Page 2 - Axis Mutual Fund

Former Credit Suisse exec Ashish Gupta to join Axis MF as CIO

Gupta, who was head of equity research for India at Credit Suisse, left the Zurich-based bank last November after a 14-year stint

Axis Mutual Fund aim for Rs 50 cr from new fund in primary subscription

Axis Mutual Fund aims to collect around Rs 50 crore from the new fund it is launching next Monday during the primary subscription period. The fund offer -- Nifty G-Sec September 2032 index fund -- is an open-ended target maturity debt index fund investing in the constituents of the Nifty G-Sec September 2032 index. Aditya Pagaria and Hardik Shah will be managing the new fund which has no exit load. The new fund will open for subscription on March 6 and close on March 13, it said in a statement on Friday. The chief business development officer at the fund house Raghav Iyengar said the company is looking at collecting at least Rs 50 crore during the primary offer period.

Sebi shows new-age teeth in bursting Axis MF front running scandal

Combing Bloomberg chats, use of mobile tower IDs shows regulator's use of analytical tools

'Impound Rs 30.6 crore': Sebi diktat in Axis MF front-running case

The regulator ordered the impounding of Rs 30.6 crore - total wrongful gains earned from front-running activities

Only investors with a long horizon should enter mid- and small-cap segment

After the outperformance of the past three years, they should be prepared for modest returns in the near term

Fusion microfinance subscribed 3x on Day-2 on strong institutional support

Medanta Hospitals IPO subscribed 36% on day-2, Bikaji Foods by 1.5 times

Axis Mutual Fund looks to garner Rs 50 cr from maiden fund offer post ban

Axis Mutual Fund is targeting to garner Rs 50 crore from the silver ETF and the silver fund of fund announced on Friday -- its maiden launch after the Sebi lifted its three month ban on NFOs from July. The fund house said the silver fund of fund will invest in the units of Axis silver ETF (exchange traded fund). Pratik Tibrewal, fund manager, commodities at Axis AMC told PTI that they have set an internal target of garnering Rs 50 crore during the new fund offer. Both the funds will be open for subscription from September 2 through September 15, the fund house said in a statement. While the silver ETF will have no exit load, the silver fund of fund will attract an exit load of 0.25 per cent if redeemed/switched out within seven days from the date of allotment but will have no such charges if redeemed/switched out after sever days of allotment. The silver ETF will invest in industry standard 30 kg physical silver bullion of 999 parts per 1,000 fineness and storage, transport and ..

I-T Dept freezes FDs of Viresh Joshi in Axis MF front-running case

In a latest development in the alleged front-running case involving Axis Mutual Fund, the Income Tax Department has freezed fix deposits worth Rs 57 crore belonging to its former chief trader

I-T questions two Axis Mutual Fund executives in front-running case

Sources in the Income Tax department have said that they grilled two serving executives of the Axis Mutual Fund in connection with the alleged front-running case

Axis Mutual Fund probe: I-T dept raids ex-fund manager Viresh Joshi's house

Joshi was sacked in May by the Axis Asset Management Company over allegations of front running

Front-running scandal at Axis Mutual Fund set to rock $465-bn MF industry

Axis Asset Management Co, India's seventh largest mutual fund manager and partly owned by Schroders, in May sacked two employees, including its chief dealer, amid an ongoing internal probe

Fired fund managers violated securities law, says Axis Mutual Fund

In May, Axis MF terminated Joshi and (Deepak) Agrawal, following allegations of tailgating

Sacked fund managers violated securities law, says Axis AMC

'Based on the findings so far, we believe that the conduct of the concerned individuals identified do not have any impact on our liquidity or our operations,' says the company

Sacked fund manager demands Rs 54 cr in damages, sues Axis MF

On May 20, Axis MF terminated the employment of Joshi, a chief trader and fund manager, due to alleged irregularities. Axis MF hadn't cited any reason for the termination

Fired fund managers of Axis Mutual Fund could be banned from markets

Though investigation is pending, Sebi may issue interim order

Top Headlines: Consumer sector deals rise; wheat mkts still on edge & more

Business Standard brings you the top headlines at this hour

Sebi searches 16 'suspected entities' in Axis MF front-running case

Covers 30 locations across multiple cities including Maharashtra and Gujarat.

Regulating from the front

Focus on deterrence against front-running

TMS Ep168: Axis Mutual Fund, exports growth, Power stocks, e-passport

Should recent events at Axis MF worry retail investors? Is India's export growth momentum sustainable? Cab power stocks build momentum amid the energy crisis. What is an e-passport? All answers here

TMS Ep168: Axis Mutual Fund, exports growth, Power stocks, e-passport

Should recent events at Axis MF worry retail investors? Is India's export growth momentum sustainable? Cab power stocks build momentum amid the energy crisis. What is an e-passport? All answers here