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kotak mahindra K50 MUTAL FUND NOT PERFORMING

This is a discussion on kotak mahindra K50 MUTAL FUND NOT PERFORMING within the Mutual Fund forums, part of the Investment category; DEAR SIR, I have PURCHASING with KOTAK MAHINRDA mutual fund G50 from 07-april 2008 to till date, you /company are ...

  1. #1
    KBALKRISHNA2015 is offline Junior Member
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    Default kotak mahindra K50 MUTAL FUND NOT PERFORMING

    DEAR SIR,
    I have PURCHASING with KOTAK MAHINRDA mutual fund G50 from 07-april 2008 to till date,
    you /company are not communicated with me by telephone or any mail by single event,
    TILL DATE I HAD PURCHASED RS 48000 & FUND VLAUE SHOWING ONLY RS 54000
    IF I MAKE THIS MONEY IN ANY BANK WITH FIX DEPOSIT , THEN I WOULD GET RS 72487=00,
    ANd COMPANY SHOWING that they WILL ONLY GIVING PROBABLY RS 65000=00
    PL. RESOLVE THIS MATTER

    KSHIRSAGAR BALU TRMABAKRAO
    +919890759269
    NASIK
    Last edited by KBALKRISHNA2015; 07-22-2012 at 06:33 PM. Reason: WRITTING MISTAKE

  2. #2
    Kotak Support is offline Senior Member
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    Quote Originally Posted by KBALKRISHNA2015 View Post
    DEAR SIR,
    I have PURCHASING with KOTAK MAHINRDA mutual fund G50 from 07-april 2008 to till date,
    you /company are not communicated with me by telephone or any mail by single event,
    TILL DATE I HAD PURCHASED RS 48000 & FUND VLAUE SHOWING ONLY RS 54000
    IF I MAKE THIS MONEY IN ANY BANK WITH FIX DEPOSIT , THEN I WOULD GET RS 72487=00,
    ANd COMPANY SHOWING that they WILL ONLY GIVING PROBABLY RS 65000=00
    PL. RESOLVE THIS MATTER

    KSHIRSAGAR BALU TRMABAKRAO
    +919890759269
    NASIK



    Dear Balkrishna,

    We Trust our Kotak Mahindra Mutual Fund team member has already addressed all your concerns to your satisfaction.

    Assuring you of our best services at all times.

    Thanks and Regards,
    Kotak Support Team.

  3. #3
    KBALKRISHNA2015 is offline Junior Member
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    To
    Kotak mahindra team

    we have not discussed anything
    if yes ,then
    pl. upload our discussion
    & pl. discussion must be in writting in mail only not by tele discussion
    your employee asking only name , policy no & says we will call you
    & then you are wriiting in this forum that
    we resolved matter to satisfaction of customer

    cc- Comsumer forum

    kshirsagar
    24.07.2012

  4. #4
    Kotak Support is offline Senior Member
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    Quote Originally Posted by KBALKRISHNA2015 View Post
    To
    Kotak mahindra team

    we have not discussed anything
    if yes ,then
    pl. upload our discussion
    & pl. discussion must be in writting in mail only not by tele discussion
    your employee asking only name , policy no & says we will call you
    & then you are wriiting in this forum that
    we resolved matter to satisfaction of customer

    cc- Comsumer forum

    kshirsagar
    24.07.2012



    A letter has been sent to you on July 20, 2012 via vide Blue dart courier with AWB No. 13601190105. However, the consignment has come back to Mumbai Blue dart office for the reason “Incomplete Address’.

    We have sent the letter to the address registered in our records as given in the application.

    Request you to kindly provide your email id and we shall scan and send a copy of the same to you.

    Regards,
    Kotak Support Team.

  5. #5
    KBALKRISHNA2015 is offline Junior Member
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    Default

    TO KOTAK MAHINDRA TEAM
    my email id as below
    kbalkrishna2000@gmail.com
    btkshirsagar@rediffmail.com
    btkshirsagar@yahoo.co.in


    Current residence address
    KSHIRSAGAR BT
    ROOM NO-3 ,SEVA ROW HOUSES,
    SECTOR-BHADRAPAD,
    NEAR BHARAT PETROLEUM COMPLEX,
    CIDCO
    NASIK-422010


    CC- CONSUMER FORUM

  6. #6
    KBALKRISHNA2015 is offline Junior Member
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    Dear Sameer,

    GREETINGS!

    "Sameer.nesarikar@kotak.com" <Sameer.nesarikar@kotak.com>
    To: btkshirsagar@yahoo.co.in
    Sent: Thursday, 26 July 2012 4:58 PM
    Subject: Response to your Query - Folio 1398335/51





    FIRST THANKS FOR REPLY,


    YOU ARE WRITING THAT FD & MUTUAL FUND ARE NOT COMPARABLE,



    WHILE TAKING THIS FUND YOU ARE SAYING DO NOT INVEST IN TRADITIONAL WAY


    IF YOU YOU TO EARN MORE THAN THEN START NEW WAY OF EARNING


    IT IS LOGICAL -THERE MAY BE SOME PROBLEM , BUT VERY LITTLE.



