Front-running scandal at Axis Mutual Fund set to shake up Indian MF industry | Mint - Mint

Axis Asset Management Co., which is India’s seventh largest mutual fund manager and partly owned by Schroders, in May sacked two employees, including its chief dealer, amid an ongoing internal probe

A sprawling regulatory probe thats ensnared the Indian partner of Schroders Plc is roiling one of the nations largest asset managers and is poised to shake up Indias $465 billion mutual fund industry… [+8255 chars]

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