[Resolved]  State Bank of India — Blue Chip Mutual Fund

Address:

Howrah, West Bengal

In the month of December, 2008, I purchased SBI Mutual Fund, Blue Chip for Rs. 25,000/- (Rupees twenty five thousand only) and was allotted 4084.967 units under Folio No.11521160. On 19/01/2010, I redeemed 2084.967 Units @ Rs.12.49 each when NAV was above Rs. 13.50. It is notable that I have not been paid any Dividend during the period. Again on 1st October 2010, I redeemed the balance quantity of 2000 units and was paid @ Rs. 14.05 while NAV on the day of processing was Rs. 16.12 (Authority The Telegraph, Kolkata.) Again it is mentionable that I have not been paid any Dividend for the period. I would like to know whether The Telegraph is misguiding Customers or the Computer Age Management Services who are managing and sending un openable statements to Customers are Cheating and maintaining improper accounts. It is not obvious for every Compouter to have acrobat reader to open the account statement on E-mails. The CAMS may send statement by post. However I would like to know the actual NAV on the dates when the deposit is on growth and not Dividend Payout.