August 19, 2005
PR No. 104/2005

Registration of SUN F&C Mutual Fund, cancelled

On a request made by SUN F&C Mutual Fund, Securities and Exchange Board of India (SEBI) vide its order dated August 05, 2005 has cancelled the certificate of registration of SUN F&C Mutual Fund and has also withdrawn the approval granted to SUN F&C Asset Management (I) Pvt. Ltd. to act as the asset management company. This order has been passed by Shri Madhukar, Whole Time Member, SEBI. 
 
Consequently, with immediate effect, the SUN F&C Mutual Fund, the Board of Trustees of SUN F&C Mutual Fund and the SUN F&C Asset Management (I) Pvt. Ltd. cannot carry out any activity as a mutual fund, trustees or asset management company as the case may be, in accordance with the regulations.
 
 
Mumbai

August 19, 2005

For full copy of order against SUN F&C MUTUAL FUND, click here.