SEBI finds a Front Running Fraud at Quant Mutual Fund | Why Investors are worried?

A Digital Blogger
A Digital Blogger
62.2 هزار بار بازدید - 3 ماه پیش - In this video, we discuss
In this video, we discuss a major development involving Quant Mutual Fund, which has an AUM (Assets Under Management) of ₹90,000 crores and is managed by Sandeep Tondon. Recently, the Securities and Exchange Board of India (SEBI) conducted raids on the Mumbai and Hyderabad offices of this mutual fund. During the investigation, it was discovered that a front running case is emerging. This involves some team member, can be an employee or a fund manager or an asset manager who has taken an unfair advantage by positioning oneself in stocks ahead of the mutual fund's trades. The person(s) had prior information about which stocks the mutual fund would purchase and used this information to benefit themselves which gives them an unfair advantage due to this exclusive information. SEBI's raid included confiscation of digital devices, machines, and phones as their pattern recognition system detected suspicious trades through specific demat accounts, matching the mutual fund's trades. The ongoing investigation will focus on this evidence. Currently, around ₹800 crores have been withdrawn by investors from the mutual fund's total AUM of ₹90,000 crores due to this issue. In this video, we explore whether investors should be worried, look at similar cases in the past, and provide an update on the current situation. Have you been defrauded by a Stockbroker, SEBI Registered/Unregistered IA/RA, Finfluencer etc? Fill the form below and we will get in touch:- https://shorturl.at/GvFDN Join the Fraud Free Awareness Program NOW: https://aseemjuneja.in/fraud-free-awareness-program/ Follow us on Social Media Handles: Instagram - https://bit.ly/adb_insta Twitter- https://bit.ly/adb_twt LinkedIn- https://bit.ly/adb_linkdin 🎧 Listen to Our Podcast on Spotify: https://spoti.fi/3JnpmSQ 🎥Subscribe to our Aseem Juneja Channel: https://www.seevid.ir/c/aseemjuneja 🎥Subscribe to our Stock Market Learning Channel: https://www.seevid.ir/c/StockPathshalaOfficial Install our Stock Pathshala App: https://play.google.com/store/apps/details?id=com.codeclinic.stockpathshala ✅Visit Our Website https://www.adigitalblogger.com/ ✅Visit our Hindi Website https://hindi.adigitalblogger.com
3 ماه پیش در تاریخ 1403/04/06 منتشر شده است.
62,237 بـار بازدید شده
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