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Finance -Share Complaints, Mutual Fund Complaints Consumer Complaint About Mutual Funds. No Redumption Warrant, Pricipalindia, Delhi


Complaint ID: 5708 2010-10-16 Posted by: Durga Dutt


Post a Similar Complaint!

I have an investment of RS 20000/ in Principal PNB Long Term Equity Fund

3 Year Plan-Series II Growth Plan (2000 Units) Since Sep 2007 This

Investment was made through ARN-0155\\\\N J INDIA INVESMENT PRIVATE

LIMITED. My Portfolio No is

52862786.



As per company reply on said complaint they say this is being sent for redemption and also the warrent is couriered to my address on 11 oct 2010 since redemptions will be automatically processed after 3 years if not chosen switch option at the time of making application as its 3 years close-ended scheme. .

But till date i have not received any courier on said matter nor this is credited to my account.



Please let me know the status of this investment/redemption or the details of the account on which this redemption amount is credited

Advice by Experts:

If you had signed up for online account available for all unit holders of Principal, you caould have verified status of redumption online. request to check status at nearest office

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Date: 2012-01-29 by Devendra Singh
i innested in pricipal tax saver on 14 Nov 07. What is the present value. My account/folio no is 53535365.

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