Mutual Funds
Dealys in service

This is related to mutual fund companies (AMC's) these days, overall service of mutual fund companis especially redemptions and dividend amounts are delayed for month or more than a month. also there are delays in sending account statements to investors.even it takes more than a week's time for direct credit of redemtion or dividends to investors' bank accounts. It takes minimum 2-3 reminders to stop SIP's. when such delys are brought to the notice to customer care depts. of mutual funds, they try to blame the brokers which is not so

in many cases.average time for receiving any proceeds from mutual funds is more than a month.

Company: Mutual Funds
Country: India

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