Most domestic banks such as SBI, ICICI, HDFC, Axis, Kotak, Bank of Baroda and Union among others own mutual funds or have majority stakes in these asset managers. The extent to which these banks sell products of their subsidiary mutual funds vary from 25% to over 95%, according to industry estimates.
Hindustan Zinc shares soar 17% in 4 days, tracking silver’s surge to record highs
Hindustan Zinc shares surged 16.8% in four sessions, driven by a sharp rally in silver prices, which hit all-time highs on MCX. As the world’s
June 10, 2025