SBI Mutual Fund reduced its stake in Adani Ports and Special Economic Zone Limited from 1.58% to 1.41%, selling 39,52,434 shares.
India's largest private port operator, Adani Ports develops, operates, and maintains port infrastructure across multiple locations nationwide. The company manages cargo handling facilities, vessel operations, and related logistics services, alongside a multi-product Special Economic Zone at Mundra that supports integrated industrial operations. Its vertically integrated port-SEZ model enables comprehensive supply chain solutions and infrastructure development for diverse industries.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.
