years, prompting a -0.21% reduction in Singhania’s holdings.
• Carysil Ltd: Despite its strong brand, Singhania decided to reduce his involvement by -0.19% in June 2023.
• AGI Greenpac Ltd: A manufacturer of packaging solutions for the food and beverage industry, Singhania selectively trimmed his position by -0.12%.

9. The Rollercoaster Ride of Sunil Singhania’s Net Worth

Sunil Singhania, the founder and managing director of Mumbai-based Abakkus Asset Management, boasts over two decades of experience in investment management. His net worth has experienced notable fluctuations over the years:

• In September 2018, Sunil Singhania’s net worth stood at ₹15.24 crore.
• It surged to ₹158.01 crore by March 2019 but dipped to ₹153.31 crore by September 2019.
• Thereafter, it experienced sharp growth, reaching ₹284.56 crore by December 2019 and peaking at ₹2,452.23 crore in September 2021.
• By August 2023, it receded to ₹2,211.71 crore, reflecting the inherent volatility of the Indian stock market. Despite this, Sunil Singhania continues to be one of India’s wealthiest investors.

10. Deciphering Sunil Singhania’s Investment Strategy

Sunil Singhania’s investment strategy primarily focuses on identifying undervalued companies with strong fundamentals and growth potential. He seeks stocks trading below their intrinsic value, based on factors such as earnings, cash flow, and book value. Singhania also takes into account macroeconomic trends and industry dynamics when constructing his portfolio.

11. Learning from Sunil Singhania’s Investment Approach

There are several valuable lessons to be learned from Sunil Singhania’s investment journey:

• Value Investing Approach: Singhania is known for his value investing approach, which involves identifying fundamentally strong companies undervalued by the market. This strategy aims for long-term capital appreciation by purchasing stocks below their intrinsic value.
• Long-Term Perspective: Singhania’s portfolio underscores the importance of a long-term investment horizon. He holds onto investments through market fluctuations, allowing time for chosen stocks to realize their full potential.
• Diversification: While Singhania maintains a concentrated portfolio, it spans various sectors, emphasizing the significance of diversification to manage risk while capitalizing on opportunities in different industries.
• Adaptability to Change: Sunil Singhania’s evolving portfolio highlights the importance of adaptability to shifting economic and industry dynamics. Adjusting investment choices based on changing circumstances is a valuable takeaway.
• Exercising Patience: Singhania’s ability to maintain long-term positions illustrates the virtue of patience in investing. Successful investing often demands resisting impulsive trades in response to short-term market fluctuations.

12. Concluding Thoughts on Sunil Singhania’s Investment Mastery

In conclusion, a deep dive into Sunil Singhania’s investment portfolio offers a treasure trove of insights and lessons for both novice and seasoned investors. His accomplishments extend beyond stock picks to the realm of mutual funds, where Sunil Singhania’s expertise and dedication shine. For those considering an investment in Abakkus Investment Advisors, the opportunity awaits through Sunil Singhania’s Stock basket. Invest in Abakkus Investment Advisors today to join the ranks of those intrigued by Sunil Singhania’s remarkable investment journey.