As of December 2022, SBI Mutual Funds in India had the highest exposure to the Adani group at around 47 billion Indian rupees in absolute terms, followed by UTI Mutual Funds. A large number of mutual fund companies incurred significant losses as a result of setbacks to Adani Group's stocks post-publication of Hindenburg's report claiming fraud and stock manipulation, among others.
Mutual fund houses exposure to Adani Group as of December 2022, by size of assets
(in billion Indian rupees)
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MSN, & Business Insider. (February 8, 2023). Mutual fund houses exposure to Adani Group as of December 2022, by size of assets (in billion Indian rupees) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1364469/adani-group-mutual-fund-exposure-to-adani-by-assets/
MSN, und Business Insider. "Mutual fund houses exposure to Adani Group as of December 2022, by size of assets (in billion Indian rupees)." Chart. February 8, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1364469/adani-group-mutual-fund-exposure-to-adani-by-assets/
MSN, Business Insider. (2023). Mutual fund houses exposure to Adani Group as of December 2022, by size of assets (in billion Indian rupees). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1364469/adani-group-mutual-fund-exposure-to-adani-by-assets/
MSN, and Business Insider. "Mutual Fund Houses Exposure to Adani Group as of December 2022, by Size of Assets (in Billion Indian Rupees)." Statista, Statista Inc., 8 Feb 2023, https://www.statista.com/statistics/1364469/adani-group-mutual-fund-exposure-to-adani-by-assets/
MSN & Business Insider, Mutual fund houses exposure to Adani Group as of December 2022, by size of assets (in billion Indian rupees) Statista, https://www.statista.com/statistics/1364469/adani-group-mutual-fund-exposure-to-adani-by-assets/ (last visited December 21, 2024)
Mutual fund houses exposure to Adani Group as of December 2022, by size of assets (in billion Indian rupees) [Graph], MSN, & Business Insider, February 8, 2023. [Online]. Available: https://www.statista.com/statistics/1364469/adani-group-mutual-fund-exposure-to-adani-by-assets/
