Quant MF CEO tells investors not to fall prey to narratives
Business Standard|June 27, 2024
Says net ₹1,398 crore withdrawn in last few days
ABHISHEK KUMAR

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.

Bu hikaye Business Standard dergisinin June 27, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Business Standard dergisinin June 27, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS STANDARD DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Business Standard

Samsung relocation buzz sends alarm bells ringing

Sri City, a special economic zone in Andhra Pradesh, may be seeing an opportunity next door as a strike at Samsung's Sriperumbudur plant in Tamil Nadu-which is just 75-km away - entered the second month.

time-read
3 dak  |
October 10, 2024
Brand Maggi stronger than ever as Nestlé India gears up for new leader
Business Standard

Brand Maggi stronger than ever as Nestlé India gears up for new leader

Nothing has presented \"two minutes\" as tastefully as Maggi since its entry into India over four decades ago.

time-read
2 dak  |
October 10, 2024
India on top of luxury firms' 'watch' list
Business Standard

India on top of luxury firms' 'watch' list

Country's appetite for premium watches grows as China sees a downturn

time-read
3 dak  |
October 10, 2024
Business Standard

BURNING ISSUE

Minimum support price has been a bone of contention between the farmers in Punjab and the state and Centre

time-read
3 dak  |
October 10, 2024
Missing funds went to legitimate purpose, says Byju's founder
Business Standard

Missing funds went to legitimate purpose, says Byju's founder

The founder of Byju's, a once high-flying Indian education company that defaulted on its US debts, denied that he orchestrated a scheme to fraudulently transfer $533 million away from lenders.

time-read
2 dak  |
October 10, 2024
Fortified rice supply, border roads get ₹21K cr Cabinet push
Business Standard

Fortified rice supply, border roads get ₹21K cr Cabinet push

2,280 km roads to be builtin Rajasthan, Punjab borderareas

time-read
2 dak  |
October 10, 2024
Business Standard

More upside in Zomato's stock, but competition also rising

The filing of Swiggy's DRHP has led to direct comparisons with Zomato, which is a direct competitor in food delivery and the fast-growing quick-commerce segment where Blinkit (owned by Zomato) faces off against Instamart (and Zepto). In Q-commerce, Flipkart, Amazon, Reliance and Big Basket are all entering the space. All of them have deep pockets, hence competitive intensity will rise going forward.

time-read
2 dak  |
October 10, 2024
India set to join FTSE Russell bond index next year
Business Standard

India set to join FTSE Russell bond index next year

South Korean bonds to be added to FTSE World Government Bond Index

time-read
2 dak  |
October 10, 2024
Mkts erase gains amid sustained FPI selling
Business Standard

Mkts erase gains amid sustained FPI selling

India's benchmark indices made positive strides for the second consecutive session on Wednesday, but sustained selling by overseas investors saw them erase their gains.

time-read
1 min  |
October 10, 2024
‘Anxiety as a symptom of anxiety’
Business Standard

‘Anxiety as a symptom of anxiety’

Today, as we become our own diagnosticians, a quick Google search is handy but not always warranted. Inevitably, one question leads to an obsessive two hour-long spiral down the rabbit hole that is the internet, whether or not the issue deserves such immediacy. This behaviour is not new, as Caroline Crampton points out in her second book, A Body Made of Glass, although it has been on the rise.

time-read
3 dak  |
October 10, 2024