
SEBI bars Viresh Joshi, 20 others in Axis Mutual Fund front-running case
SEBI says they collectively earned ₹30.5 crore as "wrongful gains" via front-running activities, which it directed to be impounded.
SEBI says they collectively earned ₹30.5 crore as "wrongful gains" via front-running activities, which it directed to be impounded.
Viresh Joshi ceases to be a key person of Axis AMC, says the company. After launching a probe in Feb, AMC had placed two fund managers on suspension.
Axis Mutual Fund is yet to come up with an official statement; reports suggest SEBI is looking into allegations