- Date : 15/02/2023
- Read: 3 mins
Do you invest in mutual funds? Do you want to know if your mutual fund has invested in Adani stocks or not? If yes, read this article to know more.
The recent developments surrounding the Adani group have caused a stir among mutual fund investors, who are eager to know if their investments include stocks from the Adani group. The report by US short-seller Hindenburg questioning the finances of the Adani group has led to a decline in the market value of most Adani group companies. This market turmoil is causing concern, especially among novice investors. This article examines the leading mutual fund schemes that have invested in Adani stocks and highlights the Adani group stocks with the highest mutual fund investments. This article contains the following heading:
- Prominent Adani stocks with high mutual fund exposure
- List of prominent mutual funds with high exposure in Adani stocks
Which are the Adani Stocks to which Mutual Funds have exposure?
Given below is the list of Adani Stocks to which mutual funds have exposure.
(Source: https://web.stockedge.com/ as on 10 Feb. 23)
(* Figures in December Quarter of 2022)
As can be seen from the table above, there are nine notable Adani stocks listed on stock exchanges. Of these nine, four stocks have investments of 1% or more from mutual funds. For the purpose of this article, stocks in which mutual funds have a 1% or more shareholding will be subject to further analysis. These stocks include ACC Ltd (8.22%), Ambuja Cement (7.79%), Adani Ports and Special Economic Zones Ltd (4.43%) and Adani Enterprises Ltd (1.19%).
Read: About market insights
Mutual funds with high exposure in Adani shares i.e. net asset allocation of 5.0% or more in four Adani stocks
Top mutual funds with high exposure in Ambuja Cement Ltd:
(Source: https://www.valueresearchonline.com/stocks/who-owns-what/)
Also Read: Resources for investors
Top mutual funds with high exposure in Adani Ports & SEZ Ltd:
(Source: https://www.valueresearchonline.com/stocks/who-owns-what/)
Although many mutual funds have ACC Ltd in their portfolio; none has a net asset allocation of 5% or more. However, three most prominent mutual funds include IDBI Equity Savings Fund - Direct Plan (3.95%), NJ Arbitrage Fund - Direct Plan (3.55%) and LIC MF Arbitrage Fund - Direct Plan (3.24%).
Although many mutual funds have Adani Enterprises Ltd in their portfolio; none has a net asset allocation of 5% or more. However, three most prominent mutual funds include Taurus LargeCap Equity Fund – Direct Plan (4.96%), IDFC Nifty200 Momentum 30 Index Fund – Direct Plan (4.23%) and UTI Nifty200 Momentum 30 Index Fund – Direct Plan (4.08%).
Also Read: About various investment options
It's important for mutual fund investors to stay calm and not get disturbed by short-term corrections in a few stocks. To ensure the best returns, it's advisable to invest in mutual funds that have a good track record over the long-term, have a good rating, and are managed by a reputed fund manager.
The recent developments surrounding the Adani group have caused a stir among mutual fund investors, who are eager to know if their investments include stocks from the Adani group. The report by US short-seller Hindenburg questioning the finances of the Adani group has led to a decline in the market value of most Adani group companies. This market turmoil is causing concern, especially among novice investors. This article examines the leading mutual fund schemes that have invested in Adani stocks and highlights the Adani group stocks with the highest mutual fund investments. This article contains the following heading:
- Prominent Adani stocks with high mutual fund exposure
- List of prominent mutual funds with high exposure in Adani stocks
Which are the Adani Stocks to which Mutual Funds have exposure?
Given below is the list of Adani Stocks to which mutual funds have exposure.
(Source: https://web.stockedge.com/ as on 10 Feb. 23)
(* Figures in December Quarter of 2022)
As can be seen from the table above, there are nine notable Adani stocks listed on stock exchanges. Of these nine, four stocks have investments of 1% or more from mutual funds. For the purpose of this article, stocks in which mutual funds have a 1% or more shareholding will be subject to further analysis. These stocks include ACC Ltd (8.22%), Ambuja Cement (7.79%), Adani Ports and Special Economic Zones Ltd (4.43%) and Adani Enterprises Ltd (1.19%).
Read: About market insights
Mutual funds with high exposure in Adani shares i.e. net asset allocation of 5.0% or more in four Adani stocks
Top mutual funds with high exposure in Ambuja Cement Ltd:
(Source: https://www.valueresearchonline.com/stocks/who-owns-what/)
Also Read: Resources for investors
Top mutual funds with high exposure in Adani Ports & SEZ Ltd:
(Source: https://www.valueresearchonline.com/stocks/who-owns-what/)
Although many mutual funds have ACC Ltd in their portfolio; none has a net asset allocation of 5% or more. However, three most prominent mutual funds include IDBI Equity Savings Fund - Direct Plan (3.95%), NJ Arbitrage Fund - Direct Plan (3.55%) and LIC MF Arbitrage Fund - Direct Plan (3.24%).
Although many mutual funds have Adani Enterprises Ltd in their portfolio; none has a net asset allocation of 5% or more. However, three most prominent mutual funds include Taurus LargeCap Equity Fund – Direct Plan (4.96%), IDFC Nifty200 Momentum 30 Index Fund – Direct Plan (4.23%) and UTI Nifty200 Momentum 30 Index Fund – Direct Plan (4.08%).
Also Read: About various investment options
It's important for mutual fund investors to stay calm and not get disturbed by short-term corrections in a few stocks. To ensure the best returns, it's advisable to invest in mutual funds that have a good track record over the long-term, have a good rating, and are managed by a reputed fund manager.
