News > Axis MF suspends two fund managers

Axis MF suspends two fund managers

Business Standard | 06/05/2022 07:30 PM | Click to read full article

Axis Mutual Fund has suspended two fund managers, Viresh Joshi and Deepak Agarwal, amid allegations of irregularities in managing their funds.

The fund house has reassigned responsibilities to other fund managers for seven schemes. In a statement, the fund house said it has launched a suo moto investigation two months ago to probe potential irregularities.