Principal MF ceased to exist as mutual fund: SEBI

[ad_1] Capital markets regulator SEBI on Thursday said Principal Mutual Fund (PMF) no longer exists as a mutual fund. Asset Management Private Limited (Principal AMC) had informed SEBI that it intends to surrender the registration granted by the regulator to PMF.Subsequently, SEBI accepted the request to surrender the registration certificate of PMF. “Consequently, PMF does not exist as a mutual fund with effect from June 2, 2022,” Securities and Exchange Board of India (SEBI) said in a statement.It further said that the PMF shall remain liable for all liabilities, including…