Quant Mutual Fund issues clarification on Sebi probe in front-running case
Sebi conducted search and seizure operations in a suspected case of front-running, Quant Mutual Fund said it is cooperating with the regulator and remains committed to delivering superior risk-adjusted returns.
«Recently, quant Mutual Fund has received inquiries from SEBI, and we want to address any concerns you may have regarding this matter. We want to assure you that Quant Mutual Fund is a regulated entity, and we are always fully committed to cooperate with the regulator throughout any review. We will provide all necessary support and continue to furnish data to SEBI on a regular and as-needed basis,» Quant said in a note to clients.
While reiterating that its primary goal of delivering superior risk-adjusted returns to investors remains unchanged, the AMC said, «We appreciate the confidence, faith, and strength of 80 lacs plus folios and 93,000 AUM and we believe that the same support will continue as quant’s research capabilities and analytical tools will keep our investors ahead in the curve and we remain committed to delivering superior risk-adjusted returns in the future too.»
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Also Read: Sebi suspects front-running at Quant MF, launches probe
«Your confidence in the Quant Mutual Fund is of utmost importance to us, and we are dedicated to maintaining transparency and adherence to regulatory standards,» Quant said.
Sebi suspects that either a dealer from Quant or a broking firm through which the fund
