[Resolved]  Reliance Mutual Fund — Fraud- Triple deduction

Hi: The greatest blunder I had ever made was to invest in Reliance Mutual Fund. Their customer service is so unprofessional and intentionally take small investors for a ride. I had been complaining to them about a triple entry of SIP in the same month, which is not presented in my statement but reflected in my bank pass book, fell in deaf ears. They had promised me to redress it in 7 days, which has not happened since a year, inspite of repated reminders. This is the worst mutual fund management company, I had ever seen. Stay away from investing in it- Praveen Kumar
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Aug 14, 2020
Complaint marked as Resolved 
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Reliance Mutual Fund — wrong entry and missing form

I have applied for Reliance Regular Saving Fund(Balanced)and Reliance Banking FUnd via India Infoline Broker and what happened that i got debited only for reliance regular saving fund(balanced)and still my reliance banking fund application is pending and i have submitted this application on 29th Aug i also sending to you scanned copy of these funds that i allready submitted.
In my one folio i two funds generated 1:Reliance regular saving fund(Balanced option)that i applied.2:Reliance regular saving fund(Equity)that i have not applied.
And in your persons have not filled proper address that i filled in form attached with this mail so i am not able to got letters and iping also.why this type of negligience made by your employees?????why they ahve not filled the district Ludhiana??????????how i got my letters?????
where is my reliance banking form and cheque???????????????????????
How you have entered reliance regular saving fund(Equity option)that i have not applied for??????????

I need answer immidiatly i also complained to cust care but still no result i got.......................
I also sending to you scanned copy of forms............IF I NEVER GOT RESULT THEN I GO TO CONSUMER COURT with all these proofs.......

YOU ARE MAKING FOOL TO YOUR CUSTOMERS.........................
Dear Investor,

With reference to your complaint posted on https://www.consumercomplaints.in website regarding purchase transaction and address not updated correctly, in order to assist you further, we request you to provide us with your folio number and contact details to assist you further.

For any further information or assistance, please contact us on our 24 hours Customer Service Centre[protected]toll free) or[protected]Non reliance users need to prefix the local area code). You can also write to us at [protected]@reliancemutual.com.

We would be happy to assist you.

We value your investment and thank you for your trust in Reliance Mutual Fund.

Regards,
Reliance Mutual Fund Response Management Team.

Reliance Mutual Fund — Redemption Check in received

Folio no [protected], Complint No 19491934...............redumption on 25 April 2012, so far i not recived my cheque.

Please do the needful.
Thank you

subrahmanyam

[protected]

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