Moneycontrol
Nov 02, 2017 12:36 PM IST | Source: Moneycontrol.com

Peerless Mutual Fund renamed as Essel Mutual Fund

Earlier in August, Essel Finance had got the Securities and Exchange Board of India's approval to acquire Peerless Funds Management

Peerless Mutual Fund has been renamed as Essel Mutual Fund with effect from November 1, a newspaper notice from the fund house stated today.

Earlier in August, Essel Finance had got the Securities and Exchange Board of India's approval to acquire Peerless Funds Management.

Subsequently, the names of the Asset Management Company has been changed from 'Peerless Funds Management Co Limited' to 'Essel Finance AMC limited with effect from October 24.

Als0, the name of the trustee company has been changed from 'Peerless Trust Managedment' to 'Essel MF Trustee' with effect from October 30.

Consequently, scheme names with prefix 'Peerless' has been changed to 'Essel'.

Below is the list of the schemes along with its new name:

Old Name                                                        New Name

Peerless Liquid Fund                                 Essel Liquid Fund

Peerless Ultra Short Term Fund               Essel Ultra Short Term Fund

Peerless Short Term Fund                        Essel Short Term Fund

Peerless Flexible Income Fund                 Essel Flexible Income Fund

Peerless Income Plus Fund                       Essel Income Plus Fund

Peerless 3 in 1 Fund                                   Essel 3 in 1 Fund

Peerless Equity Fund                                 Essel Equity Fund

Peerless Midcap Fund                                Essel Midcap Fund

Peerless Long Term Advantage Fund       Essel Long Term Advantage Fund

 
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