SEBI, the capital markets regulator, has levied penalties totalling Rs 16 lakh on Edelweiss Asset Management Ltd, its CEO Radhika Gupta, and fund manager Trideep Bhattacharya for non-compliance with mutual fund regulations. Edelweiss Asset Management was fined Rs 8 lakh, while Gupta and Bhattacharya were each penalized Rs 4 lakh. The regulator has ordered them …