SBI Mutual Fund Acquires Big Stakes in Adani Group Firms
Block Deal Alert: SBI Mutual Fund Buys Stakes in Two Adani Group Firms for ₹5,747 Crore
Jun 6, 2026, 10:17 IST
MP Kesari Desk: India's largest asset management company, SBI Mutual Fund, has executed a massive institutional acquisition within the domestic infrastructure space.
In a mega block deal valued at ₹5,747 crore, the fund house acquired significant equity tranches in Adani Enterprises and Adani Ports & Special Economic Zone.
Conversely, NRI investor Rajiv Jain’s GQG Partners acted as the primary counterparty, liquidating a portion of its long-term holdings to book profits.
Portfolio Rebalancing and Capital Market Inflows
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Adani Enterprises Allocation: SBI Mutual Fund absorbed shares worth roughly ₹3,100 crore via public equity secondary market windows.
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Adani Ports Acquisition: The remaining capital was deployed to expand exposure to dominant maritime logistics corridors.
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Market Sentiment: This massive institutional backing by a state-backed mutual fund house has significantly boosted domestic retail trader confidence across the broader Adani stock ecosystem.