[Resolved]  Karvy — Serious complain ; redemption of amount in folio nos ;[protected],[protected],[protected] under uti long term advantage fund

Address:712201
Website:www.karvymfs.com

Ar sir,

I have just get three messege from you that redemption of amount in folio nos

;[protected],[protected],[protected] under uti long term advantage fund

Has been processed at your end.

Please note the fact i have not filled any form for redemption either in your office

Or ant uti office.

Please look into the matter and revart to me forthwith to avoid any financilal loss.

Expecting your cooperations,
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May 2, 2017
Complaint marked as Resolved 
Karvy customer support has been notified about the posted complaint.
Verified Support
Apr 01, 2017
Karvy Customer Care's response
Dear Investor,

We would like to inform you that, as per the UTI Long term advantage Series-I scheme guidelines, the redemption process is automated upon the maturity. The maturity date of the said folio numbers was on 30.03.2017, hence, auto redemption has been processed and payment was released through NEFT on 31/03/2017.

Regards,
Team Karvy
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