Axis Mutual Fund has launched the Axis Silver ETF and the Axis Silver FoF. The new fund offer for both schemes close on September 15. Minimum investment starts at Rs. 500 and Rs. 5,000 for both schemes
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
The open-ended target maturity index fund investing in constituents of the Crisil IBX SDL index-May 2027 offers high-interest rate risk and relatively low credit risk.
Sebi has passed the final order in the IIFL and Fidelity front running cases. Read below to find out how they profited from investors’ money and how Sebi punished them.
The fund will open on March 10 and close on 21, the fund house said in a statement on Wednesday.
Sebi has sought permission from the central government under the Information Technology Act, 2000 to increase its surveillance power in view of increased usage of new technological tools by market participants.