In this comprehensive article, we delve into the intriguing world of Basant Maheshwari’s net worth. As a renowned financial expert and investor, Basant Maheshwari has achieved remarkable success in the field of finance and investments. Join us as we explore the life and financial journey of this prominent figure, uncovering his net worth, investment strategies, and the secrets behind his prosperity.
Introduction
Basant Maheshwari, a name synonymous with success in the world of finance, has carved a niche for himself through his exceptional investment acumen and astute financial decisions. This article will take you on a captivating journey through his life and career, shedding light on the financial empire he has built.
Basant Maheshwari Net Worth
Basant Maheshwari, co-founder and partner at Basant Maheshwari Wealth Advisers LLP, has made significant gains by investing in stocks such as Pantaloons, Page Industries, Bajaj Finance, and DMart. His impressive net worth is estimated to be more than Rs. 1,281.2 crores. His journey in the stock market has been marked by calculated risks and diversification, leading to substantial wealth creation. 📈💰
Early Life and Education
Basant Maheshwari was born on June 7, 1970, in Kolkata, India. He is 54 years old. He completed his graduation in commerce from St. Xavier’s College, Kolkata, and later pursued his MBA from the Indian Institute of Management (IIM), Bangalore. His educational background laid a strong foundation for his future success in finance.
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Basant Maheshwari Age, Bio
As of my last update in January 2024, Basant Maheshwari was born on July 4, 1970. Therefore, if we consider the current date to be March 29, 2024, Basant Maheshwari would be around 54 years old. Please note that this information may have changed, so it’s always a good idea to verify from a reliable source for the most up-to-date information.
| Name | Basant Maheshwari |
| Nickname | Basant |
| Age | 54 |
| Profession | Indian Investor, Author, Co-Founder, Partner at Partner at Basant Maheshwari Wealth Adviser Limited |
| Date Of Birth | 07June1970 |
| Zodiac Sign | Not Known |
| Nationality | Indian |
| Birthplace | Kolkata |
| Hometown | Kolkata |
Entry into the World of Finance
After completing his MBA, Basant Maheshwari embarked on his financial journey by joining a prominent financial institution. His initial experiences in the financial sector were instrumental in shaping his investment philosophy and strategies.
Investment Philosophy
Basant Maheshwari’s net worth is a result of his unique investment philosophy. He is known for adopting a growth investing approach. His investment strategies revolve around identifying and investing in companies with robust growth potential, solid financials, and competent management. This approach has been a key driver of his wealth accumulation.
Achievements and Wealth
Basant Maheshwari’s achievements in the world of finance are numerous. He co-founded Basant Top 10, a research and advisory firm that provides valuable insights to investors. His successful career in finance, coupled with prudent investments, has contributed significantly to his impressive net worth.
Investment Wisdom
One of the secrets to Basant Maheshwari’s net worth is his ability to impart investment wisdom. He is an author, known for his books like “The Thoughtful Investor” and “The Thoughtful Investor: 2.” These books offer valuable insights and guidance to aspiring investors, further establishing his authority in the financial world.
Investment Strategies
Basant Maheshwari’s investment strategies have played a pivotal role in amassing his wealth. He focuses on long-term investments and has an eye for identifying promising stocks. His investment decisions are based on thorough research, market analysis, and a deep understanding of economic trends.
Basant Maheshwari Net Worth Growth
Basant Maheshwari’s net worth has experienced significant growth over the years. His ability to identify multi-bagger stocks and invest wisely has led to exponential wealth accumulation. His success stories and the wealth he has generated for his clients have established him as a trusted financial advisor.
How to contact Basant Maheshwari?
- Basant Maheshwari Wealth Advisers LLP:
- Address: Cg – 119, Sector – II, Salt Lake City, Kolkata, West Bengal 700091.
- Phone Number: +91 33 6625 2088.
