Axis MF Front Running Scam | CA Rachana Ranade

[@CARachanaRanade]

Please read the blog as well to understand about the financials of the fund. www.rachanaranade.com/blog/should-i-sell-axis-bluechip-fund

[@nickbell6311]

They are some fraud people online Misusing your name madam

[@harshtrivedi5127]

i am nt able to open this link.. can u post ur blog in this comment section only? i think your website is down

[@kmasky]

How is this different from insider trading ? Front running Vs insider trading ?

[@mitigateddrip6129]

SEBI only caught them because of the email from the whistle blower. What if the person had ignored his suspicion and had not sent an email to SEBI and other regulators? If Viresh Joshi (Axis MF dealer) can do this kind of scam then so can other MF dealers that had access to the Bloomberg order system at their residence. I wonder how many dealers did this thing and went without being caught. How can the regulators allow such a things to happen? It went from complete surveillance at office to no surveillance at home. Such carelessness :( The regulators are portraying themselves like they have done a big task by catching them, however it is because of them that such a thing happened in the first place. I dont think there is any need of praising them. All the effort goes to the person who suspected that something wrong had been done with his account. SEBI should reward him as their entire work is based on this persons sole info

[@maheshgehani3750]

I completely agree with you and was thinking the same things. Don't think Sebi has done proactively

[@bravewarrior1218]

This was because of Covid, total lack of Surveillance on Viresh Joshi's Axis bank dealer at his house.

[@lemedico]

Was it you who emailed?

[@maheshgehani3750]

@@lemedico what do you mean

[@mitigateddrip6129]

@@lemedico 🤣🤣🤣 I wish

[@santoshvidwans1736]

एकदम नेमक्या शब्दात विश्लेषण. मराठी माणसाला सोप्या भाषेत व थोड्या वेळात या सर्व गोष्टी आपण समजावून सांगता. धन्यवाद रचना जी 🙏

[@vigneshwarrajc6629]

I think this is the best video posted in your channel mam . This one deserves a movie or a series. Hats of to you and your team.

[@sreenivasaraotankasala5039]

Unimaginable analysis. Nobody else can do this so nicely and effectively. Though I am an investor in mutual funds I don't know much about it.hats of rachana

[@shitalkumbhare2803]

Ekdum majja aali!! today's session was like an episode of Investigative Journalism! loved it Rachana Ma'am!

[@CARachanaRanade]

Thank you 😇

[@yuvrajpardeshi1429]

Ekdam Thoak Dala. Wah! Grand Salute to SEBI and Hats off to you Rachana for simplifying(kind of demystifying too) this information

[@vaibhavsalvi8410]

Thanks for a detailed video 👍... Now it's Axis after the Franklin fraud... The big question is whom to trust 😭

[@abhishekdeshpande4642]

this was fantastic presentation, would love to see more of such videos 👍

[@Hhh11963]

Seeing all this I feel, we retailers are the real fools who think we can make big in F&O or any other type of trades.

[@sarveshdhopavkar5769]

Bro, then we have to free ourselves from that "Retailer" tag and enroll ourselves into that "HNI" category..😊😊 I hope you get it what I mean to say..!! 👍🙏🙌

[@mubarakabbas]

​@@sarveshdhopavkar5769what is hni

[@nipunperforms]

The dramatic music was a add on to an already insightful information👌 Kudos to your video editing team🙌

[@nileshkapase1316]

Thank you!! I was about to take out my investment from Axis Bluechip fund but after reading your blog and youtube video, I am going to hold my investment in Axis Fund for long term. Fingers crossed.

[@vijayanand8501]

Good decision

[@businessrejuvenateglobal7053]

Thanks for above. As a proud and nationalist Indian, request to explain video on how some offshore entities have invested 90% of their portfolio in Adani group only. Loads of proof available already in public domain. Easy for any CA to introspect and guide others. Let supreme court and SEBI do their job, you can guide from what irregularities transparently available in public domain. We proud and nationalist Indian can educate. Isn't it?

[@AmitJain-ur9xp]

Khup khup chan rachana tai....very beautiful explained kudos

[@murugandevara1982]

SEBI is very good, identifying these small 🐠's. They don't want to take any actions on Adani kind of big people.. Because they need approvals from PM and FM. Poor SEBI. Compared to the political scams which are in Lakhs of crores. These all are nothing.

