Dolly Khanna Snapshot

Dolly Khanna is a Chennai-based investor active in Indian equities since 1996. Her husband, Rajiv Khanna, manages the portfolio, conducting in-depth research and making investment decisions.

She focuses on identifying undervalued companies with strong growth potential, often in niche sectors.

She has invested in a wide range of sectors, including chemicals, textiles, manufacturing, and agriculture.

Her strategy involves in-depth research into company fundamentals, growth prospects, and industry trends.

After she and her husband, Rajiv Khanna, liquidated their ice cream business, Kwality Milk Foods, which was acquired by Hindustan Unilever in the late 1990s, she began making investments.

Her portfolio has historically featured 30–40 listed companies, with 15–20 active bets in any given quarter.

Her strategy is value-driven, long-term, and fundamental: she purchases modest companies with solid balance sheets and expandable growth plans. She often rides multi-year rallies.