J M Financial fund
Loss due to fund manage

Sir

On the advice of fund managers, I had invested Rs 50000 in J M Financial Mutual fund Div in 7.9.2007 at nav Rs 10.225 units 4889.926

There was no dividend n on 1st April the company switched to J M Multi Strategy fund. Since the fund was not performing, Iput for redemption on 4.8.2011.

I recd an amount of Rs 22080.94, staying invested for 47 months, I suffered a loss of Rs 27919.06 which is 55%. It is mainly due to bad fund Managers I suffer the loss but they get their salaries n bonus.

I hope I should be reimbuserd.

Company: J M Financial fund
Country: India
State: Maharashtra
City: Mumbai City

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