[@Addlife2days]

Why unnecessarily bring your political party bias here

[@maheshgehani3750]

Somewhere, I will agree with Murugan because it was not Sebi who found this issue they got a complaint via a whistle-blower, and sebi did not do anything before scam happened

[@redjam6016]

bulldozer comg ur way .. haha

[@earth_1943]

Look at hinderberg how are they biased

[@dipmalyagantait4716]

Adani's most companies are new, and most of the report is based on allegations rather than actual proofs.

[@sagarmitkari1514]

waw. a big thumps up. and also to the editor! did a wonderful editing to make it interesting

[@ksliso7378]

Dear Rachana Ji, 🌸 आप financial ज्ञान का भंडार हो👍। आप महान हो👑। We should be looking forward to create the community of smart investors. But to achieve that the generations should know the basics from their childhood. Please come up with some children specific videos which we can show to our children. Because you guys present it in very easy to understand language/discussions. Keep it up guys.

[@CARachanaRanade]

Sure would love to do that!!

[@chotubadu6332]

Mam I am a Government employee and a subscriber to nps since 2017, total xirr since 2017 is 6.5%, for current last financial year it is 3.69% , fund managers are LIC, UTI, SBI. The return are very low , lower than savings account interest rate, i feel something is going wrong, can u please look into it

[@yog146]

Thief's Thief's Thief's. In olden days they said people steal bec they were illiterate and did not had opportunities. In modern times. These people are literate with degrees of what not. And still. No amount of education can stop this . ☹️

[@Kannantimes]

A Thrilling smuggling Story 👏👏👏, nice work and hard work to present 🎉🎉🎉

[@CARachanaRanade]

Thank you 😇

[@sanketg2]

I didn't get much. I have been doing SIP in axis small cap and mid cap from one year. Please tell me should i stop the sip or not?

[@shankars9878]

Excellent rachana. Review of order and analysis of the case. Your presentation is super and explained in simple language and easy to understand . Keep it up.

[@CARachanaRanade]

Thank you..

[@explore_mechboy4838]

Very well explained Mam. But, you also need to highlight & publish content about the scheme handled by Viresh Joshi. Because, this video for any viewers can mislead about entire schemes managed by Axis mutual fund.

[@GunjanShah1000]

Agree Half knowledge is always dangerous.

[@mubarakabbas]

I invested 1 lakh in 2021 in the axis mf, my current value is 95 k, i think its all because of this fraud. Who can help those investors, will they help investors

[@Dr.Phoenix]

After this scam my Axis ELSS has been down significantly... To the point where I'm thinking of stopping SIP

[@mr.market]

bhai is scam se aapka fund down nahi hai, pura market hi down hai is liye hai, vaise aapke elss fund me jo stock hai use kya fark padta hai aise scam se...

[@Dr.Phoenix]

@@mr.market That's what I've been thinking... It goes aginst all logic... But it's not making sense to me somehow... My other funds are down in accordance with market but not this much

[@JourneyWithRetail_Investor]

@@mr.market fark padta hai bro. Jis din ye news aaya tha unke major stock khub gire the. Specially DMART , Bajaj finance. Aur mai usi time entry liya tha Bajaj Finance me. Mujhe yaad hai.

[@mr.market]

@@JourneyWithRetail_Investor bhai ye sab operaters ka khel hota hai, aur ye news base utar chadav to stocks me hote rahete hai agar aap ka najariya long term ka hai to aise news se koi fark nahi padta bhai...

[@malaypangtey]

Long term equity growth?

[@lovenisarg]

what a lovely explanation Rachana mam. As I got interested in the case which you expalined I am reading out the entire 96 page report of SEBI. Also I will be reading your blog about selling the Axis Bluechip MF to take a decision if I should also sell my same MF. Kudos to you and your team for such informative, knowledgeable videos. I have been following, watching you since almost 3-4 years and you are the best one when it comes knowledge, explaining it to people and making aware details of financials.. Hoping for many more such videos....Thank you once again...

[@shanawaznarayanpet3781]

Rachana ma'am agar aap meri school ya phir college teacher hotin to shayad aaj my Sab se achha talented student rehta alhumdulillah.... Huge love to you ma'am May Almighty Allah bless you with fruitful deeds ❤

[@shanawaznarayanpet3781]

Ma sha Allah, Am very happy for your invitation ma'am and i respect you but ma'am currently i couldn't pay anything thing but i can only pray for you ma'am 🙏 in sha Allah whenever i have some money am definitely will loook up to you ma'am 🌹

[@swapanmukherjee7978]

Many thanks Archana ji for the video Alas what a corrupt world we are living

[@lemedico]

Rachana*

[@kanugogoi7677]

This is the best video on the matter among others. Thank you very much .