- This firm focuses on investing in companies with predictable and consistent earnings, aiming for above-average earnings growth over longer periods. They offer portfolio management services tailored to individual requirements and financial goals.
- Email and Phone Number:
- You can reach out to Basant Maheshwari via email at info@theequitydesk.com or call +91 2249707226.
- Media Channels:
- Basant Maheshwari is a regular contributor on various media channels, including CNBC TV18, ET Now, Bloomberg Quint, CNBC Awaaz, and Zee Business
What are the stocks in the Basant Maheshwari Smallcase portfolio?
Basant Maheshwari, a seasoned investor with over 30 years of experience, has curated a well-researched portfolio that aims to participate in megatrends and capitalize on high-growth opportunities. Although his portfolios are currently not open for new subscribers, let’s delve into the investment philosophy and some of the stocks he has favored in the past:
- Investment Philosophy:
- Basant focuses on identifying high-growth stocks that lead their sectors and exhibit the potential for rapid earnings growth and strong return on equity.
- He emphasizes quality franchises with competent management.
- The goal is to invest in stocks that will become cheap due to underlying business growth, rather than merely buying cheap stocks.
- Past Wealth-Creating Ideas:
- Basant’s stock picks have included:
- Pantaloon Retail
- Page Industries
- Titan Industries
- Hawkins Cooker
- Gruh Finance
- Repco Home Finance
- Canfin Homes
- Bajaj Finance
- Avenue Supermarts (DMart)
- Basant’s stock picks have included:
- Portfolio Characteristics:
- The portfolio is designed to be concentrated and typically includes around 12 stocks.
- It spans various sectors and market caps.
- Weightage is adjusted based on a simple formula (100 divided by the number of stocks).
- Maximum weightage: 50% above the calculated value.
- Minimum weightage: 50% below the calculated value.
What are his recent stock picks?
Basant Maheshwari, a seasoned investor with over 30 years of experience, has a knack for spotting multi-bagger stocks. While his portfolios are currently not open for new subscribers, let’s explore his investment philosophy and some of his past stock picks:
- Torrent Pharmaceuticals: With entry barriers in the pharma space, Torrent Pharma is poised for growth. Leveraging its wide distribution network after acquiring Elder Pharma’s domestic business, it aims to deliver a consistent 20-25% earnings growth.
- Cadila Healthcare: Similar to Torrent, Cadila operates in a sector with high entry barriers. Expect solid growth from this company.
- Page Industries: As the exclusive licensee of Jockey International for India, Page Industries has rapidly captured market share. It continues to be a strong contender.
FAQs
Q: How did Basant Maheshwari start his career in finance?
A: Basant Maheshwari began his career in finance after completing his MBA by joining a prominent financial institution.
Q: What is Basant Maheshwari’s investment philosophy?
A: Basant Maheshwari follows a growth investing approach, focusing on companies with strong growth potential, sound financials, and capable management.
Q: What are Basant Maheshwari’s notable achievements in finance?
A: Basant Maheshwari co-founded Basant Top 10, a research and advisory firm, and authored insightful books on investment.
Q: How does Basant Maheshwari’s net worth continue to grow?
A: Basant Maheshwari’s wealth grows through his wise investment strategies and a keen eye for promising stocks.
Q: What can aspiring investors learn from Basant Maheshwari?
A: Aspiring investors can gain valuable insights from Basant Maheshwari’s books, which offer guidance and wisdom in the world of finance.
Q: Can I follow Basant Maheshwari’s investment strategies to build my wealth?
A: While you can learn from his strategies, it’s essential to adapt them to your unique financial goals and risk tolerance.
Conclusion
Basant Maheshwari’s net worth is a reflection of his dedication, expertise, and unwavering commitment to the world of finance. His journey from a young and passionate investor to a celebrated financial expert is truly inspiring. Through his investment strategies, wisdom, and achievements, he continues to influence and guide aspiring investors in their pursuit of financial success.
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