The Three Foreign Funds That Hold Rs 42,000-Crore Adani Group Stocks

Three foreign portfolio investors, registered in Mauritius, were the cause of much pain for Adani Group companies in which they are heavily invested. The three foreign portfolio investors—APMS Investment Fund Ltd., Cresta Fund Ltd. and Albula Investment are registered out of the Republic of Mauritius—have 90% or more of their portfolio invested in the Adani group companies since fiscal 2016-17, data available on Bloomberg show.Acco...