Dolly Khanna Portfolio 2026

Dolly Khanna has a knack for discovering small and mid-cap companies, which is why her portfolio updates are always eagerly awaited. Every quarter, her holdings give investors a peek into where she sees long-term potential and which themes she believes are ready to grow.

In 2025, her portfolio once again highlights her signature style, finding strong, simple, well-run businesses and staying invested while they quietly compound. Whether you are new to the market or someone who follows top investors for inspiration, looking at her latest moves can give you tons of useful insights.

In this blog, we will walk through her holdings, the sectors she is invested in, and the investment ideas you can take away from her approach. 

Dolly Khanna – About & Background 

Dolly Khanna is known for discovering small and mid-sized companies long before they turn into big stories. Her portfolio is actually managed by her husband, Rajiv Khanna, who has a deep passion for researching businesses.

Their journey goes way back to the 1990s, when the couple sold their dairy brand, Kwality Milk Foods, to Hindustan Unilever. Instead of starting another business, they decided to step into the world of investing, and that decision changed everything. 

What makes them different is that they stay away from hype and focus on companies with stable fundamentals, strong growth potential, and strong management. They prefer entering early, when valuations are still reasonable, and the crowd hasn’t noticed the opportunity yet.

Her portfolio has become a reference point for anyone interested in discovering promising small- and mid-cap ideas.

Snapshot of Dolly Khanna Portfolio 

Dolly Khanna currently holds 10 companies with a net worth of INR 333 crore. Her holdings and sector-wise breakup are as follows; 

Stock Name	Holding (%)	Value (Cr)	3M Returns (%)
Southern Petro	2.98%	46.8	-22.15%
Prakash Industries Ltd.	2.94%	73.1	-11.19%
Coffee Day Enterprises Ltd.	2.19%	16.7	-27.84%
GHCL Ltd.	1.21%	66.7	0.042
KCP Sugar	1.80%	5.6	-15.08%
Som Distilleries	2.43%	58.8	-15.24%
Prakash Pipes Ltd.	1.69%	10.0	-20.81%
20 Microns	1.4%	21.86	0.3724
National Oxygen Ltd.	1.22%	0.69	-8.75%
Savera Industries Ltd.	1.14%	2.04	-8.20%

Sector-Wise Breakup of Holdings 

Sector	Allocation (%)
Metals – Ferrous	26.02%
Chemicals	21.31%
Beverages – Alcoholic	18.87%
Fertilisers	15.31%
Financial Services	6.56%
Other	11.93%

Best Picks 

Stock	3M Return (%)	Holdings (%)
Emkay Global	0.3724	2.73%
GHCL Ltd.	0.042	1.21%

Investment Strategy 

She is especially drawn to small and mid-cap companies, the kind that are not in the spotlight yet but have the potential to become tomorrow’s big stories.

Below is how she approaches investing;

1. She studies businesses – Instead of following market buzz, Dolly looks closely at each company on its own merit. She tries to understand what they make, how strong their finances are, and whether the management team is trustworthy.
2. She enters before the crowd notices – One of her biggest strengths is timing. She prefers buying a stock when it is not yet on everyone’s radar. This gives her room to capture the full upside as the company grows.
3. She loves niche and underexplored sectors – Her portfolio often includes companies from sectors like chemicals, consumer goods, textiles, and manufacturing, areas that may not always grab headlines but offer strong long-term potential.
4. Not afraid to be a contrarian – Some of her best picks have come from sectors that the market was not very excited about at the time. If she believes the business has a future, she will hold it even when others hesitate.

Conclusion 

To sum it up, Dolly Khanna is known for her sharp investment understanding, and is very specific in identifying multibagger stocks, especially in the mid-cap and small-cap segments. Her portfolio is distinguished by fundamentally strong companies with decent growth potential. 

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	Radhakishan Damani Portfolio: Stocks & Strategy Insights
2	Shankar Sharma Portfolio: Top Stocks & Strategy
3	Raj Kumar Lohia Portfolio – Holdings List, Changes and Strategy
4	Rakesh Jhunjhunwala: How He Became India’s Billionaire “Big Bull”
5	Rakesh Jhunjhunwala Portfolio: Top Holdings & Strategy
6	Vijay Kedia Portfolio: Latest Holdings, Strategy & Analysis
7	Mukul Agarwal Portfolio: Top Holdings, Net Worth & Strategy
8	Ashish Kacholia Portfolio: Top Stocks & Strategy
9	Ashish Dhawan Portfolio : Top Holdings, Strategy & Lessons
10	Top 10 Investors in the World