Kaynes Expertise Sees 30% Drop in Shares: Is Your Mutual Fund Uncovered?


Shares of Kaynes Expertise have tumbled almost 31% within the final 5 days amid heightened investor issues following a vital be aware by Kotak Equities, which flagged a number of inconsistencies within the firm’s monetary disclosures and related-party transactions.

In accordance with the final obtainable portfolio of October 2025, mutual funds had round 1.29 crore shares of this inventory of their portfolios (Supply: ACE MF). In September, mutual funds had 1.38 crore shares of this inventory of their portfolio.

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Round 33 fund homes had this inventory of their portfolio, of which 4 had over 10 lakh shares of their portfolio.

Motilal Oswal Mutual Fund had the best variety of shares of round 40.35 lakh in October in comparison with 39.12 lakh in September. The full market worth of 40.35 lakh shares was Rs 2,705 crore.

Axis Mutual Fund and HSBC Mutual Fund had 20.97 lakh and 16.07 lakh shares, respectively, of their portfolio as of October 2025. Nippon India Mutual Fund had 15.02 lakh shares in its portfolio.
Kotak Mutual Fund and Mahindra Manulife Mutual Fund had 3.44 lakh and three.42 lakh shares, respectively of Kaynes Expertise. ICICI Prudential Mutual Fund as of October 31, 2025 had round 1.19 lakh shares in its portfolio price a market worth of Rs 79.86 crore.
Baroda BNP Mutual Fund and Aditya Birla Solar Life Mutual Fund had 1.05 lakh and 1.04 lakh shares respectively in October.
JioBlackRock Mutual Fund, which is a brand new entrant within the mutual fund business, had 2,549 shares of Kaynes Expertise in its portfolio price a market worth of Rs 1.71 crore.

DSP Mutual Fund had 900 shares in its portfolio, adopted by Navi Mutual Fund which had 622 shares in its portfolio. Angel One Mutual Fund held round 143 shares of this inventory in its portfolio.

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In accordance with a report by ETMarkets, the inventory’s latest plunge adopted a vital report from Kotak Institutional Equities, which flagged a number of inconsistencies in Kaynes’ monetary disclosures and related-party transactions. Discrepancies had been famous between the filings of subsidiary Iskraemeco and people of Kaynes Expertise and its unit, Kaynes Electronics Manufacturing.

Kotak highlighted lacking inter-company transactions, together with purchases of Rs 180 crore, payables of Rs 320 crore, and receivables of Rs 190 crore, which had been absent from the mother or father firm’s official filings. Further issues included the therapy of goodwill and intangibles, acquisition accounting, a stretched money conversion cycle, an increase in contingent liabilities to Rs 520 crore, and borrowing price discrepancies.

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