Dolly Khanna is a well-known investor and has a great track record. In this article, we will look at Dolly Khanna net worth, portfolio, age and investment style and what makes her different from other investors.
Who is Dolly Khanna?
Dolly Rajeev Khanna is an Indian businesswoman and investor whose portfolio is managed by her husband Rajeev Khanna. She started her entrepreneurial journey with an ice cream venture called “Kwality Milk Foods” which was sold to Hindustan Unilever in 1995. The Chennai based couple is now fully focused on managing their investments.
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Dolly Khanna Age and Personal Life
Dolly Khanna was born in 1965 and is 59 years old now. Not much is known about her personal life but she has a science background and an MBA in finance. Dolly Khanna started investing in late 1990s and has since become a well-known stock picker in India. She is married to Rajiv Khanna who manages their investment portfolio.
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Dolly Khanna Portfolio – Investment Journey
It might come as a surprise to readers that the husband-wife duo, flush with cash after selling their venture, was initially uninitiated in stock market investments and preferred to keep their funds in fixed deposits.
Rajeev Khanna, a chemical engineer from IIT Madras, decided to invest in tech stocks on a whim and exited with good profits. But the subsequent tech meltdown in 2000 made him shift gears and start doing deeper research before investing. Although they didn’t do well initially, they struck gold with their investment in Unitech, a realty firm in Delhi in 2003. Within five years, this investment grew 500 times to INR 25 crore as the real estate market surged.
Another big success for the couple was Nilkamal Ltd, a leading plastic furniture manufacturer in India. In 2013 they invested in the company when the stock was at around INR 50 per share and made 6 times their investment in just 2 years.
They have also made good profits from investments in companies like Rain Industries, Repro India, Avanti Feeds, Thirumalai Chemicals and Heritage Foods.
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Dolly Khanna Latest Portfolio – Top Holdings
| Company | Shares held | Stock price (INR) | Value (INR crore) |
| Chennai Petroleum | 1,618,520 | 605.0 | 97.92 |
| Prakash Industries | 3,713,174 | 160.3 | 59.51 |
| Mangalore Chemicals | 2,068,360 | 180.5 | 37.33 |
| Prakash Pipes | 976,723 | 381.0 | 37.21 |
| Som Distilleries | 2,761,939 | 119.9 | 33.12 |
| Stove Kraft | 354,541 | 654.6 | 23.21 |
| Talbros Automotive | 702,475 | 238.8 | 16.78 |
| Emkay Global | 690,331 | 200.3 | 13.83 |
| Zuari Industries | 564,232 | 240.0 | 13.54 |
| 20 Microns | 450,392 | 189.4 | 8.53 |
| POCL Enterprises | 302,325 | 232.8 | 7.04 |
| KCP Sugar | 1,978,638 | 34.3 | 6.79 |
| Nile | 34,190 | 1390.0 | 4.75 |
| Rajshree Polypack | 852,621 | 22.7 | 1.94 |
| Savera Industries | 147,098 | 127.0 | 1.87 |
| Rajshree Sugars & Chem | 382,035 | 40.0 | 1.53 |
| National Oxygen | 61,427 | 102.6 | 0.63 |
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Dolly Khanna Net Worth
As of March 2025, Dolly Khanna’s investment portfolio shows several changes compared to March 2024. His largest holding is in Chennai Petroleum, valued at INR 97.92 crore. Additionally, Prakash Pipes has decreased its value from INR 37.3 crore, now comprising 0.8% of the portfolio compared to 1.2% a year ago.
Overall, Dolly Khanna’s portfolio shows strategic adjustments with new entries and exits in existing holdings, she is still focused on companies with growth potential and actively managing her investments between March 2024 and March 2025.
Dolly Khanna Portfolio – Investment Style
Dolly Khanna’s investment style is unique and different from others. She invests in small and mid cap companies in traditional sectors which have high growth potential and a proven track record. She evaluates various factors beyond financials and quality of management and consciously avoids new age sectors like IT and media. She is also known for her “buy and hold” strategy.
A look at Dolly Khanna’s portfolio shows her preference for sectors like chemicals, manufacturing, liquor, textiles and sugar – sectors which have strong business continuity and are resilient to disruptions. Undervaluation is another criteria for any stock to be in her portfolio.
Note: Dolly and Rajeev don’t make frequent media appearances to promote their holdings or new picks. This helps them avoid unnecessary scrutiny and accumulate big shares without pumping up the stock prices.
Dolly Khanna’s investment style has given her huge returns. Her style of investing is in small-cap and mid-cap companies with high growth potential which has been the key to her success. Investors can learn from Dolly Khanna’s investment history to improve their investment habits.
Dolly Khanna Net Worth
According to corporate reports filed for the March 2025 quarter, Dolly Khanna net worth from the equity investments was around INR 365.51 crore. This net worth keeps changing based on price fluctuations on BSE and NSE. This includes only the companies where her shareholding exceeds 1%.
As of the date of writing this article, Dolly Khanna’s net worth tied to the stock market was largely divided into a highly concentrated portfolio of 17 stocks with an average shareholding of INR 21.50 crore.
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Dolly Khanna Net Worth FAQs
Is there a Dolly Khanna Wikipedia page?
Currently, there is no dedicated Wikipedia page for investor Dolly Khanna.
What is Dolly Khanna date of birth?
Dolly Khanna was born in 1965, making her 59 years old as of 2025.
Who is Dolly Khanna’s husband?
Dolly Khanna’s husband, Rajiv Khanna, is an IIT Madras graduate who manages her stock investments, focusing on small-cap opportunities.