What next on Quant Mutual Fund?
Hey Buddies, I am recently started investing in QUANT ELSS MUTUAL FUND to save taxes. However seems like the probe by SEBI is not going in right direction, including:
- CEO Resigned.
- Court Orders for Document Seizure.
- Mutual Fund not returning much now a days.
What steps should I take after this? Shall I change my mutual fund for ELSS? any suggestions on MF i should start investing in?
Thanks.
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Front running cases is common in Mutual funds. Similarly we have seen in axis mutual fund house. Personally my suggestion don't panic. Sandeep Tandon I have attended his events live. He is a powerhouse. He spent around 180crs just to get data. For Analytics. So let's wait and see the SEBI decision.
And also CFO has resigned due to his personal reasons. This has been officially clarified by the Quant Mutual fund. So don't panic.
1.ceo didn't resign. CFO resigned, that too in February
2. Correct
3. Correct
Consult an cfa
Parag Parikh