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Big bull Rakesh Jhunjhunwala says time to keep some money off the street

Updated : February 07, 2019 06:53 AM IST

Having suffered losses on his startup bets both in 2000 and 2007, Jhunjunwala said he does not see any value in them both from investment or business perspectives as most of them are just meet-toos lacking any real uniqueness.
The only savings the big bull has now is a fixed deposit of Rs 50,000 in a bank and Rs 1 crore in public provident fund, while rest of huge investments are in equities, he said.
Big bull Rakesh Jhunjhunwala says time to keep some money off the street

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