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Mumbai: Axis Mutual Fund's former fund manager Deepak Agrawal has settled a case of professional misconduct with market regulator Sebi by paying ₹85.8 lakh as settlement amount. The settlement terms also involved the clawback of over 43,300 mutual fund units allotted to Agrawal. These units were redeemed and the amount was credited to Axis Quant Fund and Axis Value Fund, Sebi said. The case stems from an inspection Sebi had conducted covering governance-related aspects of Axis Mutual Fund thr ...Read More >
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