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Declaration Cum Remediation Form for EUIN Axis Mutual Fund

Declaration Cum Remediation Form for EUIN Axis Mutual Fund

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servant good news last month i bought a lot of units in schemes of access mutual fund okay but why did you do that i read in the newspaper that axis is ahead of all other mutual funds yeah what exactly did the news item say sir it said access mutual fund is front running front running does not mean someone is leading or is a high performer then what does it mean front running happens when someone buys shares in the company based on the prior and non-public information that someone is going to take a large position in that stock now in the case of access it has been claimed that two of its fund managers had bought shares for personal gains just prior to access mutual fund investing in those companies this sounds illegal to me yup front running is illegal but surprisingly incidents like these continue to happen and just last december something similar happened at deutsche mutual fund hopefully the chevy will look into it absolutely sebi is investigating the matter and for more updates an

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