    BUT I THINK KOTAK MAHINDRA MUTUAL FUND ARE MANAGED TO GROW ONLY COMPANY & BROKER ,NOT FOR INVESTOR
    IF THIS MONEY INVESTING IN ENERGY, FINANCE, TECHNOLOGY, FMCG, AUTOMOBILE, ENGINEERING METALS, CHEMICAL SERVICES,

    DIVERSIFIED


    IF YOU INVESTED OUR MONEY IN THIS SECTOR, THEN THEY WILL PAY YOU WITH INTEREST,


    THEN HOW SHARE MARKET RELATION & INVESTMENT IN ABOVE SAID SECTOR COMPARABLE


    THEY ARE GIVING INTEREST TO YOU, FOR YOUR INVESTMENT IN VARIOUSE SECTOR, EVEN MARKET GO UP OR GO DOWN.




    PL. REPLY

    cc- IRDA
    Your grievance application No is: 07-12-018121 which may be quoted in future correspondence with IRDA and further follow-up with Insurer.
    Regards,
    Consumer Affairs Department
    IRDA
    Basheerbagh
    Hyderabad

    THANKS


    KSHIRSAGAR

    26.07.0212

  7. #7
    KBALKRISHNA2015 is offline Junior Member
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    Default Can i get benefit from kotak mahindra mutual fund company

    dear sir,
    what will happen of this complaint?
    can I get benefit from kotak mahindra mutual fund AS WHATEVER LOSS ?

    kotak mahindra mutual fund account no-1398335/51
    mutual fund name- KOTAK -G50

    SIP STARTING FROM 7 APRIL 2008 TO TILL DATE RS 49000 ALREADY PAID
    FUND VALUE SHOWING ONLY 53000 (ADDITION OF ONLY RS 4000)


    your grievance application No is: 07-12-018121 which may be quoted in future correspondence with IRDA and further follow-up with Insurer.

  8. #8
    KBALKRISHNA2015 is offline Junior Member
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    kotak mahindra K50 MUTAL FUND NOT PERFORMING-very-bad-performance-kotak-mahindra-comapre-other-mutual-fund.jpg
    very bad performance of kotak mahindra mutual fund -G50 WITH OTHER MUTUAL FUND

  9. #9
    Kotak Support is offline Senior Member
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    Default

    Quote Originally Posted by KBALKRISHNA2015 View Post
    dear sir,
    what will happen of this complaint?
    can I get benefit from kotak mahindra mutual fund AS WHATEVER LOSS ?

    kotak mahindra mutual fund account no-1398335/51
    mutual fund name- KOTAK -G50

    SIP STARTING FROM 7 APRIL 2008 TO TILL DATE RS 49000 ALREADY PAID
    FUND VALUE SHOWING ONLY 53000 (ADDITION OF ONLY RS 4000)


    your grievance application No is: 07-12-018121 which may be quoted in future correspondence with IRDA and further follow-up with Insurer.
    Dear Sir,

    This is with reference to your complaint registered on website consumercourt.in on August 01, 2012.

    In this respect we wish to reiterate that we have already addressed your concern through our Response Letter dated July 20, 2012 with Reference Number KMMF/IR/MJ/2012_13/106. Please find attached a copy of the same for your reference.

    We trust we have adequately clarified the matter to you and we shall be treating the matter as closed.

    Regards,
    Kotak Support Team
    Last edited by Kotak Support; 08-13-2012 at 02:27 PM.

  10. #10
    KBALKRISHNA2015 is offline Junior Member
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    Default



    dear sir,
    have you read comparision of you mutual fund with birla mutual fund?
    first read & then write this forum
    don't close as this is very serious matter

    what will happen of this complaint?
    can I get benefit from kotak mahindra mutual fund AS WHATEVER LOSS ?

    kotak mahindra mutual fund account no-1398335/51
    mutual fund name- KOTAK -G50

    SIP STARTING FROM 7 APRIL 2008 TO TILL DATE RS 49000 ALREADY PAID
    FUND VALUE SHOWING ONLY 53000 (ADDITION OF ONLY RS 4000)


    your grievance application No is: 07-12-018121 which may be quoted in future correspondence with IRDA and further follow-up with Insurer.




  11. #11
    KBALKRISHNA2015 is offline Junior Member
    Join Date
    Jul 2012
    Posts
    10

    Default

    To,
    Manager
    Kotak mahindra mutual fund

    dear sir,
    have you read comparision of you mutual fund with birla mutual fund?
    first read & then write this forum
    don't close as this is very serious matter

    what will happen of this complaint?
    can I get benefit from kotak mahindra mutual fund AS WHATEVER LOSS ?

    kotak mahindra mutual fund account no-1398335/51
    mutual fund name- KOTAK -G50

    SIP STARTING FROM 7 APRIL 2008 TO TILL DATE RS 49000 ALREADY PAID
    FUND VALUE SHOWING ONLY 53000 (ADDITION OF ONLY RS 4000)


    your grievance application No is: 07-12-018121 which may be quoted in future correspondence with IRDA and further follow-up with Insurer.

