10 Mutual Funds that Hold Up to 24.63% in Adani Group Shares - Check Their 3-Year Returns
Adani Group stocks grew strongly in 2026. By late May, the group’s total value rose by ₹5 lakh crore to reach nearly ₹20 lakh crore. The one-year return for the stocks like, Adani Power is approximately 35.90% and Adani Enterprises around 44.94%. Adani Green also climbed nearly 31.75%, while Adani Ports went up by around 26.51% in the last one-year, as of 13 November 2026.
No wonder many mutual funds hold these shares, and some hold a lot of them. Here is a look at 10 funds from Quant, SBI, Tata and Aditya Birla Sun Life, and how much each holds in Adani stocks.
Quant Value Fund Direct Growth
This is a value-oriented equity fund that looks for stocks that appear undervalued and its benchmark is the Nifty 500 TRI. It holds Adani Enterprises at 9.32%, Adani Green Energy at 8.18% and Adani Power at 7.13%, which add up to about 24.63% in Adani shares. It also has a futures position of 2.53% linked to Adani Power.
NAV: ₹23.72
Fund Size, AUM: ₹1,811.72 crore
Minimum SIP: ₹1,000
Minimum lump sum: ₹5,000
Expense ratio: 0.51%
Exit load: 1% if redeemed within 15 days
3-year CAGR: 19.16%
Quant Large Cap Fund Direct Growth
This fund invests mainly in large companies and follows the Nifty 100 TRI. Its Adani shares include Adani Green Energy at 8.48%, Adani Enterprises at 8.17% and Adani Transmission at 3.63%, a total of about 20.28%. It also holds a 3.74% futures position in Adani Energy Solutions.
NAV: ₹17.24
Fund Size, AUM: ₹3,738.02 crore
Minimum SIP: ₹1,000
Minimum lump sum: ₹5,000
Expense ratio: 0.48%
Exit load: 1% if redeemed within 15 days
3-year CAGR: 14.61%
Quant Flexi Cap Fund Direct Growth
A flexi cap fund can invest in large, mid and small companies, and this one follows the Nifty 500 TRI. It holds Adani Enterprises at 8.05%, Adani Power at 8.01%, Adani Green Energy at 3.67% and Adani Transmission at 3.18%. Together, these make up about 22.91% of the fund.
NAV: ₹123.41
Fund Size, AUM: ₹7,162.33 crore
Minimum SIP: ₹250
Minimum lump sum: ₹5,000
Expense ratio: 0.61%
Exit load: 1% if redeemed within 15 days
3-year CAGR: 16.07%
Quant Aggressive Hybrid Fund Direct Growth
This hybrid fund mixes equity with bonds and other fixed-income options, and its benchmark is the Nifty 50 Hybrid Composite Debt 65:35 Index. Its Adani holdings are Adani Enterprises at 9.30%, Adani Green Energy at 8.25% and Adani Power at 6.68%, which total about 24.23%.
NAV: ₹519.31
Fund Size, AUM: ₹2,095.94 crore
Minimum SIP: ₹1,000
Minimum lump sum: ₹5,000
Expense ratio: 0.69%
Exit load: 1% if redeemed within 15 days
3-year CAGR: 14.47%
Also read: HDFC Defence Fund Adds 3 New Stocks, Boosts Stakes in BEL, Tata Motors and BEML - Check New Additions and Top Holdings
Quant Manufacturing Fund Direct Growth
This is a thematic fund that invests in companies linked to the manufacturing theme, and it follows the Nifty India Manufacturing TRI. It holds Adani Enterprises at 9.12% and Adani Green Energy at 7.85%, adding up to about 16.97%.
NAV: ₹17.20
Fund Size, AUM: ₹663.69 crore
Minimum SIP: ₹1,000
Minimum lump sum: ₹5,000
Expense ratio: 0.85%
Exit load: 1% if redeemed within 15 days
3-year CAGR: 15.97%
SBI Aggressive Hybrid Fund Direct Plan Growth
This is one of the biggest funds in the list, and it invests in both equity and debt. Its benchmark is the CRISIL Hybrid 35+65 Aggressive Index. It holds Adani Transmission at 2.98%, Adani Power at 2.86% and Adani Enterprises 2.24%, a total of about 8.08%. It also holds bonds of Adani Power at 1.15% and Adani Airport Holdings at 0.67%.
