New Delhi, Sept. 1 -- The Enforcement Directorate (ED) on Tuesday attached movable property in the form of 62,914.316 units of HDFC Balanced Advantage Fund, having a market value of Rs 3.31 crore as on date, in the case of Akshatha Minerals Pvt Ltd and others.

ED's Bengaluru zonal office attached the properties following an attachment order issued under the Prevention of Money Laundering Act (PMLA), 2002.

ED said its investigation was initiated on the basis of an FIR registered by the Central Bureau of Investigation (CBI), Bengaluru, against Akshatha Minerals Pvt Ltd, its directors and others for alleged cheating, criminal conspiracy and use of forged documents.

"Investigation revealed that Akshatha Minerals Pvt Ltd, engaged in trading...