Abu Dhabi Investment Authority Equity Portfolio Gains 7% in FY26 Amidst Mixed Performance

The equity portfolio of the Abu Dhabi Investment Authority (ADIA), managed through its global funds, has recorded a 7% gain so far in fiscal year 2026, increasing from Rs 3,774 crore in March to Rs 3,910 crore as of March 20, 2026. As of the December 2025 quarter, the portfolio includes holdings in 26 publicly listed Indian companies, according to data from ACE Equity and Trendlyne.

Performance Overview

Despite the overall growth, performance within the portfolio has been uneven. Six stocks have delivered substantial gains, ranging from 30% to 110%, even as the majority have experienced negative returns. The four worst-performing stocks have declined between 30% and 47% during FY26 to date.

Portfolio Adjustments

During the December 2025 quarter, ADIA added three new stocks to its Indian portfolio: Strides Pharma, Indigo Paints, and Tenneco Clean Air.

About Abu Dhabi Investment Authority (ADIA)

Founded on March 21, 1976, the Abu Dhabi Investment Authority (ADIA) is a sovereign wealth fund owned by the Emirate of Abu Dhabi in the United Arab Emirates. It manages the emirate’s excess oil reserves and currently has an estimated $1.057 trillion in assets under management (AUM), making it one of the largest sovereign wealth funds globally. ADIA’s investment strategy focuses on long-term value creation through a diversified portfolio across geographies, asset classes, and asset types.

Investment Strategy

ADIA employs a flexible investment approach, balancing a long-term perspective with the ability to capitalize on short-term opportunities. Its portfolio allocation, as of recent reports, includes:

• Developed Equities: 32% – 42%
• Emerging Market Equities: 7% – 15%
• Small Cap Equities: 1% – 5%
• Government Bonds: 7% – 15%
• Credit: 2% – 7%
• Financial Alternatives: 5% – 10%
• Real Estate: 5% – 10%
• Private Equity: 12% – 17%
• Infrastructure: 2% – 7%
• Cash: 0% – 5%

Geographically, ADIA’s investments are concentrated in:

• North America: 45% – 60%
• Europe: 15% – 30%
• Developed Asia: 5% – 10%
• Emerging Markets: 10% – 20%