Ramesh Damani Portfolio

Madhusudan Kela is one of India’s most respected investors with a career of over three decades. He started in the early 1990s, worked across leading brokerage firms, and later became well known for his contribution to Reliance Mutual Fund. As of January 2026, he holds 16 disclosed stocks, out of which 13 are active, with a total portfolio value of about ₹2,458.17 cr In this article, we will look at Madhusudan Kela’s latest portfolio, analyse the key changes, and understand the patterns shaping his investment approach.