Mutual fund investors were shocked when Sebi raided Quant Mutual Fund’s offices for alleged front-running. The raid impacted various funds’ performance, with some underperforming their benchmarks, while others like Quant Focused Fund outperformed. Despite this, the fund house’s assets under management hit all-time highs, reflecting an increase in their total AUM and growth in several key funds.
Northern Arc Capital IPO subscribed 2.87 times on Day 1. Check GMP, other details
Northern Arc Capital’s IPO, which opened for subscription on Monday, saw strong demand, especially from retail investors. The IPO was subscribed 2.87 times on the