Kotak Mutual Fund
Investment not monitored as a result big loss

Dear Sir,

My name is suraj kumar. I am taking this up on behalf of my father regarding investment on kotak mutual fund (kotak indo world infrastruce fund-growth) which lead a big loss in principal amount instead of expected return. 5Lac had been invested dt. 25 Jan by one of our LIC MF agent in neighbourhood who assured the best return but its not worked out and our hard earned money in loss of 1.2 Lac right now. I am unable to understand who is responsible for this loss. Is that LIC MF agent is responsible or is this responsibility of company to take care the investor’s money who gives the faith? We are really depressed for this loss and writing in respect of getting a positive response on this. Also requesting for taking action against who has played irresponsibility in this regard.

Regards,

Suraj Kumar

9811952073

Company: Kotak Mutual Fund
Country: India
State: Delhi
City: South West Delhi

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