Quant Mutual Fund Assures Cooperation After Sebi Probe In Front-running Case
- 24 Jun, 2024
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Moneycontrol had reported on Sunday that the Securities and Exchange Board of India (Sebi) was investigating allegations of “front running” – or dealing on price-sensitive information before its general release – at the mutual fund.
“We will provide all necessary support and continue to furnish data to SEBI on a regular and as-needed basis,” the fund said in its statement.
The statement also said, “With over 8 million folios and an asset under management (AUM) of Rs 93,000 crore, our commitment to maintaining investor confidence remains steadfast. We appreciate the trust and support of our investors, and our advanced research capabilities and analytical tools will continue to keep our investors ahead of the curve.”
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