Mutual Funds Holding Adani Enterprises Limited

Materials126 fundsISIN INE423A01024

As of 31 July 2026, 126 Indian mutual funds hold Adani Enterprises Limited (Materials), led by quant Value Fund at 9.53% of its net assets, per the AMCs' SEBI-mandated monthly disclosures.

As of 31 July 2026, 126 Indian mutual fund schemes disclose a holding in Adani Enterprises Limited (Materials). The table below lists every fund holding this stock along with its weight as a percentage of the fund's net assets (% to NAV), sorted from the highest conviction position downward.

Holding Analysis

Across the 126 funds holding Adani Enterprises Limited, the average position size is 2.27% of net assets. The highest-conviction holder is quant Value Fund (Equity), at 9.53%. Equity funds account for 51 of the 126 holders, with the rest spread across 2 other categories. Over the last month, 15 funds initiated a new position and 1 fund exited, with the largest weight change at SBI Infrastructure Fund (+3.14pp to 4.3%).

Fund Activity Last Month

How funds changed their Adani Enterprises Limited position between their two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

15 started a position1 exited15 increased15 reduced

New Positions

quant Dynamic Asset Allocation Fund at 9.02%
Samco Active Momentum Fund at 7.63%
The Wealth Company Flexi Cap Fund at 2.92%
The Wealth Company Large & Mid Cap Fund at 2.55%
TATA INFRASTRUCTURE FUND at 2.52%
TATA LARGE CAP FUND at 1.87%
UTI Focused Fund at 1.64%
HDFC Innovation Fund at 1.58%
TATA FLEXI CAP FUND at 1.41%
WhiteOak Capital Balanced Advantage Fund at 1.31%
JM Aggressive Hybrid Fund at 1.28%
TATA BALANCED ADVANTAGE FUND at 1.19%
Aditya Birla Sun Life Multi-Cap Fund at 1.18%
Aditya Birla Sun Life Special Opportunities Fund at 1.12%
TATA DIGITAL INDIA FUND at 1.12%

Complete Exits

Samco Dynamic Asset Allocation Fund was 0.5%

Weight Increased

Fund	Weight	Change
SBI Infrastructure Fund	1.16% → 4.3%	▲ +3.14
SBI MultiCap Fund	1.33% → 3.67%	▲ +2.34
SBI ELSS Tax Saver Fund	1.62% → 3.2%	▲ +1.58
Helios Balanced Advantage Fund	1.05% → 2.39%	▲ +1.34
WhiteOak Capital Equity Savings Fund	0.89% → 2.18%	▲ +1.29
SBI Energy Opportunities Fund	1.15% → 2.35%	▲ +1.2
WhiteOak Capital Arbitrage Fund	0.31% → 1.5%	▲ +1.19
SBI Dividend Yield Fund	1.18% → 2.35%	▲ +1.17
quant Small Cap Fund	3.64% → 4.72%	▲ +1.08
Aditya Birla Sun Life Conglomerate Fund	4.15% → 4.92%	▲ +0.77
Aditya Birla Sun Life Value Fund	1.99% → 2.7%	▲ +0.71
SBI Midcap Fund	0.8% → 1.43%	▲ +0.63
SBI Equity Hybrid Fund	2.09% → 2.55%	▲ +0.46
HSBC Arbitrage Fund	0.95% → 1.38%	▲ +0.43
Aditya Birla Sun Life Equity Savings Fund	1.36% → 1.77%	▲ +0.41

Weight Reduced

Fund	Weight	Change
TRUSTMF Arbitrage Fund	4.43% → 2.57%	▼ -1.86
JioBlackRock Arbitrage Fund	6.73% → 5.31%	▼ -1.42
quant Focused Fund	9.86% → 8.79%	▼ -1.07
Taurus Infrastructure Fund	1.85% → 0.9%	▼ -0.95
quant Commodities Fund	9.77% → 8.83%	▼ -0.94
quant Momentum Fund	9.7% → 8.79%	▼ -0.91
quant Aggressive Hybrid Fund	10.04% → 9.34%	▼ -0.7
SBI Equity Minimum Variance Fund	1.51% → 0.92%	▼ -0.59
quant Large Cap Fund	9.24% → 8.65%	▼ -0.59
quant Multi Asset Allocation Fund	7.96% → 7.42%	▼ -0.54
Baroda BNP Paribas Business Conglomerates Fund	1.57% → 1.18%	▼ -0.39
quant ESG Integration Strategy Fund	9.02% → 8.74%	▼ -0.28
quant Flexi Cap Fund	8.62% → 8.4%	▼ -0.22
Helios Large & Mid Cap Fund	2.97% → 2.77%	▼ -0.2
SBI Focused Fund	3.15% → 2.95%	▼ -0.2

