May 19, 2022

What to do with your Axis mutual funds?

Vidya Bala / Commentary, Categories, Mutual funds & ETFs, Premium, Research Reports / May 19, 2022

Axis Mutual Fund issued a public notice removing and replacing two of its fund managers, Viresh Joshi and Deepak Agarwal, from seven of its schemes — Banking, Technology, Consumption, and Nifty ETFs and Axis Value, Quant and Arbitrage Funds. This move was accompanied by speculation that the managers were suspended on front-running charges. Axis Mutual Fund hasn’t explicitly mentioned front-running charges, but it has confirmed that it has been investigating “potential irregularities” with the help of external advisors.

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May 19, 2022

What to do with your Axis mutual funds?

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