As of December 2022, SBI Mutual Funds in India had the highest exposure to the Adani group at around ** 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.
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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 ÌÇÐÄÆƽâ°æ. Retrieved July 26, 2026, from /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. ÌÇÐÄÆƽâ°æ. Accessed July 26, 2026. /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). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 26, 2026. /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)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 8 Feb 2023, /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) ÌÇÐÄÆƽâ°æ, /statistics/1364469/adani-group-mutual-fund-exposure-to-adani-by-assets/ (last visited July 26, 2026)
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: /statistics/1364469/adani-group-mutual-fund-exposure-to-adani-by-assets/
