[Resolved] Tata Mutual Fund — SIP-NO Deduction of monthly installment | |||
Dear concern, Kindly tell who will be responsible as per below mail for bouncing of cheque.I have bear a loss due to this. How they debit 3 ECS and they didnt find that there is wrong account number at the first time and why it find after 3 installment? kindly suggest and resolve the same. regards manoj Trail mail On Wed, 19 May 2010 11:50:36 +0530 wrote > Dear Sir, We thank you for investing in Tata Mutual Fund. We once again wish to inform you that your banker has honoredthe first 3 transactions and later on rejected the other. Hence you need to take up the matter further with your banker. Should you require any further assistance, please feel free to write back to us. Assuring you of our best services at all times. Thanks &Regards, Kiran. Investor Services Tata Asset Management Ltd. Mumbai. #T -----Original Message----- >From: manoj aggarwal ([protected]@rediffmail.com) >Date: Friday, May 14, 2010 04:52 PM >To: [protected]@tataamc.com ([protected]@tataamc.com) >Subject: Re: RE: Re: Re: RE: RE:'BillPay=[protected]' <.FW.> RE: RE: <.FW.> No Ecs deduction of my SIP of tata infrastruture fund Growth_Q8-32800 Dear concrn, > > >How the 3 debits happen from my accounts when the account number was wrong? > >Regards > >Manoj aggarwal >mob:[protected] > >On Thu, 13 May 2010 09:55:31 +0530 wrote >> > > > > >Dear Sir, > >We thank you for investing in Tata Mutual Fund. > > >the SIP which was given along with the fresh purchase was a rejection due to the reason"Date not mentioned". > >Further on we received a fresh mandate in the month of Sep'08 and the same was registered. The creditfor the months of Nov'08 & Dec'08 was successfully received and units were allotted. > >Please note that subsequently your Banker has rejected the mandate after debiting the SIP for the month of Dec'08for the reason "Account number differs". Hence there was no debitafter Dec'08. > > >Totally there were three sip instalmentsprocessed in this folio, the details for which are as follows: > >1st instalment - 02.06.08 >2nd instalment - 07.11.08 >3rd instalment - 08.12.08 > >You are therefore requested to get in touch with your banker on the same. > >Should you require any further assistance, please feel free to write back to us. > >Assuring you of our best services at all times. > > > >Thanks &Regards, >Kiran. >Investor Services >Tata Asset Management Ltd. >Mumbai. > >#T > > >-----Original Message----- >>From: manoj aggarwal ([protected]@rediffmail.com) >>Date: Thursday, April 08, 2010 08:13 PM >>To: [protected]@sebi.gov.in ([protected]@sebi.gov.in) >>Cc: [protected]@tataamc.com ([protected]@tataamc.com) >>Subject: Fw: Reg: No Ecs deduction of my SIP of tata infrastruture fund Growth > > > > > >Dear Concern, >> >>I received a letter from TATA MF that the query is solved but as yet my query is still pending....they said that ECS is cancelled due to incomplete account number but my question arise that how 3 ECS was debited when there was any discrepancy the details are as follows: >> >>I gave a cheque no. 216982 of rs 1000/- and with this my first ECS was debited on 4/6/08. >> >>My folio no. is 2380005/58 FA Code is ARN-0058 and INF_187440 after my first ECS in june my second ECS went on 19/11/08 and third 8/12/08 and after that till date no ECS has been Deducted. >> >>If there were some discrepancies it can arise after 1st ECS,How they debited 3 ECS and If there was some problem in account number so whey they didnt noticed at first ECS,How the amount debited from the account for TATA SIP.I bear a loss due to them only. >> >>Regards >>Manoj Aggarwal >>Mob:[protected] >> >> >>Note: Forwarded message attached >> >>-- Original Message -- >> >>From: "manoj aggarwal"[protected]@rediffmail.com >>To: [protected]@sebi.gov.in >>Subject: Reg:'TataMF=327-391' No Ecs deduction of my SIP of tata infrastruture fund Growth >> >>Thanks & regards >> >>Manoj Aggarwal >>Mobile:[protected] >> > Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 2 Comments | |||
Comments
Tata Mutual funds are just dumping peoples money . Tata Indo-Global Infrastructure Fund this fund like other was advertised like any thing in year 2007 face value was rs 10 now after 3 yrs the face value is rs 8 ...where at same point of time i invested in icici in same infrastructure fund its making profits... Mr. M Venugopal is just relaxed and TATA is least bothered to check...this would be my last investment in TATA group i would never ever suggest to any body...even at the end of 3 yrs its getting loss that means its fraud that's it.
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I wish to being SIP in TATA Ethical fund. I have written to [protected]@tataamc.com (this email id is given in the product details tab). Didnt get a reply. I called the Borivali branch and they said I would have to visit them for the same. I called Fort branch, they took my details and told me some person would come to me with information. This was last week. Till now I have not heard anything from TMF. I dont know if anyone is interested in selling MF's.