Tata Mutual Fund Complaints & Reviews

Dear sir
I have requested for redemption money from Tata Mutual fund in my Folio No. 6043503 on 20th July 2021. I requested for redemption money by NEFT TRANSFER as I am a senior citizen and during pandemic I am unable to go to my Bank and I am out of station. But they have sent cheque to my registered address and was returned back. For NEFT transfer first they informed IFSC code is invalid and then they informed investor account number...

Have lodged a complaint on 27.01.2021 about error in their system to generate OTP to transact online. but till now the matter is not resolved. please refer below subject of the complaint lodged on 27.01.2021 and their complaint number alloted.

TataMF=[protected]' Problem to generate OTP - folio 3859868/62...

1. I had done an stp on 12 sep 2019. Confirmation is given below:-

Dear investor,

We thank you for your online request for systematic transfer plan (Stp).
The stp details are as follows:

Ref no 1316054
Folio 4020846
From scheme tata india consumer fund direct plan growth
To scheme tata gilt securities fund
Frequency monthly
Amount 50000
Start...

Dear sir / mam,

My self surendra singh jadon and i have purchased tata mutual fund in september 2010, that time i was living at 62/b, jagruti apartment, sector 71, noida-201301. Now since 2015 we shifted from noida to gwalior at our permanent address 910, aditya residency, opposite d. B. City, gwalior - 474011. At gwalior cams office i have submitted address change request with my aadhar card but till date address is not...

Hi,

I did online investment in tata mutual fund, it first asked me to do ekyc which i did; and then it allowed me to go for sip of rs. 2000/- per week.

It debited my bank account rs. 2000/- towards sip and two days later it said transaction is rejected with a reason it exceeds rs 50, 000/- per annum. But amount is not credited back to my bank account. When called their customer care, they made me to wait for...

Sir My folio no is 4544631/39 which is an SIP started from 07 Sep 18 and installment date is 19th of every month. On 19 Sep 18 an amount of Rs.500 was auto debited from my bank Account as 1st installment for which they even sent a statement stating 3.477 units at Nav 143.7965 were allotted in my folio on 22 Sep 18. Till 17 Oct 18 it was showing in my online account but suddenly from 18 Oct 18 it was showing zero units in my folio for which...

Sirs,
There is a huge fall in nav of tata short term bond fund on 19/09/2018 and we have lost heavily. We pay the highest expense ratios and yet the funds are grossly mis-managed.
Mr murthy nagarajan was not there? This could have been easily avoided.
As investors, we would like to know the details of this fall and the integrity of procedure followed in investments....

Ref: tata mutual fund
Name : praveen mohan folio number: 3935726/50

Sir

As i came to understand, tata mutual fund has declared dividend to all their mutual fund holders and i am also one among them. But till today, the dividend amount has not remitted to my account. I am not getting any satisfactory answer from integrated tripunithura or tata mutual fund personnel. Both are agreed that the amount is distributed...

I had donated some units under Tata Young Citizens` Fund to Sulagna Chakraborty , who attained majority on 03/12/2012 .
Folio no.70512/21 .
The scheme still states that attestation of the signature of the donee child
by the donor is sufficient for redemption of the units on mionor attaining the
majority status .
But alas !
For the last six months , we havebeen trying in vain to redeem the units.br...

I have submitted request for change of Signature details but it has been rejected saying that they need proof of old bank details. I don't have any transaction with old bank and account has been closed. Also I had submitted details of new bank account but now they are insisting on proof of old bank account. I'm not getting any proper response from Tata Mutual fund and very frustrated due to this kind of support. Please help.br...

I have submitted request for change of bank details but it has been rejected saying that they need proof of old bank details. I had submitted details of new bank account but now they are insisting on proof of old bank account. I am a senior citizen, these kind of requirement to unnecessarily delaying and leading to mental frustration, as I am in urgent need of money and can;t be redeemed awaiting updation of my bank account.

Folio...

Dear concern,

Kindly tell who will be responsible as per below mail for bouncing of cheque.I have bear a loss due to this. How they debit 3 ECS and they didnt find that there is wrong account number at the first time and why it find after 3 installment? kindly suggest and resolve the same.

regards
manoj

Trail mail

On Wed, 19 May 2010 11:50:36 +0530 wrote
>
br...

I sent my redemptoin request with signature attested by the manager of bank as given in original application and where redemption amount has to be finally credited .It was done on basis of advice given by agent and executive of Tata Mutual fund when first redemption request was rejected on basis of mismatch of signature .
I was informed about this after a month after I started asking dealy in making the payment against request.br...

DEAR SIR,



I HAD JOINED TATA MUTUAL FUND IN MAY THIS YEAR. THE FOLIO NUMBER IS
2485411/60. BUT I COULD NOT REDEEM EVEN ONCE DESPITE SIX ATTEMPTS. KINDLY DO THE
NEEDFUL.

WITH WARM REGARDS

YOURS SINCERELY

A M VERGHESE...