The markets regulator Securities and Exchange Board of India (Sebi) has cancelled the registration certificate of JP Morgan Mutual Fund following the transfer of its schemes to Edelweiss Mutual Fund.
Besides, Sebi has withdrawn the approval given to JP Morgan Asset Management India to act as an asset management company (AMC) to JP Morgan Mutual Fund.
In a release, Sebi said pursuant to transfer of schemes of JP Morgan Mutual Fund to Edelweiss Mutual Fund and at the request of J ..