SBI Mutual Fund's name is missing from the latest Adani Power Limited shareholding list. This suggests SBI Mutual Fund either completely exited its last reported 1.61 percent stake or trimmed the holding to just under the 1 percent reporting threshold.
A leading private thermal power producer in India, Adani Power generates and supplies electricity through a diversified portfolio of long-term power purchase agreements, short-term contracts, and merchant sales. Operating as part of the Adani Group conglomerate, the company operates thermal power generation projects across multiple locations nationwide. It serves utility companies, industrial customers, and state power distribution entities through both contracted and competitive spot market channels.
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.
