Axis MF Fund Manager Accused of 106 Crore Fraud

The Enforcement Directorate (ED) has actually charged Viresh Joshi, a former fund manager at Axis Mutual Fund (MF), of managing a 106 74 crore scams throughout the pandemic.

• Joshi presumably manipulated remote job conditions to conduct front-running trades between September 2021 and March 2022
• He is charged of making use of secret information to profit himself and connects through shell firms.
• The ED introduced its probe based upon a December 2024 FIR, arresting Joshi in August 2025
• A special court has actually expanded Joshi’s judicial safekeeping and acknowledged an appearing case for money laundering, issuing summons to all 6 implicated.

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