Icicidirect
Did not receive money after redemption of Mutual Fund

Miscellaneous

I had invested in ICICI Fixed Maturity Plan which had a one year term. I invested Rs.20000 in Mar'07. As per the ICICIDirect Mutual Fund's Order Book the entire units that were purchased under this was redeemed on Apr 2nd. The date of credit of the money was mentioned as Apr 15th. I waited for a week and raised the issue with a Customer Service executive. Though she promised to raise complaint for this, she didnt. I waited for 2 more days and walked into the icicidirect branch at Little Mount. There one Mr. Lijo took up the complaint. He asked for certain printouts which was given to him. Its been more than 2 weeks after all this. Still I dont have an idea where the money is. It has not come to my account yet. And I have not got proper response from Lijo and his branch manager Ms. Munira. I needed the money very urgently.


Company: Icicidirect
Country: India
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