Rakesh Jhunjhunwala's equity portfolio where the late ace investor held stake of over 1 per cent in companies – either in his name or jointly with his wife, Rekha Jhunjhunwala at the end of January – March 2023 quarter (Q4-FY23) – has outperformed the market thus far in financial year 2023-24 (FY24) with a rise of 11 per cent. The S&P BSE Sensex and the Nifty 50, in comparison, have gained around 6 per cent and 6.7 per cent, respectively during this period.
At an aggregate level, the portfolio that was valued at Rs 32,445 crore as on March 31,