[@ibrahimsakarwala6685]

Amazing work by SEBI..... Wonder when they will do likewise in the recent Hindenberg Adani case.... Hopefully truth shall prevail...

[@nirmal886]

Adani is big fish.. Govnt support is there

[@AmitRai_04]

Axis is doing the same with me. .. i use to pay there credit card bills . I have paid 4-5 month and suddenly i saw that my balance is not coming down . I called there customer service and they misbehave with me

[@apoorvjain3460]

Mam any comments on Aditya birla 96 elss fund should we redeem from that, it's not performing actually underperforming from so many years

[@omkarvedak4321]

Thank you for the insights. This is not justice. This is just one deal that has come out, the while nexus just shows how the industry operates. There would be many more without whistle blower. Justice is not served as people who had invested in these have lost money at behest of those whom people have entrusted their money. They should be stripped of their wealth and penalty should be levied which take into consideration their total ill gotten wealth including the loss to the MF they have caused.

[@alageshan61]

I have an aversion to anything to do with Axis Bank formerly UTI after the master share days

[@devichandseth2618]

I have invested in Axis blue chip and Axis Growth 25 fund. What should I do ?

[@imt-Indian]

Very much informative topic and well presented.. 🙏🙂💐

[@pradipdani5483]

Omg...a thrilling criminal story in a nutshell Thanks a lot 🙏

[@MrAtul61]

Great video! But the background music was loud and irritating.

[@AshishSharma-uc1zd]

I have invested in Axis Mutual fund AMC, after this fiasco...as a retail investor I have my doubts if Mutual funds houses works woth professionalism. Defaulters and financial misconduct at any level needs severe punishment... Axis Fund manager involved in this scam should be in prison for life...shameless creep

[@minalsatoskar]

Exhisting Fund of Axis Bluchip fund madhla SIP stop karne yogya hoil ka?

[@k.v.suryanarayanarao8826]

VERY GOOD AND CLEAR EXPLANATION OF MORE COMPLEX SUBJECT. VERY NICE.

[@NoBlindlyFollow]

Hello Mam, I am holding Axis Long term equity fund, is this fund also having issue due to Vinet Joshi, Could you please make some video on this ?

[@shripadwarudkar6487]

Superb job done... Ch Rachana... very clear thoughts... educative...

[@santoshsalunkhe5942]

Hello Madam, I am holding Axis mid cap fund, can you please guide should I continue with it or otherwise?

[@TheKaushi007]

I do not understand why my axis bluechip is down? The interest generated is wiped out for 2 years. Now thinking about exiting

[@CARachanaRanade]

I have done a detailed analysis of Axis Bluechip fund in a blog on my website - www.rachanaranade.com/blog/should-i-sell-axis-bluechip-fund

[@TheKaushi007]

​@@CARachanaRanade thanks Rachna, I've read through, now the problem is , Bajaj fin and Avenue , wrt to Bajaj finance , I'm not seeing constant growth as they have a major competition through banking sector , and with Avenue, i believe it's the only major competition against reliance retail. This is giving me jitters , about the future of the fund. Moreover the maneger has not changed the portfolio for a long time...i wonder what's he thinking

[@smartindependenttrader-tam5580]

Thanks, you have clearly explained the scam. But can you also explain how and why it impacts the investors return

[@vivekmudgalglobalcitizen.1279]

. . ~ 👏👏👏 Tnq. CA RPR 👍❤👌😊 . .

[@prathameshduble9120]

Thanks Rachana. It was really helpful.

[@mukulvaidya8194]

Many many thanks...this is the risk in MF and not market...

[@mugiwaraMorrison]

Rachana, couldn't hear you properly throughout the video, maybe increasing the background music volume will help

[@arpitarath4147]

Hi Rachana ji, please explain what is the difference in investing in different fund house Mutual fund(same category). Except the stocks involved, expense ratio and exit load how they are different from each other. Thank you

[@rushikeshmahajan7789]

very good background music. It feels like i am watching suspense thriller movie!

