Mutual Funds have trimmed their holdings in several Adani Group companies during April 2025, according to data from ACE Equities. The reduction was observed in seven out of eight listed firms of the group.

Adani Enterprises saw the highest net outflow of Rs 346.03 crore, with Mutual Funds reducing their stake by 14.71 lakh shares. Adani Energy Solutions also witnessed a significant cut of 33.73 lakh shares, translating into a net withdrawal of Rs 302.53 crore.

Adani Green Energy followed with a reduction of 25.74 lakh shares and a net outflow of Rs 236.94 crore. Ambuja Cements, another key company in the group, saw Mutual Funds sell 43.73 lakh shares, pulling out Rs 241.26 crore.

Other firms with reduced MF holdings include ACC (6.30 lakh shares, Rs 124.46 crore), Adani Ports & SEZ (0.64 lakh shares, Rs 7.70 crore), and Adani Total Gas (0.57 lakh shares, Rs 3.43 crore).

The only exception was Adani Power, where Mutual Funds increased their holdings by 18.95 lakh shares, resulting in a net investment of Rs 102.40 crore.

This shift indicates a cautious stance by Mutual Funds toward Adani Group companies during the month of April.

Source: ACE Equities

Disclaimer: The information provided in this article is for informational purposes only and does not constitute investment advice. Readers are advised to conduct their own research or consult a financial advisor before making any investment decisions. The data is sourced from ACE Equities and is accurate as of April 2025.