Axis MF front-running case: Shouldn’t MFs be allowed to bypass brokers and access stock markets... - Moneycontrol

A fund manager who buys and sells stocks connects with the in-house dealer, who in turn, contacts an empaneled broker to punch in trades. A direct link with the stock exchange, however, has added benefits and brings about more transparency.

The last few days have been abuzz with news of Axis Mutual Fund and the alleged front-running case. While no irregularity should go unpunished, we must strive to also improve the systems to reduce th… [+4858 chars]

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