Registration of Alliance Capital Mutual Fund Cancelled- (Securities and Exchange Board of India) (29 Sep 2016)

MANU/SPRL/0138/2016

Capital Market

At the request of Alliance Capital Mutual Fund, Securities and Exchange Board of India (SEBI), vide its letter dated September 29,2016, has cancelled the certificate of registration of Alliance Capital Mutual Fund and has withdrawn the approval granted to Alliance Capital Asset Management (India) Private Limited, to act as the Asset Management Company to the Mutual Fund.

Consequently, with immediate effect, Alliance Capital Mutual Fund, ACAM Trust Company Private Limited and Alliance Capital Asset Management (India) Private Limited cannot carry out any activity as a Mutual Fund, Trustee Company or Asset Management Company respectively.

Tags : CERTIFICATE REGISTRATION CANCELLATION