BOI AXA Investment Managers, 5 others settle case with Sebi for Rs 3.92 crore
As per the order, the regulator conducted a thematic inspection of BOI AXA Mutual Fund for the period August 2018 to February 2019 to verify the books of accounts, records and other documents pertaining to the mutual fund with respect to Inter Scheme Transfers (ISTs) and valuation of downgraded debt securities.