I had purchased Tata AIG Life Apex Pension 10 plan last year and it offer highest NAV gurenteed. TATA AIG has cheated me in putting my full fund in debt which gives only nominal return and charging all the charges on a regular basis, resulting in high negative return for last one year and will be for all the foreseeable future. I do not have any option of switching fund or withdrawing my money. I seriously believe there is strong nexus between these big companies and regulatory body, othesewise these kind of policy could not have been launched.
Is there anyway I could atleast get my full money back?
I request all the people to be aware of these cheating agents and companies.