Deeply distressed with rumour mongering: Axis AMC Founder CEO on alleged scam

Axis Asset Management Company (AMC) Founder CEO Rajiv Anand on Monday said he is deeply depressed with rumour mongering regarding allegations that two of fund managers (FMs) at Axis Mutual Fund have been removed from their positions for front-running. "If there is a problem, we will address it. Do not malign the reputations of the highly skilled professionals," Anand said.