[@pranavr1247]

What is diff between front running and insider trading? And also how can a person be both fund manager and dealer mam? Aren't they different persons?

[@karanmadan1048]

Myself got a suspicious sms to pay sales tax by some GRN no.two days ago. The category of sms is classified as an offer.

[@mvmahesh2]

Thanks for the analysis and guidance. Are all EQ MFs of Axis like Axis Focussed 25 and Equity Saver etc are impacted...?

[@Phenomenal_Top10]

Are the funds invested in the axis mutual fund house safe? Can anyone please clarify what will happen if SEBI bans axis Bank from further Asset management? Coz in the end the retail investors would only suffer . The people who bought Lamborghini are not coming to save retail investors. Please clarify if anyone knows what could happen.

[@naveenkumarsharma2716]

Excellent job done….. one of the most successful and reliable Axis MF House ….. where we can rely ?? 😢

[@Bullyzone410]

Miss because of you I learned stock market basic bcoz of u I earned money at the age of 15 years ago

[@smayascreativity6778]

HI Rachana really deep analysis. Pls tell if we not discounted what we be the effect on fund

[@Elevenharsh]

Hello maam, Im a college student and i have just started to learn about stock market..i had a doubt, why people start investing into a particular company after a good news about that company comes into the market ( due to which the comapny would make profit) Is it because they are expecting dividends? Like i was watching scam 1992, there was a scene where harshad mehta predicted that the stock price of a tea company would increase because they are going to export a lot more tea that year and thus make a lot of profit

[@megaspacebar4664]

Higher export means higher profits and so the profits are shared between holders.

[@shridhargokhale9673]

Nice video and analysis Rachana Madam.

[@bombayjohn3057]

Dhamakedar video! Thank you Ma'm

[@karanrajpurohit-jk3rz]

Mam it was amazing video got the goosebumps…although u r a great in your field but also telling u that u r amazing in story or incidence telling.

[@manigupta9007]

Thank you for the information. I will pause the SIP for now but I will request you to please also let us know when to restart. I know it will take some months, but please upload a video for resume in the fund. Or alteast let us know the time to sell the mf and take of the money

[@premalkansara]

After all this laymen like me who doesn't know ABC of operations but to make future financial strong does SIP..and in this too all this scams....dont know what to do....sometimes i feel k mumbai ka share bazar is chor bazar.

[@rajendraprasadkar4158]

Very informative. Thanks for sharing this Maam.

[@preethishukla8403]

Brilliant!!! Thank you for this

[@ramanathanp1296]

I have ELss sip per month 2500 per month,already Loss ,Top competitive AMC doing along with them better,now time is bad due foreign banks come to bankruptcy, so I want to stop this ELSS ,what will be impact me ,pl answer Mrs Auditor madam

[@gurupraveen355]

Thank you so much mam it was very helpful, pls give us further update so that we can either withdraw or continue bocs my all time savings is with AMF unfortunately.. Thank you for the video again🥰🥰❤️❤️

[@sentinel_Alphacentauri]

similar scams might be running in other mfs too,we are really helpless

[@amitabhagarwal3603]

There is some musical sound ..... Not good

[@tapovan123]

We don't want a movie type background sound effect, we want to learn the concept, there is disturbance due to such continuous background sounds

[@davist.t3169]

request your good intervention to seek SEBI ingervention in investigating the laundry done in the case of Advani group of companies

[@NisarASarkar]

Mind blowing analysis ma'am... Please come up with few more scams

[@rohitchoudhary6317]

maam how could SEBI or any individual can reavel the name of the individual(whistleblower), it can lead to some serious consequences to that whistleblower and as much i know GOI already told that whilstleblower,s name or identity cannot be revealed . Im not sure thats why im just asking that is it fine to reveal the name of the whistleblower

[@manishd6]

Hi Rachna ma'am Are you suggesting no more inflow in all of the equity funds of Axis? Please respond.

[@vibhashsrivastava4459]

Mam this can happen with any AMC.. very scary to hear when you were explaining each and everything very clearly.what to do..how we manage our investment..even now Money in banks seems not to be safe like in U S.I am worried about my investments in market.. anytime anyday from everywhere we can expect scam..banks..MF houses...any company from share market...like DLF... reliance capital....binani cement..what to do plse guide

[@dinijjoshi1262]

I am invested in SIP at axis bank small cap mutual fund. What should I do now ? Can I sell it or Hold ?

