ADANI
Have you ever seen any single fund that invests 99% of its asset in only one group of companies?
Probably these investments(you can understand owner of these funds) had made stocks illiquid and some adnai stocks have given return close to 5000%(50 times) in last 5 yrs
And second thing valuation!
P /e ratio around 300 in most adani companies.
Never buy companies having P/e ratio>50, you may lose few opportunities but you will save youself a lot of grief and your money.
Adani companies may have good businesses but something is definately cooking.
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