*Quant Mutual Fund under SEBI's Radar for Front Running*
-Front running is not a new issue in India. While some get caught, many go unnoticed. The recent case involving Axis Mutual Fund resulted in total gains of just 30 cr., and Quant Mutual Fund is similar to around 20 cr.
-An employee with access to secured information from any corner of India can engage in front-running. It doesn't necessarily have to involve the fund manager directly, indirectly, knowingly, or unknowingly.
-In the past five years, there have been about 8 major front-running cases globally, with 4 are from India only. Some of these cases are still under investigation.
-To an Investor, this will not affect the portfolio. A disturbance to MF office may result in temprory slowdown in managing funds.
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