Retail investors invest their hard earned money through mutual funds, trusting the fund house and fund managers to do best in garnering better returns. Fund managers are also paid by investors for their skills, through the fund management charge. But sometimes, the responsibility to investors is forgotten. Axis Mutual Fund is under scrutiny for what is called front-running or tailgating (trading a security before the fund can do so, thus getting an undue advantage of knowing the price movements in advance).