The Sebi order said 22 individuals and entities were involved in the front-running scheme. Front running is an illegal practice of purchasing a stock based on unpublished information of a large transaction that could move prices.
HDFC Defence Fund top performance chart in March with 22% return
HDFC Defence Fund topped equity mutual fund returns in March with 22%. PSU-themed funds followed, with Invesco India PSU Equity Fund and Aditya Birla SL