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UTI Mutual Fund Complaints & Reviews

UTI Mutual Fund / Non dispatch of unit certificate of mepus

Sa
Mar 26, 2017

First Holder: Satish Kumar Singh Reference: Inv.ID/Folio No /DP/Client ID: 54829311043 Scheme/ Plan: MEPUS( Income) ; Unit- 809 Unit Certificate Number: 200-95-1590140953 on 01.04.2005. Date of Acceptance: 18- Nov-2005; Matured MIP- Unit Certificate Number: 200-95-1590140953 Number of MIP-95 Units 1000 Complaint: The original MEPUS Unit Certificate was submitted for redemption in 2005 with all papers. But objection was communicated vide objection note dated 19.11.2005 with following notes: Objection Details: Joint Holder has not signed/ Signature mismatch. I wrote on August 21, 2006 to the...

UTI Mutual Fund / UTI DIVIDEND YIELD FUND - DIVIDENDS - YEAR 2011

Vs
Aug 15, 2012

Sir, I am an NRI and I am holding 1, 514.215 Units of UTI Dividend Yield Fund, against Folio # 523230038716. I had requested through UTI Mutual Fund, Kalyan Branch for changing my Bank Mandates during May/June 2011, but they had lost my request itself. During my recent vacation in May/June 2012, surprisingly I had seen a letter from your Registrar & Transfer Agents – Karvy, requesting me to re-submit my request with all supporting documents and I did so. Thereafter, I received an e-mail confirmation for having updated with my New Bank Mandates of State Bank of India, Murbad Road Branch...

UTI Mutual Fund / transmission of units

Su
May 16, 2011

On 6th march 2011 I had submitted documents for transmission of units of uti MEPUS mutual fund in collection center. they gave acknowledgement also saying it takes one month for transmission. But till now i havn't received any email from them today i went and enquired about the matter but shockingly they said the documents are lost please do submit again. It shows their irresponsibily and the they treat investors arrogantly. Very bad customer service. I never want to invest in uti again

UTI Mutual Fund / No receipt of payment nearly after 6 months from redemption

Na

I had applied for redemption of all units for my UTI Master equity plan some time in Nov '07 . They told me that I will get the cheque within 7 days, but I got the cheque dated 13 -11-07 valid up to 12 -01-08, only after 12-01-08. so could not encash the same. i requested in writing for reissue of the cheque number of times I am just tired of placing and following complaints and doing rounds of UTI MF head office at Allahabad; nothing seems to happen and I clearly feel neglected. Initially I had placed a complaint to their Branch office in Allahabad, but there was no response for more...

UTI Mutual Fund / Money not received after nearly 3 months from redemption

Ri

I had applied for redemption of all units for my UTI Growth and Value Fund (now merged with UTI Mid Cap Fund) on 21st January, 2008. They told me that I will get the amount transferred to my bank account within 3-4 days, but I never got my money. I am just tired of placing and following complaints and doing rounds of UTI MF head office at Bandra; nothing seems to happen and I clearly feel neglected and I am sure they have stolen my money. Initially I had placed a complaint through their call center but there was no response for more than a couple of weeks. Then, I contacted an official from their...