$11 billion Quant Mutual Fund faces Sebi inquiry
Monday, 24 June 2024
Quant Mutual Fund, a multi-asset manager overseeing $11 billion, has received inquiries from India’s stock-market regulator, the Securities and Exchange Board of India (SEBI), and has pledged full compliance with the review. The fund said it will provide SEBI with all necessary support and data. Quant Mutual Fund is one of India’s largest asset managers and has been a key beneficiary of the surging inflows into stock market from local individual investors.
Quant Mutual Fund, a multi-asset manager overseeing $11 billion, has received inquiries from India’s stock-market regulator, the Securities and Exchange Board of India (SEBI), and has pledged full compliance with the review. The fund said it will provide SEBI with all necessary support and data. Quant Mutual Fund is one of India’s largest asset managers and has been a key beneficiary of the surging inflows into stock market from local individual investors.
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