The overall mutual fund inflows increased by 67 per cent (month-on-month) to Rs 49,301 crore in June against an inflow of Rs 29,572 crore in May.
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Sebi is investigating front-running by Quant Mutual Fund employees, leading to a decline in certain stocks. Front-running involves trading on advance information, breaching market regulations. Quant MF is one of the fastest-growing mutual funds, with over Rs 84,000 crore in assets under management as of May 31. In May 2022, Sebi directed entities involved in Axis Mutual Fund front-running case to collectively impound Rs 30 crore of wrongful gains. Sebi's action resulted in the sacking of the mutual fund's chief dealer.
The overall mutual fund inflows increased by 67 per cent (month-on-month) to Rs 49,301 crore in June against an inflow of Rs 29,572 crore in May.
The overall mutual fund inflows increased by 67 per cent (month-on-month) to Rs 49,301 crore in June against an inflow of Rs 29,572 crore in May.
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