New Delhi, Oct 22 (PTI) Markets regulator Sebi on Friday said SREI Mutual Fund now ceases to exist as a mutual fund.

SREI Mutual Fund Asset Management Pvt Ltd had informed the regulator that they want to surrender the registration granted to SREI Mutual Fund Infrastructure Debt Fund (IDF), as per a press release.

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The regulator has accepted the request for surrender of certificate of registration of SREIMF.

"Consequently, SREIMF ceases to exist as a mutual fund w.e.f. October 22, 2021," Sebi said.

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SREIMF will continue to be responsible for all the liabilities / obligations which may arise for the period prior to surrender of certificate of registration.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)