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NEWS
At Axis Mutual Fund, a growing portfolio of problems
Fri, Jul 01, 2022     Source : Mint
Manish Balani, a Jaipur-based executive, invested in an Axis Mutual Fund scheme for the first time in 2017. While Balani is happy that his pick—Axis Flexicap Fund—has performed strongly over the years, he ...
MUTUAL FUNDS NEWS
Sacked fund manager Viresh Joshi sues Axis mutual fund, seeks Rs.54 crore
Fri, Jun 24, 2022     Source : Mint
Viresh Joshi, Axis mutual fund’s former dealer and fund manager, has sued the fund house on the charge of wrongful termination.
MUTUAL FUNDS NEWS
Fired fund managers of Axis Mutual Fund could be banned from markets
Fri, Jun 03, 2022     Source : Business Standard
Though investigation is pending, Sebi may issue interim order
MUTUAL FUNDS NEWS
‘Diversify savings beyond mutual funds’
Fri, Jun 03, 2022     Source : Economic Times
In 2008, at the height of the Global Financial Crisis that emanated in the US, debt mutual funds faced a massive liquidity crisis and had to be bailed out by the Reserve Bank of India.
MUTUAL FUNDS NEWS
Sebi searches 16 entities in Axis mutual fund front running case
Sat, May 28, 2022     Source : Mint
The Securities and Exchange Board of India (Sebi) carried out search and seizure operations on 16 suspected entities at more than 30 locations in Maharashtra and Gujarat over the past few weeks as part of ...
MUTUAL FUNDS NEWS
Viresh Joshi sends legal notice to Axis Mutual Fund
Fri, May 27, 2022     Source : Mint
Viresh Joshi, the former fund manager of Axis Mutual Fund who is under investigations on charges of alleged front running, has sent a legal notice to the fund house alleging wrongful termination, said two ...
MUTUAL FUNDS NEWS
‘Axis MF not only case of front running being probed by Sebi’
Mon, May 23, 2022     Source : Mint
Axis Mutual fund is not the only case the Securities and Exchange Board of India (Sebi) is probing following allegations of fund managers and dealers front running stocks.
MUTUAL FUNDS NEWS
Sebi aims to tighten disclosure rules on fund manager exits
Mon, May 23, 2022     Source : Mint
The Securities and Exchange Board of India will soon announce disclosure norms for asset management companies, annoyed with the way Axis Mutual Fund has handled the suspension and the eventual termination ...
MUTUAL FUNDS NEWS
Behind the front-running case at Axis Mutual Fund
Wed, May 18, 2022     Source : Mint
The two suspended fund managers of Axis Mutual Fund allegedly shared confidential information about the asset manager’s trades with brokers in Gujarat in return for kickbacks, according to new details disc...
MUTUAL FUNDS NEWS
No restriction on redemption from Axis Mutual Fund schemes, says Chandresh Nigam
Tue, May 10, 2022     Source : Economic Times
Chandresh Nigam, MD & CEO, Axis Mutual Fund, said that Axis Mutual Fund will continue to maintain the highest governance standards, stringent protocols in their fund management.
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