In his first address to investors after the front-running investigation at Quant Mutual Fund (MF) came to the fore, chief executive officer (CEO) Sandeep Tandon said investors have nothing to worry about as the fund's management will continue unaffected and schemes remain high on liquidity.
"About 53 per cent of our portfolio is liquid. We have demonstrated our ability to manage both the fear of knowns and unknowns. We are a risk management fund house," he said.
Tandon, who is also the founder and chief investment officer of Quant MF, said the fund house was cooperating with the Securities and Exchange Board of India (Sebi). In fact, a dedicated team was providing data to the regulator regularly.
This story is from the June 27, 2024 edition of Business Standard.
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This story is from the June 27, 2024 edition of Business Standard.
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