Complaint Details

Status : Closed Closed
Complaint No
: 0003075/2013
Category : Business & Finance
Date : 29-01-2013
Subject Line : Divident warrent
     
Complainant : Divident warrent
Address : 603/B BGR t/ship
     
Complainee : UTI Mutual Fund
Address :

 

Complaint Details
I have invested in UTI contra fund (Folio No. 11420783641) in the name of my som Master Pranshu Goyal (Minor). At the time of investment they were not asking for any age proof of minor. Now at the time of redeem they are asking for age proof of minor. Also they are issuing a warrant in the name of minor while Account linked from the folio is in the name of nominee. They are credited dividend amount through internet banking while redeem amount is issuing through warrant. Correspondence attached here with.

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