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Mutual funds have shown renewed confidence in Adani Group companies, increasing their holdings in six out of the eleven listed entities during the fourth quarter of FY25. Notably, Adani Green Energy emerged as the top pick, with mutual fund holdings rising to 1.01% from 0.37% in the previous quarter. The number of mutual fund houses holding positions in Adani Green Energy also increased to 27, up from 21 in the December quarter.