have increased their stake in , and in March, according to data crunching by ETMutualFunds showed.
The exposure in Adani Green Energy went up by 114.51% on monthly basis, taking the total number of shares to 1.63 crore in March against 76.35 lakh shares in February. The exposure in Adani Energy Solutions went up by 22.35%, followed by an increase of 7.31% in Adani Enterprises.
Mutual funds increased the exposure in AWL Agri Business and Adani Power by 1.18% and 0.74%, respectively.
Out of 10 group companies where mutual funds had investment, the exposure in five companies increased, whereas the exposure in five went down on a monthly basis.
In ,mutual funds decreased the exposure by 45.67% from 41.03 lakh shares in February to 22.29 lakh shares in March. On a monthly basis, the exposure in went down by 26.46%.
The exposure in Ambuja Cements dropped marginally by 0.40% on a monthly basis from 19.28 crore shares in February to 19.20 crore shares in March.
Adani Green Energy
Around 27 mutual funds had exposure in Adani Green Energy, with Kotak Mutual Fund having the highest exposure worth Rs 432.20 crore, followed by SBI Mutual Fund, which had exposure worth Rs 250.69 crore.
Adani Energy Solutions
Around 28 fund houses had exposure in Adani Energy Solutions with HDFC Mutual Fund having the highest exposure worth Rs 630 crore, followed by Tata Mutual Fund which had exposure worth Rs 415 crore in March.
Kotak Mutual Fund had exposure worth Rs 283 crore in March. Angel One Mutual Fund, the new entrant in the mutual fund industry, had the lowest exposure of Rs 0.08 crore.
Adani Enterprises
Around 35 fund houses had exposure in Adani Enterprises worth Rs 6,654 crore. Quant Mutual Fund had the highest exposure of Rs 1,630 crore, followed by SBI Mutual Fund which had exposure worth Rs 1,426 crore in March.
Angel One Mutual Fund and Taurus Mutual Fund had the lowest exposure of Rs 0.15 crore and Rs 0.02 crore respectively.
AWL Agri Business
Around 21 fund houses had exposure worth Rs 2,848 crore. ICICI Prudential Mutual Fund had the highest exposure of Rs 842 crore, followed by Mirae Mutual Fund which had exposure worth Rs 705 crore.
Kotak Mutual Fund had the lowest exposure in AWL Agri Business worth Rs 0.02 crore.
Adani Power
Around 23 fund houses had exposure in Adani Power worth Rs 3,232 crore. Quant Mutual Fund had the highest exposure of Rs 2,520 crore followed by ICICI Prudential Mutual Fund which had exposure of Rs 150 crore in this stock.
Adani Total Gas
Around 19 fund houses had exposure in Adani Total Gas worth Rs 134 crore. SBI Mutual Fund had the highest exposure worth Rs 30.29 crore, followed by Mirae Asset Mutual Fund which had exposure of Rs 24 crore.
Sanghi Industries
Only Taurus Mutual Fund had exposure in Sanghi Industries worth Rs 3.05 crore. It had around 5.14 lakh shares in the portfolio in MArch.
ACC
Around 29 mutual funds had exposure in ACC worth Rs 5,139 crore. HDFC Mutual Fund had the highest exposure of Rs 1,204 crore, followed by ICICI Prudential Mutual Fund which had exposure of Rs 1,045 crore.
Angel One Mutual Fund had the lowest exposure of Rs 0.03 crore with 175 shares in the portfolios.
Adani Ports and Special Economic Zone
Around 39 fund houses had exposure in Adani Ports and Special Economic Zone worth Rs 12,861 crore with 10.87 crore shares. SBI Mutual Fund had the highest exposure of Rs 4,640 crore, followed by ICICI Prudential Mutual Fund which had exposure of Rs 1,607 crore.