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3.27 

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Investment in Kotak mutual funds
Oct 05, 2015 06:24 PM 7630 Views

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I have invested in Kotak mutual funds and portfolio is held with canarabank in Demat.when I wanted to sell the portfolio in market canarabank and Kotak mutual fund refused to sell the portfolio stating that same is held in Demat and hence cannot be sold.Immediately I have requested to remat the portfolio to sell the same through Kotak mutual fund local office.


Due to negligence of canarabank and Kotak mutual fund till date Iam unable to sell the portfolio and due to huge drop in mkt price Iam put in great loss.It is more than 4 months and Iam yet to hear from canarabank and Kotak mutual funds.k v Prabhakar Rao


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