Sebi probes MFs owned by banks amid allegations of mis-selling

September 5, 2022

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.

More To Explore

Tech View: Nifty breaches 200 DEMA, signalling bearish sentiment. How to trade on Tuesday

The Nifty faced selling pressure, closing below 23,700 and breaching the 200-day EMA, signalling a bearish trend. Failure to hold current levels could see support

January 6, 2025

What could be potential high growth sectors in next 2-3 years? Hiren Ved answers

EMS is seeing rapid growth similar to the IT services boom. There is significant potential in tech-driven financial services, consumption patterns, and component manufacturing. Companies

January 6, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003