These smallcap stocks of Akash Bhanshali gave above 100% return in 2021. Do you own them?

While S&P BSE smallcap index is 55% up in 2021, the top holdings of Akash Bhanshali had outperformed the Sensex with huge returns of above 100% from his two smallcap picks.

With an astronomical return of 122% from one of his smallcap picks, Akash Bhanshali is surely catching the attention of investors.

Portfolio outperformers of Akash Bhanshali in 2021

1. Akash Bhanshali has a stake of 2.5% in this smallcap business engaged in manufacturing and sale of forged components of automobiles, railway, wagons and engineering parts, Ramkrishna Forgings Ltd. The portfolio worth is Rs 85.3 crore, quantity held is 8,10,82 shares. The stock has surged from Rs 473 to Rs 1,050 in 2021, which in 10 months registered a 122% return. This is among the top 10 holding of his portfolio, where there is no change in the September quarter.

2. The second outperformer is another smallcap business Inox wind Ltd which is one of the largest manufacturers of Wind Turbine Generators (WTGs) in India. He has a stake of around 5%. The portfolio worth is Rs 49.3 crore, quantity held is 5,49,518 shares. The stock has surged from Rs 64 to Rs 139 in 2021 which is in a period of 10 months registered 116% return, where there is no change in the September quarter.

Background

Akash Bhanshali leads the principal investments unit of Enam Holdings which is a privately managed principal investment group. He is recognized for identifying the potential of mid-size businesses and providing them capital and expertise to scale. He has identified and invested in business leaders across numerous industries who have turned their companies into sector icons. He has a Master’s degree in Commerce and is a qualified Chartered Accountant.

As per corporate shareholdings filed for September 30, 2021, Akash Bhanshali publicly holds 15 stocks with a net worth of over Rs 1,257.6 crore.

June – September quarter

Increase in holding

1. Bought smallcap company Arvind Fashions Ltd with a holding value of Rs 264 crore  

Decrease in holding

1.Sudharsan chemical - 3.9% sold  

2.Mahindra logistics Ltd - 0.5% sold  

3.Welspun corporation - 0.31% sold