[Resolved]  Reliance Mutual Fund — Poor Service and lax attitude, inefficieny - no folio no given

I Rashmi Ponkshe invested in Reliance Mutual Fund through my bank (HDFC Bank, Kothrud-Pune) through the SIP plan about a year ago. i.e in Aug 2008. It has been one year and its time for me to redeem my units I have not yet received my folio no nor any statements from them. They mentioned that there are no records in their database abt my investment though I have proof. My bank statement shows a monthly debit from my account to Reliance. How lax, inefficient and poor is their service. Now since I am in need of the funds I am in a soup. reliance is paying no heed to the HDFC executives who go there for follow up. People should be cautious now...as far as possibel should not invest in Reliance till they learn a lesson.
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Aug 14, 2020
Complaint marked as Resolved 
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I had invested Rs.30000/-, having A/C no. [protected] & Rs.20000/-, having A/C no.[protected] in Rel.Equity Advantage Fund-RetailPlan-GrowthPlan & had switched over to Rel.Monthly Income Plan-Growth on 9.2.2010 thru SMC Global SecuritiesLtd.(ARN29345).However, I have received intimation regarding the switch of A/C No. [protected] only.Please look into this.

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