[Resolved]  Bajaj Allianz — Fraud mutual funds and fraud agent, fraud company.Please don't invest in mutual fund

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Bangalore, Karnataka

Hi all,
We invested in mutual fund in which we had to pay Rs. 50,000/- every year for 8 years. we would get double the amount after 8 yrs. Now that we had to withdraw our money for some emergency after 3yrs, the amount had to be Rs. 1, 50, 000/- We instead of getting the said amount, we got Rs. 30, 000/- less. Our money was with them for 3yrs and what did we get?? Not even principle amount, we got less than that. If we keep our hard earned money in bank, we would atleast get principle amount with interest amount. These mutual funds agents never speak about risks involved in it. Bledy greedy agents. Dear people, please dont invest in mutual funds because the return depends on the market risk. You never know. So these mutual fund agents, mutual fund plans and mutual fund companies are totally fraud. We have experienced it. believe it.
Thanks