[@geekfromthehills]

Nailed it... Can you please do a video on Adani and Hindenburg..

[@kalpeshpitale6866]

Superbly explained ….

[@Abhijitjitu]

Is it recommended to redeem all from quant mutual fund?

[@almedocs]

OMG feeling much fear about this much scam running behind in MF too...just started an MF journey yesterday with axis 😢😮 Keep spearding ur knowledge knowledge rachana we too started sharing ur videos and made subscription for women empowerment

[@mubarakabbas]

I invested 1 lakh in 2021 in the axis mf, my current value is 95 k, i think its all because of this fraud

[@sejal3413]

Hello Rachana Mam, I am holding Axis Long Term Equity Fund, can you please guide should I continue with it?

[@anushaborade6818]

Mam there was one doubt related to share taxation.......... If my profit is more than 2.5 lakh then I have to pay tax...... But this tax is paid to single stock... Or total all stocks.... Ex:- ITC total profit 2 lakh and Tata elexi profit 1 lakh........ So then I have to pay only 15 or 10 % long or short term tax...... Or total tax on 3 lakh profit.....

[@farmer.santhu]

Can you explain how HDFC balance advantage fund is giving dividend that high when markets of this turbulence from past 2 years. Is it real value investment strategy or gimmick of HDFC fund manager. Pls research it and make a video. It's become eye opener to somanypeople

[@laukikkathe574]

It seems the whistle blower did not receive kickbacks after his account was operated to conduct the trades. Did not read the SEBI doc but just a suspicion.

[@pavankadam6948]

Should I sell My MF if I m running SIP . if I stop SIP will Ute impact ????

[@MasterMind-vj2ky]

boss its a old story.. nothing to worry

[@mr.market]

bhai isme fund ko koi problem nahi hogi, keep it up bro..

[@beyond_bounds03]

@@mr.market yeh scam Abhi ka hai kya,,, sip sell krdo kya ..??

[@mr.market]

@@beyond_bounds03 nahi bhai ye purana hai, aur isse fund ko koi problem nahi hai... jo problem hai vo us person ko hai jisne scam kiya hai...

[@buntythephysio]

Should I discontinue our sip in axis focus 25 fund and else fund?

[@surajkolhe6142]

Any suggestions on ongoing sip in axis elss and bluechip?? Stop or exit?? Please suggest

[@rameshchandrapargaien663]

Thank you Rachana Ma'am. Eye opener 🥸

[@adorevelvet]

I have invested in Axis Mutual fund small cap two years back, so in this scenario will I be a loser or will my earnings be wiped off ?

[@unnatihasrajani9412]

A video on what happened with adani

[@ObuliNOK]

Hi Rachana Madam, Can you please make a video on how to book profit to get benefit of Rs.1Lakh capital gain in Income Tax.

[@bubblebath2892]

What does this mean for a regular investor - should we sell the Axis MF. That we own ??

[@nfuel99]

the moment we switch mutual fund due to fund manager doing illegal stuff , not in our control, we have to pay 10% capital gain tax. govt should make mutual fund switches nontaxable. that is the only way we can teach these mutual funds a lesson.

[@piyushkriplani146]

Rachna mam clear nahi hua, i got that all these transactions happened but how did they make profit out of it ?? Second should we come out of Axis mutual fund schemes? Basics are not clear at all

[@pateldhruv2930]

Amzing awerness Mam thank you

[@avirupsaha100]

Dear Mam, please make a video on Nazara Technologies

[@avinashshewale2601]

पॅन कार्ड आधार कार्डचीी लिंक करणे जरुरी आहे का

[@amar0389]

Will sebi publish similar investigation report for Vinod Adani Mauritius shell Entities for pumping and Dumping?

[@SaurabhKumar-tx4ps]

What should I do in axis focused 25 fund, invested since 1.5 years and current return is -14%

[@cherukurisaitharun5012]

Better invest individually. Take some time and learn how stock markets

[@CARachanaRanade]

I have done an analysis of Axis Bluechip fund in a blog on my website - www.rachanaranade.com/blog/should-i-sell-axis-bluechip-fund It can serve as a guide for you to analyse Axis Focused fund.

[@MithileshJha_MCA]

Hi Rachna mam, I have invested some amount in axis small cap fund direct growth , should i withdraw that ?