Axis Mutual Fund

'Shared sensitive information for personal gains': Court rejects bail plea of former fund manager of Axis Mutual Fund

September 05, 2025 10:00 pm

The ED had claimed that an amount to the tune of Rs 91 crore was credited in the bank accounts of his family members from various shell companies and had opposed the bail stating that the probe is still on.

Rs 300 cr illicit-gain charge: The MF ‘only thrived’ during his tenure and he got ‘outstanding’ ratings, claims fund manager in his bail plea in front-running case

August 13, 2025 9:57 am

The ED has claimed that it suspects the proceeds of crime to be Rs 300 crore in the case, with Rs 91 crore so far traced to bank accounts of family members of Joshi from various shell companies.

Axis Mutual Fund: ED carries out searches in Mumbai, Kolkata in front running case

September 12, 2024 9:11 am

ED has initiated investigation on the basis of an interim order passed by SEBI levelling allegations of front running against Viresh Joshi and others for earning wrongful gains of approximately Rs 30.56 crore.

Axis MF ‘front running’: Sebi conducts search & seizure

May 28, 2022 6:38 am

As part of the ongoing investigation, SEBI carried out search and seizure operations in respect of 16 suspected entities in more than 30 locations spread over various cities in Maharashtra and Gujarat in the last a few weeks, sources said.

Axis AMC suspends two fund managers for front-running

May 07, 2022 12:38 am

The statement comes in the wake of complaints reportedly being received by Axis Mutual Fund from stock brokers about fund managers punching in trades on behalf of the fund at values much higher than the market.

‘We believe equities remain the best asset class for long-term wealth creation’: Chandresh Kumar Nigam

December 28, 2020 11:00 am

"In the post-Covid world, where the world is awash with central bank liquidity, India has been getting a disproportionate share. As an opportunity, India continues to remain an attractive destination for global growth investors," said Axis Mutual Fund MD and CEO Chandresh Kumar Nigam.

Chandresh Nigam: Country has wealth creation potential, but lack of free-float stocks a major bottleneck

July 31, 2015 2:18 am

Maruti-Suzuki deal: Mutual fund houses plan to approach Sebi

March 05, 2014 1:51 am

Mutual fund investors in Maruti-Suzuki India are now planning to approach Sebi after the car maker failed to address their concerns.

Axis Mutual Fund hopes to make profit this fiscal

September 29, 2013 12:50 pm

Axis Mutual Fund,the fund house promoted by private sector lender Axis Bank,is hopeful of making profit this financial year,a top company official has said.

Debt mutual fund investors now worry about credit risks

September 06, 2013 5:31 am

Investors taking closer look at credit risks as spectre of ratings downgrades looms over India Inc.