News From Press Quant Mutual Fund probe: Should you stay invested or exit your investment?

Quant Mutual Fund probe: Should you stay invested or exit your investment?

Source: ET Jul 1, 2024

Mutual fund investors have been jolted by the news that Quant Mutual Fund is under investigation by the Securities and Exchange Board of India (Sebi). The regulatory body has observed trading patterns that suggest front-running by someone associated with the fund. The Asset Management Company (AMC) has issued a pro forma statement, confirming the news and promising full cooperation with the probe.

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