NAV: ₹361.16
Fund Size, AUM: ₹85,922.12 crore
Minimum SIP: ₹500
Minimum lump sum: ₹1,000
Expense ratio: 0.59%
Exit load: 1% on units above 10% of the investment, if redeemed within 365 days
3-year CAGR: 13.64%
SBI Focused Fund Direct Plan Growth
A focused fund invests in a small set of stocks, and this one follows the BSE 500 TRI. It holds Adani Power at 4.12%, Adani Transmission at 4.01% and Adani Enterprises at 2.81%, which add up to about 10.94%.
NAV: ₹472.03
Fund Size, AUM: ₹50,423.05 crore
Minimum SIP: ₹500
Minimum lump sum: ₹5,000
Expense ratio: 0.61%
Exit load: 0.25% if redeemed within 30 days, and 0.10% after 30 days but within 90 days
3-year CAGR: 16.85%
Tata Resources & Energy Fund Direct Growth
This thematic fund puts at least 80% of its money in companies from the resources and energy sectors, and follows the Nifty Commodities TRI. It holds Adani Transmission at 4.62% and Adani Power at 3.67%, a total of about 8.29%.
NAV: ₹57.39
Fund Size, AUM: ₹1,326.02 crore
Minimum SIP: ₹100
Minimum lump sum: ₹5,000
Expense ratio: 0.58%
Exit load: 0.25% if redeemed within 30 days
3-year CAGR: 15.87%
Tata Infrastructure Fund Direct Plan Growth
This sectoral fund invests in companies of the infrastructure sector, and its benchmark is the BSE India Infrastructure TRI. It holds Adani Ports and SEZ at 4.17%, Adani Transmission at 3.46%, Adani Power at 2.57% and Adani Enterprises at 2.54%. Together, these are about 12.74%.
NAV: ₹196.06
Fund Size, AUM: ₹1,880.43 crore
Minimum SIP: ₹100
Minimum lump sum: ₹5,000
Expense ratio: 0.99%
Exit load: 0.25% if redeemed within 30 days
3-year CAGR: 12.49%
Aditya Birla Sun Life Conglomerate Fund Direct Growth
This thematic fund invests in companies that belong to large business groups, and its benchmark is the BSE Select Business Groups TRI. It holds Adani Enterprises 4.30%, Adani Transmission at 3.89%, Adani Ports and SEZ at 2.09%, Adani Green Energy at 1.13%, and Adani Power at 1.00%, a total of about 12.41%.
NAV: ₹11.12
Fund Size, AUM: ₹1,423.52 crore
Minimum SIP: ₹100
Minimum lump sum: ₹100
Expense ratio: 0.68%
Exit load: 0.5% if redeemed within 90 days
1-year CAGR: 5.82%, and returns for 1-month is 8.59%
How the 10 Funds Compare on Adani Exposure
Here is a comparison of the 10 mutual funds ranked from the highest to the lowest exposure to Adani Group equity shares. The first column is for the name of the mutual fund and the second column shows the Adani equity exposure of these respective funds.
Quant Value Fund
24.63%
Quant Aggressive Hybrid Fund
24.23%
Quant Flexi Cap Fund
22.91%
Quant Large Cap Fund
20.28%
Quant Manufacturing Fund
16.97%
Tata Infrastructure Fund
12.74%
Aditya Birla Sun Life Conglomerate Fund
12.41%
SBI Focused Fund
10.94%
Tata Resources & Energy Fund
8.29%
SBI Aggressive Hybrid Fund
8.08%
Please note, that t hese figures represent exposure to Adani Group equity shares only. They do not include futures or bonds. All the the data mentioned above including, NAV, AUM, and returns are as of 12 November 2026.
Know What You Own Before You Invest
A fund with a big share in one business group is more concentrated, and its returns can depend heavily on how that group’s stocks perform. Funds like SBI Aggressive Hybrid spread their money across many companies, so due to diversification the effect is smaller. Before you invest, check the fund’s latest portfolio, its risk level and whether it suits your goals and time frame. Mutual fund investments are subject to market risks, and past performance doesn't guarantee future returns.