Mentored by Rakesh Jhunjhunwala: Star fund manager buys stake in hot new listing; his fund has delivered more than 40 per cent returns! Mentored by Rakesh Jhunjhunwala: Star fund manager buys stake in hot new listing; his fund has delivered more than 40 per cent returns! Falling under the Multicap category PMS (Portfolio Management Services), had delivered an awe-inspiring return of nearly 42 percent in the past year (Returns are as of September 30, 2023). Karan Dsij / Thursday, November 2, 2023 / Article rating: 3.6 His mentor, the late Shri Rakesh Jhunjhunwala, is a name that commands respect in the financial world. Managed an impressive AUM (Assets Under Management) of Rs 7338.26 crore, a testament to their prowess in the field.