Let the dust settle on the budget’s tax shocker before chasing any likely dip, but mutual fund investors can continue their investments—In sum, that’s the message from stock market veterans for retail investors, after the Union budget proposed higher capital gains tax for profits from share sales. “The rise in […]
mutual fund
Quant Mutual Fund, which is under the Securities and Exchange Board of India (SEBI) scanner over an alleged front-running case, is one of the country’s fastest-growing fund houses. According to data collected from ValueResearch, it has a total assets under management (AUM) of more than ₹84,000 crore. The decade-old fund […]
Media reports on Sunday, June 23, suggested that the Securities and Exchange Board of India (SEBI) conducted search operations at Quant Mutual Funds’ premises in Mumbai and Hyderabad on suspicion of front-running. However, the fund house has clarified to its investors regarding the SEBI probe, saying it is “fully committed […]