[Resolved]  Birla Sun Life Mutual Fund — Misappropriation of Funds

Dear Sir,

I wish to report a misappropriation in my wife’s Bank account with ICICI Bank bearing A/C#[protected].

Since Sep’09 there have been deductions of Rs/- 3000 on a monthly basis towards a Birla Sun Life Mutual fund, we do not have any business interests with Birla Sun Life and are not aware of the transaction.

Upon investigation, we understand that all payments for Folio# [protected] for Mr Raja Sahney are being debited from my wife, Pavithra.V’s account. I have shared these details with the Mutual Fund.

We made a formal complaint on 30-Mar, and followed up several times. We have not heard back from them till date. The amount incorrectly debited (with interest) and the penalty imposed should be credited back to the account with interest.

In spite of the complaints Rs/-3000 was deducted on 11-Apr. Ironically, there is no ECS set up with the bank for us to stop payment.
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Aug 14, 2020
Complaint marked as Resolved 
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Dear Sir,
I have taken SIP on BSL Infrastructure with Folio#[protected].
Initial buy was on 03/10/09 and further transactions are as under.
So total Units for the Folio Should be 822.221 where as when i enquire the Folio Details thru sms it is showeing as 687.985.

Pls clear on this.


Regards,
Shripad.

Transaction
Date Transaction
Type Transaction
Units(Nos.)

Div/Unit
Off./Held Price (Rs.)
Transaction
Value(Rs.) Units
Balance(Nos.)

15 Apr 2009 SIP 104.9318 -- 9.5300 1, 000.00 822.2221
11 Mar 2009 SIP 141.0437 -- 7.0900 1, 000.00 717.2903
11 Feb 2009 SIP 124.6883 -- 8.0200 1, 000.00 576.2466
27 Jan 2009 SIP 125.0000 -- 8.0000 1, 000.00 451.5583
10 Dec 2008 SIP 123.3046 -- 8.1100 1, 000.00 326.5583
10 Nov 2008 SIP 112.1076 -- 8.9200 1, 000.00 203.2537
03 Oct 2008 Buy 91.1461 -- 10.9714 1, 000.00 91.1461 --

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