In July, mutual funds invested over ₹2,000 crore in Adani Group stocks, marking a significant uptick.
Adani Ports & SEZ saw the highest mutual fund buying at ₹1,139 crore in July, leading the pack.
Adani Enterprises and Adani Power also saw strong investments of ₹890 crore and ₹218 crore, respectively.
Total MF holdings in Adani Group increased from ₹39,174 crore in June to ₹42,154 crore in July.
Ambuja Cements was the only Adani Group company with net selling by mutual funds, totaling ₹338 crore.
SBI Mutual Fund was the top buyer in Adani Ports, acquiring shares worth ₹854 crore in July.
SEBI issued notices to Hindenburg for alleged short-selling tactics on Adani stocks in July.