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Axis Mutual Fund changes fund manager responsibilities from May 4 amid alleged violations

Axis Mutual Fund has removed its head trader Viresh Joshi as fund manager from five schemes. Similarly, Deepak Agarwal, the assistant fund manager for equity at Axis MF, is no longer part of schemes like Axis Consumption ETF, Axis Quant Fund, and Axis Value Fund.

Among those who have been removed as fund managers are Chief Trader & Fund Manager Viresh Joshi and Assistant Fund Manager Deepak Agrawal. While Joshi has been with Axis MF since 2009, Agarwal joined the fund house in 2015 as an equity research analyst.

Axis Mutual Fund said on Friday that it has been conducting a suo moto investigation over the last two months since February.The remarks came after it was revealed that SEBI is examining whether fund managers at Axis Mutual Fund engaged in ...

The remarks came after it was revealed that SEBI is examining whether fund managers at Axis Mutual Fund engaged in "front-running"

Cloud Database Security Market to See Huge Growth by 2026 | Amazon Web Services, McAfee, Fortinet

Cloud Database Security Market to See Huge Growth by 2026 | Amazon Web Services, McAfee, Fortinet

Cloud Database Security Market is Booming Worldwide | IBM, Cisco Systems, Trustwave Holdings iCrowd Newswire Latest released the research study on Market, offers a detailed overview of the factors influencing the global business scope. Cloud Database Security Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of ...

County Armagh firm wins £4 mln contract to help Canadian mushroom company Agri-Tech firm Axis Technology from County Armagh has won a £4 mln contract for its machinery to be used to help a Canadian company improve its mushroom harvest. Axis Technology in Craigavon used support from economic development agency Invest NI to improve its equipment for mushroom harvesting. The firm’s machinery makes mushroom harvesting and packing more efficient and enables harvesters to operate at four-times th...

Axis Mutual Fund on Wednesday launched an exchange-traded fund focused on technology stocks. The new fund, Axis Technology ETF, opens on Thursday and closes on March 23. It will track the Nifty IT index, and offers investors an opportunity to invest in the biggest IT companies, the fund house said. It said globally, passive funds have been the fastest growing investment segment over the past several years as investors have warmed up to their simplicity and low cost-efficient structures. Pass...