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Physical Share Transfer Woes: Trapped Between KFin and Franklin Templeton?

Samraat Jadhav |2249 Answers |Ask -Follow

Stock Market Expert - Answered on Apr 01, 2025

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more

Question by Karun on Mar 17, 2025Hindi

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i have 500 shares of jindal vijaynagar in form physucal certificates whihc were repurchased from SIDSPL Kothari Pioneer Blue Chip. I had written to KFIN technologies (broker for JSW) for transfer of share but KFIN Technologies has advised me to contact Kothari Pioneer Blue Chip( now Franklin Templeton) , as the shares were transferred to them during the merger. I tried reaching out to Franklin for said transfer but its team advised me to contact KFIN technology team. I tried marking grievance redressal officers of both Franklin templeton and KFIN technologies but I was not provided any solution.

Ans: if you have all communication, plz mark your complaint to SEBI

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Sir, my father had bought shares of Jindal Vijayanagar Steel Limited worth 100, 100 rupees in 2 rupees and 3 rupees in 1995...Sir, I only have the certificate of Jindal Vijaynagar Steel Limited of 1995...Sir, when the companies were merged in 2005, I did not receive any documents regarding it...Sir, my father has expired...Sir, how can I get it renewed...and sir, what is its market value now....please help me sir

Ans: Hello;

You will have to approach investor assistance cell of JSW Steel to sort out this matter.

They will guide you on this issue.

Things you will need:
1. Demat account in own name
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I have worked for 5-6 companies from 2000 and each of the companies had PF ; while the most recent ones are aligned and carried forward some very early ones are not ; how do i check the amounts in each of the accts AND align/ carry forward all my PFs into one account(under UAN #) ? i have all PFs nos and other details

Ans: Hello;

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I am an 22 year old commerce graduate. I got a job in December. My salary is Rs 16,000 per month. I am ready to invest Rs 2,000 per month. Should I invest in an RD or a chit fund? What about SIPs or mutual funds? Please suggest where to invest and how it can help me.

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Sir, Age: 26 Subject: NPS ( National Pension Scheme) Scheme Choice : LC 75 ( Aggressive Auto Choice) Tier : Tier 1 Pension Fund: ICICI Prudential Pension Fund Current value of scheme : Rs. 57927/- Investing Rs. 5600/- on a monthly basis My goals: Want my portfolio to beat inflation and provide a pension of Rs. 1 lakh monthly ( in hopes that beating inflation value of Rs. 1 lakh does not decrease over time) Time horizon : 34 years Questions: 1. Sir will my NPS scheme beat inflation? 2. Is the Pension Fund ( ICICI Prudential) a good choice or should I shift? 3. Will one lakh pension after 34 years be enough to support my lifestyle? (Assuming that everything pans out smoothly) 4. Judging by today's tax law income up to 12 lakh p.a. is non taxable, will I be taxed on my pension still if the law remains as is? (Hypothetical question) My details : 1.Unmarried, never planning on marriage or kids ever. 2.Current utility bills amount to Rs. 15,000 per month 3. Other expenses Rs. 5-7k per month. 4. I have other investments too, but I want to know if I can rely on NPS in old age or not. With this information alone, is retirement with NPS feasible?

Ans: Hello;

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Hello, My father in law wants to give me 20 lacs to invest in the market through my Demat account. Technically he will transfer the amount into my savings / salary account which is linked to the Demat account. I will then transfer the amount to my demat account and will invest for long time. Will this transaction attract any tax liability ? if yes how to avoid the same ?

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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