The Securities and Exchange Board of India (SEBI) is investigating Quant Mutual Fund for potential front-running, a deceptive practice where insiders trade based on advanced knowledge of upcoming fund transactions to profit unfairly. This has alarmed investors in Quant’s schemes, which have shown strong performance and hold an asset base of Rs 84,000 crore. Investment platforms are divided; Prime Investor recommends exiting Quant funds to avoid potential losses, while Value Research advises a wait-and-watch approach.
SEBI Probe Casts Uncertainty on Quant Mutual Fund Over Front-Running Allegations
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