News From Press Axis AMC suspends another fund manager as part of ongoing probe

Axis AMC suspends another fund manager as part of ongoing probe

Source: BL May 21, 2022

Axis Asset Management Company has suspended Fund Manager, Deepak Agrawal, as part of the ongoing investigation into serious allegations of front-running by few stock brokers.

This is the second termination of service of an employee by the fund house. On Thursday, Axis AMC suspended Viresh Joshi, Chief Trader and Fund Manager, as part of the investigation.

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1 Comment

Sri · 2 years ago `

Axis mutual fund dismissing the rouge fund managers is only a cosmetic and a knee jerk reaction!. Axis MF should sell all the I'll gotten wealth acquired and distribute them to innocent investors,who have been cheated. AMC is responsible for the fraud committed by it's employees

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