Feb 11, 2007 08:26 PM
7032 Views
This is ultimate way of making fool of people. I am sharing my experience.
I have invested 35, 000 march 2006. in kotak flexi plan - guranteed griwth plan.
Received my first statement after 8 months and I was shocked every figure was negative.
23, 000 out of 35, 000 .was taken by kotak as managing charges for the account.
so amount actually invested is 12000 and i was allocated units accordingly
now next nightmare is they will further dedcut more money every month as some monthly chargs by deduicting units which has been allocated to you.
next mightmare no body from kotak will give you picture clearly.
I have only 1 queston if I want to invest and some body says ok you invest 35000 on me and I will
take 23000 out of it.i belive any fool would agree .right now I am the one.
Guys be aware . ask questions, search web, reviews, sites like mouthshut.
We all are working ahrd to earn and I think we are required to more harder to save it
from falling in wrong hands.
have a nice wealthy and heatlhy life.
