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FundsIndia Complaints & Reviews

www.fundsindia.com
1
Updated: Feb 27, 2025
Complaints 16
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16
It is disappointing 😔 FundsIndia has not been very active in resolving complaints. This lack of response can hurt the overall customer experience and the company's reputation. We suggest that FundsIndia address these customer issues as soon as possible.
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FundsIndia reviews & complaints(16)

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S
sssantanu
from Kolkata, West Bengal
Feb 27, 2025
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Address: INDIQUBE WAVE, 3rd Floor 438/1 T.R. Sundaram Avenue, Anna Salai, Chennai -600006

I HAVE STOPPED TRANSACTION IN FUNDS INDIA BUT I GOT MSGS FROM FUNDSINDIA the email i got Dear Santanu Saha,

We regret to inform you that your payment for the lumpsum is unsuccessful. Kindly try again after a while.
Your Payment Reference Number is: 582422

Total Amount: 5, 000.00

Payment made on:[protected]T15:52:29.793Z

Payment method: : RZNETBANKING
but i hac=ve not done any transaction
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    H
    Hemani5
    May 15, 2023
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    Can't get my funds

    I've been attempting to get back my funds from this site for several months, but I've been encountering errors. I strongly advise against depositing your money on this site. I was able to recover my money thanks to Durafox Tech, I came across their services via Google, and they assisted me in regaining access to all my funds....
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    H
    HArlak
    Oct 7, 2022
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    Not provided my DEPOSIT money

    Address: Palasa branch

    My name A srinivasa Rao .palasa srikakulam kapil branch.sir iam Monthly 2000 rs depost in kapil chit fund palasa branch My chit complite 10 month before.but not receive my money. Branch incharge G TIRUPATHI RAO use volgar language. And kapil AGM SOBAN babu not receive any call ఆర్ any time....
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    H
    [email protected]
    Jul 25, 2022
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    Address: Ratlam Madhya Pradesh

    My investment 2000 in my saybar cream report 5 bay
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      S
      [email protected]
      May 5, 2022
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      Hi Team,

      As i am currently having fundsindia account and this complain regarding today(5/5/2022) and trade with order value 1, 22, 650 with Quantity of 11000 and for this they have charged 1, 05000 for for buy and sell of this i.e for each LOT they are charging 60 rs for buy and 60 rupees for sell this make me very disappointment and finally my investment is in loss
      Customer ID : WIA61613.

      Kindly check this and help me with some needful on this.

      Thanks
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        A
        ashutoshbhardwaj098
        Apr 18, 2022
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        My name is ASHUTOSH BHARDWAJ .I m persuaing B.TECH from dayalbagh educational institutions coll agra.I m in 1st year. I hv not got my scholarship money of[protected] as well as[protected] from samaj kalyaan vibhag, SANJAY PLACE, AGRA.so kindly tell me why my scholarship has not come and when it will come in my account. Mt datas are showing on the web page my registration no is [protected] WWW.SCHOLARSHIP.UP, NIC.IN ...so pls tell as soon as possible ...THANKYOU
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          S
          [email protected]
          Oct 2, 2021
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          Fundsindia sending emails aout payment of demat fee and negative balance
          i dont remember having opened such account
          no phone contact possible as no one answers
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            R
            Rajeeb Kumar Malik
            from Delhi, Delhi
            Aug 8, 2021
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            Please Close my demat account. I have tried and informed FundsIndia for closing my demat account. But they didn't close my account.
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              R
              Ritul Kakoti
              Feb 12, 2021
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              I was told my demat account to be closed. But every month I am receiving email from bseindia showing negative balance with Fundsindia. Even the customer care couldn't find my details with them but my negative balances are increasing. This is not my fault and I am not going to pay them. Last option will be reporting to nseindia complaint page.
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                V
                ved740
                Oct 31, 2020
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                I have tried multiple times to close my demat account, no one seem to be listening. And my balance is being shown in negative. Although no investment.
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                  L
                  lovelyranjeet3283
                  from Delhi, Delhi
                  Feb 26, 2018
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                  Address: Patna, Bihar, 800002
                  Website: FUNDSINDIA

                  I ahave created account with funds india wrongly . But now i want to close our account and remove our bank account detail with fundsindia, but unable to do this because no any option available on website of funds india . I have also written email to support team of fundsindia but they aare not ressponding .So please raise the issue and help us to close our fundsindia account.

                  Ranjeet kumar choudhary
                  mob - [protected]
                  email - [protected]@rediffmail.Com
                  View replies
                  Hello Ranjeet,

                  First off, sorry for the late response.

                  As we can see from the screenshot provided, our representative did respond to you. We hope they've helped you successfully close your FundsIndia account.

                  If not, please write to [protected]@fundsindia.com. We'll ensure this gets done ASAP.

