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Ajit

Ajit Mishra  | Answer  |Ask -

Answered on Jan 24, 2022

V Question by V on Jan 24, 2022Hindi
Money

My Current Portfolio is as follows. Please advice on hold or exit.

Ans:
SHARE NO OF SHARES PRICE Recommendation
Aditya Birla SL AMC 20 712.00 Hold
Asian Paints Ltd. 58 3,194.83 Hold
Axis Bank Ltd. 200 786.00 Hold
Bank of India 1000 59.00 Exit
Bharti Airtel 100 680.00 Hold
Dr. Lal Pathlabs Ltd 65 3,811.38 Hold
Gujarat State Petronet 85 312.00 Hold
HDFC AMC 19 2,911.35 Hold
ICICI Bank 15 695.00 Hold
ICICI Lombard Gen. 20 1,578.00 Hold
IRCTC 195 907.44 Hold
ITC Ltd. 100 203.44 Hold
Ircon Internatiol 200 45.92 Hold
Tata Consultancy 44 3,676.14 Hold
Tata Motors Ltd. 68 310.00 Hold
Tata Steel 61 1,309.02 Hold
Venky's (India) Ltd. 61 3,052.90 Hold
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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Asked by Anonymous - Nov 26, 2024Hindi
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I took home loan from HDFC of 10 years duration in May 2023. I told them that i will be able repay the loan in few months as i was planning to sell one plot of mine. Bank employee offered insurance on home loan with return of premium scheme telling me that as soon as you repay the loan all of the premium will be returned. I was old customer so i trusted her and took insurance. Later i came to know that no refund on that policy if you surrender in one year and 60 percent deduction after 02 years. My mistake that i overlooked freelook peroid and rate of return of premium in the documents. I have repaid my whole loan and woll be completing my policy tenure of 02 years in Apr 2025. What should i do to get maximum return of the premium and should i appeal to the higher authorities about the lie told by the employee or i accept the return and sit and regret my decision? Need your valuable advice
Ans: Hello;

You may register a grievance with ombudsman of the lender stating the facts of the matter clearly.

It is upto the discretion of lender's grievance management leadership to take appropriate view of this matter and decide suitably.

Because legally it will always boil down to, you have signed up for the policy after going through all the terms and conditions and also didn't reckon that anything is wrong during the free look up period so no discussion unless you manage to get a video clip of your conversation with the bank employee, which I believe is almost impossible.

Best wishes;

...Read more

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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