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The latest Messages 993
2024-06-23 19:05:51
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6.1K viewsedited 16:05
2024-06-23 18:51:21
6.0K views15:51
2024-06-23 18:13:26
Many people have invested in quants mutual funds
Let’s take 2 scenarios
1. If it’s true - It has happened before also with other mutual funds. Greed takes over and front running I would not say normal but not unusual as well. SEBI will ban and fine the culprits.
2. If it’s not true - They should come up with some clarification soon. I am hoping before the market opens tomorrow.
Your funds are safe and I am not anticipating anything big.
Disclaimer - Personal views, please consult your financial advisor
6.3K views15:13
2024-06-23 17:14:19
SEBI has suspected front running in Quants mutual fund. It has conducted search and seizure operations across two locations - Mumbai and Hyderabad.
It is fastest growing mutual fund which started with ₹100 crore AUM in 2019 and now has ₹90,000 crore in AUM with 26 schemes and 54 lakhs folios.
It’s the top performing mutual fund over past five and three years period.
Source - MoneyControl
6.2K views14:14
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