                  Warm Regards,
                  Team FundsIndia
                  Reply
                  Transaction date : 28/08/2018

                  Amount:- i) Rs 43, 000.00
                  ii) Rs 43, 000.00

                  Total = Rs 86, 000.00

                  Name :- Ratna Seal

                  Email:- [protected]@gmail.com
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                    K
                    kiran sanaba
                    from Bengaluru, Karnataka
                    Jan 19, 2018
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                    Website: www.fundsindia.com

                    Hi,

                    I set up an account in fundsindia on 15/1/2017 and did a transaction to purchase mutual funds worth 80000rs, i got a mail that since my account is not entirely setup, and i have done a transaction they will set it up in 2 days or will refund my money. They my documents on 15th night, and my account has not been setup yet, can you please refund my money, as you have stated promptly in the mail, i have written clarification asking when will my account be setup or whether the money will be refunded by no response what so ever, worst customer support ever. Please respond to this complaint and do the needful. My phone number is [protected], email id: kiran. [protected]@gmail.com

                    Regards,
                    Kiran. S. V
                    View replies
                    Hi Kiran,

                    As per our records your account set up was completed on Jan 19, 2018 itself. We hope everything was resolved to your satisfaction. If not, please feel free to write to [protected]@fundsindia.com. We'll be happy to assist you.

                    Hope you have a good investment experience with us.

                    Warm regards,
                    Team FundsIndia
                    Reply
                    I had invested Amount of Rs 1000 for Motilal Oswal ELSS Regular plan on 1st May 2018. Even after following it up with Funds India they have not credited. There is no positive response also. I have even shared NEFT details and acknowledgment mail still they have not credited my amount. I Have attached screen shot of NEFT details.
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                      B
                      BHAGWANDAS SAMARIYA
                      from Kathor, Gujarat
                      Sep 11, 2017
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                      Address: Chennai, Tamil Nadu, 600014
                      Website: www.fundsindia.com

                      My demat account number is 00071371. My client id is wia19614.

                      I want to close my demat account with with funds india.

                      It is not responding to my emails. It is not sending me application form to close demat account.

                      I have called up so many times as well as wrote emails but no progress / respond till now.

                      Please direct company to respond me.
                      View replies
                      Hi Bhagwandas Samariya,

                      We're sorry you're having trouble closing your Demat account with us. Please email your registered email ID, the complaint, and your request number (if you've raised a request with our support team to close your account) to [protected]@fundsindia.com, with a CC to [protected]@fundsindia.com.

                      If this is still pending, we'll ensure that it gets resolved at the earliest.

                      Warm regards,
                      Team FundsIndia
                      Reply
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                        S
                        shyam86sharma
                        from Bengaluru, Karnataka
                        Aug 10, 2016
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                        Address: Chennai, Tamil Nadu, 600014
                        Website: www.fundsindia.com

                        Mr. Saravanan,

                        What is this technical issue all about ? How can you take decision on behalf of me?
                        I have invested Rs. 25000 till now but my funds india account is showing bal of Rs. 9000 only. What is happening?


                        I am very much disappointed with the service provided:

                        1. I have asked for demo after opening this dmat account, but there was no response, finally I got a call for 2 min to make me understand how to add cash to this account.
                        2. Real time data updation is very poor on your web site.
                        3. My mutual funds NAV updates after 2 days on your portal, where other online portal updates it on daily basis.
                        4. There is absolutely no customer service.
                        5. Higher brokerage

                        I am very much disappointed with fundsindia. Do let me know what you doing for technical issues, and why should I bear the loses for your technical issues ??

                        Also Let me know how to close/deactivate fundsindia account.
                        View replies
                        After registring at funds india i found ekyc adhar link which is not visible now in dashboard as i was away from mobile to connect ekyc with adhar using otp and now since its not diaplaying in dashboard .Help me out and let it in my dashboard account for ease
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                          T
                          The Ninans
                          Jul 10, 2015
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                          NRI's beware. The quick account opening process is all hype. It's very cumbersome and I had to resort to multiple calls to the on-boarding team just to get it activated. They don't respond to emails at least in my case they did not. Finally when they did activate the account, several features were disabled and I was told that the hardcopy paperwork is required, despite their site claiming quicker provisional activation for 15 days. I unfortunately made 1 investment through them, but might not continue. I will be looking at ScripBox, Zerodha and fundsupermart as possible options.
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                          When i requersted for SIP cancelation, i get response saying they cant cancel until 6 months. When you cant gaurenty returns how can you force me to put money into funds. It should be up to the investor to take decision weather to invest or not
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                            A
                            Ashish Chandak
                            from Mumbai, Maharashtra
                            May 8, 2012
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                            Negligence in filling the forms

                            Address: Bangalore, Karnataka

                            Do not invest via fundsindia, they do mistakes while submitting the forms and then would not help you in getting it resolved, they would tell you directly to contact the issuer, as they get so many requests online and they need to fill the forms they do it in hurry.
                            its our hard earned money, for them its just a matter of their commission. I am really sad and un happy with their service.
                            For me they did three mistakes while...
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