The Enforcement Directorate has arrested former Axis Mutual Fund fund manager Viresh Joshi in a Rs 2 lakh crore front-running scam. He allegedly used insider trade data and mule accounts to earn illicit profits, funnelled through shell companies and offshore terminals
Mumbai: The Axis Mutual Fund had a combined corpus of Rs 2.59 lakh crore as of end of March 2022 and was the seventh largest mutual fund in terms of AUM (assets under management) in the company. As recently as November 21, 2021 the fund had reassigned various schemes to different fund managers. Some of […]
