Ex-Axis MF fund mgr pays Rs 86L, case shut

MUMBAI: Former Axis MF fund supervisor Deepak Agrawal has settled a regulatory case with Sebi by paying Rs 85.8 lakh and surrendering over 43,000 items. The case associated to expenses of monetary misconduct, together with sharing inventory suggestions, passing on buying and selling data, and failing to reveal directorships, which Sebi mentioned amounted to violation of MF laws. TNN