  12. #12
    Kotak Support is offline Senior Member
    Join Date
    Oct 2010
    Posts
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    Default

    Quote Originally Posted by KBALKRISHNA2015 View Post
    To,
    Manager
    Kotak mahindra mutual fund

    dear sir,
    have you read comparision of you mutual fund with birla mutual fund?
    first read & then write this forum
    don't close as this is very serious matter

    what will happen of this complaint?
    can I get benefit from kotak mahindra mutual fund AS WHATEVER LOSS ?

    kotak mahindra mutual fund account no-1398335/51
    mutual fund name- KOTAK -G50

    SIP STARTING FROM 7 APRIL 2008 TO TILL DATE RS 49000 ALREADY PAID
    FUND VALUE SHOWING ONLY 53000 (ADDITION OF ONLY RS 4000)


    your grievance application No is: 07-12-018121 which may be quoted in future correspondence with IRDA and further follow-up with Insurer.

    Dear Sir,

    This is with reference to your complaint registered on website consumercourt.in on August 01, 2012.

    In this respect we wish to reiterate that we have already addressed your concern through our Response Letter dated July 20, 2012 with Reference Number KMMF/IR/MJ/2012_13/106. Please find attached a copy of the same for your reference.

    We trust we have adequately clarified the matter to you and we shall be treating the matter as closed.

    Regards,
    Kotak Support Team

  13. #13
    Kotak Support is offline Senior Member
    Join Date
    Oct 2010
    Posts
    339

    Default

    Quote Originally Posted by KBALKRISHNA2015 View Post


    dear sir,
    have you read comparision of you mutual fund with birla mutual fund?
    first read & then write this forum
    don't close as this is very serious matter

    what will happen of this complaint?
    can I get benefit from kotak mahindra mutual fund AS WHATEVER LOSS ?

    kotak mahindra mutual fund account no-1398335/51
    mutual fund name- KOTAK -G50

    SIP STARTING FROM 7 APRIL 2008 TO TILL DATE RS 49000 ALREADY PAID
    FUND VALUE SHOWING ONLY 53000 (ADDITION OF ONLY RS 4000)


    your grievance application No is: 07-12-018121 which may be quoted in future correspondence with IRDA and further follow-up with Insurer.




    Dear Sir,

    This is with reference to your complaint registered on website consumercourt.in on August 01, 2012.

    In this respect we wish to reiterate that we have already addressed your concern through our Response Letter dated July 20, 2012 with Reference Number KMMF/IR/MJ/2012_13/106. Please find attached a copy of the same for your reference.

    We trust we have adequately clarified the matter to you and we shall be treating the matter as closed.

    Regards,
    Kotak Support Team

  14. #14
    Kotak Support is offline Senior Member
    Join Date
    Oct 2010
    Posts
    339

    Default

    Quote Originally Posted by KBALKRISHNA2015 View Post


    dear sir,
    have you read comparision of you mutual fund with birla mutual fund?
    first read & then write this forum
    don't close as this is very serious matter

    what will happen of this complaint?
    can I get benefit from kotak mahindra mutual fund AS WHATEVER LOSS ?

    kotak mahindra mutual fund account no-1398335/51
    mutual fund name- KOTAK -G50

    SIP STARTING FROM 7 APRIL 2008 TO TILL DATE RS 49000 ALREADY PAID
    FUND VALUE SHOWING ONLY 53000 (ADDITION OF ONLY RS 4000)


    your grievance application No is: 07-12-018121 which may be quoted in future correspondence with IRDA and further follow-up with Insurer.




    Dear Sir,

    This is with reference to your complaint registered on website consumercourt.in on August 01, 2012.

    In this respect we wish to reiterate that we have already addressed your concern through our Response Letter dated July 20, 2012 with Reference Number KMMF/IR/MJ/2012_13/106. Please find attached a copy of the same for your reference.

    We trust we have adequately clarified the matter to you and we shall be treating the matter as closed.

    Regards,
    Kotak Support Team

  15. #15
    KBALKRISHNA2015 is offline Junior Member
    Join Date
    Jul 2012
    Posts
    10

    Default

    To,
    Manager
    Kotak mahindra mutual fund

    note :- pl do not close from your side
    dear sir,
    have you read comparision of you mutual fund with birla mutual fund?
    first read & then write this forum
    don't close as this is very serious matter

    what will happen of this complaint?
    can I get benefit from kotak mahindra mutual fund AS WHATEVER LOSS ?

    kotak mahindra mutual fund account no-1398335/51
    mutual fund name- KOTAK -G50

    SIP STARTING FROM 7 APRIL 2008 TO TILL DATE RS 49000 ALREADY PAID
    FUND VALUE SHOWING ONLY 53000 (ADDITION OF ONLY RS 4000)


    your grievance application No is: 07-12-018121 which may be quoted in future correspondence with IRDA and further follow-up with Insurer.

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