What's The Axis MF Front-Running Allegation About? | The ET Money Show
21Axis Mutual Fund lately has been in a news for the alleged front-running case. The AMC suspended their fund manger as well as the dealer who has been allegedly involved in the case. So that brings us to the question should Axis MF investors hit the panic button and exit the AMC’s schemes or should you they put? Axis AMC has appointed external auditors to probe in to the matter, the report expected anytime soon. In today’s episode of the ET Money Show we spoke to Kirtan Shah - Founder & CEO of Credence Wealth Advisors to help you understand how the event unfolded and should you rebalance your portfolio if you have Axis MF schemes in it. Remember Axis Mutual Fund is one of the leading mutual fund in the country with assets under management to the tune of Rs 2.59 lakh crore.
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