Funds Holding Adani Enterprises Limited

#	Fund	AMC	Category	% to NAV
1	quant Value Fund	quant Mutual Fund	Equity	9.53%
2	quant Aggressive Hybrid Fund	quant Mutual Fund	Hybrid	9.34%
3	quant Manufacturing Fund	quant Mutual Fund	Thematic	9.05%
4	quant Dynamic Asset Allocation Fund	quant Mutual Fund	Hybrid	9.02%
5	quant Commodities Fund	quant Mutual Fund	Thematic	8.83%
6	quant Focused Fund	quant Mutual Fund	Equity	8.79%
7	quant Momentum Fund	quant Mutual Fund	Equity	8.79%
8	quant ESG Integration Strategy Fund	quant Mutual Fund	Thematic	8.74%
9	quant Large Cap Fund	quant Mutual Fund	Equity	8.65%
10	quant Flexi Cap Fund	quant Mutual Fund	Equity	8.4%
11	Samco Active Momentum Fund	Samco Mutual Fund	Equity	7.63%
12	quant Multi Asset Allocation Fund	quant Mutual Fund	Hybrid	7.42%
13	quant Large & Mid Cap Fund	quant Mutual Fund	Equity	6.76%
14	quant Infrastructure Fund	quant Mutual Fund	Thematic	6.2%
15	JioBlackRock Arbitrage Fund	Jio BlackRock Mutual Fund	Hybrid	5.31%
16	quant Business Cycle Fund	quant Mutual Fund	Thematic	4.94%
17	Aditya Birla Sun Life Conglomerate Fund	Aditya Birla Sun Life Mutual Fund	Thematic	4.92%
18	Axis Quant Fund	Axis Mutual Fund	Equity	4.84%
19	quant Small Cap Fund	quant Mutual Fund	Equity	4.72%
20	quant Multi Cap Fund	quant Mutual Fund	Equity	4.67%
21	SBI Resurgent India Opportunities Scheme	SBI Mutual Fund	Equity	4.66%
22	SBI Infrastructure Fund	SBI Mutual Fund	Thematic	4.3%
23	SBI MultiCap Fund	SBI Mutual Fund	Equity	3.67%
24	NJ Arbitrage Fund	NJ Mutual Fund	Hybrid	3.55%
25	SBI ELSS Tax Saver Fund	SBI Mutual Fund	Equity	3.2%
26	Mahindra Manulife Multi Cap Fund	Mahindra Manulife Mutual Fund	Equity	3.13%
27	SBI Focused Fund	SBI Mutual Fund	Equity	2.95%
28	The Wealth Company Flexi Cap Fund	The Wealth Company Mutual Fund	Equity	2.92%
29	quant ELSS Tax Saver Fund	quant Mutual Fund	Equity	2.89%
30	Helios Large & Mid Cap Fund	Helios Mutual Fund	Equity	2.77%
31	Helios Flexi Cap Fund	Helios Mutual Fund	Equity	2.73%
32	Aditya Birla Sun Life Value Fund	Aditya Birla Sun Life Mutual Fund	Equity	2.7%
33	TRUSTMF Arbitrage Fund	Trust Mutual Fund	Hybrid	2.57%
34	SBI Equity Hybrid Fund	SBI Mutual Fund	Hybrid	2.55%
35	The Wealth Company Large & Mid Cap Fund	The Wealth Company Mutual Fund	Equity	2.55%
36	TATA INFRASTRUCTURE FUND	Tata Mutual Fund	Thematic	2.52%
37	Mahindra Manulife Business Cycle Fund	Mahindra Manulife Mutual Fund	Thematic	2.5%
38	SBI Large and Midcap Fund	SBI Mutual Fund	Equity	2.44%
39	Helios Balanced Advantage Fund	Helios Mutual Fund	Hybrid	2.39%
40	SBI Dividend Yield Fund	SBI Mutual Fund	Equity	2.35%
41	SBI Energy Opportunities Fund	SBI Mutual Fund	Thematic	2.35%
42	WhiteOak Capital Equity Savings Fund	WhiteOak Capital Mutual Fund	Hybrid	2.18%
43	Franklin India Arbitrage Fund	Franklin Templeton Mutual Fund	Hybrid	1.89%
44	TATA LARGE CAP FUND	Tata Mutual Fund	Equity	1.87%
45	JM Arbitrage Fund	JM Financial Mutual Fund	Hybrid	1.8%
46	Aditya Birla Sun Life Equity Savings Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	1.77%
47	Mahindra Manulife Value Fund	Mahindra Manulife Mutual Fund	Equity	1.67%
48	UTI Focused Fund	UTI Mutual Fund	Equity	1.64%
49	Axis Arbitrage Fund	Axis Mutual Fund	Hybrid	1.62%
50	HDFC Innovation Fund	HDFC Mutual Fund	Thematic	1.58%
51	SBI Large Cap Fund	SBI Mutual Fund	Equity	1.58%
52	Aditya Birla Sun Life Balanced Advantage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	1.54%
53	NIPPON INDIA ARBITRAGE FUND	Nippon India Mutual Fund	Hybrid	1.52%
54	SBI Arbitrage Opportunities Fund	SBI Mutual Fund	Hybrid	1.51%
55	WhiteOak Capital Arbitrage Fund	WhiteOak Capital Mutual Fund	Hybrid	1.5%
56	The Wealth Company Arbitrage Fund	The Wealth Company Mutual Fund	Hybrid	1.46%
57	HSBC Equity Savings Fund	HSBC Mutual Fund	Hybrid	1.43%
58	SBI Midcap Fund	SBI Mutual Fund	Equity	1.43%
59	TATA FLEXI CAP FUND	Tata Mutual Fund	Equity	1.41%
60	HSBC Arbitrage Fund	HSBC Mutual Fund	Hybrid	1.38%
61	WhiteOak Capital Balanced Advantage Fund	WhiteOak Capital Mutual Fund	Hybrid	1.31%
62	JM Aggressive Hybrid Fund	JM Financial Mutual Fund	Hybrid	1.28%
63	TATA BALANCED ADVANTAGE FUND	Tata Mutual Fund	Hybrid	1.19%
64	Aditya Birla Sun Life Multi-Cap Fund	Aditya Birla Sun Life Mutual Fund	Equity	1.18%
65	Baroda BNP Paribas Business Conglomerates Fund	Baroda BNP Paribas Mutual Fund	Thematic	1.18%
66	Aditya Birla Sun Life Special Opportunities Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.12%
67	TATA DIGITAL INDIA FUND	Tata Mutual Fund	Thematic	1.12%
68	Aditya Birla Sun Life Manufacturing Equity Fund	Aditya Birla Sun Life Mutual Fund	Thematic	1.1%
69	UTI - Infrastructure Fund	UTI Mutual Fund	Thematic	1.09%
70	WhiteOak Capital Special Opportunities Fund	WhiteOak Capital Mutual Fund	Thematic	1.08%
71	TATA AGGRESSIVE HYBRID FUND	Tata Mutual Fund	Hybrid	1.06%
72	Kotak Large & Midcap Fund	Kotak Mahindra Mutual Fund	Equity	1.05%
73	Bajaj Finserv Arbitrage Fund	Bajaj Finserv Mutual Fund	Hybrid	1.03%
74	TATA MID CAP FUND	Tata Mutual Fund	Equity	1.03%
75	Baroda BNP Paribas Arbitrage Fund	Baroda BNP Paribas Mutual Fund	Hybrid	1%
76	UTI ELSS Tax Saver Fund	UTI Mutual Fund	Equity	1%
77	HDFC Infrastructure Fund	HDFC Mutual Fund	Thematic	0.99%
78	Sundaram Multi-Factor Fund	Sundaram Mutual Fund	Equity	0.98%
79	UTI Value Fund	UTI Mutual Fund	Equity	0.98%
80	UTI Multi Cap Fund	UTI Mutual Fund	Equity	0.97%
81	WhiteOak Capital Multi Asset Allocation Fund	WhiteOak Capital Mutual Fund	Hybrid	0.96%
82	Motilal Oswal Infrastructure Fund	Motilal Oswal Mutual Fund	Thematic	0.95%
83	Kotak Large Cap Fund	Kotak Mahindra Mutual Fund	Equity	0.94%
84	SBI Equity Minimum Variance Fund	SBI Mutual Fund	Equity	0.92%
85	Aditya Birla Sun Life Multi Asset Allocation Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.91%
86	Taurus Infrastructure Fund	Taurus Mutual Fund	Thematic	0.9%
87	Groww ELSS Tax Saver Fund	Groww Mutual Fund	Equity	0.89%
88	TATA MULTICAP FUND	Tata Mutual Fund	Equity	0.88%
89	WhiteOak Capital Large Cap Fund	WhiteOak Capital Mutual Fund	Equity	0.83%
90	HDFC Arbitrage Fund	HDFC Mutual Fund	Hybrid	0.76%
91	TATA INDIA INNOVATION FUND	Tata Mutual Fund	Thematic	0.76%
92	DSP Arbitrage Fund	DSP Mutual Fund	Hybrid	0.75%
93	Aditya Birla Sun Life Arbitrage Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.72%
94	UTI - Large Cap Fund	UTI Mutual Fund	Equity	0.72%
95	Motilal Oswal Arbitrage Fund	Motilal Oswal Mutual Fund	Hybrid	0.7%
96	HDFC Manufacturing Fund	HDFC Mutual Fund	Thematic	0.67%
97	Aditya Birla Sun Life Equity Hybrid '95 Fund	Aditya Birla Sun Life Mutual Fund	Hybrid	0.65%
98	Parag Parikh Large Cap Fund	PPFAS Mutual Fund	Equity	0.63%
99	Unifi Dynamic Asset Allocation Fund	Unifi Mutual Fund	Hybrid	0.63%
100	WhiteOak Capital Large & Mid Cap Fund	WhiteOak Capital Mutual Fund	Equity	0.62%
101	quant Arbitrage Fund	quant Mutual Fund	Hybrid	0.61%
102	UTI - Master Equity Plan Unit Scheme	UTI Mutual Fund	Equity	0.59%
103	WhiteOak Capital Aggressive Hybrid Fund	WhiteOak Capital Mutual Fund	Hybrid	0.59%
104	JM Flexicap Fund	JM Financial Mutual Fund	Equity	0.58%
105	Groww Multi Asset Allocation Fund	Groww Mutual Fund	Hybrid	0.56%
106	HDFC Flexi Cap Fund	HDFC Mutual Fund	Equity	0.55%
107	ICICI Prudential Arbitrage Fund	ICICI Prudential Mutual Fund	Hybrid	0.54%
108	WhiteOak Capital ELSS Tax Saver Fund	WhiteOak Capital Mutual Fund	Equity	0.49%
109	WhiteOak Capital Flexi Cap Fund	WhiteOak Capital Mutual Fund	Equity	0.49%
110	Groww Aggressive Hybrid Fund	Groww Mutual Fund	Hybrid	0.47%
111	JioBlackRock Sector Rotation Fund	Jio BlackRock Mutual Fund	Thematic	0.44%
112	UTI - Transportation and Logistics Fund	UTI Mutual Fund	Thematic	0.41%
113	Mirae Asset Equity Savings Fund	Mirae Asset Mutual Fund	Hybrid	0.39%
114	Mirae Asset Balanced Advantage Fund	Mirae Asset Mutual Fund	Hybrid	0.36%
115	ICICI Prudential Large Cap Fund	ICICI Prudential Mutual Fund	Equity	0.35%
116	Mirae Asset Arbitrage Fund	Mirae Asset Mutual Fund	Hybrid	0.35%
117	UTI Balanced Advantage Fund	UTI Mutual Fund	Hybrid	0.34%
118	Axis Flexi Cap Fund	Axis Mutual Fund	Equity	0.33%
119	WhiteOak Capital Balanced Hybrid Fund	WhiteOak Capital Mutual Fund	Hybrid	0.28%
120	UTI Conservative Hybrid Fund	UTI Mutual Fund	Hybrid	0.25%
121	NJ Balanced Advantage Fund	NJ Mutual Fund	Hybrid	0.19%
122	SBI Equity Savings Fund	SBI Mutual Fund	Hybrid	0.16%
123	Kotak Equity Savings Fund	Kotak Mahindra Mutual Fund	Hybrid	0%
124	TATA ARBITRAGE FUND	Tata Mutual Fund	Hybrid	0%
125	Kotak Arbitrage Fund	Kotak Mahindra Mutual Fund	Hybrid	-0.01%
126	Kotak Balanced Advantage Fund	Kotak Mahindra Mutual Fund	Hybrid	-0.01%

Want to interpret these weights? Read How to Read a Mutual Fund's Monthly Portfolio Disclosure, or look up terms like % to NAV and conviction in the glossary.

Source: SEBI-mandated monthly portfolio disclosures by Indian AMCs. Percentages are of each fund's net assets on its latest disclosure date. For